Agricultural Robots Market Size, Analysis and Forecast


Data Bridge Market Research analyses that the agricultural robot market is expected to reach USD 83,563.83 million by 2030, which was USD 8,184.03 million in 2022, registering a CAGR of 33.70% during the forecast period of 2023 to 2030.

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"The  Agricultural Robots Market report includes historic data, present market trends, market environment, technological innovation, upcoming technologies, and technical progress in the related industry. This report provides accurate information about market trends, industrial changes, and consumer behavior, among other factors. The base year for calculation in the report is 2021, with the historic year being 2020, which informs how the Agricultural Robots Market will perform in the forecast years by outlining market definitions, classifications, applications, and engagements. The significant Agricultural Robots Market report also aids in prioritizing market goals and achieving profitable business outcomes.

An influential Agricultural Robots Market survey report is a comprehensive study of the market, offering insights into the market's status in the forecast period of 2022-2029. The market research covered in this report helps the management of a firm plan by providing accurate and up-to-date information about consumer demands, changing tastes, attitudes, preferences, and buying intentions, among other factors. The company profiles of all major market players and brands dominating the Agricultural Robots Market, with moves such as product launches, joint ventures, mergers, and acquisitions affecting sales, import, export, revenue, and CAGR values, have been cited in the report.

Agriculture is rapidly becoming an exciting high-tech industry, drawing new companies, investors, and professionals. As technology advances rapidly in agriculture, it is also progressing the production capabilities of farmers and evolving automation and robotics. Agricultural robots are one of the evolving technologies with the highest potential in agriculture. Agriculture robot is proving to be the most beneficial machine in growing production yields for farmers. Hence, to keep up with the ever-increasing demand for advanced technologies in the agriculture sector, farmers are bound to adopt advanced and latest innovations in their agricultural process.

Data Bridge Market Research analyses that the agricultural robot market is expected to reach USD 83,563.83 million by 2030, which was USD 8,184.03 million in 2022, registering a CAGR of 33.70% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Explore Further Details about This Research Agricultural Robots Market Report

https://www.databridgemarketresearch.com/reports/global-agricultural-robots-market

Agricultural Robot Market Scope and Segmentation

REPORT METRIC

DETAILS

Forecast Period

2023 - 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Unmanned Aerial Vehicles (UAVs), Milking Robots, Driverless Tractors, Automated Harvesting Systems, Other Robots), Offering (Hardware, Software, Services),  Farming Environment (Indoor, Outdoor), Farm Produce (Fruits and Vegetables, Field Crops, Livestock, Others), Application (Harvest Management, Field Farming, Dairy and Livestock Management, Irrigation Management, Pruning Management, Weather Tracking and Monitoring, Inventory Management, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Clearpath Robotics Inc. (U.S.), AgEagle Aerial Systems Inc. (U.S.), Trimble Inc. (U.S.), Deere Company. (U.S.), AgJunction (Canada), DeLaval (Sweden), Abundant Robots (U.S.), Grownetics, Inc. (U.S.), Auroras s.r.l. (Italy), GAMAYA (Switzerland), YANMAR HOLDINGS CO., LTD (Japan), Kubota Agricultural Machinery India Pvt. Ltd. (India), AGCO Corporation (U.S.), Harvest Automation (U.S.), Harvest CROO Robotics LLC.(U.S.)

Market Opportunities

  • Increasing integration of AI technology in agricultural robots
  • Growing government initiatives for automated technologies
 

Market Definition

Agriculture robots are those automated machines that are specially innovated for agricultural applications. These robots are used for farming with minimum human interference. Farmers use these machines for tasks such as pruning, mowing, spraying, and others. These agricultural robots have high necessity in the modern world to increase production proficiently. The advantage of agriculture robots is that they can work 24/7.

Global Agricultural Robot Market Dynamics

Drivers

  • Increasing awareness among farmers regarding smart agriculture

Growing awareness among farmers regarding smart agriculture will likely propel market growth. Smart agriculture refers to using technologies such as robots, sensors, and location systems on a farm. Progressively increasing awareness among farmers regarding smart agriculture is increasing the adoption of agricultural robots. Utilizing agricultural robots in smart agriculture improves food production and enhances the quality of food. As a result of all these factors, boost the market growth during the forecast period.

  • Growing demand for milking robots widens the market scope

Increasing demand for milking robots in the agriculture sector is anticipated to drive the growth of the agricultural robot market. Milking robots are also called voluntary and automatic milking systems devoted to extracting milk from animals. This product would help in reducing workforce costs and increasing the milk yield. The milking procedure with the help of these machines normally takes about 7 minutes, and thus, farmers can save more time to focus on overall herd health. This is enhancing the market growth.

Opportunities

  • Increasing integration of AI technology in agricultural robots

The growing integration of artificial intelligence (AI) technology in agricultural robots will likely create lucrative market growth opportunities. For instance, Future Acres introduced its first robot, Carry, in 2021 with plans to tackle grape picking. Carry relies on artificial intelligence (AI) technology to transport hand-picked crops. Also, this will help to reduce the challenges of labor shortages. Thus, increasing the integration of AI technology in agricultural robots boosts the market growth.

  • Growing government initiatives for automated technologies

Governments all over the globe are undertaking initiatives and offering subsidies to increase awareness about automated technologies among farmers. For instance, the European Union launched projects, such as Robs4Crops, for smart implements of fully autonomous farming systems in 2021. Robs4Crops is assisting farmers in filling the labor shortage, positively changing the farming landscape. This is likely to create ample opportunities for the market and improve the scope of the agricultural robots market.

Points to focus in the  Agricultural Robots Market report

  1. The report offers market share appraisals for regional and global Agricultural Robots Market levels
  2. To gain detailed overview of parent  Agricultural Robots Market
  3. Information about key drivers, restraints, opportunities, and their impact analysis on the market size has been provided.
  4. The study provides an in-depth analysis of the global order management software market and current future trends to elucidate imminent investment pockets.
  5. Analyze and forecast  Agricultural Robots Market on the basis of type, function and application.

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