Agricultural Robots Market 2022 Market Size & Forecast, Industry Trends, Manufacturers Analysis, & Opportunities 2030

The global agricultural robots market size is anticipated to expand at a compounded annual growth rate (CAGR) of 20.0% during the forecast period of 2022-2030.

Agricultural robots, also known as Agbots, are robots that are deployed for various agricultural purposes. By automating slow, and repetitive tasks for farmers, these robots are meant to replace human labor, speed the farming processes, enhance production efficiency, and reduce production costs. These robots are integrated with sensors and cameras to monitor various aspects for quality and production and are capable of spraying chemicals and fertilizers on farms with precision, sorting seeds, removing weed effectively, dairy and field farming, picking fruits, harvesting, etc.

Growth Drivers:

The primary factors driving the growth of the global agricultural robots market include: the rising adoption of agricultural robots due to the ever-increasing global population, the growing labor shortage and increasing wages; the proliferating need for farmers to raise production and enhance farm efficiency; the growing concerns pertaining to frequent climate variations; the burgeoning need for producing food products effectively and ensuring high sustainability; the escalating number of agricultural initiatives and support by governments, and the increasing number of agricultural technology companies developing & launching a wide variety of robots designed for various agricultural applications.

Additionally, the increasing demand for high-productivity farming practices to address the global food and water crises and the collection and processing of data to aid in better decision making on fertilizing, harvesting crops, and planting is resulting in the increased adoption of precision farming among farmers all across the globe. The shrinking arable land and scarcity in agricultural inputs also encourage the use of sustainable farming practices, thereby leading to the growth of the global agricultural robots market as robotics holds the distinction of the most viable and capable solution for sustainable or precision farming activities.

Moreover, the players present in the agricultural robots market are seen to putting colossal amounts of efforts into R&D activities for the continuous enhancement of existing robots and the development of technologically advanced robots with new and innovative features for improving agricultural productivity in different agricultural applications. The development and increasing adoption of these new and improved robots is projected to create ample growth opportunities for the global agricultural robots market during the forecast period.

Furthermore, other factors such as the existence of untapped market potential and scope for automation in agriculture; the growing use of real-time multimodal robot systems in fields; the developing IoT and navigation technologies driving down the cost of automation; the rising adoption of telematics sensors; the growing penetration of indoor farming process are expected to further bolster the growth of the market during the forecast period.

However, factors such as the high cost associated with the automation of small farms, the dearth of awareness about agricultural robots among the farmers, and the existence of technological barriers and issues with deployment of the robots commercially are expected to hinder the growth of the market some extent during the forecast period.

Agricultural Robots Market Segmentation:

By Type:

·         Milking Robots

·         UAVs/Drones

·         Automated Harvesting Systems

·         Driverless Tractors

·         Others

 

By Farm Produce:

·         Fruits & Vegetables

·         Field Crops

·         Dairy & Livestock

·         Others

 

By Farming Environment:

·         Indoor

·         Outdoor

 

By Application:

·         Harvest Management

·         Field Farming

·         Dairy & Livestock Management

·         Soil & Irrigation Management

·         Others

 

By Region:

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East and Africa

 

Based on type, the milking robots and UAV/drones segments jointly held the largest share of the global agricultural robots market in 2021. However, the driverless tractors segment is anticipated to take over the lead and dominate the global agricultural robots market during the forecast period of 2022-2030, on the basis of type. Factors including the fast-paced development of robot tractors from various leading tractor manufacturers, the rapid progress and development of the self-driving technology in the automotive industry, and the proliferating adoption of driverless tractors for automating field farming applications are primarily attributable to the high growth of the segment.

 

Based on application, the field farming segment is predicted to attain the highest CAGR in the market during the forecast period. The growing proliferation of UAVs and driverless tractors' high average selling price are the predominant factors anticipated to fuel the segment’s growth.

 

Based on farm produce, the field crops segment acquired the largest share of the global agricultural robots market in 2021. The segment is expected to continue with its dominance further and also achieve the highest growth rate in the market during the forecast period. The high application of different types of robots for field crop produce is majorly ascribed to the large share of the segment.

Regional Outlook:

The North American region led the global agricultural robots market in 2021. The region’s position is estimated to remain unchanged during the forecast period of 2022-2030. Factors primarily ascribed to the large share and the growth of the market in the region include: the highest global usage of drones in agriculture and livestock management applications; the rising labor shortage and high labor costs leading to the growing adoption of robots and automation in the region; the soaring adoption of precision farming activities across major parts of the region; the increasing number of guidelines set by the aviation authorities for the use of drones in commercial application in the region; the surging emphasis on the adoption of fruit and vegetable harvesting robots in the region; and the robust investment in R&D activities to develop cost-efficient and highly productive robots in the region. The US, Canada, and Mexico stand as the major contributors to the growth of the market in the region.

 

The Asia Pacific region is poised to emerge as the fastest-growing regional market for agricultural robots during the forecast period. The growth of the market in the region can be attributed to the presence of technologically-advanced countries; the burgeoning adoption of agricultural robots, particularly drones; the rapidly escalating government initiatives for encouraging the adoption of modern technologies; the surging awareness among farmers; the increasing utilization of farm mechanization in the agriculture industry; and the rapidly increasing demand for food due to the growing population in the region. India, China, Japan, Vietnam, Thailand, and South Korea are the major contributors to the growth of the market in the region.

 

Key Companies in Agricultural Robots Market:

·         AgEagle Aerial Systems

·         Harvest Automation

·         Naïo Technologies

·         Deere & Company

·         Autonomous Tractor Corporation

·         Clearpath Robotics

·         DroneDeploy

·         DJI

·         CNH Industrial NV

·         AGCO Corporation

·         DeLaval

·         Trimble Inc.

·         BouMatic Robotics

·         Lely

·         AgJunction

·         KUBOTA Corporation

·         Agrobot

·         FFRobotics

·         Monarch Tractor

·         Other Players