Agricultural Robots Market By Component (Hardware, Software, Services); By Type (Milking Robots, Harvesting Robots, Drones, Driverless Tractors, Others); By Application (Crop Management, Irrigation Management, Inventory Management, Soil Management, Dairy

Agricultural Robots Market By Component (Hardware, Software, Services); By Type (Milking Robots, Harvesting Robots, Drones, Driverless Tractors, Others); By Application (Crop Management, Irrigation Management, Inventory Management, Soil Management, Dairy Management, Others); By Region, Segments & Forecast, 2018 - 2026

The global agricultural robots market size is expected to reach USD 103.50 billion by 2032, according to a new study by Polaris Market Research. The report “Agricultural Robots Market Share, Size, Trends, Industry Analysis Report, By Type; By Component (Software, Hardware, Services); By Farming Environment; By End-User; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The development of agricultural robots has increased awareness of automated machines, as seen by the growing demands for ecologically friendly farming methods, precision farming, and finding solutions to labor shortage problems. Growth in the agricultural robotics sector is anticipated as long as technology advances. When these robots are used, they will provide creative methods to boost output and meet the always-changing demands of the Agricultural sector. Additionally, the government and non-governmental organizations are actively working to get people to use these agricultural robots.

For instance, in October 2023, Germany announced the slogan “Our Smart Farming. For your harvest of tomorrow, aim to integrate AI-based systems, sensors, and autonomous robot solutions to ensure sustainability, efficiency, and safety.

In recent years, there has been a significant rise in the adoption of automated Agricultural practices to meet the rising demand by consumers for food production. Automated practices not only increase efficiency and monitor harvesting and plant health in real time but also reduce dependency on traditional farming practices and labor. Automated farming solutions can be classified into different levels, ranging from semi-automated technology, such as assisted steering, to fully automated systems, like weeding robots. These next-generation technologies utilize a combination of robotics, sensors, equipment, and analytics to help farmers make wiser decisions on the field and achieve more with less.

Agricultural Robots Market Report Highlights

The milking robots segment dominated the market due to its ability to flexibly run the milking process without the need for an operator, taking into consideration cattle health and well-being.

The software segment is anticipated to grow at the fastest CAGR owing to the integration of AI and ML in agricultural equipment innovations, which enhance efficiency and reduce dependency on laborers.

Outdoor farming has dominated the market share as it is an intensive framing practice that maximizes profit and is mainly used for commercial purposes.

Harvest management is expected to grow at the fastest CAGR by providing more accurate, streamlined, and data-driven techniques to maximize agricultural yields and reduce losses.

North America led the industry and accounted for a majority of market revenue share owing to a rapidly increasing adoption of robotic Agricultural farming practices with advanced techniques and technologies.

The global key market players include Boumatic Robotics, B.V., Topcon Positioning Systems, Inc., Autonomous Solutions, Inc., GEA Group, CLAAS KGaA mbH, CNH Industrial.

Polaris Market Research has segmented the Agricultural Robots market report based on type, component, farming environment, end-user and region:

Agricultural Robots, Type Outlook (Revenue - USD Billion, 2019 - 2032)

Milking robots

Driverless tractors

Unmanned aerial vehicles

Material management

Others

Agricultural Robots, Component Outlook (Revenue - USD Billion, 2019 - 2032)

Software

Hardware

Services

Agricultural Robots, Farming Environment Outlook (Revenue - USD Billion, 2019 - 2032)

Outdoor

Indoor

Agricultural Robots, End- User (Revenue - USD Billion, 2019 - 2032)

Crop management

Harvest management

Inventory management

Soil management

Dairy management

Others

Agricultural Robots, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Indonesia

Australia

Malaysia

Rest of Asia Pacific

Latin America

Argentina

Brazil

Mexico

Rest of Latin America

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa

Rest of Middle East & Africa