Soil Moisture Sensor Market: Global and Regional Analysis with Forecast till 2028, Business Opportunities, Post COVID Scenario

The global Soil Moisture Sensor market is expected to reach $971.08 Million by 2028 growing at the CAGR of 12.82% from 2021 to 2028.

Increasing the adoption of soil moisture sensors by the agricultural sector to enhance the farm’s productivity and reduce water consumption is expected to drive market growth over the forecast period.

Moreover, these sensors also help in avoiding irrigation issues through constant monitoring, which in turn is spurring the growth of the market. The introduction of new technologies that aid residential owners to monitor soil moisture condition of potted plants, vegetable gardens, and lawns are also expected to drive this market.

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Key Players

Some of the major Soil Moisture Sensor players holding high market share include Acclima Inc., Delta-T Devices Ltd, and METER Group Inc. These players use partnership and expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● Acclima Inc.
● Delta-T Devices Ltd
● METER Group Inc.
● OTT Hydromet GmbH
● SDEC
● Smartcultiva Corporation
● Spectrum Technologies Inc.
● Stevens Water Monitoring Systems Inc.
● Trellis
● Vegetronix Inc.

The recently published research report on Global Soil Moisture Sensor Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Soil Moisture Sensor market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Soil Moisture Sensor market report also includes the following data points:
● COVID19 Impact on Soil Moisture Sensor market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in Soil Moisture Sensor market

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Segmental Analysis

Market Segment By Product with focus on market share, consumption trend, and growth rate of Soil Moisture Sensor Market:
o Tensiometric
o Volumetric
o Solid-State Sensors

Market Segment By Type with focus on market share, consumption trend, and growth rate of Soil Moisture Sensor Market:
o Analog
o Digital

Market Segment By Application with a focus on market share, consumption trend, and growth rate of Soil Moisture Sensor Market:
o Agriculture
o Research

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Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

The soil monitoring market has been dominated by the Americas for over two decades now and is expected to continue with its dominance in the coming years. This is due to the presence of large agriculture tech companies in this region such as Toro Corporation that ensures high penetration for this market in North America. Though Asia Pacific's share is anticipated to rise rapidly in the next six years, it will be hard to overtake the Americas' hold on this market.

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