New Analysis from Global Industry Analysts Reveals Robust Growth for Crop Harvesting Robots, with the Market to Reach $102.2 Million Worldwide by 2026
SAN FRANCISCO, Oct. 13, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Crop Harvesting Robots – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 7; Released: April 2021
Executive Pool: 492
Companies: 35 – Players covered include Cerescon BV; Energid Technologies Corporation; FFRobotics; Green Robot Machinery Private Ltd. (GRoboMac); Harvest Automation; Soluciones Roboticas Agricolas, S.L. (Agrobot) and Others.
Coverage: All major geographies and key segments
Segments: Segment (Fruit and Vegetable Harvesting Robots, Grain Harvesting Robots)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Crop Harvesting Robots Market to Reach $102.2 Million by 2026
Amid the COVID-19 crisis, the global market for Crop Harvesting Robots estimated at US$33.9 Million in the year 2020, is projected to reach a revised size of US$102.2 Million by 2026, growing at a CAGR of 20.1% over the analysis period. Fruit and Vegetable Harvesting Robots, one of the segments analyzed in the report, is projected to record a 22.5% CAGR and reach US$90.4 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Grain Harvesting Robots segment is readjusted to a revised 14.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $12.4 Million in 2021, While China is Forecast to Reach $17.5 Million by 2026
The Crop Harvesting Robots market in the U.S. is estimated at US$12.4 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$17.5 Million by the year 2026 trailing a CAGR of 19.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 17% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 14.4% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
Director, Corporate Communications
Global Industry Analysts, Inc.
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SOURCE Global Industry Analysts, Inc.
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