PUBLISHER: Grand View Research | PRODUCT CODE: 1363543
PUBLISHER: Grand View Research | PRODUCT CODE: 1363543
Agricultural Robots Market Size, Share & Trends Analysis Report By Application (Milking, Planting & Seeding Management), By Type (Driverless Tractors, UAVs), By Offering (Software, Hardware), By Region, And Segment Forecasts, 2023 - 2030
Agricultural Robots Market Growth & Trends:
The global agricultural robots market size is projected to achieve a valuation of USD 48.06 billion by 2030, according to a recent report from Grand View Research, Inc.. It is expected to grow at a CAGR of 20.6% from 2023 to 2030. This anticipated growth is underpinned by factors reshaping the agricultural sector such as labor shortage, and precision agriculture. As the global population continues to grow and the imperative to meet escalating food demand becomes more pronounced, the agricultural community is actively pursuing innovative solutions to enhance the efficiency of farming operations.
For instance, the agriculture sector is constantly adopting advanced robotic technologies to automate tasks such as planting, harvesting, weeding, and sorting & overcome labor shortage issues, precise application of fertilizers, and boost overall productivity by overcoming constraints such as time limitations or adverse weather conditions faced by farmers. Thus, the ability of agriculture robots to address labor shortages, optimize resource use, enhance productivity, promote sustainability, and contribute to food security renders them essential assets for the agriculture sector.
The market growth is primarily attributed to the rapid advancements in technology such as autonomous navigation, and machine visions. Robotics companies and agricultural equipment manufacturers are investing heavily in research and development, resulting in the emergence of sophisticated robots specifically designed for farming application. For instance, GEA, an international technology group company, aims to increase its R&D investments by nearly 45% from 2022 to 2026 to enhance its sales of products across various segments, including farm technologies, which comprises automatic milking & feeding systems, also known as GEA feeding robot. These robots are equipped with advanced sensors, machine vision, and artificial intelligence algorithms, enabling them to perform tasks such as planting, seeding, harvesting, and crop monitoring with precision and efficiency.
Adopting agricultural robots enables farmers to embrace more sustainable farming practices, effectively reducing soil compaction, minimizing chemical usage, and limiting the environmental footprint of their operations. This aligns with the global emphasis on sustainable agriculture and responsible resource management. These robots are equipped with advanced sensors and data analytics capabilities, collecting extensive data on crop conditions, soil quality, and weather patterns. This valuable dataset can be analyzed to make informed decisions about crop management, leading to improved yields and reduced wastage.
The COVID-19 pandemic has had a dual impact on the market for agricultural robots. On one hand, it has highlighted the need for automation and reduced human intervention in farming processes. On the other hand, the economic uncertainties caused by the pandemic have led to a cautious approach toward investments in advanced agricultural robotics technology due to the high initial capital requirements and lack of awareness about the potential benefits.
The market is competitive with the presence of several key players. The prominent players are adopting strategies such as partnerships and collaborations to gain a competitive edge. For instance, in 2022, AGCO Corporation and Apex A.I., an autonomous mobility software company, announced a collaboration to advance robotic planting technology. This collaboration aims to develop and deploy autonomous planting machinery that can operate with precision and efficiency in the field. By leveraging Apex.AI's expertise in autonomous software systems, AGCO aims to integrate cutting-edge technology into their planting equipment, potentially revolutionizing how crops are sowed.
