Agriculture Service Robotics - United States

Revenue in the Agriculture Service Robotics market is projected to reach US$166.00m 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 3.18%, resulting in a market volume of US$194.20m 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 US is experiencing substantial growth, driven by factors such as increasing adoption of robotic technologies, growing demand for efficient agriculture services, and the convenience offered by commercial service robotics. This growth is being impacted by the rising need for precision farming, labor shortage, and the need for sustainable practices in the agriculture industry.

Customer preferences: In the Agriculture Service Robotics Market, there is a growing demand for precision farming solutions that utilize robotics and AI technology. This trend is driven by the need for increased efficiency and productivity in agriculture, as well as the desire for sustainable practices. Additionally, the rise of e-commerce and online grocery shopping has led to a greater demand for automated harvesting and sorting systems, as consumers seek fresh produce delivered directly to their doorsteps. These advancements in technology are revolutionizing the agriculture industry and are expected to continue driving growth in the commercial service robotics market.

Trends in the market: In the Agriculture Service Robotics Market within the Commercial Service Robotics Market of the Service Robotics Market in the United States, there is a growing trend towards automation and precision farming. This includes the use of drones for crop monitoring and spraying, as well as autonomous tractors and robots for planting and harvesting. This trend is driven by the need for increased efficiency and productivity in the agriculture industry. It also has the potential to reduce labor costs and minimize environmental impact. However, there are concerns about the displacement of human workers and the high costs of implementing these technologies. This trend is expected to continue, with potential implications for stakeholders such as farmers, equipment manufacturers, and policymakers.

Local special circumstances: In the United States, the Agriculture Service Robotics Market is primarily driven by the increasing demand for precision agriculture and labor shortage in the agriculture sector. The market is also influenced by the government's push for sustainable farming practices and the adoption of advanced technologies in agriculture. Additionally, the country's strict regulations on pesticide usage and food safety have led to the development of service robotics for crop monitoring and management.

Underlying macroeconomic factors: The Agriculture Service Robotics Market in the Commercial service robotics Market of the Service robotics Market within the Robotics Market is also affected by macroeconomic factors such as government subsidies, trade policies, and investments in agriculture. Countries with supportive government policies and investments in agricultural technology are experiencing higher market growth compared to regions with limited government support and outdated farming practices. Additionally, the growing demand for sustainable and efficient farming practices, coupled with the increasing global population, is driving the demand for 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.