Singapore 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
Singapore Agriculture Robots Market was valued at USD 12.77 million in 2022, and is predicted to reach USD 72.58 million by 2030, with a CAGR of 22.9% from 2023 to 2030.
The scarcity of land in Singapore presents difficulties for conventional agricultural methods. However, agriculture robots offer a solution by facilitating vertical farming and precision agriculture techniques. By leveraging these robots, it becomes possible to efficiently utilize vertical space, optimize resource utilization, and achieve maximum crop production within the constraints of limited land areas. The deployment of agriculture robots enables Singapore to overcome the challenges posed by land availability and effectively implement innovative farming practices. Thus, creating significant growth of the agriculture robots market in the country.
In Singapore, labour shortages in the agriculture industry have become a major problem. This is due to a decrease in the supply of experienced labourers, which presents issues for farmers who rely on physical labour to conduct critical farm operations. In response to this issue, farm robots are emerging as a feasible option, which is predicted to promote the growth of the country's agriculture robotics market.
However, a lack of technical expertise and high initial costs is expected to restrain the growth of the agriculture robots market. As, farmers may encounter challenges in acquiring and maintaining the necessary knowledge and skills to operate and troubleshoot these advanced robotic systems.
On the contrary, Singapore's agricultural industry is gaining substantial benefits from the adoption of artificial intelligence (AI), machine learning, and robots. These technological advancements have given rise to highly sophisticated and intelligent agricultural robots capable of performing a wide array of tasks. These tasks encompass planting cover crops, overseeing diverse cropping systems, and providing real-time data on soil health indicators. As a result of these advancements, the agricultural sector in Singapore is witnessing increased efficiency and productivity, enabling more effective management of farming operations. As a result of these advancements, the agricultural robots market in Indonesia is expected to witness substantial opportunities for growth.
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:
• Nimble Robotics
• GreenRobotics
• Agrobotix
• Yara
• DroneDeploy
• Aerobotics
• Blue River Technology
• Vision Robotics
• XAG
• FarmBot
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