Global Agricultural Robots Market (Business Opportunities - Advertising Service)

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Global Agricultural Robots Market

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Global Agricultural Robots Market was valued US$ XX Bn in 2018 and is expected to reach US$ 28.63 Bn by 2026, at CAGR of XX% during forecast period of 2019 to 2026.

Global Agricultural Robots Market

Agricultural robots are used on farms & agricultural lands to save labor costs and exploit quality, productivity, sustainability, and profitability. Agricultural robots comprise milking robots, UAVs, driverless tractors, and harvesting robots among others. These robots are used for activities like fruit picking, sheep shearing, castrating, spraying, cultivation, pruning, weeding, dairy production, and livestock applications. These robots enable farmers to automate farm activities and increase crop yield while reducing labor costs.

Global Agricultural Robots Market Drivers and Restraints:

The growing demand for food crops because of population increase primarily drives the agricultural robots market growth. There has been growing automation of farm operations to increase food production and improve crop quality. Mounting adoption of advanced technologies to maximize crop production boosts the adoption of agricultural robotics. Rising labor costs coupled with a shortage of labor on farms has increased the demand for agricultural robots. Other factors driving the growth of the agricultural robots market include growth in the worldwide agricultural industry, growing environmental concerns, shifting focus towards organic food, and concerns regarding the scarcity of natural resources.

However, high initial investment restricts the growth of the agricultural robotics market globally. Growing demand from emerging economies and technological advancements are factors expected to provide many growth opportunities during the forecast period.

The report covers all the trends and technologies playing a major role in the growth of the agricultural robots market over the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the market growth during forecast period.

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Target State: All States
Target City : pune
Last Update : Jul 30, 2020
Number of Views: 54
Item  Owner  : pallavi
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2020-11-30 (0.071 sec)