Plant Phenotyping Market Size, Share, Trends - 2027
Plant Phenotyping Market Report is Segmented by Product (Equipment (Site, Platform/Carrier, Application, Analysis Systems, Automation Level), Sensors (Image Sensors, NDVI Sensors, Temperature Sensors), and Software), Service, and Region
(EMAILWIRE.COM, February 22, 2023 ) According to a research report "Plant Phenotyping Market by Product (Equipment (Site, Platform/Carrier, Application, Analysis Systems, Automation Level), Sensors (Image Sensors, NDVI Sensors, Temperature Sensors), and Software), Service, and Region - Global Forecast to 2027" published by MarketsandMarkets, the global plant phenotyping market is projected to grow to USD 437 million by 2027, growing at a CAGR of 12.9% during the forecast period. Increasing expansions and investments for plant phenotyping in developed regions is a major factor driving the plant phenotyping market. Further to this, rising importance of sustainable crop production using improved crop varieties is also major factor triggering the market growth of plant phenotyping.
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Image sensors dominated the market in 2021 and is expected to display similar trend in the coming years
The image analysis segment is expected to account for the largest share of the plant phenotyping market in 2022. These are standalone or additional accessories that can be installed in plant phenotyping equipment systems. The equipment system may contain software installed by default, but with the increasing demand for different applications, additional software and sensors can be integrated according to the requirement of the end user (service providers or research organizations).
The image analysis segment is expected to account for the largest share of the plant phenotyping market in 2022
The image analysis segment is expected to account for the largest share of the plant phenotyping market in 2022. These are standalone or additional accessories that can be installed in plant phenotyping equipment systems. The equipment system may contain software installed by default, but with the increasing demand for different applications, additional software and sensors can be integrated according to the requirement of the end user (service providers or research organizations).
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Europe dominated the market in 2021 with a share of 37.8%, while Asia Pacific is projected to grow at the highest CAGR of 13.9% from 2022 to 2027.
High emphasis on funding for plant phenotyping experiments from the government and other organizations in Europe and North America has played a vital role in the growth of the plant phenotyping market in these regions.
Developing countries in the Asia Pacific region are likely to witness strong demand for plant phenotyping products and services, especially for being able to meet challenges for the food, fuel, and feed demand for the growing population in such countries, along with being able to develop plants that can survive the changing climatic conditions in these countries.
Key companies in the market include plant phenotyping product manufacturers [such as LemnaTec GmbH (Germany), Delta-T Devices Ltd. (UK), CropDesign - BASF SE (Germany), Heinz Walz GmbH (Germany), Phenospex B.V. (Netherlands), WPS (Netherlands), Phenomix (France), Photon Systems Instruments (Czech Republic), and Qubit Systems (Qubit Phenomics) (Canada)] as well as service providers [such as KeyGene N.V. (Netherlands), Rothamsted Research Limited (UK), The Vienna Biocenter Core Facilities GmbH (VBCF) (Austria), and Equinom (Netherlands)]. These companies have been continuously developing their products and services in response to advanced theories based on spectrometry and imagery techniques.
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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=236591018
Image sensors dominated the market in 2021 and is expected to display similar trend in the coming years
The image analysis segment is expected to account for the largest share of the plant phenotyping market in 2022. These are standalone or additional accessories that can be installed in plant phenotyping equipment systems. The equipment system may contain software installed by default, but with the increasing demand for different applications, additional software and sensors can be integrated according to the requirement of the end user (service providers or research organizations).
The image analysis segment is expected to account for the largest share of the plant phenotyping market in 2022
The image analysis segment is expected to account for the largest share of the plant phenotyping market in 2022. These are standalone or additional accessories that can be installed in plant phenotyping equipment systems. The equipment system may contain software installed by default, but with the increasing demand for different applications, additional software and sensors can be integrated according to the requirement of the end user (service providers or research organizations).
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=236591018
Europe dominated the market in 2021 with a share of 37.8%, while Asia Pacific is projected to grow at the highest CAGR of 13.9% from 2022 to 2027.
High emphasis on funding for plant phenotyping experiments from the government and other organizations in Europe and North America has played a vital role in the growth of the plant phenotyping market in these regions.
Developing countries in the Asia Pacific region are likely to witness strong demand for plant phenotyping products and services, especially for being able to meet challenges for the food, fuel, and feed demand for the growing population in such countries, along with being able to develop plants that can survive the changing climatic conditions in these countries.
Key companies in the market include plant phenotyping product manufacturers [such as LemnaTec GmbH (Germany), Delta-T Devices Ltd. (UK), CropDesign - BASF SE (Germany), Heinz Walz GmbH (Germany), Phenospex B.V. (Netherlands), WPS (Netherlands), Phenomix (France), Photon Systems Instruments (Czech Republic), and Qubit Systems (Qubit Phenomics) (Canada)] as well as service providers [such as KeyGene N.V. (Netherlands), Rothamsted Research Limited (UK), The Vienna Biocenter Core Facilities GmbH (VBCF) (Austria), and Equinom (Netherlands)]. These companies have been continuously developing their products and services in response to advanced theories based on spectrometry and imagery techniques.
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Contact Information:
MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results