Current Business Affairs Global Agriculture Robots Market 2018

Global Agriculture Robots Market Trends, Analysis, and Forecast To
2025
Market Definition:
The global agricultural market is expected to witness significant demand owing to the growing demand of agricultural
productivity through effective and efficient farming operations. Growing technological advancement such as mobility,
sensing, navigation, and localization is projected to boost the industry growth. These robot enables safe, cost-effective,
and efficient production of grains, horticulture, nursery crops, fruits, nuts and vegetables. Agriculture Robots are also
referred as AgBots or FarmBots, or AgriBots. The industry is anticipated to rise owing to the growing population and
increasing demand for enhanced agricultural production.
Recent technologies such as Geographic Information System (GIS), Global Positioning System (GPS), precision farming
with the help of big data is gaining traction in the market. Big data has also been extensively used by farmers in order to
make better decision on planting, harvesting as well as fertilizing the crops. Furthermore, increasing government
initiatives to adopt modern technologies and monitoring of crop condition for yield production are projectedto foster
the AgBots industry. The trend for enhancing agricultural resources, in more sustainable and efficient way, is positively
influencing the farmers along with growing demand in global food supply.
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Market Growth and Analysis:
Few other factors positively impacting the market includes prominence of AgBots in horticultural environment,
penetration of harvesting robots or FarmBots in fruits and vegetable farming. Furthermore, shortage of agricultural
workers along with increasing labor costs, and rising global population with prime need of food security are also
anticipated to fuel the industry growth over the forecast period. Increasing application of precision agriculture &
pesticide spraying, with rising demand for livestock farming, and also proliferation of robots in forestry applications are
also considered to influence the market demand.
AgriBots are widely adopted for farming purpose owing to the benefits associated such as accuracy, fatigueless
functioning, least human workforce interference, cost benefits, and faster task accomplishment. Additionally, few
advanced technologies such as use of wireless sensors, drones & wearable penetration, driverless tractor, 3D print
technology in agriculture are anticipated to drive the industry over the forecast period. High popularity of indoor
farming, quicker adoption for automated technologies is further expected to contribute significantly to the AgBots
market.
Market Segment:
AgBots market has been segmented on the basis of products and application. Based on products, the market is further
segmented as Unmanned Aerial Vehicle (UAV), Milking Robots, Material Management and, Driverless Tractor. The UAV
segment is expected to depict highest market share over the forecast period. Milking Robots or automatic milking
system is used to extract milk from cattle. This product would help in reducing the workforce costs with increased milk