Global Robotic Weeding Machines Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 23.46% - ResearchAndMarkets.com
Jul. 10, 2018
DUBLIN--(BUSINESS WIRE)--Jul 10, 2018--The "Global Robotic Weeding Machines Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The analysts forecast the global robotic weeding machines market to grow at a CAGR of 23.46% during the period 2018-2022.
Robotic weeding machines mainly comprise components such as a vehicle-as-a-platform for carrying weeding tools along with control modules, a vision system and other sensors for detecting the position of the crop and distinguishing between weeds and crops.
The latest trend gaining momentum in the market is the continuous product innovations. Vendors in the global robotic weeding machines market have started incorporating technological innovations that can improve the efficiency of their offerings. These robotic machines are empowered with the abilities to assess the number of rows, distance between the rows, and growth stage of the crop.
One of the major drivers for this market is the increasing need for weed control. There has been an increase in awareness of plant invasions by weeds that can cause severe ecological, agricultural, and health concerns, leading to economic losses. Also, apart from getting rid of weeds, the emergence of robotic weeding systems can also ensure that physical work is reduced, and considerable time is saved.
The report states that one of the major factors hindering the growth of this market is the high initial investment. Robots tend to be very expensive, and hence, the acquisition of robots will be feasible only for those farmers who have large farms. A major deterrent for the adoption of these robots will also be the seasonal nature of agriculture due to which robotic weeding machines would have no utility for the major part of the year.
Companies MentionedCARRE Deere & Company F. Poulsen Engineering Naio Technologies
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Product
8: Customer Landscape
9: Regional Landscape
10: Decision Framework
11: Drivers And Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/lchwqc/global_robotic?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180710005401/en/
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SOURCE: Research and Markets
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PUB: 07/10/2018 04:50 AM/DISC: 07/10/2018 04:50 AM