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Equipment Agriculture Robot-Global Market Insights and Sales Trends 2025
Synopsis
The global Equipment Agriculture Robot market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Equipment Agriculture Robot in various end use industries. The expanding demands from the The Farm, The Ranch and The Orchard,, are propelling Equipment Agriculture Robot market. Grafting, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cuttings segment is estimated at % CAGR for the next seven-year period.
Prospect of an Agriculture Robot in Equipment The prospect of an agriculture robot in the equipment industry is promising and holds great potential for the future of farming and agricultural practices. Here are some key prospects and benefits of using agriculture robots: 1. Increased Efficiency: Agricultural robots can perform repetitive tasks with precision and speed, leading to increased efficiency in various farming operations. They can autonomously sow seeds, plant crops, harvest produce, and perform tasks like weeding and pruning, reducing labor requirements and time. 2. Precision Farming: Agriculture robots equipped with advanced sensors, cameras, and GPS technology can gather and analyze data related to soil conditions, plant health, and field mapping. This enables farmers to make precise and informed decisions about fertilization, irrigation, and pest control, thus optimizing resource usage and improving yield. 3. Reduced Environmental Impact: By utilizing data-driven insights, agriculture robots contribute to sustainable farming practices by reducing the use of pesticides, fertilizers, and water. They can target specific areas for treatment, minimizing waste and environmental impact. 4. Labor Shortage Mitigation: Many regions are facing a shortage of skilled agricultural workers, making it difficult for farmers to hire and retain labor. Agriculture robots can bridge this gap by performing tasks that would traditionally require manual labor, alleviating the impact of labor shortages. 5. Increased Safety: Farming can involve strenuous and hazardous tasks. Agriculture robots can eliminate or reduce human involvement in dangerous jobs, thus improving farm worker safety and reducing the risk of accidents or injuries. 6. Cost Savings: While the initial investment in agriculture robots may be significant, they can provide long-term cost savings by reducing labor costs, increasing productivity, and optimizing resource utilization. Over time, this can lead to improved profitability for farmers. 7. Scalability and Flexibility: Agriculture robots can be designed to operate in various farm sizes and terrains. They can adapt to different crops and farming systems, offering scalability and flexibility in their applications. Overall, the prospect of agriculture robots in the equipment industry is bright. Their ability to improve efficiency, sustainability, and profitability in farming operations makes them an attractive option for farmers looking to embrace advanced technologies for a more successful and sustainable future in agriculture.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Equipment Agriculture Robot, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Equipment Agriculture Robot market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Equipment Agriculture Robot market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Equipment Agriculture Robot sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Equipment Agriculture Robot covered in this report include Yamaha, Lely, DeLaval, Harvest Automation, GEA, Hokofarm, BouMatic Robotics, Agrobot and Blue River Technology, etc.
The global Equipment Agriculture Robot market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Yamaha
Lely
DeLaval
Harvest Automation
GEA
Hokofarm
BouMatic Robotics
Agrobot
Blue River Technology
Fullwood
Global Equipment Agriculture Robot market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Equipment Agriculture Robot market, Segment by Type:
Grafting
Cuttings
Other
Global Equipment Agriculture Robot market, by Application
The Farm
The Ranch
The Orchard
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Equipment Agriculture Robot manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Equipment Agriculture Robot in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Equipment Agriculture Robot market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Equipment Agriculture Robot in various end use industries. The expanding demands from the The Farm, The Ranch and The Orchard,, are propelling Equipment Agriculture Robot market. Grafting, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cuttings segment is estimated at % CAGR for the next seven-year period.
