The Global Agricultural Robots Market size is expected to reach $47.3 billion by 2030, rising at a market growth of 20.1% CAGR during the forecast period.
The Internet of Things and connectivity have enabled agricultural robots' remote monitoring and management. Therefore, Monitoring & Surveillance segment generated $1,941.9 million revenue in the market in 2022. As a result, Farmers can control and monitor their robots from smartphones or computers, improving operational efficiency. These robots provide real-time data on plant health, soil quality, and pest infestations, enabling farmers to make informed decisions and optimize resource allocation. Surveillance applications extend to security, where robots can patrol and safeguard agricultural properties, deterring theft and vandalism.
The major strategies followed by the market participants are Partnerships, Collaborations & Agreements as the key developmental strategy to keep pace with the changing demands of end users. For instance, In April, 2023, GEA Group prolonged its collaboration with Albert Kerbl GmbH, to furnish cost-effective, top-tier dairy production solutions, ensuring that milk producers can operate efficiently, maintaining impeccable hygiene and comfort. Moreover, In June, 2022, AGCO has formed a collaborative alliance with Apex.AI, Inc, both companies are focused on enhancing the seamless operation of farm robots by leveraging a cutting-edge software development kit.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AGCO Corporation, Autonomous Solutions, Inc., Lely International N.V., CNH Industrial N.V., CLAAS KGaA mbH, GEA Group AG, Harvest Automation, Inc., Trimble, Inc., Agrobot and DeLaval.
The Internet of Things and connectivity have enabled agricultural robots' remote monitoring and management. Therefore, Monitoring & Surveillance segment generated $1,941.9 million revenue in the market in 2022. As a result, Farmers can control and monitor their robots from smartphones or computers, improving operational efficiency. These robots provide real-time data on plant health, soil quality, and pest infestations, enabling farmers to make informed decisions and optimize resource allocation. Surveillance applications extend to security, where robots can patrol and safeguard agricultural properties, deterring theft and vandalism.
The major strategies followed by the market participants are Partnerships, Collaborations & Agreements as the key developmental strategy to keep pace with the changing demands of end users. For instance, In April, 2023, GEA Group prolonged its collaboration with Albert Kerbl GmbH, to furnish cost-effective, top-tier dairy production solutions, ensuring that milk producers can operate efficiently, maintaining impeccable hygiene and comfort. Moreover, In June, 2022, AGCO has formed a collaborative alliance with Apex.AI, Inc, both companies are focused on enhancing the seamless operation of farm robots by leveraging a cutting-edge software development kit.
Cardinal Matrix
Market Competition Analysis
Based on the Analysis presented in the Cardinal Matrix; CNH Industrial N.V is the major forerunner in the Market. In May, 2023, CNH Industrial N.V. partnered with BOSCH BASF Smart Farming GmbH operates as ONE SMART SPRAY, to enhance its clients' spraying capabilities by incorporating multiple cameras and green-on-brown (plant on soil) weed detection, tailored to their individual requirements, even in challenging low-light conditions. Companies such as AGCO Corporation, Trimble, Inc., GEA Group AG are some of the key innovators in the Market.
Market Growth Factors
Increasing demand for food
Urbanization is a global trend, with more people living in cities. This trend reduces the availability of arable land close to urban centers. To ensure a consistent food supply, farmers need to optimize the use of available land through technology and automation. Climate change is impacting traditional farming methods. More extreme weather events, changing precipitation patterns, and rising temperatures can disrupt crop production. The increasing demand for food, driven by population growth, changing dietary preferences, and urbanization, is a fundamental driver of growth in the market.Growing environmental concerns
Concerns over water scarcity and efficient water use have led to the development agricultural robots with precise irrigation capabilities. These robots can apply water where and when needed, reducing wastage and conserving this critical resource. Due to chemicals and habitat disruption, traditional farming practices can negatively impact local biodiversity. Agricultural robots can help minimize these impacts by reducing chemical use and practicing precision farming techniques. This supports global efforts to mitigate climate change. Environmental concerns play a significant role in increasing the adoption and growth of the market.Market Restraining Factors
High initial investment
Access to financing, including loans and grants, for purchasing agricultural robots can be challenging for some farmers. Financial institutions may be unfamiliar with the technology or reluctant to provide loans for agricultural automation. Agricultural robots, like any machinery, depreciate over time. Farmers often operate on tight budgets and may be risk-averse, especially if unfamiliar with the technology. The high initial investment represents a significant financial risk, and some hesitate to take that risk. Thus, the high initial investment required for agricultural robots is one of the primary challenges in the market.Application Outlook
By application, the market is categorized into planting & seeding management, spraying management, milking, monitoring & surveillance, harvest management, livestock monitoring, and others. The monitoring and surveillance segment covered a considerable revenue share in the market in 2022. Agricultural robots equipped with cameras and sensors can monitor crops' health, growth, and condition. They can capture images and data, which are then analyzed to assess factors like crop stress, disease, or pest infestations. The monitoring and surveillance segment is a critical component of the market, as it enables farmers to make more informed, data-driven decisions and enhance the efficiency and productivity of their operations.
