Market by Type, Application, and Country Outlook | Forecast 2022-2028
Triton Market
Research’s report states that, Latin America’s agricultural robots market is
estimated to grow with a CAGR of 19.35% over the forecasting period 2022-2028.
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The
countries analyzed in this region include:
• Brazil
• Mexico
• Rest of Latin America
In Latin America, with
the increase in population and food demand, the labor requirement has also
increased. Due to shortage of labor, companies are now offering robotic
machines for accomplishing the tasks previously performed by laborers. However,
the maintenance of robots requires skilled labor and high cost. A failure or
delay in maintenance would impact the robot’s operations and production. These
are some factors acting as a challenge to the industry.
In Mexico, the market
is driven by the emergence of various technologies and startups. Luxelare, a
startup venture, offers an integrated unmanned ariel vehicle system and
software platform for farm data collection and analytics. The drone launched by
the company is named “LX-AP.” It is a 1.7 kg system that can fly at a maximum
speed of 130 km/h and perform a 40-minute autonomous flight. Precision farming solutions
are built using the SGS Precision Gateway and IoT platforms. They use
technology to ensure that crops and soils receive the necessary inputs (water,
nutrients, and pesticides) for optimal health and productivity.
Brazil has increased
its agricultural production with the help of research and innovation. With the
advent of technology, the country’s startups have helped in boosting the market
growth. Solinftec provides automated solutions for agricultural logistics
processes. TerraMagna provides satellite imaging services for the agriculture
industry. And Taranis provides crop protection solutions, including aerial
imagery solutions, analysis, and insights to analyze crop threats and crop
field comparisons.
UAVs or drones are “unmanned
aerial vehicles.” They help collect real-time data and provide farmers with
cost-efficient and time-saving solutions. With the introduction of UAVs/drones
in the agriculture segment, irrigation-related problems, soil variation issues,
and fungal & pest infestations can be solved. Further, updates about water
access, changing climate, wind, soil quality, the presence of weeds and
insects, etc., can be monitored through these machines. For instance, American
Robotics offers automated drones to farmers, to ease their work in the fields. The
studied report assesses the market’s growth according to type and application.
Here, the type segment comprises UAVs/drone,
automated harvesting systems, driverless tractors, milking robots, and other
types.
Leading
companies in the market include CNH Industrial,
BouMatic Robotics BV, PrecisionHawk Inc, Naïo Technologies, Agrobot, Harvest Automation,
Rowbot, EcoRobotix, and Precision AI.
Founded in 1978, Trimble
Inc is a leading IT services and consulting company offering various hardware
and software services to its customers. The company caters to various
industries, such as agriculture, construction, geospatial, government,
infrastructure, natural resources, transportation and utilities. Further, the
company offers various products incorporated with analytics, autonomy,
connectivity, modeling and positioning. Out of these, one of the products is an
integrated harvesting solution that brings automation, innovation, and enhanced
return of investment to the farming operation with innovative technologies,
including in-field guidance, yield monitoring, and real-time crop analysis.
Key deliverables of the report:
·
Market
CAGR during the forecasting years 2022-2028
·
Detailed
data highlighting key insights, industry components, and market strategies
·
Comprehensive
information and estimation of the agricultural robots market revenue growth in
Latin America and its influence on the parent market
·
In-depth
study of forthcoming trends in consumer behavioral patterns
·
A
meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s
Five Forces Model
·
A
wide-ranging study of factors that will challenge the Latin America
agricultural robots market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
1. LATIN
AMERICA AGRICULTURAL ROBOTS MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE AGRICULTURAL ROBOTS MARKET
2.2. KEY
INSIGHTS
2.2.1. AI
INTEGRATION WITH AGRICULTURAL ROBOTS
2.2.2. PRODUCT
LAUNCH - SIGNIFICANT MARKET STRATEGY
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
IMPACT ANALYSIS
2.4.2. DURABILITY
2.4.4. TECHNOLOGY
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
COMPONENTS
2.8. KEY
MARKET STRATEGIES
2.8.1. ACQUISITION
2.8.2. PRODUCT
LAUNCH
2.8.3. ALLIANCE
2.9. MARKET
DRIVERS
2.9.2. NEED FOR PROTECTING CROPS FROM EXCESSIVE PESTICIDE USE
2.9.3. RISING
DEMAND FOR COST-EFFECTIVE SOLUTIONS
2.10. MARKET
CHALLENGES
2.10.1. EXPENSIVE
MAINTENANCE OF ROBOTS
2.10.2. HIGH
COST OF ROBOTICS SOFTWARE
2.10.3. TECHNICAL
LIMITATIONS
2.11. MARKET
OPPORTUNITIES
2.11.1. INCREASED FOOD DEMAND DUE TO RISING POPULATION
2.11.2. ACQUISITION
BY KEY PLAYERS
3. LATIN
AMERICA AGRICULTURAL ROBOTS MARKET OUTLOOK - BY TYPE
3.1. UAVs/DRONE
3.2. MILKING
ROBOT
3.3. AUTOMATED
HARVESTING SYSTEM
3.4. DRIVERLESS
TRACTOR
3.5. OTHER
TYPES
4. LATIN
AMERICA AGRICULTURAL ROBOTS MARKET OUTLOOK - BY APPLICATION
4.1. HARVEST
MANAGEMENT
4.2. DAIRY
AND LIVESTOCK MANAGEMENT
4.3. CROP
PRODUCTION
4.4. OTHER
APPLICATIONS
5. LATIN
AMERICA AGRICULTURAL ROBOTS MARKET – COUNTRY OUTLOOK
5.1. BRAZIL
5.2. MEXICO
5.3. REST
OF LATIN AMERICA
6. COMPETITIVE
LANDSCAPE
6.1. AGCO
CORPORATION
6.2. AUTONOMOUS
SOLUTIONS INC
6.3. CNH
INDUSTRIAL
6.4. DEERE
& COMPANY
6.5. LELY
HOLDINGS SARL
6.6. TRIMBLE
INC
6.7. BOUMATIC
ROBOTICS BV
6.8. PRECISIONHAWK
INC
6.9. NAÏO TECHNOLOGIES
6.10. AGROBOT
6.11. HARVEST
AUTOMATION
6.12. ROWBOT
6.13. ECOROBOTIX
6.14. ROBOTICS
PLUS LTD.
6.15. PRECISION
AI
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF ACQUISITIONS
TABLE 4: LIST OF PRODUCT
LAUNCHES
TABLE 5: LIST OF ALLIANCES
TABLE 6: SUCCESSIVE
ACQUISITIONS IN THE AGRICULTURAL ROBOTS MARKET
TABLE 7: EXAMPLES OF THE
COMPANIES OFFERING HARVEST MANAGEMENT PRODUCTS
TABLE 8: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 9: LATIN AMERICA AGRICULTURAL
ROBOTS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
FIGURE 1: KEY BUYING IMPACT
ANALYSIS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY COMPONENTS
FIGURE 4: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 5: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, BY UAVs/DRONE, 2022-2028 (IN $ MILLION)
FIGURE 6: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, BY MILKING ROBOTS, 2022-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, BY AUTOMATED HARVESTING SYSTEM, 2022-2028 (IN $
MILLION)
FIGURE 8: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, BY DRIVERLESS TRACTOR, 2022-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA AGRICULTURAL
ROBOTS MARKET, BY OTHER TYPES, 2022-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 11: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, BY HARVEST MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, BY DAIRY AND LIVESTOCK MANAGEMENT, 2022-2028 (IN $
MILLION)
FIGURE 13: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, BY CROP PRODUCTION, 2022-2028 (IN $ MILLION)
FIGURE 14: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 15: LATIN AMERICA
AGRICULTURAL ROBOTS MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 16: BRAZIL AGRICULTURAL
ROBOTS MARKET 2022-2028 (IN $ MILLION)
FIGURE 17: MEXICO AGRICULTURAL
ROBOTS MARKET 2022-2028 (IN $ MILLION)
FIGURE 18: REST OF LATIN
AMERICA AGRICULTURAL ROBOTS MARKET 2022-2028 (IN $ MILLION)