Plant Biotechnology Equipment Market Analysis Report By Plant Phenotyping, By Plant Genotyping, By Cell Culture, By Smart Farm Equipment, By Region And Segment Forecasts From 2018 To 2025

Industry Insights

The plant biotechnology equipment market size across the globe was accounted for USD 6.91 billion in 2017. It is estimated to witness a 12.8% CAGR over the forecasted period, 2018 to 2025. The rising need to boost crop productivity for catering to the needs of the surging population is projected to drive market growth.

The global population is anticipated to surpass a count of around 9.0 billion by 2050. This is expected to create a challenge for catering to food needs across the globe. Thus, several governing bodies are undertaking initiatives to develop plants that can yield more produce and withstand extreme climatic conditions.

Many efforts are being made by the government to ensure food safety and strengthen the capacity of food production among rural communities. Further, the rising usage of advanced technologies like mobile phones for gaining information about ideal farming practices, crop disease, land management, and pest control is increasing. Moreover, the need for attaining sustainable development across sectors like food supply, healthcare, and energy is projected to augment the market growth for such equipment.

Plant Phenotyping Equipment Insights

The market can be classified into software, hardware, application, and end-use based on plant phenotyping equipment. The segment of hardware can be further sub-segmented into automated systems, imaging devices, sensor modules, LED lighting, portable devices, and drones. In 2017, the segment of imaging devices dominated the global market. It is also anticipated to continue its dominance in the upcoming years due to the rising need for visualizing growth rates, root physiology, temperature profiles, and photosynthesis rates of living plants.

Several plant researchers are constantly engaged in developing various plants having more nutritional content and enhanced resistance to diseases. Thus, reliable and automatic phenotyping platforms are being developed for conducting research. Also, the need for studying complex traits associated with plants like architecture, physiology, yield, tolerance, and resistance is anticipated to trigger the market growth for this segment.

Plant Genotyping Equipment Insights

The global plant biotechnology equipment market can be categorized into application and end-use based on genotyping equipment. The segment of end-use can be further sub-segmented into laboratory, field, and greenhouse. Also, the application segment can be segmented into product development, quality assessment, breeding, and plant research.

The emergence of NGS (Next-Generation Sequencing) techniques to study, discover, validate, and assess genetic markers is gaining traction across the globe. Thus, the development of SNP (Single Nucleotide Polymorphism) markers and array-based has been possible. These SNPs can help in developing several genotyping systems as per the trending needs and processes.

Cell Culture Equipment Insights

The global market can be classified into the application, end-use, and equipment based on cell structure. The segment of equipment has been sub-segmented into centrifuges, microscopes, seed germination, incubators, cell counters, sterilizers, and others. In 2017, the segment of centrifuges held the largest share across the market. On the other hand, the incubators segment is projected to witness the fastest growth over the forecasted period.

The cell structure of the plants is majorly used for the collection and cultivation of plants. The isolated plant cells are majorly cultured in fermenters which can provide features like the production of new compounds, constant raw material supply to the plants, and plant cell production in controlled conditions.

Smart Farm Equipment Insights

The global plant biotechnology equipment market can be classified into software, hardware, application, and end-use. The segment of application can be further bifurcated into breeding, plant research, quality assessment, and product development. In 2017, the sub-segment of quality assessment accounted for the highest share across the global market. While the product development application segment is anticipated to register around 14.0% CAGR over the forecasted period.

The concept of connected and smart farms is gaining traction across the agricultural industry due to the rising awareness about the potentials of sensing, automation, and control devices prevailing among individuals. Further, the adoption of technologies like IoT (Internet of Things) by the service providers for the development of platforms that can process, communicate and analyze the data is expected to reduce the operational costs of farmers. These factors are projected to propel market growth in the upcoming years.

Regional Insights

North America is anticipated to register significant growth in the upcoming years. This can be associated with the initiatives undertaken by the governing authorities for promoting plant phenotyping research. Europe has also developed a strong network for the development of plant phenotyping and automation infrastructure across this region.

The market across the Asia Pacific has gained traction over the last few years. This can be associated with the increasing number of research centers and agricultural cooperative societies across China and India. Moreover, livelihood dependency over agriculture across this region is projected to propel market growth.

