The agricultural drones & robots market growth is expected to gain high momentum during the forecast period due to rising demand for food products across the world.
In technical terms, a drone is an aircraft which functions without human assistance. These may be controlled with the help of remote control or can also be controlled with the help of software-controlled flight plans. These drones are used to increase production of crops as well as track their growth with the help of digital imaging capabilities and advanced sensors. Agricultural robots too are being used widely to enhance the productivity of agriculture. Agricultural robots are mainly used during the stage of harvesting while its other uses are soil analysis, cloud seeding, environmental monitoring, weed control, planting seeds, etc.
To promote the use of agricultural robots, governments and few enterprises are using agricultural robots as a service. Farmers can use the technology best suited for their purpose and pay a reasonable amount of rent for the same. The introduction of agriculture Robot-as-a-Service helps framers to invest in different types of such equipment and enables them to understand the right set of equipment required for their farm.
The milking robot type segment is expected to account for a considerable share of the agriculture drones & robots market due to their widespread adoption globally. The rise in indoor farming activities is another factor responsible for the increased revenue for agricultural robots.
Key Factors Impacting Market Growth:
- Shortage of labor
- Rising demand for food products across the world
- The requirement of high initial investment
- Lack of technological knowledge among farmers
Regional Analysis:
This report segments agricultural drones & robots market by region into North America, Asia Pacific, Western Europe, Eastern Europe, the Middle East, and the Rest of the World. North America, Asia Pacific, and Western Europe are estimated to be major regions for agricultural drones & robots market during the forecast period. North America and Western Europe have been one of the key regions with technological advancements in the Food & Agricultural sector. The use of the latest technologies in the agricultural activities and established processed food market is estimated to drive demand for agricultural drones & robots market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.
Asia Pacific is estimated to be one of the fastest-growing markets for agricultural drones & robots during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors in the growth of agricultural drones & robots market. The Middle East and the rest of the World are estimated to be emerging regions for agricultural drones & robots market during the forecast period.
Companies Covered:
Clearpath Robotics, Naio Technologies, PrecisionHawk, Inc., Harvest Automation, Inc., and SenseFly SA
Market Segmentation:
By Type:
- Milking Robots
- Harvesting & Picking Robots
- Weeding Robots
- Autonomous Robot Tractors
- Others
By Product:
- Field Crops
- Fruits & Vegetables
- Livestock Produce
- Others
By Farming Type:
- Indoor Farming
- Outdoor Farming
By Business Model:
- Agricultural Robot-as-a-Product (ARaaP)
- Agricultural Robot-as-a-Service (ARaaS)
By Region:
- North America
- By Country (US, Canada, Mexico)
- By Type
- By Product
- By Farming Type
- By Business Model
- Western Europe:
- By Country (Germany, UK, France, Spain, Italy, Rest of Western Europe)
- By Type
- By Product
- By Farming Type
- By Business Model
- Eastern Europe:
- By Country (Russia, Turkey, Rest of Eastern Europe)
- By Type
- By Product
- By Farming Type
- By Business Model
- Asia Pacific
- By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
- By Type
- By Product
- By Farming Type
- By Business Model
- Middle East:
- By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
- By Type
- By Product
- By Farming Type
- By Business Model
- Rest of the World
- By Region (South America, Africa)
- By Type
- By Product
- By Farming Type
- By Business Model
Reasons to Buy This Report:
- Market size estimation of the agricultural drones & robots market on a regional and global basis
- The unique research design for market size estimation and forecast
- Profiling of major companies operating in the market with key developments
- Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
- By Segment
- By Sub-segment
- By Region/Country
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