Prospect of an Agriculture Robot in Equipment The prospect of an agriculture robot in the equipment industry is promising and holds great potential for the future of farming and agricultural practices. Here are some key prospects and benefits of using agriculture robots: 1. Increased Efficiency: Agricultural robots can perform repetitive tasks with precision and speed, leading to increased efficiency in various farming operations. They can autonomously sow seeds, plant crops, harvest produce, and perform tasks like weeding and pruning, reducing labor requirements and time. 2. Precision Farming: Agriculture robots equipped with advanced sensors, cameras, and GPS technology can gather and analyze data related to soil conditions, plant health, and field mapping. This enables farmers to make precise and informed decisions about fertilization, irrigation, and pest control, thus optimizing resource usage and improving yield. 3. Reduced Environmental Impact: By utilizing data-driven insights, agriculture robots contribute to sustainable farming practices by reducing the use of pesticides, fertilizers, and water. They can target specific areas for treatment, minimizing waste and environmental impact. 4. Labor Shortage Mitigation: Many regions are facing a shortage of skilled agricultural workers, making it difficult for farmers to hire and retain labor. Agriculture robots can bridge this gap by performing tasks that would traditionally require manual labor, alleviating the impact of labor shortages. 5. Increased Safety: Farming can involve strenuous and hazardous tasks. Agriculture robots can eliminate or reduce human involvement in dangerous jobs, thus improving farm worker safety and reducing the risk of accidents or injuries. 6. Cost Savings: While the initial investment in agriculture robots may be significant, they can provide long-term cost savings by reducing labor costs, increasing productivity, and optimizing resource utilization. Over time, this can lead to improved profitability for farmers. 7. Scalability and Flexibility: Agriculture robots can be designed to operate in various farm sizes and terrains. They can adapt to different crops and farming systems, offering scalability and flexibility in their applications. Overall, the prospect of agriculture robots in the equipment industry is bright. Their ability to improve efficiency, sustainability, and profitability in farming operations makes them an attractive option for farmers looking to embrace advanced technologies for a more successful and sustainable future in agriculture.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Equipment Agriculture Robot, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Equipment Agriculture Robot market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Equipment Agriculture Robot market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Equipment Agriculture Robot sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Equipment Agriculture Robot covered in this report include Yamaha, Lely, DeLaval, Harvest Automation, GEA, Hokofarm, BouMatic Robotics, Agrobot and Blue River Technology, etc.
The global Equipment Agriculture Robot market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Yamaha
Lely
DeLaval
Harvest Automation
GEA
Hokofarm
BouMatic Robotics
Agrobot
Blue River Technology
Fullwood
Global Equipment Agriculture Robot market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Equipment Agriculture Robot market, Segment by Type:
Grafting
Cuttings
Other
Global Equipment Agriculture Robot market, by Application
The Farm
The Ranch
The Orchard
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Equipment Agriculture Robot manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Equipment Agriculture Robot in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Equipment Agriculture Robot Market Overview
1.1 Equipment Agriculture Robot Product Overview
1.2 Equipment Agriculture Robot Market Segment by Type
1.2.1 Grafting
1.2.2 Cuttings
1.2.3 Other
1.3 Global Equipment Agriculture Robot Market Size by Type
1.3.1 Global Equipment Agriculture Robot Market Size Overview by Type (2018-2029)
1.3.2 Global Equipment Agriculture Robot Historic Market Size Review by Type (2018-2023)
1.3.3 Global Equipment Agriculture Robot Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Equipment Agriculture Robot Sales Breakdown by Type (2018-2023)
1.4.2 Europe Equipment Agriculture Robot Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Equipment Agriculture Robot Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Equipment Agriculture Robot Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Equipment Agriculture Robot Sales Breakdown by Type (2018-2023)
