The post-Covid world agriculture business is dealing with vital challenges resembling labor scarcity, excessive labor prices, and lots of others. These challenges are threatening farmers’ margins and making their companies unsustainable. Whilst farmers are scuffling with their enterprise, due to the rising world inhabitants, the demand for world meals manufacturing is turning into larger and larger, which requires greater productiveness and yield. Robotics and automation are thought-about promising approaches to enhance effectivity/productiveness, cut back prices and resolve these points.
Although there’s an imminent want to automate the agriculture business, the adoption fee of agricultural automation/robotics has been fairly low compared with different industries resembling mining and manufacturing. One of the explanations is that agricultural robots are usually costly and wish vital upfront investments, thereby main to a really lengthy payback time, which is especially unideal for such a low-margin business.
Nevertheless, this example is starting to change today. The latest growth of robotics applied sciences (e.g., navigation methods, cameras, end-effectors, and many others.) lead to value reductions, enabling them to turn out to be commercially viable choices for farmers. There have been a whole lot of agricultural robotics firms worldwide specializing in a wide range of agriculture purposes together with weeding, milking, harvesting, and lots of others. Whilst all of the purposes have a number of potentials, due to completely different expertise readiness ranges and utility values, they’ve numerous adoption charges and timelines for commercialization.
In this webinar, IDTechEx Technology Analyst Yulin Wang will discuss by the important thing enabling applied sciences utilized in agricultural robotics, clarify why completely different purposes have completely different ranges of growth, and analyze how this development will change and evolve within the upcoming decade.
The webinar will embody:
- A abstract of key challenges confronted by the agriculture business.
- The typical agricultural robotics purposes, their stage of growth, and the way IDTechEx categorizes them into three completely different themes.
- An overview of how technical issue and utility worth will have an effect on commercialization and adoption.
- A dialogue of key enabling applied sciences and elements.
- An analysis of the obstacles within the agricultural robotics business.
- An clarification of the technical forecasting chart of how IDTechEx sees the business getting in 10 years.
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