Agriculture Sensors Market Size & Growth Analysis to 2030

The global agriculture sensors market size is expected to witness a significant CAGR of over 13% during the forecast period 2021 to 2027. The rising adoption of modern farming across the world and technological advancement are some of the major factors to drive the market growth. Furthermore, the rising demand for food coupled with the growing population and the rising demand to increase crop production is further anticipated to boost the market growth. Moreover, the growing adoption of smart farming, drone robots, and telematics solutions, and the increasing use of these sensors in various platforms such as disease control and detection, yield monitoring and mapping, irrigation and water management, and soil monitoring are projected to fuel the market growth.

Market Drivers:

Increasing Need for Precision Agriculture: Precision agriculture techniques aim to optimize crop production by monitoring and managing variations within fields. Agriculture sensors play a crucial role in precision agriculture by collecting real-time data on soil moisture, temperature, nutrient levels, and crop health. The growing need to maximize yield, minimize resource wastage, and improve overall farm efficiency is driving the demand for agriculture sensors.

Growing Adoption of IoT and AI Technologies: The integration of Internet of Things (IoT) and Artificial Intelligence (AI) technologies in agriculture has revolutionized farming practices. Agriculture sensors, when combined with IoT and AI, enable real-time data collection, analysis, and decision-making. These technologies facilitate data-driven insights for improved crop management, resource optimization, and automated monitoring, driving the demand for agriculture sensors.

Rising Global Population and Food Security Concerns: With the global population projected to reach 9 billion by 2050, there is increasing pressure on the agricultural sector to enhance food production and ensure food security. Agriculture sensors help farmers monitor crop health, irrigation efficiency, and nutrient management, enabling them to optimize crop yields and contribute to global food security.

Government Initiatives and Support: Governments worldwide are implementing policies and initiatives to promote sustainable agriculture practices, reduce resource wastage, and improve farm productivity. These initiatives often include incentives and subsidies for adopting advanced technologies, including agriculture sensors. Government support acts as a driving factor for farmers to invest in agriculture sensor technologies.

Need for Efficient Water Management: Water scarcity and the need for efficient water management are significant challenges in agriculture. Agriculture sensors, such as soil moisture sensors and weather sensors, help farmers optimize irrigation practices by providing real-time data on soil moisture levels, weather conditions, and evapotranspiration rates. Efficient water management through sensor-based technologies is driving the adoption of agriculture sensors.

Increasing Demand for Yield Monitoring and Crop Quality: Agriculture sensors enable farmers to monitor crop yield and quality in real time. Sensors such as yield monitors, crop health sensors, and spectroscopy sensors provide insights into crop growth, yield variations, and nutrient deficiencies. Farmers can use this information to make informed decisions regarding crop management practices, leading to improved yields and crop quality.

Environmental Sustainability and Resource Conservation: Sustainable agriculture practices are gaining prominence globally to minimize the environmental impact of farming operations. Agriculture sensors help in optimizing the use of fertilizers, pesticides, and water resources, reducing wastage and minimizing environmental pollution. The demand for agriculture sensors is driven by the growing focus on sustainable farming practices.

Technological Advancements and Cost Reduction: Advancements in sensor technology, including miniaturization, wireless connectivity, and reduced costs, have made agriculture sensors more accessible to farmers. The availability of affordable and user-friendly sensor systems encourages farmers to adopt these technologies, driving the growth of the agriculture sensors market.

Market Snapshot:

Market Insights:

The global agriculture sensors market is bifurcated into type, application, and geography. On the basis of type, the market is further segmented into location, humidity, electrochemical, mechanical, airflow, and other sensors. The location sensors segment dominated the global market in 2020 and accounted to hold the largest revenue share of around 15% of the market by the end of the analysis period. On the flip side, the soil moisture sensors segment is estimated to grow at the fastest growth rate owing to the rising adoption of the product in the agriculture sector to improve productivity.

On the basis of application, the market is segmented into dairy management, soil management, climate management, water management, and others. The soil management segment dominated the global agriculture sensors market in 2020 and accounted to hold the largest revenue share of around one-fourth of the market. The increasing focus on soil monitoring to improve crop production and government initiative are some of the major factors to drive the segment growth. on the flip side, the precision farming segment is expected to grow at a significant growth rate due to the rising focus to improve efficiency and productivity.

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The agriculture sensors comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The agriculture sensors market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

• 2018-19 – Historical Year
• 2020 – Base Year
• 2021-2027 – Forecast Period

Market Segmentation:

By Type:

• Location Sensor
• Humidity Sensor
• Electrochemical Sensor
• Mechanical Sensor
• Airflow Sensor
• Optical Sensor
• Pressure Sensor
• Water Sensor
• Soil Sensor
• Livestock Sensor

By Application:

• Dairy Management
• Soil Management
• Climate Management
• Water Management
• Precision Farming
• Smart Green House

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage

Geographically, the agriculture sensors market report comprises dedicated sections centering on the regional market revenue and trends. The agriculture sensors market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The agriculture sensors market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Agriculture sensors market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Competitive Assessment

Key players operating in the global agriculture sensors market are auroras Srl Cso Piera Cillario, Caipos GmbH, CropX inc., CropIn Technology Solutions Private Limited, and Glana Sensors AB. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• auroras Srl Cso Piera Cillario
• Caipos GmbH
• CropX inc.
• CropIn Technology Solutions Private Limited
• Glana Sensors AB
• dol-sensors A/S
• Monnit Corporation
• Libelium Comunicaciones Distribuidas S.L.
• Sensaphone
• pycno agriculture

Key Questions Answered by Agriculture Sensors Market Report

• Global agriculture sensors market forecasts from 2021-2027
• Regional agriculture sensors market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2021-2027 covering 15 major countries from the regions as mentioned above
• Agriculture sensors submarket forecasts from 2021-2027 covering the market by type, by application, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about agriculture sensors market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level agriculture sensors markets from 2021-2027
• Competitive Landscape and market positioning of top 10 players operating in the agriculture sensors market