Agriculture Drones and Robots Market Overview
The global agriculture drones and robots market is estimated to reach $16.12 billion in 2027, reveals the premium market intelligence study by CRI Report. The study also highlights that the market is set to witness a CAGR of 20.74% during the forecast period 2022-2027.
The global agriculture drones and robots market is expected to witness a high growth rate in the coming years due to growing investment in bringing automation to the agriculture industry. Furthermore, COVID-19 had a positive influence on market growth, which has led to an increase in the adoption of drones and robots in the agriculture industry.
USP of the Report
• Extensive competitive benchmarking of the top 15 players, including KUBOTA Corporation, Dogtooth Technologies Limited, AGCO Corproation, and others to offer a holistic view of the global agriculture drones and robots market landscape
• Market ranking analysis based on product portfolio, recent developments, and regional spread
• Investment landscape, including product adoption scenario, funding, and patent analysis
Analyst Perspective
According to Debraj Chakraborty, Principal Analyst, CRI Report, “The agriculture drones and robots are expected to replace conventional agriculture equipment. Owing to the increasing adoption of digital solutions in developed countries and the lack of skilled labor, the agriculture drones and robots market is expected to show significant growth in the near future. Through a better adoption of these technology-based products, the consumers’ demand for quality food and grains and less wastage of resources can be met.”
Key Companies Operating in The Market
Key players in the agriculture drones and robots market analyzed and profiled in the study involve agriculture robot manufacturers and agriculture drone manufacturers. Moreover, a detailed competitive benchmarking of the players operating in the agriculture drones and robots market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
The key players profiled in the report include AGCO Corporation, BouMatic, Deere & Company, Dogtooth Technologies Limited, KUBOTA Corporation, Lely, Naïo Technologies, Robert Bosch GmbH, Robotnik, YANMAR HOLDINGS CO., LTD., AeroVironment, Inc., AgEagle Aerial Systems Inc., Delair, DJI, Microdrones, Parrot Drone SAS, Pixhawk, Pix4D SA, Precision Crop Tech, and PrecisionHawk, Inc.
Key Questions Answered in the Report
• What is the estimated global agriculture drones and robots market size in terms of revenue for the forecast period 2022-2027, and what is the expected compound annual growth rate (CAGR) during the forecast period 2022-2027?
• What are the key trends, market drivers, and opportunities in the market pertaining to agriculture drones and robots?
• What are the major restraints inhibiting the growth of the global agriculture drones and robots market?
• What kinds of new strategies are being adopted by the existing market players to expand their market positions in the industry?
• What is the competitive strength of the key players in the global agriculture drones and robots market based on an analysis of their recent developments, product offerings, and regional presence?
• How is the competitive benchmarking of the key agriculture drones and robot companies in the agriculture market based on the analysis of their market coverage and market potential?
• Which type of players and stakeholders are operating in the market ecosystem of agriculture drones and robots, and what is their significance in the global market?
• Which are the leading consortiums and associations in the global agriculture drones and robots market, and what are their roles in the market? How does the regulatory landscape differ in different regions for agriculture drones and robots?
• How are emerging technologies such as artificial intelligence (AI), 5G communication, and the Internet of Things (IoT) driving the growth of the global agriculture drones and robots market?
• Which are the major patents filled in the global agriculture drones and robots market?
• How are the government and corporate initiatives changing the landscape of the global agriculture drones and robots industry?
• What has been the impact of COVID-19 on the global agriculture drones and robots market?