Report Format:
Type: On-Demand Research
| ID: AM3010
| Publishing Soon
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US$1,790 |
Rising food demand along with increasing shortage of labour due to migration to urban areas have created major challenges for farmers across the globe. Lack of availability of labour is affecting the overall output and putting immense pressure on farmers to maintain crop production so as to meet food demand. This is encouraging them to adopt automated technologies, machinery, and smart solutions that can replace labour or reduce human involvement to large extent. Of entire agriculture process from tillage to crop protection, harvesting is a crucial phase and require lot of manual work. However, with introduction of autonomous harvesting robots and automated equipment that can harvest vegetables and fruits without human intervention is fuelling the global smart harvest industry growth.
Growing adoption of smart harvest technologies among major developed countries such as US, Germany, and UK to enhance production output and optimize long-term operational cost incurred in harvesting process is anticipated to boost growth of the global smart harvest market at a significant rate. Further, large number of famers across the globe are becoming tech savvy and increasingly shifting towards farm modernization through implementation of mechanized equipment and digital solutions to optimise crop yields. This help them to meet increasing food demand and maximize profitability. Also, they are adopting GPS, satellite imagery, advanced analytics, and artificial intelligent solutions at a rapid pace. This, in turn, is expected to drive growth of the global smart harvest market during the forecast period. However, lack of awareness and technical knowledge among farmers in developing and underdeveloped countries is hampering the global smart harvest market size and growth to some extent.
The global smart harvest market has been segmented into offering, operation site, crop type, and region.
Based on offering the market is classified into hardware, software, and service. By operational site, the global smart harvest market has been bifurcated into greenhouses, on-field, and indoor farming. Of these segments, the indoor farming segment is projected to account for the largest market share in terms of revenue. The crop type segment includes fruits and vegetables. Major regions covered in the global smart harvest industry report are North America, Latin America, Asia Pacific, Western Europe, Eastern Europe, and Middle East & Africa. Among these regions, Europe (including Western and Eastern Europe) is anticipated to witness healthy growth in the global smart harvest market during the forecast period. This growth is mainly attributed to the growing focus of producers to increasing production capacity and quality and rising implementation of connected technology. UK, Germany, France, and Spain are among major European countries investing substantial amount on digitization and automation of harvesting process.
Some of the major players operating in the global smart harvest market are Deere & Company, Harvest Automation, Harvest Croo, Panasonic Corporation, Energid Technologies Corporation, Metomotion, Robert Bosch GmbH, Smart Harvest Ltd., Dogtooth Technologies, Abundant Robotics, Iron Ox, Ffrobotics, AVL Motion B.V., Root AI, Vision Robotics Corporation, and Agrobot. Prominent manufacturers and technology companies are entering into partnership to develop and introduce innovate equipment, machinery, and solutions to be used in agriculture sector.
This research report on smart harvest market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.