Agriculture Robots Market by Offering (Hardware, Software), Deployment (Indoor, Outdoor), Automation Type (Automated, Semi-automated), and End Use (Crop Farming, Livestock, Forestry, Fishery) - Global Forecast to 2030
The research report titled, “Agriculture Robots Market by Offering (Hardware, Software), Deployment (Indoor, Outdoor), Automation Type (Automated, Semi-automated), and End Use (Crop Farming, Livestock, Forestry, Fishery) and Geography—Global Forecasts to 2030”, provides in-depth analysis of agriculture robots market across five major geographies and emphasizes on the current market sizes, market shares, recent developments, and forecasts till 2030.
The global agriculture robots market is expected to reach $23.9 billion by 2030, at a CAGR of 15.8% from 2023–2030.
The growth of the agriculture robots market is driven by the rising adoption of drones for smart farming, population growth & labor shortages, and increasing government initiatives supporting the agriculture sector. However, the high costs of implementing agricultural robots restrain the growth of this market.
The increasing integration of artificial intelligence into agricultural robots is expected to create growth opportunities for the players operating in the agriculture robots market. However, the lack of technical knowledge among farmers and data privacy concerns poses a major challenge to market growth. Additionally, Robot-as-a-Service (RaaS) and the increasing number of start-ups in the agro-tech industry are key trends in the market.
Based on offering, the market is segmented into hardware, software, and services. The hardware segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing adoption of livestock management robots, rapid automation of agricultural processes, growing population, and shortage of labor.
Based on deployment, the market is segmented into outdoor and indoor. The outdoor segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the growing population, shortage of labor, and increasing need to monitor weather and climatic changes for outdoor farming.
Based on automation type, the market is segmented into automated and semi-automated. The automated segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the rapid adoption of advanced technology, shortage of labor, and increasing demand for automated robots in crop farming.
Based on end use, the market is segmented into crop farming, livestock, forestry, and fishery. The livestock segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing need for livestock monitoring and disease detection, labor shortage, and the rising cattle population with increasing dairy farms.
Geographic Review:Based on geography, the market is broadly segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa region. Asia-Pacific is projected to register the highest CAGR during the forecast period. The growth of this market is driven by the increasing adoption of smart devices for agriculture, rising demand for enhanced food quality, growing adoption of precision farming & government initiatives, and the growing number of start-ups in the region.
The key players operating in the global agriculture robots market are Yanmar Holdings Co., Ltd. (Japan), AgEagle Aerial Systems Inc. (U.S.), Lely International N.V. (Netherlands), BouMatic (U.S.), DJI (China), Deere & Company (U.S.), XAG Co., Ltd. (China), Clearpath Robotics Inc. (Canada), Naio Technologies (France), Robotics Plus Limited (New Zealand), GEA Group Aktiengesellschaft (Germany), DeLaval (Sweden), and Small Robot Company (U.K.).
Key questions answered in the report:Which are the high-growth market segments in terms of offering, deployment, automation type, end use, and countries?
What is the historical market for agriculture robots across the globe?
What are the market forecasts and estimates from 2023–2030?
What are the major drivers, restraints, and opportunities in the global agriculture robots market?
Who are the major players in the global agriculture robots market, and what shares of the market do they hold?
Who are the major players in various countries, and what shares of the market do they hold?
How is the competitive landscape?
What are the recent developments in the global agriculture robots market?
What strategies are adopted by the major players in the global agriculture robots market?
What are the geographical trends and high-growth countries?
Who are the local emerging players in the global agriculture robots market, and how do they compete with the other players?
Scope of the Report:
Market Assessment, by OfferingHardware
Semi/Autonomous Tractors
Drones/UAVs
Fixed-Wing Drones
Rotary Blade Drones
Hybrid Drones
Milking Robots
Harvesting Robots
Feeding Robots
Robot Accessories
Other Agriculture Robots Hardware
Software
Services
Consulting & Training Services
Installation Services
Maintenance & Repair Services
Market Assessment, by Deployment Outdoor
Indoor
Market by Assessment, by Automation Type Automated
Semi-automated
Market by Assessment, by End Use Crop Farming
Crop Monitoring
Harvesting & Picking
Irrigation Management
Crop Spraying
Weather Tracking and Monitoring
Inventory Management
Seed Planting
Other Crop Farming Applications
Livestock
Milking
Health Monitoring
Feeding
Inventory Management
Other Livestock Applications
Forestry
Fishery
Agriculture Robots Market - Report SummaryReport Metrics | Details |
---|
Years Considered | 2021 - 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Page Count | 335 |
Units Referenced | Value (USD Million) and Volume (Units) |
Segments/Key Topics | Market by Offering, Market by Deployment, Market by Automation Type, Market by End Use, Market by Geography |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Key Companies Mentioned | Yanmar Holdings Co., Ltd. (Japan), AgEagle Aerial Systems Inc. (U.S.), Lely International N.V. (Netherlands), BouMatic (U.S.), DJI (China), Deere & Company (U.S.), XAG Co., Ltd. (China), Clearpath Robotics Inc. (Canada), Naio Technologies (France), Robotics Plus Limited (New Zealand), GEA Group Aktiengesellschaft (Germany), DeLaval (Sweden), and Small Robot Company (U.K.). |
FAQs About the Report
What is the value of revenue generated from the sales of agriculture robot solutions across the globe? At what rate is their demand expected to grow for the next 5–7 years?The global agriculture robots market is projected to reach $23.9 billion by 2030, at a CAGR of 15.8% during the forecast period.
Which offering segment showcases high growth opportunities for the agriculture robots market players?In 2023, the hardware segment is expected to account for the largest share of the global agriculture robots market. The segment’s large share is attributed to the increasing adoption of livestock management robots, rapid automation of agricultural processes, growing population, and shortage of labor.
Which end use segments of the market are projected to create more traction in the agriculture robots market?In 2023, the crop farming segment is expected to account for the largest share of the global agriculture robots market. However, the livestock segment is expected to record the highest CAGR during the forecast period.
What are the key factors driving the growth of the agriculture robots market? What are the major opportunities for existing market players and new entrants?The growth of this market is driven by the rising adoption of drones for smart farming, population growth & labor shortages, and increasing government initiatives supporting the agriculture sector.
The increasing integration of artificial intelligence into agricultural robots is expected to create growth opportunities for the players in this market.
Who are the major players operating in the global agriculture robots market?The key players operating in the global agriculture robots market are Yanmar Holdings Co., Ltd. (Japan), AgEagle Aerial Systems Inc. (U.S.), Lely International N.V. (Netherlands), BouMatic (U.S.), DJI (China), Deere & Company (U.S.), XAG Co., Ltd. (China), Clearpath Robotics Inc. (Canada), Naio Technologies (France), Robotics Plus Limited (New Zealand), GEA Group Aktiengesellschaft (Germany), DeLaval (Sweden), and Small Robot Company (U.K.)
Which regions/countries are expected to witness significant demand for agriculture robots in the coming years?In 2023, Europe will dominate the global agriculture robots market. However, the Asia-Pacific market is expected to grow at the highest rate over the coming years.