Global Agricultural Robots And Mechatronics Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2025 Agricultural Robots And Mechatronics Market report contains a forecast of the next 5 years, starting 2019 and ending 2025 with a host of metrics like supply-demand ratio, Agricultural Robots And Mechatronics market frequency, dominant players of Agricultural Robots And Mechatronics market, driving factors, restraints, and challenges. The report also contains market revenue, sales, Agricultural Robots And Mechatronics production and manufacturing cost that could help you get a better view on the market. The Report Focuses on the key Global Agricultural Robots And Mechatronics manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
The agricultural robots and mechatronics market was valued at USD 3.4 billion in 2018 and is expected to register a CAGR of 24.2%, during the forecast period (2019-2024).
Top Companies in the Global Agricultural Robots And Mechatronics Market: Agrobotix LLC, Agrobot, Autonomous Solutions (ASI), Autonomous Tractor Corporation, AutoProbe Technologies, Blue River Technology, BouMatic Robotics, Clearpath Robotics Inc., Conic System, DeLaval Inc., EcoRobotix Ltd, GEA Group Aktiengesellschaft, Harvest Automation Inc., Deere & Company, Lely others.
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Increasing Adoption of Automation Technologies in Indoor Farming
With the adoption of advanced technologies, large farms equipped with indoor farming are opting for the usage of robots, in order to automate the processes mentioned above. After the adoption of advanced farming technologies in large farms, the labor force reduced by 22% globally, in the year 2017, compared to the previous year. Some of the major projects, like GARotics (Green Asparagus Robotics Harvesting System), GRAPE (Ground Robot for VineyArd Monitoring and ProtEction), and MARS (Mobile Agricultural Robotic Swarms) were funded by the European Commission to replace manual labor with automation technologies. Several such innovations are aiding the agricultural robots market to gain potential attraction in the near future.
North America dominates the market
According to Mordor Intelligence analysis, the share of the North American agricultural robots and mechatronics market was 62% in 2018. The United States is one of the largest markets for autonomous tractors in the agricultural robots and mechatronics market in North America. Autonomous Tractor Corporation and Agrobotics LLC are some of the major players in the market studied, based in this region. The major factors driving the market studied in North America are large scale farming operations, decline in labor, and the need to enhance productivity of agriculture.
Regional Analysis For Agricultural Robots And Mechatronics Market:
For comprehensive understanding of market dynamics, the Global Agricultural Robots And Mechatronics market is analyzed across key geographies namely: North America (Global Canada, Mexico), Global (Germany, UK, France, Rest of Global), Asia Pacific (China, Japan, Global Rest of Asia Pacific), Latin America (Brazil, Argentina, Rest of Latin America) And Rest of the World.
The report has 150 tables and figures browse the report description and TOC:
TABLE OF CONTENT:
- Industry Overview of IP67 Connectors
- Global Agricultural Robots And Mechatronics Competition Analysis by Players
- Company (Top Players) Profiles
- Global Agricultural Robots And Mechatronics Market Size by Type and Application (2013-2019)
- Market Forecast by Regions, Type and Application (2019-2025)
- Agricultural Robots And Mechatronics Market Dynamics
- Market Effect Factors Analysis
- Research Finding/Conclusion
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Agricultural Robots And Mechatronics Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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