Agricultural Robot Market

The global Agricultural Robot market was valued at USD 3.63 Billion in 2020 and is projected to reach USD 15.93 Billion by 2028, growing at a CAGR of 20.31% from 2021 to 2028.

Agricultural robots are specialized type of robots that help farmers to perform wide range of operations. They are used to analyse data and carry out various functions, and they can also be programmed in a way to grow and evolve to match the needs of various tasks. These robots are capable of automating repetitive, slow, and dull tasks to help farmers, permitting them to focus more on improving production yields. The growing investment in agricultural robots is expected to provide growth opportunities in the years to come.

The global Agricultural Robot market report provides a thorough analysis of each segment including Type,Farm Produce and Farming Environment for each region, and country. All the segments are studied considering historical and future trends across geographies. All the segments covers trends, market size, and forecasts, and the data is provided for the years 2016–2028. Moreover, the report also covers exhaustive analysis on competitive scenario of the global market covering in depth company profiles based on business overview, financial performance, product portfolio, business strategies, recent developments, and market share among others. In addition to that the report offers several market impacting factors such as drivers, restraints, and opportunities. Cumulatively, the report will cover all of the aspects regarding the global Agricultural Robot market. 

In 2020, swift spread of COVID-19 largely impacted the global business operations, disrupting the supply chain and impairing various industries. The global trading activities were declined severely owing to the nationwide lockdowns, international border seals, and strict social distancing measures. This had a drastic impact on the global economy, as the companies across the globe were forced to either fully close or partially close their operations, leading to disruption in the supply-demand ratio. Moreover, in 2021 several key markets such as U.S., India, and Brazil among others witnessed a second wave of COVID-19 that further disrupted the market. However, it is expected that reopening of trade activities, the market will witness steady growth in demand in the coming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.

The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

The report covers an exhaustive analysis of Agricultural Robot industry that includes drivers, restraints/challenges, opportunities, and segmental/regional trends among others. Apart from that, it will also cover extensive information on various marketing tools such as PEST Analysis, Porter’s Five Forces Analysis, pricing trends,  SWOT analysis, and value chain analysis along with technological landscape and regulatory framework specific to Agricultural Robot industry.

The increase in population and increasing labour shortage is encouraging automation along with maturing IoT and navigation technologies driving down cost of automation is anticipated to augment the growth of the agricultural robots market over the forecast period. Furthermore, the COVID-19 pandemic is also expected to accelerate the use of robots in agricultural sector in the years to come. 

The increase in scope for automation in agriculture in the untapped market and use of real-time multimodal robot systems in fields along with increased use of electrification technology in agricultural robots is also expected to fuel the growth of the market in the years to come. 

The high cost of automation for small farms and technological barriers pertaining to fully autonomous robots along with increasing concerns over data privacy and regulations may hamper the growth of the agricultural robots market over the forecast period.

Type  Analysis: Preview

On the basis of Type, the market is segmented into Milking Robots, UAVs/Drones, Automated Harvesting Systems, Driverless Tractors, Others. UAVs/Drones held the highest share in the global Agricultural Robot market and is projected to witness the same trend during the forecast period.

Farm Produce Analysis: Preview

Based on Farm Produce, the market is segmented into Fruits & Vegetables, Field Crops, Dairy & Livestock, Others. Fruits & Vegetables accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.

Farming Environment Analysis: Preview

Based on Farming Environment, the market is segmented into Indoor, Outdoor. Outdoor dominates the global Agricultural Robot market and is expected to continue the same trend from 2021 to 2028. 

Based on geography, the global Agricultural Robot market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The regional section is further bifurcated into key country level markets for each region. Some of the prominent country-level markets are U.S., China, Germany, France, India, and Japan. It covers market size and estimations for each segment by region and country for the years 2016–2028. North America dominates the global Agricultural Robot market and is expected to continue the same trend during upcoming years. This is accredited to the presence of key market players combined with rising demand from the end-users.  

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA

Major players in the global Agricultural Robot market are Deere & Company, DJI, CNH Industrial NV, AGCO Corporation, DeLaval, Trimble Inc., BouMatic Robotics, Lely, AgJunction, AgEagle Aerial Systems, YANMAR Co., Deepfield Robotics, ecoRobotix, Harvest Automation. The global Agricultural Robot market report covers an exhaustive analysis of all the key players in the industry. This includes a business overview, extensive portfolio, business strategies, news, financial performance, length of distribution network,  and geographical presence among others. In addition to that, the report also covers company market share along with in-depth strategic developments.   

• The global Agricultural Robot market was valued at USD 3.63 Billion in 2020
• The global Agricultural Robot Market is projected to reach USD 15.93 Billion by 2028
• North America held the highest share of the Agricultural Robot market in 2020
• Some of the major companies operating in the Agricultural Robot market are Deere & Company, DJI, CNH Industrial NV, AGCO Corporation, DeLaval, Trimble Inc., BouMatic Robotics, Lely, AgJunction, AgEagle Aerial Systems, YANMAR Co., Deepfield Robotics, ecoRobotix, Harvest Automation