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Soil Moisture Sensors Market worth $858.76 million by 2030, growing at a CAGR of 13.46% - Exclusive Report by 360iResearch
Soil Moisture Sensors Market | 360iResearch
The Global Soil Moisture Sensors Market to grow from USD 354.68 million in 2023 to USD 858.76 million by 2030, at a CAGR of 13.46%.
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Soil moisture sensors are critical tools used in various agricultural, environmental, and industrial applications to measure the water content in soil. These sensors help in efficient water management, preventing water wastage and ensuring the optimal growth of crops. With the advancement of technology, soil moisture sensors have become more accurate, affordable, and user-friendly, leading to widespread adoption across multiple sectors. The soil moisture sensors market has been witnessing significant growth, propelled by the increasing demand for enhanced agricultural productivity amid growing population concerns and the pressing need for water conservation. As a result, these sensors are now integral components of precision agriculture, wherein they contribute valuable data to guide irrigation scheduling and crop management practices. However, high sensor costs, coupled with limited technical knowledge among the farming community in developing countries, are some barriers to the adoption of soil moisture sensors. Additionally, variable soil conditions, which may affect sensor accuracy, are a concern that vendors need to address. Furthermore, smart farming techniques that integrate information and communication technology into the agricultural process fueled the market growth. Soil moisture sensors are leveraged by the integration of IoT and data analytics techniques into soil monitoring.
The American region has been a prominent market for soil moisture sensors due to its advanced agricultural technologies, a strong emphasis on water conservation, and the presence of leading manufacturers in the sector. In this region, the United States holds a significant share of the regional market, driven by its large-scale farming operations and heightened adoption of precision agriculture techniques. Moreover, governmental support through various programs and initiatives to promote efficient water usage adds to the growth prospects in this region. Europe's market for soil moisture sensors is primarily bolstered by the region's progressive environmental policies and the push toward sustainable farming practices. France, Germany, and the Netherlands are active in this domain, wherein farmers and agriculturists increasingly leverage sensor technology for optimized irrigation management. The European Union's strict regulations on water usage also play a crucial role in fueling technological integration in the agricultural sector. The Middle East (ME) and Africa region is witnessing growing interest in soil moisture sensing technologies, particularly due to water scarcity issues and the need for optimum water resource management. These countries are heavily investing in research and development, paving the way for advanced soil moisture sensor products. The Asia-Pacific region exhibits dynamic growth in the soil moisture sensor market, attributed to the burgeoning population, escalating food demand, and the increasing adoption of modern farming techniques, especially in emerging economies such as China, India, and Japan. These factors are resulting in a transition from traditional agricultural approaches to more data-driven and technology-led farming methods, which inherently include the uptake of soil moisture sensors for better crop monitoring and water management.
Market Segmentation & Coverage:
This research report categorizes the Soil Moisture Sensors Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Soil Water Potential Sensors and Volumetric Soil Moisture Sensors. The Soil Water Potential Sensors is further studied across Granular Matrix, Gypsum Blocks, and Tensiometers. The Volumetric Soil Moisture Sensors is further studied across Capacitance, Probes, and Time Domain Transmissometry (TDT). The Soil Water Potential Sensors is projected to witness significant market share during forecast period.
Based on Connectivity, market is studied across Wired and Wireless. The Wired is projected to witness significant market share during forecast period.
Based on Application, market is studied across Agriculture, Construction & Mining, Forestry, Landscaping, Research Studies, Residential, Sports Turf, and Weather Forecasting. The Agriculture is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.15% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Soil Moisture Sensors Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Soil Moisture Sensors Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Soil Moisture Sensors Market, highlighting leading vendors and their innovative profiles. These include Acclima, Inc., AliaTerra, AquaCheck Ltd., Auro Electronics (india) Pvt. Ltd., Campbell Scientific, Inc., CropX Inc., Delmhorst Instrument Co., Delta-T Devices Ltd., Dynamax Inc., E.S.I. Environmental Sensors, Hunan Rika Electronic Tech Co.,Ltd., Irrometer Company, Inc., Meter Group, MoistTech Corp., PCE Instruments UK Ltd., SDEC France, Sentek Pty. Ltd., SGS S.A., Shandong Renke Control Technology Co.,Ltd., Soil Scout Oy, Spectrum Technologies, Inc., Stevens Water Monitoring Systems, Inc., Teledyne FLIR LLC, The Toro Company, and VWR International, LLC by Avantor Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Soil Moisture Sensors Market, by Type
7. Soil Moisture Sensors Market, by Connectivity
8. Soil Moisture Sensors Market, by Application
9. Americas Soil Moisture Sensors Market
10. Asia-Pacific Soil Moisture Sensors Market
11. Europe, Middle East & Africa Soil Moisture Sensors Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Soil Moisture Sensors Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Soil Moisture Sensors Market?
3. What is the competitive strategic window for opportunities in the Soil Moisture Sensors Market?
4. What are the technology trends and regulatory frameworks in the Soil Moisture Sensors Market?
5. What is the market share of the leading vendors in the Soil Moisture Sensors Market?
6. What modes and strategic moves are considered suitable for entering the Soil Moisture Sensors Market?
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