South America Agricultural Robots & Mechatronics Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 13.10 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Agricultural Robots & Mechatronics Market Analysis
South America Agricultural robots and mechatronics market is estimated to register a CAGR of 13.1% during the forecast period (2020 - 2025). A decline in the number of farm labor, a growing population, and the need for high crop productivity are the main driving forces of the market. Even though the market is in its early stages, the research is progressing rapidly and over the coming years, a wide variety of solutions may come into existence boosting the overall growth of the market.
South America Agricultural Robots & Mechatronics Market Trends
This section covers the major market trends shaping the South America Agricultural Robots & Mechatronics Market according to our research experts:
Growth of Precision farming Drives the Market
Precision farming includes the usage of the latest technology such as IoT, software, robots, etc. Precision farming is becoming increasingly popular in South American agriculture, acting as a prime driver of the agricultural robots and mechatronics market in the country. Brazil and Argentina are the leading countries in terms of precision farming adoption. In brazil, Precision farming is used mainly in agricultural operations such as Fertilization, harvesting, spraying, and irrigation,
Labor Shortage Drives the Market
Labor availability is one of the major problems faced by the agriculture sector in many South American countries leading to the adoption of the latest farm mechanization tools. Large landholding farmers in countries like Brazil and Argentina started using Robotic agricultural tools for their agricultural operations. Unmanned aerial vehicles are increasingly being used to spray pesticides and biological control agents on Brazilian farms. Usage of UAVs increases the efficiency of work by using zero labor and completing the task in a short time.
South America Agricultural Robots & Mechatronics Industry Overview
South America Agricultural Robots and Mechatronics Market are slightly fragmented with the major players holding a small share. AGCO, Autonomous Solutions (ASI), Autonomous Tractor Corporation, CLAAS are some of the leading players in the region. New product launches, mergers & acquisitions, and partnerships are the major strategies adopted by these leading companies in the market.
South America Agricultural Robots & Mechatronics Market Leaders
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AGCO Corporation.
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Autonomous Solutions Inc.
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CLAAS KGaA mbH
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Trimble Inc.
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Deere & Company
*Disclaimer: Major Players sorted in no particular order
South America Agricultural Robots & Mechatronics Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Product Type
- 5.1.1 Autonomous Tractors
- 5.1.2 Unmanned Aerial Vehicles
- 5.1.3 Milking Robots
- 5.1.4 Other Types
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5.2 Application
- 5.2.1 Crop Production
- 5.2.2 Animal Husbandry
- 5.2.3 Forest Control
- 5.2.4 Other Applications
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5.3 Geography
- 5.3.1 Brazil
- 5.3.2 Argentina
- 5.3.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 AGCO Corporation.
- 6.3.2 Autonomous Solutions Inc.
- 6.3.3 CLAAS KGaA mbH
- 6.3.4 Trimble Inc.
- 6.3.5 Deere & Company
- 6.3.6 Autonomous Tractor Corporation
- 6.3.7 CNH Industrial
- 6.3.8 GEA Group
- 6.3.9 Harvest Automation
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19
** Subject To AvailablitySouth America Agricultural Robots & Mechatronics Industry Segmentation
Agriculture robots and mechatronic solutions are primarily used to ease agricultural operations with high-level accuracy. The main objective of the report is to give an in-depth view of the robots and mechatronics market in South American agriculture. The market is segmented by type and application.
Product Type | Autonomous Tractors |
Unmanned Aerial Vehicles | |
Milking Robots | |
Other Types | |
Application | Crop Production |
Animal Husbandry | |
Forest Control | |
Other Applications | |
Geography | Brazil |
Argentina | |
Rest of South America |
South America Agricultural Robots & Mechatronics Market Research FAQs
What is the current South America Agricultural Robots and Mechatronics Market size?
The South America Agricultural Robots and Mechatronics Market is projected to register a CAGR of 13.10% during the forecast period (2024-2029)
Who are the key players in South America Agricultural Robots and Mechatronics Market?
AGCO Corporation., Autonomous Solutions Inc., CLAAS KGaA mbH, Trimble Inc. and Deere & Company are the major companies operating in the South America Agricultural Robots and Mechatronics Market.
What years does this South America Agricultural Robots and Mechatronics Market cover?
The report covers the South America Agricultural Robots and Mechatronics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Agricultural Robots and Mechatronics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Agricultural Robots and Mechatronics Industry Report
Statistics for the 2024 South America Agricultural Robots and Mechatronics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Agricultural Robots and Mechatronics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.