Agricultural Robots Market to Grow with a CAGR of 19.4% Globally through to 2028
Global Agricultural Robots Market is rising due to increased demand for
precision agriculture technologies, labor shortage in the agriculture sector,
and the need for efficient farm management solutions in the forecast period
2024-2028.
According to TechSci Research report, “Global Agricultural
Robots Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028”, The global agricultural robots’ market is
experiencing significant growth, driven by technological advancements and the
increasing adoption of automation in the agricultural sector. These robots,
equipped with advanced sensors, GPS technology, and artificial intelligence,
are revolutionizing farming practices. Farmers are increasingly turning to
agricultural robots to enhance productivity, reduce labor costs, and optimize resource
utilization. The growing population and rising food demand have propelled the
need for precision agriculture, where these robots play a pivotal role. They
enable farmers to monitor crop health, apply fertilizers and pesticides with
precision, and automate various tasks like planting, harvesting, and weeding.
Moreover, the agricultural sector is grappling with a shortage of skilled
labor, making these robots indispensable for farm operations. Additionally, the
emphasis on sustainable farming practices and environmental conservation has
further boosted the market. Major players in the industry are investing in
research and development to create innovative and efficient robotic solutions,
thereby shaping the future of agriculture globally.
The global agricultural robots’ market has been
experiencing significant growth in recent years, driven by technological
advancements, increasing adoption of precision agriculture practices, and the
need for sustainable farming solutions. Agricultural robots, also known as
agribots, are autonomous or semi-autonomous machines designed to perform
various tasks in the agricultural sector, such as planting, harvesting,
weeding, and monitoring crop health. These robots offer numerous benefits,
including increased productivity, reduced labor costs, improved efficiency, and
minimized environmental impact. One of the key drivers of the agricultural
robot market is the integration of advanced technologies into these machines.
Agricultural robots are equipped with sophisticated sensors, GPS systems, and
imaging technologies, enabling them to gather real-time data on soil
conditions, crop health, and weather patterns. This data is then analyzed to
provide farmers with valuable insights, allowing them to make informed decisions
regarding irrigation, fertilization, and pest control. By leveraging these
technologies, farmers can optimize their operations, minimize resource wastage,
and maximize crop yields.
Browse over 26 market data Figures spread
through 91 Pages and an in-depth TOC on "Global Agricultural Robots Market”.
The adoption of precision agriculture practices has
also played a crucial role in the growth of the agricultural robot’s market.
Precision agriculture involves the use of technology to tailor farming
practices to specific field conditions, optimizing the use of inputs such as
water, fertilizers, and pesticides. Agricultural robots, with their ability to
navigate autonomously and perform tasks with precision, are well-suited for
implementing these practices. They can accurately apply inputs in the right quantities
and at the right locations, ensuring optimal crop growth while minimizing
environmental impact. This not only improves efficiency but also reduces the
reliance on manual labor, addressing the issue of labor shortages in the
agricultural sector. Furthermore, the increasing global population and the
subsequent rise in food demand have put pressure on farmers to enhance
productivity. Agricultural robots offer a viable solution to this challenge by
automating labor-intensive tasks such as planting, harvesting, and weeding.
These robots can work tirelessly and efficiently, significantly increasing
productivity and reducing the time required for these tasks. By reducing the
reliance on manual labor, agricultural robots also help address the issue of
rising labor costs in the agricultural sector.
Sustainability is another key factor driving the
adoption of agricultural robots. These robots can contribute to sustainable
farming practices by reducing the use of chemical inputs. By precisely
targeting areas that require treatment, agricultural robots minimize the use of
fertilizers and pesticides, thereby minimizing environmental pollution.
Additionally, these robots can contribute to soil health by minimizing soil
compaction and erosion through their lightweight and precise operations. In
terms of regional analysis, North America and Europe have been leading the
global agricultural robots’ market, owing to the high adoption rate of advanced
technologies in agriculture and the presence of key market players in these
regions. However, emerging economies in Asia Pacific, such as China and India,
are also witnessing significant growth in the agricultural robot’s market due
to increasing awareness about precision agriculture and the need for efficient
farming practices.
In conclusion, the global agricultural robots’ market
is experiencing robust growth, driven by technological advancements, the
adoption of precision agriculture practices, and the need for sustainable
farming solutions. These robots offer numerous benefits, including increased
productivity, reduced labor costs, improved efficiency, and minimized
environmental impact. As the demand for efficient and sustainable farming
practices continues to rise, the agricultural robots’ market is expected to
witness further growth in the coming years.
The Global Agricultural Robots Market is segmented
into Application, Type, Offering, regional distribution, and company.
Based on Application, the market is segmented into planting
& seeding management, spraying management, milking, monitoring &
surveillance, harvest management, livestock monitoring, and others. The
planting and seeding management application segment is anticipated to portray
the highest CAGR of 23.6% over the forecast period. The growth can be
attributed to several key factors, such as technological advancements, which
have played a crucial role in driving this growth. Agricultural robots have
become more capable and efficient with the continuous development of robotics,
artificial intelligence, and automation technologies.
