Agriculture Robots Market Industry Size, Growth, Statistics, Regional, Demand, Development Status, Opportunities Forecast 2021 to 2030

In a recent published report, Kenneth Research has updated the market report for Agriculture Robots Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Agriculture Robots Market products.

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According to the statistics by the Organization for Economic Co-operation and Development (OECD), production of maize increased from 8.28 tonnes/hectare in the year 2010 to 9.48 tonnes/hectare in the year 2019.

Factors such as the increasing crop production worldwide and the concern for the decreasing arable land for the cultivation of crops, which is raising the need amongst farmers to develop modern agricultural methods that provide increased yield with low input resources, are anticipated to drive the growth of the market. According to the statistics by the Organization for Economic Co-operation and Development (OECD), production of maize increased from 8.28 tonnes/hectare in the year 2010 to 9.48 tonnes/hectare in the year 2019.

Global Agriculture Robots Market was valued at USD 4.7 Billion in the year 2017. Global Agriculture Robots Market is further estimated to grow at a CAGR of 19.9% from 2018 to reach USD 20.42 Billion by the year 2025. The North American region holds the highest Market share in 2017 and the Asia Pacific is considered as the fastest growing Market in the forecasted period due to growing adoption of Agriculture Robots. At a country level U.S China, Japan, and India holds the notable Market share and is projected to grow strongly in the coming years due to strongly growing and advancing agriculture sector.

Major market players Agriculture Robots Market are Deere & Company, AG Leader Technology, Agribotix LLC, DeLaval, GEA Group, Trimble Inc., Autonomous Solutions Inc., Harvest Automation Inc., DJI, Yamaha Motor Company, Lely Holding S.À.R.L, BouMatic Robotics BV and overview of 10 companies is provided in the report. Better global reach at an operational level is the main reason the key players are holding substantial Market share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.

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SWOT Analysis of Agriculture Robots Market:

*Reduced Time and Manpower
*High adoption of Precision Farming
*Growing Population and increasing food consumption

*Strict government regulations and policies
*High cost due to complex machinery

*High opportunities in the developing region
*Growing Indoor and Urban Farming

*Lower acceptance of new agricultural model rate by farmers
*Low internet and mobile connectivity in a remote area

The segmentation is done on the basis of type, by application and by region. On the basis of types, the global Agriculture Robots Market is sub-segmented as driverless tractor, milking robots, unmanned aerial vehicle (UAV), automated harvesting machine and others of which driverless tractor segment is expected to hold the highest Market share during the forecast period and have high adoption rate due to its advanced technology which increases the productivity of land as well a crop

By Type
*Driverless Tractor
*Milking Robots
*Unmanned Aerial Vehicle (UAV)
*Automated Harvesting Machine

By Application
*Dairy Management
*Field Farming
*Harvest Management
*Soil Management

By Region
North America
*Rest of Europe
*Rest of Asia-Pacific
*Latin America
*Middle East & Africa

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