Business

Agricultural Robots Market Analysis, Top Companies, New Technology and Opportunity 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Agricultural Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global agricultural robots market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Agricultural Robots Market?

Report Attributes    Details
Market Size in 2022 US$ 7.6 Billion
Market Forecast in 2028 US$ 21.1 Billion
Growth rate (2023 to 2028) CAGR of 18.42%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What are Agricultural Robots?

Agricultural robots are automated machines specifically engineered to assist in a range of agricultural tasks, thereby revolutionizing traditional farming methods. These robots are characterized by their versatility, as they are designed to conduct various operations such as planting, harvesting, weeding, and environmental monitoring. Equipped with advanced features like global positioning systems (GPS), machine vision, and sensors for soil and moisture analysis, they offer precision and efficiency in resource management. For instance, some agricultural robots have machine-learning algorithms that allow them to distinguish between crops and weeds, ensuring targeted application of herbicides. Their IoT capabilities enable real-time data collection, which can be remotely accessed for timely decision-making. This data-centric approach also supports predictive analytics for better yield management and resource allocation. Agricultural robots present a harmonious blend of technology and agriculture, aimed at making farming more efficient, sustainable, and profitable.

What are the Growth Prospects and Trends in the Agricultural Robots Market?

The escalating need for sustainable and efficient agricultural practices is driving the expansion of the agricultural robots market. Key participants such as farmers, agritech firms, and research institutions acknowledge the crucial role these robots play in optimizing crop yields and resource management, thereby fueling market growth. Agricultural robots are versatile, finding utility in various farming activities from soil analysis to harvesting, thus extending their market applicability. Technological breakthroughs are significantly influencing the sector, with innovations encompassing drone-based aerial surveillance, AI-driven crop diagnostics, and automated irrigation systems. Concurrently, R&D initiatives are increasingly directed towards developing robots with renewable energy sources, precision agriculture capabilities, and software solutions for comprehensive farm analytics. These concerted efforts are setting a favorable stage for the progressive evolution of the agricultural robot industry.

Who are the Key Players Operating in the Agricultural Robots Industry?

The report has also analysed the competitive landscape of the market with some of the key players.

  • Deere & Company
  • Trimble Inc.
  • Agco Corporation
  • Lely Holding S.À.R.L
  • AG Eagle LLC
  • Agribotix LLC
  • Agrobot
  • Harvest Automation
  • Naio Technologies
  • Precision Hawk
  • IBM
  • Agjunction, Inc.
  • DJI
  • Boumatic Robotics
  • B.V.
  • AG Leader Technology
  • Topcon Positioning Systems, Inc.
  • Autocopter Corp
  • Auroras S.R.L.
  • Grownetics Inc.
  • Autonomous Tractor Corporation.

What is Included in Market Segmentation?

The report has categorized the market based on product type, application and offering.

Breakup by Product Type:

  • Unmanned Aerial Vehicles (UAVs)/Drones
  • Milking Robots
  • Automated Harvesting Systems
  • Driverless Tractors
  • Others

Based on Application:

  • Field Farming
  • Dairy Farm Management
  • Animal Management
  • Soil Management
  • Crop Management
  • Others

Analysed by Offering:

  • Hardware
  • Software
  • Services

Regional Insights:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Request for a PDF Sample Report: https://www.imarcgroup.com/agricultural-robots-market/requestsample

Key Highlights of The Report:                                                    

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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