Agriculture Drones and Robots Market - A Global and Regional Analysis: Focus on Product and Application, Supply Chain, and Country-Wise Analysis - Analysis and Forecast, 2020-2026

Aug 2021| BIS179B| BIS Research

Report Highlights

Global Agriculture Drones and Robots Market is Expected to Reach $30.08 Billion by 2026

Market Report Coverage - Agriculture Drones and Robots

Market Segmentation

  • Applications: Crop Monitoring, Dairy Farm Management, Inventory Management, Harvesting and Picking, and Others
  • Products: Drone Type (Rotary-Wing Drones, Fixed-Wing Drones, and Others) and Robot Type (Crop Harvesting Robots, Weeding Robots, Milking Robots, and Others)

Regional Segmentation

  • North America: U.S., Canada, and Mexico
  • South America: Brazil
  • Europe: Germany, France, Italy, and Netherlands
  • China
  • U.K.
  • Middle East and Africa: Saudi Arabia, U.A.E., and South Africa
  • Asia-Pacific and Japan: Japan, India, and South Korea

Market Growth Drivers

  • Increasing Adoption of Automation in Agriculture
  • Escalating Adoption of Precision Agriculture Technologies
  • Increasing Demand for Food and Agriculture Supply

Market Challenges

  • High Initial Investment and Cost
  • Lack of Technological Awareness in Farmers

Market Opportunities

  • Rising Indoor Farming Activities
  • Rising Technological Advancements in the Asia Agriculture Industry

Key Companies Profiled

AeroVironment, Inc., AGCO Corporation, AgEagle Aerial Systems Inc., BouMatic, DJI, Delair, Dairymaster, DeLaval, Deere & Company, GEA Farm Technologies, PrecisionHawk, Harvest Automation, Lely, Microdrones, Trimble

How This Report Can Add Value

Market by Product: Analysis and Forecast: The Product section gives a brief overview of the portfolio of several types of agriculture drones and robots as well as the demand for these products in the global agriculture industry. The segment also gives details regarding new innovations and strategies adopted by key market players. For instance, in February 2020, BouMatic introduced its new GEMINI milking robot, which provides farmers an overview of the herd and cows' behavior and performance data.

Market by Application: Analysis and Forecast: The application section gives a brief overview of the market status of different applications of the product and key players offering products in those applications. Crop monitoring has the largest market share in the segment attributed to the growing adoption of robots in large farmlands. Crop monitoring is important in agriculture fields as it enables farmers to timely implement measures to improve crop yield.

Market by Region: Analysis and Forecast: The Asia-Pacific region is projected to witness the highest growth rate among other regions during the forecast period 2021-2026. The growing technological advancements in Asian countries in the agriculture sector is expected to remain the primary factor uplifting the demand for agriculture drones and robots in the region. Asian counties have been facing multiple challenges in the agriculture sector, such as population growth, aging farmers, and rural to urban migration. Such challenges have led countries to adopt advanced technologies influencing the demand for agriculture drones and robots.

Key Questions Answered in the Report

  • What are the current trends in the global agriculture drones and robots market?
  • How is the global agriculture industry impacted by the introduction of agriculture drones and robots?
  • What is the growth prospect of agriculture drones and robots in Asian countries?
  • How is the agriculture automation trend expected to drive the future of the global agriculture industry?
  • Which robot type is expected to lead the agriculture drones and robots market by 2026?
  • What was the market value of the leading segments of the market in 2020, and how is the market for each segment estimated to grow during the forecast period 2021-2026?
  • How is the industry expected to evolve during the forecast period 2021-2026?
  • What are the key developmental strategies implemented by the key players to sustain in this competitive market?
  • What are the key growth regions in the agriculture drones and robots market?

Global Agriculture Drones and Robots Market

Evolution in agriculture technology began over 10,000 years ago when farmers started using simple hand tools that gradually evolved into mechanical equipment used today. For instance, tractors have replaced horse ox and, to some extent, human labor as well for off-field operations. However, the implementation of tractors is not flexible due to certain limitations, and hence adoption of other automated equipment is increasingly being adopted in the agriculture industry. However, the agriculture industry is currently transitioning from low technical mechanization to high-tech mechanization. High tech mechanization aims to use sensors and other automated fusions as it uses software-based AI. The technology makes use of technologies such as drones and robots to bring efficiency to farming operations.

Global Agriculture Drones and Robots Industry Overview

The global agriculture drones and robots market is expected to reach $30.08 billion by 2026, with a CAGR of 22.3% during the forecast period 2021-2026. The primary drivers for the market growth include increasing automation in the agriculture industry and the shortage of manual labor in the sector.

Several countries are taking initiatives to bring automation and sustainability in the agriculture sector to enhance profitability and bring efficiency in farming applications. For instance, the U.S. Department of Agriculture’s National Institute of Food and Agriculture (NIFA) invested $21.7 million in April 2021 in several key programs to help agricultural producers manage the impacts of climate change on their lands and production. The funding aims to bring innovation in agriculture technologies, triggering the demand for agriculture drones and robots in the country.

Market Segmentation

Global Agriculture Drones and Robots Market by Robot Type

Milking robots are automated milking systems that are used in dairy farms to provide more efficiency to the farmers. These robots are used in multiple operations such as feeding, milking, and sweeping bunks of cows. These robots have a high demand in countries like the Netherlands, where farmers seek to increase the profitability of farms with a smaller number of laborers.

Global Agriculture Drones and Robots Market by Robot Application

Dairy farm automation is highly increasing across the globe due to rising concerns for animal welfare among farmers. By using agriculture robots in dairy farms, farmers can easily track the feeding patterns of cattle and their behavior which can further help in giving them proper treatments in case of sickness.

Global Agriculture Drones and Robots Market by Region

Europe is the largest market for agriculture drones and robots due to high technological advancement in the region and the lack of manual labor in the region. Furthermore, several government initiatives exist to promote the adoption of agricultural robots in the region, such as the Robs4Crops project introduced in June 2021 by the European Union (EU).

Key Market Players and Competition Synopsis

AeroVironment, Inc., AGCO Corporation, AgEagle Aerial Systems Inc., BouMatic, DJI, Delair, Dairymaster, DeLaval, Deere & Company, GEA Farm Technologies, PrecisionHawk, Harvest Automation, Lely, Microdrones, Trimble

The companies profiled in the report have been selected based on the selective pool of players, primarily Tier-1 (holding 50-60% of the market) and mid-segment players (holding 30-40% share), and small and emerging companies (holding 10-20% share), based on various factors such as product portfolio, annual revenues, market penetration, research, and development initiatives, along with a domestic and international presence in the agriculture drones and robots market.

BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
CUSTOM RESEARCH

Need a custom data table, graph or complete report? Tell us more.

Contact Us
RELATED REPORTS
Share This Report