Agriculture Robots worth USD 3.5 billion market

According to Goldstein Research, the rising demand for agriculture robots is being driven by a numerous factors including global population growth, increasing strain on the food supply and decreasing availability of farm workers in developed countries. Global agriculture robots market segmentation includes products types such as driverless tractors, milking robots, potato sorting system, unmanned aerial vehicles and other. The market for agricultural robots is emerging at a rapid pace, with a significant number of established and startup agricultural technology companies developing innovative range of agriculture robots and solutions. According to our analysts agriculture robots market is projected to register a CAGR of22.0% during the forecast period i.e. 2016-2024. Global agriculture robots market is majorly growing in developed nations owing to rapid digitalization of agricultural operations. Milking robots are leading the market due to increase in number of milk yield and dairy farms.
Market Segmentation
On the basis of our in-depth analysis, Global Agriculture Robot Market can be segmented as follows:
• On the basis of products
o Driverless Tractors
o Milking Robots
o Potato Sorting System
o Unmanned Aerial Vehicles
o Others
• On the basis of technology
o Hardware
 Automation and control system
 Sensing and monitoring device
o Software
 Local/Web based
 Cloud based
o Services
 Managed services
 Connectivity services
 Maintenance services
 Support services
• On the basis of application
o Field Farming
o Soil Management
o Crop Management
o Grafting
o Nursery Operations
o Weather Tracking and Forecasting
o Pruning
o Thinning
o Weeding
• By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Million), Product Sales (Units)} § Rest of the World{Market Share (%), Market Size (USD Million), Product Sales (Units)}
“Global Agriculture Robots Market Outlook 2024” contains detailed overview of the global agriculture robots market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology, by product and by applications.
Further, for the in-depth analysis, Global Agriculture Robots Market in BFSI Sector Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Agrobot, Energid, Clearpath Robotics, Autonomous Solution, Wageningen UR, Agritronics etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global agriculture robots market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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