Global Market for Precision Viticulture

Dublin, April 06, 2023 (GLOBE NEWSWIRE) — The “Precision Viticulture: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Precision Viticulture estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$1.7 Billion by 2030, growing at a CAGR of 6.1% over the analysis period 2022-2030.

Guidance Systems, one of the segments analyzed in the report, is projected to record a 6.7% CAGR and reach US$794.8 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Remote Sensing segment is readjusted to a revised 5.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $291.5 Million, While China is Forecast to Grow at 10% CAGR

The Precision Viticulture market in the U.S. is estimated at US$291.5 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$386.6 Million by the year 2030 trailing a CAGR of 10% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 6.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$235.4 Million by the year 2030.

Select Competitors (Total 42 Featured) –

• Ateknea Solutions

• Groupe ICV

• John Deere

• QuantisLabs ltd.

• Teejet Technologies

• TerraNIS

• Topcon Corporation

• Trimble, Inc.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies – Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and Research Platform

• Complimentary updates for one year

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Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• World Market Trajectories

• Market Primer

• Adoption of New Technologies and Increasing Demand for High Quality Grapes Drive the Precision Viticulture Market

• Guidance Systems: Key Technology Segment of the Precision Viticulture Market

• Asia Pacific: The Largest Precision Viticulture Market Worldwide

• PRODUCT OVERVIEW

• Precision Viticulture – An Introduction

• Enabling Technologies for Vineyard Variation

• Approaches to Managing Variability

• Benefits of Precision Viticulture

• Economic Benefits

• Tools to Optimize Vineyard Performance

• Terroir Management

• Canopy Management

• Crop Load Monitoring

• Berry Quality Management

• Harvest Management

• Disease Management

• Water Management

• Environmental Monitoring

• Wireless Sensor Networks

• Soil Mapping

• Weed Control

• Yield Monitoring

• Managing Vineyard Operations: Software Applications

• Precision Viticulture – Global Key Competitors Percentage Market Share in 2022 (E)

• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Cutting Edge Technologies Help Improve Quality and Quantity of Grapes and Wines

• Digital Vineyards: The Concept of Self Thinking Farms

• Precision Viticulture Technologies Assisting Variability Management in Vineyards

• SmartVineyards Hardware and Software for Accurate Measurements and Predictions

• Using Artificial Intelligence and Drones to Improve Quality and Yield

• Sensor Driven Viticulture Tools Measure and Monitor Vines

• Object Based Image Analysis Based on Digital Surface Model for 3D Grapevine Characterization

• Multiple Benefits from Remote Sensing Drone Technology

• Precision Viticulture: Implementation Challenges

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/2xunvx

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