Agriculture Sensor Market Size Projected To Reach $4.33 Billion By 2034 With A Cagr Of 15.8%

The Agriculture Sensor Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Agriculture Sensor Market?
Rapid expansion has been observed in the size of the agriculture sensor market in the past few years. A rise from $2.06 billion in 2024 to $2.41 billion in 2025 is expected, marking a compound annual growth rate (CAGR) of 16.9%. Factors contributing to the growth during the historical phase include global population growth, government policies and subsidies, the adoption of precision agriculture, climate change, environmental worries, and an increase in crop losses.

In the upcoming years, the agricultural sensor market is anticipated to experience significant expansion. It is projected to elevate to $4.33 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 15.8%. This escalation for the forecasted period can be credited to the rise of new markets, mounting demand for automation and agricultural yields, adherence to smart farming methods, and an increase in funds from both public and private sectors. The forecast period also highlights trends such as multi-parameter sensors, edge computing, artificial intelligence (AI) and machine learning, remote sensing, and IoT-enabled sensors.

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What Are the Different Agriculture Sensor Market Segments?
The agriculture sensor market covered in this report is segmented -

1) By Sensor Type: Humidity Sensor, Electrochemical Sensor, Mechanical Sensor, Optical Sensor, Pressure Sensor, Water Sensor, Soil Sensor, Location Sensor
2) By Application: Soil Monitoring, Yield Mapping and Monitoring, Disease Detection and Control, Weed Mapping, Other Applications

Subsegments:
1) By Humidity Sensor: Capacitive Humidity Sensors, Resistive Humidity Sensors, Thermal Conductivity Humidity Sensors
2) By Electrochemical Sensor: pH Sensors, Gas Sensors, Nutrient Sensors
3) By Mechanical Sensor: Force Sensors, Pressure Sensors, Load Cells
4) By Optical Sensor: Spectral Sensors, Color Sensors, Image Sensors
5) By Pressure Sensor: Absolute Pressure Sensors, Gauge Pressure Sensors, Differential Pressure Sensors
6) By Water Sensor: Water Level Sensors, Water Quality Sensors, Soil Moisture Sensors
7) By Soil Sensor: Soil Temperature Sensors, Soil Moisture Sensors, Soil Nutrient Sensors
8) By Location Sensor: GPS Sensors, RFID Sensors, Beacon Sensors

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What Are the Primary Drivers Shaping the Agriculture Sensor Market?
The agricultural sensor market's growth is anticipated to be fuelled by the rising implementation of smart farming techniques. Utilized extensively in intelligent farming for tasks like measuring leaf moisture and trunk diameter, weather prediction, and dispersing pesticides and insecticides, among other things, agricultural sensors are becoming increasingly popular. The sensor's advantages, such as simple installation, cost-effectiveness, pollution and global warming reduction, and remote controllability, have triggered a sudden increase in the use of sensor-related technologies in farming applications. For example, smart farming practices are projected to generate up to $11 trillion worldwide in economic benefits by 2025, according to a study by the business and economic research unit of McKinsey Global Institute. Therefore, the agricultural sensor market is predicted to grow rapidly during the forecast period, driven by the swift increase in intelligent farming technique adoption among farming communities.

Which Companies Are Leading in the Agriculture Sensor Market?
Major companies operating in the agriculture sensor market include Libelium Comunicaciones Distribuidas S.L., Auroras, Acuity Agriculture, Pycno, AgSmarts Inc., edyn Limited, Acclima Inc., CAIPOS GmbH, Vegetronix Inc., Sentek Pty Ltd., AquaSpy Inc., CropX, Ag Leader Technology, Sol Chip Ltd., Sentera LLC, dol-sensors A/S, Glana Sensors AB, Monnit Corporation, Sensoterra, Phytech Ltd., Stellapps Technologies Pvt. Ltd., Mastiline Electronics, CanopyBoulder, Motorleaf Inc., Spensa Technologies Inc., FieldIn, Saturas Ltd., Farmobile LLC, Grassometer, Farmers Edge Inc., Advanced Animal Diagnostics Inc., Granular Inc., Trace Genomics, Arable Labs Inc., CropMetrics LLC, AgriData Inc.

What Are the Major Trends Shaping the Agriculture Sensor Market?
The rise of cutting-edge technologies is a prominent trend in the agriculture sensor market increasingly gaining traction. The leading actors in this market are intent on devising innovative products that utilize these emerging technologies and cost-effective attributes to cater to the escalating demand for smart farming technologies and solutions on a global scale. For example, in July 2024, Veris Technologies, a US-based producer of precision agricultural sensors and controls, introduced an innovative automated soil sensor probe called CoreScan. This cutting-edge tool offers unparalleled understanding of soil composition, thereby empowering farmers to make enlightened and profitable decisions. With its sophisticated sensor technology, CoreScan produces highly detailed maps that reveal soil compaction, nutrient and water storage, organic material, carbon levels, and further details. By revealing previously hidden yield restrictions, this revolutionary instrument has the potential to change soil management techniques.

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What Are the Top Revenue-Generating Geographies in the Agriculture Sensor Market?
North America was the largest region in the agriculture sensor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the agriculture sensor market share during the forecast period. The regions covered in the agriculture sensor market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Agriculture Sensor Market?
2. What is the CAGR expected in the Agriculture Sensor Market?
3. What Are the Key Innovations Transforming the Agriculture Sensor Industry?
4. Which Region Is Leading the Agriculture Sensor Market?

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