According to a new market report by Lucintel, the future of the global soil moisture sensor market looks promising with opportunities in the agriculture, sports turf, forestry, and construction & mining industries. The global soil moisture sensor market is expected to grow with a CAGR of 12% from 2020 to 2025. The major growth drivers for this market include increasing stringency of environmental regulations, growing demand for improved productivity, and rising penetration of IoT enabled solutions for improved agriculture.
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In this market, soil water potential sensors and volumetric soil moisture sensors are the two major sensors. Lucintel forecasts that the volumetric soil moisture sensor segment is expected to witness the highest growth over the forecast period, as it is ideal for applications related to soil science, environmental science, agricultural science, and horticulture.
Within this market, agriculture will remain the largest end use industry over the forecast period due to rising labor crisis in most countries around the world, and remote monitoring application could lead to demand for telematics and robotics in the soil monitoring market.
Asia Pacific is expected to witness the highest growth over the forecast period due to high degree of adoption of agriculture technology in countries, like Japan, India, and China, who are heavily investing in digitization of the agriculture sector.
The Toro Co., Campbell Scientific, Delta-T Devices, Spectrum Technologies, Sentek. Acclima, Irrometer, Stevens Water Monitoring Systems, and Rain Bird are among the major manufacturers of the global soil moisture sensor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global soil moisture sensor market by product type, connectivity, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Soil Moisture Sensor Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global soil moisture sensor market by product type, connectivity, end use industry, and region as follows:
By Product Type [$M shipment analysis for 2014 – 2025]:
Volumetric Soil Moisture Sensors
Soil Water Potential Sensors
By Connectivity [$M shipment analysis for 2014 – 2025]:
By End Use Industry [$M shipment analysis for 2014 – 2025]:
Agriculture
Sports Turf
Forestry
Construction & Mining
Others
By Region [$M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
China
Japan
India
South Korea
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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