Global Harvesting Technology Market reached US$ 17.25 billion in 2023 and is expected to reach US$ 27.08 billion by 2031, growing with a CAGR of 5.8% during the forecast period 2024-2031.

Harvesting technology refers to the various methods and tools employed to collect crops from the fields, ensuring maximum efficiency and minimal loss. This encompasses a range of equipment, including combines, harvesters, and automated systems, that are designed to streamline the harvesting process. Advanced harvesting technologies integrate precision agriculture techniques, such as GPS and sensor technology, to optimize yield and reduce labor costs. These technologies also focus on sustainability, employing practices that minimize environmental impact and promote resource conservation. Innovations in harvesting technology can improve crop quality and reduce waste by enabling better timing and more accurate collection.

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Key Players

  • Analog Devices, Inc.
  • EnOcean GmbH
  • ABB
  • Fujitsu
  • Ag Leader Technology
  • Keetronics (India) Pvt. Ltd.
  • Microchip Technology Inc.
  • Mide Technology Corp.
  • E-Peas SA
  • Powercast Corporation

Market segmentation: 

➥ By Technology: Light Energy Harvesting, Vibration Energy Harvesting, Frequency Energy Harvesting, Thermal Energy Harvesting, Radio Frequency Energy Harvesting.

➥ By Components: Power Management Integrated Circuits, Storage System, Transducers, Sensors, Others.

➥ By Application: Horticulture, Greenhouse, Crops, Others.

Key Developments

✔ In March 2024, the government introduced the "e-Upaja Kisaan Nidhi" digital portal, designed to empower farmers by allowing them to pledge funds against their gathered commodities. This initiative aims to facilitate post-harvest loans from banks, enabling farmers to secure necessary financing to support their agricultural operations. Additionally, the program encourages farmers to store their agricultural produce with the Warehousing Development and Regulatory Authority (WDRA), providing a reliable storage solution that can help preserve the quality of their products.

Regional Analysis

The report provides a comprehensive regional analysis, covering the following areas:

⇥ North America: US, Canada, Mexico, Rest of North America

⇥ Europe: Germany, Russia, UK, France, Italy, Spain, Netherlands, Rest of Europe

⇥ Asia Pacific: China, India, Japan, South Korea, Australia, Indonesia, Rest of Asia Pacific

⇥ Middle East and Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa

⇥ South America: Brazil, Argentina, Colombia, Rest of South America

Who are our Target Audience

This report will be of interest to a diverse group of stakeholders, including investors, analysts, government agencies, regulatory bodies, legislators, researchers, strategic managers, and academic institutions seeking in-depth market insights to inform future strategies.

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Research Study Key Questions

This research study addresses several critical questions, such as:

Q1. What is the projected growth rate of the Harvesting Technology market by 2031?

Q2. What are the key factors driving the growth of the Harvesting Technology market across different regions?

Q3. Who are the leading vendors in the Harvesting Technology industry, and what strategies are they employing for success?

Q4. What will be the market scope during the forecast period?

Q5. What significant trends are influencing industry growth in the coming years?

Q6. What challenges does the Harvesting Technology market currently face?

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