Precision viticulture is precision farming applied to optimize vineyard performance, in particular maximizing grape yield and quality while minimizing environmental impacts and risk. This is accomplished by measuring local variation in factors that influence grape yield and quality (soil, topography, microclimate, vine health, etc.) and applying appropriate viticulture management practices (trellis design, pruning, fertilizer application, irrigation, timing of harvest, etc.).
Market Analysis and Insights: Global Precision Viticulture Market
Due to the COVID-19 pandemic, the global Precision Viticulture market size is estimated to be worth US$ 1055.6 million in 2022 and is forecast to a readjusted size of US$ 1414.6 million by 2028 with a CAGR of 5.0% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Guidance System accounting for % of the Precision Viticulture global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Yield Monitoring segment is altered to an % CAGR throughout this forecast period.
Asia Pacific accounted for the largest share in the global precision viticulture market, in terms of value, in 2017, owing to the increasing awareness about precision viticulture practices. The wide acceptance and availability of guidance systems, especially in countries such as Australia & New Zealand, China, and India along with its growth potential is the major driver contributing to the penetration of the market in the Asia Pacific precision viticulture industry.
Global Precision Viticulture Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Precision Viticulture Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Guidance System
Remote Sensing
Variable-Rate Technology
Segment by Application
Yield Monitoring
Crop Scouting
Field Mapping
Irrigation Management
Weather Tracking & Forecasting
Inventory Management
Farm Labor Management
Financial Management
Others
By Company
John Deere
Trimble
Topcon
Deveron Uas
Teejet Technologies
Groupe ICV
Tracmap
Quantislabs
Terranis
Ateknea Solutions
Aha Viticulture
AG Leader Technology
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina