Crop Harvesting Robots Market worth USD 126.9 million by 2028, at a CAGR of 16.8% – Exclusive Report by Eon Market Research

According to our recent study, the global Crop Harvesting Robots market size is estimated to be worth US$ 43 million in 2021 and is forecast to a readjusted size of USD 126.9 million by 2028 with a CAGR of 16.8% From 2022 to 2028. Fruit and Vegetable Harvesting accounting for % of the Crop Harvesting Robots global market in 2021, is projected to value USD million by 2028, growing at a % CAGR in the next six years. While the Solar-Powered Crop Harvesting Robots segment is altered to a % CAGR between 2022 and 2028.

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The global crop harvesting robots market is experiencing significant growth and is expected to grow considerably in the next few years. In the last decade, the demand for the automation of agriculture has increased to enhance the productivity of crop harvesting. A crop harvesting robot is a specially designed autonomous crop harvesting machine used on small as well as big farms. Basically, there are two broad types of harvesting robots. One is for the selective harvesting of crops such as fruit and vegetables, and the other type is used for large-field grain crops. Crop harvesting robots are of many sizes, from as small as a lounge to as large as a big tractor. Furthermore, they are generally semi-automated or fully automated based on the type of work they are required to perform. In addition, just like any other robot, these harvesting robots are capable of replacing many workers, which means they can save time and money incurred on crop harvesting. Moreover, crop harvesting robots are highly advanced machinery, and major players in the crop harvesting robot industry adopt advanced technologies to increase the efficiency and productivity of their products to sustain competition in the crop harvesting robot market.

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Market Trends

Key players in the crop harvesting robot market adopted acquisition as their key developmental strategy to expand their geographical foothold and upgrade their product technologies. For instance, in August 2021, John Deere agriculture equipment manufacturer announced a definitive agreement to acquire the Silicon Valley-based startup ‘Bear Flag Robotics’ for $250 million. Bear Flag Robotics is a developer of autonomous driving technology which can be incorporated into existing machinery. This acquisition is going to help John Deere to enhance the features of its Agri-robots, especially crop-harvesting robots. Similarly, businesses in the Agri-robot market and information technologies are partnering together in order to produce the best crop-harvesting robots. For instance, in December 2021, Inaho B.V., an Agri-robot manufacturer, partnered with Green PEAK-IT, an IT service provider. Inhao has established a data connection between its tomato harvesting robot and the Green PEAK-IT platform. Both companies will closely work on combining robotics and data platforms for further business development. Businesses in the farming sector are expanding into the rapidly growing market of Agri-robots. For instance, in April 2021, AppHarvest, a solution provider for indoor farming, acquired Root AI, a developer of robotic systems to help manage indoor farms by making high-tech harvesting robots.

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Key Benefits of the Report

  • This study presents the analytical depiction of the crop harvesting robot industry along with the current trends and future estimations to determine the future investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the crop harvesting robot market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the crop harvesting robot market growth scenario.
    Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed crop harvesting robot market analysis based on competitive intensity and how the competition will take shape in the coming years.

The content of the study subjects includes a total of 12 chapters:
Chapter 1, describes Crop Harvesting Robots’ product scope, market overview, market opportunities, market driving force, and market risks.
Chapter 2, profiles the top manufacturers of Crop Harvesting Robots, with price, sales, revenue, and global market share of Crop Harvesting Robots from 2019 to 2022.
Chapter 3, the Crop Harvesting Robots’ competitive situation, sales, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Crop Harvesting Robots breakdown data are shown at the regional level, to show the sales, revenue, and growth by region, from 2017 to 2028.
Chapters 5 and 6, segment the sales by Type and application, with sales market share and growth rate by type, and application, from 2017 to 2028.
Chapters 7, 8, 9, 10, and 11, break down the sales data at the country level, with sales, revenue, and market share for key countries in the world, from 2017 to 2022. and Crop Harvesting Robots market forecast, by regions, type, and application, with sales and revenue, from 2023 to 2028.
Chapter 12, the key raw materials and key suppliers, and industry chain of Crop Harvesting Robots.
Chapters 13, 14, and 15, describe Crop Harvesting Robot’s sales channel, distributors, customers, research findings and conclusion, appendix, and data source.

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