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The global agricultural robots market reached a value of US$ 6.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 17.8 Billion by 2027, exhibiting at a CAGR of 18.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Agricultural robots, also known as agribots, are one of the latest innovations in the agriculture industry. They are autonomous machines utilized for improving quality and efficiency of yield, minimizing reliance on manual labor, and increasing the overall productivity. Agricultural robots are usually equipped with end effectors or specialized arms for performing a wide range of horticultural activities such as weed control, seeding and planting, aerial data collection, filed mapping, fertilizing and irrigation, intercultural operations, harvesting, soil analysis, and environmental monitoring. Apart from this, these robots are also employed for washing and milking livestock in the dairy farming industry.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Global Agricultural Robots Market Drivers:
With growing population, the demand for food is rising at a rapid pace worldwide. As a result, farmers are now shifting towards modern tools and equipment, such as agricultural robots, to increase their total productivity and generating more revenue. Further, governments around the world are offering subsidies and undertaking initiatives to propagate awareness about automated technologies among farmers. For instance, the European Union has funded projects, such as GRAPE and MARS, to replace labor-intensive tasks with advanced automated technologies. Moreover, several established and start-up agricultural companies are investing in research and development activities to introduce an innovative range of agricultural robots.
IMARC Group provides an analysis of the key trends in each sub-segment of the global agricultural robots market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type, application and offering.
Breakup by Product Type:
Breakup by Application:
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Breakup by Offering:
Regional Insights:
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Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Deere & Company, Trimble Inc., Agco Corporation, Lely Holding S.À.R.L, AG Eagle LLC, Agribotix LLC, Agrobot, Harvest Automation, Naio Technologies, Precision Hawk, IBM, Agjunction, Inc., DJI, Boumatic Robotics, B.V., AG Leader Technology, Topcon Positioning Systems, Inc., Autocopter Corp, Auroras S.R.L., Grownetics Inc. and Autonomous Tractor Corporation.
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Billion |
| Segment Coverage | Product Type, Application, Offering, Region |
| Region Covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Companies Covered | Deere & Company, Trimble Inc., Agco Corporation, Lely Holding S.À.R.L, AG Eagle LLC, Agribotix LLC, Agrobot, Harvest Automation, Naio Technologies, Precision Hawk, IBM, Agjunction, Inc., DJI, Boumatic Robotics, B.V., AG Leader Technology, Topcon Positioning Systems, Inc., Autocopter Corp, Auroras S.R.L., Grownetics Inc. and Autonomous Tractor Corporation |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global agricultural robots market was valued at US$ 6.3 Billion in 2021.
We expect the global agricultural robots market to exhibit a CAGR of 18.6% during 2022-2027.
The prevalent trend of automation in the agriculture sector has led to the increasing demand for
agricultural robots to improve crop cultivation techniques and enhance overall productivity, is currently driving the global agricultural robots market.
The sudden outbreak of the COVID-19 pandemic has led to the rising application of agricultural robots as
numerous-labor intensive tasks are being replaced by automated tools, to minimize the risk of COVID-19
transmission via human interaction.
Based on the product type, the global agricultural robots market can be bifurcated into Unmanned
Aerial Vehicles (UAVs)/drones, milking robots, automated harvesting systems, driverless tractors, and
others. Currently, milking robots exhibit clear dominance in the market.
Based on the application, the global agricultural robots market has been segmented into crop
management, dairy farm management, animal management, field management, soil management, and others. Among these, crop management currently accounts for the largest market share.
Based on the offering, the global agricultural robots market can be divided into hardware, software, and
services. Currently, hardware holds the majority of the global market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East
and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global agricultural robots market include Deere & Company, Trimble
Inc., Agco Corporation, Lely Holding S.À.R.L, AG Eagle LLC, Agribotix LLC, Agrobot, Harvest Automation,
Naio Technologies, Precision Hawk, IBM, Agjunction, Inc., DJI, Boumatic Robotics, B.V., AG Leader
Technology, Topcon Positioning Systems, Inc., Autocopter Corp, Auroras S.R.L., Grownetics Inc., and
Autonomous Tractor Corporation.
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