Report Overview

Global Agricultural Robots Market - Industry Trends & Forecast Report 2028

Global Agricultural Robots market was worth USD 43,356.7 Million in 2021, and it is further projected to reach USD 81,930.3 Million by 2028, at a CAGR of 9.9% during 2022-2028 (forecast period). The global growth of the agricultural robot market is particularly driven by the research and development activities of a large number of agricultural technology. Players are launching a broad range of robots designed for different agricultural processes, which boosts the market growth of agricultural robots. Furthermore, several other factors, such as progressive adoption of automation technology amidst the end-user application segment, played a proactive role in boosting the global agricultural robots market growth during the forecast period.

Agricultural Robots Overview

Agricultural robots are also called agribots and are one of the latest innovations in the agriculture industry. Agricultural robots are autonomous functional machines used to enhance the quality and efficiency of production, lower the dependence on manual labor, and increase the overall yield. Agricultural robots are generally equipped with professional arms for performing a broad range of agricultural activities such as seeding and planting, weed control, environmental monitoring, etc.

Global Agricultural Robots Market Trends

Growth Drivers

Skyrocketing Population Coupled with Shortage Of Skilled Labour To Boost The Growth of Agricultural Robots Market

The agriculture industry is under tremendous pressure due to the rising global population and the demand for more productivity from the old farm area. Certain factors, such as changing demographics and urbanization, affect the agricultural industry. The agricultural industry in the US, the UK, and other developed countries are experiencing a labor shortage. Thus agricultural robots are entering the scene with a number of benefits. They will perform unwanted jobs and allow skilled workers to focus on other non-repetitive works. Well-known farming companies assist start-ups working on agricultural robotic solutions by investing in their technology. For instance, major investors in Harvest CROO (US) are affiliated with the strawberry industry and other agricultural industries. Such instances are shall go a long way in aiding the growth of the global agricultural robots market.

Technological Advancements And Use Of Real-Time Multimodal Robot Systems In Fields

The use of real-time multimodal robots or heterogeneous robots that are combined with ground-based and aerial vehicles robots provides opportunities for targeted support, mission planning, and intelligence. Collaborative and cooperative technological advancements between different robots become beneficial for large-scale agriculture industries and dairy operations as tasks are performed in parallel, providing better productions. Different types of robots and autonomous systems are now brought together in a systemic approach. For example, UAVs or drones are an excellent platform for aerial monitoring, for instance, spraying, weeding, etc. owing to the ability of multimodal robot systems to operate swarms of robots in farms to perform various agricultural applications, such as spraying and weeding simultaneously. Thus making way for their higher adoption rate.

Restraints

High Procurement As Well As Initial Setup Costs of Agricultural Robots Anticipated To Hamper Market Growth

The successive and sudden growth of the agricultural robot market for various agricultural activities has left behind the majority of small farms due to the high procurement and initial setup cost of agricultural robots. A tractor with driverless capability can cost more than USD 100,000 and often does not provide sufficient return on investment (RoI) for small farmers as they are not able to get profit due to less production. This issue is particularly widespread in developing countries, such as India, China, and Brazil, as farmers lack income and technical awareness. This presents a noteworthy challenge to the growth of the global agricultural robots market during the forecast period.

Impact of COVID-19 On Global Agricultural Robots Market

As a result of the COVID-19 outbreak, the majority of businesses worldwide have been impacted negatively in terms of revenue losses and disrupted supply chains of goods and raw materials. Major factories shutdowns and quarantine measures have been implemented around the world, restricting the movement and business activities of the agricultural robot market. COVID-19 pandemic has negatively affected the agricultural robotics market, and it is also observed that the market in 2020 has witnessed a 10% decline compared to 2019. Market players have witnessed a reduction in the demand for some types of robots across various applications. Many players experienced negative or slow growth rates in 2020. Most types of agricultural robots have been affected by this crisis, which is expected to be a short-term impact.

Global Agricultural Robots Market– By Type

Based on types, the agricultural Robots market is broadly segmented into unmanned aerial vehicles, UAVs, milking robots, driverless tractors, and automated harvesting systems. UAVs are expected to be the leading segment during the forecast period. The cost of agricultural drones is steadily declining over the years, making UAVs an attractive investment in agricultural robots for the majority of modern farmers. The acceptance of UAVs has increased drastically for agricultural applications. Followed by UAV, milking robots and driverless tractors are expected to witness lucrative CAGR during the forecast period.

