(Food-Beverage-News.Com, September 29, 2018 ) According to Verified Market Intelligence, the Global Agriculture Robots Market is projected to reach 9,768.6 million by 2025 from an estimated value of 2,506.9 million in 2017, growing at a CAGR of 18.6% from 2018 to 2025.
Agriculture is a boon to our society as it fulfills our basic needs and ensures that the balance of the ecological cycle is maintained. With growing advancement in technology, the incorporation of robotics in agricultural practices has brought a revolution in the field of agriculture and has made tasks much easier for the farmers. Agriculture robots have enhanced the level of artificial intelligence and have been catering various applications in the agro-based industry and have enhanced the status of robotics at a global level.
Increasing demands for agricultural production, rising adoption of information technology systems, increasing consumption as well as growth initiatives by governments supporting the adoption of modern agricultural techniques have been driving the global agriculture robots market. While high implementation costs and data security issues could hamper the overall growth rate of the global agriculture robots market.
The “Global Agriculture Robots Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Deere & Company, Trimble Inc., Agco Corporation, Agjunction, Inc., DJI, Boumatic Robotics, B.V. and Lely Holding S.À.R.L. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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