by These robots use computer vision and machine learning technologies to precisely identify and pick ripe fruits minimizing damage. They offer numerous advantages over manual fruit picking such as consistent 24/7 harvesting operations, reduced labor costs, ability to pick fruit continuously throughout the season and minimize food waste.
The Global Fruit Picking Robots Market is estimated to be valued at US$ 838.74 Bn in 2024 and is expected to exhibit a CAGR of 40% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Fruit Picking Robots are Abbott Laboratories (US), Medtronic PLCv (Ireland), DexCom, Inc. (US), iRhythm Technologies, Inc. (US), and Texas Instruments Inc. (US). Growing demand for automation in agriculture sector due to shortage of agricultural labor is propelling the adoption of fruit picking robots. They allow harvesting of fruit faster than humans, limiting spoilage and maximizing crop yields.
Fruit picking robots are enabling expansion of global fruit production capabilities by facilitating continuous harvesting regardless of time, weather or availability of human pickers. Many players are investing in R&D to develop advanced Fruit Picking Robots Market Size capable of operating across multiple fruit farms worldwide. This is expected to drive the global footprint of fruit picking robots market during the forecast period.
Market key trends
Use of computer vision, artificial intelligence and advanced machine learning algorithms is a key trend fueling development of more intelligent fruit picking robots. These technologies allow robots to recognize ripe fruits with accuracy resembling or exceeding that of human vision. They can also avoid obstacles, select fruits carefully and replicate delicate fruit handling skills of experienced human pickers. This trend is expected to further augment the capabilities and uptake of autonomous fruit picking robots over coming years.
Porter’s Analysis
Threat of new entrants: Establishing new robotics or automation companies requires significant capital investment and strong technical capabilities which limit new competition. Bargaining power of buyers: Individual buyers have low bargaining power as fruit picking robots are specialized pieces of agriculture equipment provided by a small number of large manufacturers. Bargaining power of suppliers: A few key component suppliers like those for robots vision systems and manipulators exist limiting the bargaining power of these strategic suppliers. Threat of new substitutes: While alternative harvest methods exist, fruit picking robots provide productivity and consistency benefits that make substitution difficult in the short-term. Competitive rivalry: Competition is based on continuous technological innovation to improve robot capabilities, speeds and costs as the same large multinational firms dominate the global market.
North America holds the largest share of the fruit picking robots market currently due to widespread orchard farming in the US and Canada. The developed industrial and technological capabilities in the region also support innovation and adoption of new agricultural robotics.
The Asia Pacific region is expected to experience the fastest growth during the forecast period driven by the expansion of orchard agriculture in China, India and Southeast Asia. Governments in countries like China are actively promoting mechanization and automation to address rural labor shortages indicating strong future demand.
*Note:
1.Source: Coherent Market Insights, Public sources, Desk research
2.We have leveraged AI tools to mine information and compile it
