The smart harvest market uses advanced technologies like AI, robotics, and data analytics to automate and optimize harvesting, improving efficiency, precision, and sustainability.
According to BIS Research, the global smart harvest market is expected to grow from $4,729.5 million in 2023 to $10,927.7 million by 2033, with a compound annual growth rate. (CAGR) of 8.34% from 2024 to 2033.
The smart harvest market is rapidly evolving due to the growing need to boost productivity and reduce labour costs. The sector is increasingly adopting autonomous harvesting equipment and integrating sensors and drones to address challenges like crop losses and high labour expenses.
However, the market face hurdles such as the high cost of advanced technologies and slow adoption in developing regions. Despite these challenges, government support for sustainable agriculture and significant investment in research and technology are driving growth. Additionally, the development of scalable harvesting solutions for smaller farms is enhancing accessibility and contributing to market expansion.
Segmentation 1: by Site of Operation
• On Field
• Controlled Environment
o Greenhouses
o Indoor Farms
Segmentation 2: by Crop Type
• Grain Crops
• Fruits and Vegetables
• Others
Segmentation 3: by Product
• Robotic Harvester
• Smart Harvester
o Self-Propelled
o Tractor Mounted
• Harvest Dynamic Monitoring
Segmentation 4: by Region
• North America
• Europe
• Asia-Pacific
• Rest-of-the-World
Europe is at the forefront of the smart harvest market, propelled by technological innovations and a growing need for efficient farming practices. Advanced infrastructure facilitates the integration of IoT, AI, and robotics, enhancing productivity and resource management.
• In February 2024, Deere & Company introduced the S7 Series combines, a new line of harvesters designed to deliver improved efficiency, superior harvest quality, and ease of use.
• In November 2023, Organifarms GmbH partnered with EBZ Group, leveraging EBZ Group's expertise to effectively scale Organifarms GmbH’s picking robots.
• In July 2022, Advanced Farm Technologies, Inc. received funding from the Washington Tree Fruit Research Commission to advance the development of a robotic apple harvester.
Market Demand Drivers
• Labour Shortages
• Cost Efficiency
• Enhanced Crop Quality
Market Challenges
• High Upfront Costs
• Ongoing Expenses
• Slow ROI
Market Opportunity
• Financial Incentives
• Educational Programs
• Sustainability and Food Security
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According to Debraj Chakraborty, Principal Analyst – BIS Research, "The smart harvest market is set to grow significantly, driven by AI, IoT, and robotics. These technologies are enhancing farming efficiency, precision, and sustainability.
Major investments in R&D are leading to advanced harvesters and tools that address labour shortages and crop variability. Government subsidies and supportive policies are further accelerating growth, despite high initial costs. Strategic partnerships and rising demand for precision agriculture are expected to boost the market in the coming years."
