Plant Phenotyping Market – Emerging Trends & Industry Forecast
The plant phenotyping market is projected to grow to USD 437 million by 2027, growing at a CAGR of 12.9% during the forecast period. Increasing expansions and investments for plant phenotyping in developed regions is a major factor driving the plant phenotyping market. Further to this, rising importance of sustainable crop production using improved crop varieties is also major factor triggering the...
Growing Importance of Sustainable Crop Production Using Improved Crop Varieties Drives Plant Phenotyping Market
The plant
phenotyping market is estimated to be USD 158.2 million in 2018 and is
projected to reach USD 268.1 million by 2023, at a CAGR of 11.14%. The market
growth is driven by factors such as the growing demand for sustainable crop
production using improved crop varieties and significant advancements in
imaging sensors.
On the basis of services, measurement acquisition & data
analysis are...
Key Reasons behind Plant Phenotyping Market Growth
The advantages of obtaining accurate qualitative and quantitative measurements using plant phenotyping technologies are the key reasons contributing to the growth of this market, globally. Plant phenotyping technologies are likely to gain traction in agricultural research and plant breeding programs and prove to be an important tool for agriculture companies, research organizations, and academic institutions...