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: 357

More Releases from TransparecnyMarketResearch

Viscosupplementation Market projected to expand at a CAGR of ~7% from 2019 to 20 …
According to the report, the global viscosupplementation market was valued at ~US$ 2.6 Bn in 2018 and is projected to expand at a CAGR of ~7% from 2019 to 2027. Viscosupplementation can be performed using three primary injection types: single injection, three injections, and five injections. Applications of viscosupplementation injection include knee osteoarthritis, hip osteoarthritis, and hand osteoarthritis. Growth of the global viscosupplementation market can be attributed to rise in
Cardiac Safety Services Market Size, Status, Scope and Growth Prospects 2020 - 2 …
Cardiac Safety Services Market: Introduction • Cardiac safety services can be defined as services that deal with supporting and designing clinical trials and other studies required for the monitoring of cardiac safety • Cardiac safety services are focused on monitoring the entire cardiac safety profile across various phases of clinical trials, including Phase I to Phase IV. These studies are done in compliance with FDA, PMDA, EMA, and other regulatory bodies. • Cardiovascular safety assessment services
Female Stress Urinary Incontinence Treatment Device Market set to witness surge …
Global Female Stress Urinary Incontinence Treatment Device Market – Overview Female stress urinary incontinence can be segmented in two ways – urethral hypermobility and intrinsic sphincter deficiency (ISD). For women suffering from urethral hypermobility, slings are the most common treatment method. However, the patient may still end up with stress urinary incontinence because of ISD. Enlarged prostate, excessive urine formation, Parkinson’s syndrome, and muscle damage are some of the key factors
General Anesthesia Drugs Market set to witness surge in demand over the forecast …
General anesthesia drugs are administered to a patient to bring state of reversible unconsciousness and unresponsiveness before and during surgery. General anesthesia drugs are administered intravenously and by inhalation of anesthetic gases using masks. Sometimes based on the condition, both the routes are used simultaneously to anesthetize the patient. The patient administered with these drugs lose consciousness and does not feel pain during and after surgery and wakes up with

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
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
TMR - Electrical Submersible Pumps Market by 2022
A large number of prominent enterprises with strong brands currently represent the majority in the global electrical submersible pumps (ESPs) market. This provides the market with a highly competitive vendor landscape. According to Transparency Market Research (TMR), the top four companies operating in the market, comprising Schlumberger Limited, Borets Company, LLC, Baker Hughes Incorporated, and GE Oil & Gas, held over 86% of the global ESP market in 2013. In
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