Automation in Agriculture Market is Projected to Expand at a Steady CAGR over the Forecast by 2028 Covid-19 Analysis | AGCO, AgJunction, DeLaval
The increasing interest in technology and automation is ostensible in venture capital investments for agritech startups. These startups are increasingly addressing every aspect of the agriculture value chain. Few startups place remote sensors in the fields to gather hyper-local data about rising conditions while others are focusing on creating software for managing seed, fertilizer, soil, and irrigation, and make estimates about timing and yield. A rising group of companies is further working on agricultural robotics to develop autonomous tractors and even fruit & vegetable picking robots.
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The Automation in Agriculture Market report focuses on the economic developments and consumer spending trends across different countries for the forecast period 2020 to 2028. Studies also show which countries and regions will perform better in the coming years. In addition, the study talks about growth rate, market share and the latest developments in the Automation in Agriculture industry around the world. In addition, the special mention of the most important market participants contributes to the importance of the entire market study.
The Automation in Agriculture Market Report mainly contains the following Manufacturers: AGCO Corporation, AgEagle Aerial Systems, Inc., AgJunction, American Robotics, Inc., Deere and Company, DeLaval, Ecorobotix, Rabbit Tractor, Topcon Corporation, Trimble Inc.
The major factors that are boosting the growth of the automation in agriculture market are the rising population and growing labor shortage, encouraging automation and maturing IoT & navigation technologies that are boosting down the cost of automation. In addition, the usage of real-time multimodal robot systems in the field is anticipated to provide significant growth opportunities for the automation in agriculture market growth in the coming years.
The research report also includes global market figures which provide historical data as well as estimated figures. There is a clear picture of the growth rate of the market during the forecast period. The report is designed to provide readers with quantifiable data collected from verified data. The report attempts to answer all of the difficult questions such as market size and business strategies.
Automation in Agriculture Market Segment by Regions, Regional analysis covers: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries.
Answers That the Report Acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Automation in Agriculture Market.
• Key market trends cracking up the growth of the Automation in Agriculture Market.
• Challenges to market growth.
• Key vendors of Automation in Agriculture Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Automation in Agriculture Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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