The Agriculture Robots Market is projected to reach $23.9 billion by 2030, at a CAGR of 15.8% from 2023 to 2030. The global agriculture robots market is expected to reach USD 23,851.0 million by 2030 from an estimated USD 8,541.6 million in 2023, at a CAGR of 15.8% during the forecast period.
The growth of the agriculture robots market is driven by the rising adoption of drones for smart farming, population growth & labor shortages, and increasing government initiatives supporting the agriculture sector. However, the high costs of implementing agricultural robots restrain the growth of this market.
The increasing integration of artificial intelligence into agricultural robots is expected to create growth opportunities for the players operating in the agriculture robots market. However, the lack of technical knowledge among farmers and data privacy concerns pose a major challenge to market growth.
Here are the top 10 companies operating in the Agriculture Robots Market
Yanmar Holdings Co., Ltd.
Founded in 1912 and headquartered in Osaka, Japan, Yanmar manufactures industrial equipment. The company offers various types of equipment, including engines, agriculture machinery, construction equipment, energy systems, and machine tools. The company’s offerings cater to various industries, including agriculture, marine, power generation, and construction.
Yanmar provides various agricultural equipment, such as tractors, tillers, harvesters, rice transplanters, boat propulsion, compressors, and propulsion engines. These products optimize agricultural tasks and ensure streamlined and efficient management. The company has a geographical presence across Europe, North America, Asia-Pacific, Latin America, and the Middle East & Africa.
AgEagle Aerial Systems Inc.
Founded in 2012 and headquartered in Kansas, U.S., AgEagle is a leading provider of full-stack drone solutions worldwide. The company designs and supplies drones, sensors, and software to the energy, construction, agriculture, and public sectors. AgEagle operates in the market through three business segments: Drones, Sensors, and Software-as-a-Service (SaaS).
AgEagle offers proprietary, professional-grade, fixed-winged drones and aerial imagery-based data collection and analytics solutions for the agriculture sector. The company’s product portfolio also includes customer-centric, advanced, autonomous unmanned aerial systems that integrate with the hardware, sensors, and software and are used across various sectors, including agriculture, military & defense, public safety, surveying & mapping, and utilities & engineering.
With its subsidiaries and a strong distribution network, the company has a geographical presence across North America, Europe, the Middle East & Africa, Asia-Pacific, and other countries. Some of its subsidiaries are EnerJex Kansas Inc. (U.S.), MicaSense, Inc. (U.S.), and senseFly S.A. (Switzerland). As of 2023, the company had a headcount of 92 employees worldwide.
Lely International N.V.
Founded in 1948 and headquartered in Maassluis, Netherlands, Lely manufactures agricultural machines and robots. The company provides solutions and services to the agricultural sector. Lely offers a wide range of automated products for tasks such as milking, feeding, cleaning, tracking animal health, and farm management. The company also provides maintenance and technical services to optimize operations in dairy farms by implementing intelligent management systems. As of 2023, the company had a headcount of 2,100 employees worldwide.
Founded in 1939 and headquartered in Wisconsin, U.S., BouMatic is a global provider of milking technologies. The company provides innovative solutions to help dairy farmers safeguard animal welfare and improve profitability. BouMatic offers a full range of milking products, including bulk cooling tanks and route service essentials to automate milking systems and dairy management tools.
The company’s product portfolio includes robotics, milking, hygiene, cooling, monitoring, and maintenance services for the livestock sector. The company has a geographical presence across the U.S., Canada, Belgium, the Netherlands, Denmark, and France.
Deere & Company
Founded in 1837 and headquartered in Illinois, U.S., Deere & Company manufactures agricultural machinery, heavy equipment, forestry machinery, drivetrains, diesel engines, and lawn care equipment. These equipment are widely used for construction, road building, and forestry applications. Deere & Company operates in the market through four segments: Production and Precision Agriculture (PPA), Small Agriculture and Turf (SAT), Construction and Forestry (CF), and Financial Services (FS).
