Agricultural Robots: Industry Anticipated to experience a robust growth by 2026

Agricultural robot Market deliver benefits to agricultural market by providing higher quality of fresh produce, less requirement of manual labour and lower production cost. Agricultural robot are used in picking fruits, driving tractor, spraying medicine, horticultural task such as weeding, pruning, spraying and monitoring. In addition, robot are used in life stock applications including washing animals, castrating and automatic milking. The global agricultural robot market is expected to grow at CAGR of around 22% over the forecast period 2019-2026. Major driving force of the growth of global agricultural robot market are increasing concern for monitoring crop health for yield production and increasing adoption of new technologies to generate better efficiency in the firm and reduce production cost. Further, steps taken by various governments across the globe to adopt modern techniques in agriculture are also leading the growth of global agricultural robot market. For instance, as per the Organisation for Economic Co-operation and Development (OECD), Europe government giving support for training farmers to adopt modern technology in farming under the act New Skill Agenda for Europe. Moreover, some of the major projects such as Ground Robot for vineyard Monitoring and Protection (GRAPE), Mobile Agricultural Robotic Swarms (MARS)and GARotics (Green Asparagus Robotics Harvesting System) were funded by the European Commission to substitute the manual labour with automation technologies. Additionally, several automations in agriculture were recorded such as robot-based milking production in China, Hands-free hectare project in the UK, robot for weed killing in Australia, due to this robot in agriculture has an enormous growth potential during the forecast period.

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Asia pacific: Vigorous avenue generator in agricultural robot Market

Asia Pacific is the world’s economic engine in the year 2016 and is anticipated to grow at 5.7% till 2020 as per International Monetary Fund (IMF). Positive economic outlook has driven public and government bodies to implement investment friendly policies across Asia Pacific. The shortage of individuals working on farms is rising chronic. In the Asia Pacific, particularly in Japan alone, this decline for the workforce is observed owing to lack of young people becoming farmers, finding it unpleasant and skill shortages are inspiring farming automation technologies. Moreover, the increasing disposable income of consumers and the rising consumer awareness are expected to augment the growth of the agriculture robot market. The government in countries of Japan, China and India are also concentrating on adopting numerous strategies in order to upsurge agricultural production so that they can feed their growing population. In addition, the region has high demand for robot in dairy and horticulture.