Agricultural Robots Market Top Key Industry Players: ABB Robotics, Blue River Technology, PrecisionHawk Inc., Georgia Tech Agricultural Robots and IBM

Agricultural Robots Market are also known as AgriBots, AgBots and FarmBots. Robots have already transformed the agriculture industry, and with the invention of agricultural drones, they have set a different standard for farming. They are mainly deployed for harvesting the crops. The robotics in agriculture have helped the farmers in identifying the weeds and hoeing. The next strategy in agricultural robotics is to develop autonomous robots which will locate the weeds in crop rows and take a precise action to eliminate them.

The focus on increased productivity and farm efficiency, automation leading to minimized use of labor, efficient use of natural resources, population growth, constant innovation in technology, a decline in the availability of workforce and less time-consuming nature are the propelling factors for the growth of the market. The high cost involved in hiring skilled labor and increased pressure on food supply are also the factors leading to the emergence of agricultural robots. The agricultural robots market is expected to receive support from government authorities in the future.

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Based on region, the market of agriculture robot has been segmented into North America, Europe, Latin America, Asia Pacific and Middle East and Africa. North America had the highest market share in 2015. Europe and Asia Pacific are the next in queue. Due to the high investment in machinery, Asia Pacific is expected to grow with the highest CAGR.

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National Institute of Food and Agriculture has provided grants to stakeholders to promote the use of robots in America’s agricultural fields. Some of the key market players are DeLaval, Harvest Automation, Agrobot, Lely, BouMatic Robotics, Yamaha, Kuka, ABB Robotics, Blue River Technology, PrecisionHawk Inc., Georgia Tech Agricultural Robots and IBM.

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