Plant Phenotyping Robots Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Type (Image Analysis Systems, Canopy Analysis Systems, Multispectral Scientific Cameras, Fluorometers, Others), By Function (Photometry, Spectrometry, Fluorometry, Thermography, and Calorimetry), By End-user (Agriculture, Botany, Environmental Science, Commercial Farmers, Research Institutions), By Application (Plant Breeding, Plant Research, Product Development, Quality Assessment, Stress Detection, and Yield Prediction) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Plant Phenotyping Robots Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Type (Image Analysis Systems, Canopy Analysis Systems, Multispectral Scientific Cameras, Fluorometers, Others), By Function (Photometry, Spectrometry, Fluorometry, Thermography, and Calorimetry), By End-user (Agriculture, Botany, Environmental Science, Commercial Farmers, Research Institutions), By Application (Plant Breeding, Plant Research, Product Development, Quality Assessment, Stress Detection, and Yield Prediction) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Region: Global
Published: August 2024
Report Code: CGNAGR824
Pages: 213

The Global Plant Phenotyping Robots Market was valued at USD 105.3 Million in 2023 and is anticipated to reach a value of USD 334.4 Million by 2031 expanding at a CAGR of 15.6% between 2024 and 2031.

Plant phenotyping robots are type of automated systems designed to measure and analyze the physical characteristics of plants. Robotic phenotyping is the process of identifying crop growth using technologically advanced systems. The term ‘plant phenotype’ refers to any observable characteristics of a plant, such as morphology, development, biochemical or physiological properties. These Robots are autonomous robots equipped with sensors and cameras to analyze and monitor plant growth and health. Plant phenotyping robots use multiple advanced technologies such as computer vision, machine learning, and data analysis to collect data on plant growth, health, and response to environmental conditions. These type of robots are used in various applications, such as plant research, breeding, product development, stress detection, yield prediction, and quality assessment. The global plant phenotyping robots market is driven by factors such as Increasing global food demand, supportive government initiatives, increasing focus on precision agriculture, and rising demand for food security.

Plant Phenotyping Robots Market Major Driving Forces

Increasing Global Food Demand: The rising global population, leading to increased demand for food. Growing population creating pressure on the agriculture industry to produce more food while using fewer resources. Phenotyping robots helps to meet increasing food demand by optimizing farming practices.

Supportive Government Initiatives: Many governments across the globe are taking several initiatives for precision agriculture and smart farming. They have been providing grants, funding programs, and incentives to promote innovation in agriculture.

Increasing Focus on Precision Agriculture: The growing emphasis on precision agriculture techniques to improve efficiency and productivity are driving the growth of the market. Plant phenotyping robots provides valuable data for precision agriculture applications, such as targeted nutrient management, irrigation optimization, and disease detection.

Rising Demand for Food Security: The global population is expected to continue to grow in the coming years. The increasing demand for food security creates a demand for plant phenotyping robots. Plant phenotyping robots play a crucial role in advancing agricultural practices and ensuring food security.

Plant Phenotyping Robots Market Key Opportunities

Sustainable Agriculture Practices:  The increasing need for sustainable agriculture practices is anticipated to provide significant opportunities for market growth. Plant phenotyping robots enable real-time data collection and analysis when integrate with IoT. These autonomous systems minimizing water waste by adapting to real-time soil moisture levels and weather conditions.

Increasing Investments: The increasing investments from agritech companies in plant phenotyping research is expected to drive the growth of the plant phenotyping robots market in forecast period. Researchers are increasingly investigating ways to enhance the resilience of crops to changing environmental conditions.

Integration of AI and Machine Learning: The integration of AI and machine learning in these robots provides opportunities for enhanced capabilities to analyze complex plant traits and obtain accurate information. AI combined with IoT to monitor, measure, and store data in real-time. Moreover, AI with IoT enable predictive modeling and better decision-making in crop management and breeding programs.

