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Increasing savings and efficiency in agriculture has resulted in global precision harvesting market to rise to a projected value of USD 23.78 billion by 2026 rising from its estimated value of USD 10.19 billion in 2018 growing with a CAGR of 11.18% in the forecast period of 2019-2026.
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Market Drivers:
Increasing adoption of mechanical labour techniques in agriculture instead of labour-intensive labour methods due to the growing cost of labour; this factor is expected to act as a driver for the market growth
Government promotion and support for adoption and applications for modern agriculture techniques; this factor is expected to act as a driver for the market growth
Market Restraints:
High initial cost for purchasing and integration of machines is expected to restrain the market growth
Lack of penetration and skills required by farmers to fully integrate precision harvesting and agriculture; this factor is expected to act as a restraint to the market growth
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Segmentation: Global Precision Harvesting Market
By Offering
Hardware (Guidance & Steering System, Global Positioning System (GPS), Robotic Arm
Sensors, Cameras, Yield Monitoring System Others 0
Software
Services
By Product Type
Harvesting Robots
Self-Propelled Forage Harvesters
Combine Harvesters
By Application
Horticulture
Greenhouse
Crops
Others
By Geography
Asia Pacific (China, South Korea, Japan, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific)
North America (US, Canada, Mexico)
Europe (Russia, Turkey, Belgium, Netherlands, Switzerland, Spain, France, Germany, Italy, UK, Rest of Europe
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa)
Table of Contents: Global Warehouse Robotics Market
Executive Summary
Scope/opportunities of the Report
Research Methodology
Market Landscape
Pipeline Analysis
Market Sizing
Porter’s Five Forces Analysis
Market Segmentation
Customer Landscape
Regional Landscape
Business Decision Framework
Drivers And Challenges
Market Key Trends
Players Landscape
Players Analysis
Appendix
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Key Developments in the Market:
In December 2018, AgJunction announced that they had agreed to collaborate with Mahindra & Mahindra Ltd. The agreement will help both the companies deliver specific technological development and help in expanding their product portfolios.
In July 2018, Clean Seed Capital announced that they had agreed to acquire HARVEST INTERNATIONAL, INC. With this acquisition both the companies will be able to enhance their technological offerings and provide consumers and farmers with modern technology.
Competitive Analysis: Global Precision Harvesting Market
Global precision harvesting market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of precision harvesting market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players: Global Precision Harvesting Market
Deere & Company; Trimble Inc., AgJunction, Raven Industries, CLAAS KGaA mbH, Ag Leader Technology, TEEJET TECHNOLOGIES, Topcon, DICKEY-john, CNH Industrial N.V., Ploeger Oxbo Group, N.V. Dewulf S.A., Clean Seed Capital, Pellenc | Agriculture | South Africa, KUBOTA Corporation, ISEKI & CO., LTD., Harvest Automation, Vision Robotics Corporation, FFRobotics and HARVEST CROO.
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