The Agriculture Robots Market is expected at USD 4.6 billion in 2021 and is anticipated to the extent of an over of USD 20.3 billion by the end of the assessment period. The Agriculture Robots Market is estimated to experience reasonable growth to record a CAGR of 34.5% throughout the estimated period (2021-2026).
Technological development has had a great impact on various sectors such as packaging, food and beverages, health, agriculture, and construction. With the continuing population boom, consumer demand for food is increasing rapidly. Agricultural robots are gaining ground among farmers due to the need to produce food products efficiently and ensure sustainability. These robots are deployed to speed up agricultural processes with minimal human intervention. Various agricultural robots are programmed to perform different agricultural processes such as field cultivation, soil management, seed sorting, milk production, etc. The great need for modernized and sustainable agricultural processes to produce faster yields is expected to drive the global market for agricultural robots during the forecast period.
The emergence of the COVID-19 pandemic, a deadly respiratory disease that originated in China, has now become a global problem and has also affected the market for agricultural robots. Most types of agricultural robots have been affected by this crisis, which is expected to have a short-term impact. For example, in the Q1 2020 conference call, Trimble's (US) CFO announced that its OEM hardware business, which together accounts for less than 15% of revenue, has been significantly impacted by the closure of its customers' production facilities. John Deere (USA) reported in its second-quarter 2020 results that revenues were down 18% and 13% in three and six months respectively in 2020 compared to 2019.
The company's agriculture and turf segment (which responds to the needs of the agricultural robot market) decreased turnover by 18%. The COVID-19 pandemic will have a variable impact on different agricultural robots. The milking robot market is expected to be the hardest hit, as supply chain disruptions have a greater effect on dairy products due to their perishable nature. In contrast, the market for drones and automated harvesting systems will not be as affected as milking robots. However, most agricultural robots will continue to see strong growth as farmers seek to reduce their reliance on manual labor and embrace automation more. Therefore, the overall market for agricultural robots is expected to recover from 2021.
In June 2019, AGCO Corporation (USA), under the Fuse brand, launched AGCO Connect in North America to provide customers and dealers with access to machine location data and diagnostics.
In April 2019, Trimble (USA) announced the release of Farmer Core software that integrates machine-generated data to simplify setup and streamline operations for various agricultural activities. This is an entry-level software subscription available to farmers.
Low-cost IoT devices connected to farm management software help farmers analyze weather, temperature, humidity, and even accounting data. They also provide information to optimize performance, improve planning, and make smarter decisions to maximize productivity. For example, CropX (USA) is a company that provides soil sensors for farms that can provide alerts when soil conditions are not optimal. A farmer can receive real-time notifications of lower humidity levels in a certain part of the field and change the water distribution in the irrigation system accordingly. Lely (Netherlands) developed an identification tag (Qwes) to autonomously monitor livestock and collect data in the field for efficient and productive milk production.
There are other possibilities to apply more advanced sensor technologies, combined with more autonomous systems, to perform tasks on farms. This applies to extensive and intensive (indoor) production systems. The use of real-time kinematic (RTK) GPS navigation in agriculture has become a standard for tractors and combines automatic steering systems.
For many applications, the standalone GPS signal can provide sufficient accuracy without the need for additional beacons. AgJunction (USA) Wheelman Pro Automatic Steering System Using GPS costs $ 3,995, making it affordable for many farmers. For high-precision tasks, multimodal systems based on a combination of GPS, INS, LiDAR, and vision systems are used to provide greater precision. Companies like ecoRobotix (Switzerland) have automated the sowing and weeding process by combining a GPS and a vision system. While the COVID-19 pandemic is expected to accelerate the deployment of agricultural robots to minimize the risks of human contamination, many agricultural robots are still being field-tested and will likely not be ready for commercial deployment even after the pandemic is over.
For example, compared to drones and milking robots, most gathering and weeding robots are still in the prototype stage. Even fully autonomous and driverless tractors are currently being rolled out in very limited numbers due to the fact that the technology is relatively new. For example, Harvest CROO (USA), a manufacturer of strawberry picking robots, has yet to commercialize its product despite successful field trials. Driverless tractor manufacturers such as Kubota (Japan) are still perfecting their autonomous navigation technology despite the deployment of driverless tractors in limited numbers. Therefore, since the technology of many agricultural robots has not yet reached maturity, it is expected to hamper the market growth.
