Precision Viticulture Market by Components (Hardware [Drones, Application Control Device, Guidance System {GPS and GIS}, Remote Sensing, Variable Rate Technology {Map-based and Sensor-based}, Driverless Tractors, Mobile Devices, and Others], Software [Cloud-based and Web-based], Services [System Integration & Consulting, Managed Services {Farm Operation Services, Data Services, and Analytic Services}, and Assisted Professional Services {Supply Chain Management Services and Climate Information Services}), Applications (Yield Monitoring [On-Farm and Off-farm], Crop Scouting, Irrigation Management, Weather Tracking & Forecasting, Field Mapping, Inventory Management, and Farm Labor Services), 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 precision viticulture market size is projected to expand at a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the precision viticulture which aids in rising the output of the vineyard by offering better control and monitoring of the region under cultivation.
Precision viticulture includes several state-of-the-art systems and devices counting application control devices, drones, guidance systems, and driverless tractors, among others. Farmers are increasingly implementing these devices and systems into their vineyard production procedures for rising the quality and productivity of grapes. Devices such as drones and other devices are offering easy handling of vineyard related to crop health. Through analyzing the data collected, landlord are able to take precautions and preventive steps for ideal growth of the production. Several types of sensors for instance sensors, temperature, humidity sensors, and soil sensors help to gather information that is crucial to the quality of the grapes.
This technique depends on recent technology development including geographic information system, global positioning system, meteorological, and other environmental sensors. Precision viticulture helps maintain the fertilizer application, soil’s fertility, weeds, diseases, harvesting, and water level for grape cultivation. It also reduces the environmental track of production while minimizing the linked risks for processers and growers. Hence, precision viticulture observes extensive exercise in weather tracking and forecasting, yield monitoring, and easy managing of the vineyard and inventory.
Market Trends, Drivers, Restraints, and Opportunities
- Global precision viticulture market is primarily influenced by increasing awareness about precision viticulture practices. This is projected to propel the market growth during the forecast period.
- Several government initiatives regarding the acceptance of the recent practices in agriculture or fruit farming are major factors expected to boost the market growth.
- Technology advancements such as launch of state-of-the-art devices and systems such as driverless tractors and drones are offering a positive outlook for the market. This is expected to fuel the market expansion.
- Utilization of innovative precision viticulture technology such as VitiCanopy, supports in maintaining the health and growth of the vineyard. This is creating enormous growth opportunities of the market across the world.
- Reduced in production better-quality and cost produce are some of the benefits offered by the rigorousness viticulture technologies.
Scope of the Report
The report on the global precision viticulture market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Precision Viticulture Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Components (Hardware [Drones, Application Control Device, Guidance System {GPS and GIS}, Remote Sensing, Variable Rate Technology {Map-based and Sensor-based}, Driverless Tractors, Mobile Devices, and Others]), Software (Cloud-based and Web-based), Services (System Integration & Consulting, Managed Services [Farm Operation Services, Data Services, and Analytic Services], Assisted Professional Services [Supply Chain Management Services and Climate Information Services], and Applications (Yield Monitoring [On-farm and Off-farm], Crop Scouting, Irrigation Management, Weather Tracking & Forecasting, Field Mapping, Inventory Management, and Farm Labor Services) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Trimble; Deere & Company; Deveron Uas; Topcon; Atlas Vineyard Management, Inc.; Groupe ICV; TracMap; Teejet Technologies; Aha Viticulture; and Ateknea Solutions. |
Market Segment Insights
Hardware segment is projected to account for a key market share
Based on components, the global precision viticulture market is segmented into hardware, software, and services. The hardware segment is further divided into drones, application control device, guidance system, remote sensing, variable rate technology, driverless tractors, mobile devices, and others. The guidance system is sub-segmented into GPS and GIS; while the variable rate technology segment is further segmented into map-based and sensor-based. Furthermore, the software segment is sub-classified into cloud-based and web-based. The services segment is categorized into system integration & consulting, managed services, and assisted professional services. The managed services segment is then segmented into farm operation services, data services, and analytic services. The assisted professional services segment is divided into supply chain management services and climate information services.
The hardware segment is projected to account for a key share of the market during the forecast period due to increasing use of GIS for visualizing and analyzing the field and thereby determine the appropriate location for the vineyard. However, the software segment is anticipated to expand at a rapid pace during the forecast period as these solutions help vineyard owners in eliminating the costs involved in maintaining the IT infrastructure.
Yield monitoring segment is estimated to expand at a robust growth rate
In terms of applications, the market is differentiated into yield monitoring, crop scouting, irrigation management, weather tracking & forecasting, field mapping, inventory management, and farm labor services. The yield monitoring is further segmented into on-farm and off-farm. The yield monitoring segment is estimated to expand at a robust growth rate during the forecast period owing to owing to various benefits offered in terms of identifying the effects of both external and internal forces. Meanwhile, the weather tracking & forecasting segment is expected to exhibit a high growth rate during the projected period due to the imminent need for crop safety and to ensure crop quality.
North America is anticipated to constitute a key market share
In terms of regions, the global precision viticulture 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 forecast period due to growing demand for advanced precision viticulture techniques. The market of Asia Pacific, however, is expected to account for a major share of the market in the coming years as vineyard owners in the region are increasingly shifting toward advanced mechanized practices.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Precision Viticulture Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Precision Viticulture Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Precision Viticulture Market - Supply Chain
4.5. Global Precision Viticulture Market Forecast
4.5.1. Precision Viticulture Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Precision Viticulture Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Precision Viticulture Market Absolute $ Opportunity
5. Global Precision Viticulture Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Precision Viticulture Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Precision Viticulture Demand Share Forecast, 2019-2026
6. North America Precision Viticulture Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Precision Viticulture Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Precision Viticulture Demand Share Forecast, 2019-2026
7. Latin America Precision Viticulture Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Precision Viticulture Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Precision Viticulture Demand Share Forecast, 2019-2026
8. Europe Precision Viticulture Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Precision Viticulture Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Precision Viticulture Demand Share Forecast, 2019-2026
9. Asia Pacific Precision Viticulture Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Precision Viticulture Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Precision Viticulture Demand Share Forecast, 2019-2026
10. Middle East & Africa Precision Viticulture Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Precision Viticulture Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Precision Viticulture Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Precision Viticulture Market: Market Share Analysis
11.2. Precision Viticulture Distributors and Customers
11.3. Precision Viticulture Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Trimble
11.4.2. Deere & Company
11.4.3. Deveron Uas
11.4.4. Topcon
11.4.5. Atlas Vineyard Management, Inc.
11.4.6. Groupe ICV
11.4.7. TracMap