Agricultural Robots Market was USD 5.3 billion in 2021 and to reach USD 19.5 billion in 2029

Gmi Research14 Mar, 2023Technology

Agricultural Robots Market size was estimated around USD 5.3 billion in 2021 and is projected to reach USD 19.5 billion in 2029, growing at a CAGR of 17.7% over the forecast period 2022-2029 attributed to increasing world's population and growing need for agriculture automation. Global agricultural robots market is majorly driven by growing concerns related to labor shortage, increasing adoption of modern farming practices by farmers and rising population growth rates around the world.