Autonomous Agriculture Equipment Market Future Outlook, COVID-19 Impact Ana

Autonomous Agriculture Equipment Market Future Outlook, COVID-19 Impact Analysis, Forecast 2020-2026

Amanpreet Singh
Amanpreet Singh
4 min read

Agricultural efficiency across the globe has been significantly increasing over the last two decades. With the exponential growth of the global population, the subsequent increase in global food demand, the decrease in agricultural land, and the depletion of limited natural resources, the need to improve agricultural yield has become critical. The rise in the urban population in developing countries, with the improvement of quality of living due to high-income levels and the demand for fresh farm produce and animal protein, is bolstering the demand for crop production. The finite presence of natural resources, such as arable land and freshwater, along with falling farm yield trends in many crop categories, have encouraged the growers and agricultural companies to introduce innovative and advanced agriculture equipment to boost farm profitability.

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The farming industry has witnessed numerous revolutions over decades, starting from the domestication of livestock and crops to the organized use of crop rotation with the introduction of advanced farming technologies. To address the rising demand for food from the limited agricultural land and labor available, technology providers are introducing innovative solutions in the farming arena. In recent years, the autonomous agriculture equipment market has witnessed sharp growth in terms of technological advancements and cost reduction. Moreover, the rapid growth of the practice of contract farming services and corporate partnerships has led to the increased demand for autonomous agriculture equipment across the globe.

Autonomous agricultural equipment are rapidly evolving across the globe. Digitalization, automation, and artificial intelligence are playing a major role in crop production, including weeding, harvesting, pest control, among others. Autonomous equipment in the agriculture sector support environmentally sustainable practices. Such equipment allow spot weeding and precision management of pests, nutrients, weeds, and diseases, through mechanical removal or spot application of chemicals. Autonomous equipment also helps to substitute labor shortage, particularly when there is limited availability, therefore increases social sustainability.

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Agricultural automation offers power and equipment requirements for organizing the soil and maintaining, establishing, storing, processing agricultural crops on the farm. For the last 50 years, the agriculture sector has been witnessing evolution, from basic hand tools, animal-powered implements to sophisticated engine-powered equipment. However, in some developing countries, conventional agriculture equipment are still common, which is hampering agricultural productivity and negatively affecting the livelihoods of small-scale farmers. Digitalization in the agriculture sector helps in the development of the farm by reducing drudgery and eliminating hard work during labor peaks.

To tackle the growing demand for food impacted by the growth in the global population, farmers and producers are enacting digital technologies in agriculture. Due to this, autonomous equipment are being widely adopted as these reduce the chances of human errors and increase efficiency in farming operations. With the use of autonomous equipment, advanced smart farming technologies such as global positioning system (GPS), Internet of Things (IoT), Artificial Intelligence (AI), remote sensing, and cloud computing can be easily deployed, further positively impacting the smart farming industry.

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