North America Agricultural Robots Market Forecast 2022-2030
KEY FINDINGS
The North America agricultural robots market is anticipated to record a CAGR of 19.07% during the forecast period, 2022-2030. In North America, monoculture is practiced in the majority of tropical regions. Monoculture entails cultivating a single crop for longer durations. As a result, the soil loses its nutrients, putting crops at risk of diseases. Accordingly, farmers are using pesticides, which poses a threat to the whole crop. Therefore, robotics is being implemented in the agriculture sector to assess such activities and thereby ease the procedure.
MARKET INSIGHTS
The United States and Canada are evaluated for the North America agricultural robots market growth analysis. In Canada, the thriving agriculture sector is encouraging companies to launch robotic machines. Also, the country is inclined to invest in autonomous agriculture. For instance, the ‘Digital Technology Supercluster’ is a federal program set to invest in the automation of the agriculture sector. The project, named ‘Standard Data Platform for Autonomous Agriculture Project,’ aims to bring digital technology and automation to farming. This is slated to enable more efficiency with regard to utilizing time and skills for extended purposes, thereby resulting in enhanced productivity.
Furthermore, a number of emerging startups are developing services and products for the agriculture industry. For instance, Terramera develops plant-based biopesticides that can be used for organic and conventional agriculture.
COMPETITIVE INSIGHTS
Some of the eminent market players are Naio Technologies, Ecorobotix, CNH Industrial, PrecisionHawk Inc, etc.
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