USD 185 million
Indoor Farming Robots Market Size, Share, Growth Analysis, By Type(Robot Gripper, Cutting Robot, Robotic Fodder, Material Handling Robot), By Automation(Semi-Autonomous, and Fully Autonomous), By Application(Fruits, Vegetables, and Floriculture), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG20H2037 |
Region:
Global |
Published Date: March, 2024
Pages:
204
|Tables:
93
|Figures:
74
Indoor Farming Robots Market Insights
Indoor Farming Robots Market size was valued at USD 226.44 Million in 2023 and is poised to grow from USD 277.16 Million in 2024 to USD 1396.33 Million by 2032, growing at a CAGR of 22.4% during the forecast period (2025-2032).
The practice of cultivating plants indoors is known as indoor farming using hydroponics and aquaponics. Farming robots used for indoor farming uses such as monitoring, harvesting, seeding, etc., are known as indoor farming robots. The growing popularity of indoor farming around the world is slated to be the key factor driving indoor farming robots' demand. Increasing emphasis on the adoption of sustainable farming practices and advancements in robotics technology are also estimated to bolster the sales of indoor farming robots across the forecast period. Rapidly expanding world population, shortage of arable land for farming, and advancements in farming technology are also projected to influence the global indoor farming robots demand outlook in the future.
Developed countries such as the United Kingdom and United States are slated to spearhead the demand for indoor farming robots over the coming years. On the contrary, high costs and limited scalability potential are key roadblocks for future indoor farming robots market growth in the long run that companies need to keep an eye out for.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Semi-autonomous
Fastest Growth
Fully Autonomous
Growth Rate
22.4% CAGR
Global Indoor Farming Robots Market ($ Bn)
Country Share for Europe Region (%)
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Indoor Farming Robots Market Segmental Analysis
The global indoor farming robots' market is segmented based on type, automation, application, and region. In terms of type, the market is segmented into robot grips, cutting robot, robotic fodder, material handling robot, incubators, monitoring drones, and others. Based on application, the market is bifurcated into fruits, vegetables, and floriculture. Based on automation, the market is bifurcated into semi-autonomous and fully autonomous. Based on region, the market is segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa.
Analysis by Automation
Semi-autonomous indoor farming robots account for a high market share at present. These types of indoor farming robots are less expensive and affordable for most indoor farmers, and this is a key factor that contributes to the massive market share of this segment. Increasing focus on improving the efficiency of farming practices and easy operation also allow semi-autonomous indoor farming robots to hold a prominent share of the global indoor farming robot's marketplace.
Meanwhile, the demand for fully autonomous indoor farming robots is slated to soar high over the coming years. Advancements in robotics technologies and growing awareness regarding the benefits associated with the use of technology in farming applications are slated to promote the sales of fully autonomous indoor farming robots in the future.
Analysis by Type
Robot grippers account for a prominent chunk of the global indoor farming robot sales. Robotic grippers are quite like human hands, and this is why they are used in a multitude of applications such as pick & place, harvesting, and inspection, which are all crucial for a successful indoor farming business. Simple usage and low costs of robot grippers allow them to hold a massive share of the global indoor farming robot's marketplace.
Meanwhile, the demand for monitoring drones is predicted to increase at a robust CAGR across the forecast period. Increasing demand for remote monitoring in farming applications is estimated to bolster the market growth via this segment going forward. Advancements in drone technology coupled with increasing willingness of indoor farmers to spend more on remote monitoring will also boost the demand for monitoring drones in the long run.
Global Indoor Farming Robots Market By Automation
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Indoor Farming Robots Market Regional Insights
Europe is forecasted to account for a major chunk of the global indoor farming robot marketplace. This can be ascribed to the surging popularity of indoor farming practices among farmers in this region and quick adoption of automation practices in the farming sector. Germany, France, and Italy are slated to be the key markets for indoor farming robot's companies in the future. Limited availability of land in this region for conventional agriculture is turning the tide in the favor of indoor farming.
North America is also estimated to be a highly lucrative space for indoor farming robots' providers over the coming years. Rapid adoption of smart farming practices by people in this region is slated to create new opportunities for indoor farming robots' companies going forward. High focus on sustainability, advancements in robotics technology, and labor shortages are also slated to contribute to the growing sales of indoor farming robots in this region. The United States and Canada are predicted to be the top markets in this region.
Global Indoor Farming Robots Market By Region
- Largest
- Fastest
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Indoor Farming Robots Market Dynamics
Drivers
Labor Shortages
- The world is experiencing shortages of skilled labor in almost all industry verticals, and this is also true for the farming sector as well. The labor that is available is quite expensive and reduces the profit margins of farmers, which is projected to promote the adoption of indoor farming robots going forward.
Adoption of Sustainable Farming Practices
- Indoor farming practices take up less space and need less water as crops grow in a controlled environment. This type of farming promotes sustainability and conserves the environment, which is why its demand is slated to surge in the future and resultantly indoor farming robots as well.
Restraints
High Costs
- Initial expenses of purchasing and installing indoor farming robots are extremely high and they keep on increasing as farmers opt for more advanced systems. These high costs are projected to slow down the sales of indoor farming robots in the long run.
Limited Scalability
- The scope of scaling an indoor farm and indoor farming robots is very limited and requires constant innovation to improve the scale marginally. This limited scope of scalability is slated to hurt indoor farming robots market development going forward.
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Indoor Farming Robots Market Competitive Landscape
Leading indoor farming robots' providers should utilize their expertise in robotics, artificial intelligence (AI), and agricultural science to develop innovative indoor farming robots tailored to meet the evolving needs of indoor farming operations worldwide. Companies should also focus on partnerships, collaborations, mergers, and acquisitions to stay ahead of the competition and boost revenue generation. Indoor farming robots market players should also focus on leveraging the increasing focus on sustainability and rising popularity of vertical farming to maximize their sales potential.
Top Player’s Company Profiles
- FodderWorks
- Harvest Automation
- Agribotix.com
- AGCO Corporation
- FarmBot Inc.
- Postscapes
- Metomotion
- DeLaval
- IBM
- Clearpath Robotics Inc.
- DJI
- Root AI
- Javo
- Precision Hawk
- Visser Horti Systems BV
- OnRobot
- AgEagle Aerial Systems
- Iron-Ox
Recent Developments
- In May 2023, Oishii, a renowned name in the vertical farming space, announced that it had partnered with Yaskawa Electric Corp. to optimize its vertical farming through robotic automation solutions. Yaskawa was projected to supply Oishii with robotic arms for its strawberry farm under this partnership.
- In February 2023, Metomotion, a renowned supplier of farming robotics, announced that it had inked a multi-year deal to supply greenhouse robots to RedStar, a leading name in the greenhouse space.
- In November 2021, Iron OX, a leading name in the indoor farming robot space, announced the launch of its new indoor crop-assisting robot called Grover. The new robots have a payload capacity of moving up to 1,000 pounds.
Indoor Farming Robots Key Market Trends
- Rise of Vertical Farming: Growing world population has led to high demand for food but less arable land for farming and this has boosted the adoption and popularity of vertical farming. Vertical farming is usually done indoors, and its rising adoption is slated to create new opportunities for the suppliers of indoor farming robots in the long run.
Indoor Farming Robots Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per Skyquest analysis, labor shortages and growing focus on the adoption of sustainable practices are forecasted to bolster the demand for indoor farming robots over the coming years. Advancements in robotic technologies, growing popularity of vertical farming, and growing demand for farming are other factors that could augment the global indoor farming robots sales outlook going forward. However, the high costs of indoor farming robots are slated to be a key constraint for market growth in the long run. Europe accounts for a dominant share of the global indoor farming robot marketplace owing to rapid adoption of sustainable farming practices and growing acceptance of automation in farming applications. Companies can benefit from the growing popularity of vertical farming and other indoor farming practices in the future.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 185 million |
| Market size value in 2031 | USD 1140.79 million |
| Growth Rate | 22.4% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Indoor Farming Robots Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Indoor Farming Robots Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Indoor Farming Robots Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Indoor Farming Robots Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Indoor Farming Robots Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Indoor Farming Robots Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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