Industry Insights
[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.
Top Market Players
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.
The taxonomy of the agricultural robots and drones market by its scope and segmentation is as follows:
Global Agricultural Robots And Drones Market: By Equipment Type Segmentation Analysis
- UAVs
- Milking Robots
- Driverless Tractors
- Automated Harvesting Systems
Global Agricultural Robots And Drones Market: By Application Segmentation Analysis
- Harvest Management
- Field Farming
- Dairy & Livestock Management
- Soil Management
- Irrigation Management
- Pruning Management
- Weather Tracking & Monitoring
- Inventory Management
- Others
Global Agricultural robots and drones Market: Regional Segmentation Analysis
- North America
- The U.S. `
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
KEY REPORT POINTERS & HIGHLIGHTS:
- Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
- Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
- Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable Segments and Sub-segments of the Market
- Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
- Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
- Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
- Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
- Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
- Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
- Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
- Technological Roadmap, Patents Analysis, Potential Substitutes, and Technical Analysis
- The professionally substantiated market research report study is calculated, constructed, and assembled by implementing a Robust Research Methodology. The Triangular Process comprises a buoyant mix of Exhaustive Primary Research (focused interviews, questionnaires, and ad-hoc surveys) and Extended Secondary Research (paid external databases, proprietary in-house database, and publically-available validated sources), where it is finally triangulated and validated through in-house industry experts, industry leaders, and independent consultants through a tri-level quality check practice.
Table of Content
Key Insights from Primary Research
- Wide-ranging interviews with chief executives of the major companies operating in the global agriculture robots and drones market, the primary research analysis concludes that the global agricultural robots and drones market to witness exponential growth of nearly 18.9% over the forecast period.
- In the year 2019, the market was valued at approximately USD 4.04 Billion, 2019 and is expected to be valued over USD 13.58 Billion by 2026.
- On the basis of the equipment segment, the UAV’s segment is expected to exhibit the highest growth rate in the global agriculture robots and drones market during the forecast period.
- On the basis of application, field farming is predicted to hold the largest market share in the foreseeable future. Field farming is also expected to exhibit the highest growth rate among the applications.
- The North America region is expected to be the largest revenue-generating region for agricultural robots and drones over the forecast period. The European market is also expected to contribute heavily to the global agricultural robots and drones market.
Key Recommendations from Analysts
- Our analysts recommend increased focus towards the North American market as it has great and faster potential for market growth. The presence of a wealthy and technology adaptive economies like the United States provides the immense potential for growth in the region.
- Strategic developments such as regional expansion and product innovations by the major companies are likely to boom the global agricultural robots and drones sale over the upcoming years.
- Our analysts recommend that the North American region is predicted to witness a significant growth attributed to the growing demand for agricultural robots and drones in the transitioning agriculture sector in the region.
- Rising economic conditions, a high vegan population, and a large agriculture sector in the Asia Pacific region are anticipated to fuel the Asia Pacific agricultural robots and drones market growth over the foreseeable future.
- North America and the European region are expected to remain a significant source of revenue during the studied period. Regional dominance in these regions is expected to provide additional capital capabilities for expansion beyond the borders.
Industry Major Market Players
- 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 Clearpath Robotics.
Safe and Secure SSL Encrypted
Choose License Type
COVID-19 Pandemic Impacts
Our Analysts and Consultants are working ceaselessly to congregate, identify, analyze, and portray the Actual Impacts of COVID-19 Global Pandemic in each of our published as well as ongoing research reports to Redefine and Revise Current and Future Market Trends, Growth Rates, And Market Size Projections across the Globe as well as in different Regions and individual Countries.
BUY NOW or REQUEST SAMPLE to avail Detailed Analysis of the COVID-19 Impact on the Market
HAVE A QUESTION? Executive will help you find what you are looking for.
REQUEST CUSTOMIZATION
Still haven't found what you're looking for? Speak to our Custom Research Team
Learn More