Agriculture Robots Market Surge: Global Innovative Technologies Propel Growth by 2030 - Outdoor Deployments Emerge as a Key Game-Changer

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Feb 26, 2024, 13:00 ET

DUBLIN , Feb. 26, 2024 /PRNewswire/ -- The "Agriculture Robots Market by Offering (Hardware, Software), Deployment (Indoor, Outdoor), Automation Type (Automated, Semi-automated), and End Use (Crop Farming, Livestock, Forestry, Fishery) - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

The report underscores a striking expansion of the agriculture robots market, projecting it to reach a remarkable $23.9 billion valuation by 2030, progressing at a robust CAGR of 15.8% over the period from 2023 to 2030. The integration of advanced technologies like artificial intelligence is set to create new corridors of growth for the sector.

Detailed Findings: A closer look at the market shows Hardware leading the charge, with the segment expected to achieve significant gains, particularly driven by enhancements in livestock management and automated systems tackling labor shortages.

Outdoor Deployment: A Game-Changer

The disparity in labor supply and demand, coupled with the necessity to adapt to climatic uncertainties, firmly places Outdoor deployment on a steady trajectory for growth, as it emerges as a highly favored segment with the highest CAGR anticipated over the forecast period.

When exploring the types of automation, the Automated segment emerges at the vanguard, anticipated to grow at an unprecedented rate. This is fueled by the adoption of advanced technology and an ever-increasing demand for automated farming solutions, especially in Crop Farming applications.

Emphasis on End Uses:

Crop Farming is delving into innovative strategies for crop monitoring, weather tracking, and resource-efficient spraying and planting techniques. Livestock is undergoing transformation with advancements in health monitoring and systematic milking methodologies leading the developmental thrust.

Geographic Analysis:

Asia-Pacific is set to outpace other regions, registering the highest CAGR through 2030. The region's growth is galvanized by an escalation in smart device adoption for agriculture, an unwavering push for food quality improvement, precision farming, and substantial governmental backing.

The repertoire of players propelling this market forward includes global front-runners from Japan, the U.S., the Netherlands, China, Canada, France, New Zealand, Germany, Sweden, and the U.K., who are advancing the technological landscape and redefining agricultural practices globally.

Summary of the Exclusive Market Study:

The report answers pivotal questions pertaining to market segmentation, historical data, key driving forces, and competitive dynamics, offering a comprehensive overview for stakeholders and industry participants. Geographical trends, high-growth nations, and strategic movements by emerging local players provide a holistic global perspective to the study.

Key questions answered in the report:

Which are the high-growth market segments in terms of offering, deployment, automation type, end use, and countries?
What is the historical market for agriculture robots across the globe?
What are the market forecasts and estimates from 2023-2030?
What are the major drivers, restraints, and opportunities in the global agriculture robots market?
Who are the major players in the global agriculture robots market, and what shares of the market do they hold?
Who are the major players in various countries, and what shares of the market do they hold?
How is the competitive landscape?
What are the recent developments in the global agriculture robots market?
What strategies are adopted by the major players in the global agriculture robots market?
What are the geographical trends and high-growth countries?
Who are the local emerging players in the global agriculture robots market, and how do they compete with the other players?

Company Profiles

Leading Players (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)

Yanmar Holdings Co., Ltd.
AgEagle Aerial Systems Inc.
Lely International N.V.
BouMatic
DJI
Deere & Company
Clearpath Robotics Inc.
Naio Technologies
Robotics Plus Limited
GEA Group Aktiengesellschaft
DeLaval
Small Robot Company
XAG Co., Ltd.

Other Players (Business Overview, Product Portfolio)

Autonomous Tractor Corporation
Harvest Automation, Inc.
Agrobot
Harvest CROO Robotics LLC
Ibex Automation Ltd
Tortuga Agricultural Technologies, Inc
Nexus Robotics

Scope of the Report:

Market Assessment, by Offering

Hardware
Semi/Autonomous Tractors
Drones/UAVs
Fixed-Wing Drones
Rotary Blade Drones
Hybrid Drones
Milking Robots
Harvesting Robots
Feeding Robots
Robot Accessories
Other Agriculture Robots Hardware
Software
Services
Consulting & Training Services
Installation Services
Maintenance & Repair Services

Market Assessment, by Deployment

Outdoor
Indoor

Market by Assessment, by Automation Type

Automated
Semi-automated

Market by Assessment, by End Use

Crop Farming
Crop Monitoring
Harvesting & Picking
Irrigation Management
Crop Spraying
Weather Tracking and Monitoring
Inventory Management
Seed Planting
Other Crop Farming Applications
Livestock
Milking
Health Monitoring
Feeding
Inventory Management
Other Livestock Applications
Forestry
Fishery

For more information about this report visit https://www.researchandmarkets.com/r/lk0k22

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SOURCE Research and Markets