Market Size Available
2021 – 2026
2021 - 2026
By Product, By Application
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled
Deepfield Robotics, DeLaval, Clearpath Robotics, John Deere, Harvest Automation, Autonomous Solutions Inc., Lely, AGCO, Autonomous Tractor Corporation, and GEA Group.
Agricultural robots are gaining ground among farmers due to the need to produce food products efficiently and ensure sustainability. These robots are deployed to speed up agricultural processes with minimal human intervention
Various agricultural robots are programmed to perform different agricultural processes such as field farming, dairy production, soil management, seed sorting, etc. The great need for modernized and sustainable agricultural processes to produce faster yields is expected to drive the global market for agricultural robots during the forecast period.
The global Agriculture Robots Market has been studied in four regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America had a significant share of around 31.5% in 2015 and has become one of the most influential markets due to the high adaptability of consumers to new technologies. The change in the regulatory policy of the Federal Aviation Administration that encourages the commercial use of drones has influenced the growth of the market in the region. Improving the imaging capabilities of drones further improves crop yields and profits for organizations. The agricultural industry needs an infusion of technology to improve food production.
Agricultural mechanization has dramatically increased the profitability of the agricultural sector in developed countries. Increased government support for the adoption of modern agricultural techniques is expected to stimulate market demand. For example, the Farm Advisory System (FAS) helps farmers better understand EU standards on the environment, animal health, and good agricultural and environmental conditions. The European Union has simplified the rules and regulations for drone operations, which are expected to drive industry growth in the region. The increase in venture capital and the increasing industrialization of the agricultural sector are expected to have a positive impact on demand in the segment.
DeLaval had the largest share of the Agriculture Robots Market in terms of sales revenue in 2021.
The Agriculture Robots Market is concentrated with well-established players. Key players in the Agriculture Robots Market include Deepfield Robotics, DeLaval, Clearpath Robotics, John Deere, Harvest Automation, Autonomous Solutions Inc., Lely, AGCO, Autonomous Tractor Corporation, and GEA Group.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Agriculture Robots Market, By Product
6.1.1 Material Management
6.1.2 Automated Harvest Robots
6.1.3 Milking Robots
6.1.4 Unmanned Aerial Vehicles (UAVs)
6.1.5 Driverless Tractors
6.1.6 Others (Forest Management and Animal Management)
6.1.7 Market Size Estimations & Forecasts (2021-2026)
6.1.8 Y-o-Y Growth Rate Analysis
6.1.9 Market Attractiveness Index
6.2 Agriculture Robots Market, By Application
6.2.1 Inventory Management
6.2.2 Soil Management
6.2.3 Harvest Management
6.2.4 Irrigation Management
6.2.5 Dairy Management
6.2.6 Others (Field Mapping and Pruning Management)
6.2.7 Market Size Estimations & Forecasts (2021-2026)
6.2.8 Y-o-Y Growth Rate Analysis
6.2.9 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2021- 2026)
7.2.1 By Country
7.2.2 By Product
7.2.3 By Application
7.3.1 By Country
220.127.116.11 Rest of Europe
7.3.2 By Product
7.3.3 By Application
7.4 Asia Pacific
7.4.1 By Country
18.104.22.168 South Korea
22.214.171.124 South East Asia
126.96.36.199 Australia & NZ
188.8.131.52 Rest of Asia-Pacific
7.4.2 By Product
7.4.3 By Application
7.5 Latin America
7.5.1 By Country
184.108.40.206 Rest of Latin America
7.5.2 By Product
7.5.3 By Application
7.6 Middle East and Africa
7.6.1 By Country
220.127.116.11 Middle East
7.6.2 By Product
7.6.3 By Application
8. Key Player Analysis
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Deepfield Robotics
8.3 DeLaval, Clearpath Robotics
8.4 John Deere
8.5 Harvest Automation
8.6 Autonomous Solutions Inc.
8.9 Autonomous Tractor Corporation
8.10 GEA Group
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures