Smart Harvest Market May See a Big Move | Deere & Company, Robert Bosch GmbH, Panasonic Corporation, Energid Technologies
Latest released the research study on smart harvest market size is expected to reach USD 27.94 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising focus on increasing agricultural productivity and crop yield. Rapid increase in the global population is exerting pressure on the agricultural sector worldwide to increase productivity in order to meet rising growing demand for food. Farmers are increasingly adopting smart harvest technologies to maximize profitability and output in a lesser time and in a more cost-effective manner. Limited availability of arable land is a key factor driving demand for indoor farming activities and increasing usage of smart harvesting technologies to eliminate labor expenses. Moreover, rising cost of labor owing to shortage of skilled workforce is another key factor boosting utilization of harvesting robots and autonomous combine harvesters to eliminate excess labor cost and increase agricultural productivity. Key players in the global market include Deere & Company, Robert Bosch GmbH, Panasonic Corporation, Energid Technologies, Smart Harvest Ltd, Harvest Automation, Inc., Dogtooth Technologies, AVL Motion B.V., Abundant Robotics, Inc., and Iron Ox, Inc.
Rising need to increase agricultural productivity and limited availability of arable land are key factors driving global smart harvest market growth
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Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Global Smart Harvest Market various segments and emerging territory.
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
https://www.emergenresearch.com/industry-report/smart-harvest-market
Radical Highlights of the Smart Harvest Market Report:
- Comprehensive overview of the Smart Harvest market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the Smart Harvest market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
An autonomous tractor employs high-tech systems and sensors, which enable farmers to fully automate operations and reduce labor expenses. Farmers are able to optimize their output while using limited resources with the help of autonomous tractors. Ability of autonomous tractors to even work in extreme weather conditions is supporting demand. Analysis of data collected by high-tech systems and sensors help farmers in making effective decisions regarding harvesting routine of crops in the field.
Emergen Research has segmented the global smart harvest market on the basis of site of operation, component, crop type, and region:
Site of Operation Outlook (Revenue, USD Billion; 2018–2028)
- Greenhouse
- On-Field
- Indoor
Component Outlook (Revenue, USD Billion; 2018–2028)
- Software
- Hardware
- Sensors
- Automation & control systems
- Harvesting robots
- Imaging systems
Crop Type Outlook (Revenue, USD Billion; 2018–2028)
- Vegetables
- Fruit
Data Sources & Methodology
The primary sources involves the industry experts from the Global Smart Harvest Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources — Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
https://www.emergenresearch.com/industry-report/smart-harvest-market
