The Automated Harvesting System Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
Learn More On The Automated Harvesting System Market:
https://www.thebusinessresearchcompany.com/report/automated-harvesting-system-global-market-report
In accordance with The Business Research Company’s Automated Harvesting System Global Market Report 2024, the automated harvesting system market has experienced robust growth in recent years, surging from $2 billion in 2024 to $2.14 billion at the same year’s closure, exhibiting a noteworthy compound annual growth rate (CAGR) of 7.1%. This expansion in the historical period is primarily attributed to the burgeoning commercial aviation sector, the modernization of military aircraft, the upsurge in air travel, the escalating demand for fuel-efficient aircraft, and the overarching growth of the global aerospace industry, alongside the reinforcement of regulatory standards.
Forecasts predict a continued upward trajectory for the automated harvesting system market, projecting a rise to $2.76 billion by 2028, with a CAGR of 6.6%. This anticipated growth in the forthcoming years can be ascribed to escalated research and development investments, an increasing demand for business jets, the expansion of global air traffic, breakthroughs in electric vertical takeoff and landing (eVTOL) aircraft, and an intensified emphasis on reliability and safety standards. Noteworthy trends expected during the forecast period encompass the emergence of hybrid electric propulsion systems, the integration of permanent magnet motors, the advent of lightweight and compact motor designs, the proliferation of digitalization and condition monitoring technologies, and the customization of systems tailored to specific aircraft types.
Increased demand for industrial crops is expected to propel the growth of automated harvesting systems.Industrial crops are crops that are often not offered directly for eating because they must be processed industrially before use, and they include sugarcane, tea, pepper, and coconut. Automated harvesting systems are used to remove crops from the vine. Before removing crops from the vine, the harvesting robot employs computer vision to detect and gauge the ripeness of the fruit. Automated harvesting systems for industrial crops can help increase efficiency and productivity in agriculture. For instance, in December 2021, according to the United States Department of Agriculture, a US-based government organization, cotton production is anticipated to reach 18.3 million 480-pound bales, marking a 25% increase from the 2020 output. Therefore, increased demand for industrial crops is driving the growth of the automated harvesting systems market going forward.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=10408&type=smp
The automated harvesting system market covered in this report is segmented –
1) By Components: Energy Harvesting Transducers, Power Management Integrated Circuits (PMIC), Storage Systems
2) By Technology: Light Energy Harvesting, Vibration Energy Harvesting, Radio Frequency Energy Harvesting, Thermal Energy Harvesting, Frequency Energy Harvesting
3) By Application: Horticulture, Greenhouse, Crops, Other Application Types
Top 5 Major Players:
A prominent trend gaining traction within the automated harvesting systems market is product innovation, with companies within the sector embracing novel technologies to fortify their market standing. An exemplary instance of such innovation occurred in January 2024, when AGRIST Co. Ltd., a Japan-based firm dedicated to addressing agricultural challenges through technological solutions, introduced a groundbreaking product termed the L pepper harvest robot. This innovative L robot meticulously selects ripe peppers nestled amidst densely layered leaves with unparalleled precision, offering a method for automating the collection of bell peppers. Leveraging an amalgamation of advanced camera technologies and proprietary artificial intelligence algorithms, the robot adeptly identifies and culls harvest-ready peppers, meticulously maneuvering through foliage. Equipped with an end-effector mounted on an arm, the robot deftly plucks and deposits the peppers into a collection bin, while diligently patrolling farms daily to monitor crop development and provide invaluable insights to farmers, facilitating optimal farm management practices.
5. Global Automated Harvesting System Market Size and Growth
…….
31. Global Automated Harvesting System Market Competitive Benchmarking
32. Global Automated Harvesting System Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Automated Harvesting System Market
34. Automated Harvesting System Market Future Outlook and Potential Analysis
35. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Automated Harvesting System Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Automated Harvesting System Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Automated Harvesting System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…
Table 74: ABB Ltd. Financial Performance
Table 75: Honeywell International Inc. Financial Performance
Table 76: Advanced Linear Device Inc. Financial Performance
Table 77: e-peas SA Financial Performance
Table 78: Analog Device Inc. Financial Performance
Related Reports:
https://topprnews.com/translation-services-market-size/
https://topprnews.com/transport-vehicle-components-market-size/
https://topprnews.com/truck-platooning-market-share/
https://goodprnews.com/translation-services-market-size/
https://goodprnews.com/transport-vehicle-components-market-size/
https://goodprnews.com/truck-platooning-market-size/
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Market Size - The hazelnut market size has grown strongly in recent years. It will…
Market Size - The IoT gateway devices market size has grown rapidly in recent years.…
The industrial automation cable market size is expected to see strong growth in the next…
Market Size - The zinc rich coating market size has grown rapidly in recent years.…
The fleet management software market size is expected to see rapid growth in the next…
Market Size - The time-sensitive networking (TSN) market size has grown exponentially in recent years.…