PitchBook-2024年工业技术展望（英）-2023-12页_384kb

2024 Industrial Technology Outlook Summary

Overview

This report analyzes emerging technologies' outlooks for 2024, covering AgTech, Internet of Things (IoT/5G), Supply Chain Tech, Carbon & Emissions Tech, and Clean Energy. Key drivers include labor shortages, regulatory changes, technological advancements, and government funding. Risks involve high costs, integration issues, and regulatory hurdles.

1. AgTech

Autonomous farm robots will see major adoption due to labor shortages, tech advancements, and efficiency gains. Key companies include John Deere and startups like FarmWise. Rationale highlights factors like automation benefits and market readiness. Risks include high upfront costs and integration challenges. Valuation data shows companies like Monarch Tractor with high M&A potential.

2. Internet of Things (5G)

Private 5G startups may achieve unicorn valuations in late-stage deals or acquisitions, driven by ecosystem growth and reduced barriers. Key companies like EdgeQ and Cohere Technologies show strong funding potential. Rationale includes increasing private network deployments. Risks involve chip shortages and valuation compression since 2023.

3. Supply Chain Tech

Drone deliveries will go commercial in the US with increased funding, following regulatory exemptions. Rationale focuses on efficiency, emissions reduction, and economic benefits. Key companies include Zipline, with successful test programs. Risks include limited operational areas, privacy concerns, and competition from large enterprises.

4. Carbon & Emissions Tech

Demand for carbon credits will recover in 2024, amid new integrity standards. Rationale addresses market scrutiny and decarbonization tools. Key developments include independent standards like those from The Integrity Council. Risks remain low-integrity credits, but removal-based options gain favor.

5. Clean Energy

US clean hydrogen technology companies will become acquisition targets due to government funding via hydrogen hubs. Rationale involves low-carbon pathways and cost reductions. Key players include oil & gas companies acquiring niche technologies. Risks include cost uncertainties and scaling challenges.