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Agriculture Robots Market Share

Report ID: GMI6859
Published Date: Oct 2023
Report Format: PDF

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Agriculture Robots Market Share

Agriculture robots market is highly competitive owing to the presence of key players such as

Agrobot
AGCO Corporation
AgEagle Aerial Systems Inc
Agribotix.com
Autonomous Solutions Inc.
Autonomous Tractor Corporation
Blue River Technology
Clearpath Robotics Inc.
Deere & Company
DeLaval
GEA Group Aktiengesellschaft
Harvest Automation
IBM
Lely
Naio Technologies
Precision Hawk
Trimble Inc.

Rising investments in facility centers and acquisitions will increase the foothold of industry participants in the commercial industry. Significant investments in R&D to gain technological competitiveness and aggressive business strategies including technological launches, collaborations & long-term agreements with clients to capture market shares are positively impacting market growth.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for agriculture robots was USD 14.9 billion in 2022 and is estimated to witness over 15% CAGR from 2023 to 2032 due to the aging agricultural workforce in many countries

The precision agriculture application segment garnered over 25% share of the agriculture robot market in 2022 driven by their ability to boost efficiency, reduce resource wastage, and enhance crop yields

North America held over 30% share of the agriculture robots industry in 2022 driven by high labor costs and the shortage of skilled farm workers

Agrobot, Autonomous Solutions Inc., AGCO Corporation, AgEagle Aerial Systems Inc, Agribotix.com, Autonomous Tractor Corporation, Blue River Technology, and Clearpath Robotics Inc. among others are some of the key agriculture robot firms