Precision harvesting market can be defined as a modern agricultural cultivation technique that involves the usage of various sensors and cameras to detect the appropriate period of time for cultivation for maximum yield. These sensors help in increasing the efficiency of crops and affecting the crop return by monitoring the soil, temperature, humidity, and monitoring crops.

Increasing savings and efficiency in agriculture has resulted in global precision harvesting market to rise to a projected value of USD 23.78 billion by 2026 rising from its estimated value of USD 10.19 billion in 2018 growing with a CAGR of 11.18% in the forecast period of 2019-2026.

Market Drivers and Restraints:

Increasing adoption of mechanical labour techniques in agriculture instead of labour-intensive labour methods due to the growing cost of labour; this factor is expected to act as a driver for the market growth

Government promotion and support for adoption and applications for modern agriculture techniques; this factor is expected to act as a driver for the market growth

High initial cost for purchasing and integration of machines is expected to restrain the market growth

Lack of penetration and skills required by farmers to fully integrate precision harvesting and agriculture; this factor is expected to act as a restraint to the market growth

The major players covered in the Precision Harvesting Market

Major competitors currently in the market are Deere & Company; Trimble Inc.; AgJunction; Raven Industries; CLAAS KGaA mbH; Ag Leader Technology; TEEJET TECHNOLOGIES; Topcon; DICKEY-john; CNH Industrial N.V.; Ploeger Oxbo Group; N.V. Dewulf S.A.; Clean Seed Capital; Pellenc | Agriculture | South Africa; KUBOTA Corporation; ISEKI & CO., LTD.; Harvest Automation; Vision Robotics Corporation; FFRobotics and HARVEST CROO.

Major TOC Of The Report

Chapter One:  Precision Harvesting Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three:  Global Precision Harvesting Market  Competition, by Players

Chapter Four: Global Precision Harvesting Market Size by Regions

Chapter Five: North America Precision Harvesting Market Revenue by Countries

Chapter Six: Europe Precision Harvesting Market Revenue by Countries

Chapter Seven: Asia-Pacific Precision Harvesting Market Revenue by Countries

Chapter Eight: South America Precision Harvesting Market Revenue by Countries

Key Report Highlights

Comprehensive pricing analysis based on different product types and regional segments

Market size data in terms of revenue and sales volume

Deep insights about regulatory and investment scenarios of the global Precision Harvesting Market    

Analysis of market effect factors and their impact on the forecast and outlook of the global Precision Harvesting Market    

The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Precision Harvesting Market    

A roadmap of growth opportunities available in the global Precision Harvesting Market with the identification of key factors

The exhaustive analysis of various trends of the global Precision Harvesting Market    to help identify market developments

Key Questions Answered in Report:

What is the key to the Precision Harvesting Market?

What will the Precision Harvesting Market Demand and what will be Growth?

What are the latest opportunities for Precision Harvesting Market in the future?

What are the strengths of the key players?

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