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Smart Harvest Market Analysis, Size, Regional Outlook, Share, Trend, Growth, Analysis and Forecast Report 2028

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Book Description

The global smart harvest market size is expected to reach USD 27.94 Billion in 2028 and register a steady CAGR over the forecast period. 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.

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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.

The latest research report by Emergen Research, named ‘Global Smart Harvest Market - Forecast to 2028’, entails a comprehensive review of the global Smart Harvest Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period.

Key players involved in the market such as 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.

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Key insights presented in the report:

Market revenue shares by major business players, by type, by application, and market scope of global Smart Harvest market

Sales revenue by key players and new entrants

Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers

Recent mergers, acquisitions, product launches, recent investments, and joint ventures

Regional analysis to provide insight into recent trends and opportunities

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

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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Outlook of Smart Harvest Market:

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

Italy

France

BENELUX

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

U.A.E.

South Africa

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Thank you for reading the research report. To get more information about the customized report and customization plan, kindly connect to us and we will provide you with the well-suited customized report.

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