Plant phenotyping market
DUBLIN, April 18, 2024 (Globe Newswire) — The “Plant Phenotyping – Global Strategic Business Report” report has been added. ResearchAndMarkets.com Recruitment.
Global plant phenotyping market expected to reach $363.8 million by 2030
The global market for plant phenotyping, estimated at USD 174 million in 2023, is projected to reach an adjusted size of USD 363.8 million by 2030, with an analysis of 2023-2030. Growing at a CAGR of 9.7% over the period.
Plant phenotyping equipment, one of the segments analyzed in the report, is expected to register a CAGR of 9.6% and reach USD 227.3 million by the end of the analysis period. The growth of the plant phenotyping software sector is estimated at a CAGR of 10.8% over the next eight years.
The US market is estimated at $43.9 million, while China is projected to grow at a CAGR of 9.2%
The US plant phenotyping market is estimated to be USD 43.9 million in 2023. China, the world's second largest economy, is expected to reach a projected market size of USD 34.3 million by 2030, trending at a CAGR of 9.2% YoY. The analysis period is from 2023 to 2030. Other notable geographic markets include Japan and Canada, which are expected to grow by 8.1% and 9.6%, respectively, between 2023 and 2030. Among Europe, Germany is projected to grow at a CAGR of approximately 10.6%.
New reporting features
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Full access to influencer engagement statistics
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Free access to digital archives and research platforms. The unique platform is fully enabled to unleash the creativity and market knowledge of subject matter experts from around the world in a cohesive and collaborative manner. State-of-the-art tools provide a world-class market perspective while protecting participant privacy and identity. The numbers, statistics, and market stories within the report are based on fully curated insights shared by experts and influencers in the field.
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Opportunity to participate in interactive surveys with real-time data simulator tools and bespoke report generation capabilities
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Full client access to a peer collaboration and interactive platform for smart idea exchange between businesses
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1 year of free report updates
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Covering global market share of competitors and key players
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Player market presence analysis across multiple regions (Strong/Active/Niche/Minor)
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Access to selected YouTube video transcripts of subject matter expert/influencer interviews, podcasts, press statements, and event keynotes.
This report includes profiles of 13 notable companies. Companies included in the report include:
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Keygene NV
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Delta-T Devices Co., Ltd.
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Qubit Systems Co., Ltd.
Key attributes:
report attributes |
detail |
number of pages |
95 |
Forecast period |
2022-2030 |
Estimated market value in 2022 (USD) |
$156.5 million |
Projected market value to 2030 (USD) |
$363.8 million |
compound annual growth rate |
11.1% |
Target area |
global |
Main topics covered:
I. Methodology
II. Executive Summary
1. Market overview
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Plant Phenotyping – Global Major Competitors Market Share Percentage in 2023 (E)
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Competitive Market Presence – Strong/Active/Niche/Mediocre (E) for Players Worldwide in 2023
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Plant Phenotyping: Market Overview and Outlook
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Equipment dominates the market
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Europe leads the plant phenotyping market
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competitive scenario
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Recent market activity
2. Focus on selected players
3. Market trends and drivers
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Plant phenotyping becomes increasingly important in ensuring food security for the expanding world population
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World population estimate (in billions): 2000-2050
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Global food demand: demand growth from 2008 to 2017 and from 2018 to 2027 (in million tonnes)
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Increased adoption of sustainable agricultural practices and growing interest in plant expression techniques
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Dramatic impacts of climate change drive research and development in plant phenotyping research
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Earth's average surface temperature in 1940, 2000, and 2023 (Fahrenheit)
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Plant phenotyping has the potential to address water stress
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Global water use: Breakdown of agricultural practices, industrial processes and share of domestic use
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Shrinking arable land and decreasing crop yields are increasing the importance of plant phenotyping.
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Loss of arable land and decline in yields doubles pressure to strengthen plant defenses against diseases: global arable land availability (hectares per capita and total land area) in 1990, 2000, 2018, and 2023 percentage)
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Plant phenotyping to support precision agriculture
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Increasing threat of plant diseases and concerns about associated yield losses have led to increased interest in plant phenotyping
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Comparison of yield with and without crop protection
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High-throughput plant phenotyping techniques to improve agriculture and plant breeding
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Satellite imaging, drones and proximate phenotyping
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The prominent role of technological advances in advances in plant phenotyping
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Automated phenotyping offers new avenues for plant selection and yield increase
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AI and machine learning play a transformative role in plant phenotyping
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Artificial Intelligence in Agriculture by Application Type: 2023
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Artificial Intelligence in Agriculture through Technology: 2023
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Drone technology reaches new heights, providing deeper insights into plant phenotyping
4. Global market perspective
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Table 1: Global recent past, present and future analysis of plant phenotyping by geographic region – US, Canada, Japan, China, Europe, Asia-Pacific and Rest of the World Market – 2023-1000 Independent analysis of annual sales 2030 and % CAGR
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Table 2: Global 7-year outlook for plant phenotyping by geographic region – 2024 and 2030 sales percentage breakdown for the US, Canada, Japan, China, Europe, Asia-Pacific and other global markets
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Table 3: World's recent past, present and future analysis of Equipment by Geographical Regions – United States, Canada, Japan, China, Europe, Asia Pacific and Rest of the World Markets – Annual Sales from 2023 to 2030 Proprietary analysis and % CAGR in thousands of USD
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Table 4: Seven-year outlook for global equipment by geographic region – percentage breakdown of sales in the United States, Canada, Japan, China, Europe, Asia Pacific and the rest of the world in 2024 and 2030
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Table 5: Recent past, present and future analysis of the world by geographical regions for software – US, Canada, Japan, China, Europe, Asia-Pacific and Rest of the World Market – Annual sales in thousands from 2023 to 2030 Independent analysis of USD and % CAGR
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Table 6: Global 7-year outlook for software by geographic region – 2024 and 2030 breakdown of sales percentage in the United States, Canada, Japan, China, Europe, Asia-Pacific and the rest of the world
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Table 7: Global recent past, present and future analysis of sensors by geographical region – US, Canada, Japan, China, Europe, Asia-Pacific and Rest of the World Market – Annual sales in thousands from 2023 to 2030 Independent analysis of USD and % CAGR
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Table 8: Global 7-year Outlook for Sensors by Geographic Region – 2024 and 2030 breakdown of sales percentage in the United States, Canada, Japan, China, Europe, Asia-Pacific and Rest of the World
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Table 9: Global Plant Phenotyping Market Annual Revenue (USD Thousand) Analysis from 2020 to 2030
For more information on this report, please visit https://www.researchandmarkets.com/r/v1ot6g.
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