AGRICULTURAL ROBOTS AND MECHATRONICS MARKET ANALYSIS
Global Agricultural Robots and Mechatronics Market: Regional Insights
On the basis of region, the global agricultural robots and mechatronics market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Moreover, North America held a major share in global agricultural robots and mechatronics market in 2018, owing to the presence of large number of key players such as Agrobotix LLC, Autonomous Solutions, Inc., Autonomous Tractor Corporation, Autonomous Tractor Corporation, Clearpath Robotics Inc, Harvest Automation Inc., Deere & Company, and Others.
Furthermore, North America is expected to hold dominant position in the global market for agricultural robots and mechatronics over the forecast period. This is due to presence of vast stretch of farmlands in the U.S. and Canada. Moreover, the U.S. leads the global mechatronics industry owing to large presence of technology companies in US such as American Mechatronics, Inc., Mechatronics, Inc. and others. These two factors are expected to provide potential growth opportunity for North America over the forecast period.
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