Fruit picking robots are machines used to harvest various fruits such as apples, oranges, mangoes, berries and grapes from orchards and farms. They utilize computer vision and robotic arms equipped with grippers to identify, pick and collect ripe fruits carefully without damaging them. The need for fruit picking robots has increased due to shortage of human labor for the tedious task of fruit harvesting. It ensures consistency and optimal fruit quality compared to manual harvesting. Additionally, it eliminates risks of injury and spread of diseases to farm workers who work day and night round the year.
The Fruit Picking Robots Market is estimated to be valued at US$ 192 Million in 2024 and is expected to exhibit a CAGR of 40% over the forecast period 2024.
Key Takeaways
Key players operating in the Fruit Picking Robots are Octinion, Dogtooth Technologies, Abundant Robotics, FFRobotics, Papple and Harvest Croo.
The growing demand for fruits and vegetables from the burgeoning population has increased the demand for fruit picking robots. They help harvest large volumes of fruits efficiently without compromising on quality.
Leading manufacturers are expanding their business globally with partnerships with local farmers. For instance, Dogtooth partnered with UK based G's Growers to deploy their strawberry picking robots on farms in Spain and worldwide. This would help address labor shortage issues faced by the fruit industry globally.
Market Key Trends
One of the key trends in the Fruit Picking Robots Market Growth is the integration of computer vision and deep learning capabilities. Companies are developing sophisticated visual perception systems to identify and pick fruits precisely based on attributes such as color, size and ripeness. Advanced algorithms help robots select the best fruits without damaging them or leaving any behind. This boosts productivity and minimizes wastage significantly compared to manual harvesting. As the technology advances further, fruit picking robots will revolutionize the agricultural industry globally.
Porter's Analysis
Threat of new entrants: Entry barriers are moderate as it requires technical expertise and capital investments to manufacture fruit picking robots.
Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitutes however quality and price variation attracts them.
Bargaining power of suppliers: Suppliers have low to moderate bargaining power due presence of specialized component manufacturers.
Threat of new substitutes: Threat is moderate as manual labor continues to be used which is a substitute however robotics promises productivity gains.
Competitive rivalry: Intense as major players are coming with innovations to provide better features and performance.
In terms of value, North America region currently holds the major share of fruit picking robots market owing to large scale agriculture and implementation of advanced technologies for harvesting. Central and Eastern Europe region is projected to grow at the fastest pace during the forecast period led by ongoing automation in agriculture sector and focus on precision farming techniques.
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Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)