DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Agriculture Robotics Market: Trends Analysis & Forecasts to 2021" report to their offering.
The global agriculture robotics market was worth USD 845.6 million in 2015 and it is expected to reach USD 2718.8 million in 2021. The global market is expected to grow at a CAGR of 5.5% over the forecast period of 2016-2021. 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 are 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 IoTs 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.
- AGCO CORPORATION
- AgEagle Aerial Systems Inc
- Blue River Technology Inc.
- BouMatic Robotics BV
- Harvest Automation Inc.
Yamaha Motor Corporation
Key Topics Covered:
2 Executive Summary
3 Market Overview And Competitiveness
4 Global Agriculture Robotics Market Infograph
5 Global Agriculture Robotics Market By Type
6 Global Agriculture Robotics Market By Application
7 Global Agriculture Robotics Market, By Geography
8 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/jwmr9c/global