Global Automated Harvesting System Market
Global Automated Harvesting System Market was valued at USD 1.8 billion in 2021 and would rocket up to USD 2.79 billion by 2027 at a CAGR of 6.06% from 2022-2027.
Every agricultural practise must include harvesting because it influences overall profitability of the procedure. The importance of timely harvesting and the use of efficient harvesting techniques is rising, especially in the cultivation of fruits and vegetables. Utilizing current and real-time data, in-field devices, and smart harvesting processes, cultivation is optimised.
Market Drivers
One main reason farming communities choose efficient harvesting techniques is a workforce scarcity in agricultural practises. High wages and a decline in the number of qualified workers are making high-value crops less commercially viable. For efficient picking without physically harming the fruit, producers of such fruits are rapidly moving to crop sensing technologies. The world's agricultural industry is being pressured to enhance productivity to keep up with increased food consumption as a result of rapid population expansion. In order to boost profitability and efficiency in less time and at a lower cost, farmers are progressively using smart harvest technologies such harvesting robots, automation, control systems, sensors, and imaging systems. The need for indoor agricultural operations and the rising usage of smart harvesting technologies to cut labour costs are both significantly influenced by the lack of farmland.
Businesses in the particular market put a strong emphasis on business growth through tactics like cutting-edge product launches, capacity expansion, and massive production investments in their facilities, which are anticipated to boom soon as the automated harvesting system market expands globally. Additionally, traders and investors have lucrative potential thanks to site-specific nutrient management with precision agriculture, rising industrial crop demand, and investments in farming activities in developing nations.
Market Restraints
Precision harvesting market expansion is anticipated to be hindered by the high initial expenses of purchasing and integrating machines. Due to farmers' low penetration and scarcity of the necessary skills to successfully integrate precision harvesting with agriculture, the market for precision harvesting is anticipated to experience difficulties throughout the projected period.
Impact of COVID-19
As a result of demand and supply chain interruptions, the sales volume of the majority of food categories decreased. Farming communities are becoming increasingly conscious of the growing smart harvest market, despite the negative effects of the pandemic's downturn in the agricultural business on the market. New harvesting technologies that employ machines have been created because during the lockdowns, human involvement has to be kept to a minimum. After the pandemic is finished, increasing awareness, a shrinking agricultural labour rapid urbanisation, and rising global food demand will eventually push the market.
Market Segmentation
Global Automated Harvesting System Market is segmented into Technology, Component and Application. By Technology such as Light Energy Harvesting, Vibration Energy Harvesting, Radio Frequency Energy Harvesting, and Thermal Energy Harvesting. By Component such as Energy Harvesting Transducers, Power Management Integrated Circuits (PMIC), and Storage System. By Application such as Horticulture, Greenhouse, Crops and Others.
Regional Analysis
Global Automated Harvesting System Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The automated harvesting system market is now dominated by North America, and then this dominance will grow throughout the projection period.
Key Players
This report includes a list of numerous Key Players, namely ABB Ltd (Switzerland), Analog Devices, Inc. (U.S.), Texas Instruments Incorporated (U.S.), Cymbet Corporation (U.S.), EnOcean GmbH (Germany), STMicroelectronics N.V. (Switzerland), e-peas SA (Belgium), Advanced Linear Devices, Inc. (U.S.), Piezo.com (U.S.), Cypress Semiconductor Corporation (U.S.).
Market Taxonomy
By Technology
By Components
By Application
By Region
Global Automated Harvesting System Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Automated Harvesting System Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Automated Harvesting System Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Global Automated Harvesting System Market Share Analysis, By Technology
5.3 Global Automated Harvesting System Market Size and Forecast, By Technology
5.3.1 Light energy harvesting
5.3.2 Vibration energy harvesting
5.3.3 Frequency energy harvesting
5.3.4 Thermal energy harvesting
5.3.5 Radio frequency energy harvesting
6 Global Automated Harvesting System Market, By Component
6.1 Y-o-Y Growth Comparison, By Component
6.2 Global Automated Harvesting System Market Share Analysis, By Component
6.3 Global Automated Harvesting System Market Size and Forecast, By Component
6.3.1 Energy Harvesting Transducers
6.3.2 Power Management Integrated Circuits (PMIC)
6.3.3 Storage System
7 Global Automated Harvesting System Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Automated Harvesting System Market Share Analysis, By Application
7.3 Global Automated Harvesting System Market Size and Forecast, By Application
7.3.1 Horticulture
7.3.2 Greenhouse
7.3.3 Crops
7.3.4 Others
8 Global Automated Harvesting System Market, By Region
8.1 Global Automated Harvesting System Market Share Analysis, By Region
8.2 Global Automated Harvesting System Market Share Analysis, By Region
8.3 Global Automated Harvesting System Market Size and Forecast, By Region
9 North America Automated Harvesting System Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Automated Harvesting System Market Share Analysis, By Technology
9.3 North America Automated Harvesting System Market Size and Forecast, By Component
9.4 North America Automated Harvesting System Market Size and Forecast, By Application
9.5 North America Automated Harvesting System Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Automated Harvesting System Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Automated Harvesting System Market Share Analysis, By Technology
10.3 Europe Automated Harvesting System Market Size and Forecast, By Component
10.4 Europe Automated Harvesting System Market Size and Forecast, By Application
10.5 Europe Automated Harvesting System Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4. Rest of Europe
11 Asia Pacific Automated Harvesting System Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Automated Harvesting System Market Share Analysis, By Technology
11.3 Asia Pacific Automated Harvesting System Market Size and Forecast, By Component
11.4 Asia Pacific Automated Harvesting System Market Size and Forecast, By Application
11.5 Asia Pacific Automated Harvesting System Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Automated Harvesting System Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Automated Harvesting System Market Share Analysis, By Technology
12.3 Latin America Automated Harvesting System Market Size and Forecast, By Component
12.4 Latin America Automated Harvesting System Market Size and Forecast, By Application
12.5 Latin America Automated Harvesting System Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Automated Harvesting System Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Automated Harvesting System Market Share Analysis, By Technology
13.3 Middle East Automated Harvesting System Market Size and Forecast, By Component
13.4 Middle East Automated Harvesting System Market Size and Forecast, By Application
13.5 Middle East Automated Harvesting System Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 ABB Ltd
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Analog Devices, Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Texas Instruments Incorporated
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Cymbet Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 EnOcean GmbH
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 STMicroelectronics N.V.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 e-peas SA
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Advanced Linear Devices, Inc.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Piezo.com
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Cypress Semiconductor Corporation
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
