Global Agricultural Robots Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Agricultural Robots Market Scope:Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Application (Planting & Seeding Management, Spraying Management, Milking, Monitoring & Surveillance, Harvest Management, Livestock Monitoring, and Others), Type (Driverless Tractors, UAVs, Dairy Robots, and Material Management), Offering (Hardware, Software, and Services), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Agricultural Robots Market was valued at USD 13,955.2 million in 2023 and is expected to reach USD 62,447.6 million by 2031 while growing at a CAGR of 20.6% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global agricultural robots market growth. Agricultural robots, or agri-bots/agbots, are autonomous or semi-autonomous machines that utilize advanced technologies like robotics, artificial intelligence, sensors, and GPS to enhance and automate various tasks in agriculture. The main objective is to boost efficiency, productivity, and sustainability throughout the agricultural production cycle.
Increasing advancements in technology, such as sensors, GPS, machine learning, and artificial intelligence, coupled with the rising global population and food demand, are propelling the growth of the agricultural robots market. Nevertheless, the market expansion faces challenges like high initial costs and limited compatibility with existing farming practices.
Furthermore, the global agricultural robots industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Application Analysis
The Global Agricultural Robots Market is segmented among Planting & Seeding Management, Spraying Management, Milking, Monitoring & Surveillance, Harvest Management, Livestock Monitoring, and Others, based on Application. In 2023, Planting & Seeding Management accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Type Analysis
The Global Agricultural Robots Market is segmented among Driverless Tractors, UAVs, Dairy Robots, and Material Management, based on Type. In 2023, UAVs accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Agricultural Robots Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are AGCO Corporation, Autonomous Solutions, Inc, BouMatic, CNH Industrial N.V., CLAAS KGaA mbH, GEA Group, Harvest Automation, Inc., Trimble, Inc., Agrobot, Lely, and DeLaval.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Agricultural Robots Market Dynamics
Drivers
Restraints
Opportunity
4. Global Agricultural Robots Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Agricultural Robots Market Segmentation, By Application
Global Agricultural Robots Market Share Analysis, By Application
Global Agricultural Robots Market Growth Analysis, By Application
Global Agricultural Robots Market Trends, By Application
o Planting & Seeding Management
o Spraying Management
o Milking, Monitoring & Surveillance
o Harvest Management
o Livestock Monitoring
o Others
6. Global Agricultural Robots Market Segmentation, By Type
Global Agricultural Robots Market Share Analysis, By Type
Global Agricultural Robots Market Growth Analysis, By Type
Global Agricultural Robots Market Trends, By Type
o Driverless Tractors
o UAVs
o Dairy Robots
o Material Management
7. Global Agricultural Robots Market Segmentation, By Offering
Global Agricultural Robots Market Share Analysis, By Offering
Global Agricultural Robots Market Growth Analysis, By Offering
Global Agricultural Robots Market Trends, By Offering
o Hardware
o Software
o Services
8. Global Agricultural Robots Market Segmentation, By Region
Global Agricultural Robots Market Share Analysis, By Region
Global Agricultural Robots Market Growth Analysis, By Region
Global Agricultural Robots Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
AGCO Corporation*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Autonomous Solutions, Inc
BouMatic
CNH Industrial N.V.
CLAAS KGaA mbH
GEA Group
Harvest Automation, Inc.
Trimble, Inc.
Agrobot
Lely
DeLaval.
*Similar analysis will be provided for each company listed above.
