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.
