GCC Agricultural Robots Market 2020 Professional Survey, Growth Factors, Size, Shares, Opportunity Analysis and Forecast to 2027

According to our latest market study on “Agricultural Robots Market to 2027 – COVID-19 Impact and GCC Analysis and Forecast, by Component (Hardware, and Software &and Services); Product (Unmanned Aerial Vehicles, Driverless Tractors, Milking Robots, Automated Harvesting Systems, and Other); Application (Field Farming, Precision Agriculture, Dairy Management, Soil Management, Crop Management, and Other); and Country “ this market was worth US$ 167.4 Mn in 2019 and is expected to reach US$ 389.1 Mn by 2027; it is projected to grow at a CAGR of 11.3% from 2020 to 2027. The report highlights key factors driving the market growth along with the prominent players and their developments in the market.

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Agriculture is anticipated to evolve as a high-tech industry in the coming years where interconnected systems would be benefited by advancements in artificial intelligence and Big Data. The resulting systems would converge into a single unit, in which farm machinery and management would be combined, encompassing all the stages from seeding to production forecasting. By incorporating advanced technologies such as agricultural robots, Big Data, and artificial intelligence in cloud computing, agriculture can create a new era of superfusion. A few of the key technologies and methods that must be applied before focusing on achieving sustainable future farming are given below:

Wireless sensors and IoT
Power consumption and renewable energy usage
Microgrids and smart grids
Hydroponics and vertical farming (VF)

With the rapid population growth, along with economic development in the GCC region, food security is one of the major concerns. Arid conditions in these countries act as a major restraint for the expansion of agriculture activities. More than 90% of the total land is uncultivable, which results in increased dependency on external resources. Further, the GDP contribution of the agricultural sector in the UAE, Qatar, and Kuwait is below 1%; in Saudi Arabia and Oman, the contribution is 2%; and in Bahrain, the contribution is almost negligible. All these countries have marginal agricultural conditions, i.e., they are characterized by poor soil quality, high temperatures, and low annual rainfall. Further, GCC countries are extremely vulnerable to water scarcity, salinity, and climate change.

Growing Population and Increasing Labor Shortage are Encouraging Automation

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 the 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 by increasing labor shortages and growing demand for food with a 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 the GCC agricultural robots market.

Component-Based Insights–GCC Agricultural Robots Market

The GCC agricultural robots market based on components segmented into hardware, and software and services. The hardware segment led the GCC agricultural robots market in 2019.

Product-BasedInsights- GCC Agricultural Robots Market

On the basis of product, the GCC agriculture robots market is segmented into unmanned aerial vehicles, driverless tractors, milking robots, automated harvesting systems, and others. The milking robots segment led the GCC agricultural robots market in 2019.

Application-Based Insights- GCC Agricultural Robots Market

On the basis of application, the GCC agricultural robots market is segmented into field farming, precision agriculture, dairy management, soil management, crop management, and others. The dairy management segment led the GCC agricultural robots market in 2019.

Some of the companies competing in the GCC Agricultural Robots Market are 

SZ DJI Technology Co, Ltd.
GEA Group
Topcon Corporation
Trimble Inc.
Yanmar Holdings Co., Ltd.

Segmentation

The GCC Agricultural Robots Market has been segmented on the basis of different aspects. The market is also segmented according to region. The GCC Agricultural Robots Market has been segmented into Latin America, North America, Asia Pacific, Europe, and the Middle East & Africa on the basis of region

Research Methodology

The report has its roots definitely set in thorough strategies provided by the proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provides a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as SEC filings, annual reports, and white papers have been used by data analysts for an insightful understanding of the market. The research methodology clearly reflects an intent to extract a comprehensive view of the market by having it analyzed against many parameters. The valued inputs enhance the report and offer an edge over the peers.

Drivers & Constraints

The GCC Agricultural Robots Market rests united with the incidence of leading players who keep funding to the market’s growth significantly every year. The report studies the value, volume trends, and the pricing structure of the market so that it could predict maximum growth in the future. Besides, various suppressed growth factors, restraints, and opportunities are also estimated for the advanced study and suggestions of the market over the assessment period.

GCC Agricultural Robots Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

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