Data Bridge Market Research report on agricultural robot market provides analysis and insights regarding the various factors.

March 2021 – The agricultural robot market is expected to witness market growth at a rate of approximately 33.20% in the forecast period of 2021 to 2028 and is expected to reach USD 15.98 billion by 2028. Data Bridge Market Research report on agricultural robot market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in acceptance rate of modern technologies in cultivators globally is escalating the growth of agricultural robot market.

The agricultural robots refer to Agbots and the continuous technological advancement equipment, machines and applications in across the globe for enhancing the productivity of the farms act as the major factors driving the agricultural robot market. The deployment of these agricultural robots for several functions based on the configuration of the robots including fruits picking robots, weed control, cloud seeding, harvesting, environmental monitoring and soil analysis and the utilization of Agbots is being done with the purpose of reducing the human efforts.  

The rise in the utilization of precision agriculture by farmers across the globe for the purpose for collecting and processing data which assists in making better decisions on fertilizing, harvesting crops and planting and the increase in demand for the technique to enhance crop yields and profits in order to cater the food and water crises act as the major factors driving the agricultural robot market. The rise in the requirement for monitoring crop health with the purpose of yield production, the increase in government support to make cultivators to adopt modern agricultural techniques and trend of maximizing agricultural resources in a sustainable manner accelerate the agricultural robot market growth. The high utilization of IoT in various industries such as transportation, manufacturing, agriculture and others and the dependency of agriculture industry on the technology, engineering, and physical and biological sciences using IoT in research projects influence the agricultural robot market. The rising labor wages and untrained labor encouraging automation among farmers, the impact of COVID-19 accelerating the use of robots in the agricultural sector and maturing IoT and navigation technologies also boost the agricultural robot market. Additionally, growth population, high food demand and increasing age of farmers positively affect the agricultural robot market. Furthermore, utilization of real-time multimodal robot systems and the rise in the usage of electrification technology in agricultural robots extend profitable opportunities to the agricultural robot market players in the forecast period of 2021 to 2028.  

On the other hand, high cost associated with the automation for small farms, technological barriers and the issues with deployment of the robots commercially are the factors expected to obstruct the agricultural robot market growth. The rise in concerns regarding data privacy and regulations, complexity of fully autonomous robots and short-term negative impact of COVID-19 on the agricultural robot manufacturers are projected to challenge the agricultural robot market in the forecast period of 2021-2028.

This agricultural robot market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on agricultural robot market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.