USD 625.94 million
Report ID:
SQMIG20I2233 |
Region:
Global |
Published Date: February, 2024
Pages:
202
|Tables:
65
|Figures:
80
Global Plant Genotyping Equipment Market size was valued at USD 625.94 million in 2021 and is poised to grow from USD 687.28 million in 2022 to USD 1451.96 million by 2030, growing at a CAGR of 9.8% in the forecast period (2023-2030).
The global plant genotyping gadget marketplace is experiencing remarkable growth and innovation, pushed with the aid of the growing need to beautify crop productiveness, enhance agricultural sustainability, and address the challenges posed with the aid of climate trade and a developing international population. Plant genotyping equipment plays a pivotal position in cutting-edge agriculture and plant breeding with the aid of allowing researchers and farmers to identify and pick out plant life with suitable trends, consisting of drought resistance, disorder resistance, and higher yield ability. One of the key drivers behind the market's boom is the growing awareness of the significance of genetic diversity in crop improvement. As climate variability turns into extra reported, there may be a developing urgency to broaden plants that could thrive in changing environmental situations. Genotyping equipment helps in the identification and characterization of genetic variations within plant populations, facilitating the improvement of extra resilient and effective crop varieties. Furthermore, the adoption of precision agriculture practices is boosting the call for plant genotyping devices. Precision agriculture is based on records-pushed choice-making, and genotyping affords precious insights into plant genetics, taking into consideration particular management of agricultural sources together with water, fertilizers, and pesticides. In addition, advancements in genotyping technology, which include excessive-throughput sequencing and genotyping-by-sequencing, have made genotyping greater accessible and value-effective, further fueling market boom. These technologies allow researchers to investigate large-scale genetic information quickly and appropriately, accelerating the breeding process.
Global Market Size
USD 625.94 million
Largest Segment
SNP Genotyping Equipment
Fastest Growth
SNP Genotyping Equipment
Growth Rate
9.8% CAGR
To get more reports on the above market click here to Buy The Report
The global plant genotyping gadget marketplace is segmented on the basis of Equipment, End-Use, Application and place. By Equipment, the market is segmented into SNP Genotyping Equipment, Real-time PCR Instrument, DNA Analyzer, Liquid Handler, Others. By End-Use, the marketplace is segmented into Greenhouse, Field, Laboratory. By Application, the marketplace is segmented into Plant Research, Breeding, Product Development, Quality Assessment. By location, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis By Equipment
In the global plant genotyping gadget market, SNP (Single Nucleotide Polymorphism) Genotyping Equipment is a dominant phase. SNP genotyping is broadly utilized in plant breeding and genetic research to identify genetic variations inside plant populations. This system allows researchers to evaluate genetic variety, take a look at trait inheritance, and pick suited trends for crop improvement. With advancements in genotyping technology and increased attention on developing crop sorts with greater traits, SNP genotyping equipment holds a considerable percentage inside the market. Its precision, scalability, and applicability in numerous plant species make it an important tool for cutting-edge plant breeding packages.
On the other hand, the actual-time PCR instrument phase is the quickest-developing inside the global plant genotyping equipment market. Real-time PCR (Polymerase Chain Reaction) devices are used for the quantification of DNA sequences and gene expression analysis. In plant genotyping, they play a vital role in detecting and quantifying unique DNA sequences related to desired traits or genetic markers. The call for actual-time PCR devices is increasing because of their excessive specificity, sensitivity, and speed in DNA evaluation. These devices are vital for genotyping-by-sequencing programs and marker-assisted breeding, riding their fast boom inside the plant genotyping device market. Additionally, the growth of genomics research in agriculture and the improvement of latest crop types make contributions to the phase's increased boom.
Analysis By End use
In the worldwide plant genotyping device marketplace, the dominant section is the laboratory phase. Laboratories are important for conducting in-depth research and analysis of plant genetics. They offer a controlled environment for genotyping experiments, making sure unique and reproducible consequences. Researchers and plant scientists depend heavily on sophisticated genotyping devices in laboratory settings to research genetic markers, DNA sequences, and genetic variations. The demand for superior laboratory equipment, consisting of DNA sequencers, PCR machines, and genetic analyzers, remains continually excessive because of the continued research and improvement efforts in plant genetics, crop improvement, and breeding programs.
On the opposite hand, the greenhouse section is the fastest-developing section inside the worldwide Plant Genotyping Equipment marketplace. Greenhouses provide a controlled surroundings that mimics real-international situations, permitting researchers to observe plant growth, genetics, and responses to various factors like temperature, humidity, and mild. This controlled environment is becoming increasingly essential for growing new plant types with desirable trends, mainly inside the face of converting weather situations. As weather alternates demanding situations with traditional agricultural practices, the demand for the genotyping system in greenhouses is growing rapidly. Researchers are using genotyping gadgets to boost the improvement of climate-resilient and high-yield plants, making the Greenhouse phase a dynamic and high-boom location inside the marketplace.
To get detailed analysis on other segments, Request For Free Sample Report
The international plant genotyping device market is analyzed based on its local presence, which incorporates North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America has traditionally been a dominant area in the worldwide plant genotyping gadget marketplace. The United States, in particular, has a properly-hooked up agricultural and biotechnology region, which drives the call for a superior plant genotyping system. The presence of main biotech corporations and studies institutions, combined with considerable investments in agriculture and genomics studies, has contributed to North America's dominance on this marketplace. Additionally, favorable government guidelines and projects aimed at enhancing crop yields and food safety have in addition inspired the adoption of genotyping technology inside the vicinity.
