The Smart Harvest Global Market Report 2023, provides comprehensive information on the smart harvest market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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In accordance with The Business Research Company's comprehensive Smart Harvest Global Market Report for 2023, the anticipated trajectory of the global smart harvest market is poised for substantial growth, ascending from $14.26 billion in 2022 to a projected $16.02 billion in 2023, reflecting a noteworthy compound annual growth rate (CAGR) of 12.3%. However, the landscape is not without challenges, as the geopolitical unrest arising from the Russia-Ukraine conflict has introduced considerable impediments to the global economic rebound post the COVID-19 pandemic, particularly in the short term. This conflict has precipitated widespread economic sanctions, escalated commodity prices, and instigated disruptions in the supply chain, thereby precipitating inflation across diverse sectors. Despite these challenges, the global smart harvest market is forecasted to burgeon further, attaining a projected size of $25.24 billion by 2027, demonstrating a resilient CAGR of 12%.
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The advent of product innovations stands out as a prominent and widely embraced trend within the burgeoning smart harvest market. Notably, key players in smart harvest technologies are strategically channeling their efforts towards the development of groundbreaking technologies, thereby fortifying their market presence. A noteworthy example is the November 2021 launch of Grover by Iron Ox, a leading US-based company specializing in robotics and artificial intelligence for agriculture. Grover, an autonomous mobile robot, has been meticulously crafted to navigate Iron Ox's greenhouses adeptly, seamlessly undertaking pivotal tasks like planting, watering, and harvesting crops. This cutting-edge product boasts versatility, demonstrating resilience in diverse greenhouse environments, successfully enduring adverse conditions such as extreme temperatures and humidity.
The smart harvest market is segmented:
1) By Crop Type: Fruits, Vegetables
2) By Components: Hardware, Software
3) By Site Of Operation: On-Field, Greenhouse, Indoor
4) By End Users: Agriculture, Horticulture, Floriculture, Vertical Farming, Other End Users
Western Europe was the largest region in the smart harvest market in 2022.
The table of contents in TBRC’s smart harvest market report includes:
Executive Summary
Smart Harvest Market Characteristics
Smart Harvest Market Trends And Strategies
Smart Harvest Market - Macro Economic Scenario
Smart Harvest Market Size And Growth
.........
Africa Smart Harvest Market
Smart Harvest Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Smart Harvest Market
Smart Harvest Market Future Outlook and Potential Analysis
Appendix
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