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Agricultural Robots and Mechatronics Market Share 2019 | Applications, Types, Future Forecast, Growth Trends Analysis to 2024 – industryresearch.co

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Agricultural Robots and Mechatronics Market2019-2024 report provides vital data associated to the complete market shares, growth rate, revenue, challenges, opportunities prediction over a five-year period, from 2019 to 2024. In this Agricultural Robots and Mechatronics market report, the analysts have presented important statistics which tells to the production and consumption forecast for the key areas that the Agricultural Robots and Mechatronics market is considered into, production forecast by type, and consumption forecast by application. Agricultural Robots and Mechatronics market shares of positive growth as investors cheered its financial results for last some years.

In Agricultural Robots and Mechatronics Market Report, Following Companies Are Covered:

  • 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

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    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

    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.

    Agricultural Robots and Mechatronics Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    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.

    Reasons for Buying Agricultural Robots and Mechatronics Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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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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