Emergen Research has published a novel research report titled, “Global Smart Harvest Market Forecast to 2028”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Smart Harvest Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
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.
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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.
The report further sheds light on the competitive landscape of the Smart Harvest market to offer the readers an advantage over others. The competitive landscape section of the report talks about the recent advancements in the RD and technologies undertaken by the prominent players, along with their strategic business expansion plans, product launches, and brand promotions. The report pays special attention to the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, agreements, corporate and government deals, and others adopted by the prominent players of the industry to expand their market presence and gain a substantial market position.
Some major companies operating in the global market include 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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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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 Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
What Questions Should You Ask before Buying a Market Research Report?
How is the Smart Harvest market evolving?
What is driving and restraining the Smart Harvest market?
How will each Smart Harvest submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
How will the market shares for each Smart Harvest submarket develop from 2021 to 2028?
What will be the main driver for the overall market from 2021 to 2028?
Will leading Smart Harvest markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2028 and which geographical region will lead the market in 2028?
Who are the leading players and what are their prospects over the forecast period?
What are the Smart Harvest projects for these leading companies?
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