Precision Harvesting Market cover

Precision Harvesting Market By Products (Combine Harvesters, Harvesting Robots, and Self-propelled Forage Harvesters), Applications (Crops, Greenhouse, Horticulture, and Others), Offerings (Hardware [Automation & Control Systems, Sensing Devices, and Others], Software, and Services), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-3628
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 9
  • No. Of Pages: 190
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  • Pub. Date: Upcoming
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The global precision harvesting market size was valued USD 11.4 billion in 2020 and is estimated to expand at a CAGR of 8.5% during the forecast period, 2021–2028. The growth of the market is attributed to the rising adoption of independent unite picker and gleaning robots.

Precision Harvesting Market  summary

Precision harvesting is competent to change the conventional agriculture sector in harvesting. This type of harvesting involves in integration of advanced machinery into existing agricultural applications to improve production efficiency and crop yield. This process also includes gathering of field data to optimize the farming process and enables real-time and loading activities.

Market Trends, Drivers, Restraints, and Opportunities

  •  Rising demand for solutions to minimize the crop wastage is anticipated to fuel the growth of the market.
  • Growing adoption  of harvesting robots in greenhouse and horticulture is expected to propel the market growth.
  • Lack of skilled worker is estimated to drive the growth of the market.
  • Expanding awareness regarding benefits of precision harvesting such as cost-effectiveness and improving the productivity is expected to spur the growth of the market.
  • Time-consuming process of deploying autonomous harvesting systems can create challenges for the market.
  • Rising assuming of Harvesting Robots and want of normalization in and Safety Issues with precision harvesting.

Scope of the Report

The report on the global precision harvesting market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Global Precision Harvesting Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Products (Combine Harvesters, Harvesting Robots, and Self-propelled Forage Harvesters), Applications (Crops, Greenhouse, Horticulture, and Others), Offerings (Hardware [Automation & Control Systems, Sensing Devices, and Others], Software, and Services)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

 AGCO Corporation; Trimble Inc.; Deere & Company; AgJunction Inc.; Raven Industries, Inc.; AG Leader Technology, Inc.; FFRobotics; Precision Planting LLC; and Abundant Robotics, Inc. 

Global Precision Harvesting Market Segment Insights

Combine harvesters segment is expected to grow at a rapid pace

Based on products, the market is divided into combine harvesters, harvesting robots, and self-propelled forage harvesters. The combine harvesters segment is expected to grow at a rapid pace during the forecast period. Rising demand for food is anticipated to fuel the market growth. Moreover, increasing adoption of connected associate harvesters along with integration of 3D cameras, sensors, GPS, yield monitoring systems are the major drivers of the market segment.

Precision Harvesting Market  types

Greenhouse segment to hold a significant market share

On the basis of applications, the precision harvesting market is segregated into crops, greenhouse, horticulture, and others. The greenhouse segment is anticipated to account for a significant market share during the forecast period. Growing requirement for analytics software to provide guidance to farmers about crop rotation, optimal planting time, soil management, and harvesting time in greenhouse is spurring the market segment growth.
Services segment to exhibit a robust CAGR
In terms of offering, the market is segmented into hardware, software, services. The services segment is estimated to grow at a robust pace during the forecast period. Rising adoption of service providers that automate the farming practice and integrate the software and required products is expected to foster the market segment.

North America is anticipated to constitute a key market share

In terms of regions, the global precision harvesting market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to constitute a key share of the market during the projected period due to rising organization inventiveness for the adoption of modern developed infrastructure and agriculture technologies. Moreover, rising labor costs due to the shortage of experienced workers is fueling the regional market growth.

Precision Harvesting Market region

Segments

Segments Covered in the Report

The Global Precision Harvesting Market has been segmented on the basis of

Products

  • Combine Harvesters
  • Harvesting Robots
  • Self-propelled Forage Harvesters

Applications

  • Crop
  • Greenhouse
  • Horticulture
  • Others

Offerings

  • Hardware
    • Automation & Control System
    • Sensing Devices
    • Others
  • Software
  • Services

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • AGCO Corporation
  • Trimble Inc.
  • Deere & Company AgJunction Inc.
  • Raven Industries, Inc.
  • AG Leader Technology, Inc.
  • FFRobotics
  • Precision Planting LLC
  • Abundant Robotics, Inc. 

Competitive Landscape

Key players competing in the Global Precision Harvesting Market are AGCO Corporation; Trimble Inc.; Deere & Company; AgJunction Inc.; Raven Industries, Inc.; AG Leader Technology, Inc.; FFRobotics; Precision Planting LLC; and Abundant Robotics, Inc. 
Major industry players are focusing on strategies such as acquisitions, mergers, collaborations, product developments, partnerships, and expansions to expand their market share.

Precision Harvesting Market  keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. precision harvesting Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. precision harvesting Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. precision harvesting Market - Supply Chain
  4.5. Global precision harvesting Market Forecast
     4.5.1. precision harvesting Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. precision harvesting Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. precision harvesting Market Absolute $ Opportunity
5. Global precision harvesting Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. precision harvesting Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global precision harvesting Demand Share Forecast, 2019-2026
6. North America precision harvesting Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America precision harvesting Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America precision harvesting Demand Share Forecast, 2019-2026
7. Latin America precision harvesting Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America precision harvesting Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America precision harvesting Demand Share Forecast, 2019-2026
8. Europe precision harvesting Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe precision harvesting Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe precision harvesting Demand Share Forecast, 2019-2026
9. Asia Pacific precision harvesting Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific precision harvesting Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific precision harvesting Demand Share Forecast, 2019-2026
10. Middle East & Africa precision harvesting Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa precision harvesting Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa precision harvesting Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global precision harvesting Market: Market Share Analysis
  11.2. precision harvesting Distributors and Customers
  11.3. precision harvesting Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. AGCO Corporation
     11.4.2. Trimble Inc.
     11.4.3. Deere & Company AgJunction Inc.
     11.4.4. Raven Industries, Inc.
     11.4.5. AG Leader Technology, Inc.
     11.4.6. FFRobotics
     11.4.7. Precision Planting LLC

Segments Covered in the Report

The Global Precision Harvesting Market has been segmented on the basis of

Products

  • Combine Harvesters
  • Harvesting Robots
  • Self-propelled Forage Harvesters

Applications

  • Crop
  • Greenhouse
  • Horticulture
  • Others

Offerings

  • Hardware
    • Automation & Control System
    • Sensing Devices
    • Others
  • Software
  • Services

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • AGCO Corporation
  • Trimble Inc.
  • Deere & Company AgJunction Inc.
  • Raven Industries, Inc.
  • AG Leader Technology, Inc.
  • FFRobotics
  • Precision Planting LLC
  • Abundant Robotics, Inc. 

Key players competing in the Global Precision Harvesting Market are AGCO Corporation; Trimble Inc.; Deere & Company; AgJunction Inc.; Raven Industries, Inc.; AG Leader Technology, Inc.; FFRobotics; Precision Planting LLC; and Abundant Robotics, Inc. 
Major industry players are focusing on strategies such as acquisitions, mergers, collaborations, product developments, partnerships, and expansions to expand their market share.

Precision Harvesting Market  keyplayers

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