Agriculture being the centre of the world economy is continuously developing and focussing towards becoming a high-tech industry by implementing various technological advancements. Agricultural robots are a kind of advancement in the agriculture industry, these robots help in increasing the production yield of farmers in multiple ways as they focus on automating the slow, repetitive and dull tasks of farmers which further enables the farmers to focus on enhancing the overall production.
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The factors driving the growth of global agricultural robots include its offering of higher speed, improved quality products with reduced percentage of errors. The robots help in increasing the crops efficiency, reduce the need of manual labours and also helps in maintaining pests and diseases which further lead to the rising demand for agricultural robots in the market worldwide. The increasing necessity of sustainable and modernized processes in farming for faster production is propelling the growth of global agricultural robots market in the forecast period. The robots reduce the requirement of the fertilisers and chemicals for optimizing various works such as spraying, weeding among others. The factors hindering the growth of global agricultural robots are the high installation cost and the requirement of high maintenance of agricultural robots. The increased energy consumption and the high research and development cost are also restraining the growth of global agricultural robots market.
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Various notable players operating in the global agricultural robots market including Deere & Company, Trimble Inc., Agco Corporation, Agjunction, Inc., DJI, Boumatic, Lely Group, AG Leader Technology, Topcon Positioning Systems, Inc. and AG Eagle LLC among others.
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The global agricultural robots market has been segmented on the basis of type, offering, application and key geographies. Based on type, the market is segmented into milking robots, unmanned aerial vehicles, driverless tractors, automated harvesting systems and others. Based on offering, the market is segmented into hardware, software and services. Based on application, the market is segmented into harvest management, field farming, dairy farm management, soil management, irrigation management, pruning, weather tracking& monitoring, agricultural inventory management and others.
Key questions answered in this research report:
- At what pace is global agricultural robots market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global agricultural robots market?
- What are the various application areas and how they are poised to grow?
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