Global Agriculture Robots Market Overview
The Agriculture Robots Market is projected to grow at a
CAGR of 29.44% during the forecast period. As per the agriculture robots market
research report, the global market for agriculture robots is projected to grow
swiftly by US$27.32 billion by 2026. According to analysts, advancements in
artificial intelligence (AI) as well as adoption of robots for indoor farming
will drive the market growth during the forecast period.
The agriculture robots market research report offers
a comprehensive analysis of the global agriculture robots market and its
application, farm produce, farm type, region, and robot type segments. The high
investment demands along with low levels of awareness among farmers are the
elements that could influence the agriculture robots market advancement
throughout the forecast period. The agriculture robots market research report
by expert analysts is developed to assist organizations in the agriculture
robots market.
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Market Segmentation
The global agriculture robots market has been
segmented based on application, farm produce, farm type, region, and robot
type.
On the basis of application, the market for
agriculture robots is segmented based on dairy & livestock management,
harvest management, inventory management, irrigation management, field farming,
and others. Additionally, the market on the basis of farm produce, is segmented
into dairy & livestock, field crops, fruits & vegetables, and others.
The global market for agriculture robots is also covered based on the farm type
segment which is further split into indoor & outdoor.
On the basis of robot type, the market for
agriculture robots is segmented based on automated harvesting systems,
driverless tractors, milking robots, UAV, and others.
Major elements such as complex machines could
obstruct the agriculture robots market growth. However, according to the
agriculture robots market research report, increasing population along with
easy access to machine location data will propel growth throughout the forecast
period. The agriculture robots market is set to register growth at a high CAGR
owing to these key factors.
The exploration of application, farm produce, farm
type, region, and robot type segments along with regional markets has been
given in the global agriculture robots market research report. The research
analysts studying the agriculture robots market have put out market forecasts
in the agriculture robots market research report in order to support
agriculture robots market-based companies. The agriculture robots market
research report provides an extensive understanding of the agriculture robots
market based on the information and forecasts till 2026.
Regional Overview
North America, Europe, Asia Pacific and the rest of
the world regional market for agriculture robots are predominantly covered in
the global agriculture robots market research report. Country-level agriculture
robots markets spread across North America – the United States, Canada, and
Mexico are also covered in the report. In South America – Brazil and other
country-level agriculture robots markets are covered in the report. In
Asia-Pacific (APAC) region, the country-level agriculture robots markets
covered are Japan, India, China, and others. The agriculture robots market
research report also explores the regional market for agriculture robots
present in Europe in the United Kingdom, France, Italy, Spain, and Germany,
etc. The agriculture robots market research report also covers regional markets
from the rest of the world alongside agriculture robots markets of Africa and
the Middle East.
Competitive Landscape
New product development, mergers and acquisitions
are presumed to drive the agriculture robots market growth worldwide. The
global agriculture robots market could be challenged by budget constraints
among farmers in developing countries, nevertheless, organizations in the
agriculture robots market will carry the growth rate forward. The agriculture
robots market research report presents company profiles of major companies
active in the agriculture robots market globally. Furthermore, the global
agriculture robots market report offers an all-inclusive analysis of the market
collected from the agriculture robots market’s primary and secondary sources
covering both decision makers and thought leaders. The agriculture robots
market research report highlights such key areas assisting businesses operating
in the agriculture robots market to build better growth strategies.
Industry News
Tevel Aerobotics Technologies has announced this
week that it has raised $20 million for its technology, developing flying
fruit-catching robots to offer autonomous on-demand harvest. Maverick Ventures
Israel, OurCrowd, AgFunder, and Asian agricultural equipment manufacturers,
Kubota and Forbon, are among the investors in this round. This takes the
overall financing of the organization to $33.9 million and the Israeli
Innovation Authority grant of $2.5 million.
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