Market Overview

The Automated Farming Market size was valued at around 24.1 billion in 2023 and is expected to reach a value of USD 71.96 billion by 2032, at a CAGR of 13.2% over the forecast period (2024–2032).

Automated farming is more efficient and labour-saving compared to conventional farming, hence its popularity over the last few years.  The process mechanizes farming operations such as planting, fertilization, harvesting, and processing with the aid of advanced technologies such as robotics, artificial intelligence, and Internet of Things devices. The convergence of these technologies generates smart farms that employ sensors, drones, and autonomous vehicles to gather data about crops, soil, and weather, allowing farmers to make effective decisions and maximize yields.

The application of robotics technology in agriculture is not recent, as it has been practiced by farmers with the use of machines like tractors to carry out automated processes for decades. Nevertheless, with the development of technology, farm robotics has evolved to be more advanced, with farmers being able to automate virtually any task. For instance, drones with sensors and cameras can fly over vast farms and detect patches that require treatment. Autonomous cars are also utilized to move fertilizers and crops, minimizing the use of human labour.

Automated Farming enjoys a few advantages, the most notable being efficiency and sustainability. With tasks automated, farmers can make more efficient use of resources like water and fertilizer, minimizing wastage and maximizing returns. Automated Farming also lessens the impact of human error, which might result in crop failure or destruction. Automated Farming can further minimize the usage of pesticides and herbicides, which are injurious to the environment.

The Automated Farming market is likely to expand in the future. A BIS Research report puts the global market for agricultural robots at $35.75 billion in 2028. The reason for the upsurge in the market is said to be the growing food demand and need for more sustainable agriculture.

Market Drivers

Rising Global Food Demand.

• The global population will reach almost 10 billion by 2050, significantly increasing food demand. With arable land shortage, labour shortage, and climate change, conventional farming may not be able to fulfil such demand. Automatic farming technologies such as AI, robotics, and IoT increase production because they enhance resource utilization, reduce waste, and increase agricultural productivity. Precision agriculture enables real-time monitoring of soil fertility, weather, and the presence of pests, leading to efficient farming methods. Automated irrigation, crop spraying with the help of drones, and automated picking reduce manpower dependency while increasing efficiency. With the help of intelligent technologies, automated farming enables mass production of food in sustainable ways to meet the growing population while conserving the environment and natural resources like water and land.

Labor Shortages and Rising Costs

• Globally, urban migration, aging farmers, and declining interest in farm work are all contributing to a shortage of skilled labour in farm areas. This shortage of labour affects production, which leads to inefficiencies and higher operational costs.  By leveraging advanced technologies such as AI-driven machinery, autonomous tractors, robotic harvesters, and drone-based crop monitoring, farm automation addresses these challenges by reducing reliance on human labour. These technologies facilitate faster, more precise operations with improved efficiency, decreasing the labour cost. Automated machines also allow the cultivation of wider lands with fewer workers, resulting in standardized production of crops. With the introduction of smart technology, automation provides increased productivity, reduced human intervention, and improved security of supply, making the farm more efficient and profitable in the long run.

Market Opportunities

Growth in Vertical Farming & Greenhouse Automation

• One sustainable method to confront the fluctuating environmental conditions and increasing demands for food is controlled-environment agriculture, or CEA. Through applying stringent controls of the environmental components such as temperature, humidity, light, and concentration of CO2, CEA encompasses greenhouses, hydroponic farms, and vertical farms. Automation is pivotal in achieving optimal conditions by smart climate control, precision irrigation, and automated delivery of nutrients. AI and IoT sensors monitor the health of the plants in real-time and control conditions for maximum yield and usage of resources. Water saving takes place through autonomous irrigation, while planting and harvesting are optimized through robotic means. With the absence of external factors like pests and weather conditions, CEA provides year-round harvests, productivity, and reduced environmental impact, making it a vital part of future agriculture.

Expansion of Autonomous Farm Equipment

• Agriculture is experiencing revolution due to the invention of driverless tractors, robot harvesters, and automated irrigation that enhance production and save labour charges as well as make it efficient. Autonomous tractors utilize sensors, artificial intelligence, and the use of GPS to effectively undertake tasks such as ploughing and planting, hence less waste is made. To address the issue of human labour shortage and ensure faster and more accurate harvesting, robotic harvesters mechanize crop picking. With real-time soil moisture sensing, computerized irrigation systems optimize water usage, minimizing water waste and improving plant health.  Besides boosting output, the technologies enable farmers to reduce costs.  Automation investments present lucrative market opportunities as the demand for precision agriculture increases, driving innovation and enhancing the efficiency, sustainability, and resilience of farming.

