HARVEST AUTOMATION

Company Snapshot

Founded: 2008
Entity Type: Private
Region: U.S.
Headquarter: Massachusetts, U.S.
Key Geographics: North America, Europe, Asia-Pacific
Corporate Address: 85 Rangeway Road Billerica, Massachusetts 01862 U.S. Tel. +1-978-528-4250 www.public.harvestai.com

Company Overview

Harvest Automation, Inc. is a robotics company that specializes in manufacturing small, mobile material handling robots for nursery, greenhouse and eCommerce fulfillment applications. The company’s flagship product, the HV-100, represents a significant advancement in material handling tasks within unstructured, outdoor environments commonly found in commercial growing operations.

The company employs behavior-based robotics to create a scalable and robust system architecture for robots to operate in challenging environments. This approach aims to address the increasing pressures from labor, production costs and environmental factors in agriculture. It is continuously improving its robots while expanding into other agricultural markets, particularly in North America, where there is a rising demand for automated harvesting robots to meet the increasing need for fruits and vegetables, driven by the population’s focus on health and the growing demand for automated solutions in agriculture.

HARVEST AUTOMATION In Reports

Robotics: Technologies and Global Markets

BCC Research Market Analyst says global market for robotics was valued at $67.9 billion in 2023. The market is expected to grow from $78.4 billion in 2024 to $165.2 billion by the end of 2029 at a CAGR of 16.1%.

Robotics: Technologies and Global Markets

BCC Research Market Report for robotics is estimated to increase from $55.8 billion in 2021 to $91.8 billion by 2026, at a compound annual growth rate (CAGR) of 10.5%

Robotics: Technologies and Global Markets

The global robotics market should reach $64.0 billion by 2023 from $38.1 billion in 2018 at a compound annual growth rate of 10.9% for the period 2018-2023.

Company's Business Segments

  • Mobile Autonomous Robots : The company provides mobile autonomous robots designed for material handling tasks in agriculture and potentially e-commerce fulfillment.

Applications/End User Industries

  • Agriculture
  • Horticulture
  • Warehousing
  • Life Sciences
  • Automotive
  • Manufacturing
AI Sentiment