The global indoor farming robots market is growing
continually. The market growth attributes to the rising adoption of robotics to
improve greenhouse and indoor farming operations. Besides, increasing demand
for indoor farming robots to perform harvesting, seeding, and plant inspection
drives the market growth. Moreover, growing advances in vision cameras,
artificial intelligence, and sensing technology escalate the growth of the
market.
Market Research Future (MRFR) asserts that the global indoor farming robots market is
projected to grow USD 358.5 MN by 2025,
registering 21.43% CAGR during the
review period (2019 – 2025). Improvements in the manufacturing of robot arms
and mechanical parts boost market sales. Increasing demand to increase the
fruits & vegetables and grain production substantiate market growth. Also,
decreasing arable land pushes market growth, driving the indoor planting
demand.
Additionally, increasing demand for indoor farm robots with
3D cameras that scan the module collect & analysis information fosters the
growth of the market, improving specific operations. The coronavirus pandemic
has led to a spike in interest and investment in farm robotics and automation
due to the shortages of agricultural workers. Also, the UV technology's ability
to kill viruses is garnering huge market prominence.
Indoor Farming Robots Market – Competitive Analysis
Highly competitive, the indoor farming robots market appears
fragmented due to the presence of several well-established players. To gain a
larger competitive share, industry players adopt strategies, such as mergers
& acquisitions, collaboration, expansion, and product/technology launch.
Major Players:
Players leading the Global indoor farming robots market are
OnRobot(Denmark), Iron-Ox(US), Visser Horti Systems BV(Netherlands), Harvest
Automation(US), FodderWorks(US), Root AI(US), FarmBot Inc.(US),
Javo(Netherlands), and Metomotion(Israel), among others.
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Indoor Farming Robots Market – Segments
By Type: Robot Gripper, Cutting
Robot, Robotic Fodder, Material Handling Robot, Incubators, Monitoring Drones,
and others.
By Automation: Semi-Autonomous and Fully
Autonomous.
By Application: Fruits & Vegetables,
Floriculture, and others.
By Regions: Americas, Europe,
APAC, and the Rest-of-the-World.
Global Indoor Farming Robots Market – Regional Analysis
Europe dominates the global indoor farming robots market. The
largest market share attributes to the rising adoption of indoor farming robots
to increase farm production. Besides, the growing food demand boosts the indoor
farming robots market.
The Asia Pacific region stands second in the indoor farming
robots market. The market is driven by the proliferating trend of indoor plants
and greenhouses. Additionally, the ever-increasing population encourages indoor
farming robots, creating a significant demand for fruits and vegetables.
Furthermore, the proliferation of hydroponics and vertical farming has uplifted
the demand for indoor farming robots in the region. The APAC indoor farming
robots market is anticipated to grow at a substantial CAGR during the
assessment period.
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TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
Indoor Farming Robots Market, By Segments
7.
Competitive Analysis
Continued…
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