Exclusive Global Study: Agriculture Robot Market Growth Analysis

Agricultural robot market size is estimated to rise with a CAGR of 19.2% by generating a revenue of $16,640.4 million by 2026.

Agricultural robots are the machinery used in the agricultural farmland which can substitute the work of human labor and can perform the task faster and better than the human. These machines have all the ability that a worker can do and can operated in all the climatic conditions, restricted environment, used in farmland as well as animal farms.

Access to FREE Sample Copy: https://www.researchdive.com/download-sample/52

Augmented use of vertical farming, rise in the demand for the food supply and rising population are the main drivers for the agricultural robot market. As per the report of World Health Organization (WHO), it is being predicted that by 2050 the world population will increase up to 9.7 billion. With the rise in population, there will be a significant increase in demand for food supplies. The vertical faming is a technique which has been adopted by the farmers for the many benefits. This technology can yield maximum crop yield and can also be cultivated throughout the day with the use of LED lights.

Lack of adoption of the robots is considered to be one of the biggest constraints for the agricultural robot market. Due to lot of complex and complicated function, the use of machine is getting tough for the farmers to operate. If handled improperly, there will be a threat to the crop yield. Moreover, high cost of the robots is another factor which is projected to restrain the market growth over the projected period.

Depending on the type the market is segmented into Material Management, Automated Harvest Robots, Milking Robots, Unmanned Aerial Vehicles (UAVs), Driverless Tractors and Others. Unmanned aerial vehicles (UAVs) is considered to have the highest market growth. It is estimated to generate a revenue of $1,763.9 million by 2026 with a CAGR of 20.1% in the forecast period. With the use of aerial vehicles, the need of farmers in the agricultural field decreases, and many time-taking tasks can be completed in minimum time.

Speak to our Expertise before buying Report@ https://www.researchdive.com/connect-to-analyst/52

Depending on the application, the agricultural robot market is divided into Inventory Management, Soil Management, Harvest Management, Irrigation Management, Dairy Management and Others. Diary management is considered to be the most popular and most used application, as it finds a lot of applications in vertical farming. It is estimated to generate a revenue of $4,492.9 million by 2026, growing at a CAGR of 19.0% in the forecast period.

The North America is considered to be the dominant region utilizing the robotic farming techniques. North America agricultural robot market size is expected to rise at a CAGR of 18.9% by generating a revenue of $5,857.4 million by 2026. This region adopted the robotic farming in advance to other countries, and this will be a key factor driving the market growth. Moreover, the favorable initiatives taken by the governing bodies are expected to drive the agricultural robot industry.

Asia-Pacific is expected to grow at the fastest CAGR in compared to other regions. This revenue from this region will surpass $3,798.3 million by 2026, at a CAGR of 19.7%. Rapid increase of farming activities, coupled with the favorable initiatives taken by government are predicted to drive the Asia-Pacific market.

The major key players in the agricultural robot market are John Deere, GEA Group, Deepfield Robotics, Autonomous Tractor Corporation, AGCO, Autonomous Solutions Inc, DeLaval, Clearpath Robotics and LelyHarvest Automation among others.

Request for this Report Customization & Get 10% Discount on this Report@ https://www.researchdive.com/request-for-customization/52

Collaborative Robot (Cobot) Market Insights Deep Analysis 2022-2030

With the advancements in technology, robotics is becoming available at a price that suits the pockets of even smaller as well as bigger companies. All thanks to the development of low-cost components, which have paved way for the upsurge of the collaborative robots or cobots .Collaborative robots are intended to collaborate with humans at work sites, and hence making automation a trouble-free job for businesses of all sizes. By now, cobots have been seen as a game-changer for a wide variety of applications. W hy cobots over traditional robots? The new robotics technology is outdoing the weighty, daunting robots usually locked in the cages for security reasons. Now, it’s time to make use of cobots in those heavy industrial tasks! These robots are quite affordable, safe, and flexible to deploy. They are programmed to work in collaboration with humans and not under humans—unlike traditional robots. With these advanced-automated robots, you can forget the cages and make way for proper

Contactless Payment Market size share growth analysis market demand

Contactless payment, also called as a tap-and-go system is a secure mode where the transactions are done using technologies such as NFC (near field communication), RFID (radio frequency identification), infrared, and bluetooth. Contactless payment is hassle-free and convenient for customers as it takes only one-tenth of the time taken by the old-style electronic transaction.Contactless payment is becoming popular owing to its benefits such as secure and fast payments without any need for cash or identifying details. Initially, these type of payments or cards were used for the purpose oftravelling tickets only. But today, this technology has evolved and is helping customers to make payments for almost anything. However, the permissible amount for a contactless payment varies by country and by the bank. Access to PDF Sample Report Here! @ https://www.researchdive.com/download-sample/181 Recent Developments in the Contactless Payment Industry As per a Research Dive blog, the digital e

Development: Aerospace 3D Printing Market Strategy Planning by Top Manufacturers

Aerospace 3D Printing Market Analysis 2026: According to a study of the Research Dive, aerospace 3D printing market forecast shall cross $5,933.4 million by 2026 , growing at a CAGR of 26.8% during forecast period. Aerospace 3D printing is primarily used to increase the efficiency of A&D supply chain, reduction of storage costs of inventory and waste production materials. Furthermore, the Aerospace 3D printing industry is focusing more on creating parts of aircraft that are lighter and stronger than parts made by using traditional manufacturing. Astonishing advantages of 3D printings in the supply chain of the aerospace and defense industry are projected to surge in the global market. In addition, the financial support provided by the government and non-government organizations across the globe is also driving the 3D printing in aerospace industry. For instance, National Aerospace Technology Exploitation Programme grants £140,000 funds for UK based company Sigma Components

Industrial Research World

Search This Blog