The global precision harvesting market is anticipated to grow at a CAGR of around 8.5% during the forecast period 2020 to 2027 and to reach around US$ 22.2 Bn by 2027.
Market Dynamics
High government spending on development of agriculture sector, increasing R&D and product development activities for development of advanced devices that aid in lowering the operational cost and increasing efficiency are the major factors expected to drive the growth of global market. In addition, high adoption of automation in farming coupled with adoption of devices such as guidance and steering systems, Global Positioning System (GPS), sensors, and yield monitors are among other factors expected to further support the growth of target market.
Business development activities by major players in order to increase the customer base and enhance the profit share is another factor expected to further support the growth of target market.
- In 2018, AGCO an agricultural equipment manufacturing company introduced Fendt IDEAL in North America. This product launch is expected to help the company to enhance the customer base and increase the profit ratio.
- In 2017, Deere & Company acquired Blue River Technology a pioneer in the use of computer vision and robotics for agriculture. This acquisition is expected to help the company to strengthen its position in the US market and increase the profit.
- In 2017, CLAAS partnered with ASKO Agricultural Machinery Industry. This partnership is expected to help the company expand the company business.
Favorable business policies in emerging economies and emergence of small and mid-size enterprises with new solution and services are among other factors expected to boost the growth of target market.
However, factors such as high capital investment and lack of skilled technical experts for efficient handling of hardware are factors expected to hamper the growth of global precision harvesting market. In addition, lack of standardization and safety issues with precision harvesting is another factor expected to further challenge the growth of target market.
Increasing investment by major players for R&D activities, coupled with advancements in low-cost devices are factors expected to create new opportunities for players operating in the target market over the forecast period. In addition, increasing partnership and agreements between regional and international players is another factor expected to support the revenue traction of target market.
Precision Harvesting Market Segment Analysis, 2019
The global precision harvesting market is segmented into product, offerings, and application. The application segment is further bifurcated in to crop, greenhouse, horticulture, and others. Among offerings the hardware segment is expected to account for significant revenue share in the global market. The product segment of the global market is further divided into combine harvesters, harvesting robots, and self-propelled forage harvesters.
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to high government spending on development horticulture. In addition, availability of advanced infrastructure in the region is resulting in players focus on offerings low cost services in order to lower the operation cost is another factor expected to further support the growth of target market.
Asia Pacific is expected to witness faster growth in the near future owing to high government spending on development of agriculture sector. In addition, rising crop demand, coupled with farmers approach towards lowering the labor cost is resulting in demand for smart robots this is another factor expected to further support the growth of target market
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
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Market
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Global Precision Harvesting Market
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Analysis Period
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2016 – 2027
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Base Year
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2019
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Forecast Data
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2020 – 2027
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Market Stratification
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Product, Offerings, Application and Geography
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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The market research study on “Precision Harvesting Market (Product: Combine Harvesters, Harvesting Robots, and Self-propelled Forage Harvesters; Offerings: Hardware, Software, and Services; Application: Crop, Greenhouse, Horticulture, and Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027”, offers a detailed insights on the global precision harvesting market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global precision harvesting market segment by product, offerings, application and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global precision harvesting market size and segment markets by product, offerings, application and geography along with the information on companies operating in the market. The precision harvesting market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report. The players profiled in the report AgJunction Inc., Raven Industries, Inc., AG Leader Technology, Inc., FFRobotics, Precision Planting LLC, AGCO Corporation, Trimble Inc., Deere & Company, and Abundant Robotics, Inc.
