Global Agriculture Autonomous Robots Market to Grow by 19.16% between 2022 and 2027 - BIS Research Study

According to this study, the global agriculture autonomous robots market size (in revenue) was $3.92 billion in 2021 and is projected to reach $10.50 billion by 2027.

The following factors are responsible for the increase in demand for agriculture autonomous robots:

The detailed study is a compilation of 85 market data tables and 28 figures spread through 184 pages. 

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Existing Competitive Landscape

The companies that are profiled have been selected based on primary research inputs gathered from a network of industry experts and analyzing company coverage, product portfolio, and market penetration.

The top segment players leading the market include crop monitoring and dairy farm management, which capture around 65% of the presence in the market. Players in other technologies, such as inventory management and harvesting and picking, account for approximately 35% of the presence in the market as of 2021.

Some prominent names established in this market are:

Analyst's Take on the Market Projection

According to Rakhi Tanwar, Principal Analyst, BIS Research,"The demand for agriculture autonomous robots is highly impacted by the adoption of sustainable farming practices coupled with the lack of manual labor in developed countries. Through a better adoption of smart farming practices and digitally operated web-based equipment, the market for agriculture autonomous robots is expected to increase significantly over the forecast period."

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Recent Developments in the Global Agriculture Autonomous Robots Market

Milking Robots to Be the Leading Product Application between 2022 and 2027

The global agriculture autonomous robots market is broadly categorized into four product types. These products are as follows:

As per the market study conducted by BIS Research, the milking robots segment is expected to be the leading product application for the global agriculture autonomous robots market. As per the report, this product segment is expected to grow at a CAGR of 20.34% during the forecast period 2022-2027 due to the rising use of automation in dairy farms.

A milking robot is an automated milking technique for cows to drink, eat, and be milked in their schedule. Milking robot systems give a computer-formulated diet automatically to the cows, removing the need for manual labor.

Why Should You Buy the Report?

Following are some key reasons to buy the report on the global agriculture autonomous robots market:

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Harvesting Equipment Market

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BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends which can disrupt the market dynamics in the near future. We publish more than 200 market intelligence studies annually that focus on several deep technology verticals. 

Our strategic market analysis emphasizes on 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. 

BIS Research offers syndicate as well as custom studies and expert consultations to firms, providing them specific and actionable insights on novel technology markets, business models, and competitive landscape. 

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