Plant Phenotyping Equipment Market

The global plant phenotyping equipment market size was valued at USD 124.85 million in 2020 and is expected to expand at a CAGR of 10.61% during the forecast period, 2021–2028. The growth of the market is attributed to fulfil rising food demand and to keep up with increasing competition for crops used for industrial, fiber, and bio-energy reasons.

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Plant phenotyping is a quantitative description of the ontogenetical, anatomical, physiological, and biochemical features of a plant. Researchers constantly develop different ways to grow plants with high nutritional content as well as resistance to illnesses and environmental stress. Moreover, new technologies are rapidly adopted to improve cereal grain output and quality while also meeting numerous environmental problems. The worldwide need for agricultural equipment is steadily expanding as the global population is growing rapidly and rising need for agricultural products. To address global food security concerns, there is a growing demand for high-yielding crops. In addition to this, a high frequency of extreme weather events and global warming, according to research done by the Intergovernmental Panel on Climate Change (IPCC) in 2016, would have a negative impact on cattle, agriculture, forestry, and aquaculture productivity in the years to come.

The COVID-19 pandemic negatively impacted many industries, economies, and human-being life cycle. Moreover, the pandemic had disturbed with a global supply chain for raw materials for the plant phenotyping equipment market and other agrosystems elements.

Market Trends, Drivers, Restraints, and Opportunities

• Increasing demand for quantitative plant trait analysis in order to speed up the selection of crops that are better suited to the soil and environmental conditions are key drivers of the market.
• Rising adoption of plant phenotyping in plant science, forestry, and horticulture is projected to drive the market expansion
• Increasing temperature and irregular precipitation due to global warming act as major challenges that can hinder market expansion.
• High costly of device installation and lack of experts who can efficiently handle the equipment are major restraining factors. This can hamper the market growth in the coming years.
• Wide integration of innovative technology for crop improvement and advancement in research methods for plant science are anticipated to provide lucrative opportunities for market growth.

Scope of the Report

The report on the global plant phenotyping 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

Quality assessment segment to expand at a considerable CAGR

On the basis of applications, the plant phenotyping equipment market is segmented into product development, quality assessment, plant research, and breeding. The quality assessment segment is projected to expand at a considerable CAGR during the forecast period as plant phenotyping aids in the comprehensive evaluation of complicated plant characteristics. On the other hand, the product development segment is anticipated to account for a major market share during the forecast period as it reveals how viruses and pests affect phenotypic, how they respond to CO2 or light, and how plants adapt with nutrition and water scarcity.

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Imaging devices segment to hold a significant share of the market

In terms of types, the market is bifurcated into hardware and software. The hardware segment is further categorized as imaging devices, sensor modules, automated systems, portable devices, led lightings, and drones. The imaging devices segment is sub-classified as structural tomography, positron emission tomography, hyperspectral imaging, infrared imaging, fluorescence imaging, and others. The sensor segment includes RGB web cameras, portable spectrometers, temperature sensors, humidity sensors, ultrasonic distance sensors, and NDVI sensors. The automated systems segment is further bifurcated into conveyor-based and bench-based. The imaging devices segment is expected to hold a significant share of the market. Scientists have developed a novel way for detecting functionality and characteristics of living plants utilizing information from root physiology, estimating growth rates, calculating photosynthetic rates, and scanning temperature profiles.

Greenhouse segment to grow at a significant rate

Based on end-users, the plant phenotyping equipment market is segregated into field, greenhouse, and laboratory. The greenhouse segment is expected to grow at a significant rate during the projected period owing to the rise in demand for high-throughput phenotyping tools for use in greenhouses. Numerous platforms are specifically developed for large-scale phenotyping of a restricted number of species such as main cereal crops and Arabidopsis, using tiny rosette plants.

North America to constitute a key market share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period owing to increased government and business sector initiatives for sophisticated technology. However, the market of Europe is anticipated to expand at a rapid pace during the forecast period to build a phenotyping infrastructure in the region through the European Plant Phenotyping Project (EPPN).

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Segments

Segments Covered in the Report

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

Applications

• Product Development
• Quality Assessment
• Plant Research
• Breeding

Types

• Hardware
  • Imaging Devices
    • Structural Tomography
    • Positron Emission Tomography
    • Hyperspectral Imaging
    • Infrared Imaging
    • Fluorescence Imaging
    • Others
  • Sensor Modules
    • RGB Web Cameras
    • Portable Spectrometers
    • Temperature Sensors
    • Humidity Sensors
    • Ultrasonic Distance Sensors
    • NDVI Sensors
  • Automated Systems
    • Conveyor-based
    • Bench-based
  • Portable Devices
  • LED Lightings
  • Drones
• Software

End-Users

• Field
• Greenhouse
• Laboratory

Regions

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

Key Players

• Heinz Walz GmbH
• Qubit Systems Inc.
• Keygene
• LemnaTec GmbH
• Phenomix
• Phenospex
• Photon Systems Instruments, spol. s r.o.
• SMO bvba.
• Saga Robotics
• WPS
• BASF SE
• Conviron
• EarthSense, Inc.

Competitive Landscape

Key players competing in the global plant phenotyping equipment market are Heinz Walz GmbH; Qubit Systems Inc.; Keygene; LemnaTec GmbH; Phenomix; Phenospex; Photon Systems Instruments, spol. s r.o.; SMO bvba.; Saga Robotics; WPS; BASF SE; Conviron, and EarthSense, Inc. The leading players have adopted several partnerships as a key strategy to build a strong market development strategies. For example, in October 2016, SMO bvba, a machine maker, partnered with the Flanders Institute for Biotechnology (VIB) to create Weighing, Imaging, and Watering Machines (WIWAM), an automated plant phenotyping system.