Smart Harvest Market Size, Growth Factors, drivers and trends to 2027


Smart Harvest Market size was valued at US$ 11.37 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 12.0% through 2021 to 2027, reaching nearly US$ 25.14 Bn.

Smart harvesting in agriculture refers to the use of smart technologies such as GPS, cloud machine learning, satellite images, big data, and IoT to increase crop yield. Farmers use smart harvest to track, monitor, and analyze their field operations. One of the smart harvest technologies is the harvesting of fruits and vegetables with less human intervention. Smart harvest components include soil sensors, harvesting robots, control systems, and drones.

Smart Harvest Market Scope:

The report provides drivers which can be used as an advantage, restraints to overcome challenges and potential opportunities for the Smart Harvest market. The Smart Harvest market report also helps in understanding the interests and buying habits off the consumer, how much do your potential customers spend annually on the types of products or services you plan to offer and how big is the potential market for your business. The qualitative and quantitative data provided in the Smart Harvest market study help in understanding which market segments and regions are expected to grow at higher rates, the factors affecting the market, and key opportunity areas.

Smart Harvest Market Overview:

The report provides an in-depth analysis of the current Smart Harvest market and forecasts performance over the forecast period. The report profiles the key criteria of the Smart Harvest market to support stakeholders in making optimized business decisions. The report provides an overview of the Smart Harvest market with standard topics highlighted with data customized as needed. The report provides insight into the Smart Harvest market, which helps to understand the future demand for products and the potential for competitiveness. Market Overview provides detailed information on market size, regional share, and benchmarking of the market players. The report helps in providing complete knowledge of Smart Harvest market to redefine the business strategies and utilize them to their full potential.

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Key Players:

Robert Bosch GmbH (Germany)
Deere & Company (US)
Smart Harvest Ltd. (UK)
Dogtooth Technologies (UK)
Harvest Automation (US)
Panasonic Corporation (Japan)
Root AI (US)
Abundant Robotics (US)
Iron Ox (US)
Agrobot (Spain)
Energid Technologies Corp. (US)
FFRobotics (Israel)
Vision Robotics Corp. (US)
Metomotion (Israel)
AVL Motion (Netherlands)
Harvest Croo (US)

The report provides a detailed analysis of company size, market share, market growth, revenue, production volume, and profits of the key players in the Smart Harvest market. The Report provides insights on what growth strategies are being adopted by key players such as forming strategic alliances, new product innovation, etc. The report helps in understanding the pricing of the competitors in the Smart Harvest market to analyse and create pricing strategies accordingly.

Smart Harvest Market Share Analysis:

The report provides an analysis of key players that takes into account their contribution in the Smart Harvest market as a whole. It offers the idea of growing the business in the Smart Harvest market compared to other players. The report covers key insights pertaining to market players based on revenue generation, product offering and customer base compared to your business. It shows the characteristics of the Smart Harvest market in terms of the characteristics of growth, fragmentation, domination, and merging.

Smart Harvest Market Drivers:

The smart harvest market is expected to expand in response to rising population and massive demand for fruits and vegetables. Due to labor shortages in the agricultural sector, smart harvesting technologies are in high demand. Due to the constant shift in weather patterns, the market for smart harvest is being driven by the growing need for smart technologies such as climate smart agriculture for weather forecasting by farmers.

Smart Harvest Market Segmentation:

Harvesting robots, automation and control systems, sensors, and imaging systems are among the hardware components of the smart harvest market. Each of the three hardware components is designed to work together to move, identify, and harvest the fruit or vegetable. During the forecast period, AI (Artificial Intelligence) integration with smart harvest systems is expected to allow machines to make their own decisions based on the appropriate factors.

Regional Analysis:

The report includes factors impacting the Smart Harvest market positively and negatively in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. Various regions, and countries have legal barriers, geographic advantages, distinct buying behaviour etc.

Key Questions answered in the Smart Harvest Market Report are:

  • Which product segment grabbed the largest share in the Smart Harvest market?
  • How is the competitive scenario of the Smart Harvest market?
  • Which are the key factors aiding the Smart Harvest market growth?
  • Which region holds the maximum share in the Smart Harvest market?
  • What will be the CAGR of the Smart Harvest market during the forecast period?
  • Which application segment emerged as the leading segment in the Smart Harvest market?
  • Which are the prominent players in the Smart Harvest market?
  • What key trends are likely to emerge in the Smart Harvest market in the coming years?
  • What will be the Smart Harvest market size by 2029?
  • Which company held the largest share in the Smart Harvest market?

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About Stellar Market Research

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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About stellar Market Research Pvt. Ltd

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business.

Contact Information

stellar Market Research Pvt. Ltd

S.no.8, h.no. 4-8 Pl.7/4, Kothrud, Pinnac Memories Fl. No. 3
Kothrud, Pune, Pune, Maharashtra, 411029
411041
India
Phone : 9607365656
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Published in

Agriculture , Business

Published on

Mar 07, 2023

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