Precision Viticulture Market: Segmented By Technology (Guidance, VRT, and Remote Sensing); By Offering (Hardware, Software and Services) and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030
Global Precision Viticulture Market to surpass USD 3.1 billion by 2030 from USD 1.01 billion in 2020 at a CAGR of 8.21 % in the coming years, i.e., 2021-30. Product Overview Precision viticultu... もっと見る
SummaryGlobal Precision Viticulture Market to surpass USD 3.1 billion by 2030 from USD 1.01 billion in 2020 at a CAGR of 8.21 % in the coming years, i.e., 2021-30.Product Overview Precision viticulture helps to increase the production of the wine-growing region by providing increased monitoring and control. Precision wine-growing includes the use of many state-of-the-art equipment and systems including drones, controls for applications, guides, and driverless tractors. These systems and devices are being integrated increasingly into their viticulture practices to improve grape productivity and yield quality. Devices such as sensors and drones provide insights into plant health by owners based on the data they collect, which allows them to take preventive measures for optimal growth. Market Highlights Global Precision Viticulture market is expected to project a notable CAGR of 8.21 % in 2030. Progress in technology, and increased understanding of the benefits provided by farmers, drive the worldwide adoption of viticulture technologies. Effective field monitoring allows farmers to take appropriate measures to reduce waste or crop failure. The grape quality is important to the winemakers and hence they tend to use advanced technology for the thorough monitoring of grapes grown/produced. Global Precision Viticulture Market: Segments Guidance segment to grow with the highest CAGR during 2020-30 Global Precision Viticulture market is segmented by Technology into Guidance, VRT, Remote Sensing. Due to the early introduction of this technology, guidance was given the biggest portion on the market. GPS-based management technology enables manufacturers to lessen overlapping equipment and tractor passes, reducing energy, work, time, and soil compaction. A GPS/GNSS, DGPS receiver, antenna, control, guide & steering, handheld devices, and display, together with the associated wire harness are the major components required for a guidance technology or system. Other additional items are a logger, a sound device, or a display. GPS/GNSS-based guidance technology and GIS-based guidance technology has been classified into this. Hardware segment to grow with the highest CAGR during 2020-30 Global Precision Viticulture is divided by offering into Hardware Software and Services. Due to the high use of automation and control instruments—drones/UAVs, GPS/GNSS, drainage controllers, guidance and traction control, yield monitoring, and sensor control, the hardware was the fastest-growing share in 2020. The increasing use of new technologies and advanced equipment for precision viticulture is anticipated to lead to the development in the hardware precision viticulture market. The precise viticulture market for services is anticipated to boost at the highest CAGR during the forecast period. Increasing demand for managed services contributes positively to the success of the market in precision viticulture services. Market Dynamics Drivers Penetration of technologies such as VRT and guidance. Progress in technology, and increased understanding of the benefits provided by farmers, drive the worldwide adoption of viticulture technologies. Effective field monitoring allows farmers to take appropriate measures to reduce waste or crop failure. The grape quality is important to the winemakers and hence they tend to use advanced technology for the thorough monitoring of grapes grown/produced. In addition, the use of advanced technology in vineyards helps in optimizing the use of variable rate fertilizers (VRT). VRT allows farmers to fertilize, monitor, irrigate, and seed farming on the basis of soil or plant requirements. VRT allows agricultural producers. Reducing production costs and improved product quality are some of the advantages of precision viticulture technology. Increase in overall productivity The exhaustion of natural resources and environmental deterioration are some of the factors that limit cultivation. Growing environmental concerns encourage farmers to focus on sustainable Viticulture practices, like natural resource conservation. This has led to the need to improve the nutrition and protection of crops and to enhance the precision Viticulture market. Multiple growth opportunities have been developed through technological innovations such as vertical farms with intelligent designs to maximize yields and cut waste. Restraint Lack of technological know-how Precision viticulture is a smart technique requiring technical knowledge. Limited knowledge about and the use of advanced technologies creates an imbalance between comprehension and implementation of the concepts in the field of precise viticulture. While several