Global Indoor Farming Robots Market

 

Global indoor farming robots market size was US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at a CAGR of 22.53% during forecast period.

The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.

Market Definition

Indoor farming robots are used to perform repetitive tasks of indoor farming such as harvesting and picking, autonomous mowing, pruning, seeding, spraying, thinning and plant inspection. Indoor farming is a process of growing plants or crops, typically on a large scale, entirely indoors.

Market Dynamics

The global indoor farming robots market research report provides the detailed analysis of the growth factors, restraints, challenges and future opportunities of the market and also covers the impact of COVID- 19 pandemic on the global market. The growing advanced technologies in the field of agricultural robotics automation is major driving factor behind the growth of market. Rising population and insufficient availability of suitable land for growing crops, limited availability of farm labour, surge in the demand for organic food across the globe and growing popularity and adoption of vertical farming in indoor agriculture are expected to improve the growth of market during forecast period. Indoor farming robots provides some major benefits such as flexibility to perform a variety of tasks, more consistency than human, increased production and profit margin, fewer errors and high speed of performing indoor farming tasks, which are ultimately propelling the growth of market.

However, high cost to buy indoor farming robots and need of timely maintenance to keep them running are major restraining factors that could hamper the growth of market. High cost of research and development and high energy cost could hinder the growth of market.

Global Indoor Farming Robots Market: Segmentation Analysis

Global Indoor Farming Robots Market1

By type, robot gripper segment held the largest market share in 2019 and is expected to maintain its dominance at CAGR of XX% during forecast period. Robot gripper is the part of robotic automation system which is used to hold, tighten, handle and release an object. It works similar as the human hands. The high adoption of robot grippers to harvest the target crops in indoor farming is driving the growth of market. Also design of the robot gripper is based on simplicity, effectiveness and low cost, which is further propelling the growth of market. Additionally, material handling robot segment held the second largest market share in 2019 and is projected to continue its growth at CAGR of XX% during forecast period. Growing demand of material handling robots in indoor farming to perform tasks such as movement of farming products is driving the growth of market. Robotic fodder is used in making fodder indoors without soil, fertilizer, or sunlight.

Global Indoor Farming Robots Market: Regional Analysis

Region wise, Europe held the largest market share in 2019 and is expected to maintain its dominance at CAGR of 21.43% during forecast period. The UK, Germany and France are major key contributors behind the growth of market. The growth is attributed to the limited availability of suitable land for growing crops and maximum availability of area under indoor farming.

Growing adoption of indoor vertical farming in the region and rising demand for organic food across the globe are driving the growth of market. Europe has developed advanced technologies in the field of indoor farming, which is ultimately propelling the growth of market in the region.

The objective of the report is to present a comprehensive analysis of the Global Indoor Farming Robots Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Indoor Farming Robots Market dynamics, structure by analyzing the market segments and projects the Global Indoor Farming Robots Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Indoor Farming Robots Market make the report investor’s guide.

For more information of visit:https://www.maximizemarketresearch.com/market-report/global-indoor-farming-robots-market/63451/
The Scope of Global Indoor Farming Robots Market

Global Indoor Farming Robots Market, By Type

• Robot Gripper
• Cutting Robot
• Robotic Fodder
• Material Handling Robot
• Incubators
• Monitoring Drones
• Others
Global Indoor Farming Robots Market, By Automation

• Semi-Autonomous
• Fully Autonomous
Global Indoor Farming Robots Market, By Application

• Fruits
• Vegetables
• Floriculture
Global Indoor Farming Robots Market, By Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Global Indoor Farming Robots Market, Key Players

• Iron-Ox
• OnRobot
• Visser Horti Systems BV
• FodderWorks
• Harvest Automation
• Root AI
• Javo
• FarmBot Inc
• Metomotion
This Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact info:
Name: Lumawant Godage
Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.
Email: sales@maximizemarketresearch.com
Address : Pune, Maharashtra 411051, India.
Contact: +919607195908

Comments

Post a Comment

Popular posts from this blog

Global Veterinary Medicine Market Type, Applications, Region, opportunities, Regional Trends, Outlook and Forecast 2027

  Global Veterinary Medicine Market Overview: The Global Veterinary Medicine   market study provides an in-depth analysis of the competition, including market share data and company profiles for the top international rivals. The research's scope covers a thorough analysis of the Global Veterinary Medicine   Market as well as the causes of regional differences in the industry's growth. Global Veterinary Medicine Market Size   was is expected to reach US$ 44.37 Bn. at a CAGR of 7.10% during the forecast period 2027. Global Veterinary Medicine Market Scope: Extensive primary research was conducted to acquire data and check and validate key figures once market engineering, which included market statistics computations, market size estimations, market projections, market breakdown, and data triangulation, was finished. Top-down and bottom-up strategies, as well as other data triangulation techniques, were frequently used throughout the market engineering process to conduct market es
Read more

Steering Knuckle Market opportunities, assessment, development and Forecast 2029

  One of the key problems impeding EPS adoption is the greater cost of steering knuckles. The absence of economies of scale, as well as the incomplete supply chain, are factors leading to the sluggish adoption of improved steering knuckles. However, it is hard to fix electrical automotive parts without specialist medical equipment and contemporary tools. Electronic power steering knuckles fail due to computer failure, sensor damage, or simple wear and tear, and the repair and maintenance costs are substantially more than with conventional steering knuckles. As a result, end-user demand for EPS has decreased, and steering knuckle adoption has been limited. Steering Knuckle Market Overview:  Maximize Market Research has recently introduced an all-encompassing report entitled " Steering Knuckle Market  2023-2029," strategically crafted as an invaluable resource for gaining profound insights into the competitive landscape of this market. This comprehensive study offers an essenti
Read more

Smart Transportation Market Size, Share, Opportunities, Top Manufacturers And Forecast 2029

  Increasing demand for smart transport and smart cities, as well as traffic management systems, ticket management systems, security surveillance systems, and cloud services, are major contributing factors. In addition, government investments in the emerging notion of smart cities have a substantial impact on the Smart Transportation Market. Smart Transportation Market Overview: Maximize Market Research, a well-known market intelligence agency, recently published a report outlining potential development prospects for suppliers in the  Smart Transportation Market   through 2029. This comprehensive study examines the Smart Transportation Market’s growth drivers, important restrictions, impending difficulties, and present opportunities. Furthermore, the study includes a list of significant players and their business strategies, providing valuable insights to industry stakeholders. Smart Transportation Market Size  was valued at USD 115.59 Billion in 2022, and is expected to reach USD 234.
Read more