The global Agriculture Robots Market Growth Accelerated by Increased Automation in Agriculture Sector

 

Agriculture Robots Market

Agriculture robots are specialized robots deployed for agricultural and farming operations. They help in seeding, weed removal, crop monitoring and harvesting. They provide efficiency and consistency in farming, reduce labor costs and maximize crop yields. The global Agriculture Robots Market is estimated to be valued at US$ 13.24 billion in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

 

Market key trends:

The increased adoption of precision farming and automation in agriculture is driving the growth of the agriculture robots market. Precision farming makes use advanced technologies like sensors, GPS and other automation tools to optimize crop yields. Robots help to monitor soil conditions, seed and fertilizer levels which help farmers manage their crop health efficiently. They also complete tasks with high precision which improves productivity and quality of produce. Technologies continue to advance robot capabilities for tasks like weed control and harvest enabling their increased usage across various crop types and sizes of farms. This is expected to significantly boost the demand for agriculture robots during the forecast period.

Segment Analysis

 

The global agriculture robots market is segmented based on type as unmanned aerial vehicles (UAVs/drones), milking robots, driverless tractors, automated harvesting systems, and others. Among these, the unmanned aerial vehicles (UAVs/drones) segment dominates the market and accounted for the highest share in 2022. Drones find widespread adoption for crop scouting, crop monitoring, and mapping to help farmers take better decisions and optimize crop yield. With advancements in location positioning technologies, navigation, computer vision, and analytics, drones are increasingly being used for precision agriculture applications.

 

Key Takeaways

 

The Global Agriculture Robots Market Share is expected to witness high growth during the forecast period of 2023 to 2030. The market size for 2023 is US$ 13.24 Bn and is expected to grow at a CAGR of 13% during the forecast period.

 

Regional analysis

North America region currently dominates the agricultural robots market owing to large scale adoption of advanced agricultural mechanization and presence of tech giants and major agriculture robots manufacturers in the region. However, Asia Pacific region is expected to witness the highest growth during the forecast period supported by factors such rising labor cost, shortage of agricultural workforce, and government initiatives to promote technology adoption in agriculture. Countries like China, India are widely adopting automation solutions including agriculture robots to optimize yields.

 

Key players

Key players operating in the agricultural robots market are Deere & Company, AGCO Corporation, Agribotix LLC, Agrobot and Blue River Technology. Deere & Company is the leading player with wide offerings of robots and automation solutions for agriculture such as drones, milking robots, autonomous tractors etc. AGCO Corporation offers automation solutions for tasks like seeding, harvesting through its precision farming portfolio. Agribotix and Agrobot supply affordable drones and robotics for precision agriculture applications. Blue River Technology sells computer vision technology based automated crop spraying robots. These major players are focusing on developing innovative solutions through partnerships and strategic collaborations to strengthen their market presence.


Get More Insights Here

https://www.newswirestats.com/agriculture-robots-market-size-share-growth-outlook-2023/

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