The latest market intelligence study on the Agricultural Robots market brings in the best of both qualitative and quantitative assessment techniques to explore the market size, share, and status of the Agricultural Robots market for the forecast period, 2020 - 2027. The extensive examination of the global business environment provides a detailed analysis of the key driving forces and challenges with the aim to give the stakeholders, business owners, and filed marketing executives a competitive advantage over others. The study further probes into prominent challenges, technology advancements, current trends and lucrative avenues often considered as the boosting elements for the Agricultural Robots market for the forecast period, 2020 - 2027. The global Agricultural Robots Market will be worth USD 37.24 Billion by 2027, according to a current analysis by Emergen Research.
Key
Highlights From The Report
In November 2019, DeLaval launched the latest addition to
its robotic milking system offering – DeLaval VMS™ V310. The VMS™ V310 comes
with the new DeLaval Re Pro™ that detects pregnancy and heat automatically
during the milking process.
The hardware segment held the largest market share of 48.3%
in the year 2019. Increasing adoption of cost-effective IoT-enabled devices and
sensors in the agriculture sector is expected to drive the hardware segment's
growth.
The driverless tractors are forecasted to grow with the fastest
CAGR of 35.4% over the forecast period due to the declining agricultural
workforce and the increasing investments for the development and production of
the driverless tractors by the major market players.
Dairy management accounted for the largest market share in
2019 due to the increasing adoption of milking robots in order to meet the
growing demand for dairy products.
North America accounted for the largest market share in 2019
due to the increasing government initiatives regarding the adoption of
agricultural drones in the agricultural sector to facilitate smart farming.
Key participants include Agco Corporation, Deere and
Company, GEA Group, Trimble Inc., Agjunction, Lely, DJI, Delaval, AgEagle
Aerial Systems, and Topcon Positioning Group, among others.
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Offering Outlook (Revenue, USD Billion;
2017-2027)
Software
Hardware
Services
Type Outlook (Revenue, USD Billion; 2017-2027)
Driverless
Tractors
Unmanned
Aerial Vehicles (UAVs)
Automated
Harvesting Systems
Milking
robots
Application Outlook (Revenue, USD Billion;
2017-2027)
Dairy
management
Soil
management
Field
farming
Animal
management
Crop
management
Regional Outlook (Revenue, USD Billion;
2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
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