Market Highlights: The agriculture robots and drones offer easy options to the farmers for farming process. The agricultural robots and drones are gaining traction among the farmers, owing to the essential for producing food products efficiently and ensuring sustainability. These robots are enabled with speed of the farming processes with minimal human interventions. Various agricultural robots are programmed to perform different farming processes such as field farming, dairy farming, seed sorting, soil management, and others. Rise in population, Increase in demand on food supply, high popularity of indoor farming, frequent climate variations, and surge in adoption of automation technology are expected to boost the global agricultural robots and drones market growth in the future. The market study is being classified by Type (UAV/Drones[ Multi-Rotor,Fixed-Wings] and Robots [Driverless Tractors, Automated Harvesting Systems, Milking Robot]), by Application (Dairy Farms, Organic Farming, Fresh Fruit Harvesting, Crop Protection, Seeding, Nurseries, Data Mapping and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Agriculture Robots & Drones are Deere & Company (United States), Trimble, Inc. (United States), Leica Geosystems (Switzerland), Deere & Company (United States), AJ Junction, Inc. (United States), AGCO Corporation (United States), Parrot SA (France), GEA Farm Technologies (Germany), Lely S.a.r.l. (Canada), Afimilk Ltd. (Israel), PrecisionHawk (United States), AeroVironment Inc. (United States) and DeepField Robotics (Germany).
The Distribution Channels, such as OEMs, is boosting the Agriculture Robots & Drones market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights In August 2022, Trimble Ventures, Trimble's corporate venture capital fund, announced an investment in Sabanto, Inc. Sabanto is a US-based agricultural technology company focused on autonomous workflows across the agricultural cycle delivered as Farming as a Service (FaaS).
Key Questions Answered in the Report What will the Agriculture Robots & Drones Market size and the growth rate be in Future? What are the key factors driving the Agriculture Robots & Drones Market? What are the key market trends and macro-economic impacting the growth of the Agriculture Robots & Drones Market? What are the challenges to market growth? Who are the key vendors in the Agriculture Robots & Drones Market? What are the market opportunities and threats faced by the vendors in the Agriculture Robots & Drones Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Agriculture Robots & Drones Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Agriculture Robots & Drones market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Agriculture Robots & Drones market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Agriculture Robots and Drones Manufacturers, Agriculture Robots and Drones Traders, End-Use Market Participants of Different Segments of Agriculture Robots and Drones, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.