The “Agricultural Robots Market” report is expected to grow from $4.6 billion in 2020 to $20.3 billion in 2025. It is expected to grow at a CAGR of 34% over the forecast period. Due to COVID-19, the agricultural robot market is expected to decline by about 8% in 2019-2020. A decline in the skilled workforce (as indicated by an increase in the average age of farmers) and an increase in the economics of IoT and GPS technologies are driving the market growth. The decline of young farmers entering the agricultural sector and the rise of farmers’ minimum wages are also driving the growth of the agricultural robot market. With the advent of low-cost IoT devices, enterprises can provide a variety of agricultural software and analytics services to their customers. The use of multi-mode systems for coordination between various hardware such as unmanned aerial vehicles (UAVs), autonomous tractors and other automated farm equipment through centralized management software serves as a growth opportunity for the agricultural robot market.
A full report of Agricultural Robots Market is available at: https://www.orionmarketreports.com/agricultural-robots-market/24129/
Global Agricultural Robots Market: Market Segmentation
Global Agricultural Robots Market can be divided into three segments, based on Robot Type, Application, and region.
Segmentation on basis of Type in Agricultural Robots market:
• The segments in Agricultural Robots market
• Driverless Tractors
• Drones/ Unmanned Aerial Vehicles (UAVs)
• Milking Robots
• Automated Harvesting Systems
• Spraying Robots
• Other Robots
Segmentation on basis of Application
• Soil Management Robots
• Harvesting Management Robots
• Field Mapping Robots
• Dairy Farm Management Robots
• Irrigation Management Robots
• Spraying Robots
• Pruning Management Robots
• Weather Tracking and Forecasting
• Agricultural Inventory Management
• Others
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Agricultural Robots Market Report
• What was the Agricultural Robots Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Agricultural Robots Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Agricultural Robots Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
