Future of the Precision Harvesting Market: Strategic Analysis and Forecast to 2034

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Precision Harvesting Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over recent years, the market size of precision harvesting has observed significant growth. The market, which is projected to expand from $15.86 billion in 2024 to $17.43 billion in 2025, will witness a compound annual growth rate (CAGR) of 9.9%. This growth in the historic period is due to factors such as the surge in sustainable farming methods, the rising awareness of precision farming, farm expansion, the emergence of agri-tech start-ups, and an increased emphasis on crop quality.

Precision Harvesting Market Size Forecast: What's the Projected Valuation by 2029?
Anticipated robust expansion in the forthcoming years is predicted for the market size of precision harvesting, which is projected to escalate to a value of $25.15 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 9.6%. This noticeable growth during the forecasted timeframe is linked to several factors such as the escalating demand for considerable crop yields, expansion of farm mechanization, growing global need for food, increasing labor expenses, and a surging requirement for high-grade produce. Key trends in the forecast period involve progression in technology, self-operating tractors, global navigation systems, yield surveillance systems, and sensor innovations.

View the full report here:
https://www.thebusinessresearchcompany.com/report/precision-harvesting-global-market-report

What Are the Drivers Transforming the Precision Harvesting Market?
The precision harvesting market is poised for expansion as the need for increased crop yields continues to rise. The term "high crop yield" pertains to the amount of agricultural output harvested per unit area of farmland, often gauged in terms of weight or volume. Numerous factors like urbanization, changing climate, food security concerns, increase in income levels, dietary variations, international trade, and market requirements are contributing to the surge in the need for high crop yields. Precision harvesting methods and technologies facilitate farmers in optimising crop yields by promoting efficiency, minimising wastage, boosting quality, and instigating knowledgeable decision-making driven by instant data and analytics. For example, in February 2024, the Department for Environment, Food, and Rural Affairs, a UK government entity, reported that in 2022, wheat production observed an 11% increase to exceed 15.5 million metric tons, owing to increased yields. This upliftment led to a production value of £4.1 billion ($5.25 billion), marking a 50% increase from 2021. Furthermore, oilseed rape production in 2022 escalated by 39% to nearly 1,361 thousand tons due to greater average yields and more planted area compared to 2021. Hence, the burgeoning demand for elevated crop yields is fuelling the development of the precision harvesting market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=17236&type=smp

What Long-Term Trends Will Define the Future of the Precision Harvesting Market?
Principal corporations active in the precision harvesting market are prioritizing the creation of sophisticated products like automated harvesting systems. The goal of these systems is to boost both productivity and profits for farmers during the hectic harvest period. Automated harvesting systems allow for minimal human involvement, utilizing top-tier technology and equipment. This includes robotics, sensors, AI, and more to efficiently and accurately collect crops. For example, Case IH, an agricultural machinery manufacturer from the US, debuted their new Axial-Flow 260 series combine in June 2024. This machinery comes with an in-built, cost-free technology specifically designed to cater to the distinct needs of each farmer. The Axial-Flow 260 series houses a harvest command combine automation system that automatically amends settings to optimize throughput and grain quality. Additionally, it consists of high-resolution Pro 1200 Dual Displays for operators to track machine metrics, field activities, and real-time grain quality. It also holds dual Pro1200 displays capable of offering intuitive Harvest Command automation technology, cutting-edge guidance, mapping facilities, and compatibility with other Pro700-enabled machines. The top-notch technology incorporated into the combine ensures maximum throughput and grain management courtesy of the single-rotor Case IH harvesting technology.

Which Segments in the Precision Harvesting Market Offer the Most Profit Potential?
The precision harvesting market covered in this report is segmented -

1) By Product: Combine Harvesters, Harvesting Robots, Self-propelled Forage Harvesters
2) By Offering: Hardware, Software, Services
3) By Application: Crop Harvesting, Greenhouse, Horticulture, Other Applications

Subsegments:
1) By Combine Harvesters: Grain Combine Harvesters, Corn Combine Harvesters, Rice Combine Harvesters, Multi-Crop Combine Harvesters
2) By Harvesting Robots: Fruit-Picking Robots, Vegetable-Picking Robots, Automated Grape Harvesters, Autonomous Berry Harvesters
3) By Self-Propelled Forage Harvesters: Corn Forage Harvesters, Grass Forage Harvesters, Sugarcane Forage Harvesters, Whole-Crop Forage Harvesters

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=17236&type=smp

Which Firms Dominate the Precision Harvesting Market by Market Share and Revenue in 2025?
Major companies operating in the precision harvesting market are Deere & Company, CNH Industrial NV, KUBOTA Corporation, AGCO Corporation, Trimble Inc., Topcon Corporation, Raven Industries Inc., Precision Planting LLC, TeeJet Technologies, CLAAS KGAA mbH, Kinze Manufacturing Inc., Ag Leader Technology, FarmWise Labs Inc., Clearpath Robotics Inc., Sentera Inc., Farmers Edge Inc., DICKEY-john Corporation, Taranis Visual Ltd., senseFly SA, PrecisionHawk Inc., Octinion NV, VineView Sciences Inc.

Which Regions Offer the Highest Growth Potential in the Precision Harvesting Market?
North America was the largest region in the precision harvesting market in 2023. The regions covered in the precision harvesting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=17236

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.