Global Agricultural Robots Market CAGR - 21.1%
December 21, 2018
"Global Agricultural Robots Market Size, Share - Segmented by Type,
Application, Offering, and Geography - Growth, Trends, and Forecast
(2018 - 2023)" report has been added to ResearchAndMarkets.com's
The market is valued at USD 3.42 billion in 2017 and is expected to
register a CAGR of 21.1%.
The shortage of people working on farms is growing chronic everywhere.
In the Asia Pacific, especially in Japan alone, the number of people
working in farms dropped from 2.2 million in 2004 to 1.7 million in
2014. Such a huge decline in the workforce of about 12.8% is also
observed in the European agriculture sector.
This decline for the workforce is observed due to lack of young people
becoming farmers, finding it unattractive and skill shortages are
encouraging farming automation technologies.
addition to this, several automations in agriculture were recorded like
Hands-free hectare project in the UK, robot-based milking production in
China, weed killing robots in Australia, owing to this robots in
agriculture has a huge potential of traction in the near future.
Some of the major projects like GARotics (Green Asparagus Robotics
Harvesting System), GRAPE (Ground Robot for vineyArd Monitoring and
ProtEction), and MARS (Mobile Agricultural Robotic Swarms) were funded
by the European Commission to replace the manual labor with automation
Milking robots are one of the most successful and important innovations
in the dairy farming system. According to the International Federation
of Robotics, Milking Robots occupy 85% share of field robots. The
average sales of Milking Robots increased by about 9.4% between 2016 and
Nearly 20,000 dairy farms have installed robots in Western Europe,
Canada, US, China, and Japan. The factors like increased milking
frequency and high labor flexibility are driving milking robots market.
Key Developments in the Market
• A new generation of milking robot is unveiled by Lely Company, called
Lely Astronaut5, with over 2 million milkings in more than 7 countries
throughout the world.
• Naio Technologies unveiled two new robots named Ted and Bob, which are
designed to tackle weeds in Vineyards.
Major Players Profiled
• Blue River Technology
• Harvest Automation
• AGCO Corporation
• Lely Industries
• Naio Technologies
• Precision Hawk
• Deere & Company
• AG Eagle LLC
• Agribotix LLC