Agriculture Robots Market Research Report with Revenue, Gross Margin, Market Share and Future Prospects
Agriculture robots are utilization in agricultural purposes for application at harvesting stage. Robots can be utilized in agriculture for sensing, actuation, and computation of the requirement of plants, which is difficult for a humans. Robots have wide applications in agriculture, which includes soil analysis, cloud seeding, weed control, planting seeds, environmental monitoring, and harvesting. Rosphere, Merlin Robot Milker, harvest automation, and orange harvester are some of the prototypes of robots in this field.
Rising demand for high yields and better quality of harvest is a factor for driving growth of the market. Agriculture robots plays an important role in plantation, fertilizing, and harvesting of crops. Robots helps in better decisions making by providing detailed data at every stage of agriculture. This technology is used for monitoring the quality of crops and helps to enhance production. These are expected to boost growth of the global agriculture robots market over the forecast period.
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In addition to this, another major application of robots in agriculture is horticulture. Manufacturers are focusing on launching products for application in horticulture. This is another factor for aiding in growth of the market. For instance, Harvest Automation Inc. manufactures RV100, which is designed to organize and handle plants including collection of plants, spraying, and monitoring. Driverless sprayer, driverless tractors, and fruit picking robots can be utilized to automate manual work such as washing.
However, high initial investment cost and lack of technical awareness in agricultural robotics technology are two major factors expected to restraint growth of the global agriculture robots market over the forecast period.
Agriculture Robots Market: Regional Insights
The global agriculture robots market is segmented on the basis of regions into North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. The market for agriculture robots in North America accounted for the largest share of global agriculture robots market in 2016. This growth is attributed to the presence of global players in the region is another factor for growth of the market. Deere & Company, Trimble, Inc., Ag Junction, Inc., and AGCO Corporation, are the key global players present in the U.S., which is expected to have a positive impact on regional agriculture robots market.
According to International Federation of Robotics Organization (IFR), Mexico is an important emerging market for industrial robots. From 2014, robot sales doubled, to about 5,500 units in 2015, by far the highest sales volume registered in the country. In Canada, robot sales surged by 49% to about 3,500 units in 2015 with compared to 2014. In 2015, robot sales in Brazil recovered by 11% to 1,400 units compared to 2014.
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Agriculture Robots Market: Competitive Background
Major players operating in the global agriculture robots market include Deere & Company, Trimble Inc., Agco Corporation, Agjunction, Inc., DJI, Boumatic Robotics, B.V., Lely Holding S.À.R.L, AG Leader Technology, Topcon Positioning Systems, Inc., AG Eagle LLC, Agribotix LLC, and Autocopter Corp.
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