Agricultural robots market

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Agricultural Robots MarketSet to Exceed USD USD
19,378.5 million by 2026 CAGR 23.8

• Agricultural Robots Market By Component
  (Hardware, Software, Services) By Type (Milking
  Robots, Harvesting Robots, Drones, Driverless
  Tractors, Others) By Application (Crop
  Management, Irrigation Management, Inventory
  Management, Soil Management, Dairy Management,
  and Others) By Region, Segments Forecast, 2018
  - 2026

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Agricultural Robots Market Estimate Forecast to
2026
The global Agricultural Robots market is
anticipated to reach around USD 19,378.5 million
by 2026 according to a new research published by
Polaris Market Research. There has been an
increasing adoption of agricultural robots across
the world owing to growing agricultural industry,
and high-demand for food crops. The growing
population, and increasing automation of farm
operations further supports the Agricultural
Robots market growth. The global agricultural
robots market is driven by the increasing need to
improve the quality of crops produced, maximize
crop production, and enhance productivity. Other
factors driving the growth of this market include
growth in the global agricultural industry,
reducing availability of labors, and increasing
labor costs. Increasing need of agricultural
robots in farming, dairy production, and green
plantation operations has created the need to
develop new innovative products for diversified
application areas in these sectors. In the
end-user segment, for consumer electronics market
for magnetic sensors is anticipated to grow at
the highest CAGR during the forecast period. This
growth is attributed to its wide usage for
navigation purpose in smartphones as in the
modern day, almost every smartphone is integrated
with e-compass. In smartphones, e-compass acts as
a digital compass providing positioning of the
smartphone concerning Earths magnetic field
thus, facilitating the smartphone to sense the
precise direction.
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Magnetic Sensors Market Scope
By Component By Type By Application By Region Report Attributes
Hardware Software Services Milking Robots Harvesting Robots Drones Driverless Tractors Others Crop Management Irrigation Management Inventory Management Soil Management Dairy Management Others North America Europe Asia Pacific Latin America Middle East Africa Historic year 2015-2016 Base year 2017 Forecast Year 2018-2026 Revenue ((USD Million)
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Agricultural Robots Market Estimate Forecast to
2026
The different types of agricultural robots
include milking robots, harvesting robots,
drones, driverless tractors, and others. In 2017,
milking robots accounted for the largest share in
the global market. Milking robots are used as an
automated milking system in the dairy sector.
Lely Astronaut A4 milking machine by Lely is one
of the popular products available in the market
for milking applications. An innovative product
available in this category is Voyager robotic
fencer, which is developed by Lely. This robot is
used as an automated grazing control system for
dairy cows.   The leading companies profiled in
the Agricultural Robots Market report include AG
Leader Technology, AGCO Corporation, Harvest
Automation, Inc., Drone Deploy, Agribotix LLC,
Deere Company, Boumatic Robotics, B.V., Topcon
Positioning Systems, Inc., Autonomous Solutions,
Inc., GEA Group, CLAAS KGaA mbH, and CNH
Industrial. These companies launch new products
and collaborate with other market leaders to
innovate and launch new products to meet the
increasing needs and requirements of
consumers.


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Agricultural Robots Market Size
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