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Automated Harvesting System Market Size Projected To Reach $2.99 Billion By 2034 With A Cagr Of 7.8%
The Automated Harvesting System Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Automated Harvesting System Market?
The Automated Harvesting System Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Automated Harvesting System Market?
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What Are the Different Automated Harvesting System Market Segments?
The automated harvesting system market covered in this report is segmented -
1) By Components: Energy Harvesting Transducers, Power Management Integrated Circuits (PMIC), Storage Systems
2) By Technology: Light Energy Harvesting, Vibration Energy Harvesting, Radio Frequency Energy Harvesting, Thermal Energy Harvesting, Frequency Energy Harvesting
3) By Application: Horticulture, Greenhouse, Crops, Other Application Types
Subsegments:
1) By Energy Harvesting Transducers: Solar Harvesting Devices, Piezoelectric Harvesting Devices, Thermoelectric Harvesting Devices, Electromagnetic Harvesting Devices
2) By Power Management Integrated Circuits (PMIC): Voltage Regulators, Energy Management ICs, Battery Management ICs, Power Conditioning ICs
3) By Storage Systems: Supercapacitors, Rechargeable Batteries, Energy Storage Modules, Flywheel Energy Storage Systems
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What Are the Primary Drivers Shaping the Automated Harvesting System Market?
The surge in demand for industrial crops augurs well for the expansion of automated harvesting systems. Industrial crops such as sugarcane, tea, pepper, and coconut are not usually available for direct consumption as they require industrial processing first. Automated harvesting systems come into play to deracinate these crops. Before the extraction, the harvest robot uses computer vision to determine the fruit's ripeness. These systems, when applied to industrial crops, can significantly enhance efficiency and productivity in farming. For instance, the Department for Environment Food and Rural Affairs, a US governmental body, reported in June 2024 that the total factor productivity of the UK's agricultural sector in 2023 was 241, a 2.70% increase from 235 in the previous year. Thus, the escalating demand for industrial crops is propelling the automated harvesting systems market's growth.
Which Companies Are Leading in the Automated Harvesting System Market?
Major companies operating in the 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., YANMAR HOLDINGS CO. LTD., Kubota Agricultural Machinery India Pvt. Ltd., Advanced Linear Device Inc., e-peas SA, Analog Devices Inc., Texas Instruments Incorporated, Cymbet Corporation, EnOcean GmbH, STMicroelectronics NV, Cypress Semiconductor Corporation, Powercast Corporation, Laird Thermal Electronics Inc., DCO Systems Ltd., Drayson Technologies Ltd., 3A Composites India Private Limited, GlobalFoundries Inc., AGCO Corporation, Trimble Inc., DJI, Lely, DeLaval, and Kistler Group.
What Are the Major Trends Shaping the Automated Harvesting System Market?
A significant trend emerging in the automated harvesting systems market is the focus on product innovations. Businesses in this market are leveraging cutting-edge technologies to maintain their competitive edge. For example, AGRIST Co. Ltd., a technology provider addressing agricultural issues in Japan, introduced a new product named the L pepper harvest robot in January 2023. This innovative L robot precisely selects harvest-ready peppers through layered leaves. The robot is a novel method for automated collection of bell peppers. It utilizes an assortment of cameras and a unique AI system to single out ripe peppers concealed within dense foliage with surgical precision. The 'L' robot comes equipped with an end-effector on its arm that traces stems till it locates the desired pepper, cuts it off, and carefully places it in a gathering box. The robot also daily surveys farms to keep track of crop growth and provides suggestions to farmers for optimal farm management.
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What Are the Top Revenue-Generating Geographies in the Automated Harvesting System Market?
North America was the largest region in the automated harvesting system market in 2024. The regions covered in the automated harvesting system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automated Harvesting System Market?
2. What is the CAGR expected in the Automated Harvesting System Market?
3. What Are the Key Innovations Transforming the Automated Harvesting System Industry?
4. Which Region Is Leading the Automated Harvesting System Market?
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