Agriculture Robots Market: Emergence of advanced technologies and global industry analysis

The growing population and with it the rising demand for food is creating a need for high yield of crops. This has led to farmers seeking agriculture robots so as to enhance agricultural yield. Agriculture robots are also increasingly in demand as a growing number of people are shifting to urban areas and towards other career options. This in turn has led to a decreased workforce for agricultural sector and has impacted the agricultural industry to a great extent. Thus, with the adoption of agriculture robots, the problem of lack of human labor is conveniently managed. Additionally, these robots offer benefits such as reduced use of pesticides and chemicals as well as ability to perform in diverse range of environmental conditions.

 

Some of the other factors fueling the growth of the Global Agriculture Robots Market are improved efficiency and cost saving as a result of reduced usage of chemicals. The farming processes such as weeding pick and place, and spraying are some of the extensively adopted modes of corporate farming. All these factors will help propel the growth of this market in the forecast period.

 

While North America led in the market in 2015, it is expected that Asia Pacific will witness a rapid growth in the agriculture robots market on account of big contribution by Japan and China. Agriculture robots are increasingly being used for management of dairy and also for horticulture. This is acting as a key driver for the growth of the agriculture robots market in Asia Pacific. Players in the region are taking continuous efforts to develop and ensure product innovation which is furthering the growth of the market. The automated harvesting machine is high in demand, which is also boosting the market in the region. Driverless tractors are also leading in terms of demand in the Asia Pacific region.

 

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The global agriculture robots market is restrained by the high investments needed for installing the robots. The maintenance of agriculture robots is also an expensive affair, deterring the adoption of these robots by farmers. The high cost of agriculture robots is especially a major issue for farmers in cost sensitive nations of emerging economies. The cost of agriculture robots is increasing with advancements in technology, making it difficult for farmers to purchase them. The use of obstacle sensors, high definition cameras, and incoming wave may enhance the features and abilities of the agriculture robots, but are also increasing the cost of these robots to a large extent. A lack of technical knowhow as to how to operate robots is deterring many farmers from investing in these devices.

 

It is not feasible for manufacturers to construct robots that perform multiple functions and run farm. The designing of various robotic programs and functions for crop management, livestock rearing, and irrigation can be complicated and difficult to accomplish in a single device. Thus multiple robots are required for achieving different functionalities, which obviously requires extensive capital investment. However, the adoption of telematics sensors will help in reducing the complications caused by tractor failure and several other functions. In addition to this, the use of crop sensors will help in enhancing the precision of pesticide usage. This in turn is expected to improve crop health and reduce the amount of chemicals used, benefitting both farmers and consumers.

 

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Based on components, the global bearing market is divided into balls, rollers, cages, rings and others. The application segment of the bearings decides the number and size of these components. In 2013, balls as components held the highest share in the bearing market. Rollers which includes rolling elements such as tapered rollers, cylindrical rollers and needle rollers were the second largest components used in 2013.

 

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This report also includes company profiles of major as well as emerging players in the field of agriculture robots market that incorporates different strategies adopted by the companies to expand their distribution channel or developing their own machineries with more enhanced technologies. Most of the companies are undergoing research and developments which is anticipated to fuel the market of agriculture robots over the forecast period from 2016 to 2024.

The major players in the market are AGCO Corporation, Harvest Automation, Inc., BouMatic Robotics BV, AgEagle Aerial Systems, Inc., Vision Robotics Corporation, Naio Technology, PrecisionHawk, Inc., SenseFly SA, Agribotix LLC, and Blue River Technology, Inc.

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