logo
9k
2k
0
9k

Comments

For our ancestors who didn’t have the benefit of a world map...

10 min ago
edit
delete

For our ancestors who didn’t have the benefit of a world map...

Rizom - April,2018
addtofavorite
share

For our ancestors who didn’t have the benefit of a world map...

Rizom - April,2018
addtofavorite
share

For our ancestors who didn’t have the benefit of a world map...

Rizom - April,2018
addtofavorite
share
Post
Comments

    Add Your Comment

    Post
1
0
0
33
Supriya Bhangale 2019-03-20 03:06
1
0
0
33
Growing Farm Labor Issues Due to Higher Costs and Availability Drives the Smart Harvest Market

The smart harvest market is projected to reach USD 15.6 billion by 2023, from USD 9.0 billion in 2018, at a CAGR of 11.81% during the forecast period. The rise in population has led to increased food demand, which in turn has led to increased pressure on farmers to increase yield and area harvested for various crops. However, global labor shortage in agriculture is one of the major factors leading to loss of yield due to improper maintenance and farming practices. To cater to this issue, farmers are highly adopting farm mechanization and other smart agriculture techniques to optimize their crop yields. 


On the basis of component, the hardware segment is projected to be the largest contributor in the smart harvest market during the forecast period

The smart harvest market has been segmented on the basis of component into hardware and software. The market for software is projected to record the higher CAGR between 2018 and 2023. The hardware aspect of the smart harvest market includes harvesting robots, automation and control systems, sensors, and imaging systems. All three hardware components are designed to coordinate their activities to move, identify, and harvest the fruit/vegetable. In the coming years, the integration of AI (Artificial Intelligence) in the smart harvest systems would allow the machines to make their own decisions based on the appropriate parameters.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=7445954

Declining farmlands to drive growth for indoor farming applications of smart harvest in the coming years

The smart harvest market is segmented on the basis of site of operation into on-field, greenhouses, and indoor farming. The market for on-field systems is projected to record the highest CAGR between 2018 and 2023. The development of smart harvest technologies and robots aims to minimize the impact of labor shortage, while also maximizing the benefits realized by the end users in the form of cost and time benefits. Declining farmlands in developing countries are expected to favor the growth for indoor systems during the next decade.

Improving hardware dexterity drives the growth for harvesting robot technologies in fruits during the forecast period

The harvesting robots market is segmented on the basis of crop type into vegetables and fruits. Manufacturers are developing and testing various harvesting robot technologies for commercial deployment during the forecast period. The current generation of smart harvest technologies is capable of harvesting a variety of fruits including apples, strawberries, and citrus fruits (lemons and oranges). The use of smart harvest systems expands the possibilities of integrating yield monitoring sensors and ripening controllers across a wide variety of fruits.

Europe is projected to account for the largest market share by 2023

The European smart harvest market is estimated to be the largest by 2023, while the Asia Pacific market is projected to grow as the fastest-growing region from 2018 to 2023. Europe and North America also host the largest concentration of manufacturers in the smart harvest industry, with major industry leaders maintaining their operations in the region. The strong agriculture sector in the region and increasing dependence on technology is expected to bolster prospects for the smart harvest market in the Asia Pacific region. 

Key players in the market include Robert Bosch GmbH (Germany), Deere & Company (US), Smart Harvest Ltd. (UK), Dogtooth Technologies (UK), Harvest Automation (US), Panasonic Corporation (Japan), Root AI (US), Abundant Robotics (US), Iron Ox (US), Agrobot (Spain), Energid Technologies Corp. (US), FFRobotics (Israel), Vision Robotics Corp. (US), Metomotion (Israel), AVL Motion (Netherlands), and Harvest Croo (US). These players are undertaking a strategy involving new product development and launches, and divestments to improve their market position and extend their core competitive advantage.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=7445954

Recent Developments:

  • In September 2018, Energid Technologies Corporation (US) launched a new software development kit and framework version of its Actin software. The new Actin 5 software incorporates real-time monitoring, adjustments, and inputs for robots, in which it is installed. The Actin 5 software is designed to emulate dynamic functions and help robots respond to a wide array of scenarios such as navigation, control, monitoring, and other functions without compromising on the overall effectiveness.
  • In January 2018, Panasonic Corporation (Japan) unveiled a prototype of their new fully autonomous tomato-picking robot in Tokyo. The robot is incorporated with high-resolution cameras, sensors, and artificial intelligence features to identify and pick ripe tomatoes. The robot has undergone extensive development and testing sessions since 2013 before the launch of its prototype stage.

Critical questions the report answers:

  • Where will all these developments take the industry in the mid to long term?
  • What are the upcoming commercial applications for smart harvest robots?
  • What is the impact of the indoor farming industry on smart harvest?
  • What are the new technologies being introduced in smart harvest?
  • What are the latest trends in smart harvest?


Source URL : https://www.marketsandmarkets.com/Market-Reports/smart-harvest-market-7445954.html

written by

written by

Supriya Bhangale

 

Comments

No comment yet...

Add Your Comment

Post