Press release
Agriculture Robots Market: Exponential Growth Driven by CAGR of 24.4% and Adoption of Precision Agriculture
"Labour shortages, rising costs, and the demand for higher yields are key drivers propelling the agriculture robots market to a stunning CAGR of 24.4%, and upcoming trends hint at future growth.What Is The Projected Market Size Of The Global Agriculture Robots Market And Its Growth Rate?
The global agriculture robots market has been expanding rapidly and is poised for further growth:
• The market size has risen from $8.32 billion in 2024 to $10.35 billion in 2025.
• This represents a compound annual growth rate (CAGR) of 24.4%, driven by factors like labor shortages, adoption of precision agriculture, and rising labor costs.
• Looking ahead, the market is projected to reach $23.82 billion in 2029, registering a CAGR of 23.2%.
• This expansion is predicted to be fueled by robotics-as-a-service (RaaS), global population growth, increasing focus on environmental monitoring, and emphasis on urban agriculture.
What Is Driving The Growth In The Agriculture Robots Market?
The growth of the agriculture robots market is being fueled by the adoption of automation technology. This technology allows farming processes to be carried out with less human intervention through programmed commands and automatic feedback systems. In dairy farms, automation is used to improve profitability, animal health, milk quality, and lifestyle by employing robots for milking, cattle health monitoring, feeding operations, etc. The rise in automation adoption has been substantiated by data from Formstack, a US-based software company, that reported 76% of firms using automation to streamline daily workflows, 58% using it for automating data and reporting for planning purposes, and 36% employing it for regulatory compliance.
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Who Are The Key Players Driving Agriculture Robots Market Growth?
Major companies operating in the agriculture robots market include:
• Deere & Company
• SZ DJI Technology Co Ltd.
• AGCO Corporation
• DeLaval
• Trimble Inc.
• BouMatic Robotics BV
• Lely Industries NV
• AgJunction Inc.
• AgEagle Aerial Systems Inc.
• Yanmar Co Ltd.
• Agribotix LLC
• Harvest Automation Inc.
What Are The Key Trends In The Agriculture Robots Market?
Key trends influencing the market's forecast period include:
• Robots in autonomous tractors
• Robots for weeding operations
• Modular and customizable robotics
• Robotic soil management
• Robotic harvesting solutions
What Are The Segments Of The Global Agriculture Robots Market?
The global agriculture robots market is categorized by:
• Offering: Hardware, Software, Services
• Type: Milking Robots, UAVs Or Drones, Automated Harvesting Systems, Driverless Tractors, Other Types
• Farm Produce: Fruits And Vegetables, Field Crops, Dairy And Livestock, Other Farm Produces
• Farming Environment: Indoor, Outdoor
Which Region Leads The Agriculture Robots Market?
North America was the largest region in the agriculture robots market in 2024. Meanwhile, Europe is anticipated to be the fastest-growing region in the global agriculture robots market in the forecast period. The report further covers other regions including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, Africa.
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What Is Covered In The Agriculture Robots Market Global Market Report?
- Market Size Analysis: Analyze the Agriculture Robots Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Agriculture Robots Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Agriculture Robots Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Agriculture Robots Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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