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With its recently published study "Global Agricultural Robots Market - Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025", Infoholic Research forecasts that the global market for agricultural robots is primarily driven by the increasing demand for precision agriculture. This trend is expected to continue during the forecast period 2019-2025, fueling the market growth at a CAGR of around 22% to surpass a revenue of $20 billion by 2025. The robots used in the agriculture sector for various activities, i.e., weed control, seeding, monitoring, and harvesting, are termed as agricultural robots. They are also used for livestock applications, including milking, herding, and fish farming. Globally, there is an increase in demand for food, mainly due to the growth in population and increasing average life expectancy. Further, there is an increasing shift of workforce, especially in rural areas, from agricultural activities toward the service sector. The need for automation in agriculture is heavily driven by these two factors Read more on: https://www.infoholicresearch.com/press-release/agricultural-robots-market/?utm_source=pravinmane&utm_medium=medium&utm_campaign=lead-generation

The global agricultural robots market was valued at USD 2,882 million in 2017 and is anticipated to grow at a CAGR of 23.8% during the forecast period

The global agricultural robots market size was valued at USD 2882 million in 2017 and is anticipated to grow at a CAGR of 23.8% during the forecast period.