5 Major Agriculture Precision Robot Companies in the World, 2022

Agriculture precision robots are based on precision agriculture. Precision agriculture is a concept and theory pertaining to farming management. It mainly involves managing, and, responding to agriculture. Agriculture precision robot is mainly based on technology and is a very wide field. This very developing industry has a lot of scope in the market. Many other technologies and innovations are implemented into precision agriculture.

Some of the various innovations include plant genetics, and, plant and soil sensors which are very helpful in increasing the efficiency and effectiveness of precision agriculture. Due to the varying conditions of weather, price of the crops and availability of water, and other necessary requirements sometimes the farmers find it very difficult to grow crops. In order to solve these problems, agriculture precision robots are programmed to execute a highly accurate set of instructions which can enable the farmers to carry out their tasks easily.

According to a research study by Business Research Insights, the global market for agriculture precision robots is projected to rise at a CARG of 33.5% during the forecast period. In the year 2020, the market was valued at USD 3.209 billion, and the value in the year 2027 is expected to be USD 2.4770 billion.

Business Research Insights Presents the Top 5 Prominent Players in the Agriculture Precision Robot Industry

1. John Deree (U.S.)

John Deere is an American corporation that is considered as a leading producer as well as a leading manufacturer of agricultural equipment, tools, and, machinery. It is headquartered in Illinois, United States. It is a public company founded in the year 1837. The company has many subsidiaries and clients all over the world.

2. Trimble (U.S.)

Trimble is based in California, United States. It is mainly a technology and hardware related company and also involves other services like geospatial, building and construction, and agriculture. It was founded in the year 1978 by Charles Trimble and employs almost 11,931 employees.

3. AGCO (U.S.)

AGCO is a company which is attributed as a leader in the designing, production, manufacturing, and distribution of agriculture machines and equipments. It is headquartered in Duluth, Georgia, United States. Some of the important products of AGCO include hay tools, tractors, forgers, self-propelled sprayers, tillage equipments, seeding, and farming technologies. It was founded in the year 1990 by Allis Chalmers and Deutz Allis.

4. DeLaval (Sweden)

DeLaval is a company which is based in Sweden. This company mainly focusses on producing dairy as well as agricultural products and machineries. It is an integral part of the Tetra Laval group. The headquarters of the company is situated in Tumba. 18 main factories are present worldwide and has employees over 4500. It was established in the year 1870 by Gustaf De Laval.

5. Lely (Netherlands)

Lely is a Dutch company involved in manufacturing agricultural machines. It is headquartered in Maassluis, Netherlands. Lely is a private company which was founded in the year 1948. It was founded by Cornelis van der Lely and Arij van der Lely.

COVID-19 and its Impact on Agriculture Precision Robots Adoption

COVID-19 created much havoc in all industries bringing the entire global economy down. The lockdowns and social distancing norms acted as the major barriers for every industry. Agriculture precision robots also faced the same problem.

The major problem caused during the pandemic was a disruption in the supply chain. This was caused due to the shortage in the supply of the equipment. As a result, the agriculture precision robot market witnessed a steep decline in sales. However, this has created a way for the key industry players to find new opportunities and make new innovations in the market. Wireless platforms and real-time decision-making are new trends emerging in the market.

Increasing Use of Smart Phones and Growing Demand for Food Will Continue to Propel the Market Growth

Smartphones have become the necessity of the hour. Every person has a smartphone and the same device could act as a potential medium to increase market growth. Compatible applications are being introduced that can help in communicating with the farmers. Also, the demand for food is growing with the growing population. All of these factors have collectively created a robust demand for the agriculture precision robot market.