Asia-pacific Agricultural Robots Market 2022-2028
MARKET OUTLOOK
As per Triton’s market research report, the Asia-Pacific agricultural robots market is expected to grow with a CAGR of 20.62% during the forecast period 2022-2028. The region’s market is studied across countries like Japan, India, China, ASEAN countries, Australia & New Zealand, South Korea, and Rest of Asia-Pacific.
Compared to North America and Europe, the Asia-Pacific has seen a rise in the population, resulting in a rising demand for food. This has resulted in the growth of the agricultural sector. The boom has increased the region's labor requirements, resulting in companies opting for agricultural robots. Robots tend to be efficient and provide quality work without any mishaps. However, with the increasing demands for agricultural robots in the market, finding proper software and HRI tools that will work in sync with robots has become challenging for the companies.
In India, the main problem faced by the agricultural sector is the improper distribution of quality seeds, dependence on manual labor, and soil erosion. To combat such issues, the Indian agricultural sector is moving towards artificial intelligence. The companies like DeHaat provide end-to-end farming solutions to farmers, including crop consultation, crop reminders, etc. Further, the company Absolute provides precision agriculture solutions, using microbiology, phytology and AI technology, and software solutions to control farm hardware systems.
COMPETITIVE OUTLOOK
Trimble Inc, Rowbot, EcoRobotix, Naio Technologies, CNH Industrial, BouMatic Robotics BV and Harvest Automation are some of the major competitors in the agricultural robots market.
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