Accelerating Growth and Evolving Trends in the Automated Harvesting System Market: Forecasts for 2024-2029

Be part of the rapidly evolving global Automated Harvesting System Market - forecast to grow at a CAGR of 7.8% by 2029, powered by technological advancements and driven by the increased demand for industrial crops.

What Is The Projected Market Size Of The Global Automated Harvesting System Market And Its Growth Rate?
The global Automated Harvesting System Market has experienced consistent growth in recent years with key figures showing:
• 2024 Market Size: $2.12 billion
• 2025 Market Size: $2.22 billion (4.7% CAGR)
• 2029 Market Size: $2.99 billion (7.8% CAGR)
This growth is underpinned by rising demand for business jets, global air traffic expansion, innovations in electric vtol aircraft, and an overall focus on reliability and safety.

What Is Driving The Growth In The Automated Harvesting System Market?
Increased demand for industrial crops which include tea, pepper, and coconut, among others, is expected to significantly propel the growth of automated harvesting systems. These systems optimize the farming process by leveraging computer vision to gauge the ripeness of the fruit before harvesting. Through an example from the Department for Environment Food and Rural Affairs, it was noted that the total factor productivity of the UK's agriculture industry reached 241 in 2023, up from 235 in the previous year, marking a 2.70% increase. These developments underscore the impact of the increased demand for industrial crops on the growth of the automated harvesting systems market.

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Who Are the Key Players Driving Automated Harvesting System Market Growth?
The major companies operating in the global Automated Harvesting System market include:
• ABB Ltd.
• Honeywell International Inc.
• CNH Industrial N.V.
• Robert Bosch GmbH
• DeepField Robotics
• Clearpath Robotics Inc.
• AgEagle Aerial Systems Inc.
• BouMatic Robots BV
• Deere & Company
• Blue River Technology Inc.,
• Abundant Robotics Inc.
• Grownetics Inc.

What Are The Key Trends In The Automated Harvesting System Market?
Key trends powering the Automated Harvesting System Market include:
• Hybrid electric propulsion systems
• Integration of permanent magnet motors
• Lightweight and compact motor designs
• Digitalization and condition monitoring
• Customization for specific aircraft types

What Are The Segments Of The Global Automated Harvesting System Market?
The global Automated Harvesting System market is segmented based on:
• Components: Energy Harvesting Transducers, Power Management Integrated Circuits (PMIC), Storage Systems
• Technology: Light Energy Harvesting, Vibration Energy Harvesting, Radio Frequency Energy Harvesting, Thermal Energy Harvesting, Frequency Energy Harvesting
• Application: Horticulture, Greenhouse, Crops, Other Application Types

Which Region Leads The Automated Harvesting System Market?
In 2024, North America was the largest region in the global Automated Harvesting System Market. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.

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What Is Covered In The Automated Harvesting System Market Global Market Report?
- Market Size Analysis: Analyze the Automated Harvesting System Market size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the Automated Harvesting System Market for effective categorization.

- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall Automated Harvesting System Market growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Automated Harvesting System Market.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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