The Infinium Global Research analyzes the Smart Harvest Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global smart harvest market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of smart harvest. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the smart harvest market during the period. The global smart harvest market is projected to grow at a CAGR of 11.5% over the forecast period of 2019-2025.
"We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2020-2026."
The Section on the Impact of COVID-19 on this Market is Included in the Report for Free. To Know More Request Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/13060
Smart harvesting comprises adoption of artificial intelligence (AI), cloud machine learning, GPS, and advanced analytics in farming. Smart harvesting technologies are estimated to gain exponential growth in the near future due to technological advancement in the agriculture sector. The key factor such as the growing emergence of new technologies in farming for increased profitability along with global labour shortage drives the growth of the global smart harvest market. The shortages of labour leading to loss of yield.
Moreover, smart harvest systems help farmers to obtain more revenue from the agribusiness. It is estimated that the business-oriented cultivator has been implementing various smart harvest technologies to surge its harvest output. Moreover, the initiative taken by the government to support smart harvest systems is trigged market growth. Besides this, rapid growth in population has led to the demand for food across the globe, which in turn, increased the demand of the market.
However, high capital investment requires smart harvesting technologies is one of the factors affects market growth. Furthermore, improvement in smart harvesting technologies offers significant growth opportunities for the market in the coming few years. According to the University of Cambridge, researchers have developed and tested a machine-learning driven robot to identify and harvest iceberg lettuce.
Europe is Expected to Hold Maximum Share in the Global Smart Harvest Market
Geographically, Europe is expected to hold maximum share in the global smart harvest market. The growth of this region is attributed due to the high adoption of new technologies. On the other hand, North America and Europe have a large number of manufacturers in the smart harvest industry. Asia- Pacific is expected to be the fastest-growing region in the smart harvest market over the forecast period. The presence of a robust agriculture sector in this region along with growing awareness regarding smart harvesting technologies is likely to contribute to the market growth in the Asia-Pacific region.
The report on the global smart harvest market covers segments such as site of operation, component, and crop type. On the basis of site of operation, the sub-markets include indoor, greenhouse, and on-field. On the basis of component, the sub-markets include sensors, imaging systems, harvesting robots, automation & control systems, and software. On the basis of crop type, the sub-markets include vegetables, and fruits.
Browse Detailed TOC and Description of this Exclusive Report@ https://www.infiniumglobalresearch.com/agriculture/global-smart-harvest-market
The report provides profiles of the companies in the market such as Vision Robotics Corporation, FFrobotics, Energid Technologies, Iron Ox, Inc., Abundant Robotics, Inc., Panasonic Corporation, Harvest Automation, Inc., Dogtooth Technologies, Smart Harvest Ltd, John Deere, Robert Bosch GmbH, and Other Companies.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the smart harvest.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.