Agricultural Robots: Development Trends drive Market Growth

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Agricultural Robots Development Trends drive
Market Growth
Agricultural technologies are evolving rapidly in
terms of automation, the use of advanced robots,
and enhanced food production. Additionally, with
the declining number of agricultural laborers,
the increasing need for high productivity in farm
areas, and the surging population, agricultural
robots are increasingly preferred
globally. Agricultural robots aid in increasing
the production yields for farmers in several
ways. These are also termed Ag robots and help
address labor shortages in agriculture and aid in
better time management for farmers. According to
Inkwood Research, the global agricultural robots
market is expected to register a CAGR of 19.63
during the forecast period, 2022-2030. This
growth is due to the diverse usage of
agricultural robots across food production,
animal management, cultivation, and milking.
However, the high expenses involved in automation
and robot maintenance are expected to hinder the
market growth.

• Top Trends Shaping the Agricultural Robots Market
  Prospects
• Incorporation of AI
• Artificial intelligence (AI) is increasingly
  gaining momentum in diverse fields, including
  agriculture. The technology enables robots to
  perform tasks done by humans. The AI applications
  in agriculture have resulted in the development
  of tools and applications that guide farmers in
  timely harvesting, nutrition management, pest
  attacks, types of crops grown, optimum planting,
  crop rotation, water management, etc.

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• Further, companies are manufacturing robots that
  can multi-task in farming fields. Such robots are
  trained to rapidly harvest crops with higher
  volumes and control weeds, determine the crop
  quality, detect weeds, and pack pick crops.
  They further help in tackling challenges faced by
  laborers.
• Additionally, AI in agriculture is helping
  farmers automate their farming and facilitating
  precise cultivation for high crop yield and high
  quality using few resources. Accordingly, the
  market players are launching several AI-based
  products and services. For instance, Ecorobotix
  is introducing AVO, a self-navigating machine
  used for spraying purposes. Further, Lely Deere
  Companys See and Spray aids in the spraying
  process.
• Growing Food Demand
• The growing population and the increased need for
  food are important trends defining the
  agriculture sector. According to the United
  Nations, the global population is estimated to
  increase from 7.7 billion to 9.7 billion in 2050.
  Consequently, there is a need for more labor,
  creating a shortage of skilled laborers.
  Therefore, there is a rising inclination toward
  robotic machines to accomplish all the tasks done
  by humans. Therefore, technology-based companies
  are developing robotic machines that address
  labor shortage problems and perform tasks like
  spraying, crop monitoring, seeding, etc.
• Conducive Segments
• The global agricultural robots market scope
  includes application and type. The applications
  include crop production, dairy and livestock
  management, and harvest management.
• Harvest management harbored the largest share of
  35.46 in 2021
• In harvest management, the accuracy and speed of
  the robots can facilitate more yields and reduce
  crop wastage. The growing labor costs is raising
  the adoption of automated harvesting system.
• North America and Asia-Pacific are the lucrative
  regions in the global market
• North America is the largest region in the
  market, with a 35.94 revenue share in 2021. The
  market prospects are attributed to the rising
  labor shortage and the increasing labor costs.
• Whereas Asia-Pacific is the fastest-growing
  region with a CAGR of 20.26. This is accredited
  to the trend of implementing drones for higher
  productivity and the rising awareness of crop
  scouting and field mapping.
• Competitive Insights
• The global agricultural robots market encompasses
  several key players prioritizing partnerships and
  collaborations. This is to create interest and
  awareness with regard to the agriculture sector
  in terms of career and technology prospects.
  Additionally, companies invest in technologies to
  launch innovative products that ease farming.
• In this regard, the key market players are
  Ecorobotix, Deere Company, CNH Industrial,
  BouMatic Robotics BV, Harvest Automation, etc.
  Ecrobotix offers lightweight GPS that uses its
  complex camera system to target and spray weeds.
  While BouMatic Robotics BV introduced Gemini, a
  milking robot, in May 2020.
• Our Experts Take

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According to our industry experts, there will be
increased demand for autonomous technologies in
the agricultural sector. This is due to the
growing need for automated machines. Robots in
agriculture can minimize human dependency
significantly. Furthermore, they will enhance the
efficiency levels substantially with holistic
farming approaches like machine learning and
artificial intelligence. Such developments will
propel the global agricultural robots market
prospects. In addition, several new manufacturers
are expected to enter the market, offering
platform-centric software solutions for
production applications. Moreover, there will be
increased prioritization of innovations and
technological advancements to lower operational
costs and reduce complexity. At the same time,
agricultural robots need a great amount of
research and development, thereby requiring huge
investments.

• FAQs
• Which is the leading country in the global
  agricultural robots market?
• A India is the leading country in the global
  agricultural robots market.
• Which is the leading type in the global
  agricultural robots market?
• A Milking robot is the leading type in the
  global agricultural robots market.