Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 12.81 Billion | USD 31.84 Billion | 12.06% | 2022 |
FrequentlyAsked Questions
Smart harvest is an indicator of the modernizing and technology-oriented agriculture industry. It is the adoption of modern techniques and systems to produce quality harvests.
The global smart harvest market is projected to grow owing to the increasing government support observed globally to promote the adoption of technologies that assist in smart farming.
According to study, the global smart harvest market size was worth around USD 12.81 billion in 2022 and is predicted to grow to around USD 31.84 billion by 2030.
The CAGR value of the smart harvest market is expected to be around 12.06% during 2023-2030.
The global smart harvest market is expected to be dominated by Europe during the forecast period. This is mainly due to higher technology adoption among European farmers.
The global smart harvest market is led by players like CNH Industrial, John Deere, Raven Industries, Harvest Automation, AGCO Corporation, Blue River Technology, Trimble Inc., Octinion, Kubota Corporation, Fendt, Yamaha Motor Co., Ltd., AgJunction, Ripe Robotics, Hortau, and Agrobot.
The report explores crucial aspects of the smart harvest market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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