Global Automated Harvesting System Market Projected to Grow at 7.3% CAGR, Reaching $2.91 Billion by 2029

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What Will the Automated Harvesting System Industry Market Size Be by 2025?
In the past few years, the dimension of the automated harvesting system market has continually amplified. The market is projected to inflate from a worth of $2.12 billion in 2024 to $2.19 billion in 2025, reflecting a compound annual growth rate (CAGR) of 3.3%. Factors that have fueled the growth during the historic period encompass the expansion of commercial aviation, modernization of military aircraft, increased air travel, the burgeoning demand for fuel-efficient aircraft, robust growth of the worldwide aerospace industry, and adherence to regulatory standards.

What's the Long-Term Growth Forecast for the Automated Harvesting System Market Size Through 2029?
In the upcoming years, there's expected to be a significant increase in the market size of the automated harvesting system, projected to reach $2.91 billion in 2029 with a compound annual growth rate (CAGR) of 7.3%. This expected growth in the forecast period can be credited to factors such as research and development initiatives, a surge in the demand for business jets, the extension of global air traffic, advancements in electric vtol aircraft, and a focus on dependability and safety. The forecast period is also expected to see trends like the incorporation of hybrid electric propulsion systems, the use of permanent magnet motors, lightweight and compact motor designs, digitalization, condition monitoring, and customization for specific aircraft models.

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What Are the Key Growth Drivers Fueling the Automated Harvesting System Market Expansion?
The surge in demand for industrial crops is predicted to drive the expansion of automated harvesting systems. Such crops, including sugarcane, tea, pepper, and coconut, typically undergo industrial processing before consumption, hence they're not directly offered for eating. Automated harvesting systems aid in the detaching of crops from their vines, with the assistance of computer vision implemented by harvesting robots to determine the fruit's ripeness prior to its removal. These systems have the potential to boost efficiency and productivity levels in agriculture, particularly for the growth of industrial crops. For example, as reported by the Department for Environment Food and Rural Affairs - a US government department - in June 2024, the agriculture industry in the UK recorded a total factor productivity of 241 in 2023, a rise from 235 the previous year, representing a 2.70% increase. This escalating demand for industrial crops, therefore, is catalyzing the ascension of the automated harvesting systems market.

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What Are the Key Trends Driving Automated Harvesting System Market Growth?
Product innovations are a key trend gaining popularity in the automated harvesting systems market. Companies operating in the automated harvesting systems market are adopting new technologies to sustain their position in the market. For instance, in January 2023, AGRIST Co. Ltd., a Japan-based company that solves agricultural problems with technology, launched a new product called the L pepper harvest robot. The new L robot selects harvest-ready peppers through stacked leaves with millimeter precision. The L robot is a method for collecting bell peppers automatically. Using a combination of different types of cameras and our proprietary AI (artificial intelligence) system, the robot can recognize and select harvest-ready peppers with millimeter precision through thick leaves. L has an end-effector on an arm that drags in stems until it reaches the target pepper, then clips it and folds it to drop it into a collection box. The robot patrols farms daily to monitor crop development and advise farmers on best farm management.

How Is the Automated Harvesting System Market Segmented?
The automated harvesting systemmarket 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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Which Companies Are Leading the Charge in Automated Harvesting System Market Innovation?
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.

Which Regions Are Leading the Global Automated Harvesting System Market in Revenue?
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

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