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 harvesting reduces the cost of labor in the crop yielding process. Harvesting with smart technology aids in the effective control of the agricultural process and increases crop output.
Smart Harvest Market Report Scope and Research Methodology:
The report clearly depicts a Smart Harvest Market structure, including current market trends and forecasts to identify potential investment areas. It includes a variety of market-influencing factors such as historical data, recent technological advancements, the competitive landscape, and government policy. The Smart Harvest Market report informs clients about major drivers, restraints, challenges, and opportunities. The market has been divided into three major segments for ease of understanding, and these major segments of the Smart Harvest Market have been further divided into various sub-segments. The report also includes a segment-by-segment analysis of the factors influencing market growth, as well as a competitive analysis of major market players based on their expansion plans, product, investments, pricing, and presence in the Smart Harvest industry.
The data collected for the Smart Harvest Market report using these methods was combined to draw accurate and error-free inferences. Interviews with subject-matter experts, Smart Harvest industry participants, high-level executives of key market players, industry consultants, and other experts were conducted as part of the primary research. The PESTLE analysis in the market report aids in the development of company strategies. The Smart Harvest Market’s strengths and weaknesses were determined using a SWOT analysis.
Smart Harvest Market Overview:
The research looks at market growth drivers and challenges, as well as company plans, procedures, and a detailed financial strategy. Customer expectations are met through customization and extensive information about Smart Harvest industry potential. The Smart Harvest Market research investigates the industry’s competitive landscape and key players. Given current industrial conditions, this Smart Harvest market study aids in structure planning.
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.
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Smart Harvest Market Dynamics:
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. Furthermore, technological advancements such as harvesting robotics in farming and harvesting of crops such as strawberries, oranges, and apples are accelerating the growth of the smart harvest market. The smart harvest market is expected to grow in response to increased agricultural profitability as a result of smart technology implementation.
Smart Harvest Market Segmentation:
The market is divided into two components: hardware and software. By 2027, The hardware components of the smart harvest market include harvesting robots, automation and control systems, sensors, and imaging systems. Each of the three hardware components is designed to cooperate in order 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 right factors.
The smart harvest market is divided into two categories: fruits and vegetables. Manufacturers are developing and testing various harvesting robot technologies for commercial deployment during the forecast period. Apples, strawberries, and citrus fruits are among the fruits that can be harvested by the current generation of smart harvesting systems (lemons and oranges). Smart harvesting systems open up new possibilities for combining yield monitoring sensors and ripening controllers across a variety of fruits.
Smart Harvest Market 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)
Smart Harvest Market Regional Insights
The Smart Harvest market is divided into five regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The report forecasts revenue growth in USD terms at the regional and country levels from 2021 to 2029. The report includes a regional analysis with the Smart Harvest market size of each region. The countries section of the study looks at a number of market elements that are expected to influence current and future Smart Harvest market trends, as well as changes in market rules at the country level. Consumption, production location and amount, import/export analysis, pricing analysis, raw material prices, and upstream and downstream value chain analysis are some of the primary components used to forecast each country’s Smart Harvest market situation.
Key Questions answered in the Smart Harvest Market Report are:
- What are the Smart Harvest market segments?
- Which segment in the Smart Harvest market is expected to grow rapidly during the forecast period?
- Which are the prominent players in the Smart Harvest market?
- What key trends are expected to emerge in the Smart Harvest market during the forecast period?
- What was the Smart Harvest market size in 2021?
- Which region dominated the Smart Harvest market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2027.
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients 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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