Soil Moisture Sensor Market Overviews
The Soil Moisture Sensor Market size was valued at USD 424.77 Mn. in 2023 and the total Global Soil Moisture Sensor revenue is expected to grow at a CAGR of 9.8% from 2024 to 2030, reaching nearly USD 839.34 Mn. by 2030.
To determine the volumetric content of water in the soil, utilize the soil moisture sensor. The soil moisture straight gravimetric dimension requires sample weighting, drying, and elimination. These sensors use indirect methods to estimate the volumetric water content, utilizing the soil's dielectric constant, electrical resistance, interaction with neutrons, and moisture content replacement. In 2022, the soil moisture sensor market size was estimated to be USD 251.9 million globally. Due in large part to the growing use of precision agriculture, the soil moisture sensor market in the United States grew rapidly in 2023. Due to their flexibility and ease of deployment, wireless sensors saw the quickest growth, but wired sensors maintained a majority share of 54.3% due to their dependability.
Soil Moisture Sensor Market Scope and Methodology:
Growing government initiatives supporting sustainable farming methods and improvements in agriculture technology have been the main drivers of the soil moisture sensor market's notable rise in 2023. The use of precision agricultural methods, which significantly rely on precise soil moisture data to optimize irrigation and raise crop yields, is driving the market's expansion. Leading the way are nations like China, India, Japan, and Australia, which have made large investments in Internet of Things (IoT)-based sensor technologies that improve farmers' decision-making processes and give real-time data.
Soil Moisture Sensor Market Regional Insights
In 2023, the Asia-Pacific region led the soil moisture sensor industry with the highest market share. Rapid industrialization in the region has led to an alarming depletion of natural resources, emphasizing the need for technological advancements like soil moisture sensors to facilitate proper irrigation in agricultural operations. As soil moisture sensors employ real-time system methods to assess profitable yield, countries in the region are estimated to witness high demand for sensors in the forecast period. Countries such as Japan, India, Australia, and China are expected to generate considerable revenue owing to the favorable government policies and rising disposable income of farmers.
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Soil Moisture Sensor Market Segmentation
The soil moisture sensor market is led by a number of sensor types in 2023, each of which has a distinct effect on the industry's expansion. Tensiometers continue to be a prominent segment because of their accuracy in determining the moisture content of soil. They are well-known for their capacity to measure soil water tension. These sensors give important information on the soil's capacity to retain water, information that is essential for enhancing agricultural yields and irrigation techniques. Their broad application in landscaping and agriculture ensures effective water use and minimizes waste, which fuels the expansion of the soil moisture sensor market.
Soil Moisture Sensor Market Key Players
Acclima, Inc. (USA)
Sensoterra (Netherlands)
HUNTER INDUSTRIES INC. (USA)
RIOT TECHNOLOGY CORP. (Canada)
Stevens Water Monitoring Systems (US)
SGS Group (Switzerland)
Meter Group (US)
Element Materials Technology (UK)
The Toro Company (US)
Campbell Scientific (US)
Sentek Technologies (Australia) Spectrum Technologies (US)
Irrometer Company (US)
Cropx Technologies (Israel)
Acclima (US)
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Key questions answered in the Soil Moisture Sensor Market are:
- What is Soil Moisture Sensor ?
- What was the Soil Moisture Sensor market size in 2023?
- What is the growth rate of the Soil Moisture Sensor Market?
- Which are the factors expected to drive the Soil Moisture Sensor market growth?
- What are the different segments of the Soil Moisture Sensor Market?
- What growth strategies are the players considering to increase their presence in Soil Moisture Sensor ?
- What are the upcoming industry applications and trends for the Soil Moisture Sensor Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Soil Moisture Sensor Market?
- Who are the leading companies and what are their portfolios in Soil Moisture Sensor Market?
- What segments are covered in the Soil Moisture Sensor Market?
- Who are the key players in the Soil Moisture Sensor market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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