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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 from its estimated value of USD 10.19 billion in 2018 growing with a CAGR of 11.18% in the forecast period of 2019-2026.
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The key factors of this Precision Harvesting market report consist of primary research, benchmarking studies, secondary research, company profiles, competitive intelligence & reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming. It is a fully informative and proficient report that focuses on primary and secondary market drivers, market share, leading segments and geographical analysis. Integrated approaches and most up-to-date technology used for generating this Precision Harvesting report make it matchless. Thus, the Precision Harvesting market report acts as an imperative tool to have increments in business activities, qualitative work done and enhanced profits.
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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
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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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Key Developments in the Market:
In December 2018, AgJunction announced that they had agreed to collaborate with Mahindra & Mahindra Ltd. The agreement will help both the companies deliver specific technological development and help in expanding their product portfolios.
In July 2018, Clean Seed Capital announced that they had agreed to acquire HARVEST INTERNATIONAL, INC. With this acquisition both the companies will be able to enhance their technological offerings and provide consumers and farmers with modern technology.
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.
Major Market Competitors/Players: Global Precision Harvesting Market
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.
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