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Harvesting Robots Market Incredible Possibilities, Growth CAGR 9.80% With Industry Study, growth rate, Detailed Analysis And Forecast by 20230
The persuasive Harvesting Robots Market business report contains thorough analysis of the market with respect to several factors about Data Bridge Market Research report industry that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. Harvesting Robots market will reach at an estimated value of grow by CAGR of 9.80% in the forecast period of 2023 to 2030. For market segmentation study, a market of potential customers is divided into groups or segments based on different characteristics such as end user and geographical region. Harvesting Robots market research report brings precise and exact market research information that drives the business into right direction.An influential Harvesting Robots marketing report not only provides market segmentation in the most-detailed pattern but also conducts thorough analysis of patents and major market players to provide a competitive landscape. This industry analysis report provides market data even by considering new product development from beginning to launch. The report discusses the recent and future market trends and performs analysis of the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. The large scale Harvesting Robots market report broadly encompasses absolute and distinct analysis of the market drivers and restraints, major market players involved in this industry, exhaustive analysis of the market segmentation, and competitive analysis of the key players.
Data Bridge Market Research analyses that the harvesting robots market is expected to reach USD 1451.84 million by 2030, which is USD 653.16 million in 2022, registering a CAGR of 10.50% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Key Players Mentioned in the Harvesting Robots Market Research Report:
Clearpath Robotics Inc. (U.S.)
AgEagle Aerial Systems Inc. (U.S.)
Trimble Inc. (U.S.)
Deere & Company. (U.S.)
AgJunction (Canada)
DeLaval (Sweden)
Abundant Robots (U.S.)
Grownetics, Inc. (U.S.)
Auroras s.r.l. (Italy)
GAMAYA (Switzerland)
YANMAR HOLDINGS CO., LTD (Japan)
Kubota Agricultural Machinery India Pvt. Ltd. (India)
AGCO Corporation (U.S.)
Harvest Automation (U.S.)
Harvest CROO Robotics LLC. (U.S.)
The report provides an excellent overview of the main macroeconomic factors having a significant impact on the growth of the Harvesting Robots market. It also provides the absolute dollar opportunity analysis which can be crucial in identifying revenue generation and sales increasing opportunities in the Harvesting Robots market. Market players can use the qualitative and quantitative analysis provided in the report to get a good understanding of the Harvesting Robots market and make strong strides in the industry in terms of growth. The overall Harvesting Robots market size and that of each segment studied in the report are accurately calculated based on various factors.
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The report uncovers important insights of the Harvesting Robots Integration market and includes projections with respect to revenue, industry size, and sales volumes over the study period. Additionally, the Harvesting Robots Integration market report provides detailed information regarding industry segmentations as well as the driving factors that will propel the profitability graph of the industry.
Harvesting Robots Market Dynamics
Drivers
Increasing demand of harvesting robots for fruit and vegetable harvesting
Fruit and vegetable harvesting is the method of harvesting vegetables, fruits, flowers, and many other from growing crops using human labour or technology which helps extend their shelf life by preventing post-production damage. The use of harvesting robots for fruit and vegetable harvesting can surge the production capacity and quality products owing to decreased various manual tasks such as pruning vines, beheading apples before storage amongst others which enable farmers to not only save their time than traditional farming practices that require hiring extra workers. Therefore, increasing demand for harvesting robots for fruit and vegetable harvesting will likely boost the market growth.
Surging product launches by major market players
The surging product launches by market players is expected to drive the market growth in this market. For instance, Future Acres, has launched its first robot named Carry, with plans to tackle picking in 2021. Carry relies on AI technology to transport hand-picked crops. Hence, decreasing the challenges of labour shortages and launching new products into the market as per the farmer's needs are driving the growth of the market.
Opportunities
Rising awareness regarding smart agriculture among farmers
Smart agriculture is the usage of technologies such as robots, location systems, sensors, the internet of things, and artificial intelligence on a farm. Progressively increasing awareness regarding the smart agriculture among farmers is rising the adoption of robots, such as harvesting robots. Using harvesting robots in the smart agriculture enhances the food production and also improves the quality food. Advanced farming technology proves an important part of the farmer's daily work. This is expected to create immense opportunities for the market growth.
Emergence of harvesting robots
Companies have started constructing harvesting robots that complete various tasks and minimize human work. The major concern over harvesting robots is the harvesting of soft crops such as strawberries. These crops can be damaged easily or missed entirely. As a result of these concerns, progress in this area is being made. For instance, The Harvest Crop Robotics, Florida-based company, has recently tested one of their strawberry pickers. This robot takes only 3 days to pick a 25-acre field, which replaces a crew of approximately 30 farm workers. This development is being made in harvesting apples, grapes and other crops. Thus, emerging launches associated with harvesting robots will generate lucrative opportunities for the market growth.
Restraints/ Challenges
Multiple issues associated with harvesting robots market
High expense of automation for small farms (10-1,000 acres) will act as major restraint factor which may hamper the growth of the harvesting robots market during the forecast period. Furthermore, the high cost and complication associated with fully autonomous robots will act as the biggest and foremost challenges for the growth of the harvesting robots market.
This harvesting robots market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the harvesting robots market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Based on Harvesting Robots Market Segmentations
On the basis of type, the harvesting robots market is segmented into unmanned aerial vehicles (UAVs), milking robots, driverless tractors, automated harvesting systems, and other robots. Unmanned Aerial Vehicles (UAVs) have been further segmented into fixed wing, rotary blade, and hybrid. Other robots have been further segmented into robotsfor nurseries, sorting and packing, and weed control.
On the basis of farming environment, the harvesting robots market is segmented into indoor farming and outdoor farming.
On the basis of farm produce, the harvesting robots market is segmented into fruits and vegetables, field crops, livestock, and others. Others have been further segmented into flowers and aquaculture.
On the basis of application, the harvesting robots market is segmented into harvest management, field farming, dairy and livestock management, irrigation management, pruning management, weather tracking and monitoring, inventory management, and others. Field farming has been further segmented into crop monitoring, plant counting, and crop scouting. Dairy & livestock management has been further segmented into dairy farm management, livestock monitoring, and precision fish farming. Soil management has been further segmented into moisture monitoring and nutrient monitoring. Others have been further segmented into financial management, farm labor management, demand forecasting, and forestry management.
Global Harvesting Robots Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2022-2029):
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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As per the data of UN, the global population will surge from around 7.3 billion in 2020 to approx. 9.7 billion in 2050. Hence, to keep up the increasing demand, farmers are bound to adopt latest and advanced innovations in their agricultural process. From drones to harvesting robots, the agri-tech industry is anticipated to grow exponentially during the forecast period. Harvesting is one of the most popular robotic applications in agriculture owing to the speed and accuracy that robots can achieve to reduce waste from crops being left in the field and increase the size of yield. As a result of this, the demand for the harvesting robots increases which will enhance the market growth.
Benefits:
This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
The individual market revenue of the major countries in each area is mapped.
The research examines the Harvesting Robots market circumstances on a regional and country-by-country basis.
The Harvesting Robots market's major participants have been identified.
To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
An in-depth analysis of the Harvesting Robots market's segmentation within the market has been offered, which is predicted to aid in the current market opportunities.
Table of Contents
Part 01: Executive Summary
Part 02: Scope of the Harvesting Robots Market Report
Part 03: Harvesting Robots Market Landscape
Part 04: Harvesting Robots Market Sizing
Part 05: Harvesting Robots Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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