These advancements have increased the
adoption and demand for such robots in farming operations. Environmental
concerns are another factor contributing to the growth of the agricultural
robot market. There is a growing awareness of the need for sustainable farming
practices and reducing the environmental impact of agriculture. Agricultural
robots can help achieve these goals by enabling precise application of inputs,
reducing chemical usage, and minimizing soil compaction. By adopting robotic
planting and seeding systems, farmers can reduce their environmental footprint
and contribute to more sustainable agricultural practices.
The milking application segment
dominated the market with a revenue share of 30.0% in 2022. This automatic
milking machine helps increase the milk yield and reduces workforce costs.
Milking robots are designed to provide a comfortable and stress-free milking
experience for cows. They use sensors and cameras to detect the presence of
milking animals, clean their udders, attach the equipment, and monitor the
milking process. This reduces the need for physical contact with the cows and
helps minimize stress and discomfort during milking. Additionally, agricultural
robots can detect and address any health issues or abnormalities in the milk,
promoting better cow welfare. This automatic milking machine would help
increase the milk yield and reduce workforce costs.
Based on region, North America held a significant share
of around 36.2% in 2022 and has become one of the most influential markets. One
significant factor is the vast expanse of farmland in the region. For instance,
as per the data published by the United States Agriculture Department in
February 2022, the typical farm size for 2021 measured at 445 acres, marking a
slight increase from the previous year's figure of 444 acres. North America
boasts some of the world’s largest average farmland sizes, which can make
manual management and monitoring a highly challenging and resource-intensive
task. To address this challenge, North American farmers have been quick to
embrace agricultural robots and automation technologies, seeking efficiency
gains and improved crop yields.
Moreover, the region benefits from a
high level of access to advanced agricultural technologies. North America has a
robust ecosystem of tech companies, research institutions, and innovation hubs
focused on agriculture. This favourable environment fosters the development and
adoption of cutting-edge agricultural robotics solutions. Additionally, a
strong commitment to sustainable and precision farming practices in North
America has driven the demand for precision agriculture tools like autonomous
tractors, drones, and robotic harvesters. As a result, North America continues
to lead the market in terms of revenue, with its blend of extensive farmland
and access to advanced technology driving substantial growth in the sector.
The Asia Pacific region is expected to
achieve the fastest CAGR of 21.2% during the forecast period. Technological
advancements and innovation in countries like Japan, India, and China have led
to the development of advanced robotics solutions for the agriculture sector.
With a growing population and increasing food security concerns, the need for
efficient farming practices is paramount. Agriculture robots offer a solution
by automating labour-intensive tasks and improving crop yields. Additionally,
labour shortages and rising wages in the region make robotics an attractive
investment for farmers. Strong government support and a diverse agricultural
landscape further contribute to the region's potential for agriculture robot
growth.
Major companies operating in Global Agricultural
Robots Market are:
- Deere & Company
- Trimble Inc.
- AGCO Corporation
- CNH Industrial N.V.
- Kubota Corporation
- Yamaha Motor Co., Ltd.
- DJI
- Topcon Positioning Systems, Inc.
- Harvest Automation, Inc.
- Lely Holding S.A.R.L.
- AgEagle Aerial Systems Inc.
- Blue River Technology (John Deere)
- Naio Technologies
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“The global agricultural robots’ market is
experiencing significant growth due to technological advancements, increased
adoption of precision agriculture practices, and the demand for sustainable
farming solutions. These autonomous or semi-autonomous machines, known as
agribots, perform various tasks such as planting, harvesting, weeding, and crop
monitoring. They offer benefits like improved productivity, reduced labor
costs, enhanced efficiency, and minimized environmental impact. Integration of
advanced technologies, including sensors, GPS systems, and imaging
technologies, enables these robots to gather real-time data on soil conditions,
crop health, and weather patterns. This data helps farmers make informed
decisions on irrigation, fertilization, and pest control, optimizing operations
and maximizing crop yields. Precision agriculture practices, tailored to
specific field conditions, are facilitated by agricultural robots' ability to
navigate autonomously and apply inputs accurately. The rising global population
and food demand drive the need for increased productivity, which agricultural
robots address by automating labor-intensive tasks. Moreover, these robots
contribute to sustainability by reducing chemical inputs and minimizing
environmental pollution. North America and Europe lead the market, but emerging
economies in Asia Pacific, like China and India, are also witnessing
significant growth. Overall, the agricultural robots’ market is poised for
further expansion as the demand for efficient and sustainable farming practices
continues to rise,” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based management consulting firm.
“Agricultural
Robots Market – Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented By Application (Milking, Planting & Seeding Management, Spraying
Management, Monitoring & Surveillance, Harvest Management, Livestock
Monitoring, Others), By Type (Driverless Tractors, UAVs, Dairy Robots, Material
Management), By Offering (Software, Hardware, Services), By Region, By
Competition”, has evaluated the future growth potential of Global Agricultural
Robots Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Agricultural Robots
Market.
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