Plant Biotechnology Equipment Market by Plant Phenotyping Equipment (Hardware, Software, End-users and Applications), Plant Genotyping Equipment (End-users and Applications), Cell Culture Equipment (Equipment’s, End-users and Applications), Smart Farm Equipment (Hardware, Software, End-users and Applications), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

The global plant biotechnology equipment market size is anticipated to register a considerable CAGR during the forecast period, 2021-2028. The growth of the market is attributed to the increasing demand of transgenic crops for more yield.

Plant biotechnology (PBT) is a set of techniques used to adapt plants for specific opportunities or needs. Some of the common equipments used in PBT lab are autoclave, centrifuge, plant growth chamber, and some molecular equipments for modifications at genetic level. PBT equipments play important role in methods like DNA sequencing, NGS sequencing, SNP, and other methods which are used for production of transgenic crops with better yield, tolerated to biotic & abiotic stress, and resistant to pest. Advancement in these equipments are playing an important role in assessment of plant characteristics thereby assessing in production of better plant breeds.

The COVID-19 pandemic has brought considerable impact on the market. . During pandemic, travels ban imposed by government bodies across the globe resulted in disruption of supply chain of PBT equipments. However, these equipments are used in the manufacturing of immunity booster medicines from medicinal plants extracts. Additionally, plants extracts are used in vaccine trial, which is driving the demand of PBT equipments.

Market Trends, Drivers, Restraints, and Opportunities

• Rising use of biotech equipments for biofuel production is one of the key factor driving the market growth.
• Increasing demand of food for growing population across the globe is projected to drive the market expansion during the forecast period.
• Escalating cost of PBT equipment acts as a major challenge that can restrict the market growth in the coming years.
• Growing ethical concern associated with plant biotechnology can hamper the market growth during the projected timeline.
• Rising application area of plant biotechnology is projected to create significant growth opportunities for the market.

 Scope of the Report

The report on the global plant biotechnology equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Market Segment Insights

Use of imaging techniques drive the hardware segment

Based on plant phenotyping equipment, the global plant biotechnology equipment market is fragmented into hardware, software, end-users, and applications. The hardware segment is further segregated into imaging devices, sensor modules, automated system, portable devices, drones, and LED lighting. The imaging devices segment is sub-divided into fluorescence imaging, positron emission tomography, infrared imaging, hyperspectral imaging, structural tomography, and others. The sensor modules segment is fragmented into NDVI sensors, ultrasonic distance sensors, humidity sensors, RGB web cameras, temperature sensors, portable spectrometers, while the automated system segment is bifurcated into bench-bases and conveyor-based. The end-user segment is sub-categorized into field, greenhouse, and laboratory. The application segment is further fragmented into product development, plant research, breeding, and quality assessment. The hardware segment is expected to grow at a rapid pace during the forecast period attributed to use of imaging techniques in plant phenomics is helping scientists to develop a novel approach to discover features and functionality of living plants by obtaining insights.

Application segment is projected to expand at considerable CAGR

In terms of plant genotyping equipment, the market is bifurcated into end-users and applications. The end-user segment is sub-categorized into field, greenhouse, and laboratory. The application segment is further fragmented into product development, plant research, breeding, and quality assessment. The applications segment is projected to expand at a considerable CAGR during the forecast period owing to accessibility of genomic tools has transformed plant breeding by helping in learning the relationship between phenotype and genotype, particularly for complex traits.

Increased number of cell culture lab increases the equipment segment market share

On the basis of cell culture equipment, the global plant biotechnology equipment market is segregated into equipments, end-users, and applications. The equipments segment is further segmented into microscopes, centrifuges, cell counter, seed germinators, incubators, sterilizer, and others. The end-user segment is sub-categorized into field, greenhouse, and laboratory. The application segment is further fragmented into product development, plant research, breeding, and quality assessment. The equipment segment is estimated to account for a significant market share during the forecast period due to increased number of cell culture lab and plant cell culture is an alternative of collection and cultivation of plants.

Increasing trend of smart and connected farms drive the hardware segment

Based on smart farm equipment, the market is divided into hardware, software, end-users, and application. The hardware segment is further classified as sensing devices, automation & control system, and antennas/ access points. The sensing devices is further fragmented into water sensor, soil sensor, moisture sensor, climate sensor, temperature sensor, nutrient sensor, and others. The automation & Control system segment is sub-categorized as variable rate technology, Bluetooth technology, remote sensing, guidance system, mobile devices, drones, wireless modules, application control devices, and driverless tractors. The variable rate technology system is further bifurcated into sensor-based and map-based, while Bluetooth technology is subdivided into ZigBee, RF technology, and Wi-Fi technology. The remote sensing system is sub-classified as satellite sensing and hand held, while the guidance system segment is bifurcated into GIS and GPS. The software segment is further bifurcated into cloud-based and web-based. The end-user segment is sub-categorized into field, greenhouse, and laboratory. The application segment is further segmented into product development, plant research, breeding, and quality assessment. The hardware segment is estimated to account for a major market share during the forecast period due to the increasing trend of smart and connected farms by use of sensing devices, automation, and control devices for increasing yield.

