Market Size of Agricultural Robots and Mechatronics Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 20.40 % |
Fastest Growing Market | Europe |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Agricultural Robots and Mechatronics Market Analysis
The global agricultural robots and mechatronics market are anticipated to grow at a CAGR of 20.4% during the forecast period.
- Robotics will bring the agricultural revolution. However, it would be interesting to see how the farmers, agri-businessmen, and consumers will utilize the power of robotics and digital mechanization to shape the future of this industry. The growing demand for food and increasing urbanization are among the major growth drivers of the global agricultural robot market. Governments have launched several beneficial policies globally to improve awareness and enhance yields. For instance, the European Union has funded projects to replace labor-intensive tasks with advanced automated technologies. This is likely to drive the agricultural robots and mechatronics market to an extent.
- Mobile robots will replace semi-skilled workers. However, there is never going to be an automated farm. There is still a need for farmers, farm managers, and agronomists people to make decisions. On the other hand, some agricultural tasks are better suited for machines. So we will require an increased workforce quality to deal with high-tech machines. In Japan, The government there is investing a lot of money in agricultural robotics to increase the workers' skill level. This, in turn, increases the workers' pay and the quality of life in rural areas.
- The key factors propelling this market's growth are labor shortage, increasing labor cost, increasing demand for food and agriculture supply, the efficiency of work, adoption of emerging technologies, and increasing research on different applications to make human life easier with perfect end results. This will anticipate the growth of the market during the coming years.
Agricultural Robots and Mechatronics Industry Segmentation
Agricultural robots and mechatronics support farmers by performing agricultural operations, such as crop and animal sensing, weeding and drilling, integrating autonomous systems technologies into existing farm operational equipment such as tractors and robotic systems to harvest crops, and conducting complex dexterous operations and allied industry operations. The global agricultural robots and mechatronics market is segmented by type (autonomous tractors, unmanned aerial vehicles (UAVs), milking robots and other types) and application (crop production, animal husbandry, forest control, and other applications). The report offers market sizing and forecasts in terms of value (USD million) for all the above segments.
Type | |
Autonomous Tractors | |
Unmanned Aerial Vehicles (UAVs) | |
Milking Robots | |
Other Types |
Application | |
Crop Production | |
Animal Husbandry | |
Forest Control | |
Other Applications |
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Agricultural Robots and Mechatronics Market Size Summary
The global agricultural robots and mechatronics market is poised for significant expansion, driven by the increasing demand for food and the need to enhance agricultural productivity amid rising urbanization. Robotics and digital mechanization are set to revolutionize the industry, with governments worldwide implementing policies to replace labor-intensive tasks with advanced automated technologies. This shift is expected to address labor shortages and rising labor costs, while also improving efficiency and productivity in farming operations. The integration of sophisticated technologies such as sensors, drones, and robotic systems is anticipated to make agriculture more profitable, efficient, and environmentally friendly, thereby boosting market growth during the forecast period.
North America, particularly the United States, is at the forefront of adopting agricultural robotics, with extensive use of drones and autonomous vehicles for various farming tasks. The market is moderately fragmented, with key players like Yamaha Motor Company, GEA Group Aktiengesellschaft, DeLaval Inc., Deere and Company, and AGCO Corporation leading the charge. These companies are actively expanding their presence and enhancing their product offerings to meet the growing demand for agricultural automation. Innovations such as Yamaha's FAZER R AP and GEA's Dairy Feed F4500 exemplify the industry's commitment to leveraging technology for improved agricultural practices. As the market continues to evolve, the focus on sustainability and operational efficiency will remain paramount, driving further advancements in agricultural robotics and mechatronics.
Agricultural Robots and Mechatronics Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Force Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Autonomous Tractors
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2.1.2 Unmanned Aerial Vehicles (UAVs)
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2.1.3 Milking Robots
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2.1.4 Other Types
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2.2 Application
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2.2.1 Crop Production
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2.2.2 Animal Husbandry
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2.2.3 Forest Control
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2.2.4 Other Applications
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Spain
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Germany
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2.3.2.5 Russia
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2.3.2.6 Italy
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 India
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2.3.3.3 Japan
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East and Africa
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2.3.5.1 South Africa
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2.3.5.2 Rest of Middle East and Africa
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Agricultural Robots and Mechatronics Market Size FAQs
What is the current Agricultural Robots and Mechatronics Market size?
The Agricultural Robots and Mechatronics Market is projected to register a CAGR of 20.40% during the forecast period (2024-2029)
Who are the key players in Agricultural Robots and Mechatronics Market?
DeLaval Inc., GEA Group Aktiengesellschaft, Yamaha Motor Company, Deere and Company (US) and AGCO Corporation (US) are the major companies operating in the Agricultural Robots and Mechatronics Market.