Latin America Agricultural Robots Market Size & Outlook
Latin America agricultural robots market, 2017-2030 (US$M)
Related Markets
Latin America agricultural robots market highlights
- The Latin America agricultural robots market generated a revenue of USD 582.4 million in 2023.
- The market is expected to grow at a CAGR of 19.5% from 2024 to 2030.
- In terms of segment, milking was the largest revenue generating application in 2023.
- Planting & Seeding Management is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 582.4 million |
| Market revenue in 2030 | USD 2,030.2 million |
| Growth rate | 19.5% (CAGR from 2023 to 2030) |
| Largest segment | Milking |
| Fastest growing segment | Planting & Seeding Management |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Planting & Seeding Management, Spraying Management, Milking, Monitoring & Surveillance, Harvest Management, Livestock Monitoring |
| Key market players worldwide | AGCO Corp, CNH Industrial NV, GEA Group AG, Trimble Inc, Autonomous Solutions, BouMatic, Harvest Automation, CLAAS |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.5% of the global agricultural robots market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,312.6 million by 2030.
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Agricultural Robots Market Scope
Agricultural Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America agricultural robots market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to agricultural robots market will help companies and investors design strategic landscapes.
Milking was the largest segment with a revenue share of 27.21% in 2023. Horizon Databook has segmented the Latin America agricultural robots market based on planting & seeding management, spraying management, milking, monitoring & surveillance, harvest management, livestock monitoring covering the revenue growth of each sub-segment from 2017 to 2030.
- Latin America Agricultural Robots Application Outlook (Revenue, USD Million, 2017-2030)
- Planting & Seeding Management
- Spraying Management
- Milking
- Monitoring & Surveillance
- Harvest Management
- Livestock Monitoring
- Others
- Latin America Agricultural Robots Type Outlook (Revenue, USD Million, 2017-2030)
- Driverless Tractors
- UAVs
- Dairy Robots
- Material Management
- Latin America Agricultural Robots Offering Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Software
- Services
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Target buyers of Latin America agricultural robots market databook
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Our clientele includes a mix of agricultural robots market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America agricultural robots market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America agricultural robots market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America agricultural robots market size, by country, 2017-2030 (US$M)
Latin America Agricultural Robots Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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