[225+ Pages PDF Report] Global agricultural robots and drones market was approximately USD 4.04 Billion in 2019 and is anticipated to reach over USD 13.58 Billion by 2026, at a CAGR of 18.9% during the forecast period.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Agricultural robots and drones industry. The report analyzes and declares the historical and current trends analysis of the agricultural robots and drones industry and subsequently recommends the projected trends anticipated to be observed in the agricultural robots and drones market during the upcoming years.
The agricultural robots and drones market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire agricultural robots and drones market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the agricultural robots and drones industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the agricultural robots and drones industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the agricultural robots and drones market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the agricultural robots and drones industry. The agricultural robots and drones market report additionally employ SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the agricultural robots and drones sector. Key strategic developments in the Agricultural robots and drones market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the agricultural robots and drones market are appropriately highlighted in the report.
The rising demand for automation n the agriculture sector has been the primary factor responsible for the growth of the global agricultural robots and drones market. The demand for improved productivity from the existing farmland has catalyzed the increased demand for automation.
Additionally, the rising vegan population, decreasing labor force, and arable land have further boosted the growth of the agricultural robots and drones market.
The agricultural robots and drones market research report deliver an acute valuation and taxonomy of the agricultural robots and drones industry by practically splitting the market based on equipment type, application, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the agricultural robots and drones industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the agricultural robots and drones industry is provided for the leading economies of the world.
The agricultural robots and drones market is segmented based on equipment type, application, and region. On the basis of equipment type segmentation, the market is classified into UAVs, milking robots, driverless tractors, and automated harvesting systems. On the basis of application, the market is segmented into harvest management, field farming, dairy & livestock management, soil management, irrigation management, pruning management, weather tracking & monitoring, inventory management, and others.
Some of the essential players operating in the agricultural robots and drones market, but not restricted to include Trimble, Deere & Company, AgJunction, YANMAR CO., AGCO Corporation, Boumatic, DJI, Deepfield Robotics, Topon, Lely, AgEagle Aerial Systems, ecoRoborix, DeLaval, Naïo Technologies, Harvest Automation, CNH INDUSTRIAL N.V., HARVEST CROO, KUBOTA Corporation, ROBOTICS PLUS, Abundant Robotics, Autonomous Iron Ox, Tractor Corporation, AG Leader Technology and Clearpath Robotics.
Key Insights from Primary Research
Key Recommendations from Analysts
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