EU Ag Robots & Mechatronics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 6.47 Billion |
| Market Size (2029) | USD 12.95 Billion |
| CAGR (2024 - 2029) | 14.90 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
EU Ag Robots & Mechatronics Market Analysis
The Europe Agricultural Robots and Mechatronics Market size is estimated at USD 6.47 billion in 2024, and is expected to reach USD 12.95 billion by 2029, growing at a CAGR of 14.90% during the forecast period (2024-2029).
Agricultural robots and mechatronics are the machines used in agriculture to substitute human labor and perform tasks (from plowing to harvesting) better than humans. This machinery is designed to operate in all weather conditions, restricted environments, and in crops and animal farms.
EU Ag Robots & Mechatronics Market Trends
This section covers the major market trends shaping the Europe Agricultural Robots & Mechatronics Market according to our research experts:
Adoption of UAV in Agriculture
Due to their ease-of-use and low-cost, Unmanned Aerial Vehicles (UAVs) or drones can be used for producing time-series animations, showing the precise development of a crop. The new generation of agriculture drones are technologically-advanced, which can support in pest control, monitoring soil and crop conditions, mapping, and estimating acreage and crop types. These drones also support in the surveying of areas, where there is a limited possibility of humans to assess. This technology will help farmers in the planning of input use, like crop protection chemicals, with the use of common detection methods and to reduce their monitoring costs. Factors, like an effective assessment of farms using drones, can help in the overall profitability of the farmers, which is expected to drive unmanned aerial vehicles, during the forecast period.
Spain Dominates the Market
The Spanish agricultural robotics and mechatronics market is estimated to register a CAGR of 35.8% during the forecast period. The share of Spain in the European agricultural robots and mechatronics market was 30.20% in 2019 and takes place as the largest shareholder in the European region. Most of the farmers in Spain are Large landholders. This is attributed to the increasing environmental and technological concerns that suit the government policies and initiatives. Spain emphasizes both on animal farming and agriculture. Hence most of the products in agriculture robots and mechatronics market can be driven in Spain. However, the lack of automated and unmanned aerial vehicles and intensive labor requirements necessitate automation.
EU Ag Robots & Mechatronics Industry Overview
The European agricultural robots and mechatronics market is moderately consolidated, with the top companies accounting for about 43% of share in the market, while the rest of the companies account for the remaining share. The governments in the European countries are encouraging the use of agricultural drones, in order to enhance the level of productivity, by providing subsidies and creating awareness about the benefits of the agricultural robots and mechatronics. The major factors for the growth of the market are the high level of awareness and the willingness to adopt new technologies and low productivity.
EU Ag Robots & Mechatronics Market Leaders
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AGCO
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Autonomous Solutions (ASI)
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Autonomous Tractor Corporation
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CLAAS
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CNH Industrial
*Disclaimer: Major Players sorted in no particular order
EU Ag Robots & Mechatronics Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porters Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Application
- 5.1.1 Animal Farming
- 5.1.2 Crop Production
- 5.1.3 Forest Control
- 5.1.4 Other Applications
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5.2 Type
- 5.2.1 Autonomous Tractors
- 5.2.2 Unmanned Aerial Vehicles (UAV)
- 5.2.3 Agrochemical Application
- 5.2.4 Robotic Milking
- 5.2.5 Other Types
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5.3 Geography
- 5.3.1 Europe
- 5.3.1.1 Spain
- 5.3.1.2 France
- 5.3.1.3 United Kingdom
- 5.3.1.4 Italy
- 5.3.1.5 Russia
- 5.3.1.6 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 3D Robotics
- 6.3.2 AGCO
- 6.3.3 Agribotix
- 6.3.4 Agrobot
- 6.3.5 Amazonen-Werke
- 6.3.6 Autonomous Solutions (ASI)
- 6.3.7 Autonomous Tractor Corporation
- 6.3.8 AutoProbe Technologies
- 6.3.9 Blue River Technology
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityEU Ag Robots & Mechatronics Industry Segmentation
The Europen agricultural robotics 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), and geography (Spain, United Kingdom, France, Germany, and Italy).
| Application | Animal Farming | |
| Crop Production | ||
| Forest Control | ||
| Other Applications | ||
| Type | Autonomous Tractors | |
| Unmanned Aerial Vehicles (UAV) | ||
| Agrochemical Application | ||
| Robotic Milking | ||
| Other Types | ||
| Geography | Europe | Spain |
| France | ||
| United Kingdom | ||
| Italy | ||
| Russia | ||
| Rest of Europe |
EU Ag Robots & Mechatronics Market Research FAQs
How big is the Europe Agricultural Robots and Mechatronics Market?
The Europe Agricultural Robots and Mechatronics Market size is expected to reach USD 6.47 billion in 2024 and grow at a CAGR of 14.90% to reach USD 12.95 billion by 2029.
What is the current Europe Agricultural Robots and Mechatronics Market size?
In 2024, the Europe Agricultural Robots and Mechatronics Market size is expected to reach USD 6.47 billion.
Who are the key players in Europe Agricultural Robots and Mechatronics Market?
AGCO, Autonomous Solutions (ASI), Autonomous Tractor Corporation, CLAAS and CNH Industrial are the major companies operating in the Europe Agricultural Robots and Mechatronics Market.
What years does this Europe Agricultural Robots and Mechatronics Market cover, and what was the market size in 2023?
In 2023, the Europe Agricultural Robots and Mechatronics Market size was estimated at USD 5.63 billion. The report covers the Europe Agricultural Robots and Mechatronics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Agricultural Robots and Mechatronics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
EU Ag Robots & Mechatronics Industry Report
Statistics for the 2024 EU Ag Robots & Mechatronics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. EU Ag Robots & Mechatronics analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
