Robotics

Asia-Pacific Agriculture Autonomous Robots Market Analysis


Dublin, May 08, 2024 (GLOBE NEWSWIRE) — The “Asia-Pacific Agriculture Autonomous Robots Market: Focus on Product, Application, and Country – Analysis and Forecast, 2023-2028” report has been added to ResearchAndMarkets.com’s offering.

The Asia-Pacific agriculture autonomous robots market (excluding China) was valued at $121.2 million in 2023, and it is expected to grow with a CAGR of 23.45% during the forecast period to reach $347.6 million by 2028. The expected growth of the agriculture autonomous robots market is propelled by the growing demand for agricultural practices that are both efficient and sustainable.

The Asia-Pacific (APAC) Agriculture Autonomous Robots market is poised for significant growth fueled by the region’s evolving agricultural landscape and the increasing adoption of advanced technologies. With the APAC region being home to a large and diverse agricultural sector, there’s a growing need to enhance productivity, efficiency, and sustainability. Autonomous robots offer solutions to address these challenges by automating various tasks such as planting, monitoring, harvesting, and spraying pesticides.

Additionally, factors such as labor shortages, rising labor costs, and the need for precision agriculture further drive the demand for autonomous robots in APAC. Countries like China, Japan, India, and Australia are witnessing a surge in the adoption of agriculture autonomous robots, supported by government initiatives, technological advancements, and a growing awareness of the benefits of automation in agriculture. As the region continues to modernize its farming practices, the APAC Agriculture Autonomous Robots market is expected to experience robust growth and innovation.

Ongoing Trends

  • Emerging Climate Smart Agriculture Practices
  • Emerging Sustainable Solution: Agrivoltaics

Business Drivers

  • Need for Organic Food Production
  • Agriculture Labor Shortage

Business Challenges

  • High Initial Investment and Cost
  • Less Adoption among Small-Scale Farmers

Market Segmentation

Segmentation 1: by Application

  • Crop Monitoring
  • Livestock Monitoring and Management
  • Harvesting and Picking
  • Weeding
  • Others

Segmentation 2: by Product

  • Crop Harvesting and Picking Robot
  • Weeding Robot
  • Milking Robot
  • Crop and Livestock Monitoring Robot
  • Others

Segmentation 3: by Country

  • Japan
  • South Korea
  • Australia
  • Rest-of-Asia-Pacific

Companies Featured

Key Attributes

Report Attribute Details
No. of Pages 60
Forecast Period 2023-2028
Estimated Market Value (USD) in 2023 $121.2 Million
Forecasted Market Value (USD) by 2028 $347.6 Million
Compound Annual Growth Rate 23.4%

For more information about this report visit https://www.researchandmarkets.com/r/tfijaq

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