The global soil moisture sensor market size is estimated to reach USD 433.3 million by 2025, growing at a CAGR of 14.0% from 2019 to 2025, according to the new report conducted by Grand View Research, Inc. The soil moisture sensor measures the volumetric water content in the soil. Increasing adoption of the device across sports and agricultural sectors for ensuring requisite water content level in fields/turfs is driving the market growth worldwide. The device plays a crucial role in the afore-mentioned sectors as water infiltration depends on the soil moisture. This, in turn, is driving demand for water content meter for consistent monitoring. Thus, rising concern about land condition is anticipated to drive the growth of the market.
Furthermore,
increasing demand for soil-water measuring device owing to water scarcity and
resulting challenges with respect to water conservation is triggering the
market growth. Moreover, the advancements in technology, leading to the
introduction of wireless sensors that help end-users provide accurate,
real-time measurements from a remote location, are anticipated to drive market
in the coming years.
North
America dominated the market in 2018. The region is house to a large number of
product manufacturers. Asia Pacific is projected to exhibit a CAGR of over
15.0% between 2019 and 2025. Changes in climatic conditions have had an adverse
impact on agricultural conditions in the region. The resulting need to monitor
water content in agricultural land on regular intervals is driving the adoption
of moisture monitoring devices, especially among farmers in the region.
The
industry participants in the region are making significant investments. South
America is expected to register considerable growth in the coming years owing
to increasing use of the moisture monitoring devices to prevent soil
degradation and achieve optimum consumption of water resources. The main cause
of degradation in the region includes water erosion, deforestation, and intense
application of agrochemicals.
The
prominent players operating in the market include The Toro Company (U.S.);
Campbell Scientific Inc. (U.S.); IMKO Micromodultechnik GmbH (Germany); Delta-T
Devices Ltd (U.K.); Irrometer Company, Inc. (U.S.); and E.S.I. Environmental
Sensors Inc. (Canada).
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Soil Moisture
Sensor Market Report Highlights
- Increasing
adoption of farm mechanization practices is propelling the demand for
soil-water measuring devices in the agricultural sector
- Adoption of
volumetric soil moisture sensor was highest in 2018 due to demand from
multiple segments including sports, agriculture, and weather forecasting
- North America
accounted for the largest market share in 2018. This can be majorly
credited to the assistance provided by the U.S. Government to farmers for
the adoption of state-of-the-art agriculture technology. In addition, in
November 2016, the Canadian government invested USD 425,000 in Clean Seed
Agricultural Technologies Ltd. to enhance and commercialize precision
agriculture technology
- Europe is
expected to register strong growth during the forecast period owing to the
increasing adoption of GIS-based sensors, especially in the agriculture
sector
- Some of the
key market players are Sentek (Australia); METER Group, Inc. USA (U.S.);
Acclima Inc. (U.S.); Plaid Systems; and Stevens Water Monitoring Systems
Inc. (U.S.).
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About Grand View Research
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View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
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