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Global Harvesting Robot Market to Reach Valuation of US$ 3,463.1 Million by 2031: Astute Analytica

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New Delhi, Feb. 21, 2023 (GLOBE NEWSWIRE) — The harvesting robot market is a rapidly growing sector that combines robotics and agriculture to improve the efficiency and productivity of farms. With the global population increasing, the demand for food is also rising, and traditional farming methods are struggling to keep up. As a result, harvesting robots are being looked at as a potential solution, as they can perform labor-intensive tasks like harvesting crops, weeding, and planting with greater speed, precision, and reliability than human workers.

The business outlook for the global harvesting robot market is promising, with the market expected to grow significantly over the next few years. Factors driving this growth include the increasing demand for food, labor shortages in the agriculture sector, and the development of advanced technologies like artificial intelligence, machine learning, and computer vision. Companies that specialize in designing and manufacturing harvesting robots are poised to benefit from this trend, as are farmers who can save on labor costs and increase their crop yields.

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Outdoor Agriculture Segment to Capture Over 57% Revenue Share

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According to Astute Analytica’s market research analysis, the global harvesting robot market in the outdoor agriculture segment has significant growth potential. The segment is currently responsible for more than 57% of the market’s revenue and includes crops such as grains, fruits, vegetables, and nuts.

The report identifies several key drivers of growth in this market segment. Firstly, labor shortages and rising labor costs are increasing the demand for automation solutions. The use of harvesting robots allows farmers to reduce labor costs and increase efficiency, particularly for crops that require intensive labor.

Secondly, the adoption of precision agriculture techniques is driving the growth of the harvesting robot market. Precision agriculture involves using data and technology to optimize crop yields and reduce waste. Harvesting robots are a critical component of precision agriculture, allowing farmers to harvest crops at the optimal time and reduce waste while increasing yields.

Additionally, the need to improve food security and meet the growing demand for food is driving the adoption of harvesting robots in outdoor agriculture. With a growing global population, there is an increasing need for more efficient and sustainable farming practices. Harvesting robots allow farmers to increase their yields while reducing the amount of water, fertilizer, and pesticides needed to grow crops.

Geographically, the report on the global harvesting robot market indicates that the Asia Pacific region is expected to witness the highest growth in the outdoor agriculture segment of the harvesting robot market. The increasing demand for food, rising labor costs, and adoption of precision agriculture techniques are the primary drivers of growth in this region. Key markets for harvesting robots in the outdoor agriculture segment include China, Japan, and India.

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Increasing Emphasis on Automation and Adoption of Advanced Technology Flourishing Demand for Harvesting Robots

The harvesting robot market is experiencing a surge in demand, thanks to the recent advancements in artificial intelligence, machine learning, the Internet of Things, and big data. This has enabled robots to become more sophisticated, affordable, and evidence-driven than ever before. Among the most significant trends in harvesting robots is selective harvesting robotics, which utilizes soft-touch robotics and lidar sensing systems to identify ripe fruits while avoiding unripe ones, allowing farmers to harvest crops around the clock.

Crop harvesting robots are also gaining popularity due to the need for automation in agricultural processes and improved accuracy in harvesting. The market forecast for 2030 predicts an impressive growth rate of 21%. In 2022, the global Harvesting Robot Market was valued at US$ 591.1 Mn, and this number is expected to increase further.

Moreover, the advances in AI, ML, and IoT are driving robots into various sectors, including warehouses, distribution centers, and manufacturing facilities. This is increasing the efficiency of operations across industries. In summary, the harvesting robot industry is witnessing significant growth, with increasing demand, expanding market opportunities, and technological advancements that are revolutionizing agricultural processes.

Europe is at the Forefront of the Global Harvesting Robot Market

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Europe has been at the forefront of the global market for a few reasons, including a strong focus on research and development, technological advancements, favorable government policies, and a robust agriculture sector.

One key factor contributing to Europe’s dominance in the harvesting robot market is the region’s commitment to research and development. Many of the world’s top robotics research institutions are located in Europe, and this has allowed for the development of cutting-edge technologies and innovations. The European Union has also invested significant funding in research and development for agriculture robotics, creating opportunities for businesses and startups to emerge and succeed in the market.

