05-Aug-2023
The increasing crop yields and enhancing agricultural productivity, along with labor shortage in Africa are driving up demand for the agriculture robots market during the forecast period.
Africa Agriculture Robots Market is valued at USD 67.43 million in 2022 and is expected to reach USD 336.83 million by 2030, with a CAGR of 21% from 2023 to 2030, according to new research by Next Move Strategy Consulting.
The factors such as drought, soil degradation, and limited access to agricultural resources hinder agricultural production and efficiency in many parts of Africa. Therefore, agricultural robots and mechatronics are increasingly being employed in the region to increase crop yields and improve the quality of agricultural products. Thus, creating a significant growth of the market.
Africa like many other regions, faces a labor shortage in the agriculture sector. Rural-to-urban migration and a lack of interest among younger generations in pursuing farming as a career contribute to this shortage. Therefore, agriculture robots offer a solution by automating labor-intensive tasks, reducing the dependency on manual labor and mitigating labor scarcity challenges. Additionally, the potential cost savings from replacing manual labor with robots also makes them an attractive option for farmers in Africa. Thus, it is expected to boost the growth of the market.
However, one of the primary barriers to the broad deployment of agricultural robots in Africa is the region's lack of technical skills. Agriculture robots require specialized knowledge and abilities in robotics, automation, and associated technologies to operate and maintain. However, skilled professionals with experience in these sectors are in limited supply. Thus, it is expected to restrain the growth of the agriculture robots market.
With the introduction of artificial intelligence (AI), machine learning, and robotics, the African agriculture industry is undergoing a revolution. These technologies are transforming agricultural robot capabilities, allowing them to do a wide range of tasks such as planting cover crops, managing diverse cropping systems, and providing real-time data on soil health indicators. As a result, the African agricultural robotics sector is expected to create ample opportunities for the market in coming years
According to the report, leading players in the agriculture robots market include Dragonfly Aerospace, SKT Aeroshutter, SkyX, Small Robot Company, Blue River Technology, ecoRobotix, Rowbot, Harvest CROO Robotics, Abundant Robotics, and Rabbit Tractors.
The information related to key drivers, restraints, and opportunities and their impact on the Africa agriculture robots market is provided in the report.
The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.
The market share of players in the Africa agriculture robots market is provided in the report along with their competitive analysis.
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