According to a market report by Lucintel, the future of the precision viticulture market looks promising with opportunities in the yield monitoring, field mapping, crop scouting, weather tracking & forecasting, irrigation management, inventory management, farm labor management, and financial management applications. The precision viticulture market is expected to grow with a CAGR of 8.8% from 2019 to 2024. The major drivers for this market are growing implementation of new technologies in farming for maximum profitability & production and government support for the adoption of modern viticulture techniques.
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In this market, guidance systems, remote sensing, and variable rate technology are the technologies of precision viticulture system used for different applications. On the basis of comprehensive research, guidance system will remain the largest technology over the forecast period because these technologies collect real time data with accurate position information for future treatments. It also used to assess the present field information and provide alternative management by combining and manipulating data layers to make effective decisions.
Within the precision viticulture market, yield monitoring will remain the largest application due to increase in demand for high quality grapes and improve vineyard performance and quality while minimizing environmental impact and risk.
Asia Pacific will remain the largest region over the forecast period due to the wide acceptance and availability of guidance systems, especially in countries such as Australia & New Zealand, China, and India along with its growth potential.
AG Leader Technology, Aha Viticulture, Ateknea Solutions, Deveron Uas, Groupe ICV, John Deere, Quantislabs, Teejet Technologies, Terranis, Topcon, Tracmap and Trimble are among the major players of precision viticulture market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the Precision viticulture market by product/service, technology, application, and region. Lucintel has prepared a comprehensive research report titled "Precision Viticulture Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the precision viticulture market by product/service, technology, application, and region as follows:
By Product/Service [$M shipment analysis for 2013 – 2024]:
Hardware
Automation & Control Systems
Sensing & Monitoring Devices
Software
Local/Web-based
Cloud-based
Services
System Integration and Consulting
Managed Services
Farm Operation Services
Data Services
Analytics Services
Connectivity Services
Assisted Professional Services
Supply Chain Professional Services
Climate Information Services
Others (Financial Management and Inventory Management Services)
Maintenance & Support
By Technology [$M shipment analysis for 2013 – 2024]:
Guidance Systems
Global Positioning System (GPS)
Geographic Information System (GIS)
Remote Sensing
Handheld
Satellite Sensing
Variable Rate Technology
By Application [$M shipment analysis for 2013 – 2024]:
Yield Monitoring
Field Mapping
Boundary Mapping
Drainage Mapping
Crop Scouting
Weather Tracking & Forecasting
Irrigation Management
Inventory Management
Farm Labor Management
Financial Management
Others (Demand Forecasting, Customer Management, and Profit Center Analysis)
By Region [$M shipment analysis for 2013 – 2024]:
North America
Europe
Germany
France
U.K.
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Indonesia
Rest of Asia Pacific
ROW
Brazil
Argentina
Saudi Arabia
Others
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/precision-viticulture-market.aspx or helpdesk@lucintel.com.
About Lucintel
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