Global Agricultural Robots Market- By Application

Based on application, the agricultural robots market is broadly segmented into harvest management, field farming,  soil management, irrigation management, dairy and livestock management, pruning management, weather tracking and monitoring, inventory management, and others. Among the segmentation, the Field farming segment generates the highest revenue due to the excess use of drones and driverless tractors in field farming. It is owing to the high diffusion rate of UAVs and the high average selling price of driverless tractors for the use of field farming for better and more efficient production to fulfill the demand of food by the rising population.

Global Agricultural Robots market- Regional Insights

The global agricultural robot market is differentiated into North America, Europe, Asia-pacific, Latin America, the Middle East, and Africa in terms of the regional analysis. Among all the regions, North America holds the largest share of the agricultural robots market in 2021. The increasing shortage of laborers and rising labor costs in the region resulted in the adoption of agricultural robots and automation to guarantee desired productivity & better quality standards. The United States is also focusing on fruit and vegetable harvesting robots, and it is expected to be one of the first countries to deploy them. North America is also a potential market for driverless tractors as it is one of the main markets for auto-steering tractors. In the North American region, such factors impact the growth of the agricultural robots industry.

Competitive Landscape

The competitive landscape of the global agricultural robots market is characterized by the presence of many local, regional, and global vendors. The global agricultural robots market is highly competitive, with all the players continually competing to gain a larger market share. The key players are Deere & Company, Trimble Inc., AGCO Corporation, Delaval, DJI All Rights Reserved, Boumatic, YANMAR HOLDINGS Co., Ltd., Farming Revolution Gmbh, Lely, Agjunction, Topcon, Ageagle Aerial Systems Inc., Ecorobotix Ltd, Harvest Automation, Naïo Technologies, ROBOTICS PLUS, CNH Industrial, KUBOTA Corporation and other prominent players.

Recent Development

• July 2021: AGCO Corporation launched the pilot of its Precision Ag Line (PAL) program. It is a tool designed to streamline support services for farming customers using AGCO solutions with mixed-fleet operations.
• November 2020: John Deere launched a new precision Ag application, AutoPath. It is used to help producers more accurately document and follow each row of crops in fields throughout the season.

Scope of Report:

By Type

• Unmanned Aerial Vehicles
• Milking Robots
• Driverless Tractors
• Automated Harvesting Systems
• Other Robots

By Offerings

• • •  
• Hardware
• Software
• Services

By Application

• • •  
• Harvest Management
• Field Farming
• Dairy and Livestock Management
• Soil Management
• Irrigation Management
• Pruning Management
• Weather Tracking and Monitoring
• Inventory Management
• Others

By Framing Environment

• • •  
• Indoor Farming
• Outdoor Farming

By Region

• • •  
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
   4. Breakdown of Primary Research Respondents, By Region
   5. Assumption & Limitation
3. Executive Summary
4. Global Agricultural Robots Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   3. Technological Landscape/Recent Development
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
5. Global Agricultural Robots Market Overview
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
         1. Unmanned Aerial Vehicles
         2. Milking Robots
         3. Driverless Tractors
         4. Automated Harvesting Systems
         5. Other Robots
      2. By Offerings
         1. Hardware
         2. Software
         3. Services
      3. By Application
         1. Harvest Management
         2. Field Farming
         3. Dairy and Livestock Management
         4. Soil Management
         5. Irrigation Management
         6. Pruning Management
         7. Weather Tracking and Monitoring
         8. Inventory Management
         9. Others
      4. By Farming Environment
         1. Indoor Farming
         2. Outdoor Farming
      5. By Region
         1. North America
         2. Europe
         3. The Asia Pacific
         4. Latin America
         5. The Middle East and Africa
6. North America Agricultural Robots Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By Offerings
      3. By Application
      4. By Farming Environment
      5. By Country
         1. United States
         2. Canada
7. Europe Agricultural Robots Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By Offerings
      3. By Application
      4. By Farming Environment
      5. By Country
         1. Germany
         2. United Kingdom
         3. Italy
         4. France
         5. Spain
         6. Rest of Europe
8. The Asia Pacific Agricultural Robots Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By Offerings
      3. By Application
      4. By Farming Environment
      5. By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Rest of Asia Pacific
9. Latin America Agricultural Robots Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By Offerings
      3. By Application
      4. By Farming Environment
      5. By Country
         1. Brazil
         2. Mexico
         3. Rest of Latin America
10. The Middle East & Africa Agricultural Robots Market
    1. Market Size & Forecast by Value, 2018-2028
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Type
       2. By Offerings
       3. By Application
       4. By Farming Environment
       5. By Country
          1. Saudi Arabia
          2. UAE
          3. South Africa
          4. Rest of Middle East & Africa
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership)
12. Impact of Covid-19 on Global Agricultural Robots Market Industry
13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. Deere & Company
    2. Trimble Inc.
    3. AGCO Corporation
    4. DeLaval
    5. DJI All Rights Reserved
    6. Boumatic
    7. Lely
    8. Agjunction
    9. Topcon
    10. Ageagle
    11. Aerial Systems Inc.
    12. YANMAR HOLDINGS Co. Ltd.
    13. Farming Revolution Gmbh
    14. Ecorobotix Ltd
    15. Harvest Automation
    16. Naïo Technologies
    17. ROBOTICS PLUS
    18. CNH Industrial
    19. KUBOTA Corporation
    20. HARVEST CROO
    21. Autonomous Tractor Corporation
    22. Other prominent players

