Smart Harvest Market Growing Popularity at a CAGR of 11.4% from 2021 to 2030

According to a new report published by Allied Market Research, titled, The smart harvest market size was valued at $12.5 billion in 2020, and is estimated to reach $37.0 billion by 2030, growing at a CAGR of 11.4% from 2021 to 2030.

Agriculture is the main source of livelihood for many nations, including India and several African countries. Additionally, developing nations are increasingly adopting large-scale farming methods, leading to a growing demand for automation and advanced harvesting technologies.

The use of smart solutions, such as IoT, offers great potential to assist farmers with weather forecasting and crop harvesting. By integrating IoT, crop management can precisely monitor real-time weather conditions like rainfall, humidity, and temperature.

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Key Segments Based On:

By Component -
Harvesting robots
GPS
Sensors
RFID
Others

By Techonology -
Hardware
Software

By Crop type -
Vegetables
Fruits

By Region -
North America
Europe
Asia-Pacific
LAMEA

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

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Key Benefits For Stakeholders:

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the smart harvest market analysis from 2020 to 2030 to identify the prevailing smart harvest Industry and agriculture equipment opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the smart harvest market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. 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.

This release was published on openPR.