Dublin, April 18, 2024 (GLOBE NEWSWIRE) -- The "Plant Phenotyping - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Plant Phenotyping Market to Reach $363.8 Million by 2030
The global market for Plant Phenotyping estimated at US$174 Million in the year 2023, is projected to reach a revised size of US$363.8 Million by 2030, growing at a CAGR of 9.7% over the analysis period 2023-2030.
Plant Phenotyping Equipment, one of the segments analyzed in the report, is projected to record 9.6% CAGR and reach US$227.3 Million by the end of the analysis period. Growth in the Plant Phenotyping Software segment is estimated at 10.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $43.9 Million, While China is Forecast to Grow at 9.2% CAGR
The Plant Phenotyping market in the U.S. is estimated at US$43.9 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$34.3 Million by the year 2030 trailing a CAGR of 9.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.1% and 9.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 10.6% CAGR.
New Report Features
- Full access to influencer engagement stats
- Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
- Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
- Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
- Complimentary report updates for one year
- Competitor coverage with global market shares of major players
- Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
- Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes
The report features profiles of 13 featured companies. A selection of companies in the report includes:
- Keygene NV
- Delta-T Devices Ltd.
- Qubit Systems Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 95 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $156.5 Million |
| Forecasted Market Value (USD) by 2030 | $363.8 Million |
| Compound Annual Growth Rate | 11.1% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Plant Phenotyping - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- Plant Phenotyping: Market Overview and Outlook
- Equipment Dominates the Market
- Europe Leads the Plant Phenotyping Market
- Competitive Scenario
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Ensuring Food Security for Expanding World Population Raises Significance of Plant Phenotyping
- Global Population Estimates (in Billion): 2000-2050
- Food Demand Worldwide: Demand Growth in Million Tonnes for the Period 2008-2017 and 2018-2027
- Increasing Adoption Sustainable Agriculture Practices Drive Interest on Plant Phenotying Techniques
- Drastic Implications of Climate Change Impel Plant Phenotyping R&D
- Average Global Surface Temperature (In Degrees Fahrenheit) for the Years 1940, 2000 and 2023
- Plant Phenotyping Holds Potential to Address Water Stress
- Global Water Utilization: Percentage Share Breakdown for Agricultural Practices, Industrial Processes, and Domestic Usag
- Shrinking Arable Land & Declining Agricultural Yields Drive the Importance of Plant Phenotyping
- Loss of Arable Land & Decline in Yields Doubles Up the Pressure to Strengthen Plant Defenses Against Diseases: Global Availability of Arable Land in Hectares Per Person & as a % of Total Land Area for the Years 1990, 2000, 2018 and 2023
- Plant Phenotyping to Aid Precision Agriculture
- Rising Threat of Plant Diseases and Concerns over Associated Yield Losses Enhances Interest in Plant Phenotyping
- Comparison of Yields With and Without Crop Protection
- High-Throughput Plant Phenotyping Techniques to Improve Farming and Plant Breeding
- Satellite Imaging, Drones and Proximal Phenotyping
- Prominent Role of Technological Advances in Progress of Plant Phenotyping
- Automated Phenotyping Offers New Avenues for Plant Selection and Higher Yields
- AI and Machine Learning to Play a Transformative Role in Plant Phenotyping
- Artificial Intelligence in Agriculture by Application Type: 2023
- Artificial Intelligence in Agriculture by Technology: 2023
- Drones Technology Scales New Heights to Provide Deeper Insights into Plant Phenotyping
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Plant Phenotyping by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- Table 2: World 7-Year Perspective for Plant Phenotyping by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
- Table 3: World Recent Past, Current & Future Analysis for Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- Table 4: World 7-Year Perspective for Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- Table 5: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- Table 6: World 7-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- Table 7: World Recent Past, Current & Future Analysis for Sensors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- Table 8: World 7-Year Perspective for Sensors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- Table 9: World Plant Phenotyping Market Analysis of Annual Sales in US$ Thousand for Years 2020 through 2030
For more information about this report visit https://www.researchandmarkets.com/r/v1ot6g
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