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Pulished Date July, 2021
ID: 11847
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Agricultural Robots and Mechatronics Market by type (Autonomous Tractors, Unmanned Aerial Vehicles (UAVs), Milking Robots, and Other Types), by Application (Crop Production, Animal Husbandry, Forest Control and others) and by Regional- Global Forecast Period 2021-2026.

Pulished: July, 2021
ID: 11847
Pages: 175

Agricultural Robots and Mechatronics Market Size, Growth, Trends and Forecast 2021-2026

Agricultural Robots And Mechatronics Market are estimated to have a growth rate of  20.4% during the forecast period 2021-2026. Increasing prevalence to increase the productivity rate with high effectiveness is leveraging the growth opportunities for the agriculture robots and mechatronics market.

Agriculture robots and mechatronics are the machines that increase the efficiency of the task by performing the task better than humans. This machine can operate in crops and animal farms without any relation to the weather condition. These machines perform all sorts of agriculture operations like crop and animal sensing, weeding and drilling, and others.

Impact on COVID 19 on Agricultural robots and mechatronics market:

COVID 19 is a deadly disease that ruined many lives in distinct ways. The global economy was severely disrupted due to the pandemic. Lockdown and ban on flights majorly affected the supply chain in many countries. Agricultural robots are in talks during these tough times to maximize the production rate and reduce human efforts. Fully autonomic vehicles are used by many farmers in developed countries that is surging the demand of the agricultural robots and mechatronics market in these tough times. Growing prevalence to increase food productivity at a higher rate to sustain the needs from various parts of the globe is anticipated to fuel the growth rate of the market. During the lockdown restrictions, over 70% of migrant laborers went to their homes town which escalated the prevalence to adopt agriculture robots. National Farmers Union has decided to promote agriculture robots to overcome the uncertainties of labor shortages.

Recent Market Developments:

Drivers and Restraints of Agricultural Robots and Mechatronics Market:

Agricultural Robots and Mechatronics Market Drivers:

Less availability of labor even in the rural areas and rising labor costs across the globe are major factors for the market to grow enormously. The rapid adoption of the latest technologies and the launch of innovative techniques in improving production are propelling the demand of the agriculture robots and mechatronics market. The growing prevalence of organic food products is leveling up the market growth. According to the survey, the global population is expected to reach 9.8 billion by 2050. Rising population across the world and growing demand for food is eventually making the market grow at a higher rate. Also, agricultural robots and mechatronics are more effective in making high production with fewer errors that is projected to lavish the demand of the market. Adoption of modern technology where traditional methods are not that effective to feed the growing population is elevating the growth rate of the agricultural robots and mechatronics market.

Agricultural Robots and Mechatronics Market Restraints:

However, the high installment cost of the robots where common farmers cannot afford is a major factor restraining the growth rate of the agricultural robots and mechatronics market. Less knowledge over the benefits of robots in agriculture is slowly degrading the demand of the market to the extent. High maintenance is also a factor hampering the market growth up to some extent. Still some of the agricultural robots are under design that is waiting for approval. These robots are not yet ready for commercial deployment in many countries. This is merely impeding the demand of the agricultural robots and mechatronics market. Rising concern over privacy is also hindering the growth rate of this market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021-2026

Base Year

2021

Forecast Period

2021-2026

CAGR

20.4%

Segments Covered

By Type, By Application

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

  • Deere & Company
  • ASI
  • DJI
  • Yamaha
  • BouMatic Robotics
  • Agrobot
  • DeLaval
  • Lely

Agricultural Robots and Mechatronics Market Segmentation:

Agricultural Robots and Mechatronics Market – By Type:

  • autonomous tractors

  • unmanned aerial vehicles
  • milking robots
  • others

The autonomous tractors segment is having the highest shares of the market by owing to the quick adoption of the latest technologies and the launch if innovative systems to level up the demand of the market. The unmanned aerial vehicles segment is projected to have the thickest growth rate in the foreseen years with the rising demand for the cultivation of the crops with the latest technologies. Growing support from government organizations in approving new product launches is escalating the growth rate of the market. The milking robots segment is to have significant growth opportunities in the forecast period.

