Agricultural Robots Global Market Forecast by Technology, Application,and Region 2016-2025
The global population is expected to reach 9 billion people by 2050, which requires double agricultural production in order to meet food demands. Artificial intelligence robotics is one of the new and innovative technologies that will help to overcome these challenges. An increasing number of agricultural robots are being developed and deployed that are capable of complex tasks. Accounting in robotics hardware, software as well as service expenditure, global agri-bots market is expected to reach $11.1 billion in 2020 and explode to $30.8 billion in 2025 as more and more farmbots will be used to increase productivity.