Farming Robots and Mechatronics Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 13.70 Billion |
| Market Size (2029) | USD 34.60 Billion |
| CAGR (2024 - 2029) | 20.40 % |
| Fastest Growing Market | Europe |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Farming Robots and Mechatronics Market Analysis
The Agricultural Robots And Mechatronics Market size is estimated at USD 13.70 billion in 2024, and is expected to reach USD 34.60 billion by 2029, at a CAGR of 20.40% during the forecast period (2024-2029).
- Robotics is poised to revolutionize agriculture. Key drivers fueling this market's expansion include labor shortages, rising labor costs, surging food demand, agricultural supply challenges, work efficiency, the embrace of emerging technologies, and ongoing research aimed at enhancing human life with optimal outcomes.
- Globally, governments have rolled out policies to boost awareness and enhance agricultural yields. For example, In 2021, India's Ministry of Agriculture & Farmers' Welfare launched initiatives like the National e-Governance Plan in Agriculture (NeGPA). This plan allocates funds to promote modern technologies, including Artificial Intelligence (AI), Machine Learning (ML), robotics, drones, data analytics, and blockchain, thereby fostering digital agriculture in India.
- In a similar vein, in August 2023, Canada's Ministry of Agriculture and Agri-Food unveiled an investment of up to USD 31,796.0. This funding, part of the Adoption Stream of the Agricultural Clean Technology (ACT) Program, aims to assist François Delorme farm in acquiring a fertilizer spreader equipped with variable rate technology.
- While mobile robots are set to take over semi-skilled roles, the notion of a fully automated farm remains a fantasy. Decision-making will still rely on farmers, farm managers, and agronomists. Yet, certain agricultural tasks lend themselves more to machines. This shift necessitates a more skilled workforce adept at handling advanced machinery. Japan government heavily invests in agricultural robotics, not just to enhance productivity but also to uplift the skill levels of workers. This investment is paying off, leading to better wages and improved quality of life in rural regions.
Farming Robots and Mechatronics Market Trends
Shortage and Cost of Labor is Driving the Market
Globally, the shortage of farm labor is driving an increased demand for farming robots and mechatronics. This trend mirrors a global shift where factors like rising wages, and urban migration, are nudging farmers toward mechanization. Autonomous tractors and modern farm equipment empower farmers to boost productivity and cut down operational time. Given the unpredictable weather and mounting competition, farmers are increasingly relying on farming robots and mechatronics to achieve higher yields with reduced labor.
As rural populations dwindle and urban migration intensifies, consequently, labor in agriculture decreases in many countries of the world. For instance, as per the data released by the World Bank, employment in agriculture (% of total employment) in Germany was 1.3 in 2021 which decreased and reached 1.2 in 2022. To counter this, farmers are turning to farming robots and mechatronics, aiming to sustain or boost productivity while leaning less on human labor.
Furthermore, as the world pivots towards precision agriculture, leveraging data and technology to refine farming practices, there's a growing emphasis on technologically advanced robots. This evolution aligns with the world’s broader agricultural modernization efforts. Moreover, by embracing automation, farmers are not only addressing the challenges of rising costs and dwindling labor but are also ensuring the sustainability of their agricultural output.
North America Dominates the Global Market
North America has this position mostly as a result of the United States drone market. Currently, the United States is the country that has adopted drones the most in the agricultural industry. Farms are already using drones in the United States for various agricultural tasks, such as pesticide spraying, crop monitoring, sowing, irrigation control, and more. In terms of the deployment of drones and autonomous cars, they are at the forefront of the sector. Robotics is being used in an increasing number of applications in the agricultural space. As such, technological advances are driving growth in the global agricultural robot market.
Robotics is driving the world forward in ways previously unimaginable. In the past decade, advances in robotic tools have enabled less invasive surgical procedures, exploration robots have enhanced human presence in planetary systems, robotic vehicles have autonomously driven millions of miles, and manufacturing robotics have positioned the United States as a leader in advanced manufacturing. The Federal government has a vested interest in the future of the US robotics industry as it will greatly affect the overall US economy to ensure proper workforce transition, including in STEM education, training programs, and re-skilling current workers, so they are prepared to meet future workforce needs.
In 2022, Naio Technologies introduced a new Orio agricultural robot alternative to herbicides that respects soils, improves working conditions, and collects data for smart farming by combining high-edge technology in robotics and AI. Orio can also have a standard three-point attachment and carry any implement at the robot's rear. For instance, high-accuracy seeding is an additional service Orio provides to growers allowing enhanced results when combined with weeding. The company recently released its vineyard robot Ted during CES 2022.
Agricultural Robots And Mechatronics Industry Overview
The farming robots and mechatronics market is fragmented. The major players in the market are Yamaha Motor Company, GEA Group Aktiengesellschaft, DeLaval Inc., Deere and Company (US), and AGCO Corporation, among others. Several companies are rapidly expanding their market presence.
Agricultural Robots And Mechatronics Market Leaders
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DeLaval Inc.
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GEA Group Aktiengesellschaft
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Yamaha Motor Company
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Deere and Company (US)
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AGCO Corporation (US)
*Disclaimer: Major Players sorted in no particular order
Agricultural Robots And Mechatronics Market News
- February 2023: Yamaha Motor Co., Ltd unveiled the establishment of a new company in Singapore. This move is strategically aimed at bolstering its presence in Southeast Asia and India, regions witnessing a surge in robot demand.
- October 2022: Yamaha Motor Co., Ltd unveiled its latest innovation, the FAZER R AP. This new product introduces an automatic flight feature to the FAZER R industrial unmanned helicopter, enhancing its agricultural applications and boosting spraying efficiency.
- September 2022: GEA launched GEA Dairy Feed F4500, an autonomously driving feeding robot that has been designed to take on this task independently and can handle herds of up to 300 cows. At the same time, it uses innovative sensor technology to reduce feed waste to a minimum saving time, money, and natural resources.
Agricultural Robots and Mechatronics Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Shortage and Cost of Labor is Driving the Market
4.2.2 Technological Advancement
4.2.3 Increasing Government Initiatives
4.3 Market Restraints
4.3.1 High Initial Costs
4.3.2 Complexity of Technology and Training Requirements
4.4 Porter's Five Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Type
5.1.1 Autonomous Tractors
5.1.2 Unmanned Aerial Vehicles (UAVs)
5.1.3 Milking Robots
5.1.4 Other Types
5.2 Application
5.2.1 Crop Production
5.2.2 Animal Husbandry
5.2.3 Forest Control
5.2.4 Other Applications
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 Spain
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Germany
5.3.2.5 Russia
5.3.2.6 Italy
5.3.2.7 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 India
5.3.3.3 Japan
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East and Africa
5.3.5.1 South Africa
5.3.5.2 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 AgEagle Aerial Systems
6.3.2 Autonomous Solutions (ASI)
6.3.3 Autonomous Tractor Corporation
6.3.4 BouMatic Robotics
6.3.5 Tetra Laval(DeLaval Inc.)
6.3.6 EcoRobotix Ltd
6.3.7 GEA Group Aktiengesellschaft
6.3.8 Harvest Automation Inc.
6.3.9 Deere & Company
6.3.10 Yamaha Motor Co. Ltd
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Farming Robots and Mechatronics Industry Segmentation
Farming robots and mechatronics support farmers by performing agricultural operations, such as crop and animal sensing, weeding and drilling, integrating autonomous systems technologies into existing farm operational equipment such as tractors and robotic systems to harvest crops, and conducting complex dexterous operations and allied industry operations. The farming robots and mechatronics market is segmented by type (autonomous tractors, unmanned aerial vehicles (UAVs), milking robots, and other types) and application (crop production, animal husbandry, forest control, and other applications). The report offers market sizing and forecasts in terms of value (USD) for all the above segments.
| Type | |
| Autonomous Tractors | |
| Unmanned Aerial Vehicles (UAVs) | |
| Milking Robots | |
| Other Types |
| Application | |
| Crop Production | |
| Animal Husbandry | |
| Forest Control | |
| Other Applications |
| Geography | |||||||||
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Agricultural Robots and Mechatronics Market Research FAQs
How big is the Agricultural Robots And Mechatronics Market?
The Agricultural Robots And Mechatronics Market size is expected to reach USD 13.70 billion in 2024 and grow at a CAGR of 20.40% to reach USD 34.60 billion by 2029.
What is the current Agricultural Robots And Mechatronics Market size?
In 2024, the Agricultural Robots And Mechatronics Market size is expected to reach USD 13.70 billion.
Who are the key players in Agricultural Robots And Mechatronics Market?
DeLaval Inc., GEA Group Aktiengesellschaft, Yamaha Motor Company, Deere and Company (US) and AGCO Corporation (US) are the major companies operating in the Agricultural Robots And Mechatronics Market.
Which is the fastest growing region in Agricultural Robots And Mechatronics Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Agricultural Robots And Mechatronics Market?
In 2024, the North America accounts for the largest market share in Agricultural Robots And Mechatronics Market.
What years does this Agricultural Robots And Mechatronics Market cover, and what was the market size in 2023?
In 2023, the Agricultural Robots And Mechatronics Market size was estimated at USD 10.91 billion. The report covers the Agricultural Robots And Mechatronics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Agricultural Robots And Mechatronics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Farming Robots and Mechatronics Industry Report
Statistics for the 2024 Farming Robots and Mechatronics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Farming Robots and Mechatronics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
