Fruit Picking Robots Market Growth Accelerated by Increased Adoption of Automation
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Fruit Picking Robots Market |
Fruit picking robots utilize
vision systems, servo motors, and artificial intelligence to identify, harvest,
and collect ripe fruits with minimal damage. They can operate 24/7 and pick selectively
based on parameters like color, size, and ripeness. This eliminates the
requirement for human laborers and reduces the production costs for farms. The
global fruit picking robots market is estimated to be valued at US$ 728.07 Mn
in 2023 and is expected to exhibit a CAGR of 40% over the forecast period 2023
to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
One of the major drivers fueling
the fruit picking robots market growth is the increased focus on reducing labor
costs. Farm owners have to rely on human laborers for harvesting activities
which involves high wages and other ancillary costs. Fruit picking robots help
address the issue of inadequate and costly human labor. They can harvest fruits
faster than humans and operate throughout the day without the need for breaks,
thus improving productivity and lowering operational costs for farms. Another
driver is the implementation of government initiatives and subsidies promoting
adoption of agricultural robotics. Various countries are supporting R&D and
commercialization of robotics solutions through funding, tax incentives, and
favorable regulations. This is encouraging more farmers to invest in fruit
picking robots for reaping greater profits.
SWOT Analysis:
Strength: Fruit picking robots
have three main strengths - they are highly efficient, consistent and can pick
fruits 24 hours a day without tiring. Their fruit picking is precise without
damage, ensuring high quality harvest. They minimize labor costs significantly
by replacing human pickers.
Weakness: Initial investment cost
of fruit picking robots is quite high for small farmers. Adverse weather
conditions can affect performance of robots. They also lack the flexibility of
human pickers to handle special tasks. Dependence on technology also introduces
risks of technical glitches or network issues affecting operations.
Opportunity: Global demand for
fruits is increasing rapidly with growing health awareness. Many countries face
shortage of farm labor which robots can address. Governments in some countries
offer subsidies for precision farming technologies. Advancement in robotics,
AI, sensors will enhance capabilities of fruit picking robots over time.
Threats: Traditional farmers may
resist automation due to job losses. Local regulations around robot deployment
on farms can vary. Competition from other alternative harvesting methods poses
threats. Potential technical challenges from complex orchard environments
require continuous upgrades in robot designs.
Key Takeaways
The Global
Fruit Picking Robots Market Share is expected to witness high growth
over the forecast period supported by rising labor costs and shortage of farm
workers globally.
Regional analysis comprises: The Asia Pacific region holds over 35%
market share currently due to proactive government support and high technology
adoption among large fruit farmers in China, Japan and South Korea. China is
the early frontrunner with over 50,000+ fruit picking robots already in
commercial use across provinces. North America and Europe are other large and
lucrative markets growing at 30-35% annually with focus on automation amid
labor issues.
Key players operating in the fruit picking robots market include
Abbot Laboratories, Medtronic, DexCom, iRhythm Technologies, and Texas
Instruments. Abbott Laboratories has a wide global presence with innovative
computer vision enabled robots for orchards.
Get More Insights Here
https://www.newswirestats.com/fruit-picking-robots-market-size-share-growth-outlook-2023/
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