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Global Agricultural Robots Market is Expected to Grow from USD 7.4 Billion in 2020 & is Projected to reach USD 20.6 Billion by 2025 at a CAGR of 22.8% - ResearchAndMarkets.com

The "Agricultural Robots Market by Offering, Type (UAVs, Milking Robots, Driverless Tractors, Automated Harvesting Systems), Farming Environment, Farm Produce, Application (Harvest Management, Field Farming), Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

A shortage of new farmers, as indicated by the rising average age of farmers is driving the further use of automated agricultural equipment as well as the development of new agricultural robots. Development is taking place in all aspects of agriculture, such as imaging, navigation, planting, weeding, and harvesting. Large farms are also collaborating with companies developing agricultural technology to drive down costs and to maintain their cost advantage in the market. Increasing the requirement for food globally will also require increasing productivity, which can only be achieved through robotic automation.

UAVs are expected to maintain its market dominance during the forecast period

UAVs are expected to maintain the largest share of the market compared to other agricultural robots. Drones are the most inexpensive agricultural robots and can be deployed in all farms regarding their size. Different variants of drones are available for different tasks. Fixed-wing drones, offered by companies such as AgEagle Aerial Systems (US) are suitable for crop and livestock imaging. Rotary blade drones, such as those offered by DJI (China) have a more stable flight and can be used for precision spraying applications. Most drone manufacturers also offer specialized software for farmers to gain actionable insights from captured data.

Hardware components are expected to have the largest share of the market

Hardware components, consisting of automation & control Systems and sensing & monitoring devices will continue to have the largest share of the market compared to either software or services. As agricultural robots are highly specialized in their design, they require specialized mechanical components and sensors to operate. These add a significant cost to the price of a robot. A strawberry picking robot cannot be programmed to be used for kiwi harvesting. Hardware systems are paramount to productivity, through faster working speed and reduced operational errors. Increased use of sensors and navigation modules in agricultural robots also contribute to the large market share of hardware.

The market in the US is expected to have the largest share of the market

Large farms and focus on agricultural productivity is one of the primary reason for the US having the largest market share when compared to other regions. With increasing restrictions on immigration and shortage of farm labor, large farms are investing in companies that develop agricultural robots. HARVEST CROO (US) is one such company and is mainly funded by large strawberry farm operators. Robotic harvesting vehicles are also being tested in Florida and California to harvest other fruits such as apples and grapes to automate labor-intensive tasks. Countries such as Canada, Mexico, and Brazil are also adopting various agricultural robots. Hence, North America is expected to have the highest share of the market.

Key Benefits of Buying the Report

  • The report would help leaders/new entrants in this market in the following ways:
  • This report segments the agricultural robotics market comprehensively and provides the closest market size projection for all subsegments across different regions.
  • The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.
  • This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product developments and launches, partnerships, and mergers and acquisitions.
  • The analysis of the top 25 companies, based on the strength of the product portfolio as well as the business strategy will help stakeholders visualize the market positioning of these key players.
  • PESTEL analysis and technological trends that will shape the market in the coming years has also been covered in this report.

Key Topics Covered:

1 Introduction

1.1 Study Objectives

1.2 Market Definition and Scope

1.3 Study Scope

1.4 Currency

1.5 Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Market Size Estimation

2.3 Market Breakdown and Data Triangulation

2.4 Research Assumptions and Limitations

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in Agricultural Robots Market

4.2 Agricultural Robots Market, By Type

4.3 Agricultural Robots Market, By Offering

4.4 Agricultural Robots Market, By Farm Produce

4.5 Agricultural Robots Market in APAC, By Industry and By Country

4.6 Agricultural Robots Market, By Country

5 Market Overview

5.1 Market Evolution

5.2 Market Dynamics

6 Industry Trends

6.1 Introduction

6.2 Value Chain Analysis

6.3 Technology Roadmap

6.4 Pestle Analysis

7 Agricultural Robots Market, By Offering

7.1 Introduction

7.2 Hardware

7.3 Services

8 Agricultural Robots Market, By Type

8.1 Introduction

8.2 Unmanned Aerial Vehicles (UAVs)/Drones

8.3 Milking Robots

8.4 Driverless Tractors

8.5 Automated Harvesting Systems

8.6 Others

9 Agricultural Robots Market, By Farming Environment

9.1 Introduction

9.2 Outdoor

9.3 Indoor

10 Agricultural Robots Market, By Farm Produce

10.1 Introduction

10.2 Fruits & Vegetables

10.3 Field Crops

10.4 Dairy & Livestock

10.5 Others

11 Agricultural Robots Market, By Application

11.1 Introduction

11.2 Harvest Management

11.3 Field Farming

11.4 Dairy & Livestock Management

11.5 Soil Management

11.6 Irrigation Management

11.7 Pruning Management

11.8 Weather Tracking & Monitoring

11.9 Inventory Management

11.10 Others

12 Geographic Analysis

12.1 Introduction

12.2 Americas

12.3 Europe

12.4 APAC

12.5 RoW

13 Adoption of Agricultural Robots Based on Farm Size

13.1 Introduction

13.2 Small Farms

13.3 Medium-Sized Farms

13.4 Large Farms

14 Competitive Landscape

14.1 Overview

14.2 Market Share Analysis: Agricultural Robots Market, 2019

14.3 Competitive Leadership Mapping

14.4 Startup Scenario

14.5 Competitive Situations and Trends

15 Company Profiles

15.1 Key Players

15.1.1 Deere & Company

15.1.2 Trimble

15.1.3 Agco Corporation

15.1.4 Delaval

15.1.5 DJI

15.1.6 Boumatic Robotics

15.1.7 Lely

15.1.8 Agjunction

15.1.9 Topcon Positioning System

15.1.10 Ageagle Aerial Systems

15.2 Right to Win

15.3 Other Key Players

15.3.1 Yanmar Co.

15.3.2 Deepfield Robotics

15.3.3 Ecorobotix

15.3.4 Harvest Automation

15.3.5 Nao Technologies

15.3.6 Robotics Plus

15.3.7 Cnh Industrial N.V.

15.3.8 Kubota Corporation

15.3.9 Harvest Croo

15.3.10 Autonomous Tractor Corporation

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200116005566/en/

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