- This market research report includes segmentation of the global agricultural robots market by application types such as livestock management, cattle feeding, and cleaning. It explains the key trends to watch out for and the market shares of EMEA, APAC, and the Americas. A detailed market share analysis of the leading vendors such as DeLaval, Lely, and Yamaha is also included.
Technavio analysts estimate the global agricultural robot market to grow at a CAGR of around 11% between 2015 and 2019. Increase in the labour costs worldwide has shifted focus towards automation of farming activities in the recent years, generating demand for agricultural robots.
EMEA dominates the market accounting for around 37% of the market share, closely followed by APAC and the Americas. Although the European nations are the major revenue contributors of thismarket currently, APAC countries such as China and Japan are acquiring farm lands in Australia and New Zealand, thereby promoting agricultural activities and increasing the region’s foothold in the market..
In terms of applications, the livestock management segment dominates the agricultural robots market with a market share of around 77% in 2014, and Technavio’s market research analyst estimates it to reach US $4,000 million by 2019, with major contributions from milking robots, weed-spraying robots, and fruit-picking robots. Livestock management has found major application in various agricultural activities like sowing, weeding, spraying, harvesting, horticulture, and milking, which are increasingly being robotized to upturn productivity.
Livestock management Robotic segmentation
Source: Technavio Research
“Non-availability of skilled labour is triggering increased use of robots in agriculture. To reduce dependence on labour, agricultural users and farmers are looking for automation means like robots, drones, robotic tractors to enhance productivity. Moreover, precision farming concept has gained weightage where small, lightweight autonomous robots are deployed in the field to perform various agricultural practices. Of late, the market is likely to observe the blending of robots with drones, GPS systems to assist in farming,” says Navin Rajendra, Lead Analyst, Engineering and Automation, Technavio Research.
Major vendors in the market include DeLaval, Lely and Yamaha, who are expanding their geographical presence towards the APAC region due the immense potential in the agricultural sector. Vendors are concentrating more towards commercially viable and customized robots to meet customer’s requirements.
A more detailed analysis is available in the Technavio report Global Agricultural Robot Market 2015-2019.
https://www.technavio.com/%3Cp%3E%3Cstrong%3EWe%20can%20customize%20repor…
