Global Autonomous Agricultural Robots Market Analysis And Forecast, 2021-2022 and 2027: Opportunities in Growing Adoption of Smart Agriculture Technologies and Increased Demand for Harvest Automation - ResearchAndMarkets.com

Global Autonomous Agricultural Robots Market Analysis And Forecast, 2021-2022 and 2027: Opportunities in Growing Adoption of Smart Agriculture Technologies and Increased Demand for Harvest Automation – ResearchAndMarkets.com

Dublin – (work wire)–The Autonomous Agricultural Robots Market – Global and Regional Analysis: Product and Application Focus, Supply Chain Analysis, Country Analysis – Analysis and Forecast, 2022-2027 Report added to ResearchAndMarkets.com Show.

The Global Autonomous Agricultural Robots Market was valued at $3.92 billion in 2021 and is expected to reach $10.50 billion in 2027, at a CAGR of 19.16% during the forecast period 2022-2027

The growth in the global autonomous agricultural robots market is expected to be driven by the increasing demand for food and the growing need for precision, digital and smart farming practices.

Market life cycle stage

The market for autonomous agricultural robots is still in the developing stage. Increased research and development activities are underway to develop autonomous agricultural robotic technologies and products, which is expected to increase due to the increased demand for food and the need for automation in the agricultural sector.

Increasing investment in smart agriculture is one of the key opportunities in the global autonomous agricultural robotics market. Moreover, autonomous agricultural robotics technologies are also helping to reduce crop losses due to the spread of undetected pests and diseases. Autonomous agricultural robots are also facilitating the safe and quality harvesting and harvesting of crops including fruits and vegetables.

With an increasing worldwide focus on fulfilling global food demand, the shift to digital, smart and data-driven products in the agriculture sectors brings significant sales and financing opportunities. This shift is more prominent in the automation and robotics sectors in regions such as North America and Europe.

Moreover, autonomous agricultural robots have a medium to high impact on crop protection systems to reduce crop losses due to crop diseases and pest infestations.

Impact of COVID-19

In the wake of the pandemic, labor shortages caused disruptions to agricultural operations, prompting each country to re-emphasize food security and increase domestic food production.

With the aim of solving the labor shortage, the increasing application of automated technologies such as sensors, data analytics, robotics, etc. have been introduced into the production system. Each country continued to promote policies for the increased adoption of autonomous agricultural robotics technologies, which proved to be the appropriate solution.

Market segmentation

Dairy farm management is one of the major applications of autonomous farming robots due to the high dependence on milking robots in Europe and North America.

The Milking Robots segment is expected to grow at a CAGR of 20.34% during the forecast period 2022-2027 due to the increasing use of automation in dairy farms. These robots increase the efficiency of farm operations by reducing the overall cost. Hence, farmers tend towards adopting milking robots and less reliance on manual labour.

North America generated the highest revenue of $1.33 billion in 2021, attributable to research and development developments and support for government regulations in the region. Europe is an attractive region for the autonomous agricultural robots market due to the availability of different market segments.

The major players in the market and competition summary

The companies identified were selected based on input gathered from key experts and analysis of company coverage, product portfolio, and market penetration.

Leading companies in the sector leading the market include crop monitoring and dairy farm management, which command around 65% of the market presence. Players in other technologies, such as inventory management, harvesting, and picking, account for approximately 35% of the market presence, as of 2021.

Recent Developments in the Global Autonomous Agricultural Robots Market

  • In April 2022, Verdant Robotics announced a robotic solution for farms that could help with simultaneous spraying and weeding with the help of machine learning, AI realization, and robotics technology.

  • In December 2021, Lely teamed up with Dutch company Connectera BV. With this collaboration, Lely aims to use Connecterra BV’s achievements in machine learning and artificial intelligence to provide more ideas for farmers. The technologies also help integrate farm technologies with artificial intelligence to develop farm management systems.

  • In October 2021, BouMatic acquired SAC Group, a reputable integrated producer of complete milking systems for cows, sheep and goats. This acquisition is expected to help BouMatic expand its global presence and product catalog.

