Market Report Published | Global Soil Moisture Sensor Market Size, Share, & Forecast 2023-2030 - Analysis by RationalStat

The global soil moisture sensor market is expected to reach US$ 790 million by 2030, with an annual growth rate of more than 13.2%.

According to RationalStat's recent market analysis, the Global Soil Moisture Sensor Market value is asssessd at US$ 331.7 million in 2023 and is expected to rise at a strong CAGR of over 13.2% over the forecast period of 2023-2030.

Market Definition, Market Scope, and Report Overview

Soil moisture sensors were gaining popularity globally due to several factors related to agriculture, environmental monitoring, and water conservation. These sensors provide valuable data on soil moisture levels, allowing for more efficient and precise irrigation practices.

Some regions have implemented regulations and incentives to promote water-efficient farming practices. Government support and subsidies for adopting technologies like soil moisture sensors can drive their widespread adoption in agriculture.

According to a deep-dive market assessment by RationalStat, the global soil moisture sensor market has been analyzed on the basis of market segments, including sensor, connectivity, application and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

• Market intelligence for the global Soil Moisture Sensor market covers market sizes on the basis of market value (US$/EUR Million), volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

• In addition, the long-term sector and products/services 10-year outlook and its implications on the global Soil Moisture Sensor market. It also includes the industry's current state - Production levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Soil Moisture Sensor Market: Segmental and Market Share Analysis

• On the basis of sensor, tensiometers segment dominated the market in 2022 with 35% market share. These sensors are easy to use and provide accurate measurements and require little maintenance.

Report Synopsis
Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 331.7 Million
Market Size Forecast US$ 790 Million
Growth Rate 13.2%
Dominant Segment Tensiometers
Dominant Region North America

Key Market Drivers
• Government Initiatives and Regulations
• Growing awareness of sustainable agricultural practices

Companies Profiled
• Toro Company
• Campbell Scientific Inc.
• Spiio
• Sentek
• METER Group Inc.
• Irrometer Company Inc.
• Acclima Inc.
• IMKO Micromodultechnik GmbH
• Spectrum Technologies Inc.
• E.S.I. Environmental Sensors Inc.

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Competition Analysis and Market Structure

Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players.

• In January 2023: CropX Technologies purchased Tule Technologies. CropX now has access to additional data gathering technology, which improves AI forecasts and widens its market in California. Furthermore, with this acquisition, the company has increased its footprint and strengthened its business reach.

Some of the prominent players and suppliers operating and contributing significantly to the global soil moisture sensor market growth include Toro Company, Campbell Scientific Inc., Spiio, Sentek, METER Group Inc., Irrometer Company Inc., Acclima Inc., IMKO Micromodultechnik GmbH, Spectrum Technologies Inc., and E.S.I. Environmental Sensors Inc., among others.

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RationalStat has segmented the global soil moisture sensor market based on sensor, connectivity, application and region
• Global Soil Moisture Sensor Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Sensor
o Capacitance
o Probes
o Gypsum Blocks
o Tensiometers
o Granular Matrix Sensors
o Time Domain Transmissometry Sensors
• Global Soil Moisture Sensor Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Connectivity
o Wired
o Wireless
• Global Soil Moisture Sensor Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Application
o Agriculture
o Construction and Mining
o Residential
o Forestry
o Research Studies
o Sports
o Weather Forecasting
o Landscaping and Ground Care
• Global Soil Moisture Sensor Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Region
o North America Soil Moisture Sensor Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
 US
 Canada
o Latin America Soil Moisture Sensor Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
 Brazil
 Mexico
 Rest of Latin America
o Western Europe Soil Moisture Sensor Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
 Germany
 UK
 France
 Spain
 Italy
 Benelux
 Nordic
 Rest of Western Europe
o Eastern Europe Soil Moisture Sensor Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
 Russia
 Poland
 Hungary
 Other CIS Countries
 Rest of Eastern Europe
o Asia Pacific Soil Moisture Sensor Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
 China
 Japan
 India
 South Korea
 Australia
 ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
 Rest of Asia Pacific
o Middle East & Africa Soil Moisture Sensor Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
 GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
 South Africa
 Nigeria
 Turkey
 Rest of the Middle East & Africa

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Key Questions Answered in the Soil Moisture Sensor Report:
• What will be the market value of the global Soil Moisture Sensor market by 2030?
• What is the market size of the global Soil Moisture Sensor market?
• What are the market drivers of the global Soil Moisture Sensor market?
• What are the key trends in the global Soil Moisture Sensor market?
• Which is the leading region in the global Soil Moisture Sensor market?
• What are the major companies operating in the global Soil Moisture Sensor market?
• What are the market shares by key segments in the global Soil Moisture Sensor market?

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts' viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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