Global Smart Harvest Market Analysis By 2030
The intelligence report by Allied Market Research is the solid outcome of deep study and arduous assessment of numerous dynamics modeling the growth of the Smart Harvest market. Allied Market Research fosters a highly efficient team of experts, strategists, analysts, and industry specialists who provide proper frameworks and approaches to make efficient decisions. Their systematic analysis and insights help executives steer through their critical priorities with utmost confidence.
smart harvest market size was valued at $12.5 billion in 2020, and is estimated to reach $37.0 billion by 2030, growing at a CAGR of 11.4% from 2021 to 2030. The smart harvest market is driving by factors such as shortage of labours in the agriculture sector, increase in adoption of new technologies, and increase in government support on deployment of new technologies. However, lack of technological knowlege among farmers, and fragmented agriculture industry are anticipated to hamper the growth of the smart harvest market.
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Agriculture is the main occupation for many countries such as India, Africa, and others. In addition, developing countries are engaged in large-scale agriculture, which significantly increases demand for automation and smart harvesting technologies. Using smart solutions such as IoT is expected to help farmers in weather forecasting and crop harvesting. IoT in crop management helps to accurately determine real-time weather conditions such as precipitation, humidity, and temperature. Precision farming is one of the main applications of smart harvest market analysis. Smart harvesting in precision farming includes vehicle tracking and inventory monitoring, more specifically field observation. Precision farming helps farmers analyze soil conditions. Cloud-based data storage is one of the technologies in the market. Cloud-based data storage uses data analytics to analyze livestock and crop health and smart technologies make the harvesting process easier by reducing labor and increasing crop production. Such instances are driving the smart harvest industry.
Major Market Players :
Analysis of the Covid-19 scenario :- https://www.alliedmarketresearch.com/request-for-customization/10325
Outbreak of the Covid-19 pandemic has had a preposterous impact on the lives of people. Most of the business verticals across the world were highly affected. The Smart Harvest market report doles out a compact overview of the Covid-19 impact on the industry. Moreover, it takes in a micro- and macro-economic impact assessment. The report further cites the market extent and share as one of the major impacts of the pandemic. At the same time, it offers a detailed overview of the influence of COVID-19 on the Smart Harvest market supply chain.
Last but not the least; the market report focuses on the key approaches incorporated by the industry players throughout the global health crisis. In a nutshell, the Smart Harvest market report offers an overview of pre- as well as post-Covid-19 impact exploration. Moreover, growth in population, which in turn, rise in demand for food production efficiently and smoothly, is anticipated to provide lucrative opportunities for the growth of the smart harvest market.
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Key Market Segments
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