Agriculture autonomous robots can help in the transformation of the agriculture sector by introducing more precise agriculture techniques that can bring efficiency to farming operations. Agriculture autonomous robots can also help in bridging social sustainability by replacing labor since there is limited availability of manual labor. The market growth of agricultural autonomous robots is highly impacted by the adoption of sustainable farming practices coupled with the lack of manual labor in developed countries. Asian countries such as China, South Korea, and India are projected to witness significant growth in the adoption of agriculture autonomous robots in the coming years due to the rising food demands in these countries.
Read Report Overview: Agriculture Autonomous Robots Market
The global agricultural autonomous robots market was valued at $3.92 billion in 2021 and is projected to reach $10.50 billion in 2027, growing at a CAGR of 19.16% during the forecast period 2022-2027. The growth in the global autonomous agriculture robots market is expected to be driven by increasing demand for food and the growing need for precision, digital, and smart agriculture practices.
Agriculture Autonomous Robots Market (by Application)
The growing trend for advanced technologies and robotics systems being used in agricultural fields, along with the increasing need for farm management and inventory tracking and management, has led to the increase in the demand for agricultural autonomous robots. The agriculture autonomous robots can be used for various applications in the farming process, such as crop monitoring, dairy farm management, inventory management, harvesting, and picking.
Analyst's Take on the Market Projection
According to Rakhi Tanwar, Principal Analyst, BIS Research, "The demand for agriculture autonomous robots is highly impacted by the adoption of sustainable farming practices coupled with the lack of manual labor in developed countries. Through a better adoption of smart farming practices and digitally operated web-based equipment, the market for agriculture autonomous robots is expected to increase significantly over the forecast period."
Recent Developments in the Global Agriculture Autonomous Robots Market
- In April 2022, Verdant Robotics announced a robotic solution for farms that can help spraying and weeding simultaneously with the help of machine learning, artificial intelligence (AI) perception, and robotics technology.
- In December 2021, Lely collaborated with Dutch-based Connectera BV With this collaboration, Lely aimed to use Connecterra BV's advancements in machine learning and artificial intelligence to provide more insights to farmers. Also, the technologies aid in integrating farm technologies with artificial intelligence for developing farm management systems.
- In October 2021, BouMatic acquired SAC Group, a well-reputed full-line producer of complete milking systems for cows, sheep, and goats. This acquisition was expected to aid BouMatic in expanding its global presence and product catalog.
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Why Should You Buy the Report?
Following are some key reasons to buy the report on the global agriculture autonomous robots market :
- Extensive competitive benchmarking of the top 14 players, including crop monitoring, inventory management, harvesting and picking, dairy farm management, and others, to offer a holistic view of the global agriculture autonomous robots market landscape.
- Market ranking analysis based on product portfolio, recent developments, and regional spread conducted in the report.
- The study includes investment landscape such as product adoption scenario, funding, and patent analysis.