North America is anticipated to constitute a key market share

In terms of region, the global plant biotechnology equipment market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to constitute a key share of the market during the projected period owing to growing number of initiatives being undertaken by private and government players for the expansion of innovative plant phenotyping research. However, the Asia Pacific market is anticipated to grow at a rapid pace during the forecast period due to the large proration of the region is dependent on agriculture for live hood and the region is home for various agricultural research center.

Segments

The global plant biotechnology equipment market has been segmented on the basis of

Plant Phenotyping Equipment

• Hardware
  • Imaging Devices
    • Fluorescence Imaging
    • Positron Emission Tomography
    • Infrared Imaging
    • Hyperspectral Imaging
    • Structural Tomography
    • Others
  • Sensors Modules
    • NDVI Sensors
    • Ultrasonic Distance Sensors
    • Humidity Sensors
    • RGB Web Cameras
    • Temperature Sensors
    • Portable Spectrometers
  • Automated System
    • Bench-based
    • Conveyor-based
  • Portable Devices
  • Drones
  • LED Lighting
• Software
• End-users
  • Field
  • Greenhouse
  • Laboratory
• Applications
  • Product Development
  • Plant Research
  • Breeding
  • Quality Assessment

Plant Genotyping Equipment

• End-users
  • Field
  • Greenhouse
  • Laboratory
• Applications
  • Product Development
  • Plant Research
  • Breeding
  • Quality Assessment

Cell Culture Equipment

• Equipment
  • Microscopes
  • Centrifuges
  • Cell Counter
  • Seed Germinators
  • Incubators
  • Sterilizer
  • Others
• End-users
  • Field
  • Greenhouse
  • Laboratory
• Applications
  • Product Development
  • Plant Research
  • Breeding
  • Quality Assessment

Smart Farm Equipment

• Hardware
  • Sensing Devices
    • Water Sensor
    • Soil Sensor
    • Moisture Sensor
    • Climate Sensor
    • Temperature Sensor
    • Nutrient Sensor
    • Others
  • Automation & Control Systems
    • Variable Rate Technology
      • Sensor-based
      • Map-based
    • Bluetooth Technology
      • Zigbee
      • RF Technology
      • Wi-Fi Technology
    • Remote Sensing
      • Satellite Sensing
      • Hand Held
    • Guidance System
      • GIS
      • GPS
    • Mobile Devices
    • Drones
    • Wireless Modules
    • Application Control Devices
    • Driverless Tractors
  • Antennas/Access Points
• Software
  • Cloud-based
  • Web-based
• End-users
  • Field
  • Greenhouse
  • Laboratory
• Applications
  • Product Development
  • Plant Research
  • Breeding
  • Quality Assessment

Regions

• Asia Pacific
• North America
• Latin America
• Europe
• Middle East & Africa

Key Players

• Heinz Walz GmbH
• Photon Systems Instruments, spol. s.r.o
• Thermo Fisher Scientific
• LabRepCo
• LGC Limited
• Keygene N.V.
• LemnaTec GmbH
• Qubit Systems
• Tecan Group Ltd.
• Geneq, Inc.
• Evogene Ltd.
• Illumina, Inc.

Competitive Landscape

Key players competing in the global plant biotechnology equipment market are Heinz Walz GmbH; Photon Systems Instruments, spol. s.r.o ; Thermo Fisher Scientific; LabRepCo; LGC Limited; Keygene N.V.; LemnaTec GmbH; Qubit Systems; Tecan Group Ltd.; Geneq, Inc.; Evogene Ltd.; and Illumina, Inc.

Companies are focusing on product development and innovation in plant biotechnology equipments. Furthermore, companies are widely engaging in strategic partnership, merger & acquisition, new product launch, and collaborations to boost their market share and acquiring new buyers.

For instance, in January 2016, FarmHannong was acquired by LG Chem, a South Korea based chemical company. The acquisition is aimed to help LG Chem in evolving it into an advanced global chemical processor, diversifying its business portfolio, and boosting its global competitiveness.