Type Outlook
Based on type, the market is classified into driverless tractors, UAVs, dairy robots, and material management. The UAVs segment acquired a substantial revenue share in the market in 2022. The need for precision agriculture, efficient pest management, and optimized crop spraying drives the rising demand for UAVs. These aerial robots equipped with sophisticated sensors and imaging capabilities enable farmers to monitor crop health, detect diseases, and evaluate yield potential, optimizing resources. UAVs also provide precise weed and pest management, lowering hazardous chemicals' usage and encouraging sustainable practices.Offering Outlook
On the basis of offering, the market is divided into hardware, software, and service. In 2022, the hardware segment dominated the market with maximum revenue share. The hardware segment is crucial to the market, serving as the backbone of these innovative farming solutions. It includes the physical components and machinery, such as motors and batteries, that enable robots to perform various duties in agricultural environments. Hardware components are frequently intricate and require advanced engineering knowledge, precise manufacturing processes, and stringent quality control.Regional Outlook
Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region acquired a significant revenue share in the market. Developing sophisticated robotics solutions for the agricultural industry results from technological development and invention in nations like Japan, India, and China. Agriculture robots provide a solution by automating labor-intensive operations and boosting crop yields. Strong government support and a diverse agricultural landscape enhance the region's potential for agriculture robot growth.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AGCO Corporation, Autonomous Solutions, Inc., Lely International N.V., CNH Industrial N.V., CLAAS KGaA mbH, GEA Group AG, Harvest Automation, Inc., Trimble, Inc., Agrobot and DeLaval.
Strategies deployed in the Market
Partnerships, Collaborations, and Agreements:
- Oct-2023: Lely International N.V. came into partnership with Konrad Pumpe GmbH, a pioneering firm in the field of plant engineering. In this collaborative effort, Lely International sought to incorporate Konrad's dosing systems into their range of feeding solutions and make them available through the extensive Lely Centre network. This mutually beneficial alliance enables Konrad to broaden its business reach, while providing Lely Centres with the opportunity to offer fresh, innovative options to farmers.
- May-2023: CNH Industrial N.V. has partnered with BOSCH BASF Smart Farming GmbH operates as a ONE SMART SPRAY, a technology company specializing in digital tools and agronomic intelligence. Through this partnership, CNH intends to enhance its clients' spraying capabilities by incorporating multiple cameras and green-on-brown (plant on soil) weed detection, tailored to their individual requirements, even in challenging low-light conditions.
- Apr-2023: GEA Group has prolonged its collaboration with Albert Kerbl GmbH, a leading supplier of agricultural products for livestock farmers. Together, they aspire to furnish cost-effective, top-tier dairy production solutions, ensuring that milk producers can operate efficiently, maintaining impeccable hygiene and comfort.
- Jan-2023: Autonomous Solutions, Inc. has unveiled its latest project in partnership with SICK AG, introducing autonomous yard truck operations. This collaboration marks an expansion in Autonomous Solutions' efforts to address the challenge of autonomous trailer backing for their clients. The innovative solution combines the Vehicle Automation Kit (VAK) from ASI with SICK's cutting-edge LiDAR technology from the industrial sector.
- Jun-2022: AGCO has formed a collaborative alliance with Apex.AI, Inc., a leading autonomous software development firm. Through this strategic partnership, both companies are focused on enhancing the seamless operation of farm robots by leveraging a cutting-edge software development kit. This kit empowers the creation of safety-critical applications with global deployment capabilities, spanning across our spectrum of solutions in autonomous driving. This initiative is set to enhance software development processes for increased safety and scalability, facilitating customers in transitioning their research and development projects into commercial-ready products with unprecedented speed.
