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

“The increasing focus on farm efficiency and productivity and adoption of new technologies in farming drive the growth of the agricultural robots market”
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. Agricultural robot involves technology-driven information analysis of data acquired from the field and application of input as per the data analysis for increasing crop productivity. Agricultural robot has revolutionized the method employed for crop production in the agriculture farm. People across the world would adopt robots for agricultural purposes at an increasing rate. The major restraining factor for the agricultural robots market is the high initial investment and the lack of technical awareness among farmers.
“Automated harvesting application held the largest share of the agricultural robots market in 2016”
Harveting is the most widely used application in agricultural robots as it plays a vital role in understanding field variability and helps farmers in maximizing their yields. Increasing labor cost is motivating farm owners to adopt automated harvesting system. Automated harvesting management held the largest market share among all applications due to the high adoption rate of harvesting robots.
“Agricultural robots market in Asia-Pacific expected to grow at the highest rate between 2017 and 2022”
Asia-Pacific (APAC) is one of the bright prospective markets in agricultural robots. APAC has large farmlands and a high population growth rate. APAC has a huge regional spread, which comprises countries such as China, Japan, India, Australia, South Korea, and Rest of APAC. The agricultural robots market in APAC is in its initial stages of adoption and expected to grow with a double-digit rate between 2017 and 2022. In APAC, specifically India, Australia, China, and Japan, currently have the highest growth rate and highest share in the agricultural robots market.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key experts. The breakup of the profiles of primary participants is as follows:
‧ By Company Type: Tier 1 – 55 %, Tier 2 – 20%, and Tier 3 –25%
‧ By Designation: C-Level Executives – 75% and Managers – 25%
‧ By Geography: Americas – 40%, Europe – 30%, APAC – 20%, and RoW – 10%
Companies that provide a range of customized solutions to customers are expected to emerge as the game changers.
The key players in the agricultural robots market profiled in the report are as follows:
1. Deere & Company (U.S.)
2. Trimble, Inc. (U.S.)
3. AGCO Corporation (U.S.)
4. DJI (China)
5. BouMatic Robotics, B.V. (Netherlands)
6. AgJunction, Inc. (U.S.)
7. AG Leader Technology (U.S.)
8. AG Eagle LLC (U.S.)
9. Topcon Positioning Systems, Inc. (U.S.)
10. Lely Holding S.A.R.L (Netherlands)
11. Agribotix LLC (U.S.)
12. Auto Copter Corp (U.S.)
Research Coverage
This report covers the agricultural robots market based on offering, type, application, and geography. A detailed analysis of the key industry players has been done to provide insights into their business, products and services, and key strategies such as new product launches, mergers and acquisitions, partnerships, agreements, and collaborations associated with the agricultural robots market.
Key Benefits of Buying the Report
The report would help the market leaders or new entrants in the following ways:
1. This report segments the overall market comprehensively and provides the closest approximations of the overall agricultural robots market size and that of the subsegments across different applications and regions.
2. The report helps stakeholders to understand the pulse of the agricultural robots market and provides them information on key drivers, restraints, challenges, and opportunities in this market.
3. This report would help stakeholders to effectively understand their competitors and gain more insights to enhance their position in the agricultural robots market. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers and acquisitions in the agricultural robots market.

TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 STUDY OBJECTIVES 16
1.2 MARKET DEFINITION 16
1.3 SCOPE OF THE STUDY 17
1.3.1 MARKETS COVERED 17
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 18
1.5 LIMITATIONS 18
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 List of major secondary sources 20
2.1.1.2 Key data from secondary sources 21
2.1.2 PRIMARY DATA 21
2.1.2.1 Primary interviews with experts 21
2.1.2.2 Breakdown of primaries 22
2.1.2.3 Key data from primary sources 22
2.2 SECONDARY AND PRIMARY RESEARCH 23
2.2.1 KEY INDUSTRY INSIGHTS 24
2.3 MARKET SIZE ESTIMATION 24
2.3.1 BOTTOM-UP APPROACH 25
2.3.1.1 Approach for capturing the market share by bottom-up analysis (Demand-side) 25
2.3.2 TOP-DOWN APPROACH 26
2.3.2.1 Approach for capturing the market share by top-down analysis (Supply-side) 26
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 27
2.5 RESEARCH ASSUMPTIONS 28
3 EXECUTIVE SUMMARY 29
4 PREMIUM INSIGHTS 34
4.1 ATTRACTIVE OPPORTUNITIES IN THE AGRICULTURE ROBOTICS MARKET 34
4.2 AGRICULTURAL ROBOTS MARKET, BY OFFERING 35
4.3 AGRICULTURAL ROBOTS MARKET, BY APPLICATION 36
4.4 COUNTRY-WISE ANALYSIS OF AGRICULTURAL ROBOTS MARKET 36
4.5 LIFE CYCLE ANALYSIS OF AGRICULTURAL ROBOTS MARKET 37
5 MARKET OVERVIEW 38
5.1 INTRODUCTION 39
5.2 MARKET EVOLUTION 39
5.3 MARKET SEGMENTATION 40
5.3.1 BY OFFERING 40
5.3.2 BY TYPE 41
5.3.3 BY APPLICATION 41
5.3.4 BY GEOGRAPHY 42
5.4 MARKET DYNAMICS 43
5.4.1 DRIVERS 43
5.4.1.1 Increasing strain on the global food supply owing to increasing population 43
5.4.1.2 Increasing adoption of new technologies in farming for maximum profitability and production 44
5.4.1.3 Substantial cost savings associated with the use of agricultural robots 44
5.4.1.4 Government support to adopt modern agricultural techniques 45
5.4.2 RESTRAINTS 46
5.4.2.1 High capital investments 46
5.4.2.2 Lack of technical awareness in agricultural robotics technology 46
5.4.3 OPPORTUNITIES 47
5.4.3.1 Developing countries to offer significant growth opportunities 47
5.4.3.2 Increasing use of Unmanned Aerial Vehicles (UAVs)/drones in agricultural farms 47
5.4.4 CHALLENGES 48
5.4.4.1 Lack of standardization and safety issues in the agricultural robots industry 48
5.4.4.2 The commercialization of agricultural robots is a time-consuming process 48
6 INDUSTRY TRENDS 49
6.1 INTRODUCTION 49
6.2 VALUE CHAIN ANALYSIS 49
6.2.1 MAJOR MARKET PLAYERS IN THE AGRICULTURAL ROBOTS MARKET 50
6.3 SUPPLY CHAIN ANALYSIS 51
6.4 TECHNOLOGY ROADMAP 52
6.4.1 TECHNOLOGY ROADMAP (2014–2030) 52
6.5 PORTER’S FIVE FORCES ANALYSIS 53
6.5.1 INTENSITY OF COMPETITIVE RIVALRY 54
6.5.2 THREAT OF SUBSTITUTES 55
6.5.3 BARGAINING POWER OF BUYERS 56
6.5.4 BARGAINING POWER OF SUPPLIERS 57
6.5.5 THREAT OF NEW ENTRANTS 58
6.6 PESTLE ANALYSIS 58
6.6.1 POLITICAL FACTORS 58
6.6.2 ECONOMIC FACTORS 59
6.6.3 SOCIAL FACTORS 59
6.6.4 TECHNOLOGICAL FACTORS 59
6.6.5 LEGAL FACTORS 59
6.6.6 ENVIRONMENTAL FACTORS 60
7 AGRICULTURAL ROBOTS MARKET, BY OFFERING 61
7.1 INTRODUCTION 62
7.2 HARDWARE 64
7.2.1 AUTOMATION & CONTROL SYSTEMS 65
7.2.1.1 Display 67
7.2.1.2 Guidance & steering 67
7.2.1.3 GPS/GNSS systems 67
7.2.1.4 Cameras 68
7.2.1.4.1 Multispectral cameras 69
7.2.1.4.2 Infrared cameras 69
7.2.1.4.3 Thermal camera 69
7.2.1.4.4 LIDAR camera 70
7.2.1.4.5 High-Resolution camera 70
7.2.1.5 Mobile devices/handheld computers 70
7.2.1.6 Flow & application control devices 70
