Global Agricultural Robots Market By Product Type (Milking robots, UAV, and Others), By Application (Field farming, Crop management, Animal management, and Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
- Published date: Jul 2022
- Report ID: 46532
- Number of Pages: 333
- Format:
- keyboard_arrow_up
Agricultural Robots Market Overview:
The Agricultural Robot Market size is expected to be worth around USD 34,676.67 million by 2032 from USD 5,070 million in 2021, growing at a CAGR of 19.1% during the forecast period 2022 to 2032.”
This is due to electronic technologies like Global Positioning System and Geographic Information System. The market is increasingly embracing precision farming, which uses Big Data as well as GPS to manage crops. This market report gives an overview of the agricultural Robots market value, industry growth factor, size, and other key factors.
Global Agricultural Robots Market Scope:
Product Type Analysis
The market for agricultural robots can be divided based on products: unmanned aerial vehicles, driverless tractors (UAVs), milking robots, and materials management. Over the forecast period, the UAV segment will represent a large market share. In 2021, the milking robot market was dominant in terms of revenue. The milking robots segment was the largest in terms of revenue in 2021. This innovative product will increase milk yield and lower labor costs.
Major manufacturers have been encouraged to create efficient and effective drones for agriculture by increasing venture funding. Drones are used extensively in agriculture to capture innovative videos of harvesting systems, planting, and scouting fields. This is driving the segment demand.
It is expected that the driverless tractor segment will see significant growth. The autonomous tractor can be used for planting, seeding, and tillage in both row and broad-acre crop farming. This segment is expected to grow due to the increasing industrialization of agriculture across the globe, including in India and China.
Application Analysis
The industry can be divided by application sector into four segments: field farming, dairy management, and animal management. Crop management is also included. In 2021, the largest market share was held by dairy management. It was worth more than 985.6 million.
The segment of soil management is expected to experience the fastest growth over the forecast period. This growth is due to the increasing use of mobile robots for fertilizing and weeding.
Crop management applications are mainly used by medium-sized to small-sized farms as well as horticulture. Crop management applications are being driven by the growing awareness of farmers and the available software solutions for field surveys and data analytics.
UAV manufacturers are receiving more venture funding and farmers are becoming more aware of the advantages of drones, which is expected to drive the growth of the field farming segment. The segment’s demand is further boosted by drones’ ability to detect diseases and other health issues in crops, which can help reduce crop damage.
Кеу Маrkеt Ѕеgmеntѕ:
The agricultural robot market segmentation is given on the basis of type & application sector.
By Product Type
- Milking robots
- UAV
- Driverless tractor
- Materials management
By Application
- Field farming
- Crop management
- Animal management
- Dairy management
- Soil management
Market Dynamics:
Precision agriculture is becoming more popular among farmers to collect and process data. This allows them to make better decisions about fertilizing, planting, and harvesting crops. This technique can greatly increase crop production yields and profits, and help to solve food and water shortages. Industry demand is expected to rise due to the increased need for crop health monitoring and government support for modern agricultural techniques.
With the growing food demand in the world, farmers are being encouraged to maximize agricultural resources in a sustainable way. IoT is now a major technology that drives many industries, including agriculture, manufacturing, and transportation.
IoT is revolutionizing the agriculture industry, which largely depends on engineering, technology, and physical and biological science. The increasing labor costs and the untrained labor force have led farmers to find a more cost-efficient way to increase productivity. This will likely impact the industry’s growth over the forecast period.
Regional Analysis:
North America accounted for a large share of drone sales, accounting for around 33.9% of the global total. This market has grown to be one of the most important due to its adaptability to new technology. Market growth has been influenced by the Federal Aviation Administration’s shift in regulatory policy, which encourages commercial drone use. Organizations can also reap the benefits of drones’ imaging capabilities, which improve crop production yield and profit.
Technology infusion is essential for the agriculture industry to increase its production. The profitability of the agricultural sector has been dramatically improved in developed countries by farm mechanization.
Regional Market demand will be driven by increased government support for modern agriculture techniques. The Farm Advisory System (FAS), for instance, helps farmers better understand EU rules regarding the environment, animal health, good agricultural practices, and environmental conditions.The European Union has established rules and regulations that govern drone operations. These are expected to encourage industry growth in the region. Segment demand is expected to be positively impacted by the growing venture capital and industrialization of agriculture.
Key Regions and Countries covered іn thе rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share & Key Players Analysis:
Agribotix LLC (U.S.), AGCO Corporation, Autonomous Solutions, Inc., and BouMatic Robotics (Netherlands) are some of the largest companies. Common strategies expected to be adopted are vertical integration and licensing technologies.
Following are the agricultural companies in this industry including Agribotix LLC, AGCO Corporation, Autonomous Solutions Inc, AgEagle Aerial Systems, Inc, BouMatic Robotics B.V., Naio Technologies, Deere & Company, Deepfield Robotics, and other key companies.
Маrkеt Кеу Рlауеrѕ:
Here are the major players given below from the agricultural types of Robots market,
- Agribotix LLC
- AGCO Corporation
- Autonomous Solutions, Inc.
- BouMatic Robotics B.V.
- СNН Industrial
- СLААЅ
- Drone deploy
- GЕА Grоuр
- Harvest Automation Inc.
- Тrіmblе Іnс.
- AgEagle Aerial Systems, Inc
- Naio Technologies
- Deere & Company
- John Deere
- Deepfield Robotics
- Other Key Players
These are the major companies in this market.
For the Agricultural Robot Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Market Size in 2022
USD 5,070 million
Growth Rate
19.1%
Forecast Value in 2032
USD 34,676.67 million
Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
What is the size of the Agricultural Robot Market in 2021?The Agricultural robots market size is US$ 5,070 million in 2021.
What is the projected CAGR at which the Agricultural robots market is expected to grow at?The Agricultural robots market is expected to grow at a CAGR of 19.1% (2023-2032).
List the segments encompassed in this report on the Agricultural Robots market?Market.US has segmented the Agricultural robots market by geography (North America, Europe, APAC, South America, and the Middle East and Africa). By Product Type, the market has been segmented into UAVs, Driverless tractors, Milking robots, and Materials management. By Application, the market has been further divided into, Field farming, Dairy Management, Animal Management, Soil management, Crop management, and other major factors.
List the key industry players in the Agricultural Robots market?Agribotix LLC, AGCO Corporation, Autonomous Solutions, Inc., BouMatic Robotic systems, СNН Іnduѕtrіаl, СLААЅ, Drоnе Dерlоу, GЕА Grоuр, and Other Key Players engaged in the Agricultural Robots market
Which region is more appealing for vendors employed in the Agricultural Robots market?North America is expected to account for the highest revenue share of 33.9%. Therefore, the Agricultural Robots industry in North America is expected to garner significant business opportunities over the forecast period.
Name the key areas of business for Agricultural robots?India, China, The US, Canada, the UK, Japan, & Germany are key trend areas of operation for the Agricultural Robots Market.
Which segment accounts for the major share of the market in the Agricultural Robots industry?With respect to the Agricultural Robots industry, vendors can expect to leverage greater prospective business opportunities through the milking types of robots segment, as this area of interest accounts for the largest share of the market.
- Agribotix LLC
- AGCO Corporation
- Autonomous Solutions, Inc.
- BouMatic Robotics B.V.
- СNН Industrial
- СLААЅ
- Drone deploy
- GЕА Grоuр
- Harvest Automation Inc.
- Тrіmblе Іnс.
- AgEagle Aerial Systems, Inc
- Naio Technologies
- Deere & Company
- Deere & Company Profile
- Deepfield Robotics
- Other Key Players
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