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]:
Wired
Wireless
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
Germany
UK
Italy
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.
About Lucintel
Lucintel, the premier global Management Consulting and
market research firm, creates winning strategies for growth. It offers market
assessments, competitive analysis, opportunity analysis, Growth
Consulting, M&A, and Due Diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
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