Market Restraining Factors

High Initial Investment & Maintenance Costs

• Advanced automated farm machinery, such as AI-driven tractors, robot harvesters, and IoT-enabled irrigation systems, require enormous amounts of capital investment, and therefore, it is difficult for small and medium-scale farmers to adopt such technology. The cost of purchasing, installing, and maintaining automated systems is usually higher than the amount available to smaller farms, which typically have thinner budgets. smart technology adoption involves technical skills, once more adding to the problem.
• Although technology enhances efficiency, saves labour, and raises production levels, start-up capital is prohibitive. It is a luxury few small farmers can afford with access to capital or subsidies, and precision farming becomes too expensive for them to adopt. Leasing options, cooperative ownership, and government incentives can help overcome this constraint, but uptake is slow. With advances in technology and the cost declining, increased access may prove more efficacious. Yet without special fiscal solutions, the high capital expense remains a substantial limitation in automated agriculture.

Segmentation Analysis

The market scope is segmented because of by Technology, by Type, by Application, by Component.

By Technology

Based on the Technology of the market is segmented into AI & Machine Learning & Smart Sensors, Robotics & Automation, Drones & UAVs, GPS & Remote Sensing.

AI & Machine Learning drive technological advancements by enabling intelligent decision-making and automation for sectors. IoT & Smart Sensors enable real-time data capture and connectivity, rendering industrial use and consumer applications optimal. Robotics & Automation enhance manufacturing efficiency in manufacturing, healthcare, and logistics by executing tasks with speed and precision. Drones & UAVs transform aerial monitoring, delivery, and disaster response by offering remote access to critical sites. GPS & Remote Sensing enable navigation, agriculture, and environmental monitoring with precise geospatial information.

For instance, autonomous farming combines AI, IoT, robotics, and GPS. AI-based drones and intelligent sensors scan the health of crops, while autonomous tractors with GPS optimize sowing and reaping. Robotics does away with backbreaking labour, saving money and boosting efficiency. This integration increases productivity, saves resources, and enhances food security.

• By Type

Based on the Type of the market is segmented into Precision Farming, Livestock Monitoring & Automation, Smart Greenhouses & Vertical Farming, Aquaculture Automation.

Precision Farming is the trend in contemporary agriculture, applying sophisticated technologies to maximize crop production, minimize wastage, and improve sustainability. Livestock Monitoring & Automation employs IoT, AI, and intelligent sensors to monitor animal health, enhance feeding efficiency, and identify diseases at an early stage. Smart Greenhouses & Vertical Farming employ climate control systems, hydroponics, and AI-based automation to optimize crop yields in confined spaces, providing food supply throughout the year. Aquaculture Automation improves fish farming through the application of robotic feeders, water quality sensors, and AI-based monitoring to enhance productivity and sustainability.

For example, an intelligent dairy farm integrates precision agriculture and cattle monitoring. IoT wearable sensors track the health, milk production, and movement of cows. Smart feeding systems optimize feeding according to real-time data, making it more efficient. Smart milking robots enhance productivity with labour cost savings. AI-driven inputs enable farmers to identify diseases at an early stage, leading to herd wellness and maximizing milk production. This integration results in increased yields, lower consumption of resources, and better animal welfare, making dairy farming a more sustainable and profitable endeavour.

• Regional Snapshots

By region, Insights into the markets in North America, Europe, Asia-Pacific, Latin America and MEA are provided by the study. North America dominates the market with robust investments in precision farming, AI-based farm equipment, and government incentives for sustainable farming. The U.S. and Canada are taking the lead with the use of IoT, robotics, and drone technology to increase productivity and minimize labour dependence.

Europe is not behind, with significant emphasis on sustainable agriculture and intelligent agricultural policy. Germany, the Netherlands, and France are at the forefront of controlled-environment agriculture (CEA) and automated animal farming. Carbon reduction and increased food security in the European Union have driven AI, IoT, and robots in agriculture.

Asia-Pacific is the fastest developing region because of food demand increase, increasing population, and agricultural mechanization promotion from governments. There are also investments in smart agriculture technologies like using drones to monitor crops, robot harvesting, and automated irrigation from China, India, and Japan. High set-up costs, fragmented landownership are constraints for most areas within this region.

