The global market for agricultural robots is forecast to exceed $5 billion by 2024, according to a report.
The Global Agriculture Robots Market Report, published by Variant Market Research, predicts the global market will reach $5,214 million by 2024 from $968 million in 2016 – growing at an annual rate of 23.4 per cent from 2016 to 2024.
CNH Industrial, the agricultural technology giant, is showcasing its new autonomous tractor.
The company says the driverless vehicle will boost precision and productivity in the farming sector.
CNH says the autonomous tractor will enable better use of labor, integration into current machinery fleets, and bring the flexibility to work unmanned around the clock with real time data monitoring – and, in the future, the ability to automatically respond to weather events.