What Has Been the Progress and Growth of the Agriculture Robots Market in Recent Years?
The agriculture robots market has seen considerable growth due to a variety of factors.
• The market size of agriculture robots has expanded dramatically in the past few years. It is projected to rise from $8.32 billion in 2024 to $10.35 billion in 2025, with a compound annual growth rate (CAGR) of 24.4%. The remarkable growth during the historic era can be linked to factors such as labor shortages, the uptake of precision agriculture, increasing labor costs, the requirement for higher crop yields, as well as government subsidies and incentives.
How Does the Forecast Look for the Agriculture Robots Market?
The Agriculture Robots market is expected to maintain its strong growth trajectory in upcoming years.
• Over the coming years, we are expected to witness a significant expansion in the size of the agriculture robots market. By 2029, the market is projected to reach $23.82 billion, exhibiting a compound annual growth rate (CAGR) of 23.2%.
The rapid progress anticipated during the forecast period can be credited to several factors such as robotics-as-a-service (RaaS), the enforcement of sustainability mandates, rising global population, environmental surveillance, and an increased emphasis on urban agriculture. Expected trends in the forecast period include the application of robotics in autonomous tractors, weeding operation robots, modular and customizable robotics, robotic soil conservation, and robotic harvesting solutions.
What Are The Leading Drivers Of Growth In The Agriculture Robots Market?
The escalation of automation technology adoption propels the growth of the agricultural robots market. Automation denotes a technology that permits processes to run with minimal human intervention, utilizing programmed orders and automatic responses to guarantee correct implementation of directions. In the agricultural domain, this technology is employed to establish more efficient systems for farm management and performing everyday agricultural tasks, thereby enhancing the productivity of both crops and livestock. In dairy businesses, automation is implemented to elevate profitability, animal health, lifestyle, and milk quality through the utilization of robots for milking, cattle health monitoring and executing labor-intensive tasks such as feeding and more. For example, in May 2023, as stated by Formstack, a software firm based in the U.S, it was reported that 76% of organizations utilize automation to regulate their daily workflows, while 58% make use of it for planning purposes by automating data and reporting, and regulatory compliance is ensured by 36% of companies. Thus, the rise in the adoption of automation technology is propelling the growth of the agriculture robot’s market.
How Are The Segments Defined Within The Global Agriculture Robots Market?
The agriculture robots market covered in this report is segmented –
1) By Offering: Hardware, Software, Services
2) By Type: Milking Robots, UAVs Or Drones, Automated Harvesting Systems, Driverless Tractors, Other Types
3) By Farm Produce: Fruits And Vegetables, Field Crops, Dairy And Livestock, Other Farm Produces
4) By Farming Environment: Indoor, Outdoor
Subsegments:
1) By Hardware: Robotic Harvesters, Autonomous Tractors, Drones, Soil And Crop Monitoring Robots
2) By Software: Robotic Control Software, Data Analytics And Management Software, Navigation And Mapping Software
3) By Services: Installation And Integration Services, Maintenance And Support Services, Training and Consulting Services
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How Are New Trends Expected To Influence The Growth Of The Agriculture Robots Market?
Leading businesses in the Agriculture Robots market are prioritizing technological advancements, like Robots as a Service (RaaS), to boost their operational efficiency, cut down processing times, and enhance accuracy in handling invoices and payments. RaaS, a cloud-based service model, affords the ability to leverage robotic automation without sizeable initial costs. For instance, Naïo Technologies, a company stationed in France with a focus on agricultural robotics, unveiled the World Ag Expo 2022 in February of the same year. This robot is entirely powered by electricity, which aids in lowering the environmental footprint by eliminating carbon emissions and chemical usage that are common in conventional farming practices.
Who Are the Key Players In The Agriculture Robots Market?
Major companies operating in the agriculture robots market include:
• Deere & Company
• SZ DJI Technology Co Ltd.
• AGCO Corporation
• DeLaval
• Trimble Inc.
• BouMatic Robotics BV
• Lely Industries NV
• AgJunction Inc.
• AgEagle Aerial Systems Inc.
• Yanmar Co Ltd.
• Agribotix LLC
• Harvest Automation Inc.
• Topcon Positioning Systems Inc.
• GEA Group AG
• Ag Leader Technology
• Deepfield Robotics
• Autonomous Tractor Corporation
• Clearpath Robotics Inc.
• Agrobot
• Naïo Technologies
• PrecisionHawk Inc.
• CNH Industrial NV
• Harvest CROO Robotics LLC
• Robotics Plus Limited
• Ecorobotix SA
• AutoCopter Corp.
• Autonomous Solutions Inc.
• Kubota Corporation
• DroneDeploy Inc.
• FFRobotics Ltd.
• Fullwood Packo
• Octinion BV
• Dot Technology Corp.
• SwarmFarm Robotics
• Fendt
• Robotina
• Soft Robotics Inc.
What Is The Most Dominant Region In The Agriculture Robots Market?
North America was the largest region in the agriculture robots market in 2024. Europe is expected to be the fastest-growing region in the global agriculture robots market during the forecast period. The regions covered in the agriculture robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
