Smart Harvest Market: To Surge At A Robust Pace In Terms Of Revenue Over 2021-2031

-

 

Smart Harvest Market – Introduction

  • The growing demand for food due to the rising population globally has put immense pressure on farmers to increase crop yield. But the shortage of labor in agricultural fields is leading to less harvest. Farmers are therefore using smart devices to expand their production capacity. The increasing adoption of latest technologies in farming for maximizing profitability is helping in the growth of the smart harvest market.

Key Drivers of the Smart Harvest Market

  • Increasing labor shortage due to the cost factor has a positive impact on the smart harvest market. Also, governments in developing countries across the globe are taking initiatives and encouraging farmers to adopt smart harvesting systems. Further, demand for harvesting robots, automation, sensors, control systems, and imaging systems is expected to increase with advancement in technology, which further helps in the growth of the smart harvest market.
  • Smart harvest systems help farmers to increase production capacity and profitability by adopting latest technologies. It is also cost efficient as it reduces labor overheads and enables optimal use of resources. This factor further drives the demand for smart harvest systems.

Factors Restraining the Smart Harvest Market

  • Smart harvest systems require extensive technical knowledge and skills. However, many farmers do not have these skills, and finding someone with technical ability is difficult and even expensive. This factor discourages many farmers from adopting smart harvest systems. Additionally, the high cost of installation of smart harvest technologies hampers the growth of the smart harvest market. Demand for smart harvest systems also declined in 2020 due to the lockdown and other government imposed restrictions because of the COVID-19 pandemic. 

Europe to Hold Leading Share of the Global Smart Harvest Market

  • In terms of region, the global smart harvest market can be divided North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • Country and sub-region level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the smart harvest market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The smart harvest market in South America is segmented into Brazil and Rest of South America.

Looking for exclusive market insights from business experts? Request Brochure here@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=70926

  • Europe dominated the global smart harvest market in 2020, due to increasing adoption of advanced harvesting technologies in the region. Increasing population has been driving the smart harvest market in Europe, particularly in the UK, Germany, and France.
  • The smart harvest market in Europe is projected to expand at a rapid pace, followed by Asia Pacific and North America during the forecast period.

Key Players Operating in the Smart Harvest Market

The global smart harvest market is highly competitive, owing to the presence of several global and regional players. Major players are adopting various strategies such as regional expansion and product portfolio expansion to consolidate their position in the market. A few key players operating in the global smart harvest market are:

  • Robert Bosch GmbH
  • Agrobot
  • Deere & Company
  • Smart Harvest Agritech Ltd.
  • Harvest Automation
  • Panasonic Corporation
  • Root AI
  • Abundant Robotics, Inc.

Get More PR by TMR:

https://www.prnewswire.com/news-releases/global-labels-market-to-ride-on-the-back-of-growing-popularity-of-linerless-labels-emergence-of-rfid-technology-to-emerge-as-a-game-changer-in-the-market—tmr-301325484.html


Comments

Post a Comment

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

-
  Global  Oil and Gas Terminal Automation Market : Overview A sturdy growth rate, compounded annually, will be recorded in the global oil and gas terminal market, states Transparency market Research (TMR), for the period of 2019 to 2027. It will be driven forward on to a high growth trajectory at the back of a number of growth factors. Some of these are low oil prices and growing demand for natural gas across a number of varied industry verticals. Demand for oil and gas will also be pushed up by growing population for its energy and fuel needs. This in turn will require more exploration, extraction, better storage and robust distribution. And, this again would lead to demand for oil and gas terminal automation. Therefore, the market will be rife with new opportunities of growth in this period. And, as per TMR, the players would do their best to make the most of these. Global Oil and Gas Terminal Automation Market: Competitive Landscape Global oil and gas terminal automation market is a
Read more

Military Land Vehicle Electronics Market: Latest Trends and Forecast Analysis up to 2019 - 2027

-
Global Military Land Vehicle Electronics Market – Introduction Military land vehicle electronics are used in military land vehicles to enable navigation, communication, and observation in the exchange of intra-vehicular or inter-vehicular information. They are used in the military to increase warfare capabilities in surveillance, intelligence, and reconnaissance missions. This is expected to enhance the demand for military land vehicle electronics across the world.  The growing trend of an open reference architecture system is augmented by an increasing need for military land vehicle electronics, which is turn is expected to fuel the market. Besides, armored fighting vehicles (AFVs) are equipped with networked information technology, so as to provide them with combat capabilities and optimal situational awareness. This in turn is expected to boost the military land vehicle electronics market over the forecast period. Key Drivers of the Military Land Vehicle Electronics Market
Read more

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027

-
  Impact Sensing Door Unlock System : Introduction The impact sensing door unlock system unlocks the door automatically without a key, it can be operated through a mobile application. The impact sensing door unlock system consists of sensors and an electronic control unit, wherein the sensors receive a signal from the wireless system and transmits that signal to the electronic control unit. The electronic control unit is wired to the central lock, which in turn unlocks or locks all the doors of the vehicle. Key Drivers of Impact Sensing Door Unlock System Market Rise in demand for safety and security features in a vehicle is estimated to boost the impact sensing door unlock system market. Every vehicle manufacturer is trying to boost the integration of advanced safety features, including center locking system with impact sensing door unlock system that is activated through a mobile application. This in turn is projected to fuel the demand for the impact sensing door unlock system. Incr
Read more