Global Plant Phenotyping Market Overview:
According to the United Nations Food and Agriculture Organization (FOO), it is anticipated that there is a need to double the production of cereals before 2050 to meet rising demand for food and to curb growing competition for crops as sources of industrial, fiber, and bio-energy purposes. Plant Phenotyping is a quantitative elucidation of a plantís physiological, biochemical, ontogenetical, and anatomical properties. It assists in a complete assessment of complex plant traits. Phenotypic data assists in detecting Quantitative Trait Locus (QTL) and in understanding gene functions. Moreover, it also provides insights into how pathogens and pests influence phenotypes, how they respond to CO2 or light, and how plants cope with limitations of nutrients and water. Further, rising demand for increasing the production of food grains and other crops and factual experiments to increase their production is driving the Global plant phenotyping market. Some of the key players profiled in the study are LemnaTec (Germany), CropDesign - BASF SE (Germany), Heinz Walz (Germany), Photon Systems Instruments (Czech Republic), Qubit Systems (Canada), KeyGene (Netherlands), Delta-T Devices (UK), Phenospex (Netherlands), WPS (Netherlands), Rothamsted Research (UK), The Vienna Biocenter Core Facilities (Austria) and Phenomix (France).
On the basis of geography, the market of Plant Phenotyping has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Site, the sub-segment i.e. Laboratory will boost the Plant Phenotyping market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Analysis Systems, the sub-segment i.e. Image Analysis Systems will boost the Plant Phenotyping market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Conveyor-based/modular systems will boost the Plant Phenotyping market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Level of Automation , the sub-segment i.e. Fully automated will boost the Plant Phenotyping market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Needs to Grow High Yielding Crops to Meet Global Food Security Needs
- Improving Crop Varieties That Yield Higher Than Traditional Crops Resulting in Plant Phenotyping
- Increasing Prevalence of Seed-Borne Diseases
- Advancement in Imaging Sensor for High Throughput Data
- Rise in demand for quantitative analysis of plant traits Adapted Soil and Environmental conditions
- Lack of Technical, Conceptual Awareness & Skilled Professionals
- Limited Players Available for Products & Services for Plant Phenotyping Market
- Remote Sensing Tools Used for Plant Phenotyping Market
- Lower Adoption in Emerging Economies Due To Limited Funding
- Unpredictable Change in Climatic Conditions
Major Market Developments:
In May 2019, A LiDAR (Velodyne HDL64-S3) on a mobile robot was launched, making the robot a phenomobile used for maize plant which is a high throughput phenotyping technique. Software for data collection and analysis under the Robotic Operating System using open source components and algorithm libraries was developed
In August 2018, Springer link Journal discovered, Phenomics or automated phenotyping (AP) is an emerging approach was identified as a priority for future crop breeding research. This approach promises to provide accurate, precise, fast, large-scale, and accumulated phenotyping data which when integrated with corresponding genomic and environmental data is expected to trigger a great leap forward in plant breeding.
The global plant phenotyping market is moderately fragmented. The players are leveraging advanced technologies to offer high-quality products to meet the evolving needs of the end-user industries.
Plant Phenotyping Equipment and Conveyor System Manufacturers, Plant Phenotyping Service Providers, Technology Providers, Lab Analytical Instrument Manufacturers, Plant Phenotyping Research Associations and Industry Bodies, Public and Commercial Research Institutions/Agencies/Laboratories, Government Regulatory Authorities, Plant Breeders and Seed Companies, Biotechnology Companies and Crop Farmer Associations and Cooperative Societies
Major Objectives Focused through this Study
To define, describe, and forecast the Global Plant Phenotyping market on the basis of product [Equipment, Software [Data acquisition, Image analysis, System control, others] and Sensors [Image sensors, NDVI sensors, Temperature sensors, others]] , application [High-throughput Screening, Trait Identification, Photosynthetic Performance, Morphology and Growth Assessment and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Plant Phenotyping market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Plant Phenotyping industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Plant Phenotyping market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.