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IoT Revolutionizes Harvesting: Driving Growth In The Harvesting Technology Market: A Significant Driver Propelling The Harvesting Technology Market In 2025
Harvesting Technology
What Is the Harvesting Technology Market Size and Projected Growth Rate?
The Harvesting Technology Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Harvesting Technology Market Size and Projected Growth Rate?
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What Are the Major Segments in the Harvesting Technology Market?
The harvesting technology market covered in this report is segmented -
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
Subsegments:
1) By Light Energy Harvesting: Solar Panels, Photovoltaic Cells
2) By Vibration Energy Harvesting: Piezoelectric Generators, Electromagnetic Harvesters
3) By Frequency Energy Harvesting: RF-To-DC Converters, Antenna Systems
4) By Thermal Energy Harvesting: Thermoelectric Generators, Heat-To-Power Converters
5) By Radio Frequency Energy Harvesting: RF Energy Harvesting Chips, Rectennas
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What Are The Driving Harvesting Technology Market Evolution?
The rise in usage of IoT devices is anticipated to accelerate the expansion of the harvesting technology market. IoT devices are physically connected to the internet and equipped with sensors, software, and other digital technologies. The surge in IoT device usage is primarily fueled by the increasing availability of wireless connectivity, a rising demand for automation and intelligence, and the emergence of cloud computing. These IoT devices facilitate real-time monitoring and data accumulation in agricultural activities. For example, in 2022, the India Brand Equity Foundation (IBEF), a semi-government organization based in India, expects an 18% increase in the Internet of Things (IoT) market. They estimate it will achieve 14.4 billion active connections by 2025. In addition, it's predicted the number of interconnected IoT devices will skyrocket to nearly 27 billion by 2025. This increase is due to eased supply constraints and additional growth acceleration. Consequently, the climbing usage of IoT devices will stimulate the growth of the harvesting technology market.
Which Firms Dominate The Harvesting Technology Market Segments?
Major companies operating in the harvesting technology market include Cymbet Corporation, Mide Technology Corporation, Powercast Corporation, Analog Devices Inc., EnOcean GmbH, ABB Ltd., Fujitsu Limited, Honeywell International Inc., STMicroelectronics N.V., Koch Engineered Solutions LLC, Advanced Cooling Technologies Inc. (ACT), THALES Group, Paragraf Ltd., Insolight SA, McQ Inc., Ilika Technologies Ltd., Seatrec Ltd., Enteligent Inc., ICE Thermal Harvesting, Abundant Robotics Inc., AGJunction Inc.
What Trends Are Expected to Dominate the Harvesting Technology Market in the Next 5 Years?
Leading firms in the harvesting technology industry are advancing their technology, incorporating generative AI-powered agri-intelligence platforms. This progression aims to increase crop productivity, streamline resource utilization, and enhance agricultural practices' efficiency. These Gen AI-operated agri-intelligence platforms function as superior tech systems that deploy generative artificial intelligence for interpreting agricultural information and providing inputs for farming methods. For example, in July 2024, the agritech business Cropin Technology from India introduced Sage, the maiden real-time Gen AI-operated agri-intelligence platform. Sage's design facilitates delivering crucial insights to farmers by scrutinizing extensive agricultural data instantly. This empowers farmers to make informed decisions to improve crop production, optimize resource efficacy, and favor sustainable farming methods. Sage, this ground-breaking platform, uses generative AI and offers predictive analysis, crop health surveillance, and custom recommendations fitted to each farm's conditions.
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Which Is The Largest Region In The Harvesting Technology Market?
North America was the largest region in the harvesting technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global harvesting technology market during the forecast period. The regions covered in the harvesting technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Harvesting Technology Market?
2. What is the CAGR expected in the Harvesting Technology Market?
3. What Are the Key Innovations Transforming the Harvesting Technology Industry?
4. Which Region Is Leading the Harvesting Technology Market?
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