Robotics in 2024 – AG INFORMATION NETWORK OF THE WEST
Robotics in 2024
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.
