AGRICULTURAL ROBOTS MARKET Agricultural Robots Market by Type (Driverless Tractors, Unmanned Aerial Vehicles (UAVs), Milking Robots, Automated Harvest Robots, Material Management, and Others), and by Application (Dairy Management, Irrigation Management, Harvest Management, Soil Management, Inventory Management, and Others - Global Opportunity Analysis and Industry Forecast,

Current and Future Market Scenario  The global agricultural robots market was valued at $2,927 million in  The global agricultural robots market is expected to reach $11,050 million by  The global agricultural robots market will grow at a prominent CAGR of 21% from 2017 to  The milking robots segment dominates the market, accounting for $6,555 million in 2016, registering a CAGR of 7% during the forecast period.  The dairy management segment is expected to generate the maximum revenue during the forecast period, accounting for 61.3% share by 2023.

Factors Contributing to Market Growth  Growth in population.  High requirement for food and rise in popularity of indoor farming.  Common climate variations.  Surge in adoption of automation technology.  The large number of agricultural technology firms developing, experimenting, and launching a wide range of robotic systems designed for various agricultural purposes.  Adoption of telematics sensors can be a potential opportunity for the global agricultural robots market.

Agricultural Robots Market Segmentation By Type  Driverless Tractors  Unmanned Aerial Vehicles (UAVs)  Milking Robots  Automated Harvest Robots  Material Management  Others (Animal Management and Forest Management) By Application  Dairy Management  Irrigation Management  Harvest Management  Soil Management  Inventory Management  Others (Field Mapping and Pruning Management)

Dominating Segments Dairy management segment Milking robots segment The dairy management segment is expected to generate the maximum revenue during the forecast period, accounting for 61.3% share by The milking robots segment dominates the market, accounting for $6,555 million in 2016, registering a CAGR of 7% during the forecast period.

Geographical Overview  The global agricultural robots market is analyzed across North America, Asia-Pacific, Europe, and LAMEA.  North America was the highest revenue contributor with around 37.04% share in 2016, and is projected to reach $3,602 million by 2023, growing at a CAGR of 18.8%.  Asia-Pacific is expected to witness the highest growth rate of 24.5% in global agricultural robots market the during the forecast period.

Leading Market Players  AGCO  Autonomous Solutions Inc.  Autonomous Tractor Corporation  Clearpath Robotics  Deepfield Robotics  DeLaval  GEA Group  Harvest Automation  John Deere  Lely

A report titled “Agricultural Robots Market- Opportunities and Forecasts, 2017– 2023” has been recently published by Allied Market Research. It makes an in-depth analysis of current trends, drivers, and restraining factors that affect financial ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from stakeholder’s perspective. To Know More About Agricultural Robots Market- Opportunities and Forecasts, 2017– 2023 – Get PDF Sample Copy- Follow Allied Market Research THANK YOU