Latest agriculture robot news
Hitting the news recently was a major report on the likely future growth of the agriculture robots which is forecast to grow by $4.9bn by 2025.
The rider is that the shifting dynamics which will support this growth will make it critical for businesses in this space to keep abreast of the changing trends.
Agriculture UAVs will be one of the main drivers in the market, representing a $979.6m share.
As for a breakdown in geographical terms, the US will show a 25.4% growth momentum, whilst Europe will also put on a strong spurt, with over $226m worth of projected demand coming from the region.
For example, Germany will add over $162.1m to the region’s size and influence in the coming years.
Interestingly, in Japan, agriculture UAVs will reach a market size of$111.4m by 2025.
As for China, it has the potential to grow at 21.9% over the next two, to three years and will add approximately $829m in terms of addressable opportunity.
As for APAC, several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.
Major players in the sector are recognised as:
Blue River Technology
Soluciones Roboticas Agrícolas