Agriculture Robots Market

Global Agriculture Robots Market Size (2024 to 2029)

The global agriculture robots market size is expected to reach USD 6.82 billion in 2024 and reach USD 16.57 billion by 2029, growing at a CAGR of 19.43% from 2024 to 2029.

Consumer demand for food is quickly increasing as a result of the ongoing demographic boom. As a result, the agricultural business has been gradually adopting technological solutions to increase agricultural productivity.

Due to the need to produce food products efficiently and sustainably, agricultural robots are gaining popularity among farmers. These robots are used to speed up agricultural procedures while requiring minimal human participation. Agricultural robots are programmed to do a variety of tasks including field farming, land management, seed sorting, dairy farming, and more.

Due to fast industrialization, expanding infrastructure developments, and other factors, the number of agricultural, harvesting areas available for crop yielding is dwindling day by day, resulting in a global food supply shortage. As a result, today's farmers, milkmen, and others are attracted to equipment and machinery in order to get more production from the available land and animals. With the use of agricultural robots, farmers may achieve more output at a faster rate than they could with traditional farming methods. 

Market Growth

Over the forecast period, the global agricultural robots market is likely to be driven by a high demand for modernized and sustainable farming practices that create higher yields resulting in the rapid growth of the industry.

Market Drivers

The desire for agricultural robots is principally motivated by the fact that they greatly reduce human effort, which naturally results in lower labor costs in farming operations. The expanding demand for precision agriculture and the necessity for real-time data to aid decision-making is the primary driver of increased agricultural product deployment in the coming years. Farmers are increasingly using precision agriculture to collect and interpret data, which helps them make better decisions about fertilizing, planting, and harvesting crops. The technology offers enormous promise for increasing crop yields and revenues, as well as solving food and water shortages. Over the projected period, the industry demand is expected to be driven by the increasing requirement to monitor crop health for yield production and the increasing government backing for the implementation of advanced agricultural practices.

Market Restraints

Agriculture robots have mostly left smaller farms behind in the wake of repeated waves of automation. A tractor with autopilot capabilities can cost upwards of $100,000, and small farmers typically find that the return on investment (RoI) is insufficient. Despite the fact that auto-steering and drone technologies have matured and are among the most cost-effective automation solutions, their use in small farms is still limited. With the advent of more specialized and expensive robotics and software systems, these farms are anticipated to fall farther behind in terms of technology. Due to a lack of expertise and technical understanding among farmers in emerging countries such as India, China, and Brazil, this problem is particularly prevalent. As a result, several agricultural equipment manufacturers have started leasing their equipment rather than forcing their customers to make a one-time purchase.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Agriculture Robots Market By Product

Due to the necessity of producing food products efficiently and sustainably, agricultural robots are gaining popularity among farmers. These robots are used to speed up agricultural procedures while requiring minimal human participation.

Global Agriculture Robots Market By Application

Agricultural robots are programmed to execute a variety of tasks, including field farming, dairy farming, soil management, seed sorting, and more. Over the forecast period, the global agricultural robots market is likely to be driven by a high demand for modernized and sustainable farming practices that create higher yields.

REGIONAL ANALYSIS

Over the forecast period, the Asia-Pacific agricultural robotics market is expected to rise at a CAGR of 10.4 percent. The requirement to raise agricultural productivity with limited resources is the most important driving driver. Robotic equipment greatly reduces human intervention and eliminates the majority of human errors as the population grows and arable land becomes scarce. The employment of robots can also significantly reduce pesticide poisoning among farmers.

North America had the highest proportion of the market for agricultural robots. Due to growing labor scarcity, high labor expenses in the region, and a high per-capita disposable income, the market in the region is being driven by the rising use of advanced technologies. Some of the causes contributing to the region's growth include increased government encouragement for the deployment of robots in agriculture, such as unmanned aerial vehicles, driverless tractors, and other agriculture systems to enable smart farming. Some market players are substantially investing in the development of cost-effective and highly productive robots in order to boost farmer yields and lower expenses.

The agricultural robot market in Europe is now experiencing strong expansion. In the agriculture sector, agricultural robots are used to increase output yield. They let farmers focus on improving the quality of their produce by automating tedious chores. Aerial data collecting, field mapping, fertilizing and irrigation, intercultural operations, and environmental monitoring are all common uses for agricultural robots in Europe. The European Union's various plans to use drones for farming are driving the market for agriculture robots in Europe. They're also providing subsidies to help farmers become more conscious of automated technologies.

The rising desire for better, healthier, and more sustainable products at accessible prices across the Middle East and Africa has resulted in an increase in the demand for automation in the agriculture industry.

The rising desire for better, healthier, and more sustainable products at accessible prices across the Middle East and Africa has resulted in an increase in the demand for automation in the agriculture industry.

KEY MARKET PLAYERS

AGCO, Autonomous Solutions Inc., Autonomous Tractor Corporation, Clearpath Robotics, Deepfield Robotics, DeLaval, GEA Group, Harvest Automation, John Deere, Lely. Some of the market players dominate the global agricultural robots market.

DETAILED SEGMENTATION OF THE GLOBAL AGRICULTURE ROBOTS MARKET INCLUDED IN THIS REPORT

This research report on the global agriculture robots market is segmented and sub-segmented into the following categories.

By Product

• Driverless Tractors
• Unmanned Aerial Vehicles (UAVs)
• Milking Robots
• Automated Harvest Robots
• Others

By Application

• Dairy Management
• Irrigation Management
• Harvest Management
• Soil Management
• Inventory Management

By Region

• Asia Pacific
• North America
• Europe
• Middle East & Africa
• Latin America