Precision Viticulture Market is expected to grow with a CAGR of 7.3% from 2023 to 2030.
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This report describes the global market size of Precision Viticulture Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 7.3% from 2023 to 2030.
Precision viticulture refers to the use of advanced technology and data analytics in grape growing and wine production to optimize vineyard management practices. The goal of precision viticulture is to enhance the efficiency, sustainability, and overall quality of grape production by applying precision agriculture techniques tailored to the specific needs of vineyards.
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Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Precision Viticulture Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 7.3% during the forecast period 2023-2030. North American market for Precision Viticulture Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of 7.3% during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Precision Viticulture Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Component
-Hardware
Drones
Application Control Device
Guidance System
GPS
GIS
Remote Sensing
Variable Rate Technology
Map-based
Sensor-based
Driverless tractors
Mobile devices
Others
-Software
Cloud-based
Web-based
-Services
System Integration and Consulting
Managed Services
Farm Operation Services
Data Services
Analytic Services
Assisted Professional Services
Supply Chain Management Services
Climate Information Services
With a 62.2% market share in 2022, the hardware category had the largest share. Growth is being accelerated by grape growers' increasing use of drones and VRT. The hardware market has been further divided into systems and devices, which include drones, mobile devices, drone guidance, remote sensing equipment, and variable rate technology devices. These tools are used by the growers to continuously monitor and manage the vineyard. In addition, the market demand has been positively impacted by the growing use of Geographic Information Systems (GIS) for field analysis and visualization, vineyard placement, and crop placement.
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By Application
-Yield Monitoring
On-Farm
Off-Farm
-Field Mapping
-Crop Scouting
-Weather Tracking & Forecasting
-Irrigation Management
-Inventory Management
-Farm Labor Management
Field mapping, weather tracking and forecasting, yield monitoring, crop scouting, irrigation management, farm labor management, and inventory management are the additional application-based market segments. The yield monitoring segment held a dominant market share of 40.5% in 2022, primarily due to its ability to identify the effects of both internal and external factors, including weather, soil properties, pesticides, and fertilizers, on yields. There are two ways to monitor yield: on- and off-farm. During harvest, the grape growers receive real-time information from the on-farm yield monitoring system. Additionally, it lets grape growers create yield maps to pinpoint regions with varying crop yields.
By Company
Group ICV
Please ask for sample pages for full companies list.
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