Global Soil moisture sensor Market to reach USD 564.54 million by 2027.Global Soil moisture sensor Market is valued approximately USD 225.61 million in 2020 and is anticipated to grow with a healthy growth rate of more than 14.0 % over the forecast period 2021-2027. (Market Definition) Soil moisture sensor measures the volumetric water content within soil which enables farmer to make precise decision related to agricultural activities. . (Drivers)Increasing adoption of soil moisture sensors in the agricultural sector fuel the market in the upcoming years. (Increasing demand for sensors in building and construction will fuel the market in the upcoming years) (Statistics).According To USDA NIFA Jingyi Huang (Soil Science, PI) and Joseph Andrews (Mechanical Engineering, co-PI) were recently awarded a grant to develop an improved soil sensor system to monitor nitrate leaching. The award will provide $299,800 over two years. The project involves combining affordable multi-functional multi-depth soil sensors and soil process models for real-time in situ nitrate leaching monitoring and water quantity and quality management. However, (Restraint) high manufacturing costs impede the growth of the market over the forecast period of 2021-2027. Also, (Opportunity) Eminent need for the measurement of water content is likely to increase the market growth during the forecast period.
The regional analysis of global Soil moisture sensor market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the significant region across the world in terms of market share owing to the greater adoption of sensors in agricultural sector and sports segments . Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as increasing awareness regarding the usage of soil moisture sensor among the armers. would create lucrative growth prospects for the Soil moisture sensor market across Asia-Pacific region.
Major market player included in this report are:
Acclima , Inc
Caipos Gmbh
Campbell Scientific Inc
Delta T devices Ltd.
ESI Environmental Sensors Inc
IMKO MicroModeltechnik GmbH
Irrometer Company Inc
Meter Group Inc USA
spectrum technologies Inc
Sentek
Smartrek Technologies Inc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Sensor:
Volumetric soil moisture sensor
Soil water Potential sensor
By Connectivity:
Wired
Wireless
By Application:
Agriculture
Construction and mining
Residential
Forestry
Landscaping and Ground care
Research studies
Sports
Weather forecasting
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Soil moisture sensor Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
