North America Agriculture Robots Market is expected to reach USD 7.40 billion by 2030

The increasing penetration of VVV usage, along with the growing practice of precision farming is driving up demand for North America agriculture robots market during the forecast period.

North America Agriculture Robots Market is valued at USD 2.32 billion in 2022 and is expected to reach USD 7.40 billion by 2030, with a CAGR of 14.5% from 2023 to 2030, according to new research by Next Move Strategy Consulting.

North America, like many other regions, is facing a shortage of skilled agricultural labour. The aging farming population, declining interest in farming careers among younger generations, and increased competition from other industries have led to a scarcity of available farmworkers. Agriculture robots offer a solution by automating labour-intensive tasks, reducing the dependency on manual labour, and mitigating the effects of labour shortages.

Precision agriculture practices are gaining momentum in North America. Agriculture robots play a crucial role in implementing precision farming techniques by enabling precise planting, targeted pesticide application, and data-driven decision-making. The ability of robots to collect data, analyse it in real-time, and provide actionable insights helps farmers optimize resource utilization, reduce input waste, and improve crop yields.

However, lack of technical expertise and high initial costs is expected to restrain the growth of the agriculture robots market. As, farmers may encounter challenges in acquiring and maintaining the necessary knowledge and skills to operate and troubleshoot these advanced robotic systems.

On the contrary, the ongoing advancements in robotics such as artificial intelligence (AI), and sensor technologies offer significant opportunities for the development of advanced agriculture robots in North America. These technological advancements enable the creation of more sophisticated and capable robots that can revolutionize farming practices. This advancement is anticipated to drive substantial growth opportunities for the agriculture robots market.

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According to the report, leading players in the North America agriculture robots market include Verdant Robotics, Agrobotix LLC, DroneDeploy, Harvest Automation Inc., DeLaval Inc., Blue River Technology, John Deere, Lely Industries NV, EcoRobotix Ltd, and GEA Group.

Key Insights from the North America Agriculture Robots Market Report:

• The information related to key drivers, restraints, and opportunities and their impact on the North America agriculture robots market is provided in the report.

• The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

• The market share of players in the North America agriculture robots market is provided in the report along with their competitive analysis.

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