South Korea Agriculture Robots Market by Type (Driverless Tractors, Unmanned Aerial Vehicles (UAVs), Milking Robots, Automated Harvest Robots, and Others), Offering (Hardware, Software, and Services), Farming Type (Indoor Farming and Outdoor Farming), Application (Dairy Management, Irrigation Management, Harvest Management, Soil Management, Inventory Management, and Others), and End User (Field Crops, Fruits & Vegetables, Livestock, and Others) – Opportunity Analysis and Industry Forecast 2023–2030

South Korea Agriculture Robots Market

Industry:  ICT & Media | Publish Date: Jul 2023 | No of Pages:  89 | No. Tables:  73 | No. Figures:  31

Market Definition

South Korea Agriculture Robots Market was valued at USD 70.31 million in 2022, and is predicted to reach USD 290.32 million by 2030, with a CAGR of 18.2% from 2023 to 2030. Agricultural robots are machines that use advanced technology to perform tasks in farming, such as planting, harvesting, monitoring, and spraying crops. They are designed to improve efficiency, production, and precision in agriculture, while reducing the need for manual labor and improving the working conditions of farmers.

Agribots are sophisticated robots that use sensors, actuators, and algorithms to sense their surroundings, make decisions, and perform tasks. They use GPS or mapping technology to navigate through fields and perform a variety of agricultural activities, such as planting seeds, harvesting crops, applying pesticides or fertilizers, and monitoring crop health. They use computer vision technology to identify crops and weeds, detect pests and diseases, and take precise actions based on the information they gather

Transforming South Korea's Agriculture through Smart Technology and Automation

South Korea's agricultural industry has undergone considerable development from traditional agriculture to smart agriculture. The gross domestic product (GDP) from the agriculture, forestry, and fishery kept a steady level throughout the years and accounted for roughly 1.75% of the total GDP. The growth of automation technology in agriculture is driven by the increasing demand for food, due to the growing population and changing consumer preferences. This has put pressure on the agriculture industry to increase productivity and efficiency. For example, in August 2021, South Korea has localized a milking machine that uses a robot arm to autonomously extract milk, thus reducing burden off old dairy farmers. Thus, it is expected to create significant growth of the market within the country.

 

Promoting Sustainable Farming Practices with Agriculture Robots in South Korea

South Korea's focus on sustainability aligns with the potential of agriculture robots to support eco-friendly farming practices. By reducing the use of agrochemicals, optimizing resource consumption, and implementing precision agriculture techniques, robots contribute to sustainable farming systems. Agriculture robots can help South Korean farmers meet the increasing demand for environmentally friendly and ethically produced agricultural products, which is expected to create significant growth of the agriculture market in the future. 

 

Financial Barriers Hindering Widespread Adoption of Agricultural Robots in South Korea

The large initial expenditure necessary to buy, integrate, and maintain sophisticated robotic systems is a key obstacle to agricultural robot adoption in South Korea. This is particularly true for small-scale farmers and those with limited financial means. The initial costs of procuring the required technology and equipment, as well as training workers to operate and maintain the robots, provide a considerable financial hurdle. As a result, the broad deployment of agricultural robots is hampered, which is expected to restrain the growth of the market.

Agriculture in South Korea leveraging Advanced Robotics Technology

The advancements in technology have made it possible to develop agriculture robots that are more sophisticated, precise, and cost-effective. These robots are equipped with sensors, cameras, and other advanced technologies that help farmers in monitoring their crops and soil health, optimizing irrigation, and reducing the use of pesticides, which is expected to create ample opportunities for the agriculture market in the future.

 

Competitive Landscape

The Agriculture Robots industry includes several market players such as Doosan Robotics, LG CNS, Samsung Techwin, Shinhan Robot, Woojin Robot, Yokogawa Electric, ZMP, Aerofarms, Kigo, and FarmWise.

KEY BENEFITS

  • The South Korea agriculture robots market report provides a quantitative analysis of the current market and estimations through 2023-2030 that assists in identifying the prevailing market opportunities to capitalize on.

  • The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.

  • The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.

