Global Plant Phenotyping Industry to reach USD 288.2 billion by 2025.
Global Plant Phenotyping Industry valued approximately USD 113.4 billion in 2016 is anticipated to grow with a healthy growth rate of more than 10.92% over the forecast period 2019-2025. With the increasing population, the need to grow high-yielding crops for the fulfillment of food security needs has also increased. High frequency of extreme weather situations and global warming may affect livestock adversely. Thus, livestock like crop, forestry, and aquaculture productivity needs to be secured for future. Which is the major factor driving the growth of the Global Plant Phenotyping Industry. Furthermore, the requirement of new methodology and techniques to enhance productivity and quality of crop and to mitigate the risk by various environmental challenges are aiding to the growth of the Industry. Innovations in imaging techniques facilitate better assessment of plant characteristics for the development of better crop breeds suitable for the particular environment. Imaging techniques assist in detecting optical properties of plants by using various technologies like imaging spectroscopy, infrared imaging, fluorescence imaging, and visible light imaging, whose, data sorts from macroscopic to molecular scale. A phenotype refers to the composite of an organism's observable characteristics or traits, such as its morphology, development, biochemical or physiological properties, behavior, and products of behavior. A phenotype is a result produced by the expression of an organism's genetic code, its genotype, as well as the influence of environmental factors and the interactions between the two. The basic use of plant phenotype is to gain the knowledge of various plants and to utilize this knowledge for manufacturing crops that have high productivity and sustainability.
The regional analysis of Global Plant Phenotyping Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Industry share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025.
The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Plant Phenotyping Industry Share and Size by 2019-2025
Plant Phenotyping Market Segmentation:
* Measurement Acquisition & Data Analysis
* Statistical Analysis
* North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Major Market Players in Plant Phenotyping Market are as follows:
Lemnatec, Delta-T Devices Ltd., Saga Robotics, Heinz Walz, Phenospex, Keygene, Phenomix, SM - bvba, Cropdesign (BASF SE), Qubit Systems Inc. (Qubit Phenomics), Conviron, Photon Systems Instruments, WPS B.V., EarthSense, Inc., WIWAM, Rothamsted Research Limited, VBCF and s - on.