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Impact of Covid-19 on GCC Agricultural Robots Market 2019-2027

GCC agricultural robot market was valued at US$ 167.4 Mn in 2019 and is estimated to reach US$ 389.1 Mn by 2027; it is expected to grow at a CAGR of 11.3% from 2019 to 2027.

By SMN Bureau
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The GCC Agricultural Robots Market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

The GCC agricultural robot market was valued at US$ 167.4 Mn in 2019 and is estimated to reach US$ 389.1 Mn by 2027; it is expected to grow at a CAGR of 11.3% from 2019 to 2027.

The growth of the IoT industry has revolutionized the agriculture industry, which depends mainly on technology, electronics, and physical and biological sciences. In addition, increasing labor prices and untrained labor have also encouraged farmers to use a cost-effective approach to improve productivity. Moreover, robotic systems with vision systems and sensors may be specially built to assess the location and ripeness of the crops that need to be harvested.

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Agricultural robots minimize he 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 with increasing labor shortage and growing demand for food with 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).

These factors are expected to offer broad growth opportunities in Electronics and Semiconductor industry and this is expected to cause the demand for Agricultural Robots in the market.

Business Market Insights reports focus upon client objectives, use standard research methodologies and exclusive analytical models, combined with robust business acumen, which provides precise and insightful results.

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GCC Agricultural Robots Market

By Component

  • Hardware
  • Software and Services

By Product

  • Unmanned Aerial Vehicles
  • Driverless Tractors
  • Milking Robots
  • Automated Harvesting Systems
  • Other

By Application

  • Field Farming
  • Precision Agriculture
  • Dairy management
  • Soil Management
  • Crop Management
  • Other

By Country

  • Saudi Arabia
  • UAE
  • Qatar
  • Rest of GCC

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Based in New York, Business Market Insights is a one-stop destination for in-depth market research reports from various industries including Technology, Media & Telecommunications, Semiconductor & Electronics, Aerospace & Defense, Automotive & Transportation, Biotechnology, Healthcare IT, Manufacturing & Construction, Medical Device, and Chemicals & Materials. The clients include corporate and academic professionals, consulting, research firms, PEVC firms, and professional services firms.

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Tags US Agricultural Robots Market US Agricultural Robots Market 2027 US Agricultural Robots Market Forecast US Agricultural Robots Market Growth

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