Plant phenotyping market is anticipated to grow at a significant CAGR of 9.5% during the forecast period. The rising demand for food security is a primary factor driving the deployment of innovative technologies to accelerate crop production. Plant phenotyping methods have been emerging significantly over the years. Hyperspectral imaging has been applied to detect abiotic, biotic, and quality traits in plants in indoor and outdoor growing conditions. Hyperspectral imaging can be applied from cellular to landscape scale for the identification of plant traits. Phenotyping is the foundation of the plant breeding selection process which is a labour-intensive and slow process, and measurements can be highly subjective. Modern plant phenotyping measures complex traits related to growth, yield, and adaptation to stress, with improved accuracy and precision which plays an important role in decision-making for the selection of crops or plants for a specific region.
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The growing investments by market players for the expansion of their facilities are expected to drive the growth of the global plant phenotyping market during the forecast period. An increasing number of R&D activities for improving the effectiveness of plant phenotyping and the launch of new equipment with enhanced capacity are expected to strengthen the growth prospect of the global plant phenotyping market. For instance, in December 2019, Multi-sensor drone technology for plant phenotyping receives $4.5 million from the Advanced Research Projects Agency-Energy (ARPA-E), a division of the US Department of Energy. The technology was originally developed under the Transportation Energy Resources from Renewable Agriculture (TERRA) program, through a $6.6 million ARPA-E grant awarded in 2015.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Plant Phenotyping Market By Product Type
- Equipment
- Automation Type
- Fully automated
- Semi-automated
- Manual
- Analysis System Type
- Image Analysis Systems
- Multispectral Scientific Cameras
- Canopy Analysis Systems
- Fluorometers
- Others
- Software
- Data Acquisition
- Image Analysis
- System Control
- Others
- Sensors
- Image Sensors
- NDVI Sensors
- Temperature Sensors
- Others
Global Plant Phenotyping Market By Application
- High-Throughput Screening
- Trait Identification
- Photosynthetic Performance
- Morphology and Growth Assesment
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Delta-T Devices Ltd.
- Heinz Walz Gmbh
- Keygene
- LemnaTec Gmbh
- Phenospex B. V.
- Plant-DiTech LTD
- PSI (Photon Systems Instruments) spol. s r.o.
- Qubit Systems
- Qubit Systems Inc.
- WPS B.V.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global plant phenotyping market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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