Global Agricultural Robots and Drones Market Share Is Expected to Grow At A CAGR Value Of Around 18.21% By 2028

14-Jul-2022 | Facts and Factors

According to Facts and Factors, the global agricultural robots and drones market size was valued at USD 5,172.50 million in 2021 and is predicted to increase at a CAGR of 18.21% to USD 14,120.03 million by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.

The growth can be linked to agricultural robots' role in addressing societal issues related to expanding human populations by enhancing food yields, monitoring environmental footprints, and alleviating a widespread labor shortage. Agricultural robots assist farmers with cloud seeding, fruit harvesting, weed management, environmental monitoring, seed planting, and soil analysis, as well as increasing efficiency, lowering operating costs, and enabling the latest precision agriculture techniques. During the projected period, the factors mentioned above are expected to boost the global agricultural robots market forward. The global agricultural robotics market is growing due to rising urbanization and rising food consumption around the world. Furthermore, governments all over the world have declared numerous helpful policies in the form of subsidies or aid for better production, as well as campaigns to raise knowledge about agricultural robots among farmers.

Browse the full “Agricultural Robots and Drones Market Size, Share, Growth Analysis Report By Type (Milking Robots, UAVs/Drones, Automated Harvesting Systems, Driverless Tractors, Others), By Farm Produce (Fruits & Vegetables, Field Crops, Dairy & Livestock, Others), By Farming Environment (Indoor, Outdoor), By Application (Harvest Management, Field Farming, Dairy & Livestock Management, Soil & Irrigation Management, Others), and By Region - Global Industry Insights, Comparative Analysis, Trends, Statistical Research, Market Intelligence, and Forecast 2022 – 2028" report at https://www.fnfresearch.com/agricultural-robots-and-drones-market

The constant reduction in the number of agricultural and harvesting areas accessible for crop production due to expanding industrialization increased infrastructural developments, and other factors are directly accountable for the global food supply shortage. As a result, the use of agricultural robots to generate high production from current land and animals has piqued the interest of farmers, milkmen, and agricultural companies, among others. Furthermore, the desire for agricultural robots is primarily driven by reduced human effort, which directly translates to lower labor costs during agricultural tasks. Furthermore, the increasing need for precision agriculture and agriculture robots, which will boost market expansion throughout the projected period, is a crucial driver that will increase the use of agricultural products in the coming years.

Segmental Overview

UAVs are expected to be the leading segment by type. Agricultural drones' prices have steadily dropped over the years, making them an appealing investment for many modern farmers. The development of low-cost multispectral cameras has also contributed to keeping costs as low as possible. With authorities such as the Federal Aviation Administration (FAA) laying the groundwork for drone regulations, the use of UAVs for agricultural applications has skyrocketed. As a result, unmanned aerial vehicles (UAVs) have the largest market share.

Due to the high penetration rate of UAVs and the high average selling price of driverless tractors, the field farming application is expected to hold a significant share of the agricultural robots market over the forecast period. Drones and self-driving tractors are assisting in the automation of field farming. As the use of driverless tractors for automating field farming applications expands, the market for driverless tractors is expected to surpass the market for milking robots. Milking robots have already been marketed, so the market is maturing. As a result, it will grow the slowest, causing dairy and livestock management applications to grow slower than other farming applications.

Regional Overview

In terms of sales, North America is the largest market for agricultural robots, accounting for roughly one-third of all sales in 2021. The United States is the world's largest user of agricultural and livestock management drones. In the United States, drones are used for a variety of tasks, including seeding, chemical spraying, crop monitoring, and irrigation control. Furthermore, milking robots hold a lot of promise in the country. Milking robots are used on all dairy farms in the United States and this proportion is expected to grow in the near future. Canada has also emerged as a promising market for self-driving tractors and milking robots.

Report Scope

Competitive Landscape

Some of the major companies operating in the agricultural robots and drones market are Deere & Company (US), DJI (China), CNH Industrial NV (UK), AGCO Corporation (US), DeLaval (Sweden), Trimble Inc. (US), BouMatic Robotics (The Netherlands), Lely (The Netherlands), AgJunction (US), AgEagle Aerial Systems (US), YANMAR Co. (Japan), Deepfield Robotics (Germany), ecoRobotix (Switzerland), Harvest Automation (US), Naïo Technologies (France), ROBOTICS PLUS (New Zealand), KUBOTA Corporation (Japan), HARVEST CROO (US), Autonomous Tractor Corporation (US), Clearpath Robotics (Canada), DroneDeploy (US), Agrobot (Spain), FFRobotics (Israel), Fullwood Packo (UK), Monarch Tractor (US)  and among others.

The global agricultural robots and drones market is segmented as follows:

By Type

• Milking Robots
• UAVs/Drones
• Automated Harvesting Systems
• Driverless Tractors
• Others

By Farm Produce

• Fruits & Vegetables
• Field Crops
• Dairy & Livestock
• Others

By Farming Environment

• Indoor
• Outdoor

By Application

• Harvest Management
• Field Farming
• Dairy & Livestock Management
• Soil & Irrigation Management
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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