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Precision Viticulture - Global Market Trajectory & Analytics

  • ID: 4805696
  • Report
  • April 2021
  • Region: Global
  • 279 pages
  • Global Industry Analysts, Inc
Global Precision Viticulture Market to Reach $1.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Precision Viticulture estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$1.9 Billion by 2027, growing at a CAGR of 7.5% over the analysis period 2020-2027. Guidance Systems, one of the segments analyzed in the report, is projected to record a 8.1% CAGR and reach US$893.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Remote Sensing segment is readjusted to a revised 7.2% CAGR for the next 7-year period.



The U.S. Market is Estimated at $314.4 Million, While China is Forecast to Grow at 11.4% CAGR

The Precision Viticulture market in the U.S. is estimated at US$314.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$434.7 Million by the year 2027 trailing a CAGR of 11.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 6.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Variable Rate Technology (VRT) Segment to Record 6.9% CAGR

In the global Variable Rate Technology (VRT) segment, USA, Canada, Japan, China and Europe will drive the 6.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$182.4 Million in the year 2020 will reach a projected size of US$281.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$266.3 Million by the year 2027, while Latin America will expand at a 8.2% CAGR through the analysis period.

Select Competitors (Total 42 Featured):
  • Ateknea Solutions
  • Groupe ICV
  • John Deere
  • QuantisLabs ltd.
  • Teejet Technologies
  • TerraNIS
  • Topcon Corporation
  • Trimble, Inc.
Note: Product cover images may vary from those shown
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
  • 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
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
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