PUBLISHER: Value Market Research | PRODUCT CODE: 1547750
PUBLISHER: Value Market Research | PRODUCT CODE: 1547750
The global demand for Soil Moisture Sensor Market is presumed to reach the market size of nearly USD 1219.56 Million by 2032 from USD 372.37 Million in 2023 with a CAGR of 14.09% under the study period 2024-2032.
A soil moisture sensor is a simple device used to measure the water content in the soil. The volumetric water content is determined by indirectly measuring specific soil properties like its electric resistance, dielectric constant, or neutron interactions. The soil's moisture content depends on soil types, texture, temperature, etc. Hence, a calibration based on these parameters is carried out for accurate measurements. Different types of sensors based on the measurement techniques and the technology used are available for several applications like watershed characterization, irrigation scheduling, greenhouse management, plant disease forecasting, and soil health monitoring.
The immediate necessity to incorporate technological advancements to increase crop yield and reduce water consumption in the agricultural industry will be the main drivers for this market's growth. The growing importance of learning about soil moisture content in various applications like fertigation management, plant ecology, water balance studies, microbial ecology, soil respiration, hydrology, and construction will further propel market growth. These sensors are highly popular among the farmers' community since they give accurate and instant data and require limited calibration during installation. The emerging use of these devices in sports to maintain turfs' moisture content will be a market booster. The main concerns hurting market growth are lack of awareness and the use of traditional farming practices.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Soil Moisture Sensor. The growth and trends of Soil Moisture Sensor industry provide a holistic approach to this study.
This section of the Soil Moisture Sensor market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Soil Moisture Sensor market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Soil Moisture Sensor market include Toro Company, Campbell Scientific Inc., Spiio, Sentek, Meter Group Inc. USA, Irrometer Company Inc., Acclima Inc., IMKO Micromodultechnik GmbH, Spectrum Technologies Inc., E.S.I. Environmental Sensors Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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