Increasing savings and efficiency in agriculture has resulted in global precision harvesting market to rise to a projected value of USD 23.78 billion by 2026 rising growing with a CAGR of 11.18% in the forecast period of 2019-2026.
Precision harvesting can be defined as a modern agricultural cultivation technique that involves the usage of various sensors and cameras to detect the appropriate period of time for cultivation for maximum yield. These sensors help in increasing the efficiency of crops and affecting the crop return by monitoring the soil, temperature, humidity, and monitoring crops.
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Major Key players profiled in this report are:
Deere & Company; Trimble Inc., AgJunction, Raven Industries, CLAAS KGaA mbH, Ag Leader Technology, TEEJET TECHNOLOGIES, Topcon, DICKEY-john, CNH Industrial N.V., Ploeger Oxbo Group, N.V. Dewulf S.A., Clean Seed Capital, Pellenc | Agriculture | South Africa, KUBOTA Corporation, ISEKI & CO., LTD., Harvest Automation, Vision Robotics Corporation, FFRobotics and HARVEST CROO.
Increasing adoption of mechanical labour techniques in agriculture instead of labour-intensive labour methods due to the growing cost of labour; this factor is expected to act as a driver for the market growth
Government promotion and support for adoption and applications for modern agriculture techniques; this factor is expected to act as a driver for the market growth
High initial cost for purchasing and integration of machines is expected to restrain the market growth
Lack of penetration and skills required by farmers to fully integrate precision harvesting and agriculture; this factor is expected to act as a restraint to the market growth
Market Segmentation: Global Precision Harvesting Market
Hardware (Guidance & Steering System, Global Positioning System (GPS), Robotic Arm
Sensors, Cameras, Yield Monitoring System Others 0
By Product Type
Self-Propelled Forage Harvesters
Asia Pacific (China, South Korea, Japan, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific)
North America (US, Canada, Mexico)
Europe (Russia, Turkey, Belgium, Netherlands, Switzerland, Spain, France, Germany, Italy, UK, Rest of Europe
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa)
Table of Contents: Global Warehouse Robotics Market
Scope/opportunities of the Report
Porter’s Five Forces Analysis
Business Decision Framework
Drivers And Challenges
Market Key Trends
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Competitive Analysis: Global Precision Harvesting Market
Global precision harvesting market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of precision harvesting market for global, Europe, North America, Asia Pacific and South America.
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