Through the Production and Precision Agriculture (PPA) segment, the company defines, develops, and delivers global equipment and technology solutions, including large and certain mid-size tractors, combine harvesters, cotton pickers, sugarcane harvesters & loaders, along with soil preparation, seeding, application, and crop care equipment for the agriculture sector. The Small Agriculture and Turf (SAT) segment is engaged in equipment and technology solutions, including mid-size and small tractors, hay and forage equipment, riding and commercial lawn equipment, golf course equipment, and utility vehicles for dairy and livestock producers, high-value crop producers, and turf and utility customers.
With its subsidiaries and a strong distribution network, the company has a geographical presence across the U.S., Canada, Western Europe, Central Europe & CIS, Latin America, Asia, Africa, Australia, New Zealand, and the Middle East. Some of its subsidiaries are Banco John Deere S.A. (Brazil), Blue River Technology, Inc. (U.S.), Harvest Profit, LLC (U.S.), and John Deere (Jiamusi)Agricultural Machinery Co., Ltd. (China). As of 2022, the company had a headcount of 82,239 employees worldwide.
Meticulous Research in its latest publication on Agriculture Robots Market has predicted the growth of 15.8% during the forecast year 2023-2030.
XAG Co., Ltd.
Founded in 2007 and headquartered in Guangdong, China, XAG is a design and manufacturing company of drones. The company provides drones, robots, autopilot, artificial intelligence, and Internet-of-Things products for agricultural production. The drones are used for spraying, crop monitoring, data collection regarding crop conditions, inspection, and other agricultural processes. The company offers an automatic spreading machine designed for seeding, fertilization, and plant protection and a connected monitoring station that provides real-time images of crop and soil information for crop growth.
The company has a geographical presence across Europe, North America, Asia-Pacific, Latin America, and the Middle East & Africa.
Clearpath Robotics Inc.
Founded in 2009 and headquartered in Ontario, Canada, Clearpath manufactures mobile robotics platforms. The company develops self-driving vehicle technology, including autonomous mobile robotics, and provides services such as robot deployment. The company provides drones or UAVs for agricultural applications. These robots are used in farm fields as they allow effortless mobility through soft soils, vegetation, thick mud, and steep grades.
Clearpath also provides software and sensors to integrate with robots to deliver goods inside factories, farms, and warehouses. These robotics applications are used across various industries, including mining, environment, and agriculture.
GEA Group Aktiengesellschaft
Founded in 1881 and headquartered in Dusseldorf, Germany, GEA is a manufacturing company that develops and produces process technology, focusing on enhancing the sustainability and efficiency of production processes globally. GEA’s product portfolio includes machinery, advanced process technology, components, and comprehensive services. The company also provides conventional milking solutions, digital herd management tools, and feeding & milking robots for crop framing and livestock management. It operates in the market through five business segments: Separation & Flow Technologies, Liquid & Powder Technologies, Food & Healthcare Technologies, Farm Technologies, and Heating & Refrigeration Technologies.
With its subsidiaries and a strong distribution network, the company has a geographical presence across Asia-Pacific, DACH & Eastern Europe, Latin America, North America, North and Central Europe, Western Europe, and the Middle East & Africa. Some of its subsidiaries are GEA Farm Technologies Argentina S.R.L. (Argentina), GEA Farm Technologies Australia Pty. Ltd. (Australia), GEA Farm Technologies Canada Inc. (Canada), and GEA Farm Technologies France SAS (France). As of 2022, the company had a headcount of 18,236 employees worldwide.
Founded in 1883 and headquartered in Botkyrka, Sweden, DeLaval is a manufacturer and provider of dairy & farming machinery. The company provides products, solutions, and services for dairy farmers that automate the milking process and increase productivity. These automated solutions are used to improve dairy processes and monitor animal welfare.
DeLaval offers robots for various applications such as milking, feeding, monitoring, cleaning, and livestock management. The company also provides software or platforms to provide insights regarding animal health and farm management. The company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Founded in 2011 and headquartered in Escalquens, France, Naio manufactures and markets autonomous robots for agriculture and viticulture. The company offers a wide range of robots for various applications, including weeding, hoeing, and harvesting. These robots are based on RTK GPS guidance that offers precise weeding to farmers. These robots tackle issues such as farm worker shortage, reduce strenuous physical workloads, limit the use of chemical weed killers, and help reduce soil erosion.
Authoritative Research on the Agriculture Robots Market – Global Opportunity Analysis and Industry Forecast (2023-2030)
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