Latin America is experiencing consistent uptake, particularly on Brazil and Argentina's massive farms, where automation is utilized to boost crop yields and reduce water consumption. Precision farming technology uptake is gaining momentum as the region aims to drive productivity and sustainability.

Middle East & Africa is a developing region for automated agriculture, with growing demand for water conservation technology and vertical farming to counteract adverse climatic conditions. Government policies in Saudi Arabia and the UAE are pushing investments in intelligent agriculture.

List of Companies Profiled

• Ag Leader Technology
• AGCO Corporation
• AgJunction, Inc.
• AgEagle Aerial Systems Inc.
• Autonomous Solutions, Inc.
• Argus Control Systems Ltd
• BouMatic Robotic B.V.
• CropMetrics
• CLAAS KGaA mbH
• CropZilla
• Deere & Company
• DICKEY-john
• DroneDeploy
• DeLaval Inc
• Farmers Edge Inc
• Grownetics, Inc.
• Granular, Inc.
• Gamaya
• GEA Group Aktiengesellschaft
• Raven Industries
• Trimble Inc.

Key Industry Developments

In July 2023, Deere & Company made the acquisition of Smart Apply, Inc. The firm intended to use Smart Apply's precision spraying to help growers manage the issues related to input costs, labour, regulatory compliance, and environmental objectives.

In May 2023, AgEagle Aerial Systems Inc. reported that it had signed a 2-year supply agreement with Wingtra AG. This deal is aimed at ensuring the supply of RedEdge-P sensor kits for integration with WingtraOne VTOL drones. This is particularly useful for material benefit from unmatched, high accuracy, and plant-level resolution in commercial agriculture, environmental science, forestry, and water management uses.

In April 2023, AGCO Corporation also made a strategic partnership with Hexagon, for the growth of AGCO's factory-fit and aftermarket guidance solutions. The new guidance solution was scheduled to be launched as Fuse Guide on Valtra and Massey Ferguson tractors.

In February 2023, Topcon Agriculture announced the availability of Transplanting Control, a superior guidance control solution for specialty growers. This turnkey solution was built to enhance efficiency, lower labour, and explode production. In addition, it provides GNSS-based guidance, autosteering & control, thus proving to be beneficial to the growers of perennial fruit, vegetable, and tree crops.

In January 2023, ASI Logistics with SICK, Inc. came out with a successful deployment of autonomous yard truck operations. Within this partnership, ASI Logistics utilized its award-winning Vehicle Automation Kit (VAK) along with SICK's industry best LiDAR systems.

In March 2022, Raven disclosed its expansion in South Dakota and Arizona to maximize the creation of AI-based technologies for personalizing cutting-edge solutions. The plan was also focused on enabling access to a test farm that was close by, enabling same-day testing.

In October 2021, BouMatic announced the acquisition of SAC Group to tap into automatic and traditional milking systems. The deal represented the company's relentless dedication towards providing top-of-the-line dairy farm solutions to consumers worldwide.

In May 2021, AGCO announced a strategic spraying solutions collaboration with Raven Industries Inc., BASF Digital, and Robert Bosch GmbH. The purpose of the deal was to evaluate the targeted spraying technology to boost crop protection product applications through restricting crop input costs and providing environmental sustainability.

Report Coverage

The report will cover the qualitative and quantitative data on the Global Automated Farming Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.

Report Scope and Segmentations

Global Automated Farming Market Regional Analysis

North America accounted for the highest Automated Farming Market% market share in terms of revenue in the Automated Farming Market and is expected to expand at a CAGR of Automated Farming Market% during the forecast period. This growth can be attributed to the growing adoption of Automated Farming Market. The market in APAC is expected to witness significant growth and is expected to register a CAGR of Automated Farming Market% over upcoming years, because of the presence of key Automated Farming Market companies in economies such as Japan and China.

The objective of the report is to present comprehensive analysis of Global Automated Farming Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

Automated Farming Market Report is also available for below Regions and Country Please Ask for that

North America

• U.S.
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Points Covered in the Report

• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Questions

• How much the global Automated Farming Market valued?
• Which region has the largest share in 2024 for the global Automated Farming Market ?
• What are the driving factors for the market?
• Which is the leading segment in the global market?
• What are the major players in the market?

Research Scope of Automated Farming Market

• Historic year: 2019- 2022
• Base year: 2023
• Forecast: 2024 to 2032
• Representation of Market revenue in USD Million

Automated Farming Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: