The global Agricultural Robots market is anticipated to reach around USD 19,378.5 million by 2026 according to a new research published by Polaris Market Research. In 2017, the milking robots segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market in 2017.
There has been an increasing adoption of agricultural robots
across the world owing to growing agricultural industry, and high-demand for
food crops. The growing population, and increasing automation of farm
operations further supports the Agricultural Robots market growth. The global
agricultural robots market is driven by the increasing need to improve the
quality of crops produced, maximize crop production, and enhance productivity.
Other factors driving the growth of this market include growth in the global
agricultural industry, reducing availability of labors, and increasing labor
costs. Increasing need of agricultural robots in farming, dairy production, and
green plantation operations has created the need to develop new innovative
products for diversified application areas in these sectors. However, high initial
investment restricts the growth of the agricultural robots market. Growing
demand from emerging economies, and technological advancements are factors
expected to provide numerous growth opportunities during the forecast period.
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The leading players in the Agricultural Robots market are
introducing advanced products to cater to the growing demand of consumers.
Agrobot SW 6010 is a harvester robot used for fruit picking and sorting. The
Hortibot is a self-propelled robotic system, which works in coordination with
global positioning system (GPS) system and can be managed by smartphone
application. It has the capability to recognize and cut 25 various types of
weeds. Asterix Project, a robot by Adigo is used for spraying herbicides in
fields.
The North America Agricultural Robots Market generated the highest
revenue in the market in 2017. The increasing population, and growing demand
for high quality crops drives the growth of this market. Growing cost of labor,
and increasing automation in agricultural practices further support market
growth. Increasing investments and subsidies in the agriculture sector by
governments are expected to boost the adoption of robots for increased
productivity in farms. Increasing need to improve food quality and productivity
along with increased industrialization and automation of farming equipment
further supplements the growth of Agricultural Robots Market.
The different types of agricultural robots include milking robots,
harvesting robots, drones, driverless tractors, and others. In 2017, milking
robots accounted for the largest share in the global market. Milking robots are
used as an automated milking system in the dairy sector. Lely Astronaut A4
milking machine by Lely is one of the popular products available in the market
for milking applications. An innovative product available in this category is
Voyager robotic fencer, which is developed by Lely. This robot is used as an
automated grazing control system for dairy cows.
The leading companies profiled in the Agricultural Robots Market
report include AG Leader Technology, AGCO Corporation, Harvest Automation,
Inc., Drone Deploy, Agribotix LLC, Deere & Company, Boumatic Robotics,
B.V., Topcon Positioning Systems, Inc., Autonomous Solutions, Inc., GEA Group,
CLAAS KGaA mbH, and CNH Industrial. These companies launch new products and
collaborate with other market leaders to innovate and launch new products to
meet the increasing needs and requirements of consumers.
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