Global Agricultural Robots Market Size & Outlook
The agricultural robots industry worldwide is expected to reach a projected revenue of US$ 48,063.6 million by 2030. A compound annual growth rate of 20.6% is expected of the worldwide agricultural robots industry from 2024 to 2030.
Revenue, 2023 (US$M)
$12,943.0
Forecast, 2030 (US$M)
$48,063.6
CAGR, 2024 - 2030
20.6%
Report Coverage
Worldwide
Global agricultural robots market, 2017-2030 (US$M)
Related Markets
Global agricultural robots market highlights
- The global agricultural robots market generated a revenue of USD 12,943.0 million in 2023 and is expected to reach USD 48,063.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 20.6% by 2030.
- In terms of segment, milking accounted for a revenue of USD 3,876.4 million in 2023.
- Planting & Seeding Management is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 12,943.0 million |
| Market revenue in 2030 | USD 48,063.6 million |
| Growth rate | 20.6% (CAGR from 2023 to 2030) |
| Largest segment | Milking |
| Fastest growing segment | Planting & Seeding Management |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Planting & Seeding Management, Spraying Management, Milking, Monitoring & Surveillance, Harvest Management, Livestock Monitoring |
Other key industry trends
- In terms of revenue, the North America accounted for 36.3% of the global agricultural robots market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 4,153.6 million by 2030.
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Agricultural Robots Market Scope
Agricultural robots market segmentation & scope
Others
Agricultural Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global agricultural robots market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to agricultural robots market will help companies and investors design strategic landscapes.
milking was the largest segment with a revenue share of 29.95% in 2023. Horizon Databook has segmented the Global agricultural robots market based on planting & seeding management, spraying management, milking, monitoring & surveillance, harvest management, livestock monitoring covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Agricultural Robots Application Outlook (Revenue, USD Million, 2017-2030)
- Planting & Seeding Management
- Spraying Management
- Milking
- Monitoring & Surveillance
- Harvest Management
- Livestock Monitoring
- Others
- Global Agricultural Robots Type Outlook (Revenue, USD Million, 2017-2030)
- Driverless Tractors
- UAVs
- Dairy Robots
- Material Management
- Global Agricultural Robots Offering Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Software
- Services
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Our clientele includes a mix of agricultural robots market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global agricultural robots market , including forecasts for subscribers. This global databook contains high-level insights into Global agricultural robots market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global agricultural robots market statistics, by region, 2017-2030 (US$M)
Top 10 countries: Agricultural robots market size, 2023 (USD Million)
Top 10 countries: Agricultural robots market size, 2023 (USD Million)
Global agricultural robots market, by region, 2023 (US$M)
Related regional statistics
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