Plant Biotechnology Equipment Market size was valued at USD 15.2 Billion in 2024 and is projected to reach USD 30.5 Billion by 2033, exhibiting a CAGR of 8.5% from 2026 to 2033.
The global plant biotechnology equipment market was valued at approximately USD 8.5 billion in 2022, with an expected compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. The market is driven by the increasing demand for genetically modified crops, the growing need for efficient agricultural practices, and advancements in plant genetic engineering. This growth is also supported by innovations in plant tissue culture, genomics, and breeding technologies. The rising focus on food security and sustainable agricultural solutions, combined with the expanding adoption of biotechnology tools for crop improvement, contributes to the robust demand for plant biotechnology equipment across the globe.
Regionally, North America holds a significant share of the plant biotechnology equipment market, contributing over 40% of the global revenue in 2022. This dominance is attributed to the extensive research and development activities, strong government support for biotechnology initiatives, and the presence of key research institutions in the region. Europe is also witnessing substantial growth, accounting for around 25% of the market share, driven by increasing investments in agricultural biotechnology and food security projects. The Asia Pacific region is expected to grow at the highest CAGR of 9.2% during the forecast period, propelled by growing agricultural needs, government initiatives in biotech research, and the increasing application of biotechnology in countries like China and India. These regional dynamics present lucrative opportunities for stakeholders in the plant biotechnology equipment market, as the focus on sustainable agricultural solutions continues to rise globally.
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Keygene(Netherlands)
Heinz Walz GmbH (Germany)
LemnaTec(Germany)
Photon Systems Instruments(Czech Republic)
Qubit Systems (Canada)
Thermo Fisher Scientific (US)
Tecan Group (Switzerland)
LabRepCo (US)
Geneq (Canada)
Illumina (US)
LGC Limited (UK)
Evogene (Israel)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Plant Biotechnology Equipment Market
Manual Rising Bollards
Automatic Rising Bollards
Surface Mounted
Underground Mounted
Commercial
Residential
Government
Industrial
Hydraulic
Electric
Pneumatic
Security
Traffic Control
Access Control
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Plant Biotechnology Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Plant Biotechnology Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Plant Biotechnology Equipment Market, By Type
6. Global Plant Biotechnology Equipment Market, By Application
7. Global Plant Biotechnology Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Plant Biotechnology Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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