Agricultural Robots Market Report, Size, Share & Outlook - Lely, DeLaval Inc & BouMatic Robotics B.V.

The Agricultural Robots market is projected to grow at a CAGR of 20.80 % during the forecast period from 2024 to 2031.

Agricultural Robots are automated machines designed to perform various tasks in farming and agricultural operations. These robots are used to enhance efficiency, productivity, and precision in agriculture. They can be employed in tasks such as planting, harvesting, soil analysis, crop monitoring, and weed control. Agricultural robots come in various forms, including autonomous tractors, robotic harvesters, drones for aerial surveillance, and robotic arms for tasks like planting and pruning. They help address challenges such as labor shortages, increasing demand for food, and the need for sustainable farming practices.

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Market Trends:

Technological advancements in robotics technology.

Technological advancements in robotics and data connectivity are driving the growth of the global agricultural robot market. Innovations in information and communications technology, artificial intelligence, and the Internet of Things (IoT) have greatly enhanced the performance and efficiency of agricultural robots. These technologies facilitate precise data collection and analysis, which supports high-efficiency farming practices in precision agriculture. Additionally, advancements in hardware design are contributing to the market's expansion. For example, unmanned aerial vehicles (UAVs), or agricultural drones, have become crucial for tasks such as fertilization, pest and yield monitoring, and plant growth analysis. Large farm owners, especially in Europe and North America, are increasingly adopting autonomous farms and high-tech greenhouses that leverage these drones. Ongoing research and development are focusing on enhancing flying capacity, high-altitude performance, and broadening the range of agricultural applications.

However, the high cost of agricultural robots presents a significant challenge. Products like agricultural drones, driverless tractors, and harvesters are priced at a premium, with driverless tractors costing up to 60% more than conventional ones. This high cost can be a barrier for widespread adoption. Nonetheless, the decreasing prices of sensors and imaging devices are expected to reduce the overall cost of robotic arms and other equipment in the near future, potentially mitigating this constraint.

Market Segmentation:

By Type: UAV/Drone, Milking Robots, Driverless Tractors, Unmanned Ground Vehicles & Robotic Arms.

By Application: Harvesting, Soil Management, Crop Protection, Dairy Management, Others.

By Product Type: Field Crops, Fruits & Vegetables, Dairy, and Others.
By Farm Environment: Outdoor, Indoor.

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Competitive Landscape:

• Lely
• BouMatic Robotics B.V.
• DeLaval Inc.
• SZ DJI Technology Co., Ltd.
• AgEagle Aerial Systems Inc.
• Iseki & Co., Ltd.
• Yanmar Co., Ltd.
• METOMOTION
• ecoRobotix Ltd
• Agrobot

Regional Analysis:

The Agricultural Robots Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Agricultural Robots Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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