governments and market players around the world take initiatives to provide training and advising farmers on the use of precision viticulture many people are not involved. Similarly, limited technical know-how is hindering the growth of the precision Viticulture industry in developing countries like China, India, and Brazil. Global Precision Viticulture Market: Key Players John Deere (US) Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis Trimble (US) Topcon (Japan) Deveron UAS (Canada) TeeJet Technologies (US) Groupe ICV (France) TracMap (New Zealand) QuantisLabs (Hungary) Terranis (France) Ateknea Solutions (Spain) AHA Viticulture (Australia) AG Leader Technology (US). Other Prominent Players Global Precision Viticulture Market: Regions Global Precision Viticulture market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global Precision Viticulture in Europe held the largest market share of XX. X% in the year 2020. There are vast fields of viticulture in the area that contribute to the world's highest income. The principal contributors to regional development are countries such as Spain, France, and Italy. They have an extensive history in the development of working wineries, vast vineyards and are among the pioneers in the production of wine grapes. Europe, followed by the Asia pacific also record the highest growth. The main nations contributing to the growth are countries like Australia, China, and India. The benefits of implementing advanced technology in farms are monetized by the increasingly advanced mechanized practices of viticulture owners across the area. Moreover, China is one of the top five countries in the world with complete viticulture. Global Precision Viticulture Market is further segmented by region into: North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA Global Precision Viticulture Market report also contains analysis on: Precision Viticulture Market Segments: By Technology Guidance VRT Remote Sensing By Offerings Hardware Software Services Precision Viticulture Market Dynamics Precision Viticulture Market Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies Involved in the Market Value Chain of the Market Market Drivers and Restraints Precision Viticulture Market Report Scope and Segmentation Frequently Asked Questions How big is the Precision Viticulture market? What is the Precision Viticulture market growth? Which segment accounted for the largest Precision Viticulture market share? Who are the key players in the Precision Viticulture market? What are the factors driving the Precision Viticulture market? Table of ContentsContents1. Executive Summary 2. Global Precision Viticulture Market 2.1. Product Overview 2.2. Market Definition 2.3. Segmentation 2.4. Assumptions and Acronyms 3. Research Methodology 3.1. Research Objectives 3.2. Primary Research 3.3. Secondary Research 3.4. Forecast Model 3.5. Market Size Estimation 4. Average Pricing Analysis 5. Macro-Economic Indicators 6. Market Dynamics 6.1. Growth Drivers 6.2. Restraints 6.3. Opportunity 6.4. Trends 7. Correlation & Regression Analysis 7.1. Correlation Matrix 7.2. Regression Matrix 8. Recent Development, Policies & Regulatory Landscape 9. Risk Analysis 9.1. Demand Risk Analysis 9.2. Supply Risk Analysis 10. Global Precision Viticulture Market Analysis 10.1. Porters Five Forces 10.1.1. Threat of New Entrants 10.1.2. Bargaining Power of Suppliers 10.1.3. Threat of Substitutes 10.1.4. Rivalry 10.2. PEST Analysis 10.2.1. Political 10.2.2. Economic 10.2.3. Social 10.2.4. Technological 11. Global Precision Viticulture Market 11.1. Market Size & forecast, 2020A-2030F 11.1.1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 11.1.2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12. Global Precision Viticulture Market: Market Segmentation 12.1. By Regions 12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2. By Offering: Market Share (2020-2030F) 12.2.1. Hardware, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.2. Software, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.3. Services, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3. By Technology: Market Share (2020-2030F) 12.3.1. Guidance, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.2. VRT, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.3. Remote Sensing, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 13. Company Profile 13.1. John Deere 13.1.1. Company Overview 13.1.2. Company Total Revenue (Financials) 13.1.3. Market Potential 13.1.4. Global Presence 13.1.5. Key Performance Indicators 13.1.6. SWOT Analysis 13.1.7. Product Launch 13.2. Trimble (US) 13.3. Topcon (Japan) 13.4. Deveron UAS (Canada) 13.5. TeeJet Technologies (US) 13.6. Groupe ICV (France) 13.7. TracMap (New Zealand) 13.8. QuantisLabs (Hungary) 13.9. Terranis (France) 13.10. Ateknea Solutions (Spain) 13.11. AHA Viticulture (Australia) 13.12. AG Leader Technology (US). 13.13. Other Prominent Players Consultant Recommendation **The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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