Lucintel Blog: Lucintel Forecasts Soil Moisture Sensor Market to Reach $0.39 Billion by 2028

Tuesday, April 4, 2023

Lucintel Forecasts Soil Moisture Sensor Market to Reach $0.39 Billion by 2028

According to the recent study the soil moisture sensor market is projected to reach an estimated $0.39 billion by 2028 from $0.22 billion in 2023, at a CAGR of 12% from 2023 to 2028. Growth in this market is primarily driven by increasing the use of soil moisture sensors in agriculture to enhance productivity and sustain groundwater levels and growing adoption of smart agricultural equipment globally.

A more than 150-page report is developed to Understand trends, opportunities and forecast in soil moisture sensor market by sensor type (volumetric soil moisture sensors and soil water potential sensors), connectivity (wired and wireless), and application (agriculture, construction and mining, residential, forestry, landscaping and ground care, research studies, sports, and weather forecasting), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/soil-moisture-sensor-market.aspx

“Wired market is expected to remain the largest segment during the forecast period.”

Based on connectivity, the soil moisture sensor market is segmented into wired and wireless. Lucintel forecasts that the wired market is expected to remain the largest segment because it helps in determining the volumetric water content of the soil from a distance.

“Within the soil moisture sensor market, the agriculture segment is expected to remain the largest application.”

Based on application the agriculture segment is expected to witness the highest growth over the forecast period due to growing demand of these sensors for agricultural lands, which helps the farmers to minimize water usage and enhance food production.

“North America will dominate the soil moisture sensor market in near future.”

North America will remain the largest region due to stringent environment regulations and growing adoption of yield farming and precision farming techniques in this region.

Download Brochure of this report by clicking on https://www.lucintel.com/soil-moisture-sensor-market.aspx.

Major players of soil moisture sensor market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Toro, Campbell Scientific, Spiio, Sentek, METER Group are among the major soil moisture sensor providers.

This unique 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 click on this link https://www.lucintel.com/soil-moisture-sensor-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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