sales@intentmarketresearch.com

  +1 463-583-2713

Agricultural Robots and Mechatronics Market By Component (Hardware, Software, Services), By Product Type (Autonomous Tractors, Robotic Harvesters, Automated Drones, Robotic Milking Systems, Planting and Seeding Robots, Weed Control Robots), By Application (Crop Management, Livestock Management, Soil Management, Precision Agriculture, Irrigation Management, Greenhouse Automation), and By Region; Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: AG4516  
|   Agriculture and Agri Inputs

As per Intent Market Research, the Agricultural Robots and Mechatronics Market was valued at USD 3.3 billion in 2023 and will surpass USD 10.6 billion by 2030; growing at a CAGR of 18.0% during 2024 - 2030.

The Agricultural Robots and Mechatronics Market has emerged as a cornerstone of modern farming, driven by the need for enhanced productivity, precision agriculture, and sustainable farming practices. With advancements in robotics, AI, and IoT technologies, the market is rapidly transforming how crops are cultivated and livestock is managed. Key innovations include autonomous vehicles, drone applications, and robotic systems for various farming processes, catering to a global demand for efficient and environmentally friendly agricultural solutions.

Hardware Segment Is Largest Owing to Growing Need for Advanced Components

Hardware dominates the market, encompassing sensors, cameras, navigation systems, and actuators essential for agricultural robots' operations. These components form the backbone of robotic systems, enabling automation and high precision in farming activities.

The growing adoption of advanced hardware like LiDAR for autonomous tractors and high-definition cameras for drones has fueled this segment's growth. Hardware reliability and durability are critical for supporting tasks such as plowing, spraying, and harvesting in varying agricultural environments, making it the most significant contributor to the market.

Agricultural Robots and Mechatronics Market Size

Autonomous Tractors Lead Product Type Segment Due to Versatile Applications

Autonomous tractors are the largest subsegment in the product type category, driven by their multifunctionality and ability to significantly reduce labor dependency. These tractors leverage GPS, sensors, and AI to perform tasks such as plowing, seeding, and soil monitoring autonomously.

The widespread adoption of autonomous tractors, particularly in North America and Europe, is bolstered by their efficiency in large-scale farming operations. With features like automated steering and data analytics, these tractors help reduce operational costs and increase yield, making them indispensable in modern agriculture.

Precision Agriculture Application Segment Grows Fastest Amid Rising Technological Integration

Precision agriculture is the fastest-growing segment by application, fueled by its potential to optimize resources and enhance crop productivity. This segment relies heavily on sensors, drones, and AI-driven tools to collect real-time data and execute targeted actions like irrigation, fertilization, and pest control.

The surge in demand for data-driven farming practices has driven the adoption of precision agriculture technologies. By enabling farmers to make informed decisions, these solutions reduce wastage and maximize yields, addressing critical challenges like resource scarcity and climate change.

Software Segment Gains Momentum Due to AI and Data Analytics Integration

The software segment is expanding rapidly as AI, machine learning, and data analytics become integral to agricultural automation. From managing drone flights to analyzing soil health, software solutions enhance the efficiency and accuracy of farming operations.

Cloud-based platforms are particularly gaining traction, enabling real-time monitoring and remote control of robotic systems. The software segment's ability to deliver actionable insights from vast datasets is driving its rapid growth, making it indispensable for modern agricultural practices.

North America Leads Due to Early Adoption and Technological Advancements

North America holds the largest market share in the agricultural robots and mechatronics industry, attributed to early adoption of robotic technologies, favorable government policies, and a robust agricultural infrastructure. Key markets like the U.S. and Canada are spearheading advancements in precision farming and autonomous systems.

The region’s strong research and development ecosystem, combined with significant investment in AgTech startups, reinforces its leadership. North America’s ability to integrate cutting-edge technologies into traditional farming practices ensures its continued dominance in the global market.

Agricultural Robots and Mechatronics Market Size by Region 2030

Competitive Landscape: Innovations Drive Market Dynamics

The competitive landscape is characterized by the presence of leading players such as John Deere, CNH Industrial, and Kubota Corporation, alongside emerging innovators like Naïo Technologies and EcoRobotix. These companies focus on product innovation, strategic partnerships, and technological advancements to stay ahead in the market.

Recent trends include the development of multifunctional robotic systems and AI-powered solutions tailored for specific agricultural needs. The growing competition among established players and startups fosters a dynamic market environment, accelerating the pace of technological innovation in agricultural robotics and mechatronics.

Recent Developments:

  • John Deere introduced its latest fully autonomous tractor featuring advanced navigation and AI-based precision farming tools.
  • DJI has collaborated with Bayer to develop drone-based solutions for targeted crop spraying, aiming to reduce chemical usage.
  • CNH Industrial completed the acquisition of Augmenta, a leader in vision-based AI for agriculture, enhancing its precision farming portfolio.
  • Kubota launched a robotic rice planter designed for high-efficiency operations in Asia-Pacific markets.
  • Naïo Technologies raised significant capital to scale up its production of autonomous weeding robots for vegetable and vineyard farms.

