Global Soil Monitoring System Industry: Post-COVID Growth Opportunity Analysis, Key Players | Campbell Scientific, CropX Technologies, and Earth Observing System.

The global Soil Monitoring System market size is expected to reach $940.7 Million by 2028 growing at the CAGR of 12.31% from 2021 to 2028.

Growth of the global soil monitoring system market is being led by an increasing demand for more crops on a single piece of land. In addition to this, significant investments in high-end technological equipment related to precision agriculture systems have created an opportunity for more efficient management of nutrients and water among other things on farmland. Moreover, governments in emerging markets are encouraging farmers to adopt soil monitoring systems to ensure they meet food security and sustainability goals that they have set per annum.

However, infrastructural and manpower issues may create challenges in adopting soil monitoring systems and potentially slow down the market's growth over the forecast timeframe.

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Key Players

Some of the major Soil Monitoring System players holding high market share include Campbell Scientific, CropX Technologies, and Earth Observing System. These players use acquisition and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● Campbell Scientific
● CropX Technologies
● Earth Observing System
● Earth Observing System
● Element Material Technology
● Manx Technology Group
● METER Group
● SGS Group
● Spectrum Technologies
● Stevens Water Monitoring Systems Inc.

The recently published research report on Global Soil Monitoring System 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 Monitoring System 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 Monitoring System market report also includes the following data points:
● COVID19 Impact on Soil Monitoring System 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 Monitoring System market

Segmental Analysis

Market Segment By Component with focus on market share, consumption trend, and growth rate of Soil Monitoring System Market:
o Hardware
o Software
o Service
o Others

Market Segment By Application with the focus on market share, consumption trend, and growth rate of Soil Monitoring System Market:
o Agriculture
o Archaeology
o Research
o Construction & Mining
o Others

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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 Americas held the largest share of the global soil monitoring market. The presence of leading agriculture tech companies such as The Toro Company, Campbell Scientific, Stevens Water Monitoring Systems, etc. is one of the primary reasons for its large share of the market. Asia Pacific is expected to witness a high growth rate during the forecast period due to the rapid increase in active investments made by countries like Australia, New Zealand and Japan with emerging markets like India and China investing heavily into digitizing their agriculture sector.

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