Global Soil Moisture Sensor Market is expected to witness a CAGR of 12.68% owing to rising adoption of smart irrigation techniques
Published Date : 17/04/2017
Latest market study on "Soil Moisture Sensor to 2025 by Type (Volumetric Soil Moisture Sensor and Soil Water Potential Sensor), End-user Vertical (Sports Turf, Agriculture, Landscaping & Ground Care, Forestry and Others) - Global Analysis and Forecast?, the Soil Moisture Sensor market is estimated to reach US$ 288.3 Mn by 2025 from US$ 99.3 Mn in 2016. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Browse market data tables and in-depth TOC of the Global Soil Moisture Sensor Market (2016-2025)
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The global Soil Moisture Sensor market for the end-use vertical is segmented into sports turf, agriculture, landscaping & ground care, forestry, and others. Agriculture segment is expected to hold the largest market share and will remain dominant throughout the forecast period. This is primarily due to rise in the adoption of advanced irrigation techniques which assist in saving water, reducing fertilizer consumption, and increasing crop yield. However, low awareness and fear of technology adoption in developing economies such India and China are identified as some of the major factors restraining the growth of the market.
Continuous product development has been identified as one of the major strategies of top players in order to gain the larger pie of the market. For instance, in 2017 Delta-T Devices Ltd. announced a low price moisture sensor primarily for horticulture and agriculture applications. The product was announced in response to its old sensor technology overcoming its limitations thereby offering increased value to the customers. An introduction of advanced soil moisture sensor that improves the efficiency of water use will not only assist the farmers to make their agriculture activities more profitable but also increases the sustainability of agriculture in general.
Some of the leading players identified across global Soil Moisture Sensor market are Sentek Pvt. Ltd., Irrometer Company, Inc., AquaCheck Pvt. Ltd, Delta - T Devices, Steven Water Monitoring System, Inc., The Toro Company, Acclima Inc., Decagon Devices, Campbell Scientific, Inc., and Imko Micromodultechnik Gmbh.
Soil Moisture Sensor, Global Breakdown by Regions, 2016 (%)
Source: The Insight Partners Analysis
The report segments the global Soil Moisture Sensor market as follows:
Global Soil Moisture Sensor Market - By Type
Volumetric Soil Moisture Sensor
Soil Water Potential Sensor
Global Soil Moisture Sensor Market - By End- user Vertical
Landscaping and Ground Care
Global Soil Moisture Sensor Market - By Geography
Asia Pacific (APAC)
Middle East & Africa (MEA)
South America (SA)