Plant Phenotyping Robots Market Key Trends

·         Researchers are actively investigating ways to enhance the resilience of crops to changing environmental conditions

·         Continuous advancements in imaging technologies for the improvement of plant phenotyping robots by enhancing the accuracy, and efficiency

·         The increasing focus on precision agriculture techniques to optimize resource utilization, minimize environmental impact, and increase firm efficiency

·         The increasing demand for efficient plant research and development tools is a key factor propelling the growth of plant phenotyping robots market

·         The increasing need for sustainable agriculture practices is driving adoption of plant phenotyping robots

·         The rising demand for high-quality crops and efficient plant breeding methods is another significant factor influencing the demand for plant phenotyping robots

·         Increasing use of AI and machine learning algorithms can help in improving data analysis and interpretation

Region-wise Market Insights

North America accounted for the largest market share at 32.2% in 2023 whereas, Asia Pacific is expected to register the fastest growth, expanding at a CAGR of 16.1% between 2024 and 2031.

In North America, the demand is driven by the favorable government initiatives and funding, well-established technology and innovation ecosystem, and strong investments in agricultural R&D. Additionally, North America region is leading in the development and adoption of advanced phenotyping technologies, with significant presence of agritech companies and research institutions. The European market is anticipated to grow at a moderate rate owing to the increasing research initiatives. In Asia-Pacific, the market is characterized by growing population, rising food demand, and Increasing government investments in agricultural research and development which has created an increasing demand for plant phenotyping robots. The Middle East and Africa has been witnessing a growing demand for plant phenotyping robots due to increasing focus on precision agriculture whereas, in South America, the market is influenced by rising food security concerns, and increasing investments in agricultural technology.

Market Competition Landscape

The plant phenotyping robots market is highly competitive, with several key players driving innovation and growth in the industry. These major players are actively investing in research for the continuous development of advanced phenotyping technologies. Key players in the plant phenotyping robots market engage in strategies aimed at gaining a competitive edge. These strategies include product innovation, design differentiation, and the incorporation of sustainable and eco-friendly materials to meet evolving consumer preferences. Established brands leverage their reputation for quality and reliability to maintain market share, while newer entrants focus on disruptive innovations and unique selling propositions.

Key players in the global plant phenotyping robots market implement various organic and inorganic strategies to strengthen and improve their market positioning. Prominent players in the market include:

·         BASF SE

·         LemnaTec GmbH

·         WPS

·         EarthSense, Inc.

·         WIWAM  

·         Saga Robotics AS

·         PHENOSPEX

·         Delta-T Devices Ltd.

·         Phenomix Sciences

·         KeyGene

·         Photon Systems Instruments

·         Qubit Systems Inc.

·         CropDesign NV

·         AGCO Corporation.

Report Attribute/Metric

Details

Market Revenue in 2023

USD 105.3 Million

Market Revenue in 2031

USD 334.4 Million

CAGR (2024 – 2031)

15.6%

Base Year

2023

Forecast Period

2024 – 2031

Historical Data

2019 to 2023

Forecast Unit

Value (US$ Mn)

Key Report Deliverable

Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape

Segments Covered

·   By Type (Image Analysis Systems, Canopy Analysis Systems, Multispectral Scientific Cameras, Fluorometers, Others)

·   By Function (Photometry, Spectrometry, Fluorometry, Thermography, and Calorimetry)

·   By End-user (Agriculture, Botany, Environmental Science, Commercial Farmers, Research Institutions)

·   By Application (Plant Breeding, Plant Research, Product Development, Quality Assessment, Stress Detection, and Yield Prediction)

Geographies Covered

North America: U.S., Canada and Mexico

Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

South America: Brazil, Argentina, and Rest of Latin America

Middle East & Africa:  GCC Countries, South Africa, and Rest of Middle East & Africa

Key Players Analyzed

BASF SE, LemnaTec GmbH,WPS,EarthSense, Inc.,WIWAM,Saga Robotics AS,PHENOSPEX,Delta-T Devices Ltd.,Phenomix Sciences,KeyGene,Photon Systems Instruments,Qubit Systems Inc.,CropDesign NV, and AGCO Corporation.

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