TMCnet News
Agriculture Robots Market Surge: Global Innovative Technologies Propel Growth by 2030 - Outdoor Deployments Emerge as a Key Game-ChangerDUBLIN , Feb. 26, 2024 /PRNewswire/ -- The "Agriculture Robots Market by Offering (Hardware, Software), Deployment (Indoor, Outdoor), Automation Type (Automated, Semi-automated), and End Use (Crop Farming, Livestock, Forestry, Fishery) - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The report underscores a striking expansion of the agriculture robots market, projecting it to reach a remarkable $23.9 billion valuation by 2030, progressing at a robust CAGR of 15.8% over the period from 2023 to 2030. The integration of advanced technologies like artificial intelligence is set to create new corridors of growth for the sector. Detailed Findings: A closer look at the market shows Hardware leading the charge, with the segment expected to achieve significant gains, particularly driven by enhancements in livestock management and automated systems tackling labor shortages. Outdoor Deployment: A Game-Changer The disparity in labor supply and demand, coupled with the necessity to adapt to climatic uncertainties, firmly places Outdoor deployment on a steady trajectory for growth, as it emerges as a highly favored segment with the highest CAGR anticipated over the forecast period. When exploring the types of automation, the Automated segment emerges at the vanguard, anticipated to grow at an unprecedented rate. This is fueled by the adoption of advanced technology and an ever-increasing demand for automated farming solutions, especially in Crop Farming applications. Emphasis on End Uses: Crop Farming is delving into innovative strategies for crop monitoring, weather tracking, and resource-efficient spraying and planting techniques. Livestock is undergoing transformation with advancements in health monitoring and systematic milking methodologies leading the developmental thrust. Geographic Analysis: Asia-Pacific is set to outpace other regions, registering the highest CAGR through 2030. The region's growth is galvanized by an escalation in smart device adoption for agriculture, an unwavering push for food quality improvement, precision farming, and substantial governmental backing. The repertoire of players propelling this market forward includes global front-runners frm Japan, the U.S., the Netherlands, China, Canada, France, New Zealand, Germany, Sweden, and the U.K., who are advancing the technological landscape and redefining agricultural practices globally. Summary of the Exclusive Market Study: The report answers pivotal questions pertaining to market segmentation, historical data, key driving forces, and competitive dynamics, offering a comprehensive overview for stakeholders and industry participants. Geographical trends, high-growth nations, and strategic movements by emerging local players provide a holistic global perspective to the study. Key questions answered in the report:
Company Profiles Leading Players (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)
Other Players (Business Overview, Product Portfolio)
Scope of the Report: Market Assessment, by Offering
Market Assessment, by Deployment
Market by Assessment, by Automation Type
Market by Assessment, by End Use
For more information about this report visit https://www.researchandmarkets.com/r/lk0k22 About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Media Contact: Research and Markets For E.S.T Office Hours Call +1-917-300-0470 U.S. Fax: 646-607-1907 Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/agriculture-robots-market-surge-global-innovative-technologies-propel-growth-by-2030---outdoor-deployments-emerge-as-a-key-game-changer-302071012.html SOURCE Research and Markets |