Agricultural Robots Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Agricultural Robots Market
The agricultural robots market size was valued at USD 6.22 billion in 2022, and the market is now projected to grow from USD 6.72 billion in 2023 to USD 17.29 billion by 2030, exhibiting a CAGR of 14.5% during the forecast period of 2023-2030.
The pandemic led to issues of trade restrictions and supply disruption that opened a demand-supply mismatch within the agricultural product sector which affected the agriculture robotic industry. After the pandemic, new technology demand has increased drastically such as robots for farming and crop yield enhancement. Specialized robots are being used for crop checking as well as evaluation of the state of soil, which is becoming popular worldwide. Amid continuing developments in robotic application in farm productivity, demand for robot products is projected to increase due to efficiency and innovation into the traditional practices in farming.
Robotics and increasing need for better and optimal farming with the help of less resources signify the increase adoption of robotics in agriculture for improved yields in farming. The policies framed and implemented by governments, the accruing economic advantages, and the rising awareness of precision farming are further contributing to the market growth of such agricultural robots as drones, harvesting, and weeding. This kind of robots assist farmers, supervise, and care for the crops, and even assist in farming activities such as the mechanical harvesting. Businesses are also creating smaller, versatile robots like the Certon Harvest Robot for the automated connection of tomato cropping in 2021.
It is common to see UAVs also known as drones for the purpose of monitoring the soil and crops, spraying crops, planting, supplying irrigation services and general field assessment. Current farmers are using analytical models in crop spraying, monitoring, and for using fertilizer and pesticides on crops and animal health status. Through weather data, nutrient levels, and fertility, patterns helping with field planning are made possible using drones. This capability of UAVs improves crop monitoring and management which leads to proper harvest of seasonal and special crops, which open tremendous development prospects for UAVs in the sphere of agriculture.
Comprehensive Analysis of Agricultural Robots Market
The agricultural robots market growth is rising at an exponential rate due to its market segmentation. This market expansion rightly presents a detailed local analysis based on the forces such as supply and demand which define the industry. These segmentations are methodically segregated by product type analysis, and by application analysis. By product type analysis include UAVs/drones, livestock farming robots, robotic tractors, and automated cultivation systems. By application analysis include farm production, dairy and livestock, and others. Others include specialty crops, turf, ornamentals, Fibre crops, and silage.
The North America region lead the agricultural robots market share by benefitting a market size of USD 2.40 billion in 2022 due to rising demand for food, meat, and other processed food products.
The top players have a significant responsibility in the machinery and equipment industry for confirming industrial prospectus growth and determining the market trends. These players include, Deere & Co., DJI, CNH Industrial, AGCO Corporation, DeLaval, YANMAR HOLDINGS CO., LTD, Lely, BouMatic Robotics, AgEagle Aerial Systems Inc, Robert Bosch GmbH, Naïo Technologies these market players provide a level-playing competitive landscape.
In December 2023, Chipotle Mexican Grill announced an investment in Kansas-based Greenfield Robotics to expand the global presence of agricultural robots.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019 – 2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023 – 2030
Historical Period 2019 – 2021
Growth Rate CAGR of 14.5% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Product Type
UAVs/Drones
Livestock Farming Robots
Robotic Tractors
Automated Cultivation Systems
By Application
Farm Production
Dairy and Livestock
Others (Specialty Crops)
By Region
North America (By Product Type, By Application, and Country)
U.S. (By Product Type)
Canada (By Product Type)
Mexico (By Product Type)
Europe (By Product Type, By Application, and Country)
U.K. (By Product Type)
Germany (By Product Type)
Italy (By Product Type
France (By Product Type)
Spain (By Product Type)
BENELUX (By Product Type)
Rest of Europe
Asia Pacific (By Product Type, By Application, and Country)
China (By Product Type)
India (By Product Type)
Japan (By Product Type)
South Korea (By Product Type)
Rest of Asia Pacific
Middle East and Africa (By Product Type, By Application, By End-User Industry, By Payload Capacity, and Country)
GCC Countries (By Product Type)
South Africa (By Product Type)
Turkey (By Product Type)
North Africa (By Product Type)
Rest of the Middle East & Africa
South America (By Product Type, By Application, By End-User Industry, By Payload Capacity, and Country)
Brazil (By Product Type)
Argentina (By Product Type)
Rest of South America
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