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Below are some of the key findings from our analysis of the agricultural robots market
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Market research analysts at Technavio predict that the global agricultural robots market will grow steadily at a CAGR of close to 18% by 2021. This market research identifies the shortage of skilled labor in the dairy industry as one of the primary growth factors for this market. With relatively lower labor requirements in automated processes, dairy farms are preferring robotic milking that helps in increasing productivity and output and also aids in achieving greater profits. Additionally, the increase in awareness about the overall hygiene among the consumers that demands the need to meet hygienic guidelines, also induces dairy farms to adopt robotic milking systems.
One of the latest trends in the agricultural robots market in the coming years is the innovations in gripper technology. Owing to their ability to detect fruits and their ripeness and the skill to grasp and detach them with more finesse and less harm by focusing on aspects such as nanotechnology, materials science, and mechatronics, gripper technology will gain significance in the agriculture industry.
The agricultural robots market appears to be competitive due to the presence of several vendors. The competition between these vendors is intense in terms of product features, price, customized solutions, and services offered. Vendors in this market are expected to focus on improving their distribution channels by offerings their products through multiple channels.
The leading vendors in the market are -
The other prominent vendors in the market include 3D Robotics, AeroVironment, AGCO, AgEagle, Agribotix, AGROBOT, Blue River Technology, Bosch, BouMatic Robotics, Deere & Company, GEA Farm Technologies, Kairos Autonomi, Naïo Technologies, PONSSE, S.A. Christensen, Schauer Agrotronic, Sentera, Trimble, Universal Robots, XAIRCRAFT, and YAMAHA Motor.
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During 2016, the agricultural drones/UAVs segment accounted for the major shares and dominated this market. The ability of drones to help in generating aerial maps of agricultural environments will contribute to the growth of this industry segment in the coming years. Additionally, the increasing awareness of drones in agricultural applications and the focus on improving the quality of images and precision in real-time data collection, will also fuel the growth of this market segment.
This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the market by 2021. The growth of the dairy farm industry and the higher adoption of professional service robots in countries such as the UK, France, Denmark, Germany, and Italy will impact the sales of milking robots sold in the region, which will in turn, drive the growth of the agricultural robots market in EMEA.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Geographical segmentation
PART 08: Drivers and challenges
PART 09: Market trends
PART 10: Vendor landscape
PART 11: Key vendor analysis
PART 12: Key takeaways
PART 13: Appendix
Tags: robotic arm, process automation, agricultural robots, robotics applications, robotics top companies, robotics industry overview,
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