Another reason why Europe is keeping its dominance over the global harvesting robot market is the region’s focus on technological advancements. European companies are constantly pushing the boundaries of robotics and automation, developing new technologies and systems that help farmers improve their operations. As a result, European agriculture is becoming more efficient, sustainable, and profitable.

Moreover, Europe has favorable government policies and regulations that support the adoption of agricultural robots. The region’s governments have implemented measures that encourage the use of robotics in farming, such as subsidies, tax incentives, and favorable regulatory frameworks. This has given farmers and agribusinesses the support they need to invest in and adopt advanced farming technologies.

Top 7 Players Generates Only 13% Revenue of the Global Harvesting Robot Market

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The global harvesting robot market is highly competitive, with several key players vying for market share. As per Astute Analytica, top 7 players namely Agrobot, FFRobotics, Green Robot Machinery Pvt. Ltd, Harvest Automation, Energid Technologies Corporation, Metomotion, and Root AI Inc. are accounting for around 13% revenue share.

Browse summary of the report and Complete Table of Contents (ToC): https://www.astuteanalytica.com/industry-report/harvesting-robot-market

Apart from them, AGCO Corporation and Deere & Company are two of the major players in the market. AGCO Corporation is a leading player, offering a range of advanced farming equipment, including robotic harvesters. Their Fendt IDEAL combine harvester is a top-of-the-line product that offers a high level of automation and precision in harvesting crops. Deere & Company is also a major player in the market, with their John Deere brand well-known for its range of farming equipment, including harvesting robots. Their S-Series combine harvester is a highly regarded product, offering cutting-edge technology and advanced automation for efficient crop harvesting.

Additionally, other companies such as Harvest Automation, Energid Technologies, and Abundant Robotics are emerging as competitors in the market, with innovative products that offer efficient and cost-effective solutions for crop harvesting. The competition among these key players is driving innovation and development in the harvesting robot market, resulting in more advanced and efficient technologies for farmers to improve their operations.

Some of the Top Market Players Are:

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  • Agrobot
  • Dogtooth Technologies Limited
  • FFRobotics
  • Green Robot Machinery Pvt. Ltd.
  • Harvest Automation
  • HARVEST CROO
  • Other Prominent Players

Tomato Harvester Companies

  • CERESCON B.V.
  • Panasonic
  • Energid Technologies Corporation
  • Four Growers
  • Metomotion
  • Root Al, Inc.
  • Tortuga Agriculture Technologies, Inc.
  • Appharvest
  • Inaho Inc.
  • Denso Design
  • Xihelm
  • Certhon Harvest Robot
  • Squse
  • Other Prominent Players

Directly Purchase a copy of report with TOC @ https://www.astuteanalytica.com/inquire-before-purchase/harvesting-robot-market

About Astute Analytica

Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe. They are able to make well calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising of business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost-effective, value-added package from us, should you decide to engage with us.

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Artificial Intelligence

World Top-Performing Incubator Conference 2024 Held in Lingang Shanghai, China

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SHANGHAI, Oct. 1 2024 /PRNewswire/ — The World Top-Performing Incubator Conference 2024 (WTIF 2024), one of the series activities of Pujiang Innovation Forum, themed “Boundless Innovation, Collaborative Synergy”, was held in Lin-gang Special Area, Shanghai from September 26th to 28th, 2024.