  • The competitive analysis of the market players along with their market share in the South Korea agriculture robots market.

  • The SWOT analysis and Porter’s Five Forces model are elaborated in the study.

  • Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.

SOUTH KOREA AGRICULTURE ROBOTS MARKET KEY SEGMENTS

By Component 

  • Driverless Tractors

  • Unmanned Aerial Vehicles (UAVs)

  • Milking Robots

  • Automated Harvest Robots

  • Others 

By Offering

  • Hardware

  • Software

  • Services

By Farming Type

  • Indoor Farming

  • Outdoor Farming

By Application

  • Dairy Management

  • Irrigation Management

  • Harvest Management

  • Soil Management

  • Inventory Management

  • Others 

By End User

  • Field Crops

  • Fruits & Vegetables

  • Livestock

  • Others

1. INTRODUCTION

1.1.    REPORT DESCRIPTION

1.2.    WHO SHOULD READ THIS REPORT 

1.3.    KEY MARKET SEGMENTS

1.4.    KEY MARKET PLAYERS

1.5.    RESEARCH METHODOLOGY

1.5.1         SECONDARY RESEARCH

1.5.2         DATA ANALYSIS FRAMEWORK

1.5.3         MARKET SIZE ESTIMATION

1.5.4         FORECASTING

1.5.5         PRIMARY RESEARCH AND DATA VALIDATION

2. SOUTH KOREA AGRICULTURE ROBOTS MARKET

2.1.1.1       SOUTH KOREA

2.1.1.1.1       SOUTH KOREA AGRICULTURE ROBOTS MARKET, BY TYPE

2.1.1.1.2       SOUTH KOREA AGRICULTURE ROBOTS MARKET, BY OFFERING

2.1.1.1.3       SOUTH KOREA AGRICULTURE ROBOTS MARKET, BY FARMING TYPE

2.1.1.1.4       SOUTH KOREA AGRICULTURE ROBOTS MARKET, BY APPLICATION

2.1.1.1.5       SOUTH KOREA AGRICULTURE ROBOTS MARKET, BY END USE

3. COMPANY PROFILE

3.1.    GEA GROUP

3.1.1         COMPANY OVERVIEW

3.1.2         COMPANY SNAPSHOT

3.1.3         OPERATING BUSINESS SEGMENTS

3.1.4         PRODUCT PORTFOLIO

3.1.5         BUSINESS PERFORMANCE

3.1.6         SALES BY BUSINESS SEGMENT

3.1.7         SALES BY GEOGRAPHIC SEGMENT

3.1.8         KEY STRATEGIC MOVES & DEVELOPMENTS

3.1.9         PRIMARY MARKET COMPETITORS

3.2.    CNH INDUSTRIAL

3.2.1         COMPANY OVERVIEW

3.2.2         COMPANY SNAPSHOT

3.2.3         OPERATING BUSINESS SEGMENTS

3.2.4         PRODUCT PORTFOLIO

3.2.5         BUSINESS PERFORMANCE

3.2.6         SALES BY BUSINESS SEGMENT

3.2.7         SALES BY GEOGRAPHIC SEGMENT

3.2.8         KEY STRATEGIC MOVES & DEVELOPMENTS

3.2.9         PRIMARY MARKET COMPETITORS

3.3.    DELAVAL

