Global Harvesting Robot Market, By Robot Type (Semi-Autonomous, Fully Autonomous), By Harvesting Type (Fruit, Vegetable, Grain, Others), By Application (Outdoor, Greenhouse), By Region, Estimation & Forecast, 2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Harvesting Robot market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Harvesting Robot market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Market Introduction
The global harvesting robot market held a market value of USD 512.4 Million in 2020 and is forecasted to reach USD 1,827.9 Million by the year 2027. The market is anticipated to register a CAGR of 19.9% during the projected period.
Harvesting robots are meant for picking fruits automatically under certain environmental conditions. Growing demand for food security and gradually increasing awareness regarding smart agriculture are expected to fuel the market growth. Furthermore, the growing requirement for high productivity from existing farm areas coupled with the use of real-time multimodal robot systems in the field is anticipated to boost the market growth.
However, the inefficiency of harvesting robots is anticipated to restrain the market growth. The COVID-19 pandemic negatively impacted the market growth, as major players in the market reported a slight decline in their sales of harvesting robots
Growth Influencers:
Growing demand for food security
Food security is measuring the availability of food and individuals’ ability to access it. Demand for food security is increasing and with it, demand for automation in the agriculture sector and its various stages is also rising. One of these stages is harvesting. Rising demand for automation in the sector is also expected to drive market growth. The rapid increase in the global population has led researchers and scientists to work out ways for ensuring food security.
Gradually increasing awareness of smart agriculture
Smart agriculture is the usage of technologies like sensors, the internet of things, robots, location systems, and artificial intelligence on a farm. Rising awareness regarding smart agriculture is boosting the adoption of robots, including harvesting robots. Using harvesting robots in smart agriculture optimizes the food production process and improves quality. Advanced farming technology proves as an essential part of the farmer’s daily work. This boosts the demand for market growth.
Segments Overview:
The global harvesting robot market is segmented based on the robot type, harvesting robot, and application.
By Robot Type
• Semi-Autonomous Robots
• Fully-Autonomous Robots
The semi-autonomous robots segment held the largest market share owing to its rising demand, especially in developing nations. The fully autonomous robots are expected to grow at the fastest rate of 20.6% during the forecast period.
By Harvesting Type
• Fruit Harvesting
• Vegetable Harvesting
• Grain Harvesting
• Others
Fruit harvesting is expected to grow at the fastest rate of 20.7% owing to the rising demand for fruits for businesses such as syrups, juices, and jellies, among others. The grain harvesting segment is anticipated to surpass USD 259.8 Million in 2027.
By Application
• Outdoor Agriculture
• Greenhouse Agriculture
The outdoor agriculture segment is expected to hold the largest market share owing to the widespread outdoor agriculture sector. The greenhouse agriculture segment is anticipated to grow at the fastest rate owing to the increasing setup of greenhouses globally.
Regional Overview
Based on region, the global harvesting robot market is divided into Europe, Asia Pacific, Middle East & Africa, North America, and South America.
The European region held the largest market share of around 40% owing to the rising number of farmers demanding harvesting robots in the region. The North American region held the second largest market share owing to a well-established agricultural sector in the region.
The Asia Pacific region is expected to grow at the fastest rate of 23.4% owing to the slowly growing demand for automation and adoption of advanced technologies, such as harvesting robots in countries such as Japan, India, China, and Australia, among others.
Competitive Landscape
Key players operating in the global harvesting robot market include Agrobot, CERESCON B.V., Abundant Robotics Inc., Dogtooth Technologies Limited, Energid Technologies Corporation, FFRobotics, Four Growers, Green Robot Machinery Pvt. Ltd, HARVEST CROO, Harvest Automation, Metomotion, Tortuga Agricultural Technologies, Inc., and Root AI, Inc., among others.
These market players are involved in collaborations, mergers & acquisitions, and new product launches to strengthen their market presence. For instance, in January 2020, Kubota, a Japan-based company invested in the U.S.-based agriculture technology startup Abundant Robotics, Inc. for contributing to labor-saving and efficiency improvement in farming in the U.S. and Canada.
The global harvesting robot market report provides insights on the below pointers:
• Market Penetration: Provides comprehensive information on the market offered by the prominent players
• Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets
• Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments
• Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the global Harvesting robot market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players.
• Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The global Harvesting robot market report answers questions such as:
• What is the market size and forecast of the Global Harvesting robot Market?
• What are the inhibiting factors and impact of COVID-19 on the Global Harvesting robot Market during the assessment period?
• Which are the products/segments/applications/areas to invest in over the assessment period in the Global Harvesting robot Market?
• What is the competitive strategic window for opportunities in the Global Harvesting robot Market?
• What are the technology trends and regulatory frameworks in the Global Harvesting robot Market?
• What is the market share of the leading players in the Global Harvesting robot Market?
• What modes and strategic moves are considered favorable for entering the Global Harvesting robot Market?
What is market research report?
Market research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research. The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process. The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.
The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more. These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry. Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.
Browse market information, tables and figures extent in-depth TOC, The latest independent research document on various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc. In order to provide a more informed view, a market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share. This report explores market definitions, overview, classification, segmentation, inclusive of market type and applications followed by product specifications, manufacturing initiatives, pricing structures, raw material sourcing and supply chain analysis.
About Data Collection and Research Methodology: Majorly data is collected via primary sources that includes interviews and survey with industry experts from core and related industries, and manufacturers and part suppliers involved in supply chain. Additionally, secondary sources are also utilized like annual reports, whitepapers, press releases etc.
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
The study objectives of this report are:
- To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast.
- To understand the structure of market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
The Study Explore COVID 19 Outbreak Impact Analysis
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
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Key Points Covered in Harvesting Robot Market Report:
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Harvesting Robot market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Harvesting Robot Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents
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