NEW YORK, Oct. 25, 2021 /PRNewswire/ -- The robotic weeding machines market is set to grow by USD 85.96 million between 2020 and 2024, and register a CAGR of almost 19%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. CARRE SAS, Deere & Co., ecoRobotix Ltd., Energreen srl, F. Poulsen Engineering ApS, FarmWise Labs Inc., LEMKEN GmbH & Co. KG, Naio Technologies SAS, Robert Bosch GmbH, and Small Robot Co. are some of the major market participants. The need for weed control and the growing popularity of DIY gardening activities will offer immense growth opportunities. However, factors such as high initial investment may threaten the growth of the market.
Robotic Weeding Machines Market 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Also, To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist robotic weeding machines market growth during the next five years
Estimation of the robotic weeding machines market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the robotic weeding machines market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of robotic weeding machines market vendors
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Europe, North America, APAC, South America, and MEA
Performing market contribution
Europe at 57%
Key consumer countries
Germany, US, France, Australia, and UK
Leading companies, competitive strategies, consumer engagement scope
CARRE SAS, Deere & Co., ecoRobotix Ltd., Energreen srl, F. Poulsen Engineering ApS, FarmWise Labs Inc., LEMKEN GmbH & Co. KG, Naio Technologies SAS, Robert Bosch GmbH, and Small Robot Co.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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