Global Precision Harvesting Market – Industry Trends and Forecast to 2028

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Market Analysis and Insights : Global Precision Harvesting Market

The precision harvesting market is expected to witness market growth at a rate of 10.38% in the forecast period of 2021 to 2028 and is expected to reach USD 28.79 billion by 2028. Data Bridge Market Research report on precision harvesting market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increasing adoption of autonomous combine harvesters is escalating the growth of precision harvesting market.

Precision harvesting refers to a modern agricultural cultivation technique involving 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 positively affect the crop return by monitoring the soil, humidity, monitoring crops and temperature.

The increasing mechanization of farms, rising consciousness regarding internet of things (IoT) devices and advanced analytics among farmers are the major factors driving the precision harvesting market. The high use of harvesting robots in greenhouse and horticulture, adoption of precision harvesting to enhance harvesting productivity with the fully-integrated harvest solution, and acceptance of proven technologies for all harvesting needs accelerate the precision harvesting market growth. The use of farm management involving information technology (IT) so that the crops and soil can get the right amount of things at the right time, the increase in inclination towards this technology to provide better productivity, profitability, sustainability and protection of the environment and the deployment of specialized equipment, software and IT services accessing real-time information about the conditions of the crops, soil and ambient air also influence the precision harvesting market. Additionally, increasing consciousness regarding internet of things (IoT) devices, government promotion and support for adoption and applications for modern agriculture techniques and rising adoption of mechanical labor techniques in agriculture positively affect the precision harvesting market. Furthermore, innovations in the farming techniques extend profitable opportunities to the precision harvesting market players in the forecast period of 2021 to 2028.

On the other hand, high initial cost for purchasing and integration of machines is expected to obstruct the precision harvesting market growth. Lack of penetration and skills required by farmers to fully integrate precision harvesting and agriculture is projected to challenge the precision harvesting market in the forecast period of 2021 to 2028.

This precision harvesting market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on precision harvesting market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.                                                               

Precision Harvesting Market Scope and Market Size

The precision harvesting market is segmented on the basis of offering, product type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets. 

• On the basis of offering, the precision harvesting market is segmented into hardware, software and services. Hardware is further segmented into automation and control system, sensing devices and others.
• On the basis of product type, the precision harvesting market is segmented into harvesting robots, self-propelled forage harvesters and combine harvesters.
• On the basis of application, the precision harvesting market is segmented into horticulture, greenhouse, crops and others.

Global Precision Harvesting Market Country Level Analysis

The precision harvesting market is analyzed and market size, volume information is provided by country, offering, product type and application as referenced above.   

The countries covered in the global precision harvesting market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).    

North America dominates the precision harvesting market because of the adoption of precision harvesting technologies, high implementation of advanced harvesting systems and equipment steering and guidance systems, sensors, display devices and harvesting management soft and technological advancement in the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the high labor-intensive area.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Precision Harvesting Market Share Analysis

The precision harvesting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to precision harvesting market.

The major players covered in the precision harvesting market report are Pellenc, KUBOTA Corporation, ISEKI & CO., LTD., Harvest Automation, Vision Robotics Corporation, FFRobotics and HARVEST CROO., TEEJET TECHNOLOGIES, Topcon, DICKEY-john, CNH Industrial N.V., Ploeger Oxbo Group, N.V., Dewulf S.A., Clean Seed Capital, Deere & Company, Trimble Inc., AgJunction, Raven Industries, CLAAS KGaA mbH, Ag Leader Technology among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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