Agricultural Robots Market 2023 Driving Factors Forecast Research 2029

Agricultural robots market is anticipated to grow at a CAGR of 15.1% during the forecast period (2023-2030). The growing adoption of efficient and flexible robotic systems in agriculture is the key factor supporting the growth of the market globally. Feeding is one of the biggest costs on a dairy farm and, in addition, the most labor-intensive activity after milking. The new feed distribution robot helps to optimize the conversion of the roughage dry matter into milk. Hence, the market players are also focusing on introducing new feed distribution agricultural robot solutions that further bolster the market growth. For instance, in March 2023, DeLaval launched a new feed distribution robot as part of its total feeding solution. The range of DeLaval robots is now being expanded with an autonomous feed distribution robot - OptiWagon. The new robot is a module in its complete automated feeding solution, DeLaval Optimat™. This total feeding solution provides everything from weighing, cutting, and mixing to delivering the feed to the feed table.

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According to the World Robotics Report, in 2021, there was an all-time high of 517,385 new industrial robots installed in factories around the globe, an increase of 31.0% compared with 2020. This brings the stock of operational robots around the globe to a new record of about 3.5 million units. By country, Asia remains the global largest market for industrial robots, with a share of 74.0% of all newly deployed robots in 2021. China, with a strong growth of 51.0% or 268,195 new units installed, is the country with the largest installation of industrial robots globally. This increase brings the stock of operational robots in China to the 1-million-unit mark. In second came Japan where installations were up 22.0% in 2021 with 47,182 new units. Japan is also the global predominant robot manufacturing country where exports of Japanese industrial robots achieved a new peak level of 186,102 units in 2021.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Agricultural Robots Market by Type
o Driverless Tractors
o Unmanned Aerial Vehicles (UAVs)
o Milking Robots
o Automated Harvest Robots
o Sorting and packing Robots
o Autonomous Weed Control
o Others (Planter Robot, Spray Robot)

Global Agricultural Robots Market by Application
o Planting & Seeding
o Spraying
o Milking
o Monitoring & Surveillance
o Harvest Management
o Others (Irrigation Management)

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Latin America
o Middle East and Africa

Company Profiles
o AgJunction Inc.
o Agrobot
o Agro Intelligence A/S
o Autonomous Solutions Inc.
o Carbon Autonomous Robotic Systems, Inc.
o Clearpath Robotics, Inc.
o Ekobot AB
o FANUC Corp.
o Farming Revolution GmbH
o Harvest Automation, Inc.
o Harvest CROO Robotics, LLC
o Lely Industries N.V.
o Naio Technologies
o OCTINION
o Raven Industries, Inc.
o Robotics Plus, Ltd.
o Trimble Inc.

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global agricultural robots market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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