Press release
Smart Vineyard Management Market Survey Detailed Analysis and Forecast 2025-2034
The global smart vineyard management market is estimated to reach over USD 4.0 Bn by 2034, exhibiting a CAGR of 10.1% during the forecast period.
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Various viticulture processes, including soil preparation, planting, irrigation, harvesting, and wine manufacturing, greatly influence the quality of the wine. Choosing and practicing efficient ways to get the greatest results is essential. Vineyard management facilitates knowledge of the viticulture industry, improves vineyard operations, increases output, and reduces waste and dangers. Shortly, the market for smart vineyard management is expected to expand significantly.
Moreover, this is the case due to a need for more experienced staff and the growing use of digital vineyard management technologies in industrialized nations. More frequently, utilizing technology-based goods and services can help meet consumer demand for premium grapes and related items while preserving resources. Smart Vineyard Management lowers crop failure risk, lowers wastage, and boosts product profitability.
List of Prominent Players in the Smart Vineyard Management Market:
• PrecisionHawk, Inc
• SureHarvest Services, LLC
• TracMap Limited
• YANMAR HOLDINGS CO., LTD.
• Trimble Inc.
• AGRIVI Ltd.
• AHA Viticulture
• VineView
• TeeJet Technologies
• Elmibit d.o.o.
Market Dynamics:
Drivers-
The projected period is expected to witness significant growth in the smart vineyard management market, primarily due to the rising adoption of digital vineyard management solutions in developed countries and a scarcity of skilled labor. The increasing demand and utilization of SaaS-based vineyard management software emerge as key drivers for the growth of the vineyard management software market. Major industry players are allocating greater investments in research and development capabilities to drive innovations in food technology, creating lucrative growth opportunities for the vineyard management software market.
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Challenges:
A significant limitation to market expansion is the cost of installing vineyard management software. The costs of software upkeep further hamper the possibility of expansion. Additionally, developing economies' weak technology infrastructure slows the market's expansion rate. Smart vineyard management systems can monitor and reduce these hazards, but they are still subject to the constraints imposed by erratic environmental factors.
Regional Trends:
The North America smart vineyard management market is expected to register a major market share. Due to the rising use of vineyard management software by small and medium-sized businesses, the area will continue to experience a rise in the market growth rate for vineyard management software throughout the projected period. Significant improvements in digital technologies and agricultural innovation have been made in the area.
This includes the creation of IoT (Internet of Things) gadgets that can be incorporated into sophisticated vineyard management systems, such as sensors, drones, satellite imaging, and other gadgets. Besides, Europe had a substantial share of the market. The demand for premium wines is rising due to the region's expanding middle class and shifting customer preferences.
Recent Developments:
• In January 2022-YANMAR HOLDINGS CO., Ltd. introduced the YV01 autonomous spraying robot for use in vineyards. This revolutionary robotic technology enables incredibly accurate spraying on vines because it is adaptable, lightweight, and environmentally friendly.
• In January 2020-Vineview announced the availability of its new Terra Insight tool for Pro subscribers. This function provides a quick way to identify geographically related trends and patterns in vine-by-vine growth.
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Segmentation of Smart Vineyard Management Market-
By Product:
• Hardware
o Robots & Drones
o Sensors
o Others
• Software
o On-Cloud Software
o On Premises Software
• Services
o Professional
o Managed
By Technology:
• Guidance
• Sensing
• Variable Rate Technology
• Others
By Application:
• Yield Monitoring
• Crop Scouting
• Harvesting
• Irrigation Management
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.
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