The global agricultural robots market was valued at $1,994 million in 2014 and is likely to garner $15,341 million by 2025, growing at a CAGR of 20.95% during the forecast period according to Progressive Markets report, Global Agricultural Robots Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025.
The major drivers for the agricultural robots market include the adoption of new technologies to increase farm efficiency and reduce production cost, increasing global demand for food owing to increasing population, increasing need for monitoring crop health for yield production, and the government’s support for adoption of modern agricultural techniques.
According to a recent report published by Fast Market Research, titled, Global Agricultural Robots Market 2018: Market Size, Market Volume, Trends, Opportunity, Forecast 2018-2024, the global agricultural robots market accounted for USD XX Million in 2018 and is estimated to reach USD 16,182.9 Million by 2024. Moreover, it is anticipated to flourish at a CAGR of 20.8% during the forecast period i.e. 2019- ... Read more
According to a recent report published by Fast. MR titled, GlobalAgricultural Robots Market 2018:Market Size, Market Volume, Trends, Opportunity, Forecast 2018-2024, the global agricultural robots market accounted for USD XX Million in 2018 and is estimated to reach USD 16,182.9 Million by 2024. Moreover, it is anticipated to flourish at a CAGR of 20.8% during the ... Read more
