The study on the Global Agricultural Robotics Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Agricultural Robotics Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Agricultural Robotics industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Agricultural Robotics industry

The global Agricultural Robotics (AR) market size was USD 4.81 Billion in 2021 and is expected to register a revenue CAGR of 19.3% during the forecast period. Need to automate repetitive and slow tasks for farmers and rising focus on increasing global crop, vegetable, and fruit yields are some key factors driving agricultural robotics market revenue growth. Automation is being encouraged by a growing population and declining availability of farmworkers, which is driving revenue growth of the market. Increasing global population is driving steady food demand and agricultural robots and can help mitigate worker and labor shortage.

A shortfall in labor force is a key factor expected to support revenue growth of the global agricultural robotics market going ahead. Younger populations are less likely to engage in agricultural sectors for better career options and objectives. This is leading to decreased availability of manual labor and increased demand and employment for agricultural robots. Furthermore, increasing labor wages due to inflation is opening up prospects for robots and automation over the forecast period. According to Farm Labor Survey (FLS), in the past five years, farm wages grew by 2.9% per year. This is encouraging farmers to adopt AR as many devices are more cost-effective and dependable than human labor and AR also reduces rate of errors.

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Market Scope: The report explains the scope of various commercial possibilities in the global Agricultural Robotics market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Agricultural Robotics market.

The leading market contenders listed in the report are:

Deere Company, Trimble Inc, AGCO Corporation, Lely Industries N.V., AgEagle Aerial Systems Inc., Agribotix LLC, AGROBOT, Harvest Automation, Naio Technologies, and IBM Corporation

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Segments Covered in this report are:

• Type Outlook (Revenue, USD Billion; 2019–2030)
• Milking Robots
• Unmanned Aerial Vehicles (UAVs) / Drones
• Driverless Tractors
• Automated Harvesting System
• Others

• Farming Environment Outlook (Revenue, USD Billion; 2019–2030)
• Indoor
• Outdoor

• Farm Produce Outlook (Revenue, USD Billion; 2019–2030)
• Field Crops
• Fruits and Vegetables
• Dairy and Livestock
• Others

The complete regional analysis covers:

• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

In conclusion, the Agricultural Robotics Market report is an exhaustive database that will help readers formulate lucrative strategies. The Agricultural Robotics Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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