2 Global Equipment Agriculture Robot Market Competition by Company
2.1 Global Top Players by Equipment Agriculture Robot Sales (2018-2023)
2.2 Global Top Players by Equipment Agriculture Robot Revenue (2018-2023)
2.3 Global Top Players by Equipment Agriculture Robot Price (2018-2023)
2.4 Global Top Manufacturers Equipment Agriculture Robot Manufacturing Base Distribution, Sales Area, Product Type
2.5 Equipment Agriculture Robot Market Competitive Situation and Trends
2.5.1 Equipment Agriculture Robot Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Equipment Agriculture Robot Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Equipment Agriculture Robot as of 2022)
2.7 Date of Key Manufacturers Enter into Equipment Agriculture Robot Market
2.8 Key Manufacturers Equipment Agriculture Robot Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Equipment Agriculture Robot Status and Outlook by Region
3.1 Global Equipment Agriculture Robot Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Equipment Agriculture Robot Historic Market Size by Region
3.2.1 Global Equipment Agriculture Robot Sales in Volume by Region (2018-2023)
3.2.2 Global Equipment Agriculture Robot Sales in Value by Region (2018-2023)
3.2.3 Global Equipment Agriculture Robot Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Equipment Agriculture Robot Forecasted Market Size by Region
3.3.1 Global Equipment Agriculture Robot Sales in Volume by Region (2024-2029)
3.3.2 Global Equipment Agriculture Robot Sales in Value by Region (2024-2029)
3.3.3 Global Equipment Agriculture Robot Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Equipment Agriculture Robot by Application
4.1 Equipment Agriculture Robot Market Segment by Application
4.1.1 The Farm
4.1.2 The Ranch
4.1.3 The Orchard
4.2 Global Equipment Agriculture Robot Market Size by Application
4.2.1 Global Equipment Agriculture Robot Market Size Overview by Application (2018-2029)
4.2.2 Global Equipment Agriculture Robot Historic Market Size Review by Application (2018-2023)
4.2.3 Global Equipment Agriculture Robot Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Equipment Agriculture Robot Sales Breakdown by Application (2018-2023)
4.3.2 Europe Equipment Agriculture Robot Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Equipment Agriculture Robot Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Equipment Agriculture Robot Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Equipment Agriculture Robot Sales Breakdown by Application (2018-2023)
5 North America Equipment Agriculture Robot by Country
5.1 North America Equipment Agriculture Robot Historic Market Size by Country
5.1.1 North America Equipment Agriculture Robot Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Equipment Agriculture Robot Sales in Volume by Country (2018-2023)
5.1.3 North America Equipment Agriculture Robot Sales in Value by Country (2018-2023)
5.2 North America Equipment Agriculture Robot Forecasted Market Size by Country
5.2.1 North America Equipment Agriculture Robot Sales in Volume by Country (2024-2029)
5.2.2 North America Equipment Agriculture Robot Sales in Value by Country (2024-2029)
6 Europe Equipment Agriculture Robot by Country
6.1 Europe Equipment Agriculture Robot Historic Market Size by Country
6.1.1 Europe Equipment Agriculture Robot Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Equipment Agriculture Robot Sales in Volume by Country (2018-2023)
6.1.3 Europe Equipment Agriculture Robot Sales in Value by Country (2018-2023)
6.2 Europe Equipment Agriculture Robot Forecasted Market Size by Country
6.2.1 Europe Equipment Agriculture Robot Sales in Volume by Country (2024-2029)
6.2.2 Europe Equipment Agriculture Robot Sales in Value by Country (2024-2029)
7 Asia-Pacific Equipment Agriculture Robot by Region
7.1 Asia-Pacific Equipment Agriculture Robot Historic Market Size by Region
7.1.1 Asia-Pacific Equipment Agriculture Robot Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Equipment Agriculture Robot Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Equipment Agriculture Robot Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Equipment Agriculture Robot Forecasted Market Size by Region
7.2.1 Asia-Pacific Equipment Agriculture Robot Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Equipment Agriculture Robot Sales in Value by Region (2024-2029)
8 Latin America Equipment Agriculture Robot by Country
8.1 Latin America Equipment Agriculture Robot Historic Market Size by Country
8.1.1 Latin America Equipment Agriculture Robot Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Equipment Agriculture Robot Sales in Volume by Country (2018-2023)
