Market Snapshot
The report offers quantitative and qualitative analysis of the global Crop Harvesting Robot Market from 2021 to 2030 to help the shareholders understand the real scenario of the industry. The report comprises the study of both the regional as well as the global market. All the information pertaining to the Crop Harvesting Robot Market are acquired from highly steadfast sources and are carefully inspected and validated by the market experts.
Key Market Players are:
- Agrobot
- CERESCON B.V.
- Dogtooth Technologies Limited
- Energid Technologies Corporation
- FFRobotics
- Four Growers
- Green Robot Machinery Pvt. Ltd
- Harvest Automation
- HARVEST CROO
- Metomotion
- Root AI, Inc.
- Tortuga Agricultural Technologies, Inc.
- John Deere.
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Crop Harvesting Robot Market Top Impacting Factors:
- Around 40% of the global population has agribusiness as their occupation, and in recent times, there has been rise in interest in autonomous vehicles in agribusiness. A rapid increase in global population is boosting the demand for agricultural products.
- As a result, the crop harvesting robot market is becoming more popular. Moreover, owing to automation, these robots are capable of eliminating the use of expensive labor, thus saving time and money. This feature is expected to drive the demand for crop harvesting robots.
- The availability of a wide range of crop harvesting robots which can harvest crops such as grains and fruits and vegetables, This is a major factor driving the demand for crop harvesting robots in the 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 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 their 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 the robotics and data platform 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 in-door farms by making high-tech harvesting robots.
Research Methodology
The research methodology of the global Crop Harvesting Robot Market involves extensive primary and secondary research. While the primary research takes in an in-depth and exhaustive discussion with a widespread participants, the secondary research involves a considerable measure of product or service description. At the same time, press releases, authentic industry bulletins, and government sites have been assessed and perfectly explored to generate exclusive industry insights.
Insemination and assessment of strategic partnerships: The AMR researchers tend to examine the current strategic activities such as acquisitions, partnerships, mergers, alliances, and joint collaborations. All the specific information is accumulated and perfectly assimilated in the report.
Market size valuations: The market research report assesses the demographics, growth prospective, and ability of the market during the study period. This factor, in turn, gives way to the assessment of the market extent and also offers a framework on how the market will keep up its growth trend throughout the period.
Investment research: The global Crop Harvesting Robot Market report also emphasizes on the imminent investment chances across the industry. These minute details make the shareholders perfectly aware of the present investment prospects across the sector.
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