The "Global Soil Moisture Sensor Market Size By Sensor Type (Volumetric Soil Moisture Sensors, Soil Water Potential Sensors), By Application (Residential, Agriculture), By Geographic Scope & Forecast, 2023-2030" report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Soil Moisture Sensor Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., May 4, 2023 /PRNewswire/ -- The Global Soil Moisture Sensor Market is projected to grow at a CAGR of 8.7% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 228 Million in 2021 and is expected to reach USD 545 Million by the end of the forecast period.
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Browse in-depth TOC on "Soil Moisture Sensor Market"
202 - Pages
126 – Tables
37 – Figures
Soil Moisture Sensor Market Driven by Increased Adoption and Government Initiatives
The global soil moisture sensor market is experiencing a surge in demand due to the increasing adoption of these sensors in irrigation, gardening, and other operations in agriculture. Soil moisture sensors are used to measure the water or moisture content in the soil, which allows for more accurate and reliable irrigation. The market is benefiting from government initiatives to support the use of soil moisture sensors and improve the productivity of farms.
The market is being driven by key players such as Sentek, Spectrum Technologies, Delta-T Devices, Campbell Scientific, The Toro Company, Irrometer Company, METER Group, IMKO Micromodultechnik, E.S.I. Environmental Sensors, and Stevens Water Monitoring Systems. These companies are implementing financial statements, product benchmarking, SWOT analysis, and key development strategies to stay ahead in the competitive market.
Soil moisture sensors are in high demand due to their ability to improve productivity and reduce water usage in irrigation. Governments of many countries have recognized the benefits of using soil moisture sensors and have taken several initiatives to promote their adoption. As a result, the market is expected to grow significantly in the coming years.
The global soil moisture sensor market is also benefitting from constant monitoring technology, which allows farmers to receive real-time information about the soil moisture levels in their fields. This technology enables farmers to make better decisions regarding irrigation and fertilization, which ultimately improves the productivity of their farms.
In conclusion, the soil moisture sensor market is experiencing significant growth due to the increased adoption of these sensors in agriculture and government initiatives to promote their use. Key players are implementing various strategies to stay competitive in the market and are expected to continue driving growth in the future.
Based on the research, Verified Market Research® has segmented the global Soil Moisture Sensor Market into Sensor Type, Application, And Geography.
- Soil Moisture Sensor Market, by Sensor Type
- Volumetric Soil Moisture Sensors
- Soil Water Potential Sensors
- Soil Moisture Sensor Market, by Application
- Residential
- Agriculture
- Landscaping and Ground Care
- Sports Turf
- Weather Forecasting
- Research Studies
- Forestry
- Construction and Mining
- Soil Moisture Sensor Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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