Agriculture Robotics Market Size

  • Report ID: 365
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Agriculture Robotics Market Size

Agriculture Robots Market size was valued at USD 16.46 billion in 2024 and is likely to cross USD 230.25 billion by 2037, expanding at more than 22.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of agriculture robots is estimated at USD 19.61 billion.
 

The growth of the agriculture robots market can primarily be attributed to the rapidly growing global food demand. According to a report published by the Food and Agricultural Organization of the United Nations, the production of cereals worldwide has been increased by 7 million tons in 2022.

Agriculture robots are the most technologically advanced machines which are used in agriculture. These robots are fully automated, which reduces the amount of time spent on the job and the amount of manual labor required in the field. In this way, a better crop yield by deploying agriculture robots. Farmers have been using agriculture robots in a wide array of farming, i.e., harvesting, weed control, seeding, and soil analysis. By using robotics, more advanced agricultural techniques are enabling increased production of grains, fruits, and numerous other crops and helping out to cater to the rapidly growing food demand. It was observed that the global hunger rate reached between 700 and 800 million people in 2020.


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Author Credits:  Abhishek Verma


  • Report ID: 365
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of agriculture robots is estimated at USD 19.61 billion.

Agriculture Robots Market size was over USD 13.44 billion in 2023 and is anticipated to reach USD 188 billion by 2036, witnessing around 22.5% CAGR during the forecast period i.e., between 2024-2036. Increasing labor shortage, rising trend of vertical farming, and escalating trend of smart farming will propel the market growth.

North America industry is set to hold largest revenue share by 2037, backed by the rapid deployment of automation in agriculture sector, increasing population, and increasing labor costs in the region.

The major players in the market are Trimble Inc., Deere & Company, CNH Industrial N.V., AgJunction Inc., AGCO Corporation, Lely International N.V., Yanmar Holdings Co., Ltd, AgEagle Aerial Systems Inc., and others.
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