The global autonomous agriculture equipment market was valued at $8.73 billion in 2021, which is expected to grow with a CAGR of 21.65% and reach $28.54 billion by 2027.
The growth in the global autonomous agriculture equipment market is expected to be driven by an increase in the adoption of automated farming technologies due to labor shortages and high labor costs, a rise in optimization of crop yield and waste reduction, and a rise in dependence on advanced technologies to enhance productivity across the globe.