- Jun-2022: AGCO has entered into a collaborative agreement with Farm Robotics and Automation S.L ("Faromatics"), a company specializing in precision livestock farming. This partnership aims to enhance existing features and drive innovation that empowers customers to enhance their profits and advance animal welfare. This is achieved through the deployment of a suite of sensors for monitoring thermal comfort, air quality, illumination, and sound levels. Additionally, artificial intelligence (AI) is employed to detect potential health and welfare risks, as well as risks to farm equipment.
- Jun-2022: Autonomous Solutions, Inc. has forged a collaborative alliance with SoftBank Robotics America, Inc., a leading player in industrial ground vehicle automation. This strategic partnership is set to unleash a diverse array of services designed to expedite the resolution of labour-related challenges and drive advancements in the fields of landscaping care and logistics solutions.
Product Launches and Product Expansions:
- Mar-2023: DeLaval has launched the OptiWagon, a cutting-edge autonomous feeding robot that streamlines operations from weighing and cutting to mixing and transporting feed to the feeding area. This technological advancement is geared towards optimizing the conversion of roughage dry matter into milk, thereby boosting efficiency in milk production.
- Sept-2022: GEA has introduced the GEA DairyFeed F4500, a cutting-edge autonomous feeding robot capable of independently managing up to 300 cows. This innovative product features sensor technology designed to minimize feed wastage and optimize time efficiency. The GEA DairyFeed F4500 is set to revolutionize the dairy farming industry, not only by reducing operational expenses but also by contributing to a significant reduction in carbon emissions.
- Jan-2022: Trimble has unveiled the SMARTPILOT robotic tractor series, a cutting-edge technology designed to revolutionize agricultural equipment and services. This innovation specifically aims to tackle challenges such as the aging farming demographic and the declining workforce in agriculture, ultimately contributing to alleviating global food shortages and enhancing precision in farming practices.
Acquisition and Mergers:
- Sept-2022: Trimble, Inc. completed the acquisition of Bilberry, a French technology company specializing in selective spraying. Through this acquisition the company aimed to take Bilberry technology which target only the unwanted crops without interfering with the healthy crop. through this Trimble will be able to wider its reach in the market.
- May-2021: CLAAS KGaA has embarked on a collaborative endeavour with the Dutch startup AgXeed B.V and secured a minority ownership stake in AgXeed B.V, a company specializing in an autonomous ecosystem of machinery and a cloud-based portal. By making this investment, CLAAS sought to address the growing requirements for agricultural machinery by harnessing cutting-edge technologies. The objective was to enhance productivity, leading to improved overall performance.
- Jun-2021: CNH Industrial N.V. has revealed its acquisition of the entire capital stock of Raven Industries, Inc., a company committed to advancing farming through cutting-edge innovation and technology. With this acquisition, CNH intends to bolster its precision farming portfolio by integrating a digital transformation strategy. This strategic move will enable CNH to merge its existing product lineup with Raven's, fostering the development of an innovative product that enhances productivity and efficiency for both companies.
- July-2020-: DeLaval has completed the acquisition of Milkrite | InterPuls Limited, a provider of milking point solutions to farmers worldwide. Through this partnership Delaval aims to further enhance farming conditions and promote the overall advancement of the agriculture sector.
Scope of the Study
Market Segments Covered in the Report:
By Type- Dairy Robots
- Driverless Tractors
- UAVs
- Material Management
- Milking
- Harvest Management
- Livestock Monitoring
- Spraying Management
- Planting & Seeding Management
- Monitoring & Surveillance
- Others
- Hardware
- Software
- Services
- North America
- US
- Canada
- Mexico
- Rest of North America- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- AGCO Corporation
- Autonomous Solutions, Inc.
- Lely International N.V.
- CNH Industrial N.V.
- CLAAS KGaA mbH
- GEA Group AG
- Harvest Automation, Inc.
- Trimble, Inc.
- Agrobot
- DeLaval
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Global Agricultural Robots Market, by Type
Chapter 6. Global Agricultural Robots Market, by Application
Chapter 7. Global Agricultural Robots Market, by Offering
Chapter 8. Global Agricultural Robots Market, by Region
Chapter 9. Company Profiles
Companies Mentioned
- AGCO Corporation
- Autonomous Solutions, Inc.
- Lely International N.V.
- CNH Industrial N.V.
- CLAAS KGaA mbH
- GEA Group AG
- Harvest Automation, Inc.
- Trimble, Inc.
- Agrobot
- DeLaval
Methodology
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