Infinium Global Research Agriculture Robots Market | Page 2

Global Agriculture Robotics Market: Trends and Forecast -2023
INTRODUCTION
REPORT DESCRIPTION
Globally, with rise of mechanized agriculture and growing expectations for high
yield and profitability among the farmers the demand for agriculture robotics has
increased. The agriculture robotics is primarily used of the purposes such as
spraying water/liquid pesticides, harvesting, imaging and seeding. Growing
awareness about precision agriculture among farmers has significantly contributed
to the growth of demand for agriculture robotics worldwide. Moreover, with the
applications of It’s the agriculture has become more efficient in the developed
countries in the recent times.
The global Agriculture Robotics Market is primarily driven by factors such as
growing mechanized agriculture to increase yield and profitability among the
farmers, growing awareness about precision farming and need for automation to
monitor large agriculture lands.
As per the report the global agriculture robotics market was worth USD
845.6million in 2015 and it is expected to reach USD 2718.8million in 2023. The
global market is expected to grow at a CAGR of 17.5% over the forecast period of
2017 – 2023.
This report estimates the market size of agriculture robotics in terms of value (USD
Million) over the period of 2014 to 2023. The year 2014 and 2015are considered
being base years, and 2017 to 2023 is considered to be a forecast period. The
market sizes for agriculture robotics by type, by application and by regions are
estimated in terms of value. This market research study provides detailed
qualitative and quantitative analyses of the global agriculture robotics market.
Additionally, the report provides a comprehensive review of the major market
drivers, restraints, opportunities in the global as well as regional markets of
agriculture robotics. The market analysis covers major geographic regions, such as
North America, Europe, Asia-Pacific, and, Rest of the World (RoW). The market size
and forecasts are also given for these regions.
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