Agricultural Robots Market Report Highlights:
- The market is experiencing rapid growth driven by increasing labor shortages and rising labor costs. As rural populations shift towards urban areas, the availability of skilled agricultural workers is declining. Additionally, labor costs continue to rise, putting pressure on farmers to seek alternative solutions. Agriculture robots provide an efficient and cost-effective alternative by automating labor-intensive tasks, reducing the reliance on human workers, and mitigating the impact of labor shortages and escalating costs
- Based on application, the milking segment held the largest market share of 30.0% in 2022. It will retain its dominance over the forecast period as milking robots operate autonomously and can perform milking tasks 24/7. This continuous milking capability ensures that milking animals can be milked at their preferred times, maximizing milk production efficiency
- Based on type, the UAVs segment is anticipated to grow at the highest CAGR of 22.0% over the forecast period, owing to factors such as UAVs enabling farmers to regularly monitor the condition of their crops throughout the growing season. Early detection of disease outbreaks, nutrient deficiencies, or pest infestations allows for timely intervention, reducing crop losses
- Based on offering, the software segment is anticipated to exhibit the highest CAGR of 26.5% during the projected period. This remarkable growth within the software segment can be ascribed to the integration of advanced navigation systems and artificial intelligence algorithms in agriculture robots. Utilizing software algorithms empowers these robots with autonomous navigation capabilities, effectively maneuvering across fields, circumventing obstacles, and efficiently carrying out tasks
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.4. Research Assumptions
- 1.5. List of Data Sources
- 1.5.1. Secondary Sources
- 1.5.2. Primary Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope Outlook
- 3.1. Market Lineage Outlook
- 3.2. Agricultural Robots Market Value Chain Analysis
- 3.3. Agricultural Robots Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint/Challenge Analysis
- 3.3.3. Market Opportunity Analysis
- 3.4. Industry Analysis - Porter's Five Forces Analysis
- 3.4.1. Supplier Power
- 3.4.2. Buyer Power
- 3.4.3. Substitution Threat
- 3.4.4. Threat of New Entrants
- 3.4.5. Competitive Rivalry
- 3.5. Agricultural Robots Market PESTEL Analysis
- 3.5.1. Political Landscape
- 3.5.2. Economic Landscape
- 3.5.3. Social Landscape
- 3.5.4. Technology Landscape
- 3.5.5. Environmental Landscape
- 3.5.6. Legal Landscape
- 3.6. Impact of COVID-19 on the Agricultural Robots Market
Chapter 4. Agricultural Robots Market Application Outlook
- 4.1. Agricultural Robots Market, By Application Analysis & Market Share, 2022 & 2030
- 4.2. Planting & Seeding Management
- 4.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3. Spraying Management
- 4.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.4. Milking
- 4.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.5. Monitoring & Surveillance
- 4.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.6. Harvesting Management
- 4.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.7. Livestock Monitoring
- 4.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.8. Others
- 4.8.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 5. Agricultural Robots Market Type Outlook
- 5.1. Agricultural Robots Market, By Type Analysis & Market Share, 2022 & 2030
- 5.2. Driverless Tractors
- 5.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.3. UAV's
- 5.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.4. Dairy Robots
- 5.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.5. Spraying Robots
- 5.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.6. Material Management
- 5.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 6. Agricultural Robots Market Offering Outlook
- 6.1. Agricultural Robots Market, By Offering Analysis & Market Share, 2022 & 2030
- 6.2. Hardware
- 6.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.3. Software
- 6.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.4. Services
- 6.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 7. Agricultural Robots Market: Regional Estimates & Trend Analysis
- 7.1. Agricultural Robots Market Share by Region, 2022 & 2030
- 7.2. North America
- 7.2.1. Market estimates and forecasts, 2017 - 2030
- 7.2.2. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.2.3. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.2.4. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.2.5. U.S.
- 7.2.5.1. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.2.5.2. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.2.5.3. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.2.6. Canada
- 7.2.6.1. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.2.6.2. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.2.6.3. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecasts, 2017 - 2030
- 7.3.2. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.3.3. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.3.4. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.3.5. UK
- 7.3.5.1. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.3.5.2. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.3.5.3. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.3.6. Germany
- 7.3.6.1. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.3.6.2. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.3.6.3. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.3.7. France
- 7.3.7.1. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.3.7.2. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.3.7.3. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecasts, 2017 - 2030
- 7.4.2. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.3. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.4.4. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.4.5. China
- 7.4.5.1. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.5.2. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.4.5.3. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.4.6. India
- 7.4.6.1. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.6.2. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.4.6.3. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.4.7. Japan
- 7.4.7.1. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.7.2. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.4.7.3. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Market estimates and forecasts, 2017 - 2030
- 7.5.2. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.5.3. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.5.4. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.5.5. Brazil
- 7.5.5.1. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.5.5.2. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.5.5.3. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.5.6. Mexico
- 7.5.6.1. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.5.6.2. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.5.6.3. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecasts, 2017 - 2030
- 7.6.2. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.6.3. Market estimates and forecasts, By Type, 2017 - 2030 (USD Million)
- 7.6.4. Market estimates and forecasts, By Offering, 2017 - 2030 (USD Million)
Chapter 8. Agricultural Robots Market Competitive Landscape
- 8.1. Key Market Participants
- 8.1.1. AGCO Corporation
- 8.1.2. Autonomous Solutions, Inc
- 8.1.3. BouMatic
- 8.1.4. CNH Industrial N.V.
- 8.1.5. CLAAS KGaA mbH
- 8.1.6. GEA Group
- 8.1.7. Harvest Automation, Inc.
- 8.1.8. Trimble, Inc.
- 8.1.9. Agrobot
- 8.1.10. Lely
- 8.1.11. DeLaval
- 8.2. Key Company Market Share Analysis, 2022
- 8.3. Company Categorization
- 8.4. Strategic Mapping
- 8.4.1. Expansion
- 8.4.2. Mergers & Acquisition
- 8.4.3. Partnerships & Collaborations
- 8.4.4. Product/service launch
- 8.4.5. Others
List of Tables
- Table 1 Global Agricultural Robots Market revenue estimates and forecast, by Application, 2017 - 2030 (USD Million)
- Table 2 Global Agricultural Robots Market revenue estimates and forecast, by Type, 2017 - 2030 (USD Million)
- Table 3 Global Agricultural Robots Market revenue estimates and forecast, by Offering, 2017 - 2030 (USD Million)
- Table 4 Participant's Overview
- Table 5 Financial Performance
- Table 6 Product Benchmarking
- Table 7 Key companies undergoing expansion
- Table 8 Key companies involved in mergers & acquisitions
- Table 9 Key companies undertaking partnerships and collaboration
- Table 10 Key companies launching new product/service launches
List of Figures
- Fig. 1 Agricultural Robots Market segmentation
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Data validating & publishing
- Fig. 6 Market snapshot
- Fig. 7 Segment snapshot, by Application and Type
- Fig. 8 Segment snapshot by Offering
- Fig. 9 Competitive landscape snapshot
- Fig. 10 Agricultural Robots Market value, 2017 - 2030 (USD Million)
- Fig. 11 Agricultural Robots Market - Industry value chain analysis
- Fig. 12 Agricultural Robots Market - Market trends
- Fig. 13 Agricultural Robots Market: Porter's analysis
- Fig. 14 Agricultural Robots Market: PESTEL analysis
- Fig. 15 Agricultural Robots Market, by Application: Key takeaways
- Fig. 16 Agricultural Robots Market, by Application: Market share, 2022 & 2030
- Fig. 17 Planting & Seeding Management Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 18 Spraying Management Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 19 Milking Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 20 Monitoring & Surveillance Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 21 Harvest Management Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 22 Livestock Monitoring Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 23 Others Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 24 Agricultural Robots Market, by Type: Key takeaways
- Fig. 25 Agricultural Robots Market, by Type: Market share, 2022 & 2030
- Fig. 26 Driverless Tractors Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 27 UAVs Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 28 Dairy Robots Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 29 Material Managements Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 30 Agricultural Robots Market, by Offering: Key takeaways
- Fig. 31 Agricultural Robots Market, by Offering: Market share, 2022 & 2030
- Fig. 32 Hardware Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 33 Software Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 34 Services Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 35 Global Agricultural Robots Market revenue, by region, 2022 & 2030 (USD Million)
- Fig. 36 North America Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 37 U.S. Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 38 Canada Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 39 Europe Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 40 UK Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 41 Germany Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 42 France Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 43 Asia Pacific Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 44 China Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 45 India Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 46 Japan Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 47 Latin America Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 48 Brazil Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 49 Mexico Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 50 Middle East & Africa Agricultural Robots Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 51 Key company categorization
- Fig. 52 Agricultural Robots Market - Key company market share analysis, 2022
- Fig. 53 Strategic framework
