Agricultural Robots Market

Agricultural Robots Market Set to Exceed USD USD 19,378.5 million by 2026 | CAGR 23.8%

“Agricultural Robots Market By Component (Hardware, Software, Services); By Type (Milking Robots, Harvesting Robots, Drones, Driverless Tractors, Others); By Application (Crop Management, Irrigation Management, Inventory Management, Soil Management, Dairy Management, and Others); By Region, Segments & Forecast, 2018 - 2026�

Agricultural Robots Market Estimate & Forecast to 2026 The global Agricultural Robots market is anticipated to reach around USD 19,378.5 million by 2026 according to a new research published by Polaris Market Research.

There has been an increasing adoption of agricultural robots across the world owing to growing agricultural industry, and high-demand for food crops. The growing population, and increasing automation of farm operations further supports the Agricultural Robots market growth. The global agricultural robots market is driven by the increasing need to improve the quality of crops produced, maximize crop production, and enhance productivity. Other factors driving the growth of this market include growth in the global agricultural industry, reducing availability of labors, and increasing labor costs. Increasing need of agricultural robots in farming, dairy production, and green plantation operations has created the need to develop new innovative products for diversified application areas in these sectors.

In the end-user segment, for consumer electronics market for magnetic sensors is anticipated to grow at the highest CAGR during the forecast period. This growth is attributed to its wide usage for navigation purpose in smartphones as in the modern day, almost every smartphone is integrated with e-compass. In smartphones, ecompass acts as a digital compass providing positioning of the smartphone concerning Earth’s magnetic field thus, facilitating the smartphone to sense the precise direction.

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Magnetic Sensors Market Scope

By Component

By Type

By Application

By Region

Report Attributes

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Hardware

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Milking Robots

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Crop Management

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North America

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Historic year: 2015-2016

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Software

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Harvesting Robots

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Irrigation Management

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Europe

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Base year: 2017

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Services

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Drones

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Inventory Management

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Asia Pacific

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Forecast Year: 2018-2026

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Driverless Tractors

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Soil Management

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Latin America Middle East &

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Revenue ((USD Million)

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Others

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Dairy Management

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Others

Africa

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Agricultural Robots Market Estimate & Forecast to 2026 The different types of agricultural robots include milking robots, harvesting robots, drones, driverless tractors, and others. In 2017, milking robots accounted for the largest share in the global market. Milking robots are used as an automated milking system in the dairy sector. Lely Astronaut A4 milking machine by Lely is one of the popular products available in the market for milking applications. An innovative product available in this category is Voyager robotic fencer, which is developed by Lely. This robot is used as an automated grazing control system for dairy cows. Â The leading companies profiled in the Agricultural Robots Market report include AG Leader Technology, AGCO Corporation, Harvest Automation, Inc., Drone Deploy, Agribotix LLC, Deere & Company, Boumatic Robotics, B.V., Topcon Positioning Systems, Inc., Autonomous Solutions, Inc., GEA Group, CLAAS KGaA mbH, and CNH Industrial. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Agricultural Robots Market Size

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About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to e present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world.

We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Â Web: www.polarismarketresearch.com Official Blog: http://ict-market-research.blogspot.com

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