Agriculture Sensing & Monitoring Devices Market Forecasts to 2030 - Global Analysis By Device Type, Connectivity, Deployment Type, Technology, Application, End User and By Geography

According to Stratistics MRC, the Global Agriculture Sensing & Monitoring Devices Market is accounted for $12.58 billion in 2024 and is expected to reach $20.53 billion by 2030 growing at a CAGR of 11.8% during the forecast period. Agriculture sensing and monitoring devices are technological tools designed to enhance agricultural practices by collecting and analyzing data related to various environmental and crop conditions. They enable farmers to make informed decisions, optimize resource usage, and improve yield by providing real-time insights into field conditions. By integrating precision agriculture techniques, these devices contribute to sustainable farming practices and increased efficiency in food production.

According to the global Ag-tech adoption survey of 5,500 farmers collated by secondary sources, 67% of the respondents cited an increase in input prices as their top concern for reduced profitability.

Market Dynamics:

Driver:

Growing global population and food demand

As populations rise, particularly in developing regions, there is a pressing need to enhance agricultural productivity and ensure food security. Precision agriculture technologies, including sensing and monitoring devices, enable farmers to optimize resource use, improve crop yields, and reduce waste. By providing real-time data on soil conditions, weather patterns, and crop health, these devices help farmers make informed decisions, ultimately leading to more efficient farming practices. This trend encourages investment in advanced technologies, further propelling market growth in the agricultural sector.

Restraint:

Lack of technical expertise

The lack of technical expertise in Agriculture Sensing & Monitoring Devices arises from insufficient training and education in advanced agricultural technologies among farmers and agricultural workers. Many smallholder farmers are unfamiliar with operating sophisticated devices or interpreting data analytics, limiting their ability to utilize these tools effectively. This knowledge gap hampers market growth by reducing adoption rates of precision agriculture technologies, preventing potential productivity improvements.

Opportunity:

Rising awareness of sustainable farming practices

Rising awareness of sustainable farming practices encourages farmers to adopt innovative technologies that enhance efficiency and reduce environmental impact. As consumers increasingly demand sustainably sourced products, farmers are motivated to implement precision agriculture solutions that optimize resource use, such as water and fertilizers. Sensing and monitoring devices provide real-time data to track soil health, crop conditions, and environmental factors, enabling informed decision-making. This shift towards sustainable practices not only improves crop yields and profitability but also aligns agricultural operations with global sustainability goals, fostering market expansion.

Threat:

Interoperability issues

Interoperability issues in agriculture sensing and monitoring devices arise from the lack of standardization across different technologies and platforms. Various manufacturers produce devices with proprietary protocols, making it challenging for farmers to integrate multiple systems and tools effectively. This complexity can lead to data silos, where valuable information remains isolated and underutilized. As a result, these challenges can slow market growth and discourage investment in advanced agricultural technologies.

Covid-19 Impact

The covid-19 pandemic significantly impacted the Agriculture Sensing & Monitoring Devices market by disrupting supply chains and delaying product launches. However, it accelerated the adoption of digital technologies as farmers sought efficient solutions to manage labor shortages and optimize operations remotely. Increased focus on food security and sustainable practices led to heightened interest in precision agriculture. Moreover, government initiatives to support agriculture during the pandemic further stimulated investment in advanced sensing technologies, driving long-term growth in the market.

The yield monitoring segment is expected to be the largest during the forecast period

The yield monitoring segment is predicted to secure the largest market share throughout the forecast period. Yield monitoring applications utilize agriculture sensing and monitoring devices to collect real-time data on crop yields during harvesting. By providing insights into productivity, farmers can identify high-performing areas, optimize resource allocation, and make informed decisions for future planting. Yield monitoring enhances overall farm efficiency and profitability, helping farmers to improve crop management practices and contribute to sustainable agriculture by minimizing waste and maximizing output.

The infrared sensors segment is expected to have the highest CAGR during the forecast period

The infrared sensors segment is anticipated to witness the highest CAGR during the forecast period. Infrared sensors play a crucial role in agriculture sensing and monitoring devices by providing valuable data on plant health and environmental conditions. These sensors detect infrared radiation emitted from plants, allowing farmers to assess temperature variations and moisture levels. This technology enhances precision agriculture practices, promotes efficient resource use, and contributes to improved crop yields, ultimately supporting sustainable farming and food production.

Region with largest share:

Asia Pacific is expected to register the largest market share during the forecast period due to increasing agricultural production demands and the need for efficient resource management. Countries like China, India, and Japan are investing in advanced technologies to enhance crop yield and sustainability. The proliferation of smart phones and IoT connectivity further facilitates the adoption of smart farming solutions. Additionally, government initiatives promoting digital agriculture and precision farming are boosting market expansion.

Region with highest CAGR:

North America is projected to witness the highest CAGR over the forecast period driven by advancements in technology and increasing demand for sustainable farming practices. The U.S. and Canada lead in adopting precision agriculture solutions, leveraging sensors, drones, and IoT devices to optimize crop yields and resource management. Additionally, the growing awareness of food security and environmental sustainability is pushing farmers toward data-driven decision-making. Government support through subsidies and initiatives promoting smart farming further enhances market prospects.

Key players in the market

Some of the key players profiled in the Agriculture Sensing & Monitoring Devices Market include Trimble Inc., John Deere, AG Leader Technology, AeroFarms, AGCO Corporation, Farmers Edge, Hexagon Agriculture, Agri-Tech East, SoilOptix, ZedX Inc., Corteva, Raven Industries, CropX, SenseFly, Taranis and OAKEN.

Key Developments:

In October 2024, OAKEN introduced an innovative digital platform designed specifically for farmers who manage multiple land leases. The platform provides data management capabilities that allow farmers to analyze their land use, crop yields, and other critical metrics. This data-driven approach helps in making informed decisions about resource allocation and operational improvements.

In August 2024, AGCO introduced its Symphony Spraying product and Radicle Agronomics soil sampling logistics suite, designed to enhance precision agriculture by providing localized soil data and improved application technology. Together, these products represent AGCO's commitment to enhancing agricultural productivity through technological innovation, offering farmers tools that not only improve crop management but also promote sustainable practices.

Device Types Covered:

• Sensors
• Unmanned Aerial Vehicles
• Drones
• Robotics
• Livestock Monitoring Wearables
• Other Device Types

Connectivities Covered:

• Wired
• Wireless
• Bluetooth
• Wi-Fi
• Cellular
• Other Connectivities

Deployment Types Covered:

• On-premise
• Cloud-based

Technologies Covered:

• GPS/GNSS Technology
• Remote Sensing
• Satellite Imaging
• Optical Sensors
• Ultrasonic Sensors
• Infrared Sensors
• Lidar Sensors
• Other Technologies

Applications Covered:

• Soil Health Monitoring
• Livestock Health Monitoring
• Water Management
• Weather Monitoring
• Fertilization Management
• Pest Management
• Yield Monitoring
• Irrigation Management
• Other Applications

End Users Covered:

• Farmers
• Agricultural Cooperatives
• Research Institutions
• Government Bodies
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances