LATIN AMERICA AGRICULTURAL ROBOTS MARKET 2022-2028

Agriculture | Agriculture Equipment

LATIN AMERICA AGRICULTURAL ROBOTS MARKET 2022-2028

Market by Type, Application, and Country Outlook | Forecast 2022-2028

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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

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Table of Content

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

2.4.1. COST EFFICIENCY

2.4.2. DURABILITY

2.4.3. TIME CONSUMPTION

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

2.9.1. SHORTAGE OF LABOR

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

List of Tables

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)

List of Figures

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)

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