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Agricultural Robot Market

Agricultural Robot Market

Agricultural Robot Market Global Industry Assessment & Forecast

# Pages:

136

Base Year:

2021

Dec - 2021

Format:

Report Code:

VMR-2021-1054

Segments Covered
  • By Type Milking Robots, UAVs/Drones, Automated Harvesting Systems, Driverless Tractors, Others
  • By Farm Produce Fruits & Vegetables, Field Crops, Dairy & Livestock, Others
  • By Farming Environment Indoor, Outdoor
  • By Harvest Management, Field Farming, Dairy & Livestock Management, Soil & Irrigation Management, Others
Snapshot
Forecast YearsForecast Years: -
Historical YearsHistorical Years: -
Revenue Revenue : 3.63 Billion
Revenue Revenue :
Revenue CAGRRevenue CAGR ( - ): 20.31%
Fastest Growing Region Fastest Growing Region ( - ) North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Key Insights

The global Agricultural Robot market was valued at USD 3.63 Billion in 2020 and is projected to reach USD 15.93 Billion by 2028, growing at a CAGR of 20.31% from 2021 to 2028.

Years Parameters
Historical Data (Actual Data) 2016-2020
Base Year Data 2020
Current Year Date 2021
Projected year data 2021-2026
Annual Market Size (2028) 15.93 Billion
Annual Market Size (2021)
CAGR (2021 - 2028) 20.31%

Definition And Overview

Agricultural robots are specialized type of robots that help farmers to perform wide range of operations. They are used to analyse data and carry out various functions, and they can also be programmed in a way to grow and evolve to match the needs of various tasks. These robots are capable of automating repetitive, slow, and dull tasks to help farmers, permitting them to focus more on improving production yields. The growing investment in agricultural robots is expected to provide growth opportunities in the years to come.

The global Agricultural Robot market report provides a thorough analysis of each segment including Type,Farm Produce and Farming Environment for each region, and country. All the segments are studied considering historical and future trends across geographies. All the segments covers trends, market size, and forecasts, and the data is provided for the years 2016–2028. Moreover, the report also covers exhaustive analysis on competitive scenario of the global market covering in depth company profiles based on business overview, financial performance, product portfolio, business strategies, recent developments, and market share among others. In addition to that the report offers several market impacting factors such as drivers, restraints, and opportunities. Cumulatively, the report will cover all of the aspects regarding the global Agricultural Robot market. 

Yearly Infographics 3.63 Billion 15.93 Billion

COVID-19 Impact Analysis

In 2020, swift spread of COVID-19 largely impacted the global business operations, disrupting the supply chain and impairing various industries. The global trading activities were declined severely owing to the nationwide lockdowns, international border seals, and strict social distancing measures. This had a drastic impact on the global economy, as the companies across the globe were forced to either fully close or partially close their operations, leading to disruption in the supply-demand ratio. Moreover, in 2021 several key markets such as U.S., India, and Brazil among others witnessed a second wave of COVID-19 that further disrupted the market. However, it is expected that reopening of trade activities, the market will witness steady growth in demand in the coming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.


The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Industry Analysis

The report covers an exhaustive analysis of Agricultural Robot industry that includes drivers, restraints/challenges, opportunities, and segmental/regional trends among others. Apart from that, it will also cover extensive information on various marketing tools such as PEST Analysis, Porter’s Five Forces Analysis, pricing trends,  SWOT analysis, and value chain analysis along with technological landscape and regulatory framework specific to Agricultural Robot industry.


The increase in population and increasing labour shortage is encouraging automation along with maturing IoT and navigation technologies driving down cost of automation is anticipated to augment the growth of the agricultural robots market over the forecast period. Furthermore, the COVID-19 pandemic is also expected to accelerate the use of robots in agricultural sector in the years to come. 

The increase in scope for automation in agriculture in the untapped market and use of real-time multimodal robot systems in fields along with increased use of electrification technology in agricultural robots is also expected to fuel the growth of the market in the years to come. 

The high cost of automation for small farms and technological barriers pertaining to fully autonomous robots along with increasing concerns over data privacy and regulations may hamper the growth of the agricultural robots market over the forecast period.

Global Agricultural Robot Market Report Scope

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2020
Historic Years 2016-2020
Forecast Years 2021-2028
Market Size Provided In Terms Of Revenue & Volume
Segments Covered Type, Farm Produce, Farming Environment
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Countries Covered The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others
Companies Covered Deere & Company, DJI, CNH Industrial NV, AGCO Corporation, DeLaval, Trimble Inc., BouMatic Robotics, Lely, AgJunction, AgEagle Aerial Systems, YANMAR Co., Deepfield Robotics, ecoRobotix, Harvest Automation
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

Market Segmentation

Type  Analysis: Preview

On the basis of Type, the market is segmented into Milking Robots, UAVs/Drones, Automated Harvesting Systems, Driverless Tractors, Others. UAVs/Drones held the highest share in the global Agricultural Robot market and is projected to witness the same trend during the forecast period.

Farm Produce Analysis: Preview

Based on Farm Produce, the market is segmented into Fruits & Vegetables, Field Crops, Dairy & Livestock, Others. Fruits & Vegetables accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.

Farming Environment Analysis: Preview

Based on Farming Environment, the market is segmented into Indoor, Outdoor. Outdoor dominates the global Agricultural Robot market and is expected to continue the same trend from 2021 to 2028. 

Global Agricultural Robot Market: Type Segment Analysis

    • Milking Robots
    • UAVs/Drones
    • Automated Harvesting Systems
    • Driverless Tractors
    • Others

Global Agricultural Robot Market: Farm Produce Segment Analysis

    • Fruits & Vegetables
    • Field Crops
    • Dairy & Livestock
    • Others

Global Agricultural Robot Market: Farming Environment Segment Analysis

    • Indoor
    • Outdoor

Global Agricultural Robot Market: Segment Analysis

    • Harvest Management
    • Field Farming
    • Dairy & Livestock Management
    • Soil & Irrigation Management
    • Others

Regional Analysis: Preview

Based on geography, the global Agricultural Robot market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The regional section is further bifurcated into key country level markets for each region. Some of the prominent country-level markets are U.S., China, Germany, France, India, and Japan. It covers market size and estimations for each segment by region and country for the years 2016–2028. North America dominates the global Agricultural Robot market and is expected to continue the same trend during upcoming years. This is accredited to the presence of key market players combined with rising demand from the end-users.  

Market Size, 2021 (USD Billion)
North America
Europe
Asia Pacific
South America
Middle East Africa

Global Agricultural Robot Market: Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Competitive Landscape

Major players in the global Agricultural Robot market are Deere & Company, DJI, CNH Industrial NV, AGCO Corporation, DeLaval, Trimble Inc., BouMatic Robotics, Lely, AgJunction, AgEagle Aerial Systems, YANMAR Co., Deepfield Robotics, ecoRobotix, Harvest Automation. The global Agricultural Robot market report covers an exhaustive analysis of all the key players in the industry. This includes a business overview, extensive portfolio, business strategies, news, financial performance, length of distribution network,  and geographical presence among others. In addition to that, the report also covers company market share along with in-depth strategic developments.   

Global Agricultural Robot Market: Key Highlights

  • The global Agricultural Robot market was valued at USD 3.63 Billion in 2020
  • The global Agricultural Robot Market is projected to reach USD 15.93 Billion by 2028
  • North America held the highest share of the Agricultural Robot market in 2020
  • Some of the major companies operating in the Agricultural Robot market are Deere & Company, DJI, CNH Industrial NV, AGCO Corporation, DeLaval, Trimble Inc., BouMatic Robotics, Lely, AgJunction, AgEagle Aerial Systems, YANMAR Co., Deepfield Robotics, ecoRobotix, Harvest Automation

FAQ
Frequently Asked Question
  • The global Agricultural Robot valued at 3.63 Billion in 2020 and is expected to reach 15.93 Billion in 2028 growing at a CAGR of 20.31%%.

  • The prominent players in the market are Deere & Company, DJI, CNH Industrial NV, AGCO Corporation, DeLaval, Trimble Inc., BouMatic Robotics, Lely, AgJunction, AgEagle Aerial Systems, YANMAR Co., Deepfield Robotics, ecoRobotix, Harvest Automation.

  • The market is project to grow at a CAGR of 20.31%% between 2021 and 2028.

  • The driving factors of the Agricultural Robot include

    • The increase in population and increasing labour shortage is encouraging automation along with maturing IoT and navigation technologies driving down cost of automation is anticipated to augment the growth of the agricultural robots market over the forecast period. Furthermore, the COVID-19 pandemic is also expected to accelerate the use of robots in agricultural sector in the years to come.
    • The increase in scope for automation in agriculture in the untapped market and use of real-time multimodal robot systems in fields along with increased use of electrification technology in agricultural robots is also expected to fuel the growth of the market in the years to come.

  • North America was the leading regional segment of the Agricultural Robot in 2020.