The global indoor farming robots market is growing continually. The market growth attributes to the rising adoption of robotics to improve greenhouse and indoor farming operations. Besides, increasing demand for indoor farming robots to perform harvesting, seeding, and plant inspection drives the market growth. Moreover, growing advances in vision cameras, artificial intelligence, and sensing technology escalate the growth of the market.
Market Research Future (MRFR) asserts that the global indoor farming robots market is projected to grow USD 358.5 MN by 2025, registering 21.43% CAGR during the review period (2019 – 2025). Improvements in the manufacturing of robot arms and mechanical parts boost market sales. Increasing demand to increase the fruits & vegetables and grain production substantiate market growth. Also, decreasing arable land pushes market growth, driving the indoor planting demand.
Additionally, increasing demand for indoor farm robots with 3D cameras that scan the module collect & analysis information fosters the growth of the market, improving specific operations. The coronavirus pandemic has led to a spike in interest and investment in farm robotics and automation due to the shortages of agricultural workers. Also, the UV technology's ability to kill viruses is garnering huge market prominence.
Indoor Farming Robots Market – Competitive Analysis
Highly competitive, the indoor farming robots market appears fragmented due to the presence of several well-established players. To gain a larger competitive share, industry players adopt strategies, such as mergers & acquisitions, collaboration, expansion, and product/technology launch.
Major Players:
Players leading the Global indoor farming robots market are OnRobot(Denmark), Iron-Ox(US), Visser Horti Systems BV(Netherlands), Harvest Automation(US), FodderWorks(US), Root AI(US), FarmBot Inc.(US), Javo(Netherlands), and Metomotion(Israel), among others.
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Indoor Farming Robots Market – Segments
By Type: Robot Gripper, Cutting Robot, Robotic Fodder, Material Handling Robot, Incubators, Monitoring Drones, and others.
By Automation: Semi-Autonomous and Fully Autonomous.
By Application: Fruits & Vegetables, Floriculture, and others.
By Regions: Americas, Europe, APAC, and the Rest-of-the-World.
Global Indoor Farming Robots Market – Regional Analysis
Europe dominates the global indoor farming robots market. The largest market share attributes to the rising adoption of indoor farming robots to increase farm production. Besides, the growing food demand boosts the indoor farming robots market.
The Asia Pacific region stands second in the indoor farming robots market. The market is driven by the proliferating trend of indoor plants and greenhouses. Additionally, the ever-increasing population encourages indoor farming robots, creating a significant demand for fruits and vegetables. Furthermore, the proliferation of hydroponics and vertical farming has uplifted the demand for indoor farming robots in the region. The APAC indoor farming robots market is anticipated to grow at a substantial CAGR during the assessment period.
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TABLE OF CONTENTS:
- Market Introduction
- Research Methodology
- Market Dynamics
- Executive Summary
- Market Factor Analysis
- Indoor Farming Robots Market, By Segments
- Competitive Analysis
Continued…
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Market Research Future (MRFR) reports that Indoor Robots market estimated to accelerate the expansion and forecasted to note exponential growth in the forecast period 2020-2023.
The market has encountered significant development over the recent years and is predictable to grow enormously.
The necessity to engage customers, especially in a crisis, such as that of the recent COVID-19 pandemic is estimated to influence the long term development of the market.
It also incorporates comprehensive business profiles of some of the prime vendors in the market.The Indoor Robots market report surveys each segment and sub-segments and provides a deep insight into the industry parameters by accessing the market growth, consumption volume, the upcoming market trends, and the different prices variation for the forecast year.
Advances in production style and technologies are estimated to gain precedence in the coming years as areas of innovation.
Primary and secondary research methodologies have been used for elaborate this research report.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/6915Top Companies profiled in Indoor Robots Market Research Report: Moley Robotics (UK), Aeolus Robotics (US), Omron Adept Technologies (US), iROBOT.
Indoor robots market are the robotic systems that operate in an enclosed environment to function independently and exhibit specific set of works.
They do chores around and inside the four walls of the set up.
There is a rising demand for indoor robots due its increased applicability in various industries including defence, retail, domestic, healthcare, BFSI etc.
The report contains data of the base year 2017 and historic year 2017.
To Get This Report at 30% Discount, Click Here https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-indoor-robots-market Market Drivers and Restraints: Rising demand of robots for domestic uses such as cooking, involving consumers in bank, helping retail stores, delivering room services is driving the growth of this market Rise in demand of personal assistant robots that are majorly used for taking care of elderly people and for medical applications Decline in prices of robots and the availability of smaller and movable robots drives the growth of this market Increasing need for security services and the adoption of robots in this field further accelerates the growth of this market Rising demand for high quality products and services Advancements in technologies such as artificial intelligence, machine learning, cloud based robotics, 5G technologies have revolutionised the performance ability of robots Increased applicability of robots in varied industries including retail, medical, defence, BFSI, military etc.
Rising safety concerns for those humans who work around indoor robots Robots used in medicine and surgeries are expensive, which serves as a hindrance for the growth of this market The major players covered in the Indoor Robots Market Few of the major competitors currently working in the indoor robots market are Aethon, COBALT ROBOTICS, ECOVACS, GeckoSystems Intl.
