The Global Agricultural Robots market is expected to grow at a CAGR of ~22% during the forecast period 2019-2025. As per the analysis, the market is expected to cross the revenue amount to $20 billion by the end of the year 2025.
- Increasing demand for precision farming
- Increasing number of funding activities focused upon R&D related to agricultural robots
- Increased affordability of technologically advanced farming equipment
- Increasing use of drones
- Lack of awareness among farmers
- Lack of training related to machine operation
Key Players Insights
The Agricultural Robots market research study include the company profiling and analysis related to some major companies that include DeLaval, Same Deutz-Fahr, Parrot (senseFly), Energid Technologies, Harvest Automation, Agrobot Robotic Harvesters, Abundant Robotics, PrecisionHawk, Rowbot Systems, RoBoPlant, Vision Robotics, Agribotix, AgEagle Aerial Systems, Iron Ox, Blue River Technology, Naio Technologies, Ecorobotix, CLAAS, CNH, John Deere, Kubota and AGCO.
AGCO was founded in the year 1990 and the company is based in the United States. The company is a distributor and manufacturer of agricultural and related equipment. The company deals in wide variety of products that includeprotein production systems, grain storage systems, implements, tillage equipment, seeding equipment, forage equipment, hay tools, self-propelled sprayers, combines and tractors. Valtra, Massey Ferguson, GSI, Fendt, White and Challenger among others are some famous brands of the company.
Additionally, the company’s AGCO Power engines segment deals in generating sets, gears and diesel engines. Also, the financing segment of the company deals through its joint venture of Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank).
Kubota was founded in the year 1890 and the company is based in Japan. The company is majorly engaged in development of construction machines, engines and agricultural machines. The major business segments of the company include machinery segment, water and environment segment and other segment. The machinery segment deals in sells and manufacturing of agricultural equipment that include lawn mowers, rice planters, combine harvesters, tillers, tractors, construction machinery, generators, industrial machinery and other agricultural machineries. Water & Environment segment sells and manufactures pipe-related products like valves, pumps, synthetic pipes, ductile iron pipes, social infrastructure-related products and environment-related products. Others segment include exterior wall materials, roofing materials, financial and logistics services.
August 2019, Investment: Kubota announced that the company had invested in California-based Advanced Farm Systems, an ag tech company to assist farming business in the United States and in other regions with a focus to increase work efficiency and saving labor.
June 2018, Product Launch: Kubota launched Autonomous Combine Harvester in Japan. This equipment falls under the category of Agri Robo Combine which will use an advanced GPS system to follow an efficient and preset route in the field, the equipment was priced $180,000.
Agribotix was founded in the year 2013 and the company is based in the United States. It is a drone-enabled software company that provides analysis and advanced imaging for precision agriculture. The research report titled ‘Global Agricultural Robots’ provide detailed study of companies included in the research report along with various other analytical chapters. Get insights to our analytical offerings https://www.reportocean.com/industry-verticals/details?report_id=IR403&&cat_title=Infoholic%20Research