Plant Biotechnology Equipment Market Worth $18.35 Billion By 2025

The global plant biotechnology equipment market size is anticipated to value USD 18.35 billion until 2025. It is also expected to register a CAGR of 12.8% over the forecasted years, 2018 to 2025. The surging demand for various transgenic crops to attain enhanced productivity, yield and output is projected to trigger market growth.

A rapid technological advance across the biotech sector for the production of biofuel is increasing at a rapid pace. These biofuel are attaining wide popularity owing to the surging and fluctuating prices of crude oils. Also, they can be produced locally and are environment friendly. Moreover, the need for addressing the issues related to biofuel production is anticipated to propel the demand for biotechnology equipment in the upcoming years.

Technologically advanced techniques like net-gen DNA sequencing can be carried out by the breeders using these equipments for increasing the genetic improvement rate with the usage of molecular breeding. Also, the cell culture equipments which help in improving the quality of food grains are expected to gain wide popularity across the globe.

In 2017, North America held a significant share across the global market due to the increasing number of initiatives being undertaken by governing authorities to promote plant research. The Asia Pacific is also anticipated to hold a substantial share in the upcoming years owing to the rising number of research centers and agricultural cooperative societies in countries like China and India.

The plant biotechnology equipment market includes key players such as LemnaTec GmbH, Qubit Systems, Heinz Walz GmbH, Tecan Group Ltd., Geneq, Inc., Keygene N.V., Geneq, Inc., and Evogene Ltd. They are implementing strategies like acquisitions and mergers to widen their geographical reach.

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Further key findings from the report suggest:

• The imaging devices segment held the highest share among the plant phenotyping equipment category.

• The product development segment is expected to witness 14.0% CAGR from 2018 to 2025.

• Asia Pacific is anticipated to witness significant CAGR from 2018 to 2025 across the global market.

• The key players in this market are LemnaTec GmbH, Qubit Systems, Heinz Walz GmbH, Tecan Group Ltd., Geneq, Inc., Keygene N.V., Geneq, Inc., and Evogene Ltd.

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

Plant Biotechnology Equipment: 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

Plant Biotechnology Equipment: 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

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