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Robotics applied to agriculture means good business

Global Agriculture Robots Industry

Agriculture Robots market worldwide is projected to grow by US$4. 9 Billion, driven by a compounded growth of 22. 7%. Agriculture UAVs, one of the segments analyzed and sized in this study, displays the potential to grow at over 21.

New York, April 23, 2020 (GLOBE NEWSWIRE) -- announces the release of the report "Global Agriculture Robots Industry" - 8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$979.6 Million by the year 2025, Agriculture UAVs will bring in healthy gains adding significant momentum to global growth. - Representing the developed world, the United States will maintain a 25.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$162.1 Million to the region’s size and clout in the next 5 to 6 years. Over US$226 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Agriculture UAVs will reach a market size of US$111.4 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 21.9% over the next couple of years and add approximately US$829 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies. - Competitors identified in this market include, among others,

  • AGCO Corporation

  • Agribotix LLC

  • Blue River Technology

  • Deere & Company

  • Harvest Automation

  • Lely Holding S.a.r.l.

  • Naio Technologies

  • Precisionhawk Inc.

  • Soluciones Roboticas Agricolas, S.L. (Agrobot)

  • Trimble, Inc.

Read the full report:

Source: Reportlinker - Globe Newswire

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