Market Segmentation
Market By Product
Combine Harvesters
Harvesting Robots
Self-propelled Forage Harvesters
Market By Offerings
Hardware
- Automation & Control System
- Sensing Devices
- Others
Software
Services
Market By Application
- Crop
- Greenhouse
- Horticulture
- Others
Market By Region
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest if Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Meddle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Precision Harvesting
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Precision Harvesting Market By Product
1.2.2.1. Global Precision Harvesting Market Revenue and Growth Rate Comparison By Product(2020-2027)
1.2.2.2. Global Precision Harvesting Market Revenue Share By Product in 2019
1.2.2.3. Combine Harvesters
1.2.2.4. Harvesting Robots
1.2.2.5. Self-propelled Forage Harvesters
1.2.3. Precision Harvesting Market By Offerings
1.2.3.1. Global Precision Harvesting Market Revenue and Growth Rate Comparison By Offerings (2020-2027)
1.2.3.2. Global Precision Harvesting Market Revenue Share By Offerings in 2019
1.2.3.2.1. Hardware
1.2.3.2.1.1. Automation & Control System
1.2.3.2.1.2. Sensing Devices
1.2.3.2.1.3. Others
1.2.3.2.2. Software
1.2.3.2.3. Services
1.2.4. Precision Harvesting Market By Application
1.2.4.1. Global Precision Harvesting Market Revenue and Growth Rate Comparison By Application(2020-2027)
1.2.4.2. Global Precision Harvesting Market Revenue Share By Application in 2019
1.2.4.2.1. Crop
1.2.4.2.2. Greenhouse
1.2.4.2.3. Horticulture
1.2.4.2.4. Others
1.2.5. Precision Harvesting Market By Geography
1.2.5.1. Global Precision Harvesting Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.5.2. North America Precision Harvesting Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe Precision Harvesting Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific Precision Harvesting Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America Precision Harvesting Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA) Precision Harvesting Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING Precision Harvesting ANALYSIS
3.1. Capacity and Commercial Production Date of Global Precision Harvesting Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Precision Harvesting Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global Precision Harvesting Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global Precision Harvesting Major Manufacturers in 2019
CHAPTER 4. Precision Harvesting MARKET By Product
4.1. Global Precision Harvesting Revenue By Product
4.2. Combine Harvesters
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Harvesting Robots
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Self-propelled Forage Harvesters
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Precision Harvesting MARKET By Offerings
5.1. Global Precision Harvesting Revenue By Offerings
5.2. Hardware
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.2.3. Automation & Control System
5.2.4. Sensing Devices
5.2.5. Others
5.3. Software
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Services
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. Precision Harvesting MARKET By Application
6.1. Global Precision Harvesting Revenue By Application
6.2. Crop
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Greenhouse
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.4. Horticulture
6.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.5. Others
6.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA Precision Harvesting MARKET BY COUNTRY
7.1. North America Precision Harvesting Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America Precision Harvesting Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Precision Harvesting Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe Precision Harvesting Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe Precision Harvesting Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC Precision Harvesting MARKET BY COUNTRY
9.1. Asia-Pacific Precision Harvesting Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific Precision Harvesting Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA Precision Harvesting MARKET BY COUNTRY
10.1. Latin America Precision Harvesting Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America Precision Harvesting Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA Precision Harvesting MARKET BY COUNTRY
11.1. Middle East & Africa Precision Harvesting Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa Precision Harvesting Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Offerings, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. AgJunction Inc.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Raven Industries, Inc.,
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. AG Leader Technology, Inc.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. FFRobotics
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Precision Planting LLC
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. AGCO Corporation
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Trimble Inc.
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Deere & Company
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Abundant Robotics, Inc.
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Others
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
![Precision Harvesting Market (By Product: Combine Harvesters, Harvesting Robots, Self-propelled Forage Harvesters; By Offerings: Hardware [Automation & Control System, Sensing Devices, Others], Software, Services; By Application: Crop, Greenhouse, Horticulture, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027](assets/images/format-png.png "Precision Harvesting Market (By Product: Combine Harvesters, Harvesting Robots, Self-propelled Forage Harvesters; By Offerings: Hardware [Automation & Control System, Sensing Devices, Others], Software, Services; By Application: Crop, Greenhouse, Horticulture, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027")
