Press Release

Sep, 04 2024

The increasing demand for sustainable and Organic Farming Method is driving the growth of Agricultural Robots Market

The increasing demand for sustainable organic farming methods is propelling the growth of the agricultural robots market for several reasons. Organic farming practices emphasize environmentally friendly approaches, which often require more intensive labor and precise management of resources. Agricultural robots offer solutions by automating tasks such as planting, weeding, and harvesting, thereby reducing reliance on chemical inputs and minimizing environmental impact. They enable farmers to adopt more sustainable practices while enhancing productivity and efficiency, aligning with the growing global awareness and preference for eco-friendly farming solutions. As a result, the market for agricultural robots is expanding rapidly to meet the needs of farmers seeking to integrate technology into sustainable agricultural practices.

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Data Bridge Market Research analyses that  The Global Agricultural Robots Market is expected to reach USD 96.65 billion by 2031 from USD 15.92 billion in 2023, growing with a CAGR of 25.7% in the forecast period of 2024 to 2031. North America is expected to dominate the agricultural robots market with 35.89% market share and is expected to reach USD 34.95 billion by 2031, growing with a CAGR of 25.8% in the forecast period of 2024 to 2031. This region benefits from early adoption of precision agriculture and automation technologies, bolstered by substantial investments in agricultural technology research and development, alongside the presence of key market players.

Key Findings of the Study

Agricultural Robots Market

Collaboration and Partnership among Industry Players

The collaboration and partnership among industry players is significantly driving the agricultural robots market forward. By joining forces, companies can accelerate research and development, reduce time-to-market for new products, and enhance their competitive edge. Collaborative efforts also facilitate the integration of diverse technologies such as AI, IoT, and robotics, leading to more sophisticated and effective agricultural solutions. Furthermore, partnerships with academic institutions and government bodies can provide access to funding and regulatory support, further propelling the development and adoption of agricultural robots. This interconnected approach not only drives innovation but also opens new avenues for market expansion by reaching a broader customer base and entering new geographic regions.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion

Segments Covered

Type (Farming Robots, Milking Robots, Unmanned Aerial Vehicles/Drone and others), Component (Hardware, Software, and Services and others), Farming Environment (Outdoor and Indoor), Application (Field Farming, Dairy & Livestock Management, Harvest Management, Soil & Irrigation Management, Micro Spraying Robots), End Use (Farm Produce and Dairy & Livestock)

Countries Covered

U.S., Canada, Italy, France, Germany, Spain, Poland, Netherlands, Romania, Denmark, Belgium, Greece, Hungary, Portugal, Ireland, Austria, Czechia, Sweden, Bulgaria, Finland, Croatia, Lithuania, Slovakia, Latvia, Slovenia, Cyprus, Estonia, Luxembourg, Malta and Non-EU Europe, China, Australia, Japan, South Korea, India, New Zealand, Taiwan, Singapore, Malaysia, Thailand, Vietnam, Indonesia, Philippines, and Rest of Asia-Pacific, Brazil, Argentina, Mexico, and Rest of Latin America, Saudi Arabia, South Africa, Egypt, Bahrain, Oman, Israel, Kuwait, Qatar, U.A.E., and Rest of Middle East and Africa

Market Players Covered

YANMAR HOLDINGS CO., LTD. (Japan), AGCO Corporation (U.S.), Deere & Company (U.S.), DeLaval (Sweden), KUBOTA Corporation (Japan) Kinze Manufacturing (U.S.), Yamaha Co LTD (Japan), Farmwise, Clearpath Robotics, Inc. (Canada), BLUE RIVER TECHNOLOGY (U.S.), Autonomous Solution INC (U.S.), Trimble Inc. (U.S.) Carbon Robotics (U.S.), Vision Robotics Corporation (U.S.), Harvest Automation (U.S.), AGROBOT (Spain), Lely (Netherland), Harvest CROO Robotics (Florida), Naïo Technologies (China), and Robo Global Index (U.S.) among others

Data Points Covered in the Report

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis

Segment Analysis

The agricultural robots market is segmented into five notable segments, which are based on the basis type, component, farming environment, application and end use.

  • On the basis of type, the agricultural robots market is segmented into farming robots, milking robots, unmanned aerial vehicles/drone and others

In 2024, farming robots is expected to dominate the agricultural robots market

In 2024, farming robots is expected to dominate the market with a market share of 59.26% due to growing demand for smart and connected vehicle for safety features in vehicle.

  • On the basis of mode of component, the agricultural robots market is segmented into hardware, software and services

In 2024, hardware segment is expected to dominate the agricultural robots market

In 2024, hardware is expected to dominate the market with a market share of 59.99% due to increasing penetration of electronic systems/components in vehicle manufactured globally.

  • On the basis of farming environment, the global agricultural robots market is segmented into outdoor and indoor. In 2024, outdoor is expected to dominate the market with a market share of 70.11%
  • On the basis of application, the global agricultural robots market is segmented into field farming, dairy & livestock management, harvest management, soil & irrigation management, micro spraying robots and others. In 2024, field farming is expected to dominate the market with a market share of 34.99%
  • On the basis of end use, the global agricultural robots market is segmented into farm produce and dairy & livestock. In 2024, the farm produce segment is expected to dominate the market with a market share of 68.57%

Major Players

Data Bridge Market Research analyzes  YANMAR HOLDINGS CO. LTD. (Japan), AGCO Corporation (U.S.), Deere & Company (U.S.), DeLaval (Sweden), and KUBOTA Corporation (Japan) as the major companies operating in the global agricultural variable technology market.

Agricultural Robots Market

Market Development

  • In April 2024, Yanmar Holdings Co. Ltd. proudly announced its collaboration with the renowned Champagne House Maison Moët & Chandon. This partnership focused on advancing robotic and autonomous vineyard solutions, culminating in the development of the YV01 autonomous vineyard robot. The milestone highlighted their shared vision for enhancing productivity, safety, and sustainability in vineyard management. This collaboration has positioned Yanmar as a leader in innovative vineyard solutions, significantly enhancing their market reputation and expanding their influence in the industry
  • In June 2022, AGCO Corporation used the Apex. OS SDK for its Fendt Xaver self-driving agricultural vehicle. The technical partnership followed AGCO’s strategic investment in Apex AI. The integration of the Apex OS software kit enhanced Xaver’s real-time autonomous functions, allowing 24-hour precision planting with zero emissions. This collaboration benefited AGCO by shortening R&D timelines for smart agricultural solutions, advancing the future of highly automated farming robots, and supporting global deployment
  • In February 2024, Deere & Company partnered with SpaceX to enhance precision agriculture with fully automated systems. John Deere tractors now offer auto steering, easing driver stress and skill requirements. In 2022, they introduced the 8R robot, using AI for autonomous tilling, freeing farmhands for other tasks. This innovation significantly improved operational efficiency, boosting the company’s market competitiveness
  • In April 2024, DeLaval recently supplied equipment for a dairy farm in China, which is set to become the world's largest AMS (Automatic Milking System) farm with 50 DeLaval VMS V300 units starting in 2024. This move highlights the growing trend of robotic milking, which was increasingly adopted for its efficiency and cost benefits. As Western Europe leads in robotics due to high labour costs, similar advancements were seen globally. This project solidified DeLaval's leadership in the robotic milking sector and boosts its reputation in the international market
  • In September 2021, AGCO Corporation acquired Faromatics, a precision livestock farming company, known for ChickenBoy, the first ceiling-suspended robot that monitored broiler chickens. ChickenBoy used sensors to assess thermal sensation, air quality, light, and sound, coupled with AI to identify health risks and equipment issues. This acquisition aligned with AGCO's vision to be the go-to partner for smart farming solutions, enhancing livestock productivity and animal welfare. The move bolstered AGCO's innovation and customer profitability in smart farming

Regional Analysis

Geographically, the countries covered in the global agricultural robots market report are U.S., Canada, Italy, France, Germany, Spain, Poland, Netherlands, Romania, Denmark, Belgium, Greece, Hungary, Portugal, Ireland, Austria, Czechia, Sweden, Bulgaria, Finland, Croatia, Lithuania, Slovakia, Latvia, Slovenia, Cyprus, Estonia, Luxembourg, Malta and Non-EU Europe, China, Australia, Japan, South Korea, India, New Zealand, Taiwan, Singapore, Malaysia, Thailand, Vietnam, Indonesia, Philippines, and Rest of Asia-Pacific, Brazil, Argentina, Mexico, and Rest of Latin America, Saudi Arabia, South Africa, Egypt, Bahrain, Oman, Israel, Kuwait, Qatar, U.A.E., and Rest of Middle East and Africa.

As per Data Bridge Market Research analysis:

North America is expected to dominate and Asia Pacific is the fastest growing region in the agricultural robots market

North America is expected to dominate the region in the agricultural robots market due to its technologically advanced farms, extensive infrastructure, and supportive government policies. This region benefits from early adoption of precision agriculture and automation technologies, bolstered by substantial investments in agricultural technology research and development, alongside the presence of key market players. Whereas, Asia pacific is fastest growing region due to its continuous development of technology and investment of infrastructures.

For more detailed information about Global Agriculture Robots Market, click here – https://www.databridgemarketresearch.com/reports/global-agriculture-robots-market


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