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Global Agriculture Robots Market is Projected to Reach US$5.7 bn by 2024 - Industry Analysis, Size, Share, Growth, Trends and Forecast

05-31-2017 03:05 PM CET | Industry, Real Estate & Construction

Press release from: Global Agriculture Robots Market

Global Agriculture Robots Market is Projected to Reach US$5.7 bn

ResearchMoz added Latest Research Report titled " Agriculture Robots Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 " to it's Large Report database.

Global Agriculture Robots Market: Overview

Agriculture robots perform different operational tasks such as capturing images, seeding, spraying water, harvesting, and milking among others. The growing need for food and scarcity of agriculture labor is boosting the growth of agriculture robots market. The global market for agriculture robots is majorly driven by increase in precision agriculture and increase in need for real time data which helps in decision making. Moreover, the global market of agriculture robots is experiencing a growth due to increased corporate farming and increase in demand for food production. The above mentioned trends are propelling the market of agriculture robots globally at a significant pace. Ongoing research and developments undertaken by different companies across the globe are expected to boost the market of agriculture robots during the forecast period.

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The growing market in the emerging regions such as Asia-Pacific and Latin America are anticipated to grow the market of agriculture robots in these regions. Propelled by rapidly increasing demand for food, the manufacturers are adopting new robust technologies to modernize the existing robots. In addition, robots also help in spraying the right amount of chemicals, fertilizers and pesticides without human involvement, which is generating interest among the farmers or growers round the globe. However, due to high cost of the machineries, the market of agriculture robots is experiencing a limitation in the market growth. Another factor hindering the growth of the market is the limited functionality of the agriculture robots. The effects of these limiting factors are expected to reduce over the forecast period from 2016 to 2024.

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Table of Content

Section 1 Preface
1.1 Research Scope and Market Segmentation
1.2 Research Highlights
1.3 Research Methodology

Section 2 Executive Summary

Section 3 Market Overview
3.1 Product Overview

Section 4 Market Dynamics
4.1 Drivers and Restraints Snapshot Analysis
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Impact of Technological Inventions on Farming: the Future of Farming
4.6 Competitive Strategies
4.7 Market Attractiveness
4.8 Agriculture Robots Market Share Analysis By Company (2015)
4.9 Agriculture Robots Market Outlook

Section 5 Global Agriculture Robots Market By Product Type
5.1 Key Findings
5.2 Introduction
5.3 Global Agriculture Robots Market Value Share Analysis, By Product Type
5.4 Global Agriculture Robots Market Forecast By Product Type

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