$250+ Mn Plant Phenotyping Market - Global Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 6, 2018--The “Plant Phenotyping Market by Product (Equipment (Site, Platform/Carrier, Application, Analysis System, Automation Level), Sensor (Image Sensors, NDVI Sensors, Temperature Sensors), and Software), Service, and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The plant phenotyping market is projected to reach USD 268.1 million by 2023, from USD 158.2 million in 2018, at a CAGR of 11.14%
The market is projected to grow at a steady rate due to significant advancements in the technologies for high-throughput screening, rising importance for sustainable crop production using improved crop varieties, and growing investments in plant phenotyping research in developed regions. The major factors hindering the growth of the plant phenotyping market are the lack of technical and conceptual awareness and lesser adoption in emerging economies due to lack of funds.
Services are a crucial part of the plant phenotyping industry as there is an increasing trend of commercial plant breeders and plant-based science research companies opting for plant phenotyping services. In addition, there have been collaborations between plant phenotyping companies for the integration of analysis equipment and parameters to recreate an ideal environment for plant phenotyping.
For carrying out the processes of plant phenotyping, whether as a plant phenotyping service provider or a professional plant breeder or plant science research company, it requires the procurement of the plant phenotyping equipment (which may/may not come as a complete package along with its own software/sensors) in the industry.
Therefore, the other add-on elements of plant phenotyping products such as software and sensors can be integrated as and when required into the equipment. Therefore, equipment holds a larger share among plant phenotyping products, which also includes software and sensors. The equipment segment is further studied on the basis of equipment site, platform/carrier, automation level, application, and analysis system.
The market for plant phenotyping in the Asia Pacific region is projected to grow at the highest CAGR from 2018 to 2023. Government and public initiatives of plant phenotyping networks in various countries, through symposiums and events, have helped to gain awareness among the plant research community in the Asia Pacific region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Plant Phenotyping Products Market
7 Plant Phenotyping Equipment Market
8 Plant Phenotyping Software Market
9 Plant Phenotyping Sensors Market
10 Plant Phenotyping Services Market
11 Plant Phenotyping Market, By Region
12 Competitive Landscape
13 Company ProfilesLemnaTec Delta-T Devices CropDesign - BASF SE Heinz Walz Qubit Systems (Qubit Phenomics) KeyGene PHENOSPEX WIWAM WPS Rothamsted Research The Vienna Biocenter Core Facilities (VBCF) Photon Systems Instruments Phenomix For more information about this report visit https://www.researchandmarkets.com/research/tgm787/250_mn_plant?w=4
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INDUSTRY KEYWORD: RESEARCH SCIENCE
SOURCE: Research and Markets
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PUB: 09/06/2018 10:43 AM/DISC: 09/06/2018 10:43 AM