Robotics & Automation News

Market trends and business perspectives

agricultural

Global agriculture robot market expected to quadruple in size by 2026

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The global market for agriculture robots is expected to quadruple in size by 2026, according to a report by Research Dive.

The agriculture robot market size was $4,082.8 million in 2018, and is expected to reach $16,640.4 million by 2026, and will grow at a compound annual growth rate of 19.2 percent.

North America region generated a revenue of $ 1,469.8 million in 2018, and is expected to grow at a CAGR of 18.9 percent. [Read more…] about Global agriculture robot market expected to quadruple in size by 2026

AI and Robots Are Improving Agriculture in 2021

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The integration of machine learning, AI, and IoT devices is nothing new to the modern farm.

Different sensors provide agronomists with valuable, reliable, and relevant data to help them increase their farms’ efficiency by ensuring higher yields and cutting production costs.

This is especially of aid at big farms where it’s necessary to monitor and manage dozens of processes at the same time. [Read more…] about AI and Robots Are Improving Agriculture in 2021

B&R unveils ‘high-end’ computer for autonomous agricultural and construction vehicles

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Industrial automation company B&R, a subsidiary of ABB, is adding a new high-end computer to its mobile automation portfolio.

The company says the new computer offers significantly more processing power and memory, giving it plenty of resources to implement autonomous functions for agricultural and construction vehicles or self-driving transport systems.

The computer is specially designed to perform in harsh environments. The housing temperature can be between -40°C and +85°C. The computer is also highly resistant to shock and vibration. [Read more…] about B&R unveils ‘high-end’ computer for autonomous agricultural and construction vehicles

Agriculture robotics startup Future Acres looking to raise $3 million

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Startup Future Acres is looking to raise $3 million to bring agricultural robotics to the farm industry in order to “optimize workforce efficiency”. 

The initiative to raise up to $3 million in seed capital is being organized through the equity crowdfunding site SeedInvest. The company is producing an autonomous, electric agricultural robotic harvest companion, named Carry, to help farmers gather hand-picked crops faster and with less physical demand.

At a time when farmers are tasked with producing more food than ever before to meet growing global population demands – predicted to get as high as 10 billion people by 2050 – limitations in labor and harvesting tools, in addition to environmental scrutiny, have prevented farmers from staying profitable and scaling their businesses. [Read more…] about Agriculture robotics startup Future Acres looking to raise $3 million

Investment in agricultural automation increases as farmers look to offset labor shortages

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Total investment in agricultural robot startups has increased significantly as farmers look to offset labor shortages partly caused by the coronavirus pandemic, according to a report on the Financial Times website.

Citing data collated by DealRoom.co, the news website says investment in vertical and indoor farming startups has grown by more than 40 percent this year compared with last year.

Indoor farming is basically the process of growing inside large buildings, some of which are like greenhouses and use natural light coming through transparent roofs, while others use artificial lights if their roofs are opaque. [Read more…] about Investment in agricultural automation increases as farmers look to offset labor shortages

Thai agritech startup to use satellite images and AI for farming

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A startup company in Thailand called Ricult is planning to use satellite imagery and artificial intelligence to provide precision agritech services to farmers.

The company recently raised $2 million in new investment, bringing its total funding to $5 million, according to Nikkei. Among its backers are the Bill and Melinda Gates Foundation, and Bangkok Bank.

Ricult – which takes its name from the middle of the agriculture – says it is particularly targeting small-scale farmers with its services. [Read more…] about Thai agritech startup to use satellite images and AI for farming

Sales of US cotton-harvesting machinery to China increase by 4,000 percent

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Sales of US-manufactured cotton-harvesting machinery to China have increased by 4,000 percent, according to a report on the South China Morning Post website.

The news outlet says its own analysis shows that the increase in April of this year was “more than 4,000 percent” when compared with the same month last year.

The main reason for the dramatic increases, says the SCMP, is the possible threat of US sanctions against China which might make it impossible to import hi-tech goods. [Read more…] about Sales of US cotton-harvesting machinery to China increase by 4,000 percent

Agricultural robots and AI: A question of when and not if

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Robotics and artificial intelligence will drive a deep and transformative change in the agricultural world during the coming decades, according to a new report by IDTechEx.

Seeing, localising, and taking plant-specific intelligent action are no longer the exclusive realm of humans, says the research company.

Machines have demonstrated the technical viability and the emphasis has long shifted to the finer details of return on investment, reliability, business model, and so on. [Read more…] about Agricultural robots and AI: A question of when and not if

Denso invests in automated greenhouse provider Certhon Group

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Denso, one of the world’s largest advanced automotive technology suppliers, has invested in Certhon Group, a developer and builder of automated greenshouses.

Certhon operated mainly in Europe and the United States and will collaborate with Denso to expand its horticulture business in the global market, specifically by developing and providing automated greenhouse solutions.

While food demand increases as the global population continues to grow, the number of the agricultural population is decreasing due to demographic aging, unstable wages, and strict work environment. [Read more…] about Denso invests in automated greenhouse provider Certhon Group

Yanmar leads agricultural robotics project to develop ‘SMASH’ system

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Agriculture in the future will see increasing use of scientifically precise farming techniques, where automated “agro-bots” monitor, treat and work the land, using advanced technology designed to help maximise yields and minimise disease. 

With its extensive experience in automation and agricultural mechanisation, agritech specialist Yanmar is now showing the way in advanced field robotics research.

Time for change in our changing times?

It’s hard to think of a more important economic sector than agriculture. This is an industry that directly affects the lives of everyone the world over, despite being beset by challenges from all sides.

Changes in temperature and precipitation are influencing crop yields; farmers and agricultural workers are directly exposed to the effects of weather extremes, while millions more in food-related jobs are already feeling the impact of our changing climate. [Read more…] about Yanmar leads agricultural robotics project to develop ‘SMASH’ system

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