Press release
Agriculture Robotics Market Significant Profits Estimated to be Generated by 2027
Agriculture robots are deployed for horticultural activities such as spraying, pruning, and monitoring. Also, these robots are used for livestock applications, for instance, castrating, automatic milking, and washing.
Agriculture Robotics Market: Drivers and Restraints
Replace farmer’s effort with smart robots is the major driver propelling the growth of the market. Also, population all across the world is increasing, which is fuelling the demand for more crop production, thus piloting the growth of agriculture robotics market during the forecast period.
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The government of emerging nation such as India and China is focussing on launching smart farmer project, which is anticipated to create huge industry expansion opportunity in the nearer future. Further, the demand for driverless tractor and increasing application of robots for indoor farming, dairy management, and horticulture are the other factors responsible for the growth of the agriculture robotics market.
High initial investment and skilled staff for accessing the robot are the two factors coupled together to challenge the growth of the agriculture robotics market in recent years. Apart from this, government subsidy and farmer development training programs may assist in overcoming the above mention challenge.
Global Agriculture Robotics Market: Market Segmentation
Global Agriculture Robotics Market can be divided into four segments, based on Product Type, Application, Offering and Region.
Segmentation on the basis of Product Type for Agriculture Robotics Market:
The major segments of Agriculture Robotics Market on the basis of the Product Type include:
Driverless Tractors
Milking Robots
UAVs
Automated Harvesting Machine
Segmentation on the basis of Application for Agriculture Robotics Market:
The major segments of Agriculture Robotics Market on the basis of the Application include:
Field Farming
Diary Management
Indoor farming
Horticulture
Segmentation on the basis of Offering for Agriculture Robotics Market:
The major segments of Agriculture Robotics Market on the basis of the Offering include:
Hardware – Automated & Control System
Sensor & Monitoring Device
Software Service
Segmentation on the basis of Region for Agriculture Robotics Market:
The major segments of Agriculture Robotics Market on the basis of Region include:
Asia-Pacific excluding Japan
The Middle East and Africa
Western Europe
North America
Eastern Europe
Latin America
Japan
Global Agriculture Robotics Market: Regional Trend
North America is expected to witness largest market growth regarding revenue, owing to increasing penetration towards modern agriculture equipment. Further countries such as Canada and U.S are anticipated to exhibit positive market growth, due to increasing inclination adoption of the automation process.
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Asia-Pacific countries such as China, India are estimated to capture fastest market growth, owing to supportive government regulation to encourage smart agriculture project in the respective region, is expected to spur the demand for agriculture robotics in forthcoming years.
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