DUBLIN–(BUSINESS WIRE)–The “Plant
Biotechnology Equipment Market Size, Share & Trends Analysis Report By
Plant Phenotyping, By Plant Genotyping, By Cell Culture, By Smart Farm
Equipment, By Region, And Segment Forecasts, 2018 – 2025”
report has been added to ResearchAndMarkets.com’s
The global plant biotechnology equipment market size is estimated to
reach USD 18.35 billion by 2025 and is likely to expand at a CAGR of
12.8% over the forecast period.
High demand for transgenic crops and biofuel is driving the market
growth. Demand for transgenic crops has been rising owing to various
benefits, such as improvement in yield, productivity, and quality of
output and development of insect-resistant cultivars in crops.
In transgenic plants, one or more species are introduced in the genome
using genetic engineering processes. Inserting a combination of genes in
a plant makes it more productive. Transgenic plants are also produced to
cater to particular needs of pharmaceutical sector. Advent of various
genetic engineering processes is expected to drive the market growth
over the forecast period.
Advanced techniques, such as next-generation DNA sequencing, can be
availed by breeders to boost the rate of genetic improvement by
molecular breeding. Plant cell culture methods can also be used for
enhancing food grain quality and for increasing food production. These
methods are also useful for postharvest applications of food materials.
Plant biotech equipment, such as plant phenotyping equipment, cell
culture equipment, and smart farm equipment, can play an instrumental
role in these methods.
Advances in biotechnology and rising use of biotech equipment for
biofuel production are anticipated to further drive the growth of the
plant biotech equipment market over the forecast period. Biofuel is
gaining popularity due to rising crude oil prices and uncertainty in
fuel supply stemming from depleting natural resources. Biofuel is
considered as one of the alternatives to fossil fuels owing to its
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Industry Outlook
Chapter 4 Plant Biotechnology Equipment Market: Plant Phenotyping
Equipment Estimates & Trend Analysis
Chapter 5 Plant Biotechnology Equipment Market: Plant Genotyping
Chapter 6 Plant Biotechnology Equipment Market: Plant Cell Culture
Chapter 7 Plant Biotechnology Equipment Market: Smart Farm Equipment
- Thermo Fisher Scientific, Inc.
- Tecan Group Ltd.
- TAVA Systems (a division of Zwart Systems)
- Saga Robotics
- LGC Limited
- Merck Group
- SMO bvba
- Geneq, Inc.
- Illumina, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/s7pzfp/plant?w=4
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