3.3.1         COMPANY OVERVIEW

3.3.2         COMPANY SNAPSHOT

3.3.3         PRODUCT PORTFOLIO

3.3.4         KEY STRATEGIC MOVES & DEVELOPMENTS

3.3.5         PRIMARY MARKET COMPETITORS

3.4.    DEERE & COMPANY

3.4.1         COMPANY OVERVIEW

3.4.2         COMPANY SNAPSHOT

3.4.3         OPERATING BUSINESS SEGMENTS

3.4.4         PRODUCT PORTFOLIO

3.4.5         BUSINESS PERFORMANCE

3.4.6         SALES BY BUSINESS SEGMENT

3.4.7         SALES BY GEOGRAPHIC SEGMENT

3.4.8         KEY STRATEGIC MOVES & DEVELOPMENTS

3.4.9         PRIMARY MARKET COMPETITORS

3.5.    AGCO CORPORATION

3.5.1         COMPANY OVERVIEW

3.5.2         COMPANY SNAPSHOT

3.5.3         OPERATING BUSINESS SEGMENTS

3.5.4         PRODUCT PORTFOLIO

3.5.5         BUSINESS PERFORMANCE

3.5.6         SALES BY GEOGRAPHIC SEGMENT

3.5.7         KEY STRATEGIC MOVES & DEVELOPMENTS

3.5.8         PRIMARY MARKET COMPETITORS

3.6.    TRIMBLE INC.

3.6.1         COMPANY OVERVIEW

3.6.2         COMPANY SNAPSHOT

3.6.3         OPERATING BUSINESS SEGMENTS

3.6.4         PRODUCT PORTFOLIO

3.6.5         BUSINESS PERFORMANCE

3.6.6         SALES BY BUSINESS SEGMENT

3.6.7         SALES BY GEOGRAPHIC SEGMENT

3.6.8         KEY STRATEGIC MOVES & DEVELOPMENTS

3.6.9         PRIMARY MARKET COMPETITORS

3.7.    NAIO TECHNOLOGIES

3.7.1         COMPANY OVERVIEW

3.7.2         COMPANY SNAPSHOT

3.7.3         PRODUCT PORTFOLIO

3.7.4         KEY STRATEGIC MOVES & DEVELOPMENTS

3.7.5         PRIMARY MARKET COMPETITORS

3.8.    YANMAR HOLDINGS CO. LTD.

3.8.1         COMPANY OVERVIEW

3.8.2         COMPANY SNAPSHOT

3.8.3         PRODUCT PORTFOLIO

3.8.4         KEY STRATEGIC MOVES & DEVELOPMENTS

3.8.5         PRIMARY MARKET COMPETITORS

3.9.    SZ DJI TECHNOLOGY CO. LTD.

3.9.1         COMPANY OVERVIEW

3.9.2         COMPANY SNAPSHOT

3.9.3         PRODUCT PORTFOLIO

3.9.4         KEY STRATEGIC MOVES & DEVELOPMENTS

3.9.5         PRIMARY MARKET COMPETITORS

3.10.  BOUMATIC

3.10.1       COMPANY OVERVIEW

3.10.2       COMPANY SNAPSHOT

3.10.3       PRODUCT PORTFOLIO

3.10.4       KEY STRATEGIC MOVES & DEVELOPMENTS

3.10.5       PRIMARY MARKET COMPETITORS

3.11.  HARVEST AUTOMATION INC

3.11.1       COMPANY OVERVIEW

3.11.2       COMPANY SNAPSHOT

3.11.3       PRODUCT PORTFOLIO

3.11.4       KEY STRATEGIC MOVES & DEVELOPMENTS

3.11.5       PRIMARY MARKET COMPETITORS

3.12.  AUTONOMOUS SOLUTION INC

