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The Soil Moisture Sensor Market is expected to witness market growth at a rate of 13.45% in the forecast period of 2021 to 2028 and is expected to reach USD 375.26 million by 2028. Data Bridge Market Research report on soil moisture sensor market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The expansion of the agriculture is escalating the growth of soil moisture sensor market.
Soil moisture sensors refer one of the prominent agricultural equipment that is generally utilized to gauge the volumetric water content in the soil. These sensors allow farmers for taking precise decisions in planning for agricultural activities. They are highly useful equipment for environmentalists for determining the drought conditions.
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The increase in adoption of smart agricultural equipment across the globe acts as one of the major factors driving the growth of soil moisture sensor market. The rise in the adoption of the sensors among farmers in order to enhance the farm’s productivity and reduce water consumption and their use in avoiding the irrigation issues through constant monitoring accelerate the market growth. The increase in the concerted efforts of governments and companies to promote sustainable agriculture practices and stringent government regulations pertaining to ecological stability, further influence the market. Additionally, expansion of end user industries, research and development activities and industrialization positively affects the soil moisture sensor market. Furthermore, integration of advanced technologies like IoT and data analytics in soil monitoring and government spending on agriculture research and development extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, difficulties in monitoring due to spatial variability of soil and poor reliability and high costs associated with soil monitoring sensors are expected to obstruct the soil moisture sensor market. Lack of awareness and technical skills pertaining to soil monitoring is projected to challenge soil moisture sensor market in the forecast period of 2021-2028.
This soil moisture sensor market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info soil moisture sensor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Soil Moisture Sensor Market Scope and Market Size
The soil moisture sensor market is segmented on the basis of offering, system type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of offering, the soil moisture sensor market is segmented into hardware, software and services.
On the basis of system type, the soil moisture sensor market is segmented into sensing and imagery systems, ground-based monitoring systems and others.
On the basis of application, the soil moisture sensor market is segmented into agricultural and non-agricultural.
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Global Soil Moisture Sensor Market Country Level Analysis
The soil moisture sensor market is analyzed and market size, volume information is provided by country, offering, system type and application as referenced above.
The countries covered in the global soil moisture sensor market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the soil moisture sensor market due to the adoption of mechanized farm practices and a multitude of research and development within the region. Asia-Pacific is expected to witness a high growth during the forecast period of 2021 to 2028 because of the adoption of agriculture technology in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Soil Moisture Sensor Market Share Analysis
The soil moisture sensor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to soil moisture sensor market.
The major players covered in the soil moisture sensor market report are Sensirion AG Switzerland, OMRON Corporation, Siemens, Texas Instruments Incorporated, Raritan Inc., ams AG, Bosch Sensortec GmbH, HONEYWELL INTERNATIONAL INC., Schneider Electric, Amphenol, STMicroelectronics, Renesas Electronics Corporation., AVTECH Software, Inc., Analog Devices, Inc., Apogee Instruments, Inc., TE Connectivity, Lockheed Martin Corporation, Gems Sensors, Inc., NuWave Sensor Technology Limited, eLichens Agilent Technologies, Inc., Eaton, Oizom Instruments Pvt. Ltd., Air-Met Scientific Pty Ltd., Ecotech, and Breeze Technologies among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
About Data Bridge Market Research, Private Ltd
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