Soil Moisture Sensors Market: Industry Gowth at a CAGR of 14.6% to Outstrip USD 544.4 Million by 2030
Soil moisture sensors are common agricultural equipment that is used to measure the volumetric water content within the soil. Soil moisture sensors allows farmers to take important decisions during agricultural activities. This is also used by environmentalists for determining the drought conditions and understand the biodiversity. These sensors also have a key role in loam water profiling, civil engineering, pollution monitoring, and forestry. Due to these factors, the soil moisture sensors market is projected to generate a steady growth during the forecast period.
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Soil moisture sensors are easy to use. It helps farmers to measure moisture content in order to reduce negatives effects on environment. The COVID-19 outbreak has negatively affected the soil monitoring market. The partial or complete lockdown was imposed across various countries led to the shortage of devices and equipment for the soil monitoring market. However, the introduction of wireless soil moisture sensors is anticipated to offer lucrative opportunities for the growth of the global market during the foreseen period.
The Major Players Covered in the Report are:
Campbell Scientific Inc.
Delta-T Devices Ltd
Irrometer Company Inc.
METER Group Inc.
OTT Hydromet GmbH
Spectrum Technologies Inc.
Stevens Water Monitoring Systems Inc.
The Reader Will Find The Following Key Points From This Research Document:
Existing soil moisture sensors market size and overview
Market challenges and opportunities
End-consumer target groups and their potential volumes of operation
Best regions and segments to target
Touchpoints and an opportunity breakdown within the value chain
Market size and growth rate during the forecast period.
Key factors driving the market.
Key market trends cracking up the growth of the market.
Key vendors of market.
Detailed SWOT analysis.
Opportunities and threats faced by the existing vendors in the global soil moisture sensors market.
Trending factors influencing the market in the geographical regions.
Soil Moisture Sensors Market: Growth Driving Factors
The growth of soil moisture sensors market is driven by factors such as the growing adoption of smart agricultural equipment to boost the farm's productivity and reduce water consumption, the growing research activities in the field of agriculture and environment. The demand for low-cost sensors such as tensiometers and granular matrix for maintaining lawns is also bolstering the market growth. The development of wireless loam moisture sensors is also likely to create lucrative opportunities for the global market's growth over the forecast period. Moreover, the development of new technologies in detecting soil moisture conditions of potted plants, vegetable gardens, and lawns are also anticipated to positively influence the market growth.
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Soil Moisture Sensors Market: Market Segmentation
Based on sensors, the market is segmented into Volumetric Soil Moisture Sensors and soil water potential sensors. Volumetric Soil Moisture Sensors segment is sub-segmented into capacitance, probes, time domain transmissometry (TDT), soil water potential sensors, gypsum blocks, and tensiometers, and granular matrix. Soil water potential sensors segment is sub-segmented into gypsum blocks, tensiometers, and granular matrix detectors.
Based on connectivity, the market is categorized into wired and wireless.
Based on application, the market is bifurcated into agriculture, construction and mining, residential, forestry, landscaping and ground care, research studies, sports, and weather forecasting.
Based on geography, North America is holding the largest market share in global market due to heartbreaking outbreak of Covid-19 pandemic in the region. The market has experienced a growth due to increased sensor usage in the agriculture and sports industries in the region. However, strict environmental restrictions, growing adoption of precision farming, and yield monitoring practices by large and small farm owners are driving the market in North America.
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Asia-Pacific region is expected to record substantial growth in the global soil moisture sensors market with the highest CAGR. Key factors supporting this growth includes growing awareness associated with the usage of soil moisture sensors among farmers. Moreover, the availability of huge arable land in emerging countries such as China and India is anticipated to surge the utilization of soil moisture sensors. In addition, nations like Japan, Australia, India, and China are likely to generate considerable revenue over the forecast period in the global market.
The market is primarily segmented on the basis of sensors, connectivity, application, and region.
Soil Moisture Sensors Market: By Sensors Outlook
Volumetric Soil Moisture Sensors
Time Domain Transmissometry (TDT)
Soil Water Potential Sensors
Soil Moisture Sensors Market: By Connectivity Outlook
Soil Moisture Sensors Market: By Application Outlook
Construction and Mining
Landscaping and Ground Care
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