Indoor Farming Robots Market Research Report - Global Forecast till 2027

Indoor Farming Robots Market Research Report: By Type (Robot Gripper, Cutting Robot, Robotic Fodder, Material Handling Robot, Incubators, Monitoring Drones, Others), By Automation (Semi-Autonomous, Fully Autonomous), By Application (Fruits & Vegetables, Floriculture) - Forecast till 2027

ID: MRFR/SEM/7144-CR | November 2019 | Region: Global | 105 pages

Please note that the assessment period of report has been updated from 2019-2025 to 2020-2027. Cordially fill the sample form for updated data.

Market Overview

Global Indoor Farming Robots Market size is poised to reach a value of USD 358.5 Million by 2025, according to the report by Market Research Future (MRFR). It is deemed to exhibit 22.53% CAGR over the forecast period (2019-2025). Indoor farming robots are expected to witness traction owing to the massive demand for food and emergence of vertical farming. The robots can take care of hard labor and harvesting while leaving the plant health and nutrition on farmers.

COVID-19 Analysis

The COVID-19 pandemic has had a positive impact on the farming industry as farmers rely on robots and drones for cultivation of crops. The minimum physical contact guideline can curb the spread of the COVID-19 virus. The shortage of laborers and investments in artificial intelligence and automation can spur the yield rate and protect humans. Sensors integrated into automated systems can schedule light, water, humidity, and CO2 levels for optimum results.

Market Dynamics

  • Drivers

  • Opportunities

  • Restraints

  • Challenges

  • Cumulative Growth Analysis

Segment Analysis

By Type

By Automation

By Application

Regional Analysis

Competitive Landscape

Global Indoor Farming Robots Market is highly competitive owing to the high demand for fresh produce and investments by venture capital firms. Rising trend of agritech and automation coupled with shift to AI has led to developments in features and attributes of robots. The entry of startups and private firms into the sector for producing successful yields as meeting the shortage of laborers can be opportune for market players.

Key Companies Covered in the Report

  • OnRobot (Denmark)

  • Visser Horti Systems BV (Netherlands)

  • Javo (Netherlands)

  • Root AI (U.S.)

  • Iron-Ox (U.S.)

  • FarmBot Inc. (U.S.)

  • Metomotion (Israel)

  • FodderWorks (U.S.)

  • Harvest Automation (U.S.)

Recent Developments

  • Farm66 has developed indoor robots with efficient robotic arms capable of cultivating high-quality crops at indoor farms in Hong Kong. In addition, the partnership with local stores and online channels assist them in selling their produce and gain returns.

Report Scope

The global indoor farming robots market report by MRFR looks at the dynamic changes in the agriculture industry owing to policies and reforms by various governments. Fluctuations in trade policies and implementation of latest technologies are likely to navigate the market in the coming years. It is segmented in the following manner for readers:

By Type

  • Material Handling Robot

  • Cutting Robot

  • Robotic Fodder

  • Robot Gripper

  • Incubators

  • Monitoring Drones

  • Others

By Automation

  • Fully Autonomous

  • Semi-autonomous

By Application

  • Floriculture

  • Fruits & Vegetables

Report Scope:
Report Attribute/Metric Details
  Market Size   USD 358.5 Million
  CAGR   22.53%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Automation, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   OnRobot (Denmark), Visser Horti Systems BV (Netherlands), Javo (Netherlands), Root AI (U.S.), Iron-Ox (U.S.), FarmBot Inc. (U.S.), Metomotion (Israel), FodderWorks (U.S.), Harvest Automation (U.S.)
  Key Market Opportunities

  • AI-based robots help to improve crop quality and detect diseases and pests in plants.
  • The agriculture industry is investing significantly in discovering new ways to increase agricultural production by using artificial intelligence (AI) and automation.
  •   Key Market Drivers

  • The massive demand for food and emergence of vertical farming.
  • Increasing demand for food.

  • Frequently Asked Questions (FAQ) :

    The global indoor farming robots market is poised to register a market value of USD 358.5 million.

    The indoor farming robot market was valued at USD 89.7 million in 2018.

    There are two types of automated indoor farming robots – semi-automated and fully automated, wherein the semi-automated type is driving the market growth.

    The market is expected to expand at a CAGR of approximately 21.43% over the review period (2019-2025).

    A few of the significant market players operating in the global indoor farming robots market are BV(Netherlands), FodderWorks(US), Harvest Automation(US), Javo(Netherlands), FarmBot Inc.(US), and Metomotion(Israel) among others.