TechNavio's analysts forecast the Global Agricultural Robot market to grow at a CAGR of 14.47 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased interest in robotics shown by governments. The Global Agricultural Robot market has also been witnessing the development of specific-purpose robots. However, the uncertainties in certain tasks could pose a challenge to the growth of this market.
TechNavio's report, the Global Agricultural Robot Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Agricultural Robot market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Honda Motor Co. Ltd., iRobot Corp., GeckoSystems Intl. Corp. and AB Electrolux.
The other vendors mentioned in the report are Fujisoft Inc., Yujin Robotic Co. Ltd., Harvest Automation Inc., Lely Industries N.V., DeLaval Inc., Fullwood Ltd., and GEA Farm Technologies
Key questions answered in this report:
What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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TechNavio's research portfolio in the Engineering series includes reports on the CAM Market, GIS Market, CAD Market, Construction Equipment Market, MES Market, PLM Market, CAE Market, FEA Market, PDM Market, AEC Software Market
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01. Executive Summary
03. Market Coverage
04. Market Landscape
04.1 Market Size and Forecast
04.2 Unit Shipment Forecast
04.3 Market by Application
04.4 Livestock Management Segment Forecast
04.5 Cattle Feeding Segment Forecast
04.6 Cleaning Segment Forecast
04.7 Wildlife Conservation Segment Forecast
04.8 Five Forces Analysis
05. Geographical Segmentation
06. Vendor Landscape
07. Market Growth Drivers
08. Drivers and their Impact
09. Market Challenges
10. Impact of Drivers and Challenges
11. Market Trends
12. Key Vendor Analysis
12.1 Honda Motor Co. Ltd.
12.2 iRobot Corp.
12.3 GeckoSystems Intl. Corp.
13. Other Reports in this Series
List of Exhibits:
Exhibit 1: Global Agricultural Robot Market 2012-2016 (US$ billion)
Exhibit 2: Global Agricultural Robot Market 2012-2016 by Unit Shipment (units in thousands)
Exhibit 3: Global Agricultural Robot Market by Application Segmentation
Exhibit 4: Global Agricultural Robot Market by Application Segmentation 2012
Exhibit 5: Livestock Management Segment Forecast 2012-2016 (US$ billion)
Exhibit 6: Cattle Feeding Segment Forecast 2012-2016 (US$ billion)
Exhibit 7: Cleaning Application Segment Forecast 2012-2016 (US$ billion)
Exhibit 8: Wildlife Conservation Segment Forecast 2012-2016 (US$ billion)
Exhibit 9: Global Agricultural Robot Market by Geographical Segmentation 2012
Exhibit 10: Major Vendors in the Global Service Robotics Market
TechNavio Announces the Publication of its Research Report - Global Agricultural Robot Market 2012-2016
TechNavio today launched its report, Global Agricultural Robot Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers' understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio's Engineering team said: ''The Global Agricultural Robot market is witnessing increased investments owing to the development of new, enhanced, and technologically advanced robots. Several major vendors and startup companies are increasingly investing in developing robots for agricultural purposes in order to gain the first-mover advantage. Governments are showing increased interest in the development of the Robotics industry by funding investments, thus having a huge positive impact on the growth of the market.''
According to the report, the need among farmers to increase productivity is one of the major drivers of the market, and its impact on the market is expected to continue till 2020. Unlike humans, robots can work for a long period of time and maintain consistency and accuracy throughout. They can perform the work more quickly than a human, thus enhancing productivity. For instance, the adoption of milking robots, rice-planting robots, and robots involved in other labor-intensive activities such as moving pots and shrubs is increasing at a good rate, and they are expected to witness increased adoption during the forecast period.
Further, the report reveals that one of the major challenges in the Global Agricultural Robot market is the complexities involved in agricultural work.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Honda Motor, iRobot, GeckoSystems Intl., AB Electrolux, Fujisoft, Yujin Robotic, Harvest Automation, Lely Industries, DeLaval, Fullwood, and GEA Farm Technologies
Note: Product cover images may vary from those shown