Sri Lanka Smart Harvest Market opportunity, assessment, leading, players and forecast 2027


Sri Lanka Smart Harvest Market size was valued at US$ Mn.Bn. in 2021 and the total revenue is expected to grow at highest CAGR through 2022 to 2027, reaching nearly US$ Mn.Bn.

Sri Lanka Smart Harvesting technologies assist farmers in increasing their agricultural revenue. Soil, livestock, and plant geographic information, as well as inter- and intra-field information, are used to protect crops from adverse environmental effects. Modern Smart Harvest technologies also aid in the precise application of irrigation water, liquid fertilizers, nutrients, herbicides, and pesticides on fields, reducing resource waste. Farmers can benefit from the implementation of modern solutions, such as IoT, for weather forecasting and crop harvesting. The Internet of Things in harvesting aids in accurately assessing real-time weather conditions such as rainfall, humidity, and temperature. Smart agriculture is critical to the use of smart harvesting technologies.

Introduction of Sri Lanka Smart Harvest market:

From 2021 to 2027, industrial grade is expected to grow at a 5.1% CAGR. Industrial grade fluroboric acid is used in a variety of markets. The same method can be used to clean metallic surfaces before welding. Pharmaceutical grade fluroboric acid is widely used in the pharmaceutical industry for bulk drug synthesis. It has also been used in the production of etherifying cellulose and acetals as catalyst chemicals. Furthermore, the same acid was used as a reagent. As a result of these numerous applications, the  Sri Lanka Smart Harvest  market is expected to grow significantly over the forecast period.

Fluoroboric acid's use in medicine is expected to skyrocket over the forecast period. The most common source of fluoroborate salts is fluoroboric acid, which is produced by reacting metal oxides with the acid. Inorganic salts are used in the production of flame retardant materials, glazing frits, and boron electrolysis. Fluoroboric acid is used in both aluminum etching and acid pickling. Fluoroboric acid is used as a catalyst in alkylation and polymerization. In carbohydrate protection operations, ethereal fluoroboric acid is an efficient and cost-effective catalyst for transactivation and isopropylidenation reactions.

Sri Lanka Smart Harvest Market Overview:

The report analyzes the current  Sri Lanka Smart Harvest Market in depth and forecasts performance over the forecast period. The report profiles the key market criteria to assist stakeholders in making informed business decisions. The report provides an overview of the  Sri Lanka Smart Harvest  market, highlighting standard topics and providing data that can be customized as needed. The report provides insight into the  Sri Lanka Smart Harvest  market, which aids in understanding future product demand and competitiveness. Market Overview provides detailed information on market size, regional share, and market player benchmarking. The report assists in providing complete knowledge of the  Sri Lanka Smart Harvest  market in order to redefine business strategies and fully utilize them.

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Sri Lanka Smart Harvest  Market Key players:

Hayleys Agriculture
SenzAgro
Agrithmics
Vega Innovations
GREENEXT
AiGROW
Eaksha
ELZIAN AGRO

Sri Lanka Smart Harvest Market Dynamics:

Agriculture in Sri Lanka has advanced technologically in recent decades, making farming more convenient, efficient, and profitable. Smart Harvesting can help farmers overcome growth constraints and increase agriculture's economic contribution in Sri Lanka by leveraging technological innovations. Sri Lanka's agriculture sector is improving coordination and information exchange by utilizing data and information communication technology. GeoGoviya is the country's first cloud-based platform that connects multiple departments and ministries. The GeoGoviya mobile application has improved the Sri Lankan government's system's ability to measure, monitor, and report farm-level data..

Sri Lanka Smart Harvest  Market Segmentation:

According to the Component,  The hardware components used in the smart harvest market include harvesting robotics, automation systems, sensors, and imaging systems. Each of the three hardware components is intended to work together to move, identify, and harvest the fruit or vegetable. During the forecast period, AI (Artificial Intelligence) integration with smart harvest systems is expected to allow robots to make decisions based on the right criteria.

Based on Crop Type, Manufacturers are attempting to develop various harvesting robot technologies for commercial deployment over the forecast period. Apples, strawberries, and citrus fruits are just a few of the fruits that can be harvested using today's smart harvesting systems (lemons and oranges). Smart harvesting systems open up new avenues for combining yield monitoring sensors and ripening controls across a wide range of fruits.

Prime Reasons to purchase a  Sri Lanka Smart Harvest  Market report:

The goal of the  Sri Lanka Smart Harvest  market report is to help consumers to gain more information and a clearer understanding of the industry. The  Sri Lanka Smart Harvest  market growth analysis includes development trends, competitive landscape analysis, investment plan, business strategy, opportunity, and key regions development status for international markets.

  • The  Sri Lanka Smart Harvest  market overview and the analysis of several affecting elements such as drivers, restraints, and opportunities.
  • Porter's Five Force Analysis and SWOT analysis are used to define, characterize, and analyse the  Sri Lanka Smart Harvest  market competition landscape, with a focus on key players.
  • Extensive analysis of the  Sri Lanka Smart Harvest  competitive landscape
  • Identification and analysis of micro and macro elements that influence and is expected to influence the  Sri Lanka Smart Harvest  market growth.
  • A comprehensive list of major market players in the  Sri Lanka Smart Harvest  industry.
  • In the  Sri Lanka Smart Harvest  market, it provides a descriptive study of demand-supply chaining.
  • Statistical study of certain key economic statistics
  • Figures, charts, graphs, and illustrations are used to clearly describe the  Sri Lanka Smart Harvest  market.

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About Stellar Market Research

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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About stellar Market Research Pvt. Ltd

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business.

Contact Information

stellar Market Research Pvt. Ltd

S.no.8, h.no. 4-8 Pl.7/4, Kothrud, Pinnac Memories Fl. No. 3
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411041
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Published in

Agriculture , Business

Published on

Mar 11, 2023

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