With the introduction of the latest technologies in the agriculture segment, farming is becoming more sophisticated and modernized, owing to the improving productivity using sustainable ways and reducing the carbon footprint. Technological advancements are on the way to introduce equipment that is outfitted with intelligence to operate in unstructured and dynamic agricultural environments. A robot deployed for agricultural purposes is an intelligent agricultural robot. Evolving applications of robots in agriculture include weed control, cloud seeding, planting seeds, harvesting, and environmental monitoring and soil analysis.
The global intelligent agriculture robotics market is projected to gain traction with the increased emphasis by operations in agriculture environments on combating issues such as rapid population growth, and the increased need to meet demand by providing food at progressively more competitive prices. Nevertheless, in a recent survey, it was found that more than 60% of the small and medium businesses are not on the radar of seriously implementing AI in their business processes due to budget constraints and lack of skilled workforce.
The key factors such as increasing global population and food demand, a decline in agriculture workforce, rising adoption of precision agriculture, and demand for automated applications are some of the factors that have driven the global demand. There are certain challenges that have restraint the overall growth of the market such as huge capital investment, lack of proven solutions, and lack of awareness among end-users.
Additionally, the intelligent agriculture robots market is projected to receive support from the government authorities with regards to the increase of food production due to rising population. On the other hand, irregular mobile and internet connectivity in remote areas can limit the growth of the robots. Guiding farmers about the latest and newest technology is another major problem, about which the government should take measures to guide them about the new agriculture models. Moreover, stringent safety and hygiene regulations, skilled workforce, and technical expertise need to be considered to access the latest agriculture technologies as the robots contribute to the quality and freshness of food.
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North America To Dominate The Global Market Followed By The Asia Pacific
The global market is dominated by North America, with the largest market share held by the U.S. in the region, owing to the increasing per capita income and increased mechanization. Additionally, Asia Pacific is the second largest region and is expected to grow at the highest CAGR, owing to the growing population and rapid urbanization in most of the countries of the region. China and India stood among the highest in terms of the most populous countries, exhibiting a huge demand for food production. Rising demand from developing countries, which are investing aggressively in development activities to raise their standard of living, involvement towards human-robots collaboration, are opening up new opportunities for intelligent agricultural robot market players.
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Future Forecast For The Global Demand
The future of intelligent agriculture robotics is projected to witness an enormous growth, owing to an upsurge of technologies comprising artificial intelligence, navigation algorithms, machine vision, and motion sensors that are enabling robots to perform mobile, delicate, and sophisticated knowledge-based work.
The market is growing with a spectacular CAGR due to the high demand from farmers for their operations. Though lack of awareness has reduced the adoption rate, the market is facing multiple challenges, which may influence the market’s growth prospects for the forecast period.
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