Automated Harvesting System Market 2023 - Trend Analysis, Industry Growth, Key Players, Growth Opportunities And Outlook By 2032

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Automated Harvesting System Market Size, Growth Rate, And Forecast

The global automated harvesting system market size is expected to grow from $1.84 billion in 2022 to $2.00 billion in 2023 at a compound annual growth rate (CAGR) of 8.19%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automated harvesting system market size is expected to reach $2.56 billion in 2027 at a CAGR of 6.46%.

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Automated Harvesting System Market Drivers

Increased demand for industrial crops is expected to propel the growth of automated harvesting systems. Industrial crops are crops that are often not offered directly for eating because they must be processed industrially before use, and they include sugarcane, tea, pepper, and coconut.

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Automated Harvesting System Market Segments

• By Components: Energy Harvesting Transducers, Power Management Integrated Circuits (PMIC), Storage Systems
• By Technology: Light Energy Harvesting, Vibration Energy Harvesting, Radio Frequency Energy Harvesting, Thermal Energy Harvesting, Frequency Energy Harvesting
• By Application: Horticulture, Greenhouse, Crops, Other Application Types
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Automated Harvesting System market.

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Automated Harvesting System Market Key Players

Major competitors in the Automated Harvesting System market include ABB Ltd., Honeywell International Inc., Advanced Linear Device Inc., e-peas SA, Analog Device Inc.

The Business Research Company's "Global Automated Harvesting System Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Automated Harvesting System Market Include:

1. Executive Summary
2. Automated Harvesting System Market Characteristics
3. Automated Harvesting System Market Trends And Strategies
4. Automated Harvesting System Market - Macro Economic Scenario
5. Automated Harvesting System Market Size And Growth
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26. Africa Automated Harvesting System Market
27. Automated Harvesting System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automated Harvesting System Market
29. Automated Harvesting System Market Future Outlook and Potential Analysis
30. Appendix

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