During the opening ceremony, Zhao Chaofan, Director General, the Department of Science and Technology, Ministry of Industry and Information Technology (MIIT), Wang Dehua, Director of Incubation System Construction Division of Torch High Technology Industry Development Center Ministry of Science and Technology, Zhai Jinguo, Deputy Director of the Science and Technology Commission of Shanghai Municipality, and Peng Shiquan, Deputy Director of Lin-gang Special Area Management Committee attended and delivered welcome speeches. Li Youping, Deputy Director of the Torch Technology Industry Development Center, MIIT, Chen Xin, Vice President of Shanghai Association for Science and Technology, Sun Meng, Vice President of Shanghai Lingang Economic Development, and Huang Lihong, Director of Shanghai Technology Innovation Center, collectively launched WTIF 2024.
DMZ, The Drivery GmbH, London & Partners, UtrechtInc Startup Incubator, ITU Çekirdek Incubation Center,Startups House, 22 On Sloane, Caohejing Humanoid Robots Innovation Incubator, G60 Satellite Internet Incubator, Lingang Pujiang Entrepreneurship and Innovation Park, Lingang Medical Device Innovation Center and HCH Ventures officially joined “International Innovation Synergy and Incubation Alliance”.
Joint incubation contracts have been signed by several top-tier incubators: Startups House and Step Innovation, Peking University International S&T Innovation Center at Lingang and Lingang Science and Technology Investment, ITU Çekirdek Incubation Center and Shanghai Lingang United Development, 22 on Sloane and Lingang Pujiang Entrepreneurship and Innovation Park, USP Innovation Agency and Shanghai Pudong Software Park Incubator. Several letters of intent for project implementation have been signed, covering Nine Dimension Turing Technology and Caohejing Hi-Tech Park, Beijing Haibaichuan Technology and Shanghai Lingang United Development, and Paragraf Ltd and Shanghai Lingang Economic Development Group Technology Investment.
During the keynote speech, Dr. Frederico Lourenco, Vice President of Portfolio Strategy and Operations, Flagship Pioneering, and Prof. Kwang-Geun (James) Lee, Chairman of Asian Association of Business Incubation (AABI) delivered thematic sharing. Mi Lei, Founding Partner of CASSTAR, had in-depth dialogue with Tian Mochen, Founder and CEO of Kiwimoore. Profound dialogues were also created between Dr Tony Raven, Former Chief Executive, Cambridge Enterprise, and Dr Simon Thomas FREng, Fellow of the Royal Academy of Engineering,CEO and Co-Founder, Paragraf Ltd.
In the roundtable discussion on Innovation Models and Cooperation Opportunities for Global Incubation, UBI Global, DMZ, Startups House, Lingang SYNLINX Life Science Professional Incubator, The Drivery GmbH and Xnode discussed on innovation models for global technology incubation.
The Conference was guided by the Torch High Technology Industry Development Center Ministry of Science and Technology, Science and Technology Commission of Shanghai Municipality and Technology Committee, Lin-gang Special Area Administration of China (Shanghai) Pilot Free Trade Zone, and Shanghai Association for Science and Technology, organized by Shanghai Lingang Economic Development and Shanghai Technology Innovation Center, and co-organized by Shanghai Lingang Economic Development Group Technology Investment, Shanghai Technology Business Incubator Association and Step Innovation.
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MiTAC Computing Technology Achieves Brand Consolidation, Expands Server Business

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TAOYUAN, Oct. 1, 2024 /PRNewswire/ — MiTAC Computing Technology Corporation, a subsidiary of MiTAC Holdings Corporation (hereinafter referred to as MiTAC; stock symbol: 3706), has announced that the server brand TYAN® will be integrated with the MiTAC brand. Starting from October 1, 2024, all products will be branded under MiTAC, with the release of a new logo and updated official website. MiTAC Computing Technology Corporation website: http://www.mitaccomputing.com/

