Agriculture Robots Market Global Scenario Global Agriculture Robots Market

Global Agriculture Robots Market is Expected to Reach $5,214 Million by
2024, Says Variant Market Research
Global Agriculture Robots Market Report, published by Variant Market Research,
forecast that the global market is expected to reach $5,214 million by 2024 from $968
million in 2016; growing at a CAGR of 23.4% from 2016 to 2024. By geography, Asia Pacific
and rest of the world (RoW) are expected to grow at a CAGR of 24.7% and 24.1%,
respectively, during the forecast period. Agriculture robots are meant to perform various
tasks those are difficult for humans to succeed. Robots in agriculture can increase yield
with reduced resources and attract more people into farming as an exciting high-tech
profession. Additionally, heavy chemicals or drugs dispensers, manure or fertilizers
spreaders are usually harmful for humans. So robots can have direct contact with these
harmful substances under controlled conditions. Moreover, the technology of robots are
spreading all over the world, as it provides an opportunity of replacing human operators by
providing high yield, effective solutions and return on investments.
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Increasing population coupled with shortage of food globally and high pressure on farmers
to produce more grains of better quality in a limited time are fuelling the growth of the
agriculture robots market. Moreover, low availability of skilled agriculture labour and high
labour cost are also expected to support the growth of the market. However, high cost of
robots, lack of technical knowledge and high maintenance cost may hinder the growth of
the market. Robots with new applications and untapped markets would provide the growth
opportunities of the market.