The Precision Agricultural Application Robot Market was estimated to be worth USD 8.45 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 13.3% during the same period. Autonomous or semi-autonomous vehicles or equipment used for agricultural chores including planting, harvesting, irrigation, and pesticide application are called precision agricultural application robots, or agribots.
To guarantee accurate and effective functioning in the field, these robots are outfitted with sensors, GPS, and additional technology. The goal of precision agricultural application robots is to boost the productivity and efficiency of the agriculture sector while addressing the labor deficit. escalating hunger demand It is to be expected that as the population grows, there will be a greater need for sophisticated agricultural technologies like precision agriculture will propel the demand for robotic precision agricultural applications.
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Application Insights
Precision agricultural application robots are getting more and more popular because of all the benefits they provide, such lower labor costs and higher efficiency. Numerous agricultural tasks, such as indoor and outdoor farming, are performed by these robots.
Crops are grown outside in wide-open spaces. In outdoor farming, precision agricultural application robots are used to carry out operations like crop planting, fertilization, harvesting, and sowing. In large-scale farming operations, where human labor is costly and time-consuming, they are especially helpful.
Crops are grown indoors, usually in a greenhouse or building, in a regulated environment. In indoor farming, precision agricultural application robots are utilized for various operations such crop planting, irrigation, and harvesting. In vertical and hydroponic farming systems, when space is at a premium and labor costs are high, they are especially helpful.
Precision Agricultural Application Robot Market:- Segmental Analysis
By application
Indoor farming
Outdoor farming
By type
Plant type
Picking type
Key Companies
AGCO, AgJunction, Autonomous Solutions Inc, Autonomous Tractor Corporation, Boumatic, Clearpath Robots, Deepfield Robots, DeLaval, GEA Group, Deere & Company, DJI, Harvest Automation John Deere, Lely, and Others.
Country Scope
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria
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The agricultural robot market is expected to witness market growth at a rate of approximately 33.20% in the forecast period of 2021 to 2028 and is expected to reach USD 15.98 billion by 2028.The agricultural robots refer to Agbots and the continuous technological advancement equipment, machines and applications in across the globe for enhancing the productivity of the farms act as the major factors driving the agricultural robot market.
The deployment of these agricultural robots for several functions based on the configuration of the robots including fruits picking robots, weed control, cloud seeding, harvesting, environmental monitoring and soil analysis and the utilization of Agbots is being done with the purpose of reducing the human efforts.
Major Players Covered in this Report are:Deere & CompanyTrimble Inc.AGCO CorporationDeLavalDJI All Rights ReservedBouMaticLelyAgJunctionTopconAgEagle Aerial Systems Inc.YANMAR HOLDINGS Co. Ltd.farming revolution GmbHGet Special Sample of This Report@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-agricultural-robots-marketThe rise in the utilization of precision agriculture by farmers across the globe for the purpose for collecting and processing data which assists in making better decisions on fertilizing, harvesting crops and planting and the increase in demand for the technique to enhance crop yields and profits in order to cater the food and water crises act as the major factors driving the agricultural robot market.
The high utilization of IoT in various industries such as transportation, manufacturing, agriculture and others and the dependency of agriculture industry on the technology, engineering, and physical and biological sciences using IoT in research projects influence the agricultural robot market.
The rising labor wages and untrained labor encouraging automation among farmers, the impact of COVID-19 accelerating the use of robots in the agricultural sector and maturing IoT and navigation technologies also boost the agricultural robot market.
Furthermore, utilization of real-time multimodal robot systems and the rise in the usage of electrification technology in agricultural robots extend profitable opportunities to the agricultural robot market players in the forecast period of 2021 to 2028.Agricultural Robot Market Scope and Market SizeThe agricultural robot market is segmented on the basis of type, farm produce, offering, farming environment and application.
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The accompanying Industry is appeared to advance with a critical ascent in the Compound Annual Growth Rate (CAGR) during the conjecture time frame attributable to different elements driving the market.The extent of the report stretches out from market situations to similar valuing between significant players, cost and benefit of the predetermined market areas.
