The report “Agricultural Robots Market by Type (UAVs, Milking Robots, Harvesting Systems, Driverless Tractors), Offering (Hardware-Automation & Control System, Sensor & Monitoring Device; Software; Services), Application, and Geography – Global Forecast to 2022″, published by MarketsandMarketsTM, the agricultural robots market is expected to grow from USD 2.75 Billion in 2016 and is expected to reach USD 12.80 Billion by 2022, at a CAGR of 20.71% between 2017 and 2022.
Don’t miss out on business opportunities in Agricultural Robots Market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/pdfdownload.asp?id=173601759
The increasing focus on farm efficiency and productivity and increasing global demand for food are some of the significant drivers for the growth of the agricultural robots market. According to the present scenario, the hardware component holds a major share of the agricultural robots market. The agricultural robots market for the services segment is expected to grow at the highest rate between 2017 and 2022. In terms of market leadership, Deere & Company (U.S.) is leading the agricultural robots market.
Hardware component expected to lead the agricultural robots market
The hardware component is expected to hold the largest share of the agricultural robots market between 2017 and 2022. The hardware components include automation and control systems, and sensing and monitoring systems. Automation and control systems such as global positioning system (GPS) receivers, guidance and steering devices, and variable rate technology (VRT) devices form a major part of the agricultural robots market. These hardware components have the largest share of the overall agricultural robots market owing to their extensive use in field farming technologies.
Agricultural robots market for weather tracking and forecasting expected to grow at the highest rate between 2017 and 2022
Weather tracking is one of the important parameters in agriculture as this application facilitates up-to-date information on prevailing climatic conditions, such as temperature, rain, wind speed and direction, and solar radiation. There are various kinds of devices used for this application, which include handheld instruments and on-field weather stations. Weather tracking helps in taking decisions before severe and potentially dangerous climatic conditions occur, thereby protecting a farmer’s family or business.
Ask for PDF @ https://www.marketsandmarkets.com/pdfdownload.asp?id=173601759 Browse and in-depth TOC on “Digital Signage Market ”
79 – Data Tables 79 – Figures 205 – Pages
Americas held the largest share of the agricultural robots market in 2016
The Americas held the largest share of the agriculture robot market in 2016. This growth is attributed to the increased industrialization of farming equipment with the need for improved efficiency and productivity to meet the global demand for food. Efficient farming requirements, high production accuracy, and increased use of farm management software are some of the factors for the growth of the agricultural robots market in the Americas.
Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsample.asp?id=173601759
Some of the major players in the agricultural robots market are Deere & Company (U.S.), Trimble, Inc. (U.S.), AgJunction, Inc. (U.S.), and AGCO Corporation (U.S.). The company introduces new product enhancements and launches regularly. For instance, in February 2016, the company upgraded its 800M-Series Tracked Feller Bunchers and 800MH-Series Tracked Harvesters, which would help farmers in real-time planning. The company is also involved in collaborations with leading industry players.
Browse Adjacent Markets @ Semiconductor and Electronics Market Research Reports & Consulting
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact:
Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: [email protected]
Media ContactCompany Name: MarketsandMarketsContact Person: Mr. Shelly SinghEmail: Send EmailPhone: 1-888-600-6441Address:630 Dundee Road Suite 430 City: NorthbrookState: ILCountry: United StatesWebsite: https://www.marketsandmarkets.com/Market-Reports/agricultural-robot-market-173601759.html
