openPR Logo
Press release

Agriculture Robots Market - The Adoption of Agriculture Robots

Agriculture Robots Market - The Adoption of Agriculture Robots

The global agriculture robots market features a widely diverse competitive landscape characterized by region-wise dominance of prominent players, notes Transparency Market Research (TMR). For instance, the agriculture robots market in North America was dominated Harvest Automation, Inc., Clearpath Robotics, and PrecisionHawk, Inc., in 2015, while in the same year, Naio Technologies and SenseFly SA led the Europe market. In addition, Shibuya Seiki was one of the leading players in the Asia Pacific market for agriculture robots in 2015. Furthermore, driven by abundant lucrative avenues, the market is witnessing a constant influx of emerging players focused to transform agriculture with a variety of robotics and autonomous solutions in farming, observes TMR.

The competition among players is expected to intensify in the coming years. With the advent of specific farming needs in a number of emerging and advanced economies, the agriculture robots market is expected to witness the entry of new players with cutting-edge data technology solutions for automated machines. The global agriculture robots market estimated valuation was US$1.01 bn at the end of 2016, in terms of revenue. Expanding at an impressive CAGR of 24.1% from 2016 to 2024, the market is projected to reach US$5.7 bn by the end of forecast period.

Regionally, the global agriculture robots market was led by North America till 2015. The dominance of the regional market was attributed to a number of early adopters and the rapid pace of technological development in farming. Meanwhile emerging regional markets such as as that of Asia Pacific is predicted to grow at a substantial CAGR during the forecast period. The major application segments of the agriculture robots market comprise field farming, dairy management, indoor farming, and horticulture. Of these, the adoption of agriculture robots in dairy farming and horticulture is anticipated to boost major regional markets.

Obtain Report Details @ https://www.transparencymarketresearch.com/agriculture-robot-market.html

World over, the rapidly rising demand for food is intensifying the need for improving farm productivity on the existing agriculture lands by boosting yield and enhancing productivity. The almost stagnant increase in the agriculture lands available in several countries has mounted pressures on the agriculture sector to maintain a constant food supply of food for a burgeoning population. In addition, the need for supporting a dwindling farming workforce in several urban areas across economies has propelled the demand for agriculture robots.

In a number of developed economies, such as the U.S., a shifting demographics has led to fewer chunk of younger population in farming. This has negatively affected the agriculture sector, catalyzing the demand for automation and robotics solutions in these regions. The need for reducing the use of chemicals by optimizing jobs such as spraying, pick-and-place, and weeding has propelled the demand for agriculture robots. Furthermore, the decline in available workforce for potentially dangerous farming jobs, particularly weeding lettuce, has bolstered the uptake of agriculture robots to complement human labor in these areas.

The accelerating demand for automation to routine farming tasks to make them more productive and curtailing investment in buying expensive machinery are crucial factors boosting the market. This has also led to the demand for agriculture robots, such as driverless tractors, for a variety of specialized tasks including grapevine pruning, strawberry picking, and cow-milking.

Get Sample Copy of this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14573

However, the high investment required in installing agriculture robots and the exorbitant cost of their maintenance and upkeep is a crucial factor likely to hinder the market to an extent. Coupled with this, the integration of these robots with advanced sensor technologies has amplified the cost, thereby limiting their uptake among farmers in cost-sensitive nations. Be that as it may, the growing popularity of farm-bots in precision agriculture to improve harvest in commercial as well as residential farming is expected to accentuate the global market. There is rising adoption of agriculture robots in regulating the pesticide use and ascertaining the overall health of crops.

The growing adoption of telematics sensors has boosted the functional performance of driverless tractors, thereby making them more useful and employable among farmers, especially in developed economies. This is predicted to open lucrative growth avenues for several market players to capitalize on in the forthcoming years.

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Agriculture Robots Market - The Adoption of Agriculture Robots here

News-ID: 1217787 • Views: 188

More Releases from TransparecnyMarketResearch

Radiation Processing Market Top Key Players are IBA, WASIK ASSOCIATES, Jiangsu D …
Radiation processing is the usage of the energy with small wavelength radiations of the electromagnetic spectrum recognized known as ionizing radiations, which includes X-rays, accelerated electrons, and gamma rays to have anticipated effect on the product. The radiation processing is extensively used for industrial applications such as decontamination/ sterilization of pharmaceutical products and crosslinking of wires and cables. The application type is determined by the energy of the electron beam,
Data Center Infrastructure Management Market Expected to Reach US$ 6,862.1 Mn by …
According to a new market report published by Transparency Market Research, the global data center infrastructure management (DCIM) market is expected to reach a value of US$ 6,862.1 Mn by 2026 on account of growing adoption of DCIM software and solutions such as IT asset management and facility management across various industries. The market is projected to expand at a CAGR of 18.1% during the forecast period from 2018 to
Personal Cloud Market - Usage of Portable Devices Such As Tablets and Multimedia …
A personal cloud is a form of cloud storage for home users to store personalized data such as photos, videos, documents; it can also be used to stream multimedia. It is similar to a private cloud, but provides enhanced control. Personal clouds are also referred to as personal cloud storage, mobile cloud storage, and pocket cloud storage. Personal cloud works on the ‘pay-as-you-go’ pricing model; therefore, as long the user
Nanosilver Inks Market Industry Analysis, Size, Share, Growth, Trends and Foreca …
Nanosilver inks are printing materials, ideal for printing electronic devices on papers or plastics. Nanosilver ink products are ideal for low viscosity printing, flexographic, a feature of gravure, and inkjet printing. These products are specifically engineered for high volume printing techniques such as gravure, offset, and flexographic and are gaining interest to satisfy the demand of high throughput processes, even though they are not in competition with inkjet inks in

All 5 Releases


More Releases for TMR

TMR Research
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
TMR
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
TMR - 3D Printing Materials Market by 2020
The global 3D printing materials market will exhibit a CAGR of 18.0% between 2014 and 2020. The market was valued at US$450 mn in 2013 and is expected to reach US$1.4 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “3D Printing Materials - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” is available for sale
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the