According to IMARC Group’s latest report, titled “Precision Viticulture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global precision viticulture market is expected to exhibit a CAGR of 8.9% during 2022-2027. Precision viticulture refers to scientific techniques utilized for producing grapes with enhanced efficacy and maximizing their quality across a vineyard. These procedures depend on new and emerging technologies, including geographic information systems (GIS), global positioning system (GPS), and meteorological and other environmental sensors. Precision viticulture methods help improve the fertility of the soil and control fertilizer application, diseases, growth of weeds, harvesting, water level for grape cultivation, etc. They even minimize the environmental footprint of production while lowering the associated risks for growers and processors. Consequently, precision viticulture solutions find extensive application in vineyards across the globe.

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Market Trends and Drivers:

 

The shifting preferences toward maintaining and identifying variability within the vineyards with the help of information technology (IT) techniques are primarily driving the precision viticulture market. In addition to this, the launch of numerous initiatives by government bodies aimed at promoting the adoption of the latest agricultural activities and assisting vineyard owners to detect factors impacting production by offering remote sensing technologies and new information is acting as another significant growth-inducing factor. Apart from this, the inflating investments in research and development activities to facilitate technological improvements and the introduction of state-of-art devices and systems, which include sensors, drones, driverless tractors, etc., which help the vineyard owners understand the insights related to plant health based on the collected data is also positively influencing the market growth. In line with this, the usage of innovative VitiCanopy technologies to monitor the growth and health of the vineyard is expected to propel the precision viticulture market over the forecasted period.

 

Precision Viticulture Market 2022-2027 Competitive Analysis and Segmentation:

 

Competitive Landscape With Key Players:

 

The competitive landscape of the precision viticulture market has been studied in the report with the detailed profiles of the key players operating in the market.

 

Some of these key players include:

 

  • Aha Viticulture
  • Atlas Vineyard Management Inc.
  • Deere & Company
  • Deveron
  • ICV Group Inc.
  • Teejet Technologies (Spraying Systems Co.)
  • TerraNIS
  • Topcon
  • TracMap Limited
  • Trimble Inc.

 

Key Market Segmentation:

 

The report has segmented the global precision viticulture market based on component, technology, application and region.

 

Breakup by Component:

 

  • Hardware
  • Software
  • Services

 

Breakup by Technology:

 

  • Guidance Systems
  • Remote Sensing
  • Variable Rate Technology

 

Breakup by Application:

 

  • Yield Monitoring
  • Field Mapping
  • Crop Scouting
  • Weather Tracking and Forecasting
  • Irrigation Management
  • Inventory Management
  • Others

 

Breakup by Region:

 

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

 

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Key Highlights of the Report:

 

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

 

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

 

About Us

 

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

 

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

 

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