Fruit Harvesting Application Held the Largest Market Share in 2020
Traditional picking of fruits for the fresh market is a labor-intensive task that demands shifting from tedious manual operation to continuously automated harvesting. There is a significant need amongst the agriculture workers to enhance efficiency and reduce labor dependents of harvesting, while simultaneously ensuring high-tech food production yield and competitiveness. Despite the advances in agricultural robotics, millions of tons of fruits are still hand-picked every year in open fields and greenhouses, which offers a huge opportunity for the market players. Other than the high labor cost, the availability of skilled workforce that accepts repetitive tasks in the harsh field conditions imposes uncertainties and timeliness costs. Therefore, the demand for harvest automation robots for fruit harvesting process is accelerating exponentially, thereby contributing towards the growth of harvest automation robot market.
The companies are embarking on strategies to increase the awareness among farmers regarding the usage and benefits of the product. These initiatives are likely to have a positive impact on the growth of harvest automation robot market. For instance, Western Growers (WG) is spearheading a new Global Harvest Automation Initiative (GHAI) to accelerate harvest automation across the fresh produce industry, and aims to automate 50 percent of harvest within ten years.
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Harvesting is one of the most popular robotic applications in agriculture due to the speed and accuracy that robots can achieve to improve the size of yields and decrease waste from crops being left on the farm. Furthermore, the use of real-time multimodal robot systems in the field and the rising requirement for high productivity from existing farm areas are anticipated to boost the harvest automation robot market growth over the forecast period. The labor shortage has become a huge problem, with an aging grower population that further limits the supply of manual labor. This has led to existing farmers working for an extended number of years in the field, likely increasing the demand for new technologies to help farmers.
Agriculture has become a thrilling high-tech industry, drawing new companies, professionals, and investors. The technology is developing quickly, advancing the production capabilities of farmers and advancing robotics and automation technology. Industrial agriculture is responsible for feeding the globe. In a push towards greater efficiency and scale to meet the needs of the future, industry leaders have invested in robotics and automated technologies as the use of automation in agriculture help to create several advancements to the industry while helping the farmers to save money and time. Moreover, a fully automated robotic harvester can solve some of the major grower issues, including labor costs, labor availability, food safety and quality. Hence, these favourable characteristics showcases potential growth opportunities for global harvest automation robot market over the forecast period.
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Our 420+ Pages Report titled, “Harvest Automation Robot Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2021 - 2029”, will include extensive information on the following pointers:
- Global market size and forecast values (2015 – 2029), in terms of revenue (US$ Million) by segments/sub-segments
- Split of the market revenue (US$ Million) into all the relevant segments & sub-segments across all major regions/countries.
- Years Considered (2015 – 2029)
- Historic Years: 2015 - 2019
- Base Year: 2020
- Forecast Years: 2021 – 2029
- Market determinants and Influencing Factors
- Market Dynamics (Drivers, Restraints, Opportunities and Trends)
- Analysis on Impact of Covid-19: Global Harvest Automation Robot Market
- Macro-Economic and Micro-Economic Indicators
- Porter’s Five Forces Analysis
- Competitive Benchmarking: Global Presence and Growth Strategies
- Mergers and Acquisitions
- Product Launches
- Investments Trends
- R&D Initiatives
- Market Share Analysis, 2020
- Detailed profiles of major market participants operating in the market, encompassing information pertaining to company details, company overview, product offerings, key developments, financial analysis, SWOT analysis and business strategies
- Region specific reports including North America, Europe, Asia Pacific, Middle East & Africa and Latin America are also available in our repository.
- The reports can be provided in different languages including French, Korean, Japanese, Arabic, Spanish, German, Russian, Chinese and other languages.
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Key Findings:
- Semi-autonomous segment accounted for the major share of revenue in the global harvest automation robot market in 2020.
- The fruit harvesting segment is gaining traction in the global harvest automation robot market and is anticipated to register highest growth rate over the forecast period.
- Outdoor application in the global harvest automation robot market accounted for the highest market share in 2020. However, growing prevalence of indoor farming is aiding the growth of indoor application segment in the global market.
- North America region dominated the global harvest automation robot market in terms of revenue in 2020. Asia Pacific is anticipated to grow at the highest rate over the period of next eight years.
Competitor Insights:
The key companies profiled in the global harvest automation robot market are mentioned below:
- Agrobot
- AppHarvest (Root AI, Inc.)
- CERESCON BV
- Earth Rover Limited
- FFRobotics
- Harvest Automation
- Harvest CROO Robotics LLC
- MetoMotion
- Muddy Machines Ltd.
- Ripe Robotics
- Tortuga Agricultural Technologies, Inc
- Other Market Participants
The wide product portfolio of the players operating in the global harvest automation robot market and their strong distribution network across the globe is attributed to the prominence of a few players in the global market. These players are emphasizing on the acquisition of other small or niche players to increase their market share in the global market. These players are emphasizing collaborations with relevant stakeholders to increase their revenue in the upcoming years.
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Global Harvest Automation Robot Market:
- By Type
- Fully Autonomous
- Semi-Autonomous
- By Harvest Type
- Fruit Harvesting
- Vegetable Harvesting
- Others
- By Application
- Outdoor
- Indoor
- By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- North America
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