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All news / Facts and Factors: the market of agrobots and agricultural drones will exceed $14.12 billion by 2028

  • 16 Aug 2022, 12:04

According to the Facts and Factors study, the market for agricultural robots and agricultural drones will exceed $14.12 billion by 2028. In 2021, the market was estimated at $5.17 billion - by 2028, the average annual growth will be about 18.21%.Facts and Factors: the market of agrobots and agricultural drones will exceed $14.12 billion by 2028

Key market players - Deere & Company (USA), DJI (China), CNH Industrial NV (United Kingdom), AGCO Corporation (USA), DeLaval (Sweden), Trimble Inc (USA), BouMatic Robotics (Netherlands), AgJunction (USA) ), AgEagle Aerial Systems (USA), YANMAR Co (Japan), Deepfield Robotics (Germany), ecoRobotix (Switzerland), Harvest Automation (USA) and others.

In the next 3-4 years, experts expect an explosive growth in demand for unmanned tractors - the segment can surpass the markets for milking complexes and agricultural drones.

The rapid digitalization of the world is reflected in the field of agriculture: the future is associated with heterogeneous swarms of small rented agrobots, mechanical weeding and precision farming.

North America will remain the largest market for agrobots - in 2021, the United States purchased a third of all systems implemented. America remains the largest owner of agricultural and livestock drones. In addition, further purchases and mass deployment of milking complexes should be expected.