The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Rising Demand for Food

• Increasing global food demand drives smart harvest market growth.
• Smart farming techniques enhance agricultural production and efficiency.
• Technologies monitor individual plants and optimize nutrition.

Global Wheat Utilization

• Global wheat utilization increased from 762 million tons (2020/2021) to 773 million tons (2021/2022).
• Expected to rise to 780 million tons in 2022/2023.

Key Market Players

• Major companies include Robert Bosch GmbH, Agrobot S L, Deere and Company, and others.

View More On The Smart Harvest Market Report 2024 – https://www.thebusinessresearchcompany.com/report/smart-harvest-global-market-report

Pioneering Trends With Product Innovations In The Smart Harvest Market

Product Innovations

• Innovations in smart harvest technologies gain popularity.
• Focus on creating advanced technologies to strengthen market position.

Iron Ox’s Grover

• Launched in November 2021 by Iron Ox.
• An autonomous mobile robot for greenhouse tasks like planting, watering, and harvesting.

Fieldin Inc. and Midnight Robotics

• Fieldin Inc. acquired Midnight Robotics in November 2021.
• Acquisition integrates autonomous technology into farm management software.
• Aims to automate farm tasks and reduce labor costs.

Market Segmentation and Regional Insights

Market Segmentation

• Components: Hardware, Software.
• Crop Type: Fruits, Vegetables.
• Site of Operation: On-Field, Greenhouse, Indoor.
• End Users: Agriculture, Horticulture, Floriculture, Vertical Farming, Others.

Regional Insights

• Western Europe was the largest region in the smart harvest market in 2023.
• North America is expected to be the fastest-growing region during the forecast period.

Conclusion

The smart harvest market is experiencing rapid growth due to increasing food demand, technological innovations, and strategic acquisitions. Major market players are continuously developing advanced technologies to enhance agricultural efficiency and meet the rising global food demand. With significant growth projected in the coming years, particularly in North America, the smart harvest market is poised to revolutionize the agricultural industry.

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The Smart Harvest Global Market Report 2024  provides comprehensive insights on the smart harvest market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the smart harvest market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

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