March 1, 2024
Autonomous Vegetable Weeding Robots Market

Future Farming Applications Expected To Boost The Growth Of Autonomous Vegetable Weeding Robots Market

Market Overview:

Autonomous vegetable weeding robots are agricultural robots equipped with computer vision and machine learning capabilities to identify and remove weeds from vegetable crops without harming the crops. These robots are designed to work autonomously without human intervention by using camera, sensors, and other technologies. They help to kill weeds at an early stage before they damage crop yields. This reduces the need for herbicides and manual labor significantly. Autonomous weeding also increases yields and lowers production costs. The growing demand for food due to rising global population as well as labor shortage in agriculture is fueling the need for autonomous robots.

The global Autonomous Vegetable Weeding Robots Market is estimated to be valued at US$ 42.3 Mn in 2023 and is expected to exhibit a CAGR of 24 % over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the major trends in the autonomous vegetable weeding robots market is the increasing adoption of computer vision and machine learning technologies. Manufacturers are focusing on developing more advanced computer vision algorithms and machine learning models to improve weed detection and selective spraying capabilities of robots. For instance, some robots can identify over 95 weed species using deep learning models. Integration of technologies such as 5G, cloud computing and IoT is also a key trend enabling remote monitoring and operation of robots. Growing financial support from governments worldwide for adoption of smart farming solutions is another factor promoting the autonomous vegetable weeding robots market growth. For example, the European Union committed €1 billion funding towards agricultural robotics and digital technologies under Horizon Europe plan 2020-2021.

Porter’s Analysis

Threat of new entrants: Low capital requirement for technology integration will enable new players to enter the market easily. However established players have strong brand recognition and economies of scale.

Bargaining power of buyers: Buyers have high bargaining power due to availability of substitutes and undifferentiated products.

Bargaining power of suppliers: A few technology providers supply core components for autonomous weeding robots, giving them significant influence on pricing.

Threat of new substitutes: Emerging weeding technologies and robotics could replace autonomous weeding robots.

Competitive rivalry: Intense competition exists among key players to differentiate products and win large agreements.

Key Takeaways

The Global Autonomous Vegetable Weeding Robots Market Size is expected to witness high growth, exhibiting CAGR of 24% over the forecast period, due to increasing demand for food production with minimal human intervention.

Regional analysis: North America dominates the market due to large agricultural farms. However, Asia Pacific is expected to witness fastest growth on account of rising population and increasing shift towards smart farming practices.

Key players operating in the autonomous vegetable weeding robots market are Naïo Technologies, Dahlia Robotics GmbH, Ecorobotix, Carbon Robotics, Vision Robotics Corporation, Harvest Automation, Soft Robotics Inc, Abundant Robotics, Bosch Deepfield Robotics, Energreen, Saga Robotics, Blue River Technology, VitiBot, and Aigen. Key players are focusing on product differentiation through advanced technologies like computer vision, AI and motion planning algorithms.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it