Thailand 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
Thailand Agriculture Robots Market was valued at USD 42.24 million in 2022, and is predicted to reach USD 217.74 million by 2030, with a CAGR of 21.5% from 2023 to 2030.
Thailand, like many other countries, is facing a shortage of agricultural labor. Younger generations are migrating to urban areas, leaving a void in the farming workforce. Agriculture robots offer a solution to mitigate the impact of labor shortages by automating labor-intensive tasks, reducing dependency on manual labor, and ensuring uninterrupted farming operations. Thus creating significant growth of the market within the country. For instance, in November 2022, Yanmar S.P. Company Limited and Yanmar Agribusiness Corporation Limited have joined in a project to adopt high-precision positioning technology for agricultural machinery in Thailand
However, 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, Thailand's agriculture industry is benefiting from significant technological advancements such as artificial intelligence (AI), machine learning, and robots. Agricultural robots in Thailand have become increasingly sophisticated, intelligent, and capable of performing a wide range of tasks such as planting cover crops, managing diverse cropping systems, and providing real-time data on soil health indicators with greater accuracy and efficiency as technology has advanced. Thus, it is expected to create significant opportunities for the adoption of agriculture robots within the country.
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:
• Amara Raja Technology
• Siam Robotics
• Nimble Robotics
• HAI Robotics
• Agrobotix
• Blue River Technology
• Vision Robotics
• CropIn Technologies
• FarmBot
• Iron Ox
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