Robotics in 2024

Robotics in 2024

David Sparks Ph.D.
David Sparks Ph.D.
Field robot sales will hit $11 billion by 2030, says GlobalData

The global agricultural sector is tackling a multitude of challenges, from climate change to population growth, and the growing demand for food. Robotics offers a much-needed solution, providing answers from vertical farms to drones. This has catalyzed the demand for field robots, which reached sales of $1.1 billion in 2020 and will hit $11 billion by 2030, forecasts GlobalData, a leading data and analytics company.

GlobalData’s latest report, ‘Robotics in Agriculture’ reveals how robotics is helping to achieve precision agriculture and usher in a technological revolution in the sector. Precision agriculture refers to the application of agrochemicals in a prescriptive manner to minimize waste and pollution. This is an important solution to the growing demand for food and subsequently fertilizers.

Rachel Foster Jones, Thematic Analyst at GlobalData, comments: “Robots can harvest crops, pick fruits, weed, milk livestock, apply fertilizers and monitor farm operations.

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