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Agricultural Robots and Mechatronics Market 2019 Growing Rapidly with Industry Size, Share, Types, Applications of Manufacturers Forecast to 2024

Agricultural

TheAgricultural Robots and Mechatronics Marketresearch report 2019-2024 focuses on provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data. Agricultural Robots and Mechatronics Market report also provides the current industry outlook with respect to key players, types, applications, countries and regions. The major drivers, restraints, opportunities and threats for key players is also included. It also provides granular analysis of market share, segmentation, revenue forecasts and regional analysis till 2024.

Market Overview:

  • 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). In 2018, North America was the largest geographical segment of the market studied and accounted for a share of around 42%.
  • Big industrial indoor farms are using aquaponics, which includes high-tech plumbing and filtration systems that can recycle virtually all the fresh water and avoid the use of pesticides. The combination of indoor farming and robots is likely to enhance the production capacities of crops. This is likely to drive the agricultural robots and mechatronics market to an extent. Across the world, a huge decline of the workforce is observed due to many reasons, like the lack of skilled labor, aging of farmers, and young farmers finding farming an unattractive profession, thus encouraging trend for automated farming operations

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    Scope of the Report:

  • Agricultural robots and mechatronics support farmers by performing agricultural operations, such as crop and animal sensing, weeding and drilling, integration of autonomous systems technologies into existing farm operational equipment such as tractors, robotic systems to harvest crops, and conduct complex dexterous operations and allied industry operations.

    List of Key Manufacturers Covered in 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
  • Naio Technologies
  • PrecisionHawk
  • SAC Milking
  • SenseFly
  • Vision Robotics Corporation
  • Vitirover
  • Wall
  • Ye
  • Yamaha Motor Co. Ltd

    Agricultural Robots and Mechatronics Market Report Covers the Following: –

    • The report covers forecast and analysis for the market on a global and regional level.
    • The report includes the drivers and the restraints that affect the growth of the market.
    • The report discusses detailed information about the market opportunities.
    • The market is segmented on the basis of product and end-user industry
    • The key target audience for the market has been determined in the report.
    • The revenue generated by the prominent industry players has been analyzed in the report.

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    Agricultural Robots and Mechatronics Market Report Highlights:

    • Comprehensive pricing analysis on the basis of product, application, and regional segments
    • The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the Agricultural Robots and Mechatronics market
    • Deep insights about regulatory and investment scenarios of the Agricultural Robots and Mechatronics market
    • Analysis of market effect factors and their impact on the forecast and outlook of the Agricultural Robots and Mechatronics market
    • A roadmap of growth opportunities available in the Agricultural Robots and Mechatronics market with the identification of key factors
    • The exhaustive analysis of various trends of the Agricultural Robots and Mechatronics market to help identify market developments

    Key Market Trends:

    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.

    Big industrial indoor farms are using aquaponics, which includes high-tech plumbing and filtration systems that can recycle virtually all the fresh water and avoid the use of pesticides. The combination of indoor farming and robots is likely to enhance the production capacities of crops. This is likely to drive the agricultural robots and mechatronics market to an extent.

    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.

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    Detailed TOC of Agricultural Robots and Mechatronics Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Adoption of Automation Technologies in Indoor Farming
    4.3.2 Shortage and Increasing Costs of Labor
    4.3.3 Growing Demand for Food and Agricultural Supply
    4.4 Market Restraints
    4.4.1 Lack of Technical Expertise and Slow Adoption to Newer Technologies
    4.4.2 Specificity of Applications
    4.5 Industry Attractiveness – Porter’s Five Force Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Type
    5.1.1 Autonomous Tractors
    5.1.2 Unmanned Aerial Vehicles (UAVs)
    5.1.3 Robotic Milking
    5.1.4 Other Types
    5.2 Application
    5.2.1 Animal Farming
    5.2.2 Crop Production
    5.2.3 Forest Control
    5.2.4 Other Applications
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.1.4 Rest of North America
    5.3.2 Europe
    5.3.2.1 Spain
    5.3.2.2 United Kingdom
    5.3.2.3 France
    5.3.2.4 Germany
    5.3.2.5 Russia
    5.3.2.6 Italy
    5.3.2.7 Rest of Europe
    5.3.3 Asia – Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 Rest of Asia – Pacific
    5.3.4 Rest of the World
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 South Africa
    5.3.4.4 Other Regions

    6 COMPETITIVE LANDSCAPE
    6.1 Most Adopted Strategies
    6.2 Market Share Analysis
    6.3 Company Profiles
    6.3.1 Agrobotix LLC
    6.3.2 Agrobot
    6.3.3 Autonomous Solutions (ASI)
    6.3.4 Autonomous Tractor Corporation
    6.3.5 AutoProbe Technologies
    6.3.6 Blue River Technology
    6.3.7 BouMatic Robotics
    6.3.8 Clearpath Robotics Inc.
    6.3.9 Conic System
    6.3.10 DeLaval Inc.
    6.3.11 EcoRobotix Ltd
    6.3.12 GEA Group Aktiengesellschaft
    6.3.13 Harvest Automation Inc.
    6.3.14 Deere & Company
    6.3.15 Lely
    6.3.16 Naio Technologies
    6.3.17 PrecisionHawk
    6.3.18 SAC Milking
    6.3.19 SenseFly
    6.3.20 Vision Robotics Corporation
    6.3.21 Vitirover
    6.3.22 Wall-Ye
    6.3.23 Yamaha Motor Co. Ltd

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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