Agriculture Service Robotics - United Kingdom

Revenue in the Agriculture Service Robotics market is projected to reach US$37.07m in 2024.
[revenue_currentlayer_yeartoday_maxsegmentname] dominates the market with a projected market volume of [revenue_currentlayer_yeartoday_maxsegmentvalue] in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 15.09%, resulting in a market volume of US$74.86m by 2029.
In global comparison, most revenue will be generated Germany (US$257.90m in 2024).

Definition:

The Agriculture Service Robotics market covers the use of robots in agriculture to assist and automate various tasks related to farming and crop management.

A robot is defined as a powered machine that is programmable on two or more axes and has some degree of autonomy; it moves within its environment to perform its programmed tasks.

Additional information:

The market comprises revenues, volume, and the average price per new installed robot. The market displays both B2B and B2C revenues, and the revenue is based on the country’s demand for robots. It is shown in manufacturer prices. Software revenues are included as service robots are mostly delivered with software solutions that have been implemented by the manufacturer.

Key players in the market include Agrobot, Harvest Automation, and Blue River Technology.

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Agriculture Service Robotics

Medical Service Robotics
Logistic Services Robotics
Other Service Robotics

The Agriculture Service Robotics market in the United Kingdom is experiencing minimal growth, impacted by factors such as slow adoption of technology and limited awareness among consumers. This is evident in the Commercial Service Robotics market within the broader Service Robotics market, where growth is not significant. However, there is still potential for growth as the market continues to evolve and new technologies are introduced.

Customer preferences: The Agriculture Service Robotics Market within the Commercial service robotics Market of the Service robotics Market is witnessing a growing demand for autonomous farming solutions, driven by the need for increased efficiency and sustainability in agriculture. Consumers are also increasingly interested in precision farming techniques, such as using drones and sensors for data-driven decision making. Additionally, there is a trend towards incorporating artificial intelligence and machine learning technologies in agriculture service robotics to optimize farming practices and reduce the environmental impact.

Trends in the market: In the United Kingdom, the Agriculture Service Robotics Market is experiencing a surge in demand for precision farming technologies. This is driven by the increasing need for efficient and sustainable agricultural practices, as well as the government's push for automation in the sector. Additionally, there is a growing trend of using robotics for crop monitoring and harvesting, with companies investing in autonomous drones and robotic arms. These advancements have the potential to significantly increase yields and reduce labor costs for farmers. However, concerns over data privacy and cybersecurity remain a challenge for industry stakeholders.

Local special circumstances: In the United Kingdom, the Agriculture Service Robotics Market is driven by the country's strong focus on sustainable farming practices and increasing demand for precision agriculture solutions. Additionally, the government's supportive policies and subsidies for agricultural robotics have further propelled market growth. Moreover, the UK's highly developed agriculture sector and advanced research capabilities have enabled the country to be a pioneer in the development of autonomous farming technologies.

Underlying macroeconomic factors: The Agriculture Service Robotics Market in the Commercial service robotics Market of the Service robotics Market within the Robotics Market is heavily influenced by macroeconomic factors such as global trade policies, agricultural subsidies, and environmental regulations. Countries with favorable trade policies and government support for agriculture are experiencing faster market growth compared to regions with trade barriers and limited agricultural funding. Additionally, the increasing demand for sustainable and efficient farming practices, driven by population growth and climate change concerns, is fueling the adoption of agriculture service robotics in the commercial sector.

Data coverage:

The data encompasses B2B and B2C revenues. Figures are based on the country’s demand for robotics in manufacturer prices.

Modeling approach / Market size:

Market sizes are determined through a regional bottom-up approach, and further detailed by a top-down rationale for each market segment. As a basis for evaluating markets, we use trade data of the respective economic sector. Furthermore, we use relevant key market indicators such as level of automation and digitization or the economy composition to estimate each country's specialization in demand and supply. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques but primarly exponential smoothing. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Despite the frightening, almost Terminator-esque, way the phrase “there are robots everywhere” might sound, the increased use of robotics has been a boon to both consumers and enterprises worldwide. The industrial robot market has seen steady growth across the globe and is expected to continue growing as automation becomes ever more vital to businesses. This stems largely from mechanical automation, reducing production costs and improving efficiency. This increased demand due to greater automation, especially in the United States and Europe, is likely to mean that the price increase per robot unit will remain modest.