Global Agricultural Robots and Mechatronics Market - Growth, Trends, and Forecast (2020 - 2025)

The Global Agricultural Robots and Mechatronics Market is segmented by type into autonomous tractors, unmanned aerial vehicles (UAVs), robotic milking and others, and by application into animal farming, crop production, forest control, and other applications. A geographical analysis of the top 16 markets across the world has been provided.

Market Snapshot

Study Period:

2015-2024

Base Year:

2019

Fastest Growing Market:

Europe

Largest Market:

North America

CAGR:

24.2 %

Major Players:

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Market Overview

The agricultural robots and mechatronics market was valued at USD 3.4 billion in 2018 and is expected to register a CAGR of 24.2%, during the forecast period (2019-2024). In 2018, North America was the largest geographical segment of the market studied and accounted for a share of around 42%.

Big industrial indoor farms are using aquaponics, which includes high-tech plumbing and filtration systems that can recycle virtually all the fresh water and avoid the use of pesticides. The combination of indoor farming and robots is likely to enhance the production capacities of crops. This is likely to drive the agricultural robots and mechatronics market to an extent. Across the world, a huge decline of the workforce is observed due to many reasons, like the lack of skilled labor, aging of farmers, and young farmers finding farming an unattractive profession, thus encouraging trend for automated farming operations

Scope of the Report

Agricultural robots and mechatronics support farmers by performing agricultural operations, such as crop and animal sensing, weeding and drilling, integration of autonomous systems technologies into existing farm operational equipment such as tractors, robotic systems to harvest crops, and conduct complex dexterous operations and allied industry operations.

Type
Autonomous Tractors
Unmanned Aerial Vehicles (UAVs)
Robotic Milking
Other Types
Application
Animal Farming
Crop Production
Forest Control
Other Applications
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Spain
United Kingdom
France
Germany
Russia
Italy
Rest of Europe
Asia - Pacific
China
Japan
India
Australia
Rest of Asia - Pacific
Rest of the World
Brazil
Argentina
South Africa
Other Regions

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Key Market Trends

Shortage and Increasing Costs of Labor

Across the world, a huge decline of the workforce is observed due to many reasons, like the lack of skilled labor, aging of farmers, and young farmers finding farming an unattractive profession, thus encouraging trends for automated farming operations. According to the data by the World Bank, the percentage of agricultural workforce decreased from 29.1% in 2015 to 28.1% in 2019. The labor costs differ based on the size of the farm. On average, the labor cost associated with small and large farms is approximately USD 68,673 and USD 1,316,537, respectively. Owing to the above factors, the market for agricultural robotics and mechatronics is going to boom during the forecast period.

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North America dominates the market

According to Mordor Intelligence analysis, the share of the North American agricultural robots and mechatronics market was 62% in 2018. The United States is one of the largest markets for autonomous tractors in the agricultural robots and mechatronics market in North America. Autonomous Tractor Corporation and Agrobotics LLC are some of the major players in the market studied, based in this region. The major factors driving the market studied in North America are large scale farming operations, decline in labor, and the need to enhance productivity of agriculture.

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Competitive Landscape

The agricultural robots and mechatronics market is highly fragmented, with the top nine companies accounting for about more than 30% share of the market, while the rest of the companies account for the remaining share. There are various major companies that are highly involved in the introduction of new products. For instance, GEA Group Aktiengesellschaft has launched DairyRobot R9500 in January 2019, Vision Robotics has launched Grapevine Pruner, Yamaha Motor Company has introduced agricultural unmanned helicopter in 2018 Fazer R, and DeLaval Inc. has launched robot OptiDuo and VMS milking system V300 in June 2018.

Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Introduction to Market Drivers and Restraints

    3. 4.3 Market Drivers

    4. 4.4 Market Restraints

    5. 4.5 Industry Attractiveness - Porter's Five Force Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Autonomous Tractors

      2. 5.1.2 Unmanned Aerial Vehicles (UAVs)

      3. 5.1.3 Robotic Milking

      4. 5.1.4 Other Types

    2. 5.2 Application

      1. 5.2.1 Animal Farming

      2. 5.2.2 Crop Production

      3. 5.2.3 Forest Control

      4. 5.2.4 Other Applications

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Spain

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Germany

        5. 5.3.2.5 Russia

        6. 5.3.2.6 Italy

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia - Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia - Pacific

      4. 5.3.4 Rest of the World

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 South Africa

        4. 5.3.4.4 Other Regions

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Agrobotix LLC

      2. 6.3.2 Agrobot

      3. 6.3.3 Autonomous Solutions (ASI)

      4. 6.3.4 Autonomous Tractor Corporation

      5. 6.3.5 AutoProbe Technologies

      6. 6.3.6 Blue River Technology

      7. 6.3.7 BouMatic Robotics

      8. 6.3.8 Clearpath Robotics Inc.

      9. 6.3.9 Conic System

      10. 6.3.10 DeLaval Inc.

      11. 6.3.11 EcoRobotix Ltd

      12. 6.3.12 GEA Group Aktiengesellschaft

      13. 6.3.13 Harvest Automation Inc.

      14. 6.3.14 Deere & Company

      15. 6.3.15 Lely

      16. 6.3.16 Naio Technologies

      17. 6.3.17 PrecisionHawk

      18. 6.3.18 SAC Milking

      19. 6.3.19 SenseFly

      20. 6.3.20 Vision Robotics Corporation

      21. 6.3.21 Vitirover

      22. 6.3.22 Wall-Ye

      23. 6.3.23 Yamaha Motor Co. Ltd

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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