Fruit picking robots are autonomous machines designed and developed to pick fruit from orchards more efficiently than manual harvesting. They use advanced technologies such as robotic arms, computer vision, and sensors to identify, pick and collect fruit without damaging them. Fruit picking robots help reduce labor costs and enhance productivity significantly by automating the tedious fruit harvesting process.
The global Fruit Picking Robots Market is estimated to be valued at US$ 728.07 Mn in 2023 and is expected to exhibit a CAGR of 12% 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 fueling the growth of the fruit picking robots market is the increasing shortage of farm labor for harvesting activities. Many countries worldwide are facing labor shortages due to low wages and unattractive working conditions in the agriculture sector. Manual fruit picking is also an arduous and time-consuming task. Fruit picking robots help overcome this challenge by automating the harvesting process and reducing the farms’ dependence on human labor. They can work efficiently for long hours without breaks and ensure timely and consistent fruit harvesting. This significantly boosts farms’ productivity and income.
Porter’s Analysis
Threat of new entrants: Low to moderate threat of new entrants as it requires significant capital investment and tech expertise in robotics. However, potential for new niche players providing value added services exists.
Bargaining power of buyers: Moderate bargaining power of buyers as large fruit growers and farms have more choice but smaller farms need customized solutions.
Bargaining power of suppliers: Moderate bargaining power of suppliers since robotics and automation component manufacturers have some pricing power.
Threat of new substitutes: Low threat of new substitutes as manual labor is increasingly unavailable and expensive.
Competitive rivalry: Intense competitive rivalry due to few large players dominating the market with continuous innovation.
SWOT Analysis
Strengths: Advancements in robotics and automation capabilities, improved crop yield and quality monitoring abilities, reduced dependency on manual labor.
Weaknesses: High initial costs, lack of customized solutions for smaller farms, requirements of technical expertise to handle robots.
Opportunities: Growing organic and specialty crops demand, scope in developing countries, potential for value-added services like predictive analysis.
Threats: Technical challenges regarding crop and terrain variations, data privacy and security concerns, regulations around robot-human interaction.
Key Takeaways
The Global Fruit Picking Robots Market Size is expected to witness high growth, exhibiting CAGR of 12% over the forecast period, due to increasing shortage of agricultural labor. Asia Pacific dominates the market currently due to presence of large fruit producing countries like China.
Regional analysis: Asia Pacific dominates the global market currently due to the large number of fruit producing countries like China, India and Japan. North America is projected to witness fastest growth due to increasing adoption in the US and Canada. European countries are also adopting robotics to overcome labor shortage issues in fields.
Key players: Key players operating in the fruit picking robots market are Ripe Robotics, Advanced Farm Technologies, Shibuya Seiki, Tevel Aerobotics, Antobot, FFRobotics, Robotics Plus, Earth Rover, Augean robotics, Agrobot, Blue River Technology, Harvest CROO LLC. Most players are focusing on collaboration activities for customized solutions.
Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it