Press release
Agricultural Robot Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Agricultural Robot Market
The anticipated growth of the agricultural robot market is set to be boosted by the emergence of precision farming. This approach to agriculture involves observing, measuring, and responding to various factors, both spatial and temporal, to enhance the sustainability of agricultural production. Agricultural robots play a significant role in precision farming by enhancing productivity, reducing labor cost, and promoting uniform and precise farming methods. For example, a report from IOWA State University in October 2023 noted that 66% of farmers utilized GPS yield monitors or maps, underscoring the growing use of precision farming technologies. Hence, the rise in precision farming underpins the growth of the agricultural robot market. Agricultural Robot Market Driver: Meeting Food Requirements Through Agricultural Robots Amid Global Challenges
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What is the projected compound annual growth rate (CAGR) of the agricultural robot market from 2025 to 2034, and what factors influence it?
The market size of agricultural robots has experienced significant expansion in the past few years. The market is predicted to increase from $17.5 billion in 2024, expanding to $21.47 billion in 2025, with a compound annual growth rate (CAGR) of 22.7%. Reasons for growth in the previous period include agriculture labor deficits, the implementation of precision agriculture, surged demand for food production, as well as governmental support and subsidies together with the trend of farm mechanization.
The size of the agricultural robot market is predicted to experience a spike in growth over the coming years, expanding to $48.07 billion in 2029 with a compound annual growth rate (CAGR) of 22.3%. The anticipated growth during the forecast period could be due to the integration of advanced AI and machine learning, customization to suit varied crops, adaptation to climate change, the use of autonomous fleets and swarm robotics, and amalgamation with farm management software. The period is also expected to see trends like advancements in remote sensing and imaging, early-stage innovations and trial projects, progress in sensor technologies, the rise of data-centric farming, and the use of robotics in crop monitoring.
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How are the latest trends influencing the growth of the agricultural robot market?
Leading enterprises in the agricultural robot industry are prioritizing innovation, with a focus on electric and autonomous robots that can execute precise weeding and steer implements. These autonomous and electric robots can operate independently, execute complex tasks without human aid, and don't need to be persistently connected to an electrical source. For instance, in February 2022, the France-based robotic manufacturing firm, Naio Technologies, unveiled a new agricultural robot named Orio. Orio is a multi-crop, multi-role robot that promotes a sustainable alternative to herbicides, respects soil integrity, enhances work conditions, and contributes to intelligent farming by collecting pertinent data. This lightweight, autonomous, and electricity-powered robot is equipped with GPS and camera navigation, a variety of sensors, and an AI-based algorithm. Orio is offered under a Robots as a Service (RaaS) model by the company, allowing farmers to utilize it for in-row and intra-row weeding of vegetables and leafy greens, and precise seeding and fertilization.
What are the major segments of the agricultural robot market and their role in driving growth?
The agricultural robot market covered in this report is segmented -
1) By Offering: Hardware, Software, Service
2) By Farming Environment: Indoor, Outdoor
3) By Application: Harvest Management, Field Farming, Dairy And Livestock Management, Irrigation Management, Pruning Management, Weather Tracking and Monitoring, Inventory Management, Other Applications
Subsegments:
1) By Hardware: Sensors, Actuators, Robotic Arms, Navigation Systems, Other Hardware
2) By Software: AI And Machine Learning Software, Image Processing Software, Data Analytics Software, Other Software
3) By Service: Consulting, System Integration, Support And Maintenance, Other Services
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Which regions are key players in the growth of the agricultural robot market?
North America was the largest region in the agricultural robot market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the agricultural robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the agricultural robot market?
Major companies operating in the agricultural robot market report are Deere & Company, Yamaha Motor Co. Ltd., AGCO Corporation, Trimble Inc., RheinEnergie AG, Carbon Robotics, BouMatic Robots BV, Nova-Tech Engineering, Autonomous Solutions Inc., Clearpath Inc., CNH Industrial N.V., AeroFarms, PrecisionHawk, AgEagle Aerial Systems, Monarch Tractor, Tevel Aerobotics Technologies, Harvest Automation Inc., Agrointelli, Kind Technologies, Abundant Robotics, Demaitere B.V., Naio Technologies, Auroras s.r.l., Blue River Technology Inc., Agribotix LLC, Aigen Inc., PeK Automotive d.o.o, 3D.aero GmbH, FarmDroid, Deepfield Robotics
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What Is Covered In The Agricultural Robot Global Market Report?
• Market Size Forecast: Examine the agricultural robot market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the agricultural robot market for a structured understanding.
• Key Players Overview: Analyze major players in the agricultural robot market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the agricultural robot market.
• Segment Contributions: Evaluate how different segments drive overall growth in the agricultural robot market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the agricultural robot market.
• Industry Challenges: Identify potential risks and obstacles affecting the agricultural robot market.
• Competitive Landscape: Review strategic developments in the agricultural robot market, including expansions, agreements, and new product launches.
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