Insights on the Global Crop Harvesting Robots Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio

Technavio has announced its latest market research report titled Global Crop Harvesting Robots Market 2020-2024 (Graphic: Business Wire)

LONDON--()--The crop harvesting robots market is expected to grow by USD 81.65 million, progressing at a CAGR of over 27% during the forecast period.

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The increasing focus on farm mechanization is one of the major factors propelling market growth. However, factors such as high maintenance cost will hamper the market growth.

More details: https://www.technavio.com/report/crop-harvesting-robots-market-industry-analysis

Crop Harvesting Robots Market: Product Landscape

Fruits such as strawberries and oranges are considered cash crops and hence, need to be harvested carefully, thus increasing the demand for fruit and vegetable harvesting robots. Fruit and vegetable harvesting robots can be programmed to harvest only those fruits and vegetables that are ready to be consumed. The possibility of such selective harvesting drives the demand for fruit and vegetable harvesting robots among growers. Market growth in this segment will be faster than the growth of the market in the grain harvesting robots segment.

Crop Harvesting Robots Market: Geographic Landscape

North America was the largest crop harvesting robots market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Increasing awareness among farmers about smart agriculture and the use of farm automation for increasing productivity and addressing the issue of labor shortage will significantly drive crop harvesting robots market growth in this region over the forecast period. 39% of the market’s growth will originate from North America during the forecast period. The US is a key market for crop harvesting robots in North America. Market growth in this region will be faster than the growth of the market in APAC, Europe, and MEA.

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Companies Covered:

  • Abundant Robotics Inc.
  • Agrobot
  • Cerescon BV
  • Dogtooth Technologies Ltd.
  • Energid Technologies Corp.
  • FFRobotics
  • Green Robot Machinery Pvt. Ltd.
  • Harvest Automation
  • Harvest CROO Robotics
  • Torguga Agricultural Technologies Inc.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Fruit and vegetable harvesting robots - Market size and forecast 2019-2024
  • Grain harvesting robots - Market size and forecast 2019-2024
  • Market opportunity by Product

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Abundant Robotics Inc.
  • Agrobot
  • Cerescon BV
  • Dogtooth Technologies Ltd.
  • Energid Technologies Corp.
  • FFRobotics
  • Green Robot Machinery Pvt. Ltd.
  • Harvest Automation
  • Harvest CROO Robotics
  • Torguga Agricultural Technologies Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Crop Harvesting Robots Market will grow by USD 81.65 mn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/