Market Trends of Europe Agricultural Robots and Mechatronics Industry
This section covers the major market trends shaping the Europe Agricultural Robots & Mechatronics Market according to our research experts:
Adoption of UAV in Agriculture
Due to their ease-of-use and low-cost, Unmanned Aerial Vehicles (UAVs) or drones can be used for producing time-series animations, showing the precise development of a crop. The new generation of agriculture drones are technologically-advanced, which can support in pest control, monitoring soil and crop conditions, mapping, and estimating acreage and crop types. These drones also support in the surveying of areas, where there is a limited possibility of humans to assess. This technology will help farmers in the planning of input use, like crop protection chemicals, with the use of common detection methods and to reduce their monitoring costs. Factors, like an effective assessment of farms using drones, can help in the overall profitability of the farmers, which is expected to drive unmanned aerial vehicles, during the forecast period.
Spain Dominates the Market
The Spanish agricultural robotics and mechatronics market is estimated to register a CAGR of 35.8% during the forecast period. The share of Spain in the European agricultural robots and mechatronics market was 30.20% in 2019 and takes place as the largest shareholder in the European region. Most of the farmers in Spain are Large landholders. This is attributed to the increasing environmental and technological concerns that suit the government policies and initiatives. Spain emphasizes both on animal farming and agriculture. Hence most of the products in agriculture robots and mechatronics market can be driven in Spain. However, the lack of automated and unmanned aerial vehicles and intensive labor requirements necessitate automation.
