ICT RESEARCH REPORTS Agriculture-Robots-Market | Page 2

In addition to this, another major application of robots in agriculture is horticulture.
Manufacturers are focusing on launching products for application in horticulture. This is another
factor for aiding in growth of the market. For instance, Harvest Automation Inc. manufactures
RV100, which is designed to organize and handle plants including collection of plants, spraying,
and monitoring. Driverless sprayer, driverless tractors, and fruit picking robots can be utilized to
automate manual work such as washing.
However, high initial investment cost and lack of technical awareness in agricultural robotics
technology are two major factors expected to restraint growth of the global agriculture robots
market over the forecast period.
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Agriculture Robots Market: Regional Insights
The global agriculture robots market is segmented on the basis of regions into North America,
Europe, Asia Pacific, Latin America, and Middle East, and Africa. The market for agriculture robots
in North America accounted for the largest share of global agriculture robots market in 2016. This
growth is attributed to the presence of global players in the region is another factor for growth of
the market. Deere & Company, Trimble, Inc., Ag Junction, Inc., and AGCO Corporation, are the key
global players present in the U.S., which is expected to have a positive impact on regional
agriculture robots market.
According to International Federation of Robotics Organization (IFR), Mexico is an important
emerging market for industrial robots. From 2014, robot sales doubled, to about 5,500 units in
2015, by far the highest sales volume registered in the country. In Canada, robot sales surged by
49% to about 3,500 units in 2015 with compared to 2014. In 2015, robot sales in Brazil recovered
by 11% to 1,400 units compared to 2014.
Agriculture Robots Market: Competitive Background
Major players operating in the global agriculture robots market include Deere & Company,
Trimble Inc., Agco Corporation, Agjunction, Inc., DJI, Boumatic Robotics, B.V., Lely Holding S.À.R.L,
AG Leader Technology, Topcon Positioning Systems, Inc., AG Eagle LLC, Agribotix LLC, and
Autocopter Corp.
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