yield . Industrialization growth of the agriculture sector in countries such as India , China is likely to spur the growth of driverless tractors .
On the basis of application , market has been segmented as dairy management , field farming , soil management , and crop management . The growth of field robot deployment for fertilizing and weeding has anticipated to spur the global market for soil management segment . However , increasing awareness of farmers for software solutions available for field surveys and data analytics are few reasons to increase market for crop management application .
Key Players :
Global key players include AGCO Corporation , BouMatic Robotics B . V ., Autonomous Solutions Inc . and Agribotix LLC . Vertical integration and licensing of technologies are the common strategies adopted by the industry to enhance their market presence . Other vendors in the market include Fullwood AB Electrolux , SAC , Blue River , Harvest Automation , GEA Farm Technologies , GeckoSystems , and Agrobot . In April 2017 , AGCO Corporation launched MARS — Mobile Agricultural Robot Swarms , which are equipped with its own integrated planting units working in efficient and effective way to reduce manpower .
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On the regional basis , North America is expected to contribute majorly owing to the highly adaptive consumers for new technology . The approvals from Federal Aviation Administration in the region have encouraged the application of products such as drones with improved imaging capabilities for better crop yield . The European nations have restructured the regulations for drone operations , which anticipates the growth in the region over the forecast period . The industrialization of the agriculture sector and increasing venture capitals are expected to create positive impact on the segment demand .
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