Brazil Agriculture Robots Market Size More Than Doubles to Cross USD 1.5 Billion by 2029

Published | 02 February 2023

Brazil agriculture robots market size is flourishing due to growing demand for food, expanding population, labor shortage, increasing popularity of modern, sustainable farming methods, and the development of IoT and navigation technology that lowers the cost of automation.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Brazil agriculture robots market size at USD 474.75 million in 2022. During the forecast period between 2023 and 2029, the Brazil agriculture robots market size is projected to grow at a CAGR of 8.08% reaching a value of USD 1,549.8 million by 2029. Growing population increased food demand, indoor farming's popularity, frequent climate variations, and rapid adoption of automation technology are major growth drivers for the Brazil agriculture robots market. Increasing government support to encourage cultivators to adopt modern agricultural practices, as well as the trend of sustainably maximizing agricultural resources, all contribute to the rapid growth of the Brazil agricultural robot market. The widespread use of IoT in a variety of industries, including manufacturing, transportation, and agriculture, as well as the agricultural sector's reliance on technology, engineering, and physical and biological sciences using IoT in research projects, all have an impact on the market for agriculture robots.

Brazil Agriculture Robots Market – Overview

Agriculture robots, also known as Agribots, are one of the newest technological developments in the agriculture industry. Agribots are autonomous machines that are used to increase output quality and efficiency while decreasing the need for manual labor, thereby increasing productivity. Agricultural robots are typically equipped with end effectors or specialized arms for a variety of horticultural tasks like weed control, seeding and planting, aerial data collection, field mapping, fertilizing and irrigation, intercultural operations, harvesting, soil analysis, and environmental monitoring. These machines are also used to wash and milk animals in the dairy farming industry.

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Opportunity: Expanding population and lack of skilled workers in agriculture sector

The agriculture industry is under pressure from Brazil's expanding population and the need to boost productivity from the country's existing farmland. Current factors affecting the agricultural sector include urbanization and changing demographics. The agricultural sector in Brazil makes extensive use of migrant labor, a trend that is also prevalent in other developed countries. Farmer populations are aging, which further reduces the supply of manual labor and contributes to the labor shortage that is now a global problem. Children from farming families frequently move to urban areas in search of better employment opportunities, and younger generations are less likely to continue farming. As a result, modern farmers have had a lot of experience working in the field.

Challenge: Automation costs more for small farms

Smaller farms have been largely left behind by successive waves of automation, which include agriculture robots. A tractor with autopilot capability can cost up to USD 100,000 and frequently does not provide a sufficient Return on Investment for small farmers (RoI). Although auto-steering and drone technologies are among the least expensive and most mature automation solutions, they are still not widely used in small farms. For example, only about 10% of auto-steering technology is used on small farms of 10 to 1000 acres globally (or about 1 million farms out of 10 million). It is expected that as more specialized and expensive robots and software systems are introduced, these farms will fall further behind in terms of technology.

Impact of COVID-19 on Brazil Agriculture Robots Market

The rapid spread of the COVID-19 pandemic had an impact on the Brazilian market for agriculture robots, disrupting the supply chain and damaging several industries. Trade activity has been significantly reduced as a result of international border closures, extensive social distance-building measures, and national lockdowns. This had a significant impact on Brazil for agricultural robots because businesses throughout Brazil were forced to partially or completely shut down. In 2021, the second wave of COVID-19 also disrupted the markets in a number of significant markets, including Brazil. However, due to the rebound in trade activity, the market is likely to experience steady demand growth during the projection period.

Brazil Agriculture Robots Market – By Farming Environment

The outdoor industry dominates the Brazil agriculture robots market. Farmers are using driverless tractors, weeding robots, and fruit harvesters more frequently due to the numerous benefits, which is growing the segment's revenue. Farmers are heavily utilizing outdoor harvesting robots built on mechatronics, nanotechnology, and material science to reduce revenue losses caused by human error. They can grasp and separate fruits without harming them in addition to detecting and analyzing the ripeness of the fruit.

Competitive Landscape

Brazil agriculture robots market is fiercely competitive. Prominent players in the market include John Deere, AGCO, CNH Industrial, Kubota Corporation, Yamaha Motor Co. Ltd, Deere & Company, Lely Group, BouMatic Robotics, GEA Group, DeLaval, AgEagle Aerial Systems, Agrobot, Agrointelli, Agrosavvy, Argus Control Systems, Blue River Technology, DJI, Energid Technologies, and Harvest Automation. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the Brazil agriculture robots market.

Don’t miss the business opportunity in the Brazil Agriculture Robots Market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Brazil Agriculture Robots Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Brazil Agriculture Robots Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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