According to Market Research Future, the global Agriculture Robots Market has been segmented based on robot type, farm type, farm produce, application, and region.
Emerging electrification technologies and the rapid development of real-time multimodal robots are expected to create opportunities for market players during the review period. Furthermore, the shortage of farm labor, penetration of IoT and navigation technologies across the globe, and rising use of drones for crop mapping are expected to impact the market positively. However, design complexity limits the market growth.
Key players present in the global agriculture robots market are Deere & Company (US), Trimble (US), AGCO Corporation (US), DeLaval (Sweden), DJI (China), Boumatic Robotics (Netherlands), Lely (Netherlands), AgJunction Inc. (US), Topcon Positioning Systems, Inc. (US), AgEagle Aerial Systems, Inc. (US), and Yanmar Co. (Japan) among others.
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Based on the robot type, the market has been categorized as UAV, milking robots, driverless tractors, automated harvesting systems, and others. The UAV segment is projected to dominate the market over the review period owing to its wide applications, small size, and affordability. However, the milking robots segment is expected to register the highest CAGR during the forecast period.
By farm type, the market has been bifurcated as outdoor and indoor. The outdoor segment dominated the market in 2019, and the trend is expected to continue during the forecast period. Indoor farms are investing heavily in climate sensors for applications, including greenhouses and vertical farming.
Based on farm produce, the market has been categorized as fruits & vegetables, field crops, dairy & livestock, and others. The field crops segment was dominant in 2019. However, the dairy & livestock segment is expected to register the highest CAGR during the forecast period from 2020 generating high demand for milking robots
By application, the market is segmented as field farming, harvest management, dairy & livestock management, irrigation management, inventory management, and others. The field farming segment is projected to hold the largest market share. In April 2020, Yanmar Europe announced its EUR 4 million project—Smart Machine for Agricultural Solutions High-tech (SMASH)—for the development of a modular robotic platform that can examine crops and soils, analyze gathered information, and provide clear, actionable information to farmers.
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The global agriculture robots market is segmented based on region, into North America, Europe, Asia-Pacific, and the rest of the world.
Europe, followed by North America, is projected to be the largest market during the forecast period due to the presence of market players and the easy availability of proficient technical expertise. Also, the increasing population, shortage of farm labor, and decreasing arable lands in this region further boost the growth of the agriculture robots market. However, the Asia-Pacific market is expected to register a significant CAGR during the forecast period.
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