3.12.1       COMPANY OVERVIEW

3.12.2       COMPANY SNAPSHOT

3.12.3       PRODUCT PORTFOLIO

3.12.4       KEY STRATEGIC MOVES & DEVELOPMENTS

3.12.5       PRIMARY MARKET COMPETITORS

3.13.  CLEARPATH ROBOTICS

3.13.1       COMPANY OVERVIEW

3.13.2       COMPANY SNAPSHOT

3.13.3       PRODUCT PORTFOLIO

3.13.4       KEY STRATEGIC MOVES & DEVELOPMENTS

3.13.5       PRIMARY MARKET COMPETITORS

3.14.  AGEAGLE AERIAL SYSTEM

3.14.1       COMPANY OVERVIEW

3.14.2       COMPANY SNAPSHOT

3.14.3       OPERATING BUSINESS SEGMENTS

3.14.4       PRODUCT PORTFOLIO

3.14.5       BUSINESS PERFORMANCE

3.14.6       SALES BY BUSINESS SEGMENT

3.14.7       SALES BY GEOGRAPHIC SEGMENT

3.14.8       KEY STRATEGIC MOVES & DEVELOPMENTS

3.14.9       PRIMARY MARKET COMPETITORS

3.15.  KUBOTA CORPORATION

3.15.1       COMPANY OVERVIEW

3.15.2       COMPANY SNAPSHOT

3.15.3       OPERATING BUSINESS SEGMENTS

3.15.4       PRODUCT PORTFOLIO

3.15.5       BUSINESS PERFORMANCE

3.15.6       SALES BY BUSINESS SEGMENT

3.15.7       SALES BY GEOGRAPHIC SEGMENT

3.15.8       KEY STRATEGIC MOVES & DEVELOPMENTS

3.15.9      PRIMARY MARKET COMPETITORS

LIST OF TABLES

TABLE 1. SOUTH KOREA AGRICULTURE ROBOTS MARKET VALUE, BY TYPE, 2022-2030, MILLION USD

TABLE 2. SOUTH KOREA AGRICULTURE ROBOTS MARKET VOLUME, BY TYPE, 2022-2030, UNITS

TABLE 3. SOUTH KOREA AGRICULTURE ROBOTS MARKET VALUE, BY OFFERING, 2022-2030, MILLION USD

TABLE 4. SOUTH KOREA AGRICULTURE ROBOTS MARKET VALUE, BY FARMING TYPE, 2022-2030, MILLION USD

TABLE 5. SOUTH KOREA AGRICULTURE ROBOTS MARKET VOLUME, BY FARMING TYPE, 2022-2030, UNITS

TABLE 6. SOUTH KOREA AGRICULTURE ROBOTS MARKET VALUE, BY APPLICATION, 2022-2030, MILLION USD

TABLE 7. SOUTH KOREA AGRICULTURE ROBOTS MARKET VOLUME, BY APPLICATION, 2022-2030, UNITS

TABLE 8. SOUTH KOREA AGRICULTURE ROBOTS MARKET VALUE, BY END USE, 2022-2030, MILLION USD

TABLE 9. SOUTH KOREA AGRICULTURE ROBOTS MARKET VOLUME, BY END USE, 2022-2030, UNITS

TABLE 10. GEA GROUP: COMPANY SNAPSHOT

TABLE 11. GEA GROUP: OPERATING SEGMENTS

TABLE 12. GEA GROUP: PRODUCT PORTFOLIO

TABLE 13. GEA GROUP: BUSINESS SEGMENT

TABLE 14. GEA GROUP: GEOGRAPHIC SEGMENT

TABLE 15. GEA GROUP: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 16. CNH INDUSTRIAL: COMPANY SNAPSHOT

TABLE 17. CNH INDUSTRIAL: OPERATING SEGMENTS

TABLE 18. CNH INDUSTRIAL: PRODUCT PORTFOLIO

