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Global Agricultural Robots Market Expected to Progress at $17610.54 Million by 2028

04-06-2023 01:46 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Triton Market Research

Agricultural Robots Market

Agricultural Robots Market

A recent study by Triton Market Research titled Global Agricultural Robots Market includes the Global Analysis and Forecasts by Type (Automated Harvesting System, Driverless Tractor, UAVs/ Drone Milking Robot, Other Types), Application (Crop Production, Harvest Management, Dairy and Livestock Management, Other Applications), and Geography (North America, Latin America, Europe, Asia-Pacific, Middle East and Africa).

Robots are used in the agricultural sector to manage crops efficiently and in minimum time. The application of robots in the field is for crop production, harvest management, dairy and livestock management, and other applications.

Request a Free Sample of the Global Agricultural Robots Market Report @ https://www.tritonmarketresearch.com/reports/agricultural-robots-market#request-free-sample

Triton Market Research's report indicates that the global market for agricultural robots is set to progress at a CAGR of 19.98%, gaining a revenue worth $17610.53 million by 2028.

Several problems in the agricultural sector, such as a shortage of skilled labor and pesticide reduction, drive the demand for robotics. Further, robots can work continuously and provide quality work without error, making the farming process cost-effective and less time-consuming. These factors are driving the growth of the agricultural robots market.

However, expensive maintenance of robots, high cost of robot software, and technical limitations are restraining the market growth. The development of HRI tools and robot software is essential to operate the robots efficiently. Further, it is essential to timely maintain robots to remove technical glitches or fix bugs. A failure to do so can create problems in the machine's functioning and thus affect the procedure.

The agricultural robots market is bifurcated into type and application. The type segment includes automated harvesting systems, driverless tractors, UAVs/drone milking robots, and other types. And based on the application segment, it is branched into crop production, harvest management, dairy and livestock management, and other applications.

North America leads the agricultural robots market globally. The North American economy has benefited from the agriculture sector as agricultural production and activities have grown over time, increasing the employment rate.

Although, with the lack of skilled labor, the farmers have started to depend heavily on agricultural robots. Robotics has entered the agriculture sector to monitor activities like monoculture, increase the use of pesticides, and ease the procedure, boosting the region's market growth.

CNH Industrial, Trimble Inc, Precision AI, Autonomous Solutions Inc, Lely Holdings SARL, AGCO Corporation, Deere & Company, EcoRobotix, BouMatic Robotics BV, PrecisionHawk Inc, Agrobot, Naïo Technologies, Harvest Automation, Robotics Plus Ltd, and Rowbot are established firms in the global agricultural robots market.

Purchase this report @ https://www.tritonmarketresearch.com/reports/agricultural-robots-market#purchase-option

Question & Answer: Agricultural Robots Market

Question 1: What factors are driving the growth of the agricultural robots market?

Answers: Several problems in the agricultural sector, such as a shortage of skilled labor and pesticide reduction, drive the demand for robotics. Further, robots can work continuously and provide quality work without error, making the farming process cost-effective and less time-consuming. These factors are driving the growth of the agricultural robots market.

Question 2: What factors are restraining the market growth?

Answer: Expensive maintenance of robots, high cost of robots software, and technical limitations are restraining the market growth. The development of HRI tools and robot software is essential to operate the robots efficiently. Further, it is essential to timely maintain robots to remove technical glitches or fix bugs. A failure to do so can create problems in the machine's functioning and thus affect the procedure.

Question 3: Which region leads the agricultural robots market globally?

Answers: North America leads the agricultural robots market globally. The North American economy has benefited from the agriculture sector as agricultural production and activities have grown over time, increasing the employment rate. Although, with the lack of skilled labor, the farmers have started to depend heavily on agricultural robots. Robotics has entered the agriculture sector to monitor activities like monoculture, increase the use of pesticides, and ease the procedure, boosting the region's market growth.

Question 4: Which are the established firms in the global agricultural robots market?

Answer: CNH Industrial, Trimble Inc, Precision AI, Autonomous Solutions Inc, Lely Holdings SARL, AGCO Corporation, Deere & Company, EcoRobotix, BouMatic Robotics BV, PrecisionHawk Inc, Agrobot, Naïo Technologies, Harvest Automation, Robotics Plus Ltd, and Rowbot are established firms in the global agricultural robots market.

Related Report:

Asia-Pacific Food Robotics Market : https://www.tritonmarketresearch.com/reports/asia-pacific-food-robotics-market

The Asia-Pacific food robotics market is anticipated to grow, with an estimated CAGR of 18.82 % in terms of revenue from 2019 to 2028.

The development of robots and automation has substantially benefited several industries, including food and beverage. While India's F&B business adopts automation at a comparatively lower rate than worldwide norms, numerous top players in this market implement automation.

Further, China is the world's largest robotics industry ranking at 23rd position globally in terms of robot density. It is expected to grow further in the forthcoming years. Besides, the production growth can result in increased food demand propelling the food robotics market.

Triton Market Research
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Website: https://www.tritonmarketresearch.com/

Triton is a leading market research company providing clients with the best online market research data reports. Our offerings include syndicated market insights, customized research reports, and cost-effective consulting services for constructive decision-making.

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