Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on
agriculture sensor market provides an in-depth analysis of segments and
sub-segments in the global as well as regional agriculture sensor market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional agriculture sensor market over the short term as
well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of global agriculture sensor market. According to
the report, the global agriculture sensor market is projected to grow at a CAGR
of 13.2% over the forecast period of 2019-2025.
The leading players in the agriculture sensor market are AgSmarts
Inc., Auroras, Irrometer Company Inc., Delta-T Devices Ltd., Stevens Water
Monitoring Systems Inc., Spectrum Technologies Inc., Robert Bosch GmbH, Sentek
Ltd., AquaSpy Inc., CropX, and other companies. Companies are focusing on
strategic collaborations, mergers, and acquisitions that encourage market share
expansion.
The increasing deployment of advanced monitoring solutions in
agriculture drives the growth of the agriculture sensor market. Manufacturers
are focusing on the development of sensor solutions that can be used in small
size farms. The growing adoption of smart farming practices contributes to the
growth of the agriculture sensor market. The increasing need for a rise in
agricultural productivity propels the growth of the agriculture sensor market.
Agriculture sensors are useful to get data that helps farmers in monitoring and
optimizing crops concerning changes in the environmental conditions. In
addition, increasing support from key agricultural nation’s government to
stimulate the adoption of precision that contributes to the growth of the
agriculture sensor market. The rising use of sensors in farm machines,
vehicles, and farm management systems stimulates the growth of the agriculture
sensor market. On the other side, agriculture sensors require high investments
at the initial stage that hampers the growth of the agriculture sensor market.
Moreover, the increasing collaborations among various agrochemical companies
create novel growth opportunities for the growth of the agriculture sensor
market. Research and development in advanced farming promote novel
opportunities in the agriculture sensor market.
Geographically, the global agriculture sensor market is classified
into North America, Asia-Pacific, Europe, and the Rest of the World. North
America is anticipated to hold a dominant share in the global agriculture
sensor market. The increasing adoption of smart and advanced farming methods in
the U.S. contributes to the growth of the North America agriculture sensor
market. Asia-Pacific is expected to grow in the global agriculture sensor
market at the fastest CAGR over the forecast period. The growing awareness
about precision farming methods in the Asia-Pacific region drives the growth of
the agriculture sensor market in the Asia-Pacific region. Europe is also
anticipated to grow in the global agriculture sensor market. India and China
have the largest share in agricultural sensors due to the presence of large
agricultural land.
The report on global agriculture sensor market covers segments
such as type and application. On the basis of type, the sub-markets include
location sensor, humidity sensor, electrochemical sensor, mechanical sensor,
airflow sensor, optical sensor, soil sensor, and livestock sensor. On the basis
of application, the sub-markets include dairy management, soil management,
climate management, and water management.
The report provides profiles of the companies in the market such
as AgSmarts Inc., Auroras, Irrometer Company Inc., Delta-T Devices Ltd.,
Stevens Water Monitoring Systems Inc., Spectrum Technologies Inc., Robert Bosch
GmbH, Sentek Ltd., AquaSpy Inc., CropX, and other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth in
this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of agriculture
sensor market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.
Please Choose One of them.