Global 2021 GCC Agricultural Robots Market Size Trends & Forecast to 2027- Industry Analysis by Regions, Type and Applications
The GCC agricultural robots market was valued at US$ 167.4 Mn in 2019 and is estimated to reach US$ 389.1 Mn by 2027; it is expected to grow at a CAGR of 11.3% from 2019 to 2027. However, the market is projected to experience a dip in the growth rate during 2020 due to the impact of COVID-19 pandemic on the industry.
In over 30 years, the world population is projected to grow from 7.7 billion to 9.7 billion owing to which food consumption is predicted to increase significantly. Traditional methods, however, are not sufficient to address this upsurge. Moreover, the younger generation does not foresee farming as an attractive profession, and immigration policies across the world make it challenging to get migrant workers. Therefore, a new breed of robotic staff is being deployed in the farms, including systems ranging from UAVs to driverless cars. Agricultural robots minimize he costs incurred by farmers’ wages. Moreover, humans have limited working hours, while robots can work all day, year round. Thus, agricultural robots are becoming commonplace for farmers owing to barriers caused with increasing labor shortage and growing demand for food with rising population. Further, agricultural robots contribute in many ways—economically (e.g., growing and harvesting efficiently and cost-effectively), ecologically (e.g., reducing and eliminating chemical use while ensuring soil health), and ethically (e.g., increasing animal welfare through monitoring and early intervention). Thus, the growing population and increasing labor shortage that encourage the adoption of automation are among the major factors driving the growth of GCC agricultural robots market.
The key players profiled in the GCC Agricultural Robots Market research study includes:
- SZ DJI Technology Co, Ltd.
- GEA Group
- Topcon Corporation
- Trimble Inc.
- Yanmar Holdings Co., Ltd.
Get Sample Copy in PDF which includes TOC, Tables, and Figures & much more, Click Here @
Since, the key findings in the GCC Agricultural Robots Market research reports highlight crucial progressive industry trends, it allows the companies across the value chain to develop effective long-term strategies. The clients get to understand a clear picture of the competitors and can develop strategies and modify business expansion plans accordingly. The GCC Agricultural Robots Market research reports cover thousands of global players that based on several parameters, such as company revenue, product portfolio, and geographic presence.
The Insight Partners adheres to the codes of practice of the Market Research Society and Strategic and Competitive Intelligence Professionals. The following methodology has been followed for the collection and analysis of data presented in this report:
The objective of updating “The Insight Partners” coverage is to ensure that it represents the most up-to-date vision of the industry possible. The estimated revenues of all major companies, including private and governmental, are gathered and used to prioritize coverage. Companies which are making the news, or which are of particular interest due to their innovative approach, are prioritized.
The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information relating to each Market. The secondary research sources that are typically referred to include, but are not limited to:
- Company Websites, Annual Reports, Financial Reports, Broker Reports and Investor Presentations
- Industry Trade Journals and Other Literature
- National Government Documents, Statistical Databases and Market Reports
- News Articles, Press Releases and Web-Casts Specific to the Companies Operating in the Market
NOTE: All the financials considered in Company Profile’s section have been standardized to US$. This has been achieved after converting the financials (for those not in US$) with respective currency exchange rates of the particular year.
“The Insight Partners” conducts hundreds of primary interviews a year with industry participants and commentators in order to validate its data and analysis. A typical research interview fulfils the following functions:
- Provides First-Hand Information on the Market Size, Market Trends, Growth Trends, Competitive Landscape and Future Outlook
- Validates and Strengthens Secondary Research Findings
- Further Develops the Analysis Team’s Expertise and Market Understanding
Directly Purchase a copy of this research study @: https://www.theinsightpartners.com/buy/TIPRE00010495
Primary research involves email interactions and telephone interviews for each market, category, segment and sub -segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry Participants: VPs, Business Development Managers, Market Intelligence Managers and National Sales Managers
- Outside Experts: Valuation Experts, Research Analysts and Key Opinion Leaders Specializing in the Industry
The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get value of their money along with better quality data and analysis.
Our research content is majorly focused towards market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis etc. We provide detailed break-up of segmentation in terms of geography, technology, product and services etc.; which helps our clients to get a deeper analysis on various research topics.
If you have any queries about this report or would like further information, please contact us:
North America: +1 646 491 9876
Asia-Pacific: +91 20 6727 8686
Qualcomm is developing its own gaming smartphone