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Soil Moisture Sensor Market by Type, Application And Geography - Global Forecast to 2023

Soil Moisture Sensor Market: Global Forecast until 2023

  • May 2018
  • 144 pages
  • ID: 3270937
In this report:
In terms of volume, the soil moisture sensor market in APAC for the agricultural application is expected to grow from ## thousand units in 2017 to ## thousand units by 2023, at a CAGR of ##.##% during the forecast period.
In terms of volume, the soil water potential sensor market for the agricultural application is expected to grow from ## thousand units in 2017 to ##,## thousand units by 2023, at a CAGR of ##.##% during the forecast period.

Summary

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The soil moisture sensor market is estimated to rise at a compound annual growth rate of ~14.9 percent between 2018 and 2023

The soil moisture sensor market is forecasted to grow from $131.70M in 2018 to $264.00M by 2023, at a compound annual growth rate (CAGR) of ~14.9 percent between 2018 and 2023. The increasing demand for the improved productivity, growing stringency of environmental regulations, and the gradual shift in the climatic conditions are the main factors driving the rise of the soil moisture sensor market. The spatial variability in the soil poses as a main restraint for this sector.

The industry for soil water potential sensors is anticipated to increase at a better compound annual growth rate during the estimate period

The sector for soil water potential sensors is anticipated to rise at a better compound annual growth rate during the outlook period.Soil water potential sensors are affordable and can be used in any soil condition.

They need little maintenance and are accurate enough in most applications.

The agricultural application is forecasted to hold the biggest share of the soil moisture sensor market during the estimate period

The agricultural application is anticipated to lead the industry between 2018 and 2023.Agriculture is the primary application of soil moisture sensors.

The early adoption of soil moisture sensors in irrigation scheduling in the farms has been contributing to the dominating position of this application in the soil moisture sensor market. The use of soil moisture sensors in agriculture leads to the optimization of water usage, rise in product yield, production of high-quality crops, and reduction in the environmental degradation occurring through water resource depletion.

The soil moisture sensor market in Asia-Pacific to grow at the highest CAGR (Compound annual growth rate) during the outlook period

The sector in Asia-Pac is anticipated to grow at the highest compound annual growth rate (CAGR) between 2018 and 2023. The increase of the market in Asia-Pacific is assigned to the rising shift in the pattern of climatic conditions; adoption of soil moisture sensors in applications including research studies, sports turf, weather forecasting, and construction; and growing awareness about these sensors among the small farm owners in the territory.

Breakdown of the profile of primary members taking part:

• By Company category: Tier 1 = 35 %, Tier 2 = 40.0 percent, and Tier 3 = 25.0 percent

• By Description: C-suite executives = 60.0 percent and Directors = 40.0 percent

• By Area: Americas = 50.0 percent, EU = 15.0 percent, Asia-Pac = 30.0 percent, and RoW = 5.0 percent

Top actors in the soil moisture sensor market contain METER Group, Irrometer Company, The Toro Company, Campbell Scientific, Delta-T Devices, Spectrum Technologies, Sentek, Stevens Water Monitoring Systems, E.S.I. Environmental Sensors, and IMKO Micromodultechnik.

Segment Research

The soil moisture sensor market has been split on the basis of sensor type into volumetric soil moisture sensors and soil water potential sensors.The main types of volumetric soil moisture sensors are probes, time domain transmissiometry sensors, and capacitance sensors; while soil water potential sensors are further classified as tensiometers, granular matrix sensors, and gypsum blocks.

On the basis of application type, the soil moisture sensor market has been broken down into residential, agriculture, landscaping and ground care, sports turf, weather forecasting, forestry, research studies, and construction and mining. Moreover, the study forecasts the market value for various parts with regard to 4 main regions-the Americas, Europe (EU), Asia Pacific (APAC), and Rest of the globe.

Reasons to Buy the Report

The analysis would benefit industry top players/new sector entrants in the soil moisture sensor market in these ways:

1. This document breaks down the soil moisture sensor market comprehensively and offers the closest approximations of the global market size, as well as that of the subsegments covered under distinct applications and localities.

2. The market research benefits partners distinguish the pulse of the sector and offers info on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report would benefit partners comprehend their players better and acquire additional insights to improve their rank in the business sector. The competitive outlook section includes competitor landscape together with launches of new product, contracts, alliances, and mergers completed in the soil moisture sensor market.

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