Agricultural Robots And Mechatronics Market by Evolving Technology and Industry Analysis 2023

Agricultural Robots And Mechatronics Market

The market is segmented into autonomous tractors, UAVs, agrochemical applicators, robotic milking devices and others depending on the type of usage. Usage area segmentation is done by animal farming, crop production, forest control etc. Market studies show that crop production is the largest segment in terms of revenue. It is also growing at a faster rate in comparison to others. Robotic milking devices are widespread in developed countries and can be termed as a successful adoption of mechatronic robots in farming.

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Agricultural Robots And Mechatronics Market Major Key players:  Company Profiles, 3D Robotics, AGCO, Agribotix, Agrobot, Amazonen-Werke, Autonomous Solutions (ASI), Autonomous Tractor Corporation, Autoprobe Technologies, Blue River Technology, Boumatic Robotics, Claas, Clearpath Robotics, CNH Industrial, Conic System, Delaval, Emerging Players, GEA Group, Harvest Automation, John Deere, etc.

Global Market Segmentation By Type: Autonomous Tractors, Unmanned Aerial Vehicles (UAV), Agrochemical Application, Robotic Milking, Other.

Global Market Segmentation By Application: Animal Farming, Crop Production, Forest Control, Others.

Market Dynamics:

The major driving factor behind the market is the necessity to increase yields and reduce costs at the same time. They vastly reduce human intervention, are much more efficient, help avoidance of harmful effects of chemicals used in agriculture on humans, especially in indoor farming, and are able to work in all weather conditions. The major hurdle in the market is the affordability.

Robots and mechatronics are a huge investment for farmers. Various farms require various farming methods and the same robot cannot be used for all types of farms. Even though robots and mechatronics are fast evolving, there is still a large amount of development needed in agricultural applications.

North America is the largest market with many established companies, followed by Europe and Asia-Pacific. The growing population and decreasing farmlands make Asia-Pacific, a region with immense opportunity. However, technology adoption is low due to abundant cheap labor in these countries.

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Regions Covered in this report are as Follows:

United States, North America (Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa), RoW (Rest of World).

Key Developments:

  • September 2017: Autonomous Solutions (ASI) – In early 2017 AccuGuide for Case IH was unveiled for the first time. The AccuGuide which is developed by ASI and CNH Industrials Innovation Group, is an automated steering system that utilizes advanced technology to plan end of row turns in the headlands of a field.

Reasons to Purchase this Report:

  • The report analyses how the stringent emission control norms will drive the global Agricultural Robots And Mechatronics market.
  • Analyzing various perspectives of the market with the help of Porters five forces analysis.
  • Study on the product type that is expected to dominate the Agricultural Robots And Mechatronics Market.
  • Study on the regions that are expected to witness fastest growth during the forecast period.
  • Identify the latest developments, market shares and strategies employed by the major players of Agricultural Robots And Mechatronics Market.
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SOURCE The Financial Consulting