Global Precision Viticulture Strategic Business Report 2023: Cutting Edge Technologies Help Improve Quality and Quantity of Grapes and Wines


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

Key Attributes:

Report AttributeDetails
No. of Pages173
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$1.1 Billion
Forecasted Market Value (USD) by 2030$1.7 Billion
Compound Annual Growth Rate5.6%
Regions CoveredGlobal

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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Global Market for Precision Viticulture

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