Agricultural Robot Market

Agricultural Robot Market by Type (Milking Robots, UAVs/Drones, Automated Harvesting Systems, Driverless Tractors, Others), by Farm Produce (Fruits & Vegetables, Field Crops, Dairy & Livestock, Others), by Farming Environment (Indoor, Outdoor), , by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)

Frequently Asked Questions

  • What is the global demand for Agricultural Robot in terms of revenue?

    The global Agricultural Robot valued at 3.63 Billion in 2020 and is expected to reach 15.93 Billion in 2028 growing at a CAGR of 20.31%%

  • Which are the prominent players in the market?

    The prominent players in the 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.

  • At what CAGR is the market projected to grow within the forecast period?

    The market is project to grow at a CAGR of 20.31%% between 2021 and 2028.

  • What are the driving factors fueling the growth of the market.

    The driving factors of the Agricultural Robot include

    • 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.

  • Which region accounted for the largest share in the market?

    North America was the leading regional segment of the Agricultural Robot in 2020.

Request Sample Buy Now