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Introduction to Europe Smart Vineyard and Orchard Equipment Market
The Europe smart vineyard and orchard equipment market (excluding U.K.) was valued at $1.31 billion in 2023, and it is expected to grow with a CAGR of 9.87% during the forecast period 2023-2028 to reach $2.10 billion by 2028. The increasing demand for efficient and sustainable agricultural techniques is likely to fuel growth in the global smart vineyard and orchard equipment market.Market Introduction
Smart vineyard and orchard equipment refers to the application of sophisticated technology in vineyards and orchards to facilitate data collecting, enhance decision-making processes, and enable automation. These advanced equipment are critical in increasing wine production productivity and efficiency. In tandem with advances in agricultural technologies and methods, the vineyard and orchard market is undergoing a paradigm change toward the use of precision agriculture methodologies.Market Segmentation:
Segmentation 1: by Application
- Crop Monitoring
- Harvesting
- Weeding and Spraying
- Irrigation and Fertigation Management
- Others
Segmentation 2: by Product
- Drones
- Robots
- Tractors
- Stationary Devices
- Tractor Mounted Equipment
Segmentation 3: by Country
- Germany
- France
- Italy
- Spain
- Netherlands
- Belgium
- Switzerland
- Rest-of-Europe
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different technologies used for smart vineyard and orchard equipment and their potential in Europe region. Moreover, the study gives the reader a detailed understanding of the different solutions provided by the smart vineyard and orchard equipment providers, such as imaging, processing, and analyzing. Compared to conventional agricultural methods, smart vineyard and orchard equipment enables more exact targeting of planting, soil mapping, and forestry, allowing farmers to save money by maximizing the use of their inputs.Growth/Marketing Strategy: The Europe smart vineyard and orchard equipment market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been partnership, collaboration, and joint venture activities to strengthen their position in the global smart vineyard and orchard equipment market.
Competitive Strategy: Key players in the Europe smart vineyard and orchard equipment market analyzed and profiled in the study involve smart vineyard and orchard equipment-based product manufacturers, including market segments covered by distinct product kinds, applications served, and regional presence, as well as the influence of important market tactics. Moreover, a detailed competitive benchmarking of the players operating in the smart vineyard and orchard equipment market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
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Table of Contents
Scope of the Study
Executive Summary
2 Region
3 Markets - Competitive Benchmarking & Company Profiles
4 Research Methodology
List of Figures
List of Tables
Companies Mentioned
- Naïo Technologies
- Agrobot
- Aigro BV
- Saga Robotics AS
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 85 |
Published | January 2024 |
Forecast Period | 2023 - 2028 |
Estimated Market Value ( USD | $ 1.31 Billion |
Forecasted Market Value ( USD | $ 2.1 Billion |
Compound Annual Growth Rate | 9.8% |
Regions Covered | Europe |
No. of Companies Mentioned | 4 |