Plant Genotyping Equipment Market Trends and Forecast
The future of the global plant genotyping equipment market looks promising with opportunities in the laboratory, field, and greenhouse markets. The global plant genotyping equipment market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 9.2% from 2024 to 2030. The major drivers for this market are increasing demand for precision agriculture and crop improvement technologies, rise in adoption of molecular breeding techniques for plant genetics research, and growing application of genomics in understanding plant traits for better yield and resilience.
• Lucintel forecasts that SNP genotyping equipment is expected to witness the highest growth over the forecast period.
• Within this market, laboratory is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Plant Genotyping Equipment Market
• United States: Companies like Illumina and Thermo Fisher Scientific are expanding their plant genotyping capabilities, aiming to achieve higher throughput and accuracy. Government initiatives focus on funding research in genomic technologies for agriculture.
• China: Key players such as BGI Genomics and Beijing Genomics Institute are investing in advanced genotyping equipment to enhance crop breeding programs. Government targets include increasing agricultural productivity through genomic research.
• India: Tata Consultancy Services (TCS) and Mahyco are collaborating on genomic solutions for sustainable agriculture. Government aims to achieve food security through genomics and precision breeding techniques.
• Brazil: Embrapa and Bayer are developing genotyping platforms to optimize crop resilience and yield. The government emphasizes genomic research to support the expansion of agribusiness and sustainable agriculture practices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Plant Genotyping Equipment Market by Segment
The study includes a forecast for the global plant genotyping equipment market by type, application, end use, and region.
Plant Genotyping Equipment Market by Type [Value from 2018 to 2030]:
• SNP Genotyping Equipment
• DNA Analyzer
• Real Time PCR Instrument
• Liquid Handler
• Other Equipments
Plant Genotyping Equipment Market by Application [Value from 2018 to 2030]:
• Quality Assessment
• Product Development
• Breeding
• Plant Research
• Others
Plant Genotyping Equipment Market by End Use [Value from 2018 to 2030]:
• Laboratory
• Field
• Greenhouse
• Others
Plant Genotyping Equipment Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Plant Genotyping Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies plant genotyping equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the plant genotyping equipment companies profiled in this report include-
• Agilent Technologies
• AUM Lifetech
• AgBiome
• BGI Genomics
• Biome Makers Spain
• Eurofins Scientific
• Evogene
Recent Development in the Plant Genotyping Equipment Market
• Illumina: Launched a new high-throughput genotyping platform aimed at enhancing agricultural research efficiency and accuracy.
• Thermo Fisher Scientific: Introduced a next-generation sequencing solution tailored for plant genotyping, promising faster and more precise results.
• Qiagen: Partnered with leading agricultural institutes to develop a genotyping assay kit that enhances marker-assisted breeding in crops.
• LGC Limited: Expanded its plant genotyping service portfolio by integrating advanced bioinformatics tools for comprehensive data analysis.
• Agilent Technologies: Released a new microarray-based genotyping system optimized for large-scale crop genetics studies, offering robust performance and scalability.
Features of the Global Plant Genotyping Equipment Market
Market Size Estimates: Plant genotyping equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Plant genotyping equipment market size by type, application, end use, and region in terms of value ($B).
Regional Analysis: Plant genotyping equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the plant genotyping equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the plant genotyping equipment market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the plant genotyping equipment market size?
Answer: The global plant genotyping equipment market is expected to reach an estimated $1.1 billion by 2030.
Q2. What is the growth forecast for plant genotyping equipment market?
Answer: The global plant genotyping equipment market is expected to grow with a CAGR of 9.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the plant genotyping equipment market?
Answer: The major drivers for this market are increasing demand for precision agriculture and crop improvement technologies, rise in adoption of molecular breeding techniques for plant genetics research and growing application of genomics in understanding plant traits for better yield and resilience.
Q4. What are the major segments for plant genotyping equipment market?
Answer: The future of the plant genotyping equipment market looks promising with opportunities in the laboratory, field, and greenhouse markets.
Q5. Who are the key plant genotyping equipment market companies?
Answer: Some of the key plant genotyping equipment companies are as follows:
• Agilent Technologies
• AUM Lifetech
• AgBiome
• BGI Genomics
• Biome Makers Spain
• Eurofins Scientific
• Evogene
Q6. Which plant genotyping equipment market segment will be the largest in future?
Answer: Lucintel forecasts that SNP genotyping equipment is expected to witness the highest growth over the forecast period.
Q7. In plant genotyping equipment market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the plant genotyping equipment market by type (SNP genotyping equipment, DNA analyzer, real time PCR instrument, liquid handler, and other equipments), application (quality assessment, product development, breeding, plant research, and others), end use (laboratory, field, greenhouse, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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