Europe Agriculture Robots Market by Type (Driverless Tractors, Unmanned Aerial Vehicles (UAVs), Milking Robots, Automated Harvest Robots, and Others), Offering (Hardware, Software, and Services), Farming Type (Indoor Farming and Outdoor Farming), Application (Dairy Management, Irrigation Management, Harvest Management, Soil Management, Inventory Management, and Others), and End User (Field Crops, Fruits & Vegetables, Livestock, and Others) – Opportunity Analysis and Industry Forecast 2023–2030
Europe Agriculture Robots Market was valued at USD 1.86 billion in 2022, and is predicted to reach USD 5.42 billion by 2030, with a CAGR of 13.2% from 2023 to 2030.
The agriculture robots market in Europe is experiencing growth due to the rising adoption of precision agriculture techniques. Agriculture robots play a crucial role in precision farming as they enable precise and targeted operations. By utilizing advanced sensors, robotic systems can accurately apply fertilizers, herbicides, and pesticides, leading to optimized resource utilization and reduced environmental impact. Moreover, robots equipped with imaging technologies can gather precise data on soil conditions, crop health, and growth patterns, empowering farmers to make well-informed decisions and enhance overall crop yield.
For instance, on March 2023, European Commission launched the Agricultural Robots for Precision Farming. The project is funded by the Horizon 2020 research program, which is the largest research and innovation program in the world. The project will run for four years, until March 7, 2027.
However, the adoption of agriculture robots in Europe faces a significant challenge primarily restricting from the high initial costs associated with purchasing robotic systems, equipment, and infrastructure. This considerable upfront investment poses a major obstacle, particularly for small and medium-sized farms that have limited financial resources in the region. The expenses involved in acquiring and implementing the required technologies can discourage farmers from embracing agricultural robots.
On the contrary, in Europe's agricultural industries, the future holds promising opportunities with the adoption of Swarm Robotics in conjunction with AI and sensors. This advanced technology facilitates the collaboration of a group of small robots, working together on tasks such as crop monitoring, pollination, and precise spraying. By harnessing the power of Swarm Robotics, agricultural productivity can be enhanced, while also offering benefits in terms of flexibility and scalability. This advancement is anticipated to drive substantial growth opportunities for the agriculture robots market.
Segment OverviewThe global agriculture robots industry is segmented on the basis of type, offering, farming type, application, and end-user.
By type, the market is classified into driverless tractors, unmanned aerial vehicles (UAVs), milking robots, automated harvest robots, and others.
By offering, the market is categorized into hardware, software, and services.
By Farming Type, indoor farming and outdoor farming.
By Application, the market is segmented into dairy management, irrigation management, harvest management, soil management, inventory management, and others.
By End User, the market is segmented into field crops, fruits & vegetables, livestock, and others.
Key Market PlayersThe key players in the global agriculture robots market research include companies such as:
• Naio Technologies
• Small Robot Company
• Faromatics
• Sabi Agri
• EcoRobotix
• Tevel
• Blue River Technology
• Robotti
• Agrobotics
• Agrobot
Recent Developments
March 2021
Small Robot Company launched its first robot for weed control. The robot, called Tom, is designed to autonomously navigate fields and identify and kill weeds using a targeted application of herbicide. Tom is the first of three robots that Small Robot Company plans to release in 2023. The company has raised USD 10.7 million in funding to develop its robots, and it has partnered with a number of major agricultural companies, including BASF and Syngenta
Key Benefits• The agriculture robots market report provides a quantitative analysis of the current market and estimations from 2023 to 2030. This analysis assists in identifying the prevailing market opportunities.
• The study comprises a comprehensive analysis of the market trends, including current and future trends for depicting prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
• The competitive analysis of the market players along with their market share in the agriculture robots market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the role of stakeholders.
Companies MentionedKEY PLAYERS
• GEA GROUP
• CNH INDUSTRIAL
• DELAVAL
• DEERE & COMPANY
• AGCO CORPORATION
• TRIMBLE INC.
• NAIO TECHNOLOGIES
• YANMAR HOLDINGS CO. LTD.
• SZ DJI TECHNOLOGY CO. LTD.
• BOUMATIC
• HARVEST AUTOMATION INC
• AUTONOMOUS SOLUTION INC
• CLEARPATH ROBOTICS
• AGEAGLE AERIAL SYSTEM
• KUBOTA CORPORATION