Agricultural Robots Report: Trends, Forecast and Competitive Analysis to 2030

Agricultural Robots Trends and Forecast

The future of the global agricultural robots market looks promising with opportunities in the planting & seeding management, spraying management, milking, monitoring & surveillance, harvest management, and livestock monitoring markets. The global agricultural robots market is expected to reach an estimated $29.4 billion by 2030 with a CAGR of 12.8% from 2024 to 2030. The major drivers for this market are growing concerns about ecosystem change, rising need for farm management to be optimized through the use of agricultural drones and robotics, and an increase in IoT devices linked to farm management to evaluate data on many parameters.

A more than 150-page report is developed to help in your business decisions.

Agricultural Robots by Segment

The study includes a forecast for the global agricultural robots by offering, type, application, and region

Agricultural Robots Market by Offering [Shipment Analysis by Value from 2018 to 2030]:

• Agricultural Robot Hardware- Automated & Controlled System
• Agricultural Robot Sensor & Monitoring Device
• Agricultural Robot Software Service

Agricultural Robots Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Driverless Tractors
• UAVs
• Dairy Robots
• Material Management

Agricultural Robots Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Planting & Seeding Management
• Spraying Management
• Milking
• Monitoring & Surveillance
• Harvest Management
• Livestock Monitoring
• Others

Agricultural Robots Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Agricultural Robots Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies agricultural robots companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the agricultural robots companies profiled in this report include-

• Deere & Company
• CNH Industrial
• Lely
• AgJunction
• DeLaval
• Deepfield Robotics
• Naio Technologies
• KUBOTA

Agricultural Robots Market Insights

Lucintel forecast that dairy robots will remain the largest segment over the forecast period due to rising number of dairy farming tasks, like as feeding, milking, and keeping an eye on the health of the milking animals that can be automated with the help of robots, as well as, to lowering labor expenses, this technology guarantees reliable, premium milk production.

Within this market, planting and seeding management will remain the largest segment due to the technological advancements, as well as, automation, robotics, and artificial intelligence technologies continue to advance, agricultural robots have grown in capability and effectiveness.

APAC is expected to witness highest growth over the forecast period because of innovation and technological progress in nations like China, India, and Japan that have resulted in the creation of sophisticated robotics solutions for the agricultural industry, as well as, growing demand for efficient farming methods, expanding population and growing worries about food security in the region.

Features of the Global Agricultural Robots Market

Market Size Estimates: Agricultural robots market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Agricultural robots market size by offering, type, application, and region in terms of value ($B).

Regional Analysis: Agricultural robots market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different offering, type, application, and regions for the agricultural robots market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the agricultural robots market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the agricultural robots market size?

Answer: The global agricultural robots market is expected to reach an estimated $29.4 billion by 2030.

Q.2 What is the growth forecast for agricultural robots market?

Answer: The global agricultural robots market is expected to grow with a CAGR of 12.8% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the agricultural robots market?

Answer: The major drivers for this market are growing concerns about ecosystem change, rising need for farm management to be optimized through the use of agricultural drones and robotics, and an increase in IoT devices linked to farm management to evaluate data on many parameters.

Q4. What are the major segments for agricultural robots market?

Answer: The future of the global agricultural robots market looks promising with opportunities in the planting & seeding management, spraying management, milking, monitoring & surveillance, harvest management, and livestock monitoring markets.

Q5. Who are the key agricultural robots market companies?

Answer: Some of the key agricultural robots companies are as follows:

• Deere & Company
• CNH Industrial
• Lely
• AgJunction
• DeLaval
• Deepfield Robotics
• Naio Technologies
• KUBOTA

Q6. Which agricultural robots market segment will be the largest in future?

Answer: Lucintel forecast that dairy robots will remain the largest segment over the forecast period due to rising number of dairy farming tasks, like as feeding, milking, and keeping an eye on the health of the milking animals that can be automated with the help of robots, as well as, to lowering labor expenses, this technology guarantees reliable, premium milk production.

Q7. In agricultural robots market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period because of innovation and technological progress in nations like China, India, and Japan that have resulted in the creation of sophisticated robotics solutions for the agricultural industry, as well as, growing demand for efficient farming methods, expanding population and growing worries about food security in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the agricultural robots market by offering (agricultural robot hardware- automated & controlled system, agricultural robot sensor & monitoring device, and agricultural robot software service), type (driverless tractors, unmanned aerial vehicles (UAVs), dairy robots, material management, and others), application (planting & seeding management, spraying management, milking, monitoring & surveillance, harvest management, livestock monitoring, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?