MiTAC entered the server ODM industry in 1999 as one of Taiwan’s pioneers in the server market. In 2007, it expanded its presence by acquiring Tyan Computer, building a reputation for designing high-performance motherboards and barebone systems targeting the high-end server market. Following the spinoff of MiTAC’s cloud computing business in 2014, MiTAC Computing Technology was established as a subsidiary of Mitac Holdings under the MiTAC-Synnex Group.
With over two decades of experience in server research, development, manufacturing, and sales, MiTAC Computing Technology has consistently pushed the boundaries of innovation by leveraging top talent and operational efficiency. Committed to earning customer trust and fostering mutual success, MiTAC designs and manufactures high-quality server products for OEMs and Cloud Service Providers (CSPs). Through its leading server brand of TYAN, MiTAC has garnered significant industry appreciations for its extensive expertise and success. Additionally, since July 2023, MiTAC Computing Technology has taken on Intel’s Datacenter Solutions Group (DSG) server business, further expanding its influence in the server market under the MiTAC brand.
Rick Hwang, President of MiTAC Computing Technology, explained that although MiTAC and TYAN serve distinct market segments, their integration under a single brand will streamline distribution strategies, create brand management synergies, and strengthen MiTAC’s overall market presence.
The brand integration process is fully completed by October 1, 2024, consolidating all products under the MiTAC brand. As the demand for generative AI continues to grow, MiTAC Computing Technology is committed to advancing its AI server product line by leveraging its R&D strengths. “Our commitment to delivering superior solutions and service to our customers remains unwavering,” said Rick Hwang. “By unifying our brand, we aim to enhance the value of MiTAC’s offerings, providing a seamless and consistent customer experience across all customers.”
About MiTAC Computing Technology Corporation
MiTAC Computing Technology Corporation, a subsidiary of MiTAC Holdings Corp. (TSE:3706), specializes in cloud, AI/HPC and edge computing solutions and has over 30 years of design and manufacturing expertise. With a strong focus on large-scale data centers, MiTAC offers flexible and customized solutions for various systems and applications. Our product lineup includes TYAN servers, ORAN servers, high-performance AI servers, and other data center products.
Originally, MiTAC operated the server channel business under the TYAN brand and began selling Intel DSG server products under the MiTAC brand in July 2023. As of October 2024, we have integrated the TYAN and MiTAC brands to streamline our operations and enhance brand management. MiTAC now serves as the sole brand name for all our products.
MiTAC Computing Technology Corporation website:http://www.mitaccomputing.com/
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Aero Design Labs receives U.S. and EASA approval for updated Boeing 737-800 drag reduction kit

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FORT WORTH, Texas, Sept. 30, 2024 /PRNewswire/ — Aero Design Labs (ADL) today announced it has received a Supplementary Type Certificate (STC) from the Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA) approval for its enhanced Boeing 737-800 drag reduction kit 2.0.

“We are delighted to introduce our next generation of the drag reduction kit, which we are referring to as ‘ADL Kit 2.0′,” said Jeff Martin, ADL President and CEO. “The ADL team has once again demonstrated its expertise and commitment to aviation carbon reduction through its continued improvement process. ADL’s next generation Kit 2.0 is an evolution from our original designs, meeting the stringent requirements based on valuable feedback from our launch partners. With our new EASA approval, we can now offer our carbon reduction kits to new EU airline customers.”
The ADL Kit 2.0 captures new benefits, and significantly reduces the installation time, delivering reduced out-of-service time for the conversion while generating meaningful fuel savings and reduced carbon emissions across the popular Boeing 737-800 variant. Based on feedback from airline partners, it is anticipated that a kit can be installed overnight, minimizing critical out-of-service time for the airlines.
“Having served as an airline operational executive, I understand the need for airlines to reduce their carbon footprint, save fuel and minimize aircraft out-of-service time for the modification,” said David Campbell, ADL Chief Operating Officer. “ADL Kit 2.0 offers better economics and a shorter payback period, assisting airlines with fuel savings and carbon reduction including their IATA CORSIA carbon reduction pledges.”
“On behalf of the team at ADL, we thank ALOFT AeroArchitects, NORDAM, AAR Corp, and the many airline partners who have assisted us on this journey”, concluded Jeff Martin. “Their feedback and contributions to our engineering efforts and joint commitments to reducing aviation carbon emissions are invaluable.”
About Aero Design Labs L.L.C.
Founded in 2015, Aero Design Labs (ADL) leads the way in the research, development and installation of drag reduction systems for airline fleets globally. ADL modifications to airlines’ existing fleets can result in fuel savings, extend fleet longevity and the potential for billions of pounds of CO2 to be prevented from entering the atmosphere. 
Media inquiries: Richard Bartrem [email protected]
Sales inquiries: David Campbell [email protected]
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