Agriculture Robots Market Research Report - Forecast till 2030

Agriculture Robots Market Research Report Information By Type (Driverless Tractors, Unmanned Aerial Vehicles (UAVs), Milking Robots, Automated Harvest Robots, Material Management, Others), By Application (Dairy Management, Irrigation Management, Harvest Management, Soil Management, Inventory Management, Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) โ€“ Market Forecast Till 2030.

ID: MRFR/SEM/8669-HCR | 100 Pages | Author: Aarti Dhapte | February 2024         

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Global Agriculture Robots Market Overview:

Agriculture Robots Market Size was valued at USD 6.32 Billion in 2022. The Agriculture Robots industry is projected to grow from USD 7.72 Billion in 2023 to USD 17.56 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 13.64% during the forecast period (2023 - 2030). Farmers are more interested in agricultural robots as a result of the requirement to produce food items efficiently and ensure sustainability. These robots are used to accelerate farming procedures with fewer human inputs. To carry out various farming tasks, including field farming, dairy farming, seed sorting, soil management, and others, a variety of agricultural robots are programmed. For the forecast period, a high need for modernized and sustainable farming methods to create higher yields is anticipated to boost the global market for agricultural robots. 

Agriculture Robots Market

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Agriculture Robots Market Trends

  • Constant Government Support

Governments all across the world have declared many helpful measures, including providing subsidies or aid for increased productivity and launching campaigns to raise farmers' knowledge of agricultural robots. For instance, the European Union has supported initiatives like GRAPE and MARS to substitute cutting-edge automated technology for labor-intensive occupations. Additionally, several existing and new agricultural businesses are investing in R&D initiatives to release a cutting-edge line of agricultural robots on the market, which is projected to accelerate the market's growth rate throughout the forecast period.

Agriculture Robots Market Segment Insights:

Agriculture Robots Types Insights

The market segmentation, based on Types, includes Driverless Tractors, Unmanned Aerial Vehicles (UAVs), Milking Robots, Automated Harvest Robots, Material Management, and Others. The Automated Harvest Robots segment may dominate the market. There has been a growing demand for automation in the agriculture industry due to factors such as labor shortages, increased efficiency, and cost savings. Automated harvest robots, in particular, have gained popularity as they can help farmers increase the speed and accuracy of their harvest processes.

Agriculture Robots Application Insights

Based on Application, the global market segmentation includes Dairy Management, Irrigation Management, Harvest Management, Soil Management, Inventory Management, and Others. The Soil Management segment is expected to dominate the market. Robots designed for soil management can perform tasks such as soil mapping, soil analysis, and soil preparation. These robots can help farmers improve the health of their soil, reduce soil erosion, and increase crop yields. The increased demand for food due to a growing global population and the need for sustainable agriculture practices are expected to drive the growth of the soil management segment of the Agriculture Robots market.

Figure 2: Agriculture Robots Market, by Types, 2022 & 2030 (USD Billion)

Agriculture Robots Market, by Types, 2022 & 2030

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Agriculture Robots Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The largest market for agricultural robots is in North America. The majority of drones are used in agricultural and livestock management in the US. In the US, drones are used for a wide range of tasks, such as planting, chemical spraying, crop monitoring, and irrigation management. Additionally, milking robots hold great potential for the nation. Lely, a global leader in milking robots, estimates that 5% of all dairy farms in the U.S. already utilize milking robots, and that number is anticipated to rise by 20% to 30% soon. Canada has also shown promise as a market for self-driving tractors and robot milkers.

Figure 3: Agriculture Robots Market SHARE BY REGION 2022 (%)

Agriculture Robots Market SHARE BY REGION 2022

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Agriculture Robots Key Market Players & Competitive Insights

The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their global presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Agriculture Robots industry must offer affordable products.

Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the global Agriculture Robots industry to benefit customers and expand the market sector. Major market players, including AGCO, John Deere, Verdant Robotics, GEA Group, and others, are attempting to increase market demand by funding R&D initiatives.

The AGCO Corporation is a producer and supplier of agricultural machinery and accessories. The firm provides a variety of agricultural instruments, such as tractors, combines, self-propelled sprayers, hay tools, fodder equipment, seeding and tillage tools, implements, grain storage systems, and systems for protein production. Several different brands, including Challenger, Fendt, Massey Ferguson, and Valtra, are used to sell the company's goods. Through independent dealers, distributors, affiliates, and licensees, AGCO sells its goods. Through its joint ventures with Rabobank in the financial sector, the business also offers retail loans.

John Deere is a producer of equipment for agriculture, forestry, and construction. It operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. It produces mid-size tractors, combines, cotton pickers, harvesters, and loaders for sugarcane, and also machinery for soil improvement, seeding, application, and crop maintenance. A variety of equipment and service components are manufactured and distributed by the Construction and Forestry section for use in building, earthmoving, constructing roads, material handling, and wood harvesting. Dealer sales and leases of forestry, construction, and agricultural equipment are financed by the Financial Services sector.

Key Companies in the Agriculture Robots market include

Agriculture Robots Industry Development

June 2022: The Small Robot Company (SRC) announced it had introduced agricultural robots at about 50 farms during the 2022–2023 growing season.

February 2022: Verdant Robotics introduced their robot-as-a-service (RaaS) approach to provide more specialty crop producers with access to more sustainable and lucrative growing techniques.

January 2022: John Deere exhibited a fully autonomous tractor that is ready for mass production. This equipment comprises a Deere 8R tractor, a TruSet-enabled chisel plow, a GPS navigation system, and other cutting-edge technologies.

Agriculture Robots Market Segmentation

Agriculture Robots Types Outlook

  • Driverless Tractors

  • Unmanned Aerial Vehicles (UAVs)

  • Milking Robots

  • Automated Harvest Robots

  • Material Management

  • Others

Agriculture Robots Application Outlook

  • Dairy Management

  • Irrigation Management

  • Harvest Management

  • Soil Management

  • Inventory Management

  • Others

Agriculture Robots Regional Outlook

  • North America

    • US

    • Canada

  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific

  • Rest of the World

    • Middle East

    • Africa

    • Latin America

Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 6.32 Billion
Market Size 2023 USD 7.72 Billion
Market Size 2030 USD 17.56 Billion
Compound Annual Growth Rate (CAGR) 13.64% (2023-2030)
Base Year 2022
Market Forecast Period 2023-2030
Historical Data 2018 & 2022
Market Forecast Units Value (USD Million)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Types, Applications, and Regions
Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled AGCO, Autonomous Solutions Inc, Autonomous Tractor Corporation, Small Robot Company, Deepfield Robotics, Verdant Robotics, GEA Group, Harvest Automation, John Deere, Lely
Key Market Opportunities Advancements in artificial intelligence (AI) and robotics technologies
Key Market Dynamics The penetration of IoT and navigation technologies. The increasing use of drones for crop mapping.

Frequently Asked Questions (FAQ) :

The Agriculture Robots Market size was valued at USD 6.32 Billion in 2022.

The global market is projected to grow at a CAGR of 13.64% during the forecast period, 2023-2030.

North America had the largest share of the Agriculture Robots Market.

The key players in the market are AGCO, Autonomous Solutions Inc, Autonomous Tractor Corporation, Small Robot Company, Deepfield Robotics, Verdant Robotics, GEA Group, Harvest Automation, John Deere, and Lely.

The Automated Harvest Robots category dominated the market in 2022.

Soil Management had the largest share in the global market for Agriculture robots.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major playersโ€™ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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