Smart Harvest Market 2024-2033: Technological Advancements, Competitive Landscape and Strategies
The smart harvest global market report
2024 from The Business Research Company
provides comprehensive market statistics, including global market size,
regional shares, competitor market share, detailed segments, trends, and
opportunities. This report offers an in-depth analysis of current and future
industry scenarios, delivering a complete perspective for thriving in the
industrial automation software market.
Smart Harvest Market, 2024 report by The Business Research Company offers
comprehensive insights into the current state of the market and highlights
future growth opportunities.
Market Size -
The smart harvest market size has grown rapidly in recent years. It will grow
from $16.02 billion in 2023 to $17.98 billion in 2024 at a compound annual
growth rate (CAGR) of 12.2%. The growth in the historic period can be
attributed to demand for plant-based proteins, functional properties in food
processing, gluten-free and allergen-free alternatives, diverse applications in
food products, global expansion of soy production..
The smart harvest market size is expected to see rapid growth in the next few
years. It will grow to $28.66 billion in 2028 at a compound annual growth rate
(CAGR) of 12.4%. The growth in the
forecast period can be attributed to expansion in meat alternatives market,
functional and nutritional benefits, research and development, global
population growth, sustainable and environmentally friendly practices.. Major
trends in the forecast period include innovations in food processing, clean
label and natural ingredients, diversification of soy flour products,
fortification of foods, gluten-free functional properties in food..
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Scope Of Smart Harvest Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Smart Harvest Market Overview
Market Drivers -
The increasing demand for food is expected to propel the growth of the smart
harvest market going forward. Food demand is the amount of food that people are
willing and able to buy at a particular price and period. Smart harvesting can
help fulfill rising food demand by enhancing agricultural production and
efficiency. Smart farming techniques enable farmers to monitor individual
plants and alter their nutrition, which helps prevent conditions and improve
crop health. It also integrates several advanced technologies that can assist
in raising agricultural output and efficiency. For instance, in April 2023,
according to the report published by Food and Agriculture Organization, a
Canada-based international organization that leads international efforts to
defeat hunger and improve nutrition and food security, global wheat utilization
increased from around 762 million tons in 2020/2021 to around 773 million tons
in 2021/2022. It is anticipated to increase to 780 million tons in 2022/2023.
Therefore, the increasing food demand is driving the growth of the smart
harvest market.
Market Trends -
Product innovations have emerged as a key trend gaining popularity in the smart
harvest market. Major market players operating in smart harvest technologies
are concentrating their efforts on creating innovative technologies to
strengthen their position in the market. For instance, in November 2021, Iron
Ox, a US-based company specializing in developing robotics and artificial intelligence
(AI) for the agricultural industry launched Grover, an autonomous mobile robot.
It is designed to operate within Iron Ox's greenhouses to perform tasks such as
planting, watering, and harvesting crops. This new product is designed to
operate in a variety of greenhouse environments and can withstand harsh
conditions such as extreme temperatures and humidity.
The smart harvest market covered in this report is segmented –
1) By Components: Hardware, Software
2) By Crop Type: Fruits, Vegetables
3) By Site Of Operation: On-Field, Greenhouse, Indoor
4) By End Users: Agriculture, Horticulture, Floriculture, Vertical Farming,
Other End Users
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Regional Insights -
Western Europe was the largest region in the smart harvest market in 2023.
North America is expected to be the fastest-growing region in the global smart
harvest market during the forecast period. The regions covered in the smart
harvest market report are Asia-Pacific, Western Europe, Eastern Europe, North
America, South America, Middle East, Africa
Key Companies -
Major companies operating in the smart harvest market report are Robert Bosch
GmbH, Agrobot S L, Deere and Company, Harvest Automation Inc., Panasonic
Corporation, Root Al Inc., Abundant Robotics Inc., Harvest CROO Robotics LLC,
FFRobotics Ltd., Iron Ox Inc., Vision Robotics Corp., Energid Technologies
Corp., Metomotion Ltd., Smart Harvest Agritech Ltd., Dogtooth technologies
Ltd., Octinion, Ripe Robotics Pty Ltd., Agrobotix LLC, Fieldwork Robotics Ltd.,
Naio Technologies, FarmWise Labs, Inc., Green Robot Machinery Private Limited,
Saga Robotics AS, Harvesting Inc., Octagrow Ltd., Metos Oy AB, Yanmar Co. Ltd.,
Juniper Systems Inc., Caterpillar Inc., Bobcat Company
Table of Contents
1. Executive Summary
2. Smart Harvest Market Report Structure
3. Smart Harvest Market Trends And Strategies
4. Smart Harvest Market – Macro Economic Scenario
5. Smart Harvest Market Size And Growth
…..
27. Smart Harvest Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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