Precision Viticulture Market Size, Share, Trends, Growth and Forecast 2032

Precision Viticulture Market Insights

According to Zion Market Research, the global Precision Viticulture Market was worth USD 1.58 Billion in 2023. The market is forecast to reach USD 4.00 Billion by 2032, growing at a compound annual growth rate (CAGR) of 10.9% during the forecast period 2024-2032.

The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Precision Viticulture industry over the next decade.

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Introduction

Precision viticulture is a term used for precision agriculture due to which vineyard performance is enhanced. For instance, precision viticulture helps in increasing the grape output and quality along with reducing ecological impacts & risks. Furthermore, this can be achieved through measurement of local changes in the aspects of influencing grape output along with enhancing of soil quality & topography as well as vine health & topography.

Furthermore, precision viticulture depends on high in-field variations impacting vine development & grape ripening as per the customized intensive management based on the local conditions. Precision viticulture depends on innovative techniques like GPS, satellite remote sensing, geographic information systems, airborne remote sensing, and environmental sensors.

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Market Growth Drivers

Huge demand for high-quality grapes along with introduction of new techniques of increasing grape production & profitability will embellish the growth of the precision viticulture industry over the forecast timeline. In addition to this, government assistance to enhance the viticulture methods will leverage the growth of the precision viticulture industry over the forecast period.

Apparently, a prominent bulge in use of drones in precision farming activities will generate lucrative growth avenues for the precision viticulture industry over the forthcoming years. Large scale use of precision viticulture in Yield Monitoring, Field Mapping, and Weather Tracking & Forecasting are likely to drive the market trends.

Precision Viticulture Market: Report Scope

Asia Pacific Market To Retain Top Position During 2024-2032

The regional market growth over the forecast timeline is due to breakthroughs in the yield monitoring techniques, increase in the awareness of new farming technologies, and humungous presence of high number of farmlands. Apparently, the escalating acceptance of innovative in agriculture in the countries like India and China will further steer the regional market growth.

Furthermore, the growing adoption of guidance systems in nations like Australia and New Zealand is anticipated to accelerate the momentum of the market growth in the Asia Pacific zone in the foreseeable future.

Key players profiled in the report include-

• Aha Viticulture
• Groupe ICV
• Teejet Technologies
• AG Leader Technology
• Deveron Uas
• Trimble
• Ateknea Solutions
• John Deere
• Topcon
• Quantislabs
• Terranis
• Tracmap.

The global precision viticulture market is segmented as follows:

By Products

• Software
• Hardware
• Services

By Applications

• Crop Scouting
• Irrigation Management
• Farm Labor Management
• Financial Management
• Inventory Management
• Weather Tracking & Forecasting
• Field Mapping
• Yield Monitoring

By Technologies

• Remote Sensing
• Variable Rate Technology
• Guidance Systems

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa