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New IDTechEx Report Outlines the Future of the Agricultural Robotics Industry
In particular, this report provides:
Although the technologies can vary significantly depending on the tasks, IDTechEx summarizes them into three mainstream categories that are autonomous mobility, direct interaction, and indirect interaction. The report explains how IDTechEx categorizes agricultural robots into these three categories, as well as within each category, the barriers and timeline of development, and what drives the core demand of farmers.
A good example is weeding robots and harvesting robots. One of the fundamental factors causing differences in the popularity of these two robots is the demand. In agriculture, harvesting is typically only needed for a few months, therefore, farmers are less willing to invest too much to get a machine that can only be used for a short period. By contrast, weeding machines are much more popular because weeding is constantly needed throughout the year. For this reason, weeding robot is much more commercialized available than harvesting robots.
The global market for agricultural robots is forecast to reach $7.88 billion by 2032, with a CAGR of 13.09% compared with 2022. By 2032, Europe remains the largest market, followed by North America , APAC, South America , and MEA. North America and APAC are expected to have the quickest growth in the upcoming decade whereas Europe has the slowest growth.
To find out more about IDTechEx's technical and commercial analysis of the agricultural robotics industry, please visit www.IDTechEx.com/agri. This report falls within the Food & AgTech research portfolio.
Yulin Wang , Technology Analyst at IDTechEx, will be presenting a free-to-attend webinar on the topic on - Solutions to Modern Agriculture Issues - Agricultural Robotics Market Gaining Momentum.
This webinar will include:
Click here to find out more and register your place on one of our three sessions.
IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, contact research@IDTechEx.com or visit www.IDTechEx.com.
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