The global agricultural robots market revenue is expected to expand at a lucrative CAGR over the forecast period. Increasing labor wages and the availability of trained labors is expected to augment market growth. However, improper mobile connectivity in remote areas is anticipated to hamper market growth over the forecast period.
The global agricultural robots market report has been segmented on the basis of product, application, and region.
On the basis of product type, the global agricultural robots market has been segmented into milking robots, unmanned aerial vehicles, driverless tractors, and automated harvesting systems. Driverless tractors segment is expected to witness steady growth over the forecast period. Automated tractors have the ability of planting, seeding, and fertilizing. Growing agricultural sector in developing economies is expected to propel segment growth.
On the basis of the distribution channel, the global agricultural robots market has been segmented into field mapping, harvesting management, dairy management, and animal management. Animal management segment is expected to witness higher growth rate over the forecast period. Growing awareness among the farmers regarding benefits related to the use of drones to detect disease of animals is anticipated to drive segment growth over the forecast period.
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On the basis of region, the global agricultural robots market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe market is expected to grow at a rapid pace over the forecast period. Growing support from the government for adoption of modern farming techniques in countries such as Germany, France, and the UK is expected to support the growth agricultural robots market across Europe region over the forecast period.
Key players operating in the global agricultural robots market include DeLaval Inc., Autonomous Solutions, Inc., Agco Corporation, GEA Group, Harvest Automation, Inc., Topcon Positioning Systems, Inc., Blue River Technology, AGROBOT-Soluciones Robóticas Agrícolas SL, Harvest Automation, and Lely Holding S.À.R.L.