Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Agriculture Sensors Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Agriculture Sensors Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Agriculture
Sensors Market is offered.
Market
Insights:
In accordance with the report, the Agriculture Sensors
Market is projected to expand at a CAGR of X.X% over the period
of forecast. The global Agriculture
Sensors Market was valued at USD XX.X Mn in 2019 and is expected to reach USD
XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. Due to the growing requirement for optimal productivity with the
resources available, agriculture sensors are gaining in favour among farmers.
Changing weather patterns as a result of global warming have necessitated the
use of smart sensors to boost productivity and crop harvests. The demand for
sensor solutions in the agriculture industry is being fueled by the growing use
of smart farming practises and improved monitoring solutions. Furthermore,
manufacturers are concentrating their efforts on developing sensor solutions
for small farms, which is projected to increase the need for sensors in
agricultural applications. Additionally, the application of sensor technologies
in agricultural machinery, vehicles, and farm management systems is likely to
drive market expansion throughout the projection period. The high cost of
sensors and data-driven technology in agriculture is a major impediment to
industry expansion. In addition, in underdeveloped nations, a lack of knowledge
and competent staff for handling farm sensors is impeding adoption. In
developing nations, rising public and private sector financing for precision
agriculture technologies is likely to boost demand for agriculture sensors.
Precision agricultural technologies are not widely used in developing countries
due to a lack of awareness of their benefits and their high acquisition prices.
Developing nations such as Japan and China having the most advanced agriculture
systems in the world, Asia-Pacific is the largest shareholder in the worldwide
agriculture sensors market. Sensors were adopted in Japan due to a shortage of
agricultural labour, a high rate of farm mechanisation, and a demand for high
quality and quantity farm output. Advanced sensors are used in Japanese
agriculture technology to aid in the plantation and harvesting processes. With
enormous agricultural land and increasing deployment of precision and smart
farming methods to fulfil expanding agricultural production demand, India and
China are likely to be the primary markets for agriculture sensors. While China
is advancing the traditional agricultural system with government subsidies,
this is assisting farmers in acquiring drones for automating water and
pesticide spraying, hence accelerating market growth. The use of advanced
farming solutions was boosted by strong government backing for increasing
agricultural production, infrastructure support, and acceptance of smart and
efficient farming methods. Soil moisture sensors have become more popular in
North America. Soil moisture sensor manufacturers such as Sensaphone, Sentera,
Texas Instruments Incorporated, and Monnit Corporation are all based in the
United States. The market is likely to be driven by strict environmental
restrictions and the growing use of precision farming and yield monitoring
technologies by large and small farm operators to increase field production.
Research
Methodology:
To compile
the detailed study of the global Agriculture
Sensors Market, a robust research methodology has been adopted
that aids in determining the key insights and also evaluates the growth
prospects of the Agriculture Sensors Market.
Comprehensive and iterative research methodology focused on minimizing deviance
in order to provide the most accurate estimates and forecast possible. The
company utilizes a combination of bottom-up and top-down approaches for
segmenting and estimating quantitative aspects of the market. Our research
methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of
sources including trade databases; government published documents, investor
presentations, company annual reports, Industrial papers, and paid databases. To
carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the Agriculture Sensors Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Agriculture Sensors Market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts have
also focused on the key measures that the companies are opting to withstand the
harsh scenario.
Segment
Covered:
Agriculture Sensors Market report has been segmented By Types, By Applications also
includes the market size and forecast for all these segments. Compounded annual
growth rates for all segments have also been provided for 2019 to 2031. This
report is a compilation of first-hand information, qualitative and quantitative
assessment by industry analysts, inputs from industry experts and industry
participants across the value chain.
Key Segments:
Agriculture Sensors Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Agriculture
Sensors Market, By Types, 2022-2031 (USD Million)
·
Location
Sensors
·
Humidity
Sensors
·
Electrochemical
Sensors
·
Mechanical
Sensors
·
Airflow
Sensors
·
Pressure
Sensors
·
Optical
Sensors
·
Water Sensors
·
Soil Moisture
Sensors
o
Capacitance
Sensors
o
Probes
o
Time-domain
Transmissometry (TDT) Sensors
o
Gypsum Blocks
o
Tensiometers
o
Granular
Matrix Sensors
·
Livestock
Sensors
Agriculture
Sensors Market, By Applications, 2022-2031 (USD Million)
·
Dairy
Management
·
Soil
Management
·
Climate
Management
·
Water
Management
·
Precision
Farming
·
Smart Green
House
Report
Highlights:
The prime objective of the Agriculture
Sensors Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Agriculture
Sensors Market, By Region, 2022-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Agriculture
Sensors Market:
·
Acclima Inc.
·
Acquity
Agriculture
·
Agsmarts Inc.
·
Aquaspy Inc.
·
Auroras
·
Caipos Gmbh
·
CropX
·
Delta-T
Devices Ltd
·
Edyn
·
Irrometer
Company Inc.
·
Libelium
Comunicaciones Distribuidas Sl
·
Pycno
·
Sentek Ltd
·
Spectrum
Technologies Inc.
·
Stevens Water
Monitoring Systems Inc.
·
Vegetronix
Inc.
·
Others
Agriculture
Sensors Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.
·
Recent
advancements and technological trends in the industry