How big is the Europe Agricultural Robots and Mechatronics Market?

The Europe Agricultural Robots and Mechatronics Market size is expected to reach USD 6.47 billion in 2024 and grow at a CAGR of 14.90% to reach USD 12.95 billion by 2029. Read More

What is the current Europe Agricultural Robots and Mechatronics Market size?

In 2024, the Europe Agricultural Robots and Mechatronics Market size is expected to reach USD 6.47 billion. Read More

Who are the key players in Europe Agricultural Robots and Mechatronics Market?

AGCO, Autonomous Solutions (ASI), Autonomous Tractor Corporation, CLAAS and CNH Industrial are the major companies operating in the Europe Agricultural Robots and Mechatronics Market. Read More

What years does this Europe Agricultural Robots and Mechatronics Market cover, and what was the market size in 2023?

In 2023, the Europe Agricultural Robots and Mechatronics Market size was estimated at USD 5.63 billion. The report covers the Europe Agricultural Robots and Mechatronics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Agricultural Robots and Mechatronics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Agricultural Robots and Mechatronics Market Share

Statistics for the 2023 & 2024 Europe Agricultural Robots and Mechatronics market share, created by Mordor Intelligence™ Industry Reports. Europe Agricultural Robots and Mechatronics share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Europe Agricultural Robots and Mechatronics Industry

The European agricultural robots and mechatronics market is moderately consolidated, with the top companies accounting for about 43% of share in the market, while the rest of the companies account for the remaining share. The governments in the European countries are encouraging the use of agricultural drones, in order to enhance the level of productivity, by providing subsidies and creating awareness about the benefits of the agricultural robots and mechatronics. The major factors for the growth of the market are the high level of awareness and the willingness to adopt new technologies and low productivity.