(MENAFN- Ameliorate Digital Consultancy)
Market Overview:
The Global smart soil moisture sensor market size was valued at USD 38.47 Million in 2021 and is projected to reach USD 112.71 Million by 2028, growing at a CAGR of 16.6% from 2022 to 2028. The Analysis period 2023-2030
As the global population continues to grow exponentially, it gives rise to pressing challenges in terms of ensuring an adequate food supply. This has resulted in an increased demand for land acquisition for housing and subsequent water consumption in newly developed residential areas, potentially leading to decreased availability of key resources required for food production. Meeting the growing food demand remains a critical concern, necessitating technological advancements to enhance productivity and production quality. Among the key agricultural devices, smart soil moisture sensors have emerged as crucial tools for accurately measuring soil water content, enabling farmers to make informed decisions in agricultural planning. Smart soil moisture sensors not only assist in agricultural operations but also prove valuable for ecologists in identifying drought conditions and studying biodiversity in a given area. They find applications in various fields, including soil water conditions, pollution monitoring, civil engineering, and forestry.
Top Key Players in Smart Soil Moisture Sensor Market:
Acclima, Inc.,AquaCheck Pvt. Ltd,Campbell Scientific,Davis Instruments,Decagon Devices, Inc.,Delta-T Devices Ltd.,Husqvarna,Irrometer Company, Inc.,Meter Group,Parrot,Sentek Pvt. Ltd.,Stevens Water Monitoring System, Inc.,Streat Instruments,Toro Company, and other major players.
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Market Dynamics and Factors:
The growing automation in the irrigation industry is a significant driver of the smart soil moisture sensor market. As agricultural practices increasingly embrace automation and precision agriculture techniques, the need for accurate and real-time soil moisture data becomes paramount. Smart soil moisture sensors play a vital role in this context by providing precise measurements of soil water content, allowing for optimized irrigation strategies and efficient water management. By integrating smart soil moisture sensors with automated irrigation systems, farmers can achieve higher levels of control and efficiency in their irrigation processes. These sensors enable the automation of irrigation schedules based on real-time soil moisture data, ensuring that plants receive the optimal amount of water for their needs. This not only conserves water resources but also helps prevent overwatering or under-watering, leading to improved crop health, increased yields, and cost savings for farmers.
Investment opportunities in the IoT (Internet of Things) and sensors-based technologies present significant opportunities for investors. As the IoT continues to evolve and expand, the demand for connected devices and sensors is skyrocketing across various industries. This creates a vast market for innovative solutions and technologies that enable seamless connectivity and data collection. Investing in IoT and sensors-based technologies offers several advantages. these technologies have the potential to revolutionize industries such as healthcare, agriculture, manufacturing, transportation, and smart cities. They can improve operational efficiency, enhance decision-making processes, and enable predictive maintenance, leading to cost savings and improved productivity. The increasing adoption of sensors and IoT devices generates massive amounts of data.
The Report Will Include A Major Chapter
Patent Analysis Regulatory Framework Technology Roadmap BCG Matrix Heat Map Analysis Price Trend Analysis Investment Analysis
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Key Industry Development:
In Feb 2021, Davis Instruments and Pessl Instruments, two leading global manufacturers of weather stations, data collection hardware, and software for agriculture have partnered to integrate data from the Davis Instruments Enviro Monitor platform with Pessl Instruments Field Climate software, creating the most holistic suite of agriculture sensors and software on the market.
In June 2021, Husqvarna, expanded its investment in Robin Autopilot USA, this partnership will help Husqvarna streamline the deployment of its robotic lawnmowers using Robin Autopilot's Robotics-as-a-Service (RaaS) platform. The goal of the collaboration is to offer homeowners a more environmentally friendly and quiet lawn care solution.
Smart Soil Moisture Sensor Market Report Highlight:
By Type, volumetric soil moisture sensors are expected to show significant growth over the forecast period in Smart Soil Moisture Sensor Market, due to their ability to provide accurate and precise measurements of soil water content, enabling efficient irrigation practices and water management in agricultural and environmental applications. By Application, the agricultural segment is estimated to develop the fastest, due to the increasing adoption of precision farming techniques, which rely on accurate soil moisture data for optimized irrigation practices, water conservation, and improved crop productivity. The North American region is expected to have the highest share of the Smart Soil Moisture Sensor market over the projected period, due to factors such as advanced agricultural practices, increasing adoption of precision farming techniques, and a strong emphasis on water conservation in agricultural practices.
Central to our report are the company profiles and competitive analysis, providing insights into market players' overview, market roles, and operating business segments. We evaluate their financial performance, production volume, sales volume, and sales margin while highlighting recent market developments. Our market research offers invaluable intelligence and strategic insights to drive informed decision-making. By capitalizing on emerging opportunities and understanding the competitive landscape, our report empowers businesses to thrive in the Global Smart Soil Moisture Sensor Market.
Smart Soil Moisture Sensor Market Segmentation:
By Type
Volumetric Soil Moisture Sensors Soil Water Potential Sensors Solid State Sensors
By Application
Agriculture Landscaping Sports Turf & Entertainment Others
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For this report, Introspective Market Research has segmented the Smart Soil Moisture Sensor Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
Eastern Europe
Bulgaria The Czech Republic Hungary Poland Romania Rest of Eastern Europe
Western Europe
Germany UK France Netherlands Italy Russia Spain Rest of Western Europe
Asia Pacific
China India Japan South Korea Malaysia Thailand Vietnam The Philippines Australia New Zealand Rest of APAC
Middle East & Africa
Turkey Bahrain Kuwait Saudi Arabia Qatar UAE Israel South Africa
South America
Brazil Argentina Rest of SA
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Scope of the Report:
The latest research on the Smart Soil Moisture Sensor market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Smart Soil Moisture Sensor industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Smart Soil Moisture Sensor market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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