Seeding and Planting Robots Market Expected to Reach USD 16.25 Billion by 2032
Seeding and Planting Robots Market valued at USD 2.83 billion in 2023, expected to reach USD 16.25 billion by 2032 with a CAGR of 21.59%. Precision AI and automation are transforming farming to boost global food security, improving agricultural output, decreasing labor dependence, and meeting food security challenges through precision farming.
Leading market players include Agrobot, Blue River Technology, Harvest Automation, and more. Market report scope includes market size, segments analysis, competitive landscape, regional analysis, and key segmentation by technology, robot type, application, and end-user.
Autonomous Robots segment expected to register highest revenue share in 2023, driven by precision agriculture and efficiency for seeding tasks. Machine Learning and AI Integration segment projected to grow at the highest CAGR throughout the forecast period for intelligent decision-making and real-time data analysis.
Seeding robots held largest revenue share in 2023, while Hybrid Robots are the fastest growing category due to flexibility and efficiency in various farming conditions. Commercial Farmers segment expected to provide the highest revenue share in 2023 for commercial scale planting.
North America accounted for the largest share of revenue in 2023, while Asia Pacific is expected to have the fastest growth rate by 2032. Europe is set to flourish with sustainable farming initiatives and precision agriculture technologies. Recent developments include Continental Automotive unveiling an autonomous tree-seeding robot and Harvest Automation merging with Tertill for enhanced plant-moving robots.
Read more at GlobeNewswire: Seeding and Planting Robots Market Set to Surpass USD 16.25