North America Agriculture Robots Market by Type (Driverless Tractors, Unmanned Aerial Vehicles (UAVs), Milking Robots, Automated Harvest Robots, and Others), Offering (Hardware, Software, and Services), Farming Type (Indoor Farming and Outdoor Farming), Application (Dairy Management, Irrigation Management, Harvest Management, Soil Management, Inventory Management, and Others), and End User (Field Crops, Fruits & Vegetables, Livestock, and Others) – Opportunity Analysis and Industry Forecast 2023–2030
Industry: Agriculture | Publish Date: 11-Jul-2023 | No of Pages: 121 | No. of Tables: 102 | No. of Figures: 60 | Format: PDF | Report Code : N/A
Speak to Our Analyst
Market Definition
North America Agriculture Robots Market was valued at USD 2.32 billion in 2022, and is predicted to reach USD 7.40 billion by 2030, with a CAGR of 14.5% from 2023 to 2030.
Agricultural robots, also known as agribots or agri-robots, are machines designed to automate or semi-automate various tasks in the field of agriculture. The functionalities of these robots include planting, harvesting, monitoring, and spraying crops. These robots are developed to improve efficiency, productivity, and accuracy in agriculture while reducing the dependence on manual labor and enhancing working conditions for farmers. They utilize advanced technologies like computer vision, artificial intelligence (AI), and others.
Agribots are equipped with sensors, actuators, and intelligent algorithms that enable them to perceive their environment, make decisions, and carry out specific actions. These robots can navigate through fields using GPS or mapping technologies to perform tasks such as planting seeds, harvesting crops, applying pesticides or fertilizers, and monitoring crop health. They use computer vision to identify and differentiate between crops and weeds, detect pests or diseases, and make precise actions accordingly.
Growing Practice of Precision Farming
Precision agriculture is playing a significant role in transforming the agricultural landscape in North America, driven by advancements in technology, increasing environmental concerns, and the need for sustainable agricultural practices. Precision farming, also known as precision agriculture, involves the use of data, sensors, and automation to optimize farming operations and maximize crop production while minimizing inputs and environmental impacts. According to the U.S Department of Agriculture in February 2023, Precision agriculture technologies have been steadily adopted in the United States, with estimates suggesting that around 80% of large-scale farms and over 50% of mid-sized farms have implemented some form of precision agriculture practices.
Increasing Penetration of UAV Usage in Agriculture
Unmanned aerial vehicles (UAVs) or drones are increasingly being utilized in agriculture due to their affordability and user-friendly nature. They enable the creation of time-series animations that accurately depict the crop's development over time.
The latest generation of agricultural drones is equipped with advanced technology, enabling functions such as pest control, monitoring of soil and crop conditions, mapping, and estimation of acreage and crop types. Drones are particularly beneficial in surveying areas where human access is limited.
This technology assists farmers in efficiently planning input usage, such as crop protection chemicals, by utilizing reliable detection methods and reducing monitoring costs. Effective farm assessment through drone usage contributes to the overall profitability of farmers. Thus, making unmanned aerial vehicles a driving force in the agricultural industry in North America.
Lack of Technical Expertise and High Initial Costs
The high initial expenses associated with acquiring agriculture robots, as well as the required equipment and infrastructure, pose a significant obstacle to the widespread adoption of these technologies in North America. This cost barrier can particularly impact smaller-scale farmers, limiting their ability to afford and access such robotic solutions. Furthermore, effectively utilizing agriculture robots necessitates specialized technical expertise, which may present challenges for farmers in terms of acquiring and maintaining the necessary knowledge and skills to operate and troubleshoot these advanced robotic systems. Consequently, the combination of limited technical expertise and high initial costs can impede the widespread adoption of agriculture robots in the region.
Growing Technological Advancements in the Region
The ongoing advancements in robotics such as artificial intelligence (AI), and sensor technologies offer significant opportunities for the development of advanced agriculture robots in North America. These technological advancements enable the creation of more sophisticated and capable robots that can revolutionize farming practices. This advancement is anticipated to drive substantial growth opportunities for the agriculture robots market.
Competitive Landscape
The agriculture robots industry includes several market players such as Verdant Robotics, Agrobotix LLC, DroneDeploy, Harvest Automation Inc., DeLaval Inc., Blue River Technology, John Deere, Lely Industries NV, EcoRobotix Ltd, and GEA Group. These market players are adopting various strategies such as innovation and collaboration to maintain their dominance in the market of North America.
For instance, in September 2022, GEA launched GEA Dairy Feed F4500, an autonomously driving feeding robot. This new feeding robot is designed to help dairy farms reduce their carbon footprint and operating costs while boosting flexibility on the farm.