As for the quickest developing phase, Asia-Pacific, in particular countries like China and India, has emerged as the quickest-developing area within the international plant genotyping equipment market. The area's rapid population growth and increasing food demand have led to a focal point on improving crop productivity and first-class. Governments and private groups are investing heavily in agricultural research and biotechnology, leading to a surge within the adoption of plant genotyping equipment. Additionally, the growth of the biotechnology and pharmaceutical industries in the Asia-Pacific area has driven the call for genotyping technologies for research purposes. As a result, Asia-Pacific is expected to experience huge growth in this marketplace.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Drivers
Increasing Demand for High-Yielding Crop Varieties:
There is a developing international populace, which has brought about an improved demand for meals plants. Plant genotyping equipment enables researchers and breeders to expand excessive-yielding crop sorts with ideal traits along with ailment resistance, drought tolerance, and stepped forward nutritional content. This driving force is pushing the adoption of genotyping tools to boost up the breeding of advanced plant sorts to satisfy the rising demand for agricultural products.
Advancements in Genomic Technologies:
Rapid advancements in genomics technologies, including subsequent-technology sequencing (NGS) and excessive-throughput genotyping structures, have made genotyping extra low-priced, green, and correct. These technological advancements have increased the programs of plant genotyping, making it easier for researchers and agronomists to conduct huge-scale genotyping initiatives. As genotyping will become greater on hand and cost-effective, it drives the increase of the marketplace.
Restraints
High Initial Investment Costs:
Plant genotyping equipment may be pricey to purchase and keep. High-first-rate genotyping equipment, which include sequencers and genotyping arrays, regularly requires a large premature investment. Additionally, ongoing upkeep and operational charges can stress the budgets of studies institutions, plant breeding corporations, and agricultural businesses. The price barrier can be a big restraint for smaller gamers within the market.
Regulatory and Ethical Concerns:
The use of genotyping gadgets in plant research and breeding may additionally enhance moral worries related to genetically changed organisms (GMOs) and intellectual property rights. Regulatory bodies in numerous countries have mounted guidelines and regulations for the use of genetically changed crops that could affect the improvement and commercialization of genetically changed plant varieties. Ethical and regulatory challenges can sluggish down the adoption of genotyping technology, in particular in regions with stringent rules or public resistance to GMOs.
Request Free Customization of this report to help us to meet your business objectives.
The global plant genotyping equipment market capabilities a highly competitive panorama characterized with the aid of several key players striving for marketplace dominance. Some outstanding organizations in this zone consist of Illumina, Thermo Fisher Scientific, Eurofins Scientific, Qiagen, and Agilent Technologies. These enterprise leaders provide a wide variety of genotyping devices and services, making them principal members to the market's growth. Moreover, numerous emerging players and startups also are making their mark by means of that specialize in modern technology and answers to cater to the increasing call for plant genotyping. These businesses often focus on niche areas, including subsequent-generation sequencing structures and custom genotyping offerings. Collaborations and partnerships are commonplace in this market, with corporations becoming a member of forces to beautify their product offerings and expand their worldwide presence. Additionally, studies institutions and educational groups play a vital function in advancing genotyping technologies, frequently collaborating with industry leaders. As the importance of plant genotyping keeps growing in agriculture, plant breeding, and biotechnology, competition inside the market is expected to heighten, riding innovation and riding the improvement of extra green and value-effective genotyping answers.
Top Player’s Company Profile
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global plant genotyping device market analysis, the marketplace is experiencing enormous increase, pushed through numerous elements that make contributions to the advancement of agricultural studies and crop improvement. Plant genotyping system is crucial for figuring out and analyzing genetic versions within plant species, allowing breeders and researchers to expand greater resilient, high-yielding, and disease-resistant crop sorts. One of the primary drivers of marketplace boom is the increasing worldwide population and the want for sustainable agriculture to ensure food safety. Genotyping gadget aids in the development of crop sorts that could thrive in various environmental conditions and face up to pests and illnesses, thereby enhancing agricultural productivity. Furthermore, the adoption of precision agriculture practices, which rely upon genetic records for optimized crop control, is boosting the call for for plant genotyping gadget. These technology assist farmers make facts-pushed decisions to maximise yields at the same time as minimizing aid usage. The increasing biotechnology and biopharmaceutical industries are also contributing to the marketplace boom, as they require genotyping devices for research and development associated with plant-primarily based prescription drugs and bioproducts. However, demanding situations along with the high value of the genotyping system and the complexity of statistics evaluation can avert marketplace expansion. Nevertheless, ongoing advancements in genotyping technologies, such as high-throughput and cost-powerful solutions, are expected to address those demanding situations and force the boom of the global plant genotyping equipment marketplace in the coming years.
Report Metric | Details |
---|---|
Market size value in 2021 | USD 625.94 million |
Market size value in 2030 | USD 1451.96 million |
Growth Rate | 9.8% |
Base year | 2023 |
Forecast period | 2023-2030 |
Forecast Unit (Value) | USD Million |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Plant Genotyping Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Plant Genotyping Equipment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Plant Genotyping Equipment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Plant Genotyping Equipment Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG20I2233
sales@skyquestt.com
USA +1 351-333-4748