The Automated Harvesting System Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).

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In accordance with The Business Research Company’s enlightening Automated Harvesting System Global Market Report for 2024, the automated harvesting system market has experienced robust growth in recent years, escalating from $2 billion in 2024 to a projected $2.14 billion by the same year, showcasing a noteworthy compound annual growth rate (CAGR) of 7.1%. This upward trajectory in the historical period is primarily attributable to advancements in commercial aviation, military aircraft modernization, heightened air travel, surging demand for fuel-efficient aircraft, and the expansion of the global aerospace industry, aligned with stringent regulatory standards.

Projections for the automated harvesting system market indicate a continuation of this robust growth, reaching an estimated $2.76 billion by 2028, with a CAGR of 6.6%. This anticipated surge in the forecast period is fueled by substantial research and development investments, escalating demand for business jets, the global expansion of air traffic, innovations in electric vertical takeoff and landing (eVTOL) aircraft, and an overarching emphasis on reliability and safety. Key trends in the impending period encompass the integration of hybrid electric propulsion systems, the incorporation of permanent magnet motors, the evolution of lightweight and compact motor designs, an emphasis on digitalization and condition monitoring, and a heightened focus on customization for specific aircraft types.

Increased demand for industrial crops is expected to propel the growth of automated harvesting systems.Industrial crops are crops that are often not offered directly for eating because they must be processed industrially before use, and they include sugarcane, tea, pepper, and coconut. Automated harvesting systems are used to remove crops from the vine. Before removing crops from the vine, the harvesting robot employs computer vision to detect and gauge the ripeness of the fruit. Automated harvesting systems for industrial crops can help increase efficiency and productivity in agriculture. For instance, in December 2021, according to the United States Department of Agriculture, a US-based government organization, cotton production is anticipated to reach 18.3 million 480-pound bales, marking a 25% increase from the 2020 output. Therefore, increased demand for industrial crops is driving the growth of the automated harvesting systems market going forward.

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The automated harvesting system market covered in this report is segmented –
1) By Components: Energy Harvesting Transducers, Power Management Integrated Circuits (PMIC), Storage Systems
2) By Technology: Light Energy Harvesting, Vibration Energy Harvesting, Radio Frequency Energy Harvesting, Thermal Energy Harvesting, Frequency Energy Harvesting
3) By Application: Horticulture, Greenhouse, Crops, Other Application Types

A notable trend gaining traction in the automated harvesting systems market revolves around product innovations. Companies within this sector are actively embracing cutting-edge technologies to fortify their market standing. A prime example is AGRIST Co. Ltd., a Japan-based agricultural technology solution provider, which, in January 2024, unveiled a groundbreaking product – the L Pepper Harvest Robot. This innovative robotic solution employs an array of advanced technologies, including various cameras and a proprietary AI system, to discern and select harvest-ready peppers with unparalleled millimeter precision, even when nestled amid dense foliage. The L Robot employs an end-effector on an articulated arm, deftly maneuvering through stems to reach the target pepper, where it deftly clips and folds the pepper into a designated collection box. Furthermore, the robot conducts daily patrols on farms, diligently monitoring crop development and offering invaluable insights to farmers for optimal farm management. This signifies a paradigm shift in the realm of automated harvesting, showcasing a convergence of cutting-edge technology and agricultural efficiency.

The automated harvesting system market report table of contents includes:
1. Executive Summary
2. Automated Harvesting System Market Characteristics
3. Automated Harvesting System Market Trends And Strategies
4. Automated Harvesting System Market - Macro Economic Scenario
5. Global Automated Harvesting System Market Size and Growth


.......

31. Global Automated Harvesting System Market Competitive Benchmarking
32. Global Automated Harvesting System Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Automated Harvesting System Market
34. Automated Harvesting System Market Future Outlook and Potential Analysis
35. Appendix

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