The global precision viticulture market size was US$ 1.1 billion in 2021. The global precision viticulture market is forecast to grow to US$ 3.1 billion by 2030 by registering a compound annual growth rate (CAGR) of 7.9% during the forecast period from 2022 to 2030.

Factors Influencing the Market
Precision viticulture primarily focuses on increasing the production of the wine-growing region by allowing better monitoring and control. Precision wine-growing involves the use of cutting-edge equipment and systems such as drones, application controls, guides, and driverless tractors, which are highly required to improve grape productivity and yield quality. Thus, such advancements are expected to have a high scope of growth in the coming years.
Technology penetration, such as VRT and guidance, benefit the farmers in several ways. Field monitoring allows farmers to take appropriate measures to reduce waste or crop failure. Because grape quality is important to winemakers, they tend to use advanced technology to thoroughly monitor grapes grown. Thus, such factors will boost the growth of the market.
The rising demand for wine and different flavors will benefit the precision viticulture market during the study period. In addition to that, rapidly growing exhaustion of natural resources and environmental deterioration are major challenges associated with cultivation. Further, growing environmental concerns will emphasize more on the adoption of sustainable viticulture practices, which will escalate the growth of the precision viticulture market during the forecast period.
Precision viticulture requires technical knowledge. Lack of knowledge among workforce may limit the growth of the precision viticulture market during the forecast period.

COVID-19 Impact Analysis
Due to the COVID-19 outbreak, precision viticulture practices drastically declined due to the reduction in the demand from end-users. Moreover, manufacturing disruptions and import-export bans impeded the demand for precision viticulture.

Regional Analysis
Europe is forecast to hold the highest market share in the global precision viticulture market, followed by Asia-Pacific. Countries such as Spain, France, and Italy are expected to emerge as major contributors to regional development. They have a long history of developing working wineries and vast vineyards, and are pioneers in the production of wine grapes.

Competitors in the Market
John Deere
Trimble
Topcon
Deveron UAS
TeeJet Technologies
Groupe ICV
TracMap
QuantisLabs
Terranis
Ateknea Solutions
AHA Viticulture
AG Leader Technology
Other Prominent Players

Market Segmentation
The global precision viticulture market segmentation focuses on Technology, Application, Product, and Region.
Based on Technology
Guidance systems
o Global positioning system (GPS)
o Geographic information system (GIS)
Remote sensing
o Handheld
o Satellite sensing
Variable-rate technology
Based on Application
Yield monitoring
o On-farm
o Off-farm
Field mapping
o Boundary mapping
o Drainage mapping
Crop scouting
Weather tracking & forecasting
Irrigation management
Inventory management
Farm labor management
Financial management
Others (demand forecasting, customer management, and profit center analysis)
Based on Product/Service
Hardware
o Automation & control systems
o Sensing & monitoring devices
Software
o Local/Web-based
o Cloud-based
Services
o System integration and consulting
o Managed services
? Farm operation services
? Data services
? Analytics services
o Connectivity services
o Assisted professional services
? Supply chain professional services
? Climate information services
? Others (financial management and inventory management services)
o Maintenance & support
By Regional Outlook
? North America
o The U.S.
o Canada
o Mexico
? Europe
? Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
? Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
? Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
? Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
? South America
o Brazil
o Argentina
o Rest of South America