Agricultural Robots Market Size, Trends & Growth Opportunity By Type (Walls, Roofing, Building Structure, Tunnel & Landfills), By Application (Dairy Management, Irrigation Management, Harvest Management), By Region and Forecast till 2030

Global Agricultural Robots Market 

Global Agricultural Robots Market was valued at USD 6.8 billion in 2018, which is expected to reach USD 21.6 billion at a CAGR 22.5%.

Agricultural robots are also referred as Agbots, which consists manipulator, end effectors, and griper. Basically agricultural robots or Agbots are designed to replace human labor. Increase in government initiatives with automation as well as rise in food demands will drive the agricultural robots industry over the forecast period.

Market Drivers

Rise in usage of precision farming/ agriculture, among farmers for processing and collecting data helps in better decision making on fertilizing, planting, as well as harvesting crops is expected to boost the global agricultural robots market growth. Furthermore, increase in technological advancements to enhance crop yields and profits and to resolve the water and food crisis will have the positive impact on global agriculture robots market growth during this forecast period. Moreover, rise in government initiatives for the adoption of modern agricultural techniques are expected to propel the agricultural robots industry, over the forecast period.

Market Restraints

However, high cost of automation and maintenance cost for small enterprises are the major challenging factors for market which are expected to hinder the global agricultural robots market growth. Also, technological barriers pertaining to fully autonomous robots will affect the global agricultural robots market growth. Further, lack of skilled labors as well as irregular mobile and internet connectivity is expected to hinder the global agricultural robots market growth.

Market Segmentation

Global Agricultural Robots Market is segmented into type such as Milking Robots, Unnamed Aerial Vehicles (UAVs), Driverless Tractors, Automated Harvest Robots, Material Management and Others. Further, Global Agricultural Robots Market is segmented into application such as Dairy Management, Irrigation Management, Harvest Management, Soil Management, Inventory Management, and Others.

Also, Global Agricultural Robots Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa

Market Key Players

Various key players are discussed in this report such as Ageagle Aerial Systems,Topcon Positioning System, Agjunction, Lely, Boumatic Robotics, DJI, Delaval, Agco Corporation, Trimble, and Deere & Company.

Market Taxonomy

• By Type Milking Robots Unnamed Aerial Vehicles (UAVs) Driverless Tractors Automated Harvest Robots Material Management Others

• By Application Dairy Management Irrigation Management Harvest Management Soil Management Inventory Management Others

• By Region North America Latin America Europe Asia Pacific Middles East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Direct to Agricultural Robots Market?
• What will be the growth rate from 2019 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?