Global Smart Soil Moisture Sensor Market 2023: Future Demand, Market Analysis & Outlook To 2030

Market Overview:
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 exponential growth of the population poses significant challenges in terms of providing food for everyone, resulting in increased land acquisition for housing and higher water consumption in newly developed residential areas. Consequently, the availability of key resources necessary for food production is expected to decline in the future. Addressing the issue of producing an adequate amount of food remains a critical concern, and technological advancements play a crucial role in improving productivity and the quality of production. Among the primary agricultural devices, smart soil moisture sensors are widely utilized to measure the water content in the soil accurately. These sensors empower farmers to make informed decisions when planning agricultural operations.

Analysis of the Top Market Players:
• 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:
Driver:
Farmers widely recognize the value of soil monitoring in achieving optimal crop quality and maximum yield. Excessive irrigation can lead to shallow root growth, nutrient leaching, and compromised crop quality. Moreover, farmers are increasingly aware of the advantages of automatic irrigation technology, especially considering rising labour and electricity costs. In many countries, several trials have demonstrated the benefits of automated irrigation systems integrated with soil moisture sensing technology, saved time and effort spent on irrigation, and minimized labour costs. Effective water management practices, such as utilizing soil moisture sensors for monitoring soil water levels, contribute to increased yields, improved crop quality, and enhanced profitability in agriculture.

Opportunities:
Farmers and agriculturalists are increasingly embracing advanced agritech solutions, such as IoT, smart logistics, AI, Kisan drones, and ML. However, small-scale landholders face challenges in adopting these technologies due to the high upfront costs involved. In such cases, incentives and subsidies provided by governments or donor communities can assist marginal farmers in adopting these advanced technologies, particularly for soil monitoring purposes.

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Key Chapter Will Be Provided In The Report
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis

Segmentation of the Smart Soil Moisture Sensor Market:
By Type
• Volumetric Soil Moisture Sensors
• Soil Water Potential Sensors
• Solid State Sensors

By Application
• Agriculture
• Landscaping
• Sports Turf & Entertainment
• Others

Regional Analysis Of Smart Soil Moisture Sensor Market
North America holds the largest share in the Smart Soil Moisture Sensor market and is likely to dominate the market during the forecast period. The presence of agricultural technology companies such as The Toro Company, Campbell Scientific, Stevens Water Monitoring Systems, etc. is the main reason leading to a large market share in the smart soil moisture sensor market. In addition, the United States is home to a large number of soil moisture sensor manufacturers such as Campbell Scientific, Inc. and The Toro Company. Strict environmental regulations and increased adoption of precision farming practices and productivity monitoring by large and small ranchers to increase field productivity are expected to drive the market.
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., 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, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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Covid-19 Impact Analysis On Smart Soil Moisture Sensor Market
The impact of COVID-19 on the Smart Soil Moisture Sensor Market is expected to last short and medium term as disruptions in the supply chain lead to a shortage of equipment and equipment for the surveillance market. close to the ground. However, advances in sensing, imaging, and remote monitoring have enabled better management of agricultural operations and are likely to be less affected by the COVID-19 pandemic. Remote sensing, imaging, and surveillance could be in significant demand in the post-COVID-19 world. Some equipment players are expecting slow growth in the first three-quarters of fiscal 20-21 and could see some growth in the final quarter. Major agricultural equipment manufacturers such as John Deere, AGCO, and CNH have cut their sales forecasts for the first half of fiscal 20-21 due to supply chain disruptions. However, demand for connected agriculture and telecommunications has shown promising growth even during the pandemic.

Table of Content:
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2: Executive Summary

Chapter 3: Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Smart Soil Moisture Sensor Market by Type
 5.1 Smart Soil Moisture Sensor Market Overview Snapshot and Growth Engine
 5.2 Smart Soil Moisture Sensor Market Overview
 5.3 Volumetric Soil Moisture Sensors
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Volumetric Soil Moisture Sensors: Geographic Segmentation
Chapter 6: Smart Soil Moisture Sensor Market by Application
Chapter 7: Company Profiles and Competitive Analysis
Chapter 8: Global Smart Soil Moisture Sensor Market Analysis, Insights and Forecast, 2016-2028
Chapter 9: North America Smart Soil Moisture Sensor Market Analysis, Insights and Forecast, 2016-2028
Chapter 10: Europe Smart Soil Moisture Sensor Market Analysis, Insights and Forecast, 2016-2028
Continue.

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