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Plant Phenotyping Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

02-07-2023 06:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Plant Phenotyping Market is Anticipated to Increase at a Stable

The global plant phenotyping market is anticipated to grow at a considerable CAGR of 9.5% during the forecast period. Plant phenotyping is the science of the characterization of crops which has strong linkages with decision support in precision agriculture. According to Food and Agriculture Organization (FAO), the yield of key crops typically increases by about 1% per year, which is below the required rate of 1.5-2.2% improvement to meet increased global demand. Designing high-yielding varieties adapted to contrasting environmental conditions including those associated with climate change and new agricultural management systems is an urgent priority. The application of plant phenotyping in the field is under rapid development and visual technology is revolutionizing phenotyping. Visual technology is any technology that captures, analyzes, filters, displays, or distributes visual data. Visual data includes photos, videos, thermal images, X-rays, hyperspectral images, LiDAR, and so on. Advances in camera and sensor technology are now enabling faster and more reliable indoor phenotyping through a wide range of imaging sensors, including multi-angle, 2D, 3D, RGB, fluorescence, near-infrared (NIR), thermal infrared (TIR), and hyperspectral. These technologies are rapidly automating the phenotyping process, as they leverage computer vision, machine learning, or artificial intelligence thereby allowing breeders to get faster, more accurate phenotyping data to examine less-visible plant traits, such as leaf water content and photosynthetic efficiency. 

Phenotyping expanded the scope of technology in agriculture with an increasing number of use cases in plant breeding, plant stress reduction, weed protection, and pesticide management. For Instance, in June 2021, Limagrain Field Seeds and Alteia announced a three-year partnership to accelerate the global deployment of artificial intelligence-based (AI) digital phenotyping for plant breeding and research programs. The Alteia Platform will support Limagrain's worldwide breeding research projects, allowing it to speed up data collection and enable higher quality phenotyping. Limagrain will deploy these streamlined and automated analysis workflows, from season planning to trait analysis, on top of the Alteia platform. market coverage. In June 2022 Revol Greens, one of America's greenhouse lettuce growers, collaborated with IUNU as its technology partner to deliver a fully integrated approach of artificial intelligence, digital solutions, and automation at scale to meet rising consumer demand for greenhouse-grown leafy greens.

To Request a Sample of our Report on Plant Phenotyping Market:  https://www.omrglobal.com/request-sample/plant-phenotyping-market

Market Coverage

The market number available for - 2021-2029
Base year- 2021
Forecast period- 2023-2029

Segment Covered- 

By Product Type
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- BASF SE, Keygene, and LemnaTec GmbH, among others.

A full Report of Plant Phenotyping Market is Available @ https://www.omrglobal.com/industry-reports/plant-phenotyping-market

 Plant Phenotyping Market Report by Segment

By Product Type

Equipment 

Automation Type
Fully automated
Semi-automated
Manual

Analysis System Type

Image Analysis Systems
Multispectral Scientific Cameras
Canopy Analysis Systems
Fluorometers
Others

Software

Data Acquisition
Image Analysis
System Control
Others

Sensors

Image Sensors
NDVI Sensors
Temperature Sensors
Others

By Application

High-Throughput Screening
Trait Identification
Photosynthetic Performance
Morphology And Growth Assessment
Others

Plant Phenotyping Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/plant-phenotyping-market

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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