Press release
Global Agriculture Robots Market to Reach USD 80.96 Billion By 2033| Top Key players: Deere & Company, Trimble Inc., Blue River Technology, AGCO Corporation, Delaval Others.
According to a research report published by Spherical Insights & Consulting, the Global Agriculture Robots Market Size is to Grow from USD 13.07 Billion in 2023 to USD 80.96 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 20.1% during the projected period.The Agriculture Robots global market research studies offer an in-depth analysis of current industry trends, development models, and methodology. Production processes, development platforms, and the actual product models are some of the variables that have a direct impact on the market. The aforementioned characteristics can drastically vary in response to even minor changes in the product profile. The study provides a thorough explanation of each of these elements of Agriculture.
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Comprehensive historical analysis of global market for Global Agriculture Robots has thoroughly analyzed in this report. It offers data and insights from 2020-2023, and provides extensive market forecasts from 2024-2035 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Global Agriculture Robots Market.
Market Overview
Agricultural robots are automated machines designed to improve the efficiency and quality of farming operations while reducing the need for human labor. They perform a range of tasks such as harvesting, weeding, seeding, planting, pesticide spraying, irrigation, soil analysis, and even milking in the dairy sector. Equipped with technologies like sensors, GPS, and AI, these robots can operate autonomously or work alongside humans in fields and greenhouses. The rising cost of manual labor, shortage of skilled workers, and urban migration are key factors driving the demand for agricultural robots to handle labor-intensive tasks and meet the growing food production needs.
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The drones segment is anticipated to hold the greatest share of the global agriculture robots market during the projected timeframe.
Based on the type, the global agriculture robots market is divided into drones, driverless tractors & milking robots, and automated harvesting systems. Among these, the drones segment is anticipated to hold the greatest share of the global agriculture robots market during the projected timeframe. Utilizing agriculture drones to accelerate market growth and increase cost-effectiveness.
The hardware segment is anticipated to hold the largest share of the global agriculture robots market during the projected timeframe.
Based on the solution, the global agriculture robots market is divided into hardware, software, and service. Among these, the hardware segment is anticipated to hold the largest share of the global agriculture robots market during the projected timeframe. Agricultural robots with advanced hardware automate difficult activities, eliminating the need for human labor. This drives hardware demand in the sector, resulting in cost reductions, increased resource efficiency, and higher yields through precise management.
The precision agriculture segment is predicted to grow at the greatest share in the agriculture robots market during the estimated period.
Based on the application, the global agriculture robots market is divided into precision agriculture, livestock farming, dairy farming, harvesting & threshing, and indoor farming. Among these, the precision agriculture segment is predicted to grow at the greatest share in the agriculture robots market during the estimated period. Precision agriculture is gaining traction in the market because it has the potential to boost agricultural yields, reduce resource waste, and boost efficiency. The results of this include lower costs and higher productivity.
Primary Market Leaders
• Deere & Company
• Trimble Inc.
• Blue River Technology
• AGCO Corporation
• Delaval
• DJI All Rights Reserved
• Boumatic
• Lely
• TartanSense
• Topcon
• Ageagle Aerial Systems Inc.
• Farming Revolution Gmbh
• Harvest Automation
• Naïo Technologies
• Others
key Market Challenges in the Global Agriculture Robots Market:
• High initial investment and ownership costs
• Limited technical expertise among farmers
• Difficulty in integrating with existing farm equipment
• Infrastructure gaps like poor internet connectivity in rural areas
• Inconsistent global regulations and safety standards
• Concerns over data privacy and cybersecurity
• Performance issues in rough terrain or harsh weather conditions
• Uncertain return on investment for small and mid-sized farms
• Frequent maintenance and limited service support
• Social resistance due to potential labor displacement
Research Objectives
• Analyze market size, growth trends, and future demand for agricultural robots.
• Identify key drivers, challenges, and opportunities shaping the market.
• Evaluate competitive landscape and technological advancements in agri-robotics.
Latest Industry Moves
• In March 2023, Lely announced the release of Lely Exos, a fully automatic harvesting and feeding system that uses fresh grass, which will be available in mid-2024.
Access Full Report: https://www.sphericalinsights.com/reports/agriculture-robots-market
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global agriculture robots market based on the below-mentioned segments:
Global Agriculture Robots Market, By Type
• Drones
• Driverless Tractors
• Milking Robots
• Automated Harvesting Systems
Global Agriculture Robots Market, By Solution
• Hardware
• Software
• Service
Global Agriculture Robots Market, By Application
• Precision Agriculture
• Livestock Farming
• Dairy Farming
• Harvesting & Threshing
• Indoor Farming
Regional Segment Analysis of the Global Agriculture Robots Market
• North America (U.S., Canada, Mexico)
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)
Study Coverage Breakdown
1. Overview of the Agriculture Robots Market.
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Agriculture Robots Market, based on segment.
3. Agriculture Robots Market trends.
4. Agriculture Robots Market drivers.
5. Analysis of major company profiles.
FIVE FORCES ANALYSIS
1. Competitive Rivalry: High - Rapid innovation and growing number of tech firms increase competition.
2. Threat of New Entrants: Moderate - Attractive growth but requires high capital and technical expertise.
3. Bargaining Power of Suppliers: Moderate - Specialized components give some suppliers leverage.
4. Bargaining Power of Buyers: High - Large farms and agribusinesses demand performance at lower costs.
5. Threat of Substitutes: Low to Moderate - Manual labor and traditional equipment still in use but declining.
PESTLE ANALYSIS
Political: Government support for agri-tech and automation in farming
Economic: High initial costs limit adoption by small and medium farmers
Social: Growing labor shortages and demand for food security
Technological: Advancements in AI, GPS, and IoT driving innovation
Legal: Need for compliance with safety and data regulations
Environmental: Pressure to reduce chemical use and promote sustainable farming
Table of Content (TOC)
• Introduction
1. Objectives of the Study
2. Market Definition
3. Research Scope
• Research Methodology and Assumptions
• Executive Summary
• Premium Insights
1. Porter's Five Forces Analysis
2. Value Chain Analysis
3. Top Investment Pockets
1. Market Attractiveness Analysis By Product Type
2. Market Attractiveness Analysis By Type
3. Market Attractiveness Analysis By Segment Type
4. Market Attractiveness Analysis By Region
4. Industry Trends
• Market Dynamics
1. Market Evaluation
2. Drivers
1. Increasing development in sector
3. Restraints
4. Opportunities
5. Challenges
• Global Agriculture Robots Market Market Analysis and Projection, By Product Type
• Global Agriculture Robots Market Analysis and Projection, By Type
• Global Agriculture Robots Market Analysis and Projection, By Segment Type
• Global Agriculture Robots Market Analysis and Projection, By Regional Analysis
1. Segment Overview
2. North America
1. U.S.
2. Canada
3. Mexico
3. Europe
1. Germany
2. France
3. U.K.
4. Italy
5. Spain
4. Asia-Pacific
1. Japan
2. China
3. India
5. South America
1. Brazil
6. Middle East and Africa
1. UAE
2. South Africa
• Global Agriculture Robots Market -Competitive Landscape
1. Overview
2. Market Share of Key Players in the Global Agriculture Robots Market
1. Global Company Market Share
2. North America Company Market Share
3. Europe Company Market Share
4. APAC Company Market Share
3. Competitive Situations and Trends
1. Coverage Launches and Developments
2. Partnerships, Collaborations, and Agreements
3. Mergers & Acquisitions
4. Expansions
• Company Profiles
1. Company1
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
2. Company2
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
3. Company3
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
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About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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