TABLE 19. CNH INDUSTRIAL: BUSINESS SEGMENT

TABLE 20. CNH INDUSTRIAL: GEOGRAPHIC SEGMENT

TABLE 21. CNH INDUSTRIAL: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 22. DELAVAL: COMPANY SNAPSHOT

TABLE 23. DELAVAL: PRODUCT PORTFOLIO

TABLE 24. DELAVAL: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 25. DEERE & COMPANY: COMPANY SNAPSHOT

TABLE 26. DEERE & COMPANY: OPERATING SEGMENTS

TABLE 27. DEERE & COMPANY: PRODUCT PORTFOLIO

TABLE 28. DEERE & COMPANY: BUSINESS SEGMENT

TABLE 29. DEERE & COMPANY: GEOGRAPHIC SEGMENT

TABLE 30. DEERE & COMPANY: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 31. AGCO CORPORATION: COMPANY SNAPSHOT

TABLE 32. AGCO CORPORATION: OPERATING SEGMENTS

TABLE 33. AGCO CORPORATION: PRODUCT PORTFOLIO

TABLE 34. AGCO CORPORATION: GEOGRAPHIC SEGMENT

TABLE 35. AGCO CORPORATION: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 36. TRIMBLE INC: COMPANY SNAPSHOT

TABLE 37. TRIMBLE INC: OPERATING SEGMENTS

TABLE 38. TRIMBLE INC: PRODUCT PORTFOLIO

TABLE 39. TRIMBLE INC: BUSINESS SEGMENT

TABLE 40. TRIMBLE INC: GEOGRAPHIC SEGMENT

TABLE 41. TRIMBLE INC: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 42. NAIO TECHNOLOGIES: COMPANY SNAPSHOT

TABLE 43. NAIO TECHNOLOGIES: PRODUCT PORTFOLIO

TABLE 44. NAIO TECHNOLOGIES: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 45. YANMAR HOLDINGS CO. LTD.: COMPANY SNAPSHOT

TABLE 46. YANMAR HOLDINGS CO. LTD.: PRODUCT PORTFOLIO

TABLE 47. YANMAR HOLDINGS CO. LTD.: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 48. SZ DJI TECHNOLOGY CO. LTD.: COMPANY SNAPSHOT

TABLE 49. SZ DJI TECHNOLOGY CO. LTD.: PRODUCT PORTFOLIO

TABLE 50. SZ DJI TECHNOLOGY CO. LTD.: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 51. BOUMATIC: COMPANY SNAPSHOT

TABLE 52. BOUMATIC: PRODUCT PORTFOLIO

TABLE 53. BOUMATIC: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 54. HARVEST AUTOMATION INC: COMPANY SNAPSHOT

TABLE 55. HARVEST AUTOMATION INC: PRODUCT PORTFOLIO

TABLE 56. AUTONOMOUS SOLUTION INC: COMPANY SNAPSHOT

TABLE 57. AUTONOMOUS SOLUTION INC: PRODUCT PORTFOLIO

TABLE 58. AUTONOMOUS SOLUTION INC: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 59. CLEARPATH ROBOTICS: COMPANY SNAPSHOT

TABLE 60. CLEARPATH ROBOTICS: PRODUCT PORTFOLIO

TABLE 61. CLEARPATH ROBOTICS: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 62. AGEAGLE AERIAL SYSTEM: COMPANY SNAPSHOT