14. Key Strategic Recommendations

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

List of Figures

Figure 1        Global Agricultural Robots Segmentation

Figure 2        Global Agricultural Robots Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        Global Agricultural Robots Market Size, By Value (USD Million), 2018-2028

Figure 5        Global Agricultural Robots Market Share, By Type, By Value, 2018-2028

Figure 6        Global Agricultural Robots Market Share, By Farming Environment, By Value, 2018-2028

Figure 7        Global Agricultural Robots Market Share, By Offerings, By Value, 2018-2028

Figure 8        Global Agricultural Robots Market Share, By Applications, By Value, 2018-2028

Figure 9        Global Agricultural Robots Market Share, By Region, By Value, 2018-2028

Figure 10       North America Agricultural Robots Market Size, By Value (USD Million), 2018-2028

Figure 11       North America Agricultural Robots Market Share, By Type, By Value, 2018-2028

Figure 12       North America Agricultural Robots Market Share, By Farming Environment, By Value, 2018-2028

Figure 13       North America Agricultural Robots Market Share, By Offerings, By Value, 2018-2028

Figure 14       North America Agricultural Robots Market Share, By Applications, By Value, 2018-2028

Figure 15       North America Agricultural Robots Market Share, By Country, By Value, 2018-2028

Figure 16       Europe Agricultural Robots Market Size, By Value (USD Million), 2018-2028

Figure 17       Europe Agricultural Robots Market Share, By Type, By Value, 2018-2028

Figure 18       Europe Agricultural Robots Market Share, By Farming Environment, By Value, 2018-2028

Figure 19       Europe Agricultural Robots Market Share, By Offerings, By Value, 2018-2028

Figure 20       Europe Agricultural Robots Market Share, By Applications, By Value, 2018-2028

Figure 21       Europe Agricultural Robots Market Share, By Country, By Value, 2018-2028

Figure 22       The Asia-Pacific Agricultural Robots Market Size, By Value (USD Million), 2018-2028

Figure 23       The Asia-Pacific Agricultural Robots Market Share, By Type, By Value, 2018-2028

Figure 24       The Asia-Pacific Agricultural Robots Market Share, By Farming Environment, By Value, 2018-2028

Figure 25       The Asia-Pacific Agricultural Robots Market Share, By Offerings, By Value, 2018-2028

Figure 26       The Asia-Pacific Agricultural Robots Market Share, By Applications, By Value, 2018-2028

Figure 27       The Asia-Pacific Agricultural Robots Market Share, By Country, By Value, 2018-2028

Figure 28       Latin America Agricultural Robots Market Size, By Value (USD Million), 2018-2028

Figure 29       Latin America Agricultural Robots Market Share, By Type, By Value, 2018-2028

Figure 30       Latin America Agricultural Robots Market Share, By Farming Environment, By Value, 2018-2028

Figure 31       Latin America Agricultural Robots Market Share, By Offerings, By Value, 2018-2028

Figure 32       Latin America Agricultural Robots Market Share, By Applications, By Value, 2018-2028

Figure 33       Latin America Agricultural Robots Market Share, By Country, By Value, 2018-2028

Figure 34       The Middle East & Africa Agricultural Robots Market Size, By Value (USD Million), 2018-2028

Figure 35       The Middle East & Africa Agricultural Robots Market Share, By Type, By Value, 2018-2028

Figure 36       The Middle East & Africa Agricultural Robots Market Share, By Farming Environment, By Value, 2018-2028

Figure 37       The Middle East & Africa Agricultural Robots Market Share, By Offerings, By Value, 2018-2028

Figure 38       The Middle East & Africa Agricultural Robots Market Share, By Applications, By Value, 2018-2028

