Agricultural Robotics Market Analysis By Industry Share, Merger, Acquisition, Size Estimation, New Investment Opportuni

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Increasing government support toward adoption of automation in the agricultural sector is driving revenue growth of the agricultural robotics market

he global agricultural robotics market size reached USD 4.81 Billion in 2021 and is expected to register a revenue CAGR of 19.3% during the forecast period. Many high-cost robots do not always provide sufficient Return on Investment (RoI). This is one barrier for small farms and therefore, these farms are lagging. Data privacy is another concern for using agricultural robots. Data collected by ground robots and drones could be totally different from each other. Moreover, captured data must be stored and provided to third parties such as banks to check the productivity of concerned farms in order to approve loans.

The study aims to provide a forecast of the growth of the Agricultural Robotics market by examining the market size, share, demand, trends, and gross revenue of the industry. Further, it provides a competitive analysis and SWOT analysis.  The report segments the industry based on product type, application and end-use. It highlights the emerging trends as well as the novel technology that are visible in the market. The research offers a clear look at the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

To know more about the report, visit @https://www.emergenresearch.com/industry-report/agricultural-robotics-market

The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

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Leading Companies of the Agricultural Robotics Industry and Profiled in the Report are:

Deere Company, Trimble Inc, Agco Corporation, Lely Industries N.V., AgEagle Aerial Systems Inc., Agribotix LLC, AGROBOT, Harvest Automation, Naio Technologies, and IBM Corporation.

Emergen Research has segmented the global agricultural robotics market on the basis of type, farming environment, farm produce, application, and region:

  • Type Outlook (Revenue, USD Billion; 2019–2030)

    • Milking Robots
    • Unmanned Aerial Vehicles (UAVs) / Drones
    • Driverless Tractors
    • Automated Harvesting System
    • Others
  • Farming Environment Outlook (Revenue, USD Billion; 2019–2030)

    • Indoor
    • Outdoor
  • Farm Produce Outlook (Revenue, USD Billion; 2019–2030)

    • Field Crops
    • Fruits and Vegetables
    • Dairy and Livestock
    • Others
  • Application Outlook (Revenue, USD Billion; 2019–2030)

    • Field Farming
    • Harvest Management
    • Soil Management
    • Dairy and Livestock Management
    • Pruning Management
    • Irrigation Management
    • Inventory Management
    • Weather Tracking Monitoring
    • Others

Regional Analysis:

The report sheds light on the region expected to dominate the Agricultural Robotics market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Agricultural Robotics market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

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Thank you for reading our report. Customization of this report is available in chapter-wise or region-wise sections. Kindly get in touch with us to know more about the report, and our team will provide excellent assistance.

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