Labor Shortage to Drive Agricultural Robots Market’s Growth

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Labor Shortage to Drive Agricultural Robots
Markets Growth Triton Market Research presents
the Global Agricultural Robots Market report
sectioned by Type (UAVs/ Drone, Milking Robot,
Automated Harvesting System, Driverless Tractor,
Other Types), Application (Harvest Management,
Dairy and Livestock Management, Crop Production,
Other Applications), and Geography (North
America, Asia-Pacific, Latin America, Europe,
Middle East and Africa). The report further
discusses the Market Summary, Industry Outlook,
Impact of COVID-19, Key Insights, Porters Five
Forces Analysis, Key Impact Analysis, Market
Attractiveness Index, Vendor Scorecard, Industry
Components, Regulatory Framework, Key Market
Strategies, Drivers, Challenges, Opportunities,
Competitive Landscape, Research Methodology
Scope, Global Market Size, Forecasts Analysis
(2022-2028). Tritons report suggests that the
global market for agricultural robots is
anticipated to witness growth at a CAGR of 19.98
over the forecast period 2022-2028.
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-free-sample Robots are machines working
autonomously to complete tasks with greater
accuracy and less time. Moreover, they have now
made their way into the agricultural sector with
applications such as weed control, seeding,
plowing, harvesting, etc. The market's primary
driving force is replacing human labor with
robots. The shortage of laborers and their
inability to multitask and work round the clock
has led to the deployment of robots in the
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fields, thereby leading the studied market.
Further, the restrictive use of pesticides,
non-residual, pre-emergent herbicide reduction,
and the rising demand for cost effective
solutions generate various opportunities for the
agricultural robots market. However, the cost of
maintaining robots and the high prices of robot
software is a challenge to the market.
Additionally, the technical limitation for
operating and maintaining the robots can limit
the markets growth. Globally, the Asia-Pacific
is expected to emerge as the fastest growing
region in the agricultural robots market. The
rising food demand in the region has boosted the
growth of the agricultural sector, which resulted
in increased labor demand. Since people arent
interested in agriculture as a career, farmers
are heavily opting for agricultural robots. In
this regard, using robots in farming has made the
process less time-consuming and cost-efficient.
Besides this, companies such as Farmnote, Inaho
and Hans Robot Co are boosting the regions
market with continuous technological innovations
in their products. Leading companies thriving in
the agricultural robots market are AGCO
Corporation, Autonomous Solutions Inc, CNH
Industrial, Deere Company, Lely Holdings SARL,
Trimble Inc, BouMatic Robotics BV, PrecisionHawk
Inc, Naïo Technologies, Agrobot, Harvest
Automation, Rowbot, EcoRobotix, Robotics Plus
Ltd, and Precision AI. Since the agricultural
robots market is consolidated, the competition
among the competitors gets high. This is due to
the availability of varied products in the
market, such as self-navigating capabilities in
robots, aerial equipment, machinery for
agricultural harvesting, sowing, plowing, etc.
The innovation and product launches by companies
such as AGCO Corporation and CNH Industrial mark
for higher competitive rivalry. Contact Us
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