The demand for smart harvesting is expected to increase on account of improvement in overall productivity and the trend towards indoor farming. Further, favorable government policies aimed at integrating IoT with the agriculture industry will further boost the demand for smart harvesting. Furthermore, rising population has prompted increased demand for food which in turn has emphasized the focus on increasing the yield which is further anticipated to bolster the smart harvest industry. Moreover, rising technological advancements along with increased research and development activities is expected to provide growth opportunities for the market in the coming years. However high initial cost for setting up a smart harvesting system is expected to restrict the growing demand for smart harvesting. The market has been segmented on the basis of component, site of operation, crop type and geography. In the component segment, hardware is expected to witness substantial growth owing to the rising investment in research and development activities for innovation in products. In the site of operation, the indoor segment is estimated to grow significantly on account of the declining arable land across various regions. Geographically, the North American and European region are anticipated to hold a significant share in the market owing to the early adoption of technology and increasing research and development expenditure by vendors so as to develop cost-effective solutions. The Asia Pacific market is also expected to witness substantial growth in the coming years due to increasing population and favorable government policies.
DRIVERS
Rising adoption of automation in agricultural sector.
Supportive government initiatives.
RESTRAINTS
High installation costs.
INDUSTRY UPDATES
In October 2018, Iron Ox launched fully autonomous indoor farms with latest arable sciences, machine learning and robotics.
In September 2018, Energid Technologies launched Actin 5, an update to a real time adaptive robotic motion control and path planning toolkit.
In May 2018, Panasonic Corporation launched new AI-equipped tomato harvesting robots.
The major players profiled in the Smart Harvest market include Panasonic Corporation, Smart Harvest, Deere & Company, Harvest Automation, Abundant Robotics Inc., Dogtooth Technologies Ltd., Robert Bosch Gmbh, AVL Motion, Energid Technologies, SL Agrobot, FFRobotics, Harvest Croo, Metomotion, Root AI Inc., and Vision Robotics Corporation.
Segmentation
The Smart Harvest market has been analyzed through the following segments:
By Component
Hardware
Imaging Systems
Control Systems
Harvesting Robots
Sensors
Software
By Site of Operation
Indoor
Outdoor
By Crop Type
Fruits
Vegetables
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. SMART HARVEST MARKET BY COMPONENT
5.1. Hardware
5.1.1. Imaging Systems
5.1.2. Control Systems
5.1.3. Harvesting Robots
5.1.4. Sensors
5.2. Software
6. SMART HARVEST MARKET BY SITE OF OPERATION
6.1. Indoor
6.2. Outdoor
7. SMART HARVEST MARKET BY CROP TYPE
7.1. Fruits
7.2. Vegetables
8. SMART HARVEST MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Company Benchmarking and Analysis
9.2. Recent Investment and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Panasonic Corporation
10.2. Smart Harvest
10.3. Deere & Company
10.4. Harvest Automation
10.5. Abundant Robotics Inc.
10.6. Dogtooth Technologies Ltd.
10.7. Robert Bosch Gmbh
10.8. AVL Motion
10.9. Energid Technologies
10.10. SL Agrobot
10.11. FFRobotics
10.12. Harvest Croo
10.13. Metomotion
10.14. Root AI Inc.
10.15. Vision Robotics Corporation
LIST OF FIGURES
LIST OF TABLES
Panasonic Corporation
Smart Harvest
Deere & Company
Harvest Automation
Abundant Robotics Inc.
Dogtooth Technologies Ltd.
Robert Bosch Gmbh
AVL Motion
Energid Technologies
SL Agrobot
FFRobotics
Harvest Croo
Metomotion
Root AI Inc.
Vision Robotics Corporation
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