  • In November 2020, Robert Bosch GmbH and BASF SE started a joint venture for digital technologies in the agricultural sector. They have jointly developed a smart spraying technology to apply the herbicide to weeds without spraying unaffected areas of crops.

  • In October 2020, AGCO announced the launch of Fendt Xaver, which comes with a combined solution developed by the AGCO Group and a seed unit for precision farming. It is equipped with the Vario Guide Lane guidance system, which controls the robot with centimeter precision.

Some of the prominent names that have been established in this market are:

  • AGCO

  • Agrobot

  • Pomatic

  • Dairy Master

  • Derry & Co

  • Ecorobotix SA

  • GEA Aktiengesellschaft مجموعة group

  • Kubota Corporation

  • Layla

  • Naio . Technologies

  • Robert Bosch GmbH

  • Saga Robotics AS

  • Unised

  • green robots

  • Trabotics

  • FarmWise Labs, Inc.

  • XMACHINES

  • Blue White Robotics Ltd.

  • Iron Ox, Inc.

Main topics covered:

1 markets

1.1 Industry Outlook

1.1.1 Market Definition

1.1.2 Ecosystem / Ongoing Programs

1.1.2.1 Government Initiatives

1.1.2.2 Federations and Associations

1.2 Business dynamics

1.2.1 Business Engines

1.2.1.1 Increasing focus on environmental sustainability

1.2.1.2 Aging of the workforce leading to skill shortage

1.2.1.3 Step up the adoption of precision farming techniques

1.2.2 Business Challenges

1.2.2.1 Initial investment and high cost

1.2.2.2 Less dependence among small farmers

1.2.3 Market Strategies and Developments

1.2.3.1 Business Strategies

1.2.3.1.1 Product development and innovation

1.2.3.1.2 Business Expansions

1.2.3.2 Company Strategies

1.2.3.2.1 Mergers and Acquisitions

1.2.3.2.2 Partnerships, Cooperation and Joint Ventures

1.2.3.2.3 Other

1.2.4 Job Opportunities

1.2.4.1 Increasing adoption of smart farming techniques

1.2.4.2 Increasing demand for harvesting automation

1.2.5 Impact of COVID-19 on the Global Autonomous Agricultural Robots Market

1.3 Investment landscape

1.3.1 Share of investment and financing (by company)

1.3.2 Share of investment and financing (by country)

2 app

2.1 Global Agricultural Robots Market (by Application)

2.1.1 Crop control

2.1.2 Dairy Farm Management

2.1.3 Inventory Management

2.1.4 Harvesting and picking

2.1.5 Other

2.2 Demand Analysis of the Global Autonomous Agricultural Robots Market, (by Application), Million Dollars, 2021-2027

3 products

3.1 Global Agricultural Robots Market (by product)

3.1.1 Crop Harvesting Robots

3.1.2 Weeding Robots

3.1.3 Milking robots

3.1.4 Other

3.2 Demand Analysis of the Global Autonomous Agricultural Robots Market, (by product), Million

3.3 Patent Analysis

3.3.1 Patent Analysis (as applicable)

3.3.2 Patent analysis (by type of inventor)

3.3.3 Patent analysis (according to the patent office)

3.3.4 Patent Analysis (by application)

3.4 Supply Chain Analysis

4 regions

5 Market Competitive Benchmarking and Company Profiles

5.1 Market share analysis

5.1.1 Market Share Analysis of the Global Agriculture Robots Market Manufacturers Market

5.2 Competitive Benchmarking

5.3 Company Profiles

5.3.1 Company Overview

5.3.1.1 Role in the Global Autonomous Agricultural Robots Market

5.3.1.2 Product Range

5.3.2 Business Strategies

5.3.2.1 Product Developments

5.3.3 Company Strategies

5.3.3.1 Partnerships, Joint Ventures, Collaborations and Alliances

5.3.4 Analyst opinion

For more information about this report visit https://www.researchandmarkets.com/r/brswf0

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