List of Leading Companies:

  • AGCO Corporation
  • AgEagle Aerial Systems
  • Blue River Technology
  • BouMatic Robotics
  • CNH Industrial
  • DJI
  • EcoRobotix
  • Harvest Automation
  • John Deere (Deere & Company)
  • Kubota Corporation
  • Lely Industries N.V.
  • Naïo Technologies
  • Small Robot Company
  • Trimble Inc.
  • Yamaha Motor Co., Ltd.

Report Scope:

Report Features

Description

Market Size (2023)

USD 3.3 Billion

Forecasted Value (2030)

USD 10.6 Billion

CAGR (2024 – 2030)

18.0%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Agricultural Robots and Mechatronics Market By Component (Hardware, Software, Services), By Product Type (Autonomous Tractors, Robotic Harvesters, Automated Drones, Robotic Milking Systems, Planting and Seeding Robots, Weed Control Robots), By Application (Crop Management, Livestock Management, Soil Management, Precision Agriculture, Irrigation Management, Greenhouse Automation)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

AGCO Corporation,AgEagle Aerial Systems,Blue River Technology,BouMatic Robotics,CNH Industrial,DJI,EcoRobotix,Harvest Automation,John Deere (Deere & Company),Kubota Corporation,Lely Industries N.V.,Naïo Technologies,Small Robot Company,Trimble Inc.,Yamaha Motor Co., Ltd.

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Agricultural Robots and Mechatronics Market, by Component (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Hardware

   4.2. Software

   4.3. Services

5. Agricultural Robots and Mechatronics Market, by Product Type (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Autonomous Tractors

   5.2. Robotic Harvesters

   5.3. Automated Drones

   5.4. Robotic Milking Systems

   5.5. Planting and Seeding Robots

   5.6. Weed Control Robots

   5.7. Others

6. Agricultural Robots and Mechatronics Market, by Application (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Crop Management

   6.2. Livestock Management

   6.3. Soil Management

   6.4. Precision Agriculture

   6.5. Irrigation Management

   6.6. Greenhouse Automation

   6.7. Others

7. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Regional Overview

   7.2. North America

      7.2.1. Regional Trends & Growth Drivers

      7.2.2. Barriers & Challenges

      7.2.3. Opportunities

      7.2.4. Factor Impact Analysis

      7.2.5. Technology Trends

      7.2.6. North America Agricultural Robots and Mechatronics Market, by Component

      7.2.7. North America Agricultural Robots and Mechatronics Market, by Product Type

      7.2.8. North America Agricultural Robots and Mechatronics Market, by Application

      7.2.9. By Country

         7.2.9.1. US

               7.2.9.1.1. US Agricultural Robots and Mechatronics Market, by Component

               7.2.9.1.2. US Agricultural Robots and Mechatronics Market, by Product Type

               7.2.9.1.3. US Agricultural Robots and Mechatronics Market, by Application

         7.2.9.2. Canada

         7.2.9.3. Mexico

    *Similar segmentation will be provided for each region and country

   7.3. Europe

   7.4. Asia-Pacific

   7.5. Latin America

   7.6. Middle East & Africa

8. Competitive Landscape

   8.1. Overview of the Key Players

   8.2. Competitive Ecosystem

      8.2.1. Level of Fragmentation

      8.2.2. Market Consolidation

      8.2.3. Product Innovation

   8.3. Company Share Analysis

   8.4. Company Benchmarking Matrix

      8.4.1. Strategic Overview

      8.4.2. Product Innovations

   8.5. Start-up Ecosystem

   8.6. Strategic Competitive Insights/ Customer Imperatives

   8.7. ESG Matrix/ Sustainability Matrix

   8.8. Manufacturing Network

      8.8.1. Locations

      8.8.2. Supply Chain and Logistics

      8.8.3. Product Flexibility/Customization

      8.8.4. Digital Transformation and Connectivity

      8.8.5. Environmental and Regulatory Compliance

   8.9. Technology Readiness Level Matrix

   8.10. Technology Maturity Curve

   8.11. Buying Criteria

9. Company Profiles

   9.1. AGCO Corporation

      9.1.1. Company Overview

      9.1.2. Company Financials

      9.1.3. Product/Service Portfolio

      9.1.4. Recent Developments

      9.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   9.2. AgEagle Aerial Systems

   9.3. Blue River Technology

   9.4. BouMatic Robotics

   9.5. CNH Industrial

   9.6. DJI

   9.7. EcoRobotix

   9.8. Harvest Automation

   9.9. John Deere (Deere & Company)

   9.10. Kubota Corporation

   9.11. Lely Industries N.V.

   9.12. Naïo Technologies

   9.13. Small Robot Company

   9.14. Trimble Inc.

   9.15. Yamaha Motor Co., Ltd.

10. Appendix

Let us connect with you TOC

I have read the Terms & Conditions and Privacy Policy I agree to its terms

A comprehensive market research approach was employed to gather and analyze data on the Agricultural Robots and Mechatronics Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Agricultural Robots and Mechatronics Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach - Agricultural Robots and Mechatronics Market

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the Agricultural Robots and Mechatronics ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Agricultural Robots and Mechatronics Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down - Agricultural Robots and Mechatronics Market

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

Let us connect with you


I have read the Terms & Conditions and Privacy Policy I agree to its terms
Available Formats
REPORT BUYING OPTIONS


Buy Now