In the market for horticultural robotics, mainly startups can be found. One-third of these companies have received financing from venture capitalists in the past five years. Robotics can be particularly used in crop inspection because this process is labor-intensive and time-consuming. Many robotics companies are also involved in the harvesting process. Both generalist and specialized players can be found in this market. This is stated by Oaklins in a horticultural report. Harvest robotics often require crop-specific adjustments because crops vary in shape, size, and growth patterns.
Oaklins expects a more mature market for horticultural robotics by 2030. Investors will play an important role in this.
Frank de Hek, Oaklins' global horticultural specialist, says: "Each sub-segment in horticulture follows its own unique growth and consolidation cycle, with the robotics ecosystem currently leading the growth. This trend is likely to continue throughout the decade. The landscape of market players is currently fragmented but evolving. Internal forces in the sector, such as economies of scale, synergy, professional demand, and the need for an extensive range of services, are driving players to form partnerships in various ways."
"In addition, external forces, including interest from financial investors such as venture capitalists and private equity firms, are attracted by the consolidation potential and significant market growth. This interest is not limited to financial investors; strategic parties outside the sector are also interested. Various market players have already benefited from collaborations with others, including venture capitalists, private equity firms, and strategic partners from different sectors. These collaborations not only accelerate their growth but also enable it in some cases. As a result, we expect an increase in such collaborations in the near future."
For more information:
Frank de Hek
Oaklins
Beethovenstraat 500
1082 PR Amsterdam
Tel: +31 20 416 1303
[email protected]
www.oaklins.com