Global Agriculture Robots & Drones Market Overview:
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.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Collaboration and Tie Up Of Leading Players and Value Oriented Consumers
Market Growth Drivers:
Increase in Demand of Robots and Drones Due to Technological Advancements. and Rise in Demand for Robots and Drones in Production of Agriculture Products Due to Increasing Population.
Challenges:
Lack of Safety and Standardization in Agricultural Farms Industry.
Restraints:
High Capital Investments in Construction of Drones and Robots. and Lack of Awareness in Agricultural Robotics Technology.
Opportunities:
Rise in Demand of Drones and Robots in Developing Countries. and Maximum Use of Unmanned Aerial Vehicles (UAVS)/Drones in Agricultural Farms.
Competitive Landscape:
In May 2017, In an Exhibition its observed that most of the major players offers digitized equipment’s that enabled with GPS-enabled assets in farming. The equipment’s is beneficial in offering latest technology solution as compared to traditional agriculture.
Some of the key players profiled in the report 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). Additionally, following companies can also be profiled that are part of our coverage like EcoRobotix (Switzerland), Abundant Robotics (United States), Naio Technologies (France) and Boumatic Robotics(Netherlands). Analyst at AMA Research see United States Vendors to retain maximum share of Global Agriculture Robots & Drones market by 2028. Considering Market by Distribution Channels, the sub-segment i.e. OEMs will boost the Agriculture Robots & Drones market.
Latest Market Insights:
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).
What Can be Explored with the Agriculture Robots & Drones Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Agriculture Robots & Drones Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Agriculture Robots & Drones
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
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 related to 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, USPTO, EPO, Annual reports, press releases etc.