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Market for agricultural robots expected to hit $87.9 billion by 2025

| | May 21, 2019

The GLP curated this excerpt as part of a daily selection of biotechnology-related news, opinion and analysis.

A new report by market analysts and consultants Tractica has said that global shipments of robots designed for agricultural use are set to rise to a value of $87.9 billion by 2025.

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“Robots and automation technologies have the potential to dramatically improve crop quality and yields, reduce the amount of chemicals used, solve labor shortages, and provide hope for the economic sustainability of smaller farming operations,” said a company spokesperson.

…. Both the UK and the US are seeing significant problems associated with agricultural labor, which are being exacerbated by economic and political pressures.

Read full, original article: Is agriculture going the way of robotics?

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