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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) –
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Ateknea Solutions
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Groupe ICV
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John Deere
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QuantisLabs ltd.
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Teejet Technologies
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TerraNIS
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Topcon Corporation
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Trimble, Inc.
What`s New for 2023?
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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.
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Global competitiveness and key competitor percentage market shares
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Market presence across multiple geographies – Strong/Active/Niche/Trivial
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Online interactive peer-to-peer collaborative bespoke updates
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Access to digital archives and Research Platform
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Complimentary updates for one year
Key Attributes:
Report Attribute |
Details |
No. of Pages |
173 |
Forecast Period |
2022 – 2030 |
Estimated Market Value (USD) in 2022 |
$1.1 Billion |
Forecasted Market Value (USD) by 2030 |
$1.7 Billion |
Compound Annual Growth Rate |
5.6% |
Regions Covered |
Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
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Influencer Market Insights
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World Market Trajectories
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Market Primer
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Adoption of New Technologies and Increasing Demand for High Quality Grapes Drive the Precision Viticulture Market
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Guidance Systems: Key Technology Segment of the Precision Viticulture Market
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Asia Pacific: The Largest Precision Viticulture Market Worldwide
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PRODUCT OVERVIEW
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Precision Viticulture – An Introduction
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Enabling Technologies for Vineyard Variation
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Approaches to Managing Variability
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Benefits of Precision Viticulture
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Economic Benefits
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Tools to Optimize Vineyard Performance
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Terroir Management
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Canopy Management
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Crop Load Monitoring
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Berry Quality Management
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Harvest Management
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Disease Management
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Water Management
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Environmental Monitoring
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Wireless Sensor Networks
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Soil Mapping
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Weed Control
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Yield Monitoring
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Managing Vineyard Operations: Software Applications
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Precision Viticulture – Global Key Competitors Percentage Market Share in 2022 (E)
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Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
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Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
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Cutting Edge Technologies Help Improve Quality and Quantity of Grapes and Wines
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Digital Vineyards: The Concept of Self Thinking Farms
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Precision Viticulture Technologies Assisting Variability Management in Vineyards
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SmartVineyards Hardware and Software for Accurate Measurements and Predictions
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Using Artificial Intelligence and Drones to Improve Quality and Yield
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Sensor Driven Viticulture Tools Measure and Monitor Vines
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Object Based Image Analysis Based on Digital Surface Model for 3D Grapevine Characterization
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Multiple Benefits from Remote Sensing Drone Technology
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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
About ResearchAndMarkets.com
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