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Smart Harvest Market Size, Major Manufacturers, Segments and Forecast by 2030

09-27-2023 06:18 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Smart Harvest Market

Smart Harvest Market

The Smart Harvest Market is witnessing rapid growth, driven by the need for labor-saving solutions in agriculture. This market encompasses cutting-edge technologies like autonomous vehicles, AI-powered crop monitoring, drones, and IoT devices. These innovations enhance efficiency, reduce waste, and promote sustainability in farming practices. With the continuous evolution of technology and a growing emphasis on precision agriculture.

The global smart harvest market was valued at $12,450.9 million in 2020, and is projected to reach $36,977.1 million by 2030, growing at a CAGR of 11.4% from 2021 to 2030

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Top Companies
Dogtooth Technologies, AVL Motion, Harvest Automation, Energid Technologies, Agrobot, Deere & Company, Robert Bosch, Abundant Robotics, FFRobotics, Harvest.

Smart Harvest encompasses a range of technologies, including autonomous robots, drones, artificial intelligence (AI), machine vision systems, and IoT (Internet of Things) devices. These technologies work in tandem to optimize the harvesting process, from monitoring crop health to precisely picking and sorting fruits and vegetables. The result is not only increased efficiency but also reduced waste, improved quality, and enhanced sustainability.

Agriculture is the main occupation for many countries such as India, Africa, and others. In addition, developing countries are engaged in large-scale agriculture, which significantly increases demand for automation and smart harvesting technologies. Using smart solutions such as IoT is expected to help farmers in weather forecasting and crop harvesting. IoT in crop management helps to accurately determine real-time weather conditions such as precipitation, humidity, and temperature. Precision farming is one of the main applications of smart harvest market analysis.

The need to maximize crop yield and minimize resource usage has led to the adoption of precision agriculture techniques. Smart Harvest aligns perfectly with these goals by ensuring that each crop is harvested at the optimal time and with minimal damage. Increasing environmental awareness and the demand for sustainable agricultural practices have prompted farmers to explore methods that reduce chemical usage and waste. Smart Harvest technologies can minimize over-harvesting and reduce the need for harmful chemicals. The rapid evolution of technology, particularly in AI, machine learning, and robotics, has made smart harvesting more accessible and cost-effective for farmers of all scales.

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The self-driving tractors and harvesters with advanced sensors and GPS technology are becoming more common on farms for precise and efficient harvesting. AI-powered algorithms and machine vision systems help identify ripe crops, assess their quality, and guide the harvesting process. Drones and IoT devices monitor harvest processes, ensuring crop preservation. Data analytics platforms help farmers make informed decisions based on real-time weather data, soil conditions, and crop maturity.

Smart harvesting in precision farming includes vehicle tracking and inventory monitoring, more specifically field observation. Precision farming helps farmers analyze soil conditions. Cloud-based data storage is one of the technologies in the market. Cloud-based data storage uses data analytics to analyze livestock and crop health and smart technologies make the harvesting process easier by reducing labor and increasing crop production. Such instances are driving the smart harvest industry.

The Smart Harvest market is poised for continued growth as agriculture increasingly embraces technology-driven solutions. These advancements not only address the challenges of labor shortages and environmental concerns but also promise higher yields and better quality crops. As smart harvesting technologies become more affordable and accessible, we can expect to see their widespread adoption across the agricultural landscape, transforming the way we grow and harvest food for a more sustainable future.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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