Press release
Harvesting Technology Market 2023: Future Demands, Revenue And Manufacturers Analysis
Harvesting Technology Global Market
Harvesting Technology Market Size, Growth Rate, And Forecast
The global harvesting technology market size is expected to grow from $12.16 billion in 2022 to $12.95 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global harvesting technology market size is expected to reach $16.18 billion in 2027 at a CAGR of 5.7%.
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Harvesting Technology Market Drivers
The growing implementation of IoT devices is expected to propel the growth of the harvesting technology market going forward. IoT devices refer to physical devices that are connected to the internet and embedded with sensors, software, and other technologies. The growing implementation of IoT devices is mostly driven by the growing availability of wireless connectivity, increasing demand for automation and intelligence, and the rise of cloud computing, where IoT devices allow for real-time monitoring and data collection in agriculture practices.
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Harvesting Technology Market Segments
1) By Technology: Light Energy Harvesting, Vibration Energy Harvesting, Frequency Energy Harvesting, Thermal Energy Harvesting, Radio Frequency Energy Harvesting
2) By Component: Power Management Integrated Circuits, Storage System, Transducers, Sensors, Other Components
3) By Application: Horticulture, Greenhouse, Crops, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Harvesting Technology market.
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Harvesting Technology Market Key Players
Major competitors in the Harvesting Technology market include Cymbet Corporation, Mide Technology Corporation, Powercast Corporation, Analog Devices Inc., Cymbet Corporation, EnOcean GmBH
The Table Of Content For The Harvesting Technology Market Include:
1. Executive Summary
2. Harvesting Technology Market Characteristics
3. Harvesting Technology Market Trends And Strategies
4. Harvesting Technology Market - Macro Economic Scenario
5. Harvesting Technology Market Size And Growth
……
27. Harvesting Technology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Harvesting Technology Market
29. Harvesting Technology Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Harvesting Technology Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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