Demand for driverless tractor and increasing application of robots for indoor farming, dairy management, and horticulture are the factors responsible for the growth of the agriculture robotics market.
Agricultural robots are also called as agbot, which is deployed for agricultural purposes. Farming evolves huge human efforts, so to reduce human resources in agriculture, robots are being implanted to replace human. Further better precision, weed control and error-free working in fields are emerging application of robots.
Agriculture robots are deployed for horticultural activities such as spraying, pruning, and monitoring. Also, these robots are used for livestock applications, for instance, castrating, automatic milking, and washing.
Agriculture robotics market: drivers and restraints
Replace the farmer’s effort with smart robots is the major driver propelling the growth of the market. Also, population all across the world is increasing, which is fuelling the demand for more crop production, thus piloting the growth of agriculture robotics market during the forecast period.
The government of emerging nation such as India and China is focussing on launching a smart farmer project, which is anticipated to create huge industry expansion opportunity in the nearer future. Further, the demand for driverless tractor and increasing application of robots for indoor farming, dairy management, and horticulture are the other factors responsible for the growth of the agriculture robotics market.
High initial investment and skilled staff for accessing the robot are the two factors coupled together to challenge the growth of the agriculture robotics market in recent years. Apart from this, government subsidy and farmer development training programs may assist in overcoming the above mention challenge.
Global agriculture robotics market: market segmentation
Global agriculture robotics market can be divided into four segments, based on product type, application, offering and region.
Segmentation on the basis of product type for agriculture robotics market
The major segments of agriculture robotics market on the basis of the product type include:
- Driverless tractors
- Milking robots
- Automated harvesting machine
Segmentation on the basis of the application for agriculture robotics market
The major segments of agriculture robotics market on the basis of the application include:
- Field farming
- Diary management
- Indoor farming
Segmentation on the basis of offering for agriculture robotics market
The major segments of agriculture robotics market on the basis of the offering include:
- Hardware – automated and control system
- Sensor and monitoring device
- Software service
Segmentation on the basis of the region for agriculture robotics market
The major segments of agriculture robotics market on the basis of region include:
- Asia-Pacific excluding Japan
- The Middle East and Africa
- Western Europe
- North America
- Eastern Europe
- Latin America
Global agriculture robotics market: regional trend
North America is expected to witness the largest market growth regarding revenue, owing to increasing penetration towards modern agriculture equipment. Further countries such as Canada and the U.S are anticipated to exhibit positive market growth, due to increasing inclination adoption of the automation process.
Asia-Pacific countries such as China, India are estimated to capture the fastest market growth, owing to supportive government regulation to encourage smart agriculture project in the respective region, is expected to spur the demand for agriculture robotics in forthcoming years.
Global agriculture robotics market: competitive landscape
The key players associated with agriculture robot market include AGCO Corporation,
Agribotix LLC, AgEagle Aerial Systems Inc, Autonomous Tractor LLC, Blue River Technology
Inc., AutoProbe Technologies LLC, BouMatic Robotics BV, Deere & Company, Harvest Automation Inc., Precision Hawk, Yamaha Motor Corporation and GoPro, Inc.
(Source: Report by Future Market Insights)