TABLE 63. AGEAGLE AERIAL SYSTEM: OPERATING SEGMENTS

TABLE 64. AGEAGLE AERIAL SYSTEM: PRODUCT PORTFOLIO

TABLE 65. AGEAGLE AERIAL SYSTEM: BUSINESS SEGMENT

TABLE 66. AGEAGLE AERIAL SYSTEM: GEOGRAPHIC SEGMENT

TABLE 67. AGEAGLE AERIAL SYSTEM: KEY STRATEGIC MOVES & DEVELOPMENTS

TABLE 68. KUBOTA CORPORATION: COMPANY SNAPSHOT

TABLE 69. KUBOTA CORPORATION: OPERATING SEGMENTS

TABLE 70. KUBOTA CORPORATION: PRODUCT PORTFOLIO

TABLE 71. KUBOTA CORPORATION: BUSINESS SEGMENT

TABLE 72. KUBOTA CORPORATION: GEOGRAPHIC SEGMENT

TABLE 73. KUBOTA CORPORATION: KEY STRATEGIC MOVES & DEVELOPMENTS

LIST OF FIGURES

FIGURE 1. SOUTH KOREA AGRICULTURE ROBOTS MARKET VALUE, BY TYPE, 2022-2030, MILLION USD

FIGURE 2. SOUTH KOREA AGRICULTURE ROBOTS MARKET VOLUME, BY TYPE, 2022-2030, UNITS

FIGURE 3. SOUTH KOREA AGRICULTURE ROBOTS MARKET VALUE, BY OFFERING, 2022-2030, MILLION USD

FIGURE 4. SOUTH KOREA AGRICULTURE ROBOTS MARKET VALUE, BY FARMING TYPE, 2022-2030, MILLION USD

FIGURE 5. SOUTH KOREA AGRICULTURE ROBOTS MARKET VOLUME, BY FARMING TYPE, 2022-2030, UNITS

FIGURE 6. SOUTH KOREA AGRICULTURE ROBOTS MARKET VALUE, BY APPLICATION, 2022-2030, MILLION USD

FIGURE 7. SOUTH KOREA AGRICULTURE ROBOTS MARKET VOLUME, BY APPLICATION, 2022-2030, UNITS

FIGURE 8. SOUTH KOREA AGRICULTURE ROBOTS MARKET VALUE, BY END USE, 2022-2030, MILLION USD

FIGURE 9. SOUTH KOREA AGRICULTURE ROBOTS MARKET VOLUME, BY END USE, 2022-2030, UNITS

FIGURE 10. GEA GROUP: NET SALES, 2019–2021 ($MILLION)

FIGURE 11. GEA GROUP: PRIMARY MARKET COMPETITORS

FIGURE 12. CNH INDUSTRIAL: NET SALES, 2019–2021 ($MILLION)

FIGURE 13. CNH INDUSTRIAL: PRIMARY MARKET COMPETITORS

FIGURE 14. DELAVAL: PRIMARY MARKET COMPETITORS

FIGURE 15. DEERE & COMPANY: NET SALES, 2019–2021 ($MILLION)

FIGURE 16. DEERE & COMPANY: PRIMARY MARKET COMPETITORS

FIGURE 17. AGCO CORPORATION: NET SALES, 2019–2021 ($MILLION)

FIGURE 18. AGCO CORPORATION: PRIMARY MARKET COMPETITORS

FIGURE 19. TRIMBLE INC: NET SALES, 2019–2021 ($MILLION)

FIGURE 20. TRIMBLE INC: PRIMARY MARKET COMPETITORS

FIGURE 21. NAIO TECHNOLOGIES: PRIMARY MARKET COMPETITORS

FIGURE 22. YANMAR HOLDINGS CO. LTD.: PRIMARY MARKET COMPETITORS

FIGURE 23. SZ DJI TECHNOLOGY CO. LTD.: PRIMARY MARKET COMPETITORS

FIGURE 24. BOUMATIC: PRIMARY MARKET COMPETITORS

FIGURE 25. HARVEST AUTOMATION INC: PRIMARY MARKET COMPETITORS

FIGURE 26. AUTONOMOUS SOLUTION INC: PRIMARY MARKET COMPETITORS

FIGURE 27. CLEARPATH ROBOTICS: PRIMARY MARKET COMPETITORS

FIGURE 28. AGEAGLE AERIAL SYSTEM: NET SALES, 2019–2021 ($MILLION)

FIGURE 29. AGEAGLE AERIAL SYSTEM: PRIMARY MARKET COMPETITORS

FIGURE 30. KUBOTA CORPORATION: NET SALES, 2019–2021 ($MILLION)

       FIGURE 31. KUBOTA CORPORATION: PRIMARY MARKET COMPETITORS

KEY PLAYERS

  • Doosan Robotics

  • LG CNS

  • Samsung Techwin

  • Shinhan Robot

  • Woojin Robot

  • Yokogawa Electric

  • ZMP

  • Aerofarms

  • Kigo

  • FarmWise


Frequently Asked Questions
What will be the worth of South Korea agriculture robots market by the end of 2030?

According to the report published by Next Move Strategy Consulting, the South Korea agriculture robots market business is expected to hit at $290.32 billion (USD) by 2030.

Which are the top companies in the South Korea agriculture robots industry?

Doosan Robotics, LG CNS, Samsung Techwin, Shinhan Robot, Woojin Robot, Yokogawa Electric, ZMP, Aerofarms, Kigo, and FarmWise.

What are the market segmentations and scope of the study?

The South Korea agriculture robots market share analysis is based on component, offering, farming type, application, end-user, and geography.

What factors are driving the growth of the agricultural robots market in South Korea?

Advanced robotics technology, precision agriculture, and technological advancements are the driving factors fueling the growth of the agricultural robots market in South Korea.

What factors are hindering the growth of the agricultural robots market in South Korea?

The growth of the agricultural robots market in South Korea is impeded by two main factors: the high initial investment required and limited awareness and understanding of the technology among potential users.