COVID-19 Impact Insights

The market is expected to gain traction due to the ongoing COVID -19 pandemic. This can be associated with the surging need to prevail among countries to cater to the food needs of homeless and helpless people. Also, the adoption of plant extracts for the manufacturing of immunity booster medicines and to carry out vaccine trials is gaining popularity across the globe. Moreover, rapid technological advances and the necessity to carry out plant research for attaining sustainability are anticipated to drive market growth in the post-pandemic period.

Plant Biotechnology Equipment Market Share Insights

The global market includes players such as Heinz Walz GmbH, Keygene N.V., LemnaTec GmbH, Qubit Systems, Tecan Group Ltd., Geneq, Inc., Illumina, Inc., Geneq, Inc., Evogene Ltd., and LGC Limited. They are constantly developing innovative products for widening their geographical reach.

Strategies like alliances and acquisitions are undertaken by these players to gain a competitive advantage. For example, LG Chem gained acquisition over FarmHannong in 2016 for widening their operations across agrochemical, fertilizers, crop protection, and potting segments.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends from 2013 to 2025 in each of the sub-segments. For the purpose of this study, Million Insights has segmented the global plant biotechnology equipment market on the basis of plant phenotyping equipment, plant genotyping equipment, cell culture equipment, smart farm equipment, and region:

• Plant Phenotyping Equipment Outlook (Revenue, USD Million, 2013 - 2025)
    • Hardware
        • Sensors Modules
            • Ultrasonic Distance Sensors
            • NDVI Sensors
            • RGB Web Cameras
            • Portable Spectrometers
            • Temperature Sensors
            • Humidity Sensors
        • Imaging devices
            • Infrared Imaging
            • Fluorescence Imaging
            • Structural Tomography
            • Positron Emission Tomography (PET)
            • Hyperspectral Imaging
            • Others (Magnetic Resonance Imaging, Forster Resonance Energy Transfer, NIR imaging)
        • Automated System
            • Bench-based
            • Conveyor-based
        • Drones
        • LED Lighting
        • Portable Devices
    • Software
    • End Use
        • Greenhouse
        • Field
        • Laboratory
    • Application
        • Plant Research
        • Breeding
        • Product Development
        • Quality Assessment

• Plant Genotyping Equipment Outlook (Revenue, USD Thousand, 2013 - 2025)
    • End Use
        • Greenhouse
        • Field
        • Laboratory
    • Application
        • Plant Research
        • Breeding
        • Product Development
        • Quality Assessment

• Cell Culture Equipment Outlook (Revenue, USD Million, 2013 - 2025)
    • Equipment
        • Incubators
        • Centrifuges
        • Seed Germinators
        • Microscopes
        • Sterilizer
        • Cell Counter
        • Others (autoclave, shaker, refrigerator, pH meter, cell culture vessels, syringes & needles)
    • End Use
        • Greenhouse
        • Field
        • Laboratory
    • Application
        • Plant Research
        • Breeding
        • Product Development
        • Quality Assessment

• Smart Farm Equipment Outlook (Revenue, USD Million, 2013 - 2025)
    • Hardware
        • Automation & Control System
            • Drone
            • Application Control Devices
            • Guidance System
                • GPS
                • GIS
            • Remote Sensing
                • Hand Held
                • Satellite Sensing
            • Driverless Tractors
            • Mobile Devices
            • Variable Rate Technology
                • Map-based
                • Sensor-based
            • Wireless Modules
            • Bluetooth Technology
                • Wi-Fi Technology
                • Zigbee
                • RF Technology
        • Sensing Devices
            • Soil Sensor
            • Nutrient Sensor
            • Moisture Sensor
            • Temperature Sensor
            • Water Sensor
            • Climate Sensor
            • Others
        • Antennas/Access Points
    • Software
        • Web-based
        • Cloud-based
    • End-use
        • Greenhouse
        • Field
        • Laboratory
    • Application
        • Plant Research
        • Breeding
        • Product Development
        • Quality Assessment

• Regional Outlook (Revenue, USD Million, 2013 - 2025)
    • North America
        • The U.S.
        • Canada
        • Mexico
    • Europe
        • The U.K.
        • Germany
        • France
    • The Asia Pacific
        • India
        • China
        • Japan
        • South Korea
    • Middle East & Africa
    • South America
        • Brazil