The Automated Harvesting System Global Market Report 2023, provides comprehensive information on the automated harvesting system market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Automated Harvesting System Global Market Report 2023, the global automated harvesting system market size is expected to grow from $1.84 billion in 2022 to $2.00 billion in 2023 at a compound annual growth rate (CAGR) of 8.19%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automated harvesting system market size is expected to reach $2.56 billion in 2027 at a CAGR of 6.46%.
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Product innovations are a key trend gaining popularity in the automated harvesting systems market. Companies operating in the automated harvesting systems market are adopting new technologies to sustain their position in the market. For instance, in January 2023, AGRIST Co. Ltd., a Japan-based company that solves agricultural problems with technology, launched a new product called the L pepper harvest robot. The new “L” robot selects harvest-ready peppers through stacked leaves with millimeter precision. The “L” robot is a method for collecting bell peppers automatically. Using a combination of different types of cameras and our proprietary AI (artificial intelligence) system, the robot can recognize and select harvest-ready peppers with millimeter precision through thick leaves. “L” has an end-effector on an arm that drags in stems until it reaches the target pepper, then clips it and folds it to drop it into a collection box. The robot patrols farms daily to monitor crop development and advise farmers on best farm management.
The automated harvesting system market is segmented:
1) By Components: Energy Harvesting Transducers, Power Management Integrated Circuits (PMIC), Storage Systems
2) By Technology: Light Energy Harvesting, Vibration Energy Harvesting, Radio Frequency Energy Harvesting, Thermal Energy Harvesting, Frequency Energy Harvesting
3) By Application: Horticulture, Greenhouse, Crops, Other Application Types
North America was the largest region in the automated harvesting system market in 2022.
The table of contents in TBRC’s automated harvesting system market report includes:
1. Executive Summary
2. Automated Harvesting System Market Characteristics
3. Automated Harvesting System Market Trends And Strategies
4. Automated Harvesting System Market – Macro Economic Scenario
5. Automated Harvesting System Market Size And Growth
…
27. Automated Harvesting System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automated Harvesting System Market
29. Automated Harvesting System Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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