Industry Report, Share, Trends, Growth, Analysis & Forecast to 2026 – EcoChunk
According to the latest IMARC Group report, entitled “Agricultural Robots Market Size: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026“, The global agricultural robot market reached a value of US $ 5.4 billion in 2020. Agricultural robots, or agribots, are self-contained machines used to improve the quality and efficiency of yield, reduce dependence on fuel. manual labor, improve the overall productivity of crops, etc. These robots are mainly equipped with effectors or specialized arms to perform various horticultural activities including sowing and planting, field mapping, weeding, cross-cultural operations, harvesting, aerial data collection, fertilization and l ‘irrigation, soil analysis, environmental monitoring, etc. Apart from this, agricultural robots are also used for washing and milking livestock in the dairy industry.
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The growing demand for organic and plant-based food products across the world is encouraging farmers to adopt modern machinery and robotics by replacing conventional agricultural processes. It is one of the major factors driving the agricultural robot market. At the same time, the increasing trend towards mechanization in the agricultural sector, due to the increasing shift of farmers towards modern tools and equipment to improve their total productivity and generate more income, is also increasing the world market. In addition, the high cost of manual labor and the shortage of skilled agricultural workers are stimulating demand for products. In addition to this, several technological advancements, including the introduction of GPS-enabled robots and the integration of AI-based devices, are acting as important growth factors. In the years to come, the growing investments of many manufacturers in research and development (R&D) activities to introduce an innovative range of crop plants are expected to catalyze the agricultural robot market. Looking ahead, IMARC Group expects the global agricultural robot market to reach a value of $ 21.10 billion by 2026, with a CAGR of 25.50% in 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are constantly monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.
Competitive landscape with key players:
- Deere & Company
- Trimble Inc.
- Agco Company
- Lely Holding S.À.RL
- AG Aigle SARL
- Agribotix SARL
- Harvest automation
- Naio Technologies
- Precision Falcon
- Agjunction, Inc.
- Robotics Boumatic
- Technology leader AG
- Topcon Positioning Systems, Inc.
- Autocopter Corp
- Auroras SRL
- Grownetics Inc.
- Company of autonomous tractors.
Breakdown by product type:
- Unmanned Aerial Vehicles (UAV) / Drones
- Milking robots
- Automated harvesting systems
- Driverless tractors
Breakdown by application:
- Field agriculture
- Dairy farm management
- Animal management
- Soil management
- Crop management
Breakage by offer:
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
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Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Market trends
- Market drivers and success factors
- The impact of COVID-19 on the global market
- Value chain analysis
- Global market structure
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as part of the customization.
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The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.
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