Automation in Agriculture Market – Recent Developments in the Market’s Competitive Landscape AGCO Corporation, AgEagle Aerial Systems, Inc., AgJunction, American Robotics, Inc.

With the skills shortage and climatic changes that are harming present crop yields, the farmers are tending toward the adoption of technologies, especially in automation, for increasing their efficiency. The increasing interest in technology and automation is ostensible in venture capital investments for agritech startups. These startups are increasingly addressing every aspect of the agriculture value chain. Few startups place remote sensors in the fields to gather hyper-local data about rising conditions while others are focusing on creating software for managing seed, fertilizer, soil, and irrigation, and make estimates about timing and yield. A rising group of companies is further working on agricultural robotics to develop autonomous tractors and even fruit & vegetable picking robots.

The “Global Automation in Agriculture Market Analysis to 2027” is a specialized and in-depth study of the telecom industry with a special focus on the global market trend analysis. The report aims to provide an overview of automation in agriculture market with detailed market segmentation by offering, product, application, and geography. The global automation in agriculture market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automation in agriculture market players and offers key trends and opportunities in the market.

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The reports cover key developments in the automation in agriculture market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from automation in agriculture market are anticipated to lucrative growth opportunities in the future with the rising demand for automation in agriculture in the global market. Below mentioned is the list of few companies engaged in the automation in agriculture market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.

  •  AGCO Corporation
  •  AgEagle Aerial Systems, Inc.
  •  AgJunction
  •  American Robotics, Inc.
  •  Deere and Company
  •  DeLaval
  •  Ecorobotix
  •  Rabbit Tractor
  •  Topcon Corporation
  •  Trimble Inc.

 

The report analyzes factors affecting automation in agriculture market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the automation in agriculture market for each region.

The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Electronics and Semiconductor, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Industrial Furnaces market globally.

Reasons to Buy the Report:

  • Learn about the driving factors, affecting the market growth.
  • Imbibe the advancements and progress in the market during the forecast period.
  • Understand where the market opportunities lies.
  • Compare and evaluate various options affecting the market.
  • Pick up on the leading market players within the market.
  • Envision the restrictions and restrains that are likely to hamper the market.

 

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