Taiwan 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: 25-Oct-2024 | No of Pages: 88 | No. of Tables: 73 | No. of Figures: 31 | Format: PDF | Report Code : AG637
Market Definition
Taiwan Agriculture Robots Market was valued at USD 18.39 million in 2022, and is predicted to reach USD 90.72 million by 2030, with a CAGR of 20.9% from 2023 to 2030. Agricultural robots are automated machines that use sensors, software, and actuators to perform tasks in farming. They can plant, harvest, monitor, and spray crops with precision and efficiency, reducing the need for manual labor and improving the working conditions of farmers.
Agribots are sophisticated robots that use sensors, actuators, and algorithms to sense their surroundings, make decisions, and perform tasks. They use GPS or mapping technology to navigate through fields and perform a variety of agricultural activities, such as planting seeds, harvesting crops, applying pesticides or fertilizers, and monitoring crop health. They use computer vision technology to identify crops and weeds, detect pests and diseases, and take precise actions based on the information they gather.
Addressing Labor Shortages in Taiwan's Agriculture Sector through Agriculture Robots
Taiwan, like many other countries, is experiencing a shortage of agricultural labor. The younger generation is less inclined to pursue careers in farming, leading to a decline in available farm labor. Agriculture robots provide a viable solution by automating labor-intensive tasks, reducing reliance on manual labor, and ensuring continuous farming operations. These robots help alleviate the impact of labor shortages and maintain productivity in the agricultural sector. Thus, it is expected to boost the growth of the market within the country.
Meeting Market Demand and Consumer Preferences with Agriculture Robots in Taiwan
Changing consumer preferences, including a growing interest in locally sourced and environmentally friendly produce, have fuelled the demand for more efficient and sustainable farming practices. Agriculture robots enable farmers to meet this demand by optimizing resource utilization, reducing chemical usage, and improving overall farm efficiency. The market demand for high-quality agricultural products, coupled with consumer preferences for sustainable farming, has propelled the growth of agriculture robots in Taiwan.
Financial Barriers to Widespread Adoption of Agricultural Robots in Taiwan
The high cost of purchasing, integrating, and maintaining these advanced agricultural robotic systems is a major barrier, especially for small-scale farmers or those with limited financial resources. The upfront costs of acquiring the necessary technology and equipment, as well as training personnel to operate and maintain robots, are prohibitive for many farmers. Thus, it is expected to restrain the growth of the market within the country.
Technological Advancements in Agricultural Sector
Taiwan’s agricultural industry is benefiting from the use of artificial intelligence (AI), machine learning, and robots. These technologies have made agricultural robots more sophisticated, intelligent, and capable of performing a wide range of tasks, such as planting cover crops, managing diverse cropping systems, and providing real-time data on soil health indicators. These advancements are expected to create ample opportunities for the agricultural robots market in Taiwan.
Competitive Landscape
The Agriculture Robots industry includes several market players such as GreenRobotics, Yamaha Motor, Kubota, JCB, Deere & Company, New Holland Agriculture, Mitsubishi Heavy Industries, Taiho Technology, Linde Material Handling, and Agrobotix.
KEY BENEFITS
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The Taiwan 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.
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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.
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The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
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The competitive analysis of the market players along with their market share in the Taiwan agriculture robots market.
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The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
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Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
TAIWAN AGRICULTURE ROBOTS MARKET KEY SEGMENTS
By Component
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Driverless Tractors
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Unmanned Aerial Vehicles (UAVs)
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Milking Robots
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Automated Harvest Robots
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Others
By Offering
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Hardware
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Software
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Services
By Farming Type
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Indoor Farming
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Outdoor Farming
By Application
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Dairy Management
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Irrigation Management
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Harvest Management
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Soil Management
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Inventory Management
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Others
By End User
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Field Crops
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Fruits & Vegetables
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Livestock
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Others
KEY PLAYERS
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GEA Group
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CNH Industrial
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Delaval
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Deere & Company
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AGCO Corporation
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Trimble Inc.
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Naio Technologies
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Yanmar Holdings Co. Ltd.
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SZ DJI Technology Co. Ltd.
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Boumatic
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Harvest Automation Inc
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Autonomous Solution Inc
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Clearpath Robotics
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Ageagle Aerial System
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Kubota Corporation
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