Japan Agriculture Robots Market is expected to reach USD 846.77 million by 2030
The increasing government support and technological advancements in Asia Pacific are driving up demand for the agriculture robots market during the forecast period.
Japan Agriculture Robots Market is valued at USD 238.73 million in 2022 and is expected to reach USD 846.77 million by 2030, with a CAGR of 16.0% from 2023 to 2030, according to new research by Next Move Strategy Consulting.
Japan has emerged as a prominent global leader in the extensive adoption of agricultural robots. The scarcity of manual labor in the agricultural sector serves as a primary driver for the expansion of the agricultural robot market in the country. Japan's aging population and declining birth rate have led to a diminished workforce available to carry out manual tasks such as planting seeds, harvesting crops, and removing weeds. This demographic transition has further emphasized the requirement for agricultural robots as a viable solution to address the labor shortage in Japan's agricultural industry.
According to the 2020 Census of Agriculture and Forestry in Japan, there has been a 20 percent decline in the number of agricultural workers in five years, with 1.52 million workers recorded in 2020 compared to 1.97 million in 2015. This has led to a growing demand for automated solutions such as robots that can help farmers improve efficiency and reduce the need for manual labor.
However, the substantial upfront expenses related to acquiring and adopting agriculture robots can present a notable obstacle. The initial investment needed to procure robotic equipment, incorporate it into existing farming practices, and train personnel can be financially challenging for numerous farmers, particularly those operating on a smaller scale or with limited resources.
On the contrary, the agricultural industry in Japan is well-positioned to leverage significant technological advancements such as artificial intelligence (AI), machine learning, and robotics. As technology continues to advance, agricultural robots in Japan have the potential to become increasingly sophisticated, intelligent, and proficient in executing a broader spectrum of tasks with enhanced accuracy and efficiency. These advancements in agricultural robotics are expected to create ample opportunity for the market within the country.
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According to the report, leading players in the Japan agriculture robots market include Spread Corporation, Teikoku Toyo Saw Co., Ltd., Yokohama Rubber Co., Ltd., Kubota Corporation, Mitsubishi Heavy Industries, Ltd., Daikin Industries, Ltd., Inaho Corporation, Asaka Works, Ltd., DENSO Corporation, and Nippon Seiki Co., Ltd.
Key Insights from the Japan Agriculture Robots Market Report:
The information related to key drivers, restraints, and opportunities and their impact on the Japan agriculture robots market is provided in the report.
The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.
The market share of players in the Japan agriculture robots market is provided in the report along with their competitive analysis.