Global Smart Harvest Market to Witness Humongous Elevation By 2025 – ZMR Blog
Trending News & Updates

Global Smart Harvest Market to Witness Humongous Elevation By 2025

Smart Harvest Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts, 2019–2025

Global Smart Harvest Market: Growth Factors

Growing profitability in the farming sector through the execution of developed technologies is likely to propel the smart harvest market on a global scale. In addition, the increasing labor shortages in the agricultural sector due to their higher prices and accessibility are also estimated to positively impact the smart harvest market globally. Furthermore, several government initiatives are likely to propel the acceptance of smart harvest systems in the emerging nations across the world, which is anticipated to propel the smart harvest market. Developing integration of big data and AI in the farming sector will further fuel the global market for smart harvest in the years ahead.

Global Smart Harvest Market: Segmentation

The smart harvest market is fragmented based on crop type, site of operation, and component. By site of operation, the market is divided into greenhouse, on-field, and indoor. On the basis of component, the smart harvest market includes hardware (automation and control systems, harvesting robots, sensors, and imaging systems) and software. The software segment is anticipated to witness the maximum CAGR in the upcoming years. All the hardware components are systematically implemented to match their movements while harvesting the fruits/vegetables along with identifying the ones to harvest. In the future, the integration of AI in smart harvest systems will let machines make their own decisions, based on appropriate parameters.

The crop type segment of the smart harvest market is classified into vegetables and fruits. Manufacturers are likely to test and develop a variety of harvesting technologies for commercial deployment in the upcoming years. The new generation of smart harvest technologies is anticipated to harvest various kinds of fruits, such as strawberries, apples, and citrus fruits (oranges and lemons). The use of smart harvest systems is likely to expand the possibilities and scope of integrating the production monitoring sensors and ripening controllers for harvesting a wide range of fruits.

Global Smart Harvest Market: Regional Analysis

The European smart harvest market is projected to hold the largest share globally in the future. North America will mostly witness the major concentration of producers in the smart harvest sector, with a majority of the key industry players that are likely to maintain their operations in this region. The Asia Pacific smart harvest market is anticipated to grow at a rapid rate in the years ahead, owing to the strong agriculture sector of the region and its growing dependency on latest technologies.

Global Smart Harvest Market: Competitive Players

Some main participants of the smart harvest market are Robert Bosch, Deere & Company, Smart Harvest, Dogtooth Technologies, Harvest Automation, Abundant Robotics, Panasonic Corporation, Root AI, Agrobot, Iron Ox, FFRobotics, Metomotion, Vision Robotics, Energid Technologies, Harvest, and AVL Motion, among others.

Leave A Reply

Your email address will not be published.