The latest report by IMARC Group, titled “Soil Moisture Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the global soil moisture sensors market growth. The global market size reached US$ 216.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 458.1 Million by 2028, exhibiting a growth rate (CAGR) of 13.7% during 2023-2028.
Soil Moisture Sensors Market Trends and Drivers:
Growing Water Scarcity Concerns:
The growing concerns about water scarcity are becoming a pressing issue on a global scale. In addition, the increasing use of soil moisture sensors for efficient water management in agriculture is influencing market growth. Also, it accurately monitors soil moisture levels in real-time and allows farmers to make data-driven decisions regarding irrigation, thus augmenting the market growth. Along with this, the widespread adoption of soil moisture sensors to release water only when and where it is needed significantly reduces water wastage, thus propelling the market growth.
Extensive Research and Development:
Research and development efforts are leading to significant improvements in soil moisture sensor devices, making them more attractive to users. In addition, enhanced accuracy is one of the primary areas of focus in sensor development, as high-precision sensors provide more reliable data, enabling farmers to make more precise irrigation decisions, thus contributing to market growth. Moreover, wireless connectivity allows for remote monitoring, enabling farmers to access real-time data from their smartphones or computers which enhances the usability of soil moisture sensors, especially on larger farms. Besides this, integration with other farming systems and modern agriculture relies on several technologies, from automated machinery to data analytics, thus augmenting the market growth. Along with this, soil moisture sensors are designed to seamlessly integrate with these systems, creating a more cohesive and efficient farming ecosystem.
Increasing Environmental Awareness:
The growing environmental consciousness among consumers. Many individuals are more concerned about the environmental impact of their food choices which is escalating the demand for sustainably produced food. Moreover, soil moisture sensors are promoting eco-friendly farming practices that align with these consumer preferences by optimizing irrigation and reducing water wastage, representing another major growth-inducing factor. Along with this, farmers who use soil moisture sensors can reduce their environmental footprint and communicate their commitment to sustainability to consumers, potentially leading to greater market demand for their products.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/soil-moisture-sensors-market/requestsample
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
- Volumetric Soil Moisture Sensors
- Soil Water Potential Sensors
Breakup by Sensor:
- Gypsum Blocks
- Granular Matrix Sensors
- Tensiometers
- Probes
- Capacitance Sensors
- TDT (Time Domain Transmissiometry) Sensors
Breakup by Connectivity:
- Wired
- Wireless
Breakup by Application:
- Residential
- Agriculture
- Landscaping and Ground Care
- Sports Turf
- Weather Forecasting
- Forestry
- Construction and Mining
- Others
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Competitors Landscape with Key Players:
- Acclima Inc.
- Campbell Scientific Inc.
- Delta-T Devices
- E.S.I. Environmental Sensors
- Imko Micromodultechnik (Endress+Hauser)
- Irrometer Company
- Sentek (Scientific Digital Imaging Plc)
- Spectrum Technologies (Transcat)
- Stevens Water Monitoring Systems
- The Toro Company
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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