Agricultural Robots Market Size, Share & Trends Analysis Report By Product (UAV, Driverless Tractor, Milking Robots, Materials Management), By Application, By Region, And Segment Forecasts, 2018 - 2025

Report Overview

The global agricultural robots market size was valued at USD 1.05 billion in 2015, owing to electronics technologies such as Global Positioning System (GPS) and Geographic Information System (GIS). Precision farming, a crop management technique that uses Big Data and GPS, is gaining traction in the market.

U.S. agricultural robots market by product, 2014 - 2025 (USD Million)

The increasing use of precision agriculture, among farmers, for collecting and processing data helps in making better decisions on fertilizing, planting, and harvesting crops. The technique has immense potential to enhance crop yields and profits and resolve the food and water crises. The increasing need for monitoring crop health for yield production and the increasing government support for the adoption of modern agricultural techniques are expected to drive the industry demand over the forecast period.

The trend of maximizing agricultural resources, in a sustainable manner, is positively influencing farmers with its growing demand in the world’s food supply chain. IoT has become a mainstream technology, driving several industries such as transportation, manufacturing, agriculture, and others.

The proliferation of IoT has revolutionized the agriculture industry that primarily depends on technology, engineering, and physical and biological sciences. Furthermore, the increasing labor wages and untrained labor have also propelled farmers to use a cost-efficient method for increasing productivity, which is likely to influence the industry growth over the projected period.

Product Insights

Based on the product, the agricultural robots market is segmented into unmanned aerial vehicles (UAVs), driverless tractors, milking robots, and materials management. The UAV product segment is anticipated to portray a high market share over the forecast period.

The milking robots segment dominated the market in terms of revenue in 2015. Milking robots are also called automatic milking systems or voluntary milking systems devoted to extracting milk from an animal. This product would help in increasing the milk yield and reduces workforce costs.

The growing venture funding has encouraged manufacturers to develop efficient and effective drones for farming. Drones used in agriculture are extensively used for capturing novel videos of harvesting, planting, and scouting fields, which is further propelling the segment demand.

The driverless tractor product segment is expected to have significant growth. Autonomous tractors have the ability of planting, seeding, and tillage for row and broadacre crop farming. The growing industrialization of the agriculture sector, across regions, including India, China is likely to influence the segment growth.

Application Insights

Based on the application, the industry is segmented into field farming, dairy management, animal management, soil management, and crop management. The dairy management segment dominated the market in terms of revenue in 2015 and was valued at 585.6 Million.

The soil management segment is anticipated to witness the highest growth rate over the projected period. The growth is driven by the growing deployment of mobile field robots, for weeding and fertilizing, which is expected to drive the segment demand over the forecast period.

Agricultural robots market, by application, 2015 (%)

The crop management application is majorly used in medium to small-sized farms and horticulture. The rising awareness among farmers and the availability of software solutions for data analytics and field surveys are the key factors driving the crop management application.

The increasing venture funding for UAV manufacturers and the growing awareness of the benefits of drones among farmers are also expected to propel the field farming segment growth. Additionally, the ability of drones to detect the disease and health of crops to reduce crop damage further enhances the segment demand.

Regional Insights

North America held a significant share of around 31.5% in 2015 and has become one of the most influential markets, owing to the high adaptability of the consumers to the new technology. The shift in the Federal Aviation Administration’s regulatory policy that encourages commercial use of drones has influenced the market growth in the region. Improving the imaging capabilities of drones further improves crop yield and profits for organizations.

The agriculture industry needs technology infusion to enhance the production of food. Farm mechanization has dramatically increased the profitability of the agriculture sector in developed countries.

Increasing government support for the adoption of modern agriculture techniques is anticipated to drive the market demand. For instance, the Farm Advisory System (FAS) helps the farmers to better understand the EU rules for the environment, animal health, and good agricultural, and environmental condition.

The European Union has rationalized rules and regulations for drone operations, which are expected to spur industry growth in the region. The increasing venture capital and the rising industrialization of the agriculture sector are expected to positively impact the segment demand. 

Key Companies & Market Share Insights

Some of the major companies include Agribotix LLC (U.S.), AGCO Corporation (U.S.), Autonomous Solutions, Inc. (U.S.), and BouMatic Robotics B.V. (Netherlands). The common strategies that are expected to be adopted by the industry players include licensing of technologies and vertical integration.

Agricultural Robots Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the latest trends and opportunities in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global agricultural robots market based on product, application, and region:

• Product Outlook (Revenue, USD Million; 2014 - 2025)

  • UAV

  • Driverless tractor

  • Milking robots

  • Materials management

• Application Outlook (Revenue, USD Million; 2014 - 2025)

  • Field farming

  • Dairy management

  • Animal management

  • Soil management

  • Crop management

• Regional Outlook (Revenue, USD Million; 2014 - 2025)

  • North America

    • The U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • The U.K.

    • France

  • Asia Pacific

    • China

    • India

    • Japan

  • South America

    • Mexico

  • The Middle East and Africa (MEA)