Gong Jiaqin, co-founder of XAG Co Ltd, a global leader in agricultural robotics based in Guangzhou, Guangdong province, said that the urgent shift toward mechanization in agriculture worldwide presents promising growth opportunities for the company.
Citing labor shortages and the mounting challenges posed by climate change as key driving forces, he told a media tour on Monday that the trend toward mechanizing cultivation tasks is not only inevitable, but essential for the future of agriculture.
Since 2013, the company has developed agricultural robots that he said are efficient, affordable, and applicable to more agricultural scenarios. The company's products range from agricultural drones, unmanned vehicles, and smart farm Internet of Things devices to comprehensive smart agriculture solutions.
Currently, XAG's business covers 70 countries and regions worldwide, including Southeast Asia, South America, North America, and Europe. According to Frost & Sullivan, in 2024, XAG ranked second in the global agricultural robotics and agricultural drone industries with market shares of 10.7 percent and 17.1 percent, respectively.
Gong noted that the adoption of agricultural drones in China is still in its early stages, with only about 8 percent of farmland equipped with such devices, meaning that more than 90 percent of farmland still lacks drone technology, offering significant growth potential in the Chinese market.
