Global Smart Soil Moisture Sensor Market size was valued at USD 38.47 Million in 2021 and is projected to reach USD 112.71 Million by 2028, growing at a CAGR of 16.6% from 2022 to 2028.
Due to the dynamic challenges associated with feeding a population that is expanding exponentially, more land is being purchased for housing and more water is being consumed in these newly constructed residential areas. Therefore, it is anticipated that the essential resources needed for food production would decline in the future. Producing the necessary amount of food continues to be a major problem. In order to increase productivity and production quality, technical advancement is crucial. One of the most common agricultural tools for determining the volumetric water content of the soil is a smart soil moisture sensor. Farmers can plan their agricultural operations more accurately thanks to smart soil moisture sensors. Additionally, these sensors are helpful tools for ecologists to recognise drought conditions and comprehend the local ecology. Additionally, they are crucial in monitoring pollution, civil engineering, forestry, and soil and water conditions. Additionally, this product promotes market expansion by continuously monitoring irrigation systems to help prevent irrigation issues.
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The Major Players in The Global Smart Soil Moisture Sensor Market:
- Acclima, Inc.
- AquaCheck Pvt. Ltd
- Campbell Scientific
- Davis Instruments
- Decagon Devices, Inc.
- Delta-T Devices Ltd.
- Irrometer Company, Inc.
- Meter Group
- Sentek Pvt. Ltd.
- Stevens Water Monitoring System, Inc.
- Streat Instruments
- Toro Company, and other major players.
Market has segmented the Global Smart Soil Moisture Sensor Market on the basis of type, application, and region:
- Volumetric Soil Moisture Sensors
- Soil Water Potential Sensors
- Solid State Sensors
- Sports Turf & Entertainment
By Regional Outlook (Revenue, USD Billion, 2022 – 2028)
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
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Covid-19 Impact and Recovery Analysis on Industry:
Due to supply chain interruptions that result in a lack of equipment, including equipment for the surveillance sector, the impact of COVID-19 is anticipated to last for a short while. near the surface. The COVID-19 pandemic is probably less likely to have an impact on agricultural operations now thanks to advancements in sensing, imaging, and remote monitoring. In the post-COVID-19 environment, there may be a substantial demand for remote sensing, imaging, and surveillance. Some manufacturers of equipment anticipate modest growth in the first three quarters of fiscal 20-21 and possible increase in the fourth. Major producers of agricultural equipment like John Deere, AGCO, and CNH have reduced their sales projections for the first half of a result of supply chain interruptions in fiscal 20–21. However, even during the epidemic, demand for connected agriculture and telecoms has showed encouraging rise.
The COVID-19 epidemic may hasten the use of IoT-based equipment for both agricultural and non-agricultural applications. In the medium and long term, it is anticipated that the number of linked agricultural machines would increase in a positive manner. The last quarter of 2020, when the demand for sensors and images may increase noticeably, is when the smart soil moisture sensor market is anticipated to rebound.
Reasons to purchase the report:
- Visualize the composition of the Global Smart Soil Moisture Sensor Market products in terms of Product and application highlighting the critical commercial assets and players.
- Identify commercial opportunities in the Global Smart Soil Moisture Sensor Market by analyzing trends and co-development deals.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Table of Content:
Chapter 1: Introduction 1.1 Research Objectives 1.2 Research Methodology 1.3 Research Process 1.4 Scope and Coverage 1.4.1 Market Definition 1.4.2 Key Questions Answered 1.5 Market Segmentation Chapter 2:Executive Summary Chapter 3:Growth Opportunities By Segment 3.1 By Type 3.2 By Application To be continued…….
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