Rising R&D to drive the Agricultural Robots Market Growth


Agricultural Robots Market by Type (Unmanned Aerial Vehicles (Drones), Milking Robots, Driverless Tractors, and Automated Harvesting Systems), Application (Broad Acre Applications, Dairy Farm Management, Aerial Data Collection, Weather Tracking and Forecasting, and Inventory Management), Offering (Hardware, Software, and Services), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 – 2030

According to Coherent Market Insights the Agriculture Robots Market Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028.

Market Overview:

An agricultural robot is referred to any robotic device that can perform agricultural tasks, by taking over the duty of several farmers that are sluggish or labour intensive. Utilizing robots in agriculture makes several works easy, rapid, and efficient. Agricultural robots perform several tasks such observing crops and evaluating PH levels in the soil, to reduce tasks of picking-and-filling fruits and vegetables and planting seeds.

Competitive Landscape:

Key players involved in the growth of global Agricultural Robots Market are Deere & Company, Agrobot, AGCO Corporation, and Agribotix LLC.

Market Key Drivers:

Regulatory worldwide are providing subsidies and undertaking initiatives to spread awareness regarding automated technologies amidst farmers which is expected to drive the growth of the global Agricultural Robots Market. For instance, in 2021, the European Union introduced projects, such as Robs4Crops, from farming supervisors and smart implements to completely autonomous farming systems.

Rising investment in R&D and start-up by several organizations is anticipated to drive the growth of global Agricultural Robots Market. For instance, in 2021, AGCO Corporation introduced the pilot of its Precision Ag Line program, with the help of AGCO solutions with mixed-fleet operations.

Covid-19 Impact Analysis:

The Covid-19 outbreak has adversely affected the growth of global Agricultural Robots Market due to the imposition of strict lockdown and shutdown. Rising pandemic cases have led to the disruption in supply chain movement of people from one place to other in order to curb the spread of virus. The rising social distancing and lack of transportation has impeded the market growth.

Key Takeaways:

The global Agricultural Robots Market is expected to exhibit a CAGR of 17.7 % during the forecast period owing to the lack of workers and stakeholders. For instance, the AFBF stated that 56% of US farms have started utilizing agritech, with above half explaining lack of labor as a factor.

Among regions, North America, Asia Pacific and Europe anticipated to witness robust growth in the global Agricultural Robots Market due to rising approvals and launches, rising research and development, increasing initiatives and lack of labor. For instance, in 2021, Future Acres, US based Company, introduced its first robot, Carry, with aim to handle grape picking. Carry depends on AI to convey hand-picked crops, functioning along with humans.


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