8.1.3 Latin America Equipment Agriculture Robot Sales in Value by Country (2018-2023)
8.2 Latin America Equipment Agriculture Robot Forecasted Market Size by Country
8.2.1 Latin America Equipment Agriculture Robot Sales in Volume by Country (2024-2029)
8.2.2 Latin America Equipment Agriculture Robot Sales in Value by Country (2024-2029)
9 Middle East and Africa Equipment Agriculture Robot by Country
9.1 Middle East and Africa Equipment Agriculture Robot Historic Market Size by Country
9.1.1 Middle East and Africa Equipment Agriculture Robot Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Equipment Agriculture Robot Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Equipment Agriculture Robot Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Equipment Agriculture Robot Forecasted Market Size by Country
9.2.1 Middle East and Africa Equipment Agriculture Robot Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Equipment Agriculture Robot Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Yamaha
10.1.1 Yamaha Company Information
10.1.2 Yamaha Introduction and Business Overview
10.1.3 Yamaha Equipment Agriculture Robot Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Yamaha Equipment Agriculture Robot Products Offered
10.1.5 Yamaha Recent Development
10.2 Lely
10.2.1 Lely Company Information
10.2.2 Lely Introduction and Business Overview
10.2.3 Lely Equipment Agriculture Robot Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Lely Equipment Agriculture Robot Products Offered
10.2.5 Lely Recent Development
10.3 DeLaval
10.3.1 DeLaval Company Information
10.3.2 DeLaval Introduction and Business Overview
10.3.3 DeLaval Equipment Agriculture Robot Sales, Revenue and Gross Margin (2018-2023)
10.3.4 DeLaval Equipment Agriculture Robot Products Offered
10.3.5 DeLaval Recent Development
10.4 Harvest Automation
10.4.1 Harvest Automation Company Information
10.4.2 Harvest Automation Introduction and Business Overview
10.4.3 Harvest Automation Equipment Agriculture Robot Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Harvest Automation Equipment Agriculture Robot Products Offered
10.4.5 Harvest Automation Recent Development
10.5 GEA
10.5.1 GEA Company Information
10.5.2 GEA Introduction and Business Overview
10.5.3 GEA Equipment Agriculture Robot Sales, Revenue and Gross Margin (2018-2023)
10.5.4 GEA Equipment Agriculture Robot Products Offered
10.5.5 GEA Recent Development
10.6 Hokofarm
10.6.1 Hokofarm Company Information
10.6.2 Hokofarm Introduction and Business Overview
10.6.3 Hokofarm Equipment Agriculture Robot Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hokofarm Equipment Agriculture Robot Products Offered
10.6.5 Hokofarm Recent Development
10.7 BouMatic Robotics
10.7.1 BouMatic Robotics Company Information
10.7.2 BouMatic Robotics Introduction and Business Overview
10.7.3 BouMatic Robotics Equipment Agriculture Robot Sales, Revenue and Gross Margin (2018-2023)
10.7.4 BouMatic Robotics Equipment Agriculture Robot Products Offered
10.7.5 BouMatic Robotics Recent Development
10.8 Agrobot
10.8.1 Agrobot Company Information
10.8.2 Agrobot Introduction and Business Overview
10.8.3 Agrobot Equipment Agriculture Robot Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Agrobot Equipment Agriculture Robot Products Offered
10.8.5 Agrobot Recent Development
10.9 Blue River Technology
10.9.1 Blue River Technology Company Information
10.9.2 Blue River Technology Introduction and Business Overview
10.9.3 Blue River Technology Equipment Agriculture Robot Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Blue River Technology Equipment Agriculture Robot Products Offered
10.9.5 Blue River Technology Recent Development
10.10 Fullwood
10.10.1 Fullwood Company Information
10.10.2 Fullwood Introduction and Business Overview
10.10.3 Fullwood Equipment Agriculture Robot Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Fullwood Equipment Agriculture Robot Products Offered
10.10.5 Fullwood Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Equipment Agriculture Robot Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Equipment Agriculture Robot Industrial Chain Analysis
11.4 Equipment Agriculture Robot Market Dynamics
11.4.1 Equipment Agriculture Robot Industry Trends
11.4.2 Equipment Agriculture Robot Market Drivers
11.4.3 Equipment Agriculture Robot Market Challenges
11.4.4 Equipment Agriculture Robot Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Equipment Agriculture Robot Distributors
12.3 Equipment Agriculture Robot Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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