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2019-06-18
280
Global
Market Overview
With rising population which is expected reach 8.5 billion by 2030, food demand is increasing with a rapid pace all over the world. To increase agricultural productivity, the increasing impact of the weed and various plant diseases over the large farms is required to be addressed by the application of robotics in plant pathology and management. Advancing technologies and changing online landscape i.e. IoT (Internet of Things), cloud-based solutions, AI (artificial intelligence), machine learning, GPS (global positioning system) and laser technologies, are largely driving the growth of crop maintenance robots market.
For crop maintenance, remote-controlled robots and pre-programmed robots had the largest application of all other types of robots but the advancement in internet-connected robots, it is expected to take lead the market over the forecast period. AI and machine learning based robots are yet in the nascent stage of development and have a high cost, thus farmers have resistance in their adoption. In past, various technologies have been developed to detect the plant disease and symptoms but yet they face certain challenges related to biotic and abiotic stress. Machine learning and AI are thus being developed in the robots to rectify these challenges and hold a place in farmer’s preference for robots. Agricultural regions such as Asia-Pacific and Latin America are identified as the opportunistic market for the growth of crop maintenance robots. Goldstein Research analyst forecast that the global crop maintenance robots market is set to reach nearly USD 2.0 billion by 2025, growing at a CAGR of 15.1% over the forecast period (2017-2025).
By Robots Type
Unmanned ground robots accounted for the largest market share of 67.1% in 2017 on the back of its vast application and only option among the farmers. Further, unmanned aerial robots have increasing application in the agriculture sector due to the trend of precision farming and being cost effective as compared to UGR. Thus over the forecast period, UAR is expected to grow at the fastest growth rate of 12.1%.
By Technology Type
By Fuel Type
By Geography
Based on geography, North-America region accounted for the largest market share of 32.1% in 2017 due to the large adoption of agricultural robots and also the presence of major players who are continuously advancing the crop maintenance robots. Asia-Pacific region is expected to be the opportunistic market for the application of crop maintenance robots on account of huge agricultural farms in the region and the rising government initiatives for improving the agriculture productivity. Asia-Pacific is thus expected to grow at a CAGR of 10.3% over the forecast period.
The report covers the present ground scenario and the future growth prospects of the crop maintenance robots industry for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.
Global Crop Maintenance Robots Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from farm market experts. The report covers the competitive landscape and current position of major players in the Global crop maintenance robots market space. The report also includes Porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Crop Maintenance Robots Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
Our global crop maintenance robots industry analysis report comprises of the following companies as the key players: Deere & Company, Trimble, Inc, AgJunction, Inc., AGCO Corporation, Harvest Automation, Inc., Clearpath Robotics, PrecisionHawk, Inc., iRobots, etc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Key questions answered in this Global Crop Maintenance Robots Market Report
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