Also, in January 2022, John Deere launched an autonomous tractor, which integrates Deere's 8R tractor, TruSet-enabled chisel plow, GPS guidance system, and innovative technologies. Farmers can expect to access the autonomous tractor later this year, marking a significant step forward in agricultural automation.
KEY BENEFITS
-
The North America agriculture robots market report provides a quantitative analysis of the current market and estimations through 2023-2030 that assists in identifying the prevailing market opportunities to capitalize on.
-
The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.
-
The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
-
The competitive analysis of the market players along with their market share in the North America agriculture robots market.
-
The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
-
Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
NORTH AMERICA AGRICULTURE ROBOTS MARKET KEY SEGMENTS
By Component
-
Driverless Tractors
-
Unmanned Aerial Vehicles (UAVs)
-
Milking Robots
-
Automated Harvest Robots
-
Others
By Offering
-
Hardware
-
Software
-
Services
By Farming Type
-
Indoor Farming
-
Outdoor Farming
By Application
-
Dairy Management
-
Irrigation Management
-
Harvest Management
-
Soil Management
-
Inventory Management
-
Others
By End User
-
Field Crops
-
Fruits & Vegetables
-
Livestock
-
Others
KEY PLAYERS
-
GEA Group
-
CNH Industrial
-
Delaval
-
Deere & Company
-
AGCO Corporation
-
Trimble Inc.
-
Naio Technologies
-
Yanmar Holdings Co. Ltd.
-
SZ DJI Technology Co. Ltd.
-
Boumatic
-
Harvest Automation Inc
-
Autonomous Solution Inc
-
Clearpath Robotics
-
Ageagle Aerial System
-
Kubota Corporation
At Next Move Strategy Consulting, we understand that insightful market research is the cornerstone of successful business decisions. That's why we employ a robust and multifaceted approach, combining various methodologies to deliver the most accurate and actionable data for our clients.
Research Landscape
We navigate the world of research with two primary approaches:
Qualitative Approach
Our qualitative research methodologies involve immersive techniques such as in-depth interviews, focus groups, and observational studies. By engaging directly with individuals and stakeholders, we uncover valuable insights that quantitative data alone may overlook.
Quantitative Research
In tandem with qualitative methodologies, NMSC leverages the power of Quantitative Research to provide a robust foundation of numerical insights. Through systematic data collection and analysis, we quantify patterns, preferences, and market trends, offering a comprehensive view of the business landscape.
Our quantitative research approach employs diverse tools, including surveys, experiments, and statistical modelling. These methodologies enable us to gather data from a large and representative sample, ensuring the statistical significance of our findings. By employing structured questionnaires and standardized data collection methods, we guarantee the reliability and validity of the information we present to our clients.
Quantitative research is particularly effective in measuring the prevalence of trends, assessing market size, and gauging the impact of various factors on consumer behavior. The numerical precision attained through this approach equips our clients with actionable insights, facilitating data-driven decision-making and strategy formulation.
Our Specialized Toolbox for Industry-Specific Market Research
We deploy a specialized arsenal of techniques tailored to meet your unique requirements. Here's a glimpse into our comprehensive toolbox:
Information Procurement
The stage entails acquiring market data or relevant information through various sources and methodologies.
Market Research Approach
We utilize both top-down and bottom-up approaches in market research analysis to achieve a comprehensive understanding of the market dynamics, leveraging the broad perspective of industry trends and macroeconomic factors alongside detailed insights from specific segments and individual companies.
Porters Five Forces Analysis
We conduct Porter's Five Forces analysis to evaluate the competitive landscape of an industry, providing us with insights into factors that affect profitability and strategic positioning.
SWOT Analysis
We conduct SWOT analysis to understand market trends, identify potential threats, capitalize on opportunities, and assess our strengths and weaknesses.
Forecasting
We utilize a forecasting model to predict future consumption by considering parameters like population, economics, regulations, market competition, drivers, constraints, technology, and pricing. We also employ statistical techniques such as multilinear regression, exponential smoothing, moving average, ARIMA, and Monte Carlo simulations for accurate predictions. In econometric forecasting, we analyzed short-term and long-term event impacts, attributing values based on regulatory frameworks, economic factors, and market events.
Frequently Asked Questions
Download Free Sample
Related Report
Related Blogs
Smart Farming with Agriculture Robots: The Future Is Now
Introduction Agriculture robots, also known as agribots or agri-robots are ma...
Things You Should Know About Smart Agriculture
Agriculture is the back bone of any and every economy. Strengthening the agricul...
