Europe Agricultural Robots Market 2022-2028
MARKET OUTLOOK
Triton Market Research’s study of the agricultural robots market in Europe anticipates it to grow with a 20.30% CAGR over the forecasting period 2022-2028. France, Germany, Italy, Spain, the United Kingdom, and Rest of Europe are the countries evaluated across the region.
The agricultural practices in the United Kingdom are growing rapidly, thereby contributing to the country’s economy. This has led to the entrance of several key players who are launching various technologies and centers. For instance, CNH Industrial launched a tractor and an aircraft to be used in the agricultural sector. Also, Small Robot Company developed robots named Tom, Dick, and Harry responsible for mapping weed and enabling targeted follow-up in fields. Further, with the collaboration of the three universities, namely the University of Lincoln, the University of Cambridge, and the University of East Anglia, the region also launched the first Center for Doctoral Training (CDT). This center will be used for agri-food robotics training, fueling the agricultural robots market’s growth.
In Italy, companies like Spektra Agri – Vantage Italia provide technological solutions, from hardware to software, that help overcome the agriculture supply chain challenges. Additionally, XFarm, a company producing farm management solutions, provides its product xSense to the industry. It is an IoT-based sensor collecting farm data related to crop activities, treatments etc., at regular intervals and loading the data in xFarm software that further analyzes crop health and provides insights regarding suitable remedies to farmers. Using such sensors will reduce manual work and provide quality results boosting the agricultural sector, thereby leading to the studied market’s growth.
COMPETITIVE OUTLOOK
The established firms in the market are AGCO Corporation, Harvest Automation, CNH Industrial, Robotics Plus Ltd, EcoRobotix, Agrobot, Precision AI, PrecisionHawk Inc, Trimble Inc, and Deere & Company.
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