Plant Phenotyping Market Increase In The Prevalence Of Seed Borne Diseases And Climate Changes Are Some Key Driving Factor For The Market

According to Precision Business Insights (PBI) latest report the global plant phenotyping market size was valued at USD 164.8 million in 2022 and is poised to grow at a significant CAGR of 11.7% during the forecast period 2022-28. Rapid technological advancements in various fields of science such as agriculture, equipment, software and data analysis systems is key driving factor for the plant phenotype market.

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The Software Segment to Dominate the Plant Phenotyping Market:
The software segment accounts for 63.1% market share in the plant phenotyping market owing to the rapid development of the technology and integration of computational analysis and data science in this field. We have seen an explosion of cutting-edge technologies developed by interdisciplinary teams to help in the process of high-throughput plant phenotyping in plant breeding, originally just under controlled settings and, more recently, even under real-world situations. Non-destructive, image-analysis-based phenotyping, which enables for high-throughput evaluation of plant attributes, is advancing rapidly. ' During the last decade, the discipline of image-based phenotyping has broadened its focus, from the initial characterization of single-plant characteristics in controlled settings to real-world applications of robust field techniques in plant plots and canopies. The study of the full cascade of changes that occur after DNA is translated into RNA (transcriptomics), which leads to the creation of proteins, is known as high-throughput plant phenotyping (proteomics).

North America to Dominate the Plant Phenotyping Market Followed by Europe
Because of growing government assistance in the agriculture sector, North America is expected to lead the global plant phenotyping market over the projected period. According to the Congressional Research Service Report 2020, the United States Department of Agriculture (USDA) Research, Education, and Economics (REE) programme funded several agricultural research groups in the fiscal year 2020 with around US$3.4 billion.

Leading companies in Europe are focusing on market strategies such as mergers, collaborations, and partnership agreements, which are projected to boost the plant phenotyping market in Europe throughout the forecast period.

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The plant phenotyping market is segmented based on component, technology, application, end user, and geography.
Based On The Component:
• Hardware
• Software
• Services

Based On The Technology:
• Manual
• Semi-Automated
• Automated Difluoride

Based On the Application:
• Plant Research
• Breeding
• Product Development
• Quality Assurance
• Others |Image Analysis Pathology Biotechnology Modelling

Based On the End User:
• Laboratory
• Greenhouse
• Field

Key players' profiles in the plant phenotyping market report are Qubit Phenomics, PSI (Photon Systems Instruments) spol. s r.o., Phenospex BV, LemnaTec GmbH, Heinz Walz GmbH, Delta-T Devices, WIWAM, Hiphen, PhotosynQ Inc., and Aris B.V.

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This release was published on openPR.