7.2.1.7 Others 71
7.2.2 SENSING & MONITORING DEVICES 71
7.2.2.1 Yield monitors 72
7.2.2.2 Soil sensors 72
7.2.2.2.1 Nutrient sensors 73
7.2.2.2.2 Moisture sensors 73
7.2.2.2.3 Temperature sensors 73
7.2.2.3 Water sensors 73
7.2.2.4 Climate sensors 74
7.2.2.5 Others 74
7.3 SOFTWARE 74
7.3.1 LOCAL/WEB-BASED 76
7.3.2 CLOUD-BASED 77
7.4 SERVICES 79
7.4.1 SYSTEM INTEGRATION & CONSULTING 80
7.4.2 MANAGED SERVICES 81
7.4.2.1 Farm operation services 82
7.4.2.2 Data services 83
7.4.2.3 Analytics services 83
7.4.3 CONNECTIVITY SERVICES 84
7.4.4 ASSISTED PROFESSIONAL SERVICES 85
7.4.4.1 Supply chain management services 85
7.4.4.2 Climate information services 85
7.4.4.3 Others 85
7.4.5 MAINTENANCE & SUPPORT SERVICES 86
8 AGRICULTURAL ROBOTS MARKET, BY TYPE 88
8.1 INTRODUCTION 89
8.2 UNMANNED AERIAL VEHICLES (UAV)/DRONES 91
8.2.1 FIXED WING 93
8.2.2 ROTARY BLADE 94
8.2.3 HYBRID 94
8.3 MILKING ROBOT 95
8.4 DRIVERLESS TRACTORS 97
8.5 AUTOMATED HARVESTING SYSTEMS 100
8.6 OTHER ROBOTS 101
9 AGRICULTURAL ROBOTS MARKET, BY APPLICATION 104
9.1 INTRODUCTION 105
9.2 HARVEST MANAGEMENT 107
9.3 FIELD FARMING 109
9.3.1 CROP MONITORING 111
9.3.2 PLANT COUNTING SYSTEMS 112
9.3.3 CROP SCOUTING 112
9.4 DAIRY FARM MANAGEMENT 112
9.5 SOIL MANAGEMENT 114
9.5.1 MOISTURE MONITORING 116
9.5.2 NUTRIENT MONITORING 116
9.6 IRRIGATION MANAGEMENT 116
9.7 PRUNING 118
9.8 WEATHER TRACKING & MONITORING 120
9.9 INVENTORY MANAGEMENT 122
9.10 OTHER APPLICATIONS 123
10 GEOGRAPHIC ANALYSIS 126
10.1 INTRODUCTION 127
10.2 AMERICAS 129
10.2.1 NORTH AMERICA 133
10.2.1.1 U.S. 133
10.2.1.2 Canada 134
10.2.1.3 Mexico 134
10.2.2 SOUTH AMERICA 135
10.2.2.1 Brazil 136
10.2.2.2 Argentina 136
10.2.2.3 Rest of South America 137
10.3 EUROPE 138
10.3.1 GERMANY 141
10.3.2 U.K. 142
10.3.3 FRANCE 142
10.3.4 ITALY 142
10.3.5 NETHERLANDS 143
10.3.6 REST OF EUROPE 143
10.4 ASIA-PACIFIC 144
10.4.1 CHINA 147
10.4.2 JAPAN 148
10.4.3 AUSTRALIA 148
10.4.4 INDIA 148
10.4.5 SOUTH KOREA 149
10.4.6 REST OF ASIA-PACIFIC 149
10.5 REST OF WORLD 151
10.5.1 AFRICA 153
10.5.1.1 South Africa 153
10.5.2 MIDDLE EAST 153
10.5.3 RUSSIA 154
11 COMPETITIVE LANDSCAPE 155
11.1 OVERVIEW 155
11.2 MARKET SHARE ANALYSIS FOR THE AGRICULTURAL ROBOTS MARKET, 2016 156
11.3 COMPETITIVE SITUATION AND TRENDS 157
11.4 START-UP SCENARIO 158
11.4.1 START-UP CATEGORIZATION ON THE BASIS OF SOLUTIONS PROVIDED 158
11.4.1.1 Hardware providers 158
11.4.1.2 Software and service providers 159
11.5 RECENT DEVELOPMENTS 160
11.5.1 NEW PRODUCT LAUNCHES/DEVELOPMENTS 160
11.5.2 AGREEMENTS, PARTNERSHIPS, AND CONTRACTS 160
11.5.3 MERGERS & ACQUISITIONS 161
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12 COMPANY PROFILES 162
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
12.1 INTRODUCTION 162
12.2 DEERE & COMPANY 163
12.3 TRIMBLE INC. 167
12.4 AGCO CORPORATION 172
12.5 AGJUNCTION, INC. 176
12.6 DJI 180
12.7 BOUMATIC ROBOTICS, B.V. 183
12.8 LELY HOLDING S.A.R.L 185
12.9 AG LEADER TECHNOLOGY 187
12.10 TOPCON POSITIONING SYSTEMS, INC. 190
12.11 AG EAGLE LLC 192
12.12 AGRIBOTIX LLC 193
12.13 AUTOCOPTER CORP 194
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
13 APPENDIX 195
13.1 INSIGHTS FROM INDUSTRY EXPERTS 195
13.2 DISCUSSION GUIDE 196
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 198
13.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 200
13.5 AVAILABLE CUSTOMIZATION 202
13.6 RELATED REPORTS 202
13.7 AUTHOR DETAILS 203