The global smart harvest market size is expected to reach USD 27.94 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising focus on increasing agricultural productivity and crop yield. Rapid increase in the global population is exerting pressure on the agricultural sector worldwide to increase productivity in order to meet rising growing demand for food. Farmers are increasingly adopting smart harvest technologies to maximize profitability and output in a lesser time and in a more cost-effective manner. Limited availability of arable land is a key factor driving demand for indoor farming activities and increasing usage of smart harvesting technologies to eliminate labor expenses. Moreover, rising cost of labor owing to shortage of skilled workforce is another key factor boosting utilization of harvesting robots and autonomous combine harvesters to eliminate excess labor cost and increase agricultural productivity.

The report is formulated with the updated and latest information of the global Smart Harvest market further validated and verified by the industry experts and professionals. The Global Smart Harvest Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Smart Harvest market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

Deere & Company, Robert Bosch GmbH, Panasonic Corporation, Energid Technologies, Smart Harvest Ltd, Harvest Automation, Inc., Dogtooth Technologies, AVL Motion B.V., Abundant Robotics, Inc., and Iron Ox, Inc

Research Report on the Smart Harvest Market Addresses the Following Key Questions:

• Who are the dominant players of the Smart Harvest market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the Smart Harvest market?
• What are the key growth drivers and restraining factors of the Smart Harvest market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the Smart Harvest market and its key segments?

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Emergen Research has segmented the global Smart Harvest market on the basis of type, type of care, and region

Segments Covered in this report are:

• Site of Operation Outlook (Revenue, USD Billion; 2018–2028)

  • Greenhouse
  • On-Field
  • Indoor

• Component Outlook (Revenue, USD Billion; 2018–2028)

  • Software
  • Hardware
    1. Sensors
    2. Automation & control systems
    3. Harvesting robots
    4. Imaging systems  

• Crop Type Outlook (Revenue, USD Billion; 2018–2028)

  • Vegetables
  • Fruit

In conclusion, the Smart Harvest Market report is an exhaustive database that will help readers formulate lucrative strategies. The Smart Harvest Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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