The global Agriculture Robots Market Growth Accelerated by Increasing Adoption of Automation in Agriculture

Agriculture robots help in monitoring field conditions, crop growth, and soil quality allowing targeted application of inputs. They perform agriculture operations autonomously with precision thus helping to increase productivity and efficiency. Agriculture robots offer benefits like reduced input costs, minimized environmental impact, and improved yields.

The global Agriculture Robots Market is estimated to be valued at US$ 15.26 Mn  in 2024 and is expected to exhibit a CAGR of 6.5%  over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends

oThe adoption of automation in agriculture is increasing at a rapid pace owing to various benefits offered by agriculture robots like higher productivity, reduced input costs and labor requirements. Agriculture robots help in performing tasks like weed removal, fruit picking, monitoring field conditions autonomously with precision. With adoption of automation and technologies like AI, IoT, agriculture robots are gaining increased acceptance among farmers globally. Precision agriculture enabled by robots helps farmers to apply inputs optimally reducing costs and minimizing environmental impact. This is expected to drive higher growth of agriculture robots market during the forecast period.

Segment Analysis
The global agriculture robots market is dominated by the harvesting robots segment. Harvesting robots aim to reduce loss and wastage of produce by effectively monitoring crop growth and harvesting them at their peak ripeness. Advancements like computer vision, sensors and robotic arms have enabled harvesting robots to delicately pick fruits and vegetables without damaging them. This helps increase crop yield and quality while minimizing manual labor requirements.

Key Takeaways
The global Agriculture Robots Market Growth is expected to witness high growth over the forecast period. Recent technological advancements and growing adoption of automation in farms are fueling market expansion. The global Agriculture Robots Market is estimated to be valued at US$ 15.26 Mn  in 2024 and is expected to exhibit a CAGR of 6.5%  over the forecast period 2024 to 2031.

Regional analysis
North America currently dominates the agriculture robots market owing to strong adoption among farmers to increase productivity and reduce labor costs. Government initiatives and funding for agricultural robotics research further support market growth in the region. Asia Pacific is expected to be the fastest growing regional market. Countries like India and China are deploying agricultural drones and robots to address issues of labor shortage and boost farm output to meet rising food demand.

Key players
Key players operating in the agriculture robots market are BASF SE, Eastman Chemical Company, Merck KGaA, Evonik Industries AG, Tokyo Chemical Industry Co., , td., Alfa Aesar, TCI America, MP Biomedicals, Santa Cruz Biotechnology, Inc., Energy Chemical. They are focused on developing advanced sensor technologies, computer vision algorithms and robotic arms to build more effective harvesting, nursery and livestock management robots. Partnerships with farms are allowing players to enhance their product offerings based on customer requirements.

For More Insights On This Topic: https://www.newswirestats.com/agriculture-robots-market-share-analysis/

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