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Agricultural Robots Market Growth, Insights, Trends Analysis and Forecast 2023-2028

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IMARC Group, a leading market research company, has recently releases report titled “Agricultural Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global agricultural robots market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Agricultural Robots Market?

The global agricultural robots market size reached US$ 7.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 21.1 Billion by 2028, exhibiting a growth rate (CAGR) of 18.42% during 2023-2028.

What are Agricultural Robots?

Agricultural robots, also known as agrobots, are advanced technological devices designed to revolutionize agricultural industry. These robots are specifically developed to address the challenges and demands of modern farming, aiming to enhance efficiency, productivity, and sustainability in agricultural practices. Agricultural robots encompass a wide range of machines and devices, each serving a specific purpose in the agricultural industry. For instance, harvesting robots are designed to automate the labor-intensive task of crop harvesting, utilizing advanced sensors and vision systems to identify ripe produce and perform precise harvesting operations. Weeding robots, on the other hand, autonomously detect and remove weeds from crops, reducing the reliance on manual labor and minimizing herbicide usage. Planting and seeding robots automate the process of sowing crops, ensuring precise and uniform seed placement, optimizing planting density, and reducing the physical strain on farmers.

Crop monitoring robots play a crucial role in assessing crop health, growth, and environmental conditions. Equipped with various sensors, these robots collect real-time data that can be analyzed to provide farmers with valuable insights. This data-driven approach enables timely decision-making regarding irrigation, fertilization, pest control, and overall crop management. Autonomous tractors, equipped with GPS, sensors, and advanced control systems, are capable of autonomously navigating and performing tasks such as plowing, tilling, or spraying in the field. They offer increased efficiency, reduced labor requirements, and improved precision in farming operations. They enable precise and optimized resource utilization, reducing the wastage of water, fertilizers, and chemicals. Agricultural robots also help reduce labor costs and dependency, addressing labor shortages and allowing farmers to focus on higher-level tasks.

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What are the Growth Prospects and Trends in the Agricultural Robots Market?

The increasing demand for food production represents one of the key factors driving the growth of the market across the globe. This is primarily attributed to the rising population and the growing need for increased productivity and efficiency in farming operations, which is driving the market growth. In line with this, the increasing shortage of labor in the agricultural sector is contributing to the growth of the market. Apart from this, agricultural robots offer a solution by automating various tasks, reducing the reliance on manual labor, thereby addressing the concern labor scarcity, which, in turn, is driving the growth of the market. The market is also driven by advances in robotics, artificial intelligence (AI), and sensing technologies that have significantly improved the capabilities of agricultural robots. These advancements have made robots more efficient, precise, and adaptable to different farming environments and tasks. The development of advanced sensors, vision systems, and machine learning (ML) algorithms is expanding the possibilities for automation in agriculture, which is facilitating the growth of the market. Other factors, such as the increasing need for precision farming, the rising focus on sustainable agriculture practices that minimize environmental impact, favorable government initiatives, and the overall cost savings associated with the utilization of agricultural robots, are creating a positive outlook for the market across the globe.

Who are the Key Players Operating in the Agricultural Robots Industry?

The report has also analysed the competitive landscape of the market with some of the key players.

  • Deere & Company
  • Trimble Inc.
  • Agco Corporation
  • Lely Holding S.À.R.L
  • AG Eagle LLC
  • Agribotix LLC
  • Agrobot
  • Harvest Automation
  • Naio Technologies
  • Precision Hawk
  • IBM
  • Agjunction, Inc.
  • DJI
  • Boumatic Robotics
  • B.V.
  • AG Leader Technology
  • Topcon Positioning Systems, Inc.
  • Autocopter Corp
  • Auroras S.R.L.
  • Grownetics Inc.
  • Autonomous Tractor Corporation.

What is Included in Market Segmentation?

The report has categorized the market based on product type, application and offering.

Breakup by Product Type:

  • Unmanned Aerial Vehicles (UAVs)/Drones
  • Milking Robots
  • Automated Harvesting Systems
  • Driverless Tractors
  • Others

Based on Application:

  • Field Farming
  • Dairy Farm Management
  • Animal Management
  • Soil Management
  • Crop Management
  • Others

Breakup by Offering:

  • Hardware
  • Software
  • Services

Regional Insights:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Key Highlights of The Report:                                                    

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive 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 a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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