Press release

Agricultural Robot Shipments to Reach 727,000 Units Annually by 2025, According to Tractica

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Farmers are increasingly turning to technology to enable more efficient
use of their farmland to meet demand for food from a growing global
population and deal with labor shortages and costs, regulations, and
changing weather conditions. At the same time, numerous robotic
solutions are being developed to meet this demand for precision
agriculture. Increasing market penetration of unmanned aerial vehicles
(UAVs), robots, and automation technology on farms around the world is
being facilitated by improvements in the intelligence, performance, and
price of sensing technologies, electric motors, and drive controls.

According to a new report from Tractica,
global shipments of agricultural robots will increase at a fast pace
over the next several years, rising from approximately 60,000 units
annually in 2018 to more than 727,000 by 2025. The market intelligence
firm anticipates that UAVs will top the list among agricultural robot
categories, followed by driverless tractors, material management robots,
soil management robots, and dairy management robots. Tractica forecasts
that such shipments will drive a total annual market value of $87.9
billion worldwide by 2025.

“Robots and automation technologies have the potential to dramatically
improve crop quality and yields, reduce the amount of chemicals used,
solve labor shortages, and provide hope for the economic sustainability
of smaller farming operations,” says senior analyst Glenn Sanders.

Sanders adds that these factors are driving strong demand for robots
throughout the farming process, including planting, pruning, weeding,
pick-and-place, sorting, seeding, spraying, harvesting, and materials
handling.

Tractica’s report, “Agricultural
Robots”
, provides 8-year market sizing and forecasts for
agricultural robot shipments and revenue during the 2018-2025 timeframe,
segmented by world region and application type. It discusses the global
market trends, drivers, challenges, and technological issues that will
influence the development of agricultural robots. Tractica also presents
a detailed picture of market participants based on interviews with CEOs
and research, profiling 27 key players and listing more than 150
emerging and significant industry players. An Executive Summary of the
report is available for free download on the firm’s website.

About Tractica

Tractica, an Informa business, is a market intelligence firm that
focuses on emerging technologies. Tractica’s global market research and
consulting services combine qualitative and quantitative research
methodologies to provide a comprehensive view of the emerging market
opportunities surrounding Artificial Intelligence, Robotics, User
Interface Technologies, Advanced Computing, Connected & Autonomous
Vehicles, and Wearables & Digital Health. For more information, visit www.tractica.com
or call +1.303.248.3000.