Global agriculture robots market driven by ‘high population growth and food shortages’

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.

By geography, Asia Pacific and rest of the world are expected to grow at 24.7 per cent and 24.1 per cent respectively, during the forecast period.  Continue reading Global agriculture robots market driven by ‘high population growth and food shortages’

Autonomous Tractor boss says new technology can help farmers halve their costs

autonomous tractor

The Autonomous Tractor Corporation is close to launching a range of new technologies which it says will help farmers halve their equipment costs. 

In exclusive comments to Robotics and Automation News, Kraig Schulz, CEO of ATC, says the company’s latest eDrive system would cost between $250 and $500 per horsepower.

This is approximately half the cost of a new tractor, which costs anywhere between around $750 and $1,000 per hp.

Schulz says: “The system costs will obviously depend on configuration, horsepower, and so on, but we can have a retrofit eDrive system for a 325 hp sprayer done, installed, ready to go for about $75,000 which is a little less than having the whole thing rebuilt with hydrostatic drives – about $80,000. Continue reading Autonomous Tractor boss says new technology can help farmers halve their costs

CNH launches driverless tractor for agriculture applications

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.

That’s what the concept autonomous tractor technology developed by CNH Industrial could bring to future world agriculture, following its public preview at the 2016 Farm Progress Show in Boone, Iowa, USA.  Continue reading CNH launches driverless tractor for agriculture applications