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Global agricultural robots market - Future Forecast

Global agricultural robots market to reach $11,050 Million by 2023 with a CAGR of 21%. Surge in adoption of automation technology to drive the industry.

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Global agricultural robots market - Future Forecast

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  1. Agricultural Robots Market Expected To Hit $11,050 Million By 2023 | CAGR 21% Global Opportunity Analysis And Industry Forecast, 2017-2023

  2. Agricultural Robots Market Overview: • Technological evolution has had an extensive impact on various industries such as packaging, food & beverage, healthcare, agriculture, and construction. With the continuous demographic surge, consumers demand for food is rapidly increasing. This has led to gradual adoption of technological solutions to catalyze the agricultural productivity by the agricultural industry. • Agricultural robots are gaining traction among the farmers, owing to the need for producing food products effectively and ensuring sustainability. These robots are deployed to speed the farming processes with minimal human interventions. Various agricultural robots are programmed to perform different farming processes such as field farming, dairy farming, seed sorting, soil management, and others. High requirement for modernized and sustainable farming processes to produce faster yields is expected to drive the globalagricultural robots market over the forecast period. • Download Sample Report: • The global agricultural robots market is driven by the large number of agricultural technology firms developing, experimenting, and launching a wide range of robotic systems designed for various agricultural purposes. Increase in population, rise in demand on food supply, high popularity of indoor farming, frequent climate variations, and surge in adoption of automation technology are expected to boost the global agricultural robots market growth in the future. However, the global agricultural robots industry is expected to witness few challenges such as limited awareness about agricultural robots among the farmers, and inability of the robots to match up to human human-like dexterity impede this growth. Adoption of telematics sensors can be a potential opportunity for the global agricultural robots market. 2 5/14/2019

  3. Top Impacting Factors • Factors contributing the demand for global agricultural robots market include increase in adoption of automation technology, growth in demand for food and feed, rise in popularity of indoor farming and weather uncertainties. The economic progress is driven by the increase in population in the urban areas and the suburbs. This scenario results into an increased demand for food production. • With an aim to meet the rapidly increasing demands for food and ensure no food scarcity, the agricultural industry is increasingly deploying agricultural robots. The concept of indoor farming is emerging owing to its ability to increase the local food supplies and offer fresh produce to the consumers. • Thus, the global agricultural robots market has witnessed high proliferation in the indoor farming process to effectively manage the yields and other farming processes. The automation technology has highly impacted various industries by easing out the industrial processes and eliminating the need for human interferences. The agricultural industry is expected to be benefitted by the introduction of agricultural robots. Continuous and unexpected climate variations are a major challenge for the farmers; thus, the introduction of agricultural robots serves as a boon for the agricultural industry. 3 5/14/2019

  4. Key Benefits The study provides an in-depth analysis of the global agricultural robots industry and current & future trends to elucidate the imminent investment pockets. Information about key drivers, restrains, and opportunities and their impact analysis on the market is provided. Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry. The quantitative analysis of the global agricultural robots market from 2017 to 2023 is provided to determine the market potential. 4 5/14/2019

  5. Agricultural Robots Market Key Segments: By Type By Application Driverless Tractors Dairy Management Unmanned Aerial Vehicles (UAVs) Irrigation Management Milking Robots Harvest Management Automated Harvest Robots Soil Management Material Management Inventory Management Others (Animal Management and Forest Management) Others (Field Mapping and Pruning Management) 5 5/14/2019

  6. By Geography • North America • U.S. • Canada • Mexico • Europe • UK • Germany • France • Italy • Rest of Europe • Asia-Pacific • China • Japan • India • Rest of Asia-Pacific • LAMEA • Latin America • Middle East • Africa 6 5/14/2019

  7. Key Market Players • AGCO • Autonomous Solutions Inc. • Autonomous Tractor Corporation • ClearpathRobotics • DeepfieldRobotics • DeLaval • GEA Group • Harvest Automation • John Deere • Lely 7 5/14/2019

  8. Contact Us David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com

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