Figure 39       The Middle East & Africa Agricultural Robots Market Share, By Country, By Value, 2018-2028

List of Tables

Table 1         Global Agricultural Robots Market Size, By Type, By Value, 2018-2028

Table 2         Global Agricultural Robots Market Size, By Farming Environment, By Value, 2018-2028

Table 3         Global Agricultural Robots Market Size, By Offerings, By Value, 2018-2028

Table 4         Global Agricultural Robots Market Size, By Applications, By Value, 2018-2028

Table 5         Global Agricultural Robots Market Size, By Region, By Value, 2018-2028

Table 6         North America Agricultural Robots Market Size, By Type, By Value, 2018-2028

Table 7         North America Agricultural Robots Market Size, By Farming Environment, By Value, 2018-2028

Table 8         North America Agricultural Robots Market Size, By Offerings, By Value, 2018-2028

Table 9         North America Agricultural Robots Market Size, By Applications, By Value, 2018-2028

Table 10        North America Agricultural Robots Market Size, By Country, By Value, 2018-2028

Table 11        Europe Agricultural Robots Market Size, By Type, By Value, 2018-2028

Table 12        Europe Agricultural Robots Market Size, By Farming Environment, By Value, 2018-2028

Table 13        Europe Agricultural Robots Market Size, By Offerings, By Value, 2018-2028

Table 14        Europe Agricultural Robots Market Size, By Applications, By Value, 2018-2028

Table 15        Europe Agricultural Robots Market Size, By Country, By Value, 2018-2028

Table 16        The Asia-Pacific Agricultural Robots Market Size, By Type, By Value, 2018-2028

Table 17        The Asia-Pacific Agricultural Robots Market Size, By Farming Environment, By Value, 2018-2028

Table 18        The Asia-Pacific Agricultural Robots Market Size, By Offerings, By Value, 2018-2028

Table 19        The Asia-Pacific Agricultural Robots Market Size, By Applications, By Value, 2018-2028

Table 20        The Asia-Pacific Agricultural Robots Market Size, By Country, By Value, 2018-2028

Table 21        Latin America Agricultural Robots Market Size, By Type, By Value, 2018-2028

Table 22        Latin America Agricultural Robots Market Size, By Farming Environment, By Value, 2018-2028

Table 23        Latin America Agricultural Robots Market Size, By Offerings, By Value, 2018-2028

Table 24        Latin America Agricultural Robots Market Size, By Applications, By Value, 2018-2028

Table 25        Latin America Agricultural Robots Market Size, By Country, By Value, 2018-2028

Table 26        The Middle East & Africa Agricultural Robots Market Size, By Type, By Value, 2018-2028

Table 27        The Middle East & Africa Agricultural Robots Market Size, By Farming Environment, By Value, 2018-2028

Table 28        The Middle East & Africa Agricultural Robots Market Size, By Offerings, By Value, 2018-2028

Table 29        The Middle East & Africa Agricultural Robots Market Size, By Applications, By Value, 2018-2028

Table 30        The Middle East & Africa Agricultural Robots Market Size, By Country, By Value, 2018-2028

Table 31        Deere & Company Company Overview

Table 32        Deere & Company Financial Overview

Table 33        Trimble Inc. Company Overview

Table 34        Trimble Inc. Financial Overview

Table 35        DeLaval Company Overview

Table 36        DeLaval Financial Overview

Table 37        DJI All Rights Reserved Company Overview

Table 38        DJI All Rights Reserved Financial Overview

Table 39        Lely Company Overview

Table 40        Lely Financial Overview

Table 41        Topcon Company Overview

Table 42        Topcon Financial Overview

Table 43        Ageagle Company Overview

Table 44        Ageagle Financial Overview

Table 45        Aerial Systems Inc. Company Overview

Table 46        Aerial Systems Inc. Financial Overview

Table 47        YANMAR HOLDINGS Co. Ltd. Company Overview

Table 48        YANMAR HOLDINGS Co. Ltd. Financial Overview

Table 49        Farming Revolution Gmbh Company Overview

Table 50        Farming Revolution Gmbh Financial Overview

Table 51        Ecorobotix Ltd Company Overview

Table 52        Ecorobotix Ltd Financial Overview

Table 53        Harvest Automation Company Overview

Table 54        Harvest Automation Financial Overview

Table 55        Naïo Technologies Company Overview

Table 56        Naïo Technologies Financial Overview

Table 57        ROBOTICS PLUS Company Overview

Table 58        ROBOTICS PLUS Financial Overview

Table 59        CNH Industrial Company Overview

Table 60        CNH Industrial Financial Overview