Lucintel Forecasts the Global Agricultural Robots Market to Reach $29.4 billion by 2030
Lucintel Forecasts the Global Agricultural Robots Market to Reach $29.4 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global agricultural robots market looks promising with opportunities in the planting & seeding management, spraying management, milking, monitoring & surveillance, harvest management, and livestock monitoring markets. The global agricultural robots market is expected to reach an estimated $29.4 billion by 2030 from $14.3 billion in 2024, at a CAGR of 12.8% from 2024 to 2030. The major drivers for this market are growing concerns about ecosystem change, rising need for farm management to be optimized through the use of agricultural drones and robotics, and an increase in IoT devices linked to farm management to evaluate data on many parameters.
A more than 150-page report to understand trends, opportunity and forecast in agricultural robots market to 2030 by offering (agricultural robot hardware- automated & controlled system, agricultural robot sensor & monitoring device, and agricultural robot software service), type (driverless tractors, unmanned aerial vehicles (UAVs), dairy robots, material management, and others), application (planting & seeding management, spraying management, milking, monitoring & surveillance, harvest management, livestock monitoring, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecast that dairy robots will remain the largest segment over the forecast period due to rising number of dairy farming tasks, like as feeding, milking, and keeping an eye on the health of the milking animals that can be automated with the help of robots, as well as, to lowering labor expenses, this technology guarantees reliable, premium milk production.
Through this market, planting and seeding management will remain the largest segment due to the technological advancements, as well as, automation, robotics, and artificial intelligence technologies continue to advance, agricultural robots have grown in capability and effectiveness.
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APAC is expected to witness the highest growth over the forecast period because of innovation and technological progress in nations like China, India, and Japan that have resulted in the creation of sophisticated robotics solutions for the agricultural industry, as well as, growing demand for efficient farming methods, expanding population and growing worries about food security in the region.
Deere & Company, CNH Industrial, Lely, AgJunction, DeLaval, Deepfield Robotics, Naïo Technologies, KUBOTA are the major suppliers in the agricultural robots market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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