Agricultural Robots and Mechatronics Market – By Application:

  • crop production
  • animal husbandry
  • forest control
  • others

The crop production segment is leading with the dominant shares of the market. Rising awareness on increasing the production of the crop using different techniques is anticipated to promote the growth rate of the market. The animal husbandry segment is to have the highest CAGR in the near future. The emergence of artificial intelligence in every sector is enhancing the growth rate of the agricultural robots and mechatronics market. The forest control segment is estimated to have a steady pace during the forecast period.  

Regional Analysis:

North America is leading with the highest shares of the market. On-going research on the development of new robots to increase the efficiency of the operations in agriculture is a major attribute for the market to grow in this region. Escalating expenditure and rising prevalence for advanced technologies are promoting the agricultural robots and mechatronics market growth in North America. Also, growing investments in agriculture by both public and private sectors are enhancing the demand of the agriculture robots and mechatronics market.

Asia pacific is next to North America in ruling the shares of the agricultural robots and mechatronics market. Increasing population and rising sustainable demand to feed the people are two major factors fueling the growth rate of the market in Asia pacific. India and China are two major contributors for the market to grow. Also, increasing funds and growing awareness of robotics technology are greatly influencing the demand of the market.

Europe is thriving hard to have the certain growth opportunities of the agricultural robots and mechatronics market. The growing tendency to adopt new techniques in farming and increase the crop production rate to fulfill the unmet needs are anticipated to set the new growth opportunities for the market.

Latin America and Middle East & Africa are expected to have a slow growth rate during the forecast period 2021-2026 due to decreased global economy amid novel coronavirus.

Key Players:

Some of the major key players of the agricultural robots and mechatronics market are:

  • Deere & Company
  • ASI
  • DJI
  • Yamaha
  • BouMatic Robotics
  • Agrobot
  • DeLaval
  • Lely
  • Blue River Technology
  • Clearpath Robotics
  • GEA Group
  • PrecisionHawk

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Agricultural Robots And Mechatronics Market, By Type 

                                6.1.1 Autonomous Tractors        

                                6.1.2 Unmanned Aerial Vehicles (UAVs)               

                                6.1.3 Milking Robots      

                                6.1.4 Other Types           

                                6.1.5 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.6 Y-o-Y Growth Rate Analysis             

                                6.1.7 Market Attractiveness Index          

    6.2 Agricultural Robots And Mechatronics Market, By Application   

                                6.2.1 Crop Production   

                                6.2.2 Animal Husbandry

                                6.2.3 Forest Control       

                                6.2.4 others       

                                6.2.5 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.6 Y-o-Y Growth Rate Analysis             

                                6.2.7 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region   

                7.2 North America - Market Analysis (2021-2026)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Type    

                                7.2.3 By Application        

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Type    

                                7.3.3 By Application        

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Type    

                                7.4.3 By Application        

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Type    

                                7.5.3 By Application        

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Type    

                                7.6.3 By Application        

8. Key Player Analysis                                    

                8.1 Deere & Company                   

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 ASI                 

                8.3 DJI                  

                8.4 Yamaha                        

                8.5 BouMatic Robotics                  

                8.6 Agrobot                       

                8.7 DeLaval                        

                8.8 Lely                

                8.9 Blue River Technology                           

                8.10 Clearpath Robotics                

                8.11 GEA Group                               

                8.12 PrecisionHawk                        

9. Market Outlook & Investment Opportunities                                

10. Appendix                                    

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  • Global Agricultural Robots And Mechatronics Market By Region, From 2021-2026 ( USD Billion )
  • Global Agricultural Robots And Mechatronics Market By Type, From 2021-2026 ( USD Billion )
  • Global Autonomous Tractors Market By Region, From 2021-2026 ( USD Billion )
  • Global Unmanned Aerial Vehicles (UAVs) Market By Region, From 2021-2026 ( USD Billion )
  • Global Milking Robots Market By Region, From 2021-2026 ( USD Billion )
  • Global Other Types Market By Region, From 2021-2026 ( USD Billion )
  • Global Agricultural Robots And Mechatronics Market By Application, From 2021-2026 ( USD Billion )
  • Global Crop Production Market By Region, From 2021-2026 ( USD Billion )
  • Global Animal Husbandry Market By Region, From 2021-2026 ( USD Billion )
  • Global Forest Control  Market By Region, From 2021-2026 ( USD Billion )
  • Global others Market By Region, From 2021-2026 ( USD Billion )

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