Soil Moisture Sensor Market Size – Industry Analysis, Share, Growth, Trends, and Forecast 2019-2027
The soil moisture sensor market is anticipated to reach US $288.2 million by 2027 from US$ 99.3 million in 2016 thereby registering an attractive CAGR growth rate of 12.7% during the forecast period 2017 to 2025.
Soil moisture sensors are used to measure the water content in soil. Various laboratory and field measurement approach including remote sensing are available to measure soil moisture content, but the fastest and best one is with the use of soil moisture sensor devices. The soil moisture sensor can reduce outdoor water use by up to 62% or more over traditional irrigation methods. As a result, the Asia-Pacific region to witness the most attractive growth rate by region in the global soil moisture sensor market with a CAGR growth rate of 15.4% during the forecast period. Whereas, the South America soil moisture sensor market region is expected to witness a CAGR growth rate of 10.5% in the coming years.
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Some of the leading players identified across global Soil Moisture Sensor market are Sentek Pvt. Ltd., Irrometer Company, Inc., AquaCheck Pvt. Ltd, Delta – T Devices, Steven Water Monitoring System, Inc., The Toro Company, Acclima Inc., Decagon Devices, Campbell Scientific, Inc., and Imko Micromodultechnik Gmbh.
Growing penetration of IoT enabled solutions for improved agriculture practices to boost the volume production
Smart irrigation utilizes remotely controlled water sprayed irrigation systems such as sprinklers, center pivots and driplines. In smart irrigation, the system for watering crops is operated on the basis of estimated moisture content in the soil, and then deciding upon either water restoring or reducing excess water level in the fields. Soil moisture sensors find their application in determining when, where, and how much water is required by the crop at a particular instance, which help the farmers in obtaining higher crop production. These sensors are easy to install and provides soil temperature and moisture, thus simplifying the vertical profiling of horticulture, irrigation and soil science. Subsequently, driving the growth for soil moisture sensor market in the coming years.
Increasing awareness towards sustainable development coupled with government regulations enforcing stringent water conservation practices
Water is a restricted resource and with briskly expanding population, the demand for water is also set to increase. In most of the nation’s globally, crop irrigation in agricultural sector is the prime consumer of water. The government of various economies have laid down several norms and regulations to conserve water. Implementation of several government regulations and norms in various nations has led to the adoption of efficient irrigation techniques, which in turn drives the demand and adoption of soil moisture sensors to determine the need and quantity of water needed for the soil. Thus, the soil moisture sensor market is expected to provide numerous profitable opportunities for the market players in the coming years.
Market Segment by Type Insight
In global soil moisture sensor market, the volumetric soil moisture sensors are used for measuring water content of the soil by using properties of soil such as dielectric constant, electrical resistance or interactions with neutrons. These devices enable the users to make a reliable and accurate soil moisture measurements thus, making it ideal for applications related to soil science, environmental science, agricultural science, horticulture, biology, botany and others. There are three types of volumetric soil moisture sensors neutron probe, time domain transmissivity and capacitance sensors. The market for volumetric soil moisture sensor in global soil moisture sensor market is projected to provide numerous lucrative business opportunities for the market players in the forecast period.
End-user segment Insight
In farming, water plays a very critical role. The water resources and optimum usage of water is a key driving force in irrigation. Efficient irrigation watering not only helps in saving water but also reduces dependency on fertilizers and accomplish better plant yield and enhances the crop quality. Also, the soil moisture sensors assist farmers to decide on irrigation scheduling. Irrigation scheduling helps determine the correct frequency and duration of watering. Moreover, it helps reduce damages on-farm from leaking pipes or equipment. Soil moisture sensors thus help to conserve water by guiding the grower to apply right amount required for optimum crop growth throughout the growing season. The Agriculture market in soil moisture sensor market is expected to grow with an attractive CAGR growth rate of 12.9% from 2017 to 2025.
Strategic Insights
The merger & acquisition along with new market initiatives was observed among some of the strategies adopted in global soil moisture sensor market. Few of the recent strategies by some of the player’s soil moisture sensor market landscape are listed below-
2017: After merging with UMS AG, the company through its newly formed merger, METER had announced to present five new products at 2017 European Geosciences Union General Assembly. The new products presented includes TEROS 12 soil moisture sensor, HYPROP 2 soil water retention curve analyser, ZENTRA ZL solar-powered data logger with cell communication, PARIO automated soil particle size analyser and ATMOS 41 all-in-one weather station.
2017: Delta T launched the new SM150T Sensor, ideal for measuring moisture content and temperature in soils and substrates. The SM150T replaces the older SM300 and SM150 Sensors, combining their strengths
2017: A new soil moisture and temperature sensor, new SM150T Sensor is launched by Delta-T for measuring moisture content and temperature in soils and substrates. It has a wide range of applications across science, horticulture and agriculture.
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