Asia-pacific Agricultural Robots Market Forecast 2022-2030

Asia-pacific Agricultural Robots Market Forecast 2022-2030

KEY FINDINGS

The Asia-Pacific agricultural robots market growth is set to record a CAGR of 20.26% during the forecast period, 2022-2030. The surging need to increase agricultural yields with limited resources is one of the key growth drivers. Also, given the diminishing arable land and the rising population, robotic equipment can help eliminate major human errors and minimize human intervention. This is because robots provide quality work without requiring human intervention and offer more efficiency.

MARKET INSIGHTS

Indonesia, South Korea, Japan, China, Australia & New Zealand, India, and Rest of Asia-Pacific are assessed for the Asia-Pacific agricultural robots market growth evaluation. In Japan, rice is the main crop, followed by soybeans, barley, wheat, etc. The country faces the dilemma of the aging farmer population that hinders production. As a result, robots are evaluated to perform the tasks needed in agriculture. In this regard, several new companies are entering the market and working on artificial intelligence to meet the agriculture sector demands. For instance, Farmnote developed a digital platform to maintain data associated with livestock farms.

In Indonesia, peanut, soybeans, cassava, corn, and rice are the key harvested and produced crops. Also, the country exports spices, cocoa, natural rubber, palm oil, etc. At the same time, the labor shortage is a serious problem since the farmers are aging, and the coming generations are not inclined to agriculture as a professional career. Accordingly, the agro-based companies in the country are striving to introduce automation in the agriculture sector. Such aspects propel market growth in these countries.

COMPETITIVE INSIGHTS

Some of the key firms in the market include Rowbot, PrecisionHawk Inc, Trimble Inc, Robotics Plus Ltd, etc.

Our report offerings include:
Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments