Global Agricultural Robots Market - 2021-2028
発行: DataM Intelligence
ページ情報: 英文 180 Pages
Robotics and automation are the most focused technologies in present day agriculture sector. The integration of robotic solutions in farming practices is posing lucrative growth avenues globally. The rising demand for agricultural produce coupled with increasing population is forcing the governments and farming communities towards high-productivity farming practices such as precision farming and smart agriculture. Furthermore, the declining arable land and scarcity in agricultural inputs is also motivating the use of sustainable farming practices that adhere to the 'law of minimum' in food production. Robotics evolved as the promising solution for sustainable farming owing to their timely and accurate performance in wide array of crop production activities. Robots are integrated in various forms such as drones, robotic arms, autonomous harvesting machines and driverless tractors. This novel farm equipment helps improve the quality and quantity of produce through their high capacity, precise, fast and automated operations in soil management, harvesting and crop protection activities The global agricultural robots market valued USD XX billion in 2020 and is estimated to reach USD XX billion by 2028, at a CAGR of XX% during the forecast period
The rising interest towards precision agriculture is the primary growth factor for agricultural robots market
The need for improving agricultural productivity to meet the dietary needs of growing population is motivating the growing communities towards precision farming. According to the U.S. National Research Council (NRC), precision farming is a management strategy that uses information technologies to acquire and analyze data on crop production, and supports decision-making by scientifically elucidating how factors are interrelated. The capability of automated equipment to gather real-time information pertaining to crop, weather, soil and pests made robotics as the vital part of precision farming practices. Focus towards improving farming efficiency to attain sustainable development is motivating the farming communities towards automation and robotics. Robotics help improve the quality and quantity of the yield. Also, the utilization of robotics solve the issues such as lack of manual labor and overutilization of agricultural inputs
However, high cost of products is one of the major constraints in global agricultural robots market. Agricultural drones, driverless tractors and harvesters retails at very high cost. Driverless tractor in particular are recorded at significantly higher prices, as much as 60% than that of conventional tractors. For instance, the average selling price of Iseki's driverless tractor TJV655 in Japan is nearly 12million yen, whereas that of a conventional tractor with similar capacity is recorded as 7.1 million yen. The price of Yanmar's robot tractor launched in June 2018 cost around $97,000 to $127,000
Agricultural drones holding a major share in the agricultural robots market in 2020
The potential benefits of agricultural drones in traditional farm practices and advanced monitoring applications are supporting the demand for these devices. Agricultural drones are Unmanned Aerial Vehicles (UAVs) that are designed for use in several farming operations. These flying machines equipped with sensors, digital imaging and mapping technologies help enable optimize the agriculture operations, monitor crop growth and enhance the overall production. Also, large-sized drones with weight carrying capacity are used in planting and spraying applications. Drones evolved as the vital piece of farm automation and robotic technologies owing to its potential benefits in traditional farm practices and advanced monitoring applications. Agricultural drones find scope in conventional agricultural applications such as chemical spraying, harvesting, soil management and weed plucking. The fast and precise performance of drones have driven their use in these activities. Beyond these applications, drones are also used in advanced farm applications such as crop health and growth monitoring, pest identification, yield monitoring and soil moisture monitoring. Wide array of sensors including temperature sensor, multispectral camera and LiDAR sensors are integrated along with the mechanical payload for its flight control. These sensors gather real-time information pertaining to the weather, soil, crop health and pest growth.
Driverless tractors evolved as the most lucrative growth segment of global agricultural robots market owing to the rapid development of robot tractors from several leading tractor manufacturers. These tractors are integrated with GPS and other wireless technologies and work upon the supervision through control system. Also, designs are available that are propelled by manned tractor in lead. Case IH, John Deere, Mahindra & Mahindra, Yanmar and several other tractor giants unveiled their autonomous tractor by 2019. These companies are expected to gain rapid hike in sales over the forecast period
North America is expected to dominate the global agricultural robots market during the forecast period
By geography, North America is the largest market for agricultural robots with a market share of nearly 37% in terms of dollar sales in 2020. The U.S. is the leading user of drones in agriculture and livestock management applications globally. In the U.S., drones are used in several applications including seed planting, chemical spraying, crop monitoring and irrigation management. Milking robots also has significant growth potential in the country. According to Lely, a market leader for milking robots, the penetration of milking robots in the U.S. is nearly 5% of the total dairy farms and the number is likely to grow by 20-30% over the near future. Canada has also emerged as a lucrative growth venue for milking robots and driverless tractors. The country reported the operation of its first driverless tractor made by Dot Technology Corp. in 2019. The growing precision farming practices in Saskatchewan and Alberta will support the sales of robot tractors and drones in Canada
The global agricultural robots market is highly fragmented with wide product differentiation. Large number of suppliers operating and product launches is intensifying the market competition. Agricultural drones segment has been witnessing several new entrants and product designs in the market. Companies such as SZ DJI Technology Co., Ltd., AgEagle Aerial Systems Inc. and PrecisionHawk are some of the leading players in the market. However, robotic categories such as driverless tractors and milking robots are significantly consolidated with very few companies holding significant share in the market. For instance, the milking robot sales in Europe is largely dominated by six companies - DeLaval, Lely, GEA, Boumatic, Fullwood Packo and SAC. These companies represent every unit sold in the region. The industry is constantly witnessing technological innovations and advanced robotic systems. In June 2019, AGCO Corporation (US), under the Fuse brand, launched the AGCO Connect in North America to provide its customers and dealers with access to machine location data and diagnostics. In May 2019, AgJunction (US) announced a partnership with Swift Navigation (US) to develop low-cost, autonomous tractors for agricultural applications to provide affordable solutions to farmers worldwide.
COVID-19 Impact: Positive impact on the agricultural robots market
The COVID-19 pandemic has accelerated the deployment of robotics and automation in the agriculture sector. Manufacturing of components witnessed considerable slowdown during the coronavirus crisis to curb the infection spread. Use of certain farming robots may have gone down due to lower demand and production of agro-products like milk. However, with numerous challenges including supply chain disruption, and shortage of labor, farm owners may have also come to realize that automation could be the key to solving some of the problems in case of any future disruptions. Amid widespread disruption caused by the pandemic, agriculture companies applying robotics and automation to farming could record significant benefits. Most types of agricultural robots have been affected by this crisis, which is expected to be a short-term impact. For instance, during the Q1 2020 conference call, the CFO of Trimble (US) announced that its OEM hardware business, which collectively makes up less than 15% of revenue have been significantly impacted by the shutdown of its customer's production facilities. John Deere (US) announced in its Q2 2020 results those revenues decreased 18% and 13% three and six months respectively in 2020 compared to that in 2019. The company's Agriculture & Turf segment (which caters to the agricultural robot's market) had a decrease in revenues of 18%