REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
---|---|---|
$3.03 billion by 2032 | 9.9% | North America |
By Product | By Technology | By Application |
---|---|---|
Hardware
Software
Services
|
|
|
SCOPE OF THE REPORT
Smart Vineyard Management Market Overview
The Global Smart Vineyard Management Market is valued at $1.31 billion in 2023 and is Expected to reach $3.03 billion by 2032, with a CAGR of 9.9% during the forecast period from 2024 to 2032.
Viniculturists can efficiently monitor various vineyard operations, such as vineyard layout, grape harvesting, and plantation upkeep, using software specifically designed for vineyard management. This is achieved by tracking tasks, including mowing, insect control, weed control, and more. Notable trends in the sector are directly impacting its dynamics. One of the key drivers of growth in the smart vineyard management market is the increasing demand for and adoption of Software as a Service (SaaS)-based solutions.
Furthermore, major players in the industry are investing in research and development to enhance their technological capabilities, fostering innovation in food technology, and creating lucrative growth opportunities for the smart vineyard management market. The overall expansion of the food technology industry also fuels the demand for smart vineyard management, especially when advanced IT solutions are integrated into this sector.
Smart Vineyard Management Market Report Scope
Report Attributes | Specifications |
Growth Rate CAGR | CAGR of 9.9% from 2024 to 2032 |
Market Size Value In 2023 | $1.31 billion |
Revenue Forecast In 2032 | $3.03 billion |
Quantitative Units | Representation of revenue in US$ Billion and CAGR from 2024 to 2032 |
Historic Year | 2019 to 2023 |
Forecast Year | 2024-2032 |
Segments by Types | Hardware, Software, Services, Robots & Drones, On-Cloud Software |
Segments by Application | Yield Monitoring, Crop Scouting, Harvesting, Irrigation Management |
Segments by Regional | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Competitive Landscape | PrecisionHawk, Inc., SureHarvest Services, LLC, TracMap Limited, YANMAR HOLDINGS CO., LTD., Trimble Inc., AGRIVI Ltd., AHA Viticulture, VineView, and TeeJet Technologies |
Customization Scope | Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Smart Vineyard Management Market Segmentation Analysis
The smart vineyard management market is segmented based on product, technology, and application.
Hardware Segment Contribution: The hardware segment is a major contributor to the smart vineyard management market. Hardware products are essential for enabling automated and efficient vineyard operations. These devices gather and analyze weather information such as temperature, humidity, precipitation, and wind speed. Weather stations provide valuable data for vineyard management, helping growers decide when to irrigate their vineyards, prevent disease, and harvest their crops. This ecosystem of hardware and software technologies, known as “Smart Vineyard Management,” enables viticulturists to optimize vineyard operations and improve overall output and quality standards.
Rapid Growth of the Sensing Segment: The sensing segment is expected to grow rapidly in the global smart vineyard management market. Sensing technology is crucial to the market because it provides insightful data that helps maximize vineyard operations. The vineyard is equipped with remote sensors to collect data on various environmental factors. These sensors monitor variables such as temperature, humidity, solar radiation, wind speed, and rainfall. They also detect and monitor diseases and pests that could harm vineyard health. Examples include pheromone traps, insect traps, and disease-specific sensors. Viticulturists can continuously monitor the growth of diseases or the presence of pests and take prompt, targeted action to prevent or minimize vineyard damage.
Smart Vineyard Management Market Dynamics
DRIVING FACTORS
“Irrigation and Precision Agriculture Trends to Steminate Market Sales”
The trend toward precision agriculture, which emphasizes maximizing yields and optimizing inputs while minimizing natural effects, may be a major force behind astute vineyard management frameworks. Vineyard managers strive to apply innovation to advance grape development’s proficiency, efficiency, and maintainability. Use precise watering techniques, like drip irrigation or microsprinklers, to deliver water directly to the grapevines’ root zone. Vineyard directors can reduce water waste, reduce the risk of overwatering or underwatering, and promote optimal grape development and quality by strictly regulating the amount of water applied.
“Increasing Demand for Quality Wines to Stretch Up the Industry Growth”
The growing global demand for premium wine puts pressure on vineyard owners and wineries to produce consistently high-quality grapes. Intelligent vineyard management systems provide tools and intelligence to maximize grape production and improve wine quality, satisfying the needs of discerning customers.
Some key players in the Smart Vineyard Management market are
- PrecisionHawk, Inc
- SureHarvest Services, LLC
- TracMap Limited
- YANMAR HOLDINGS CO., LTD.
- Trimble Inc.
- AGRIVI Ltd.
- AHA Viticulture
- VineView
- TeeJet Technologies
- Elmibit d.o.o.
Recent Development: –
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In March 2022, AGRIVI partnered with Eviit GmbH to bring digital agriculture solutions for various applications, including vineyard management, to Germany.
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In January 2022, YANMAR HOLDINGS CO., Ltd. unveiled the YV01 autonomous spraying robot for use in vineyards. The YV01’s electrostatic spraying mechanism is flexible, lightweight, and environmentally friendly, which ensures extremely accurate spraying on vines.
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In December 2021, Deep Planet set up its Australian headquarters in Adelaide, South Australia, to get into the Australian wine tech market.
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In October 2020, Elmibit d.o.o. announced the exploration of new market opportunities as a part of the support received from the INNOWWIDE open call.
Smart Vineyard Management Market Regional Analysis
North America’s Significant Market Share: The North America smart vineyard management market is expected to register the highest market share and has a significant concentration of leading industry competitors. The industry is experiencing continuous growth due to the rising need for better vineyard productivity, quality, and sustainability. North America is a center of technological innovation in the agriculture industry, particularly vineyard management. Startups, digital firms, and academic institutions in the region are constantly developing and implementing new technologies to improve vineyard operations and efficiency. These technologies include AI-driven analytics, drone-based monitoring, robots, and automation systems. Additionally, the Asia Pacific region is expected to grow rapidly in the global smart vineyard management market.
The Asia Pacific region has a significant presence in the global wine industry, with countries such as China, Australia, and New Zealand being major wine producers. This creates a conducive environment for adopting smart vineyard management solutions to enhance wine production productivity, quality, and sustainability. Awareness and adoption of smart vineyard management technologies are steadily increasing in Asia. Vineyard owners recognize the benefits of digital solutions in optimizing vineyard operations, improving yield, and ensuring efficient resource management.
Segments Covered in the Smart Vineyard Management Market Report
The smart vineyard management market is segmented based on product, technology, and application.
By Product:
Hardware
- Robots & Drones
- Sensors
- Others
Software
- On-Cloud Software
- On-Premises Software
Services
- Professional
- Managed
By Technology:
- Guidance
- Sensing
- Variable Rate Technology
- Others
By Application:
- Yield Monitoring
- Crop Scouting
- Harvesting
- Irrigation Management
- Others
By Region:
North America:
- The US
- Canada
- Mexico
Europe:
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific:
- China
- Japan
- India
- South Korea
- South East Asia
- Rest of Asia Pacific
Latin America:
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa:
- GCC Countries
- South Africa
- Rest of Middle East and Africa
FAQ
The Smart Vineyard Management Market is valued at $1.31 billion in 2023 and is predicted to reach $3.03 billion by 2032.
The Smart Vineyard Management Market is expected to grow at a 9.9% CAGR during the forecast period from 2024 to 2032.
Key players include PrecisionHawk, Inc., SureHarvest Services, LLC, TracMap Limited, YANMAR HOLDINGS CO., LTD., Trimble Inc., AGRIVI Ltd., AHA Viticulture, VineView, and TeeJet Technologies
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