Agricultural Sensors Market Share, Size, Trends, and Forecast 2020-2026

Posted by BIS RSRCH on December 30th, 2021

The growth is primarily attributed to increased awareness of the benefits of alternative and optimized farming techniques that entail over conventional farming. The key sensor types are humidity sensor, mechanical sensor, water sensor, optical sensor, soil sensor, and others (livestock, electrochemical, pressure), which are widely used in the agriculture industry for water management, soil management, climate, and dairy management.

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The global agricultural sensors market is expected to contribute to increased global food production as there is no dependence on arable land and climatic conditions, and year-round crop production can be achieved through these alternative farming techniques. With these techniques, a shift toward indoor growing and vertical farming is achievable, which is a big opportunity for the global agricultural sensors market.

A challenge for the growth of the agricultural sensors market is the high initial investment for achieving a medium and large-scale commercial setup. This is considered a major hindrance in adopting these alternative farming techniques, especially in developing countries. Along with the high initial cost, awareness about alternative farming techniques is somewhat limited in countries where agricultural production is low, such as countries in the Middle East region.

With a better adoption of alternative farming techniques, countries with low agricultural production due to climatic conditions and low arable land can reinvent their agricultural sector. This would help the countries to diversify and limit their vegetable and fruit import. The global agricultural sensors market is expected to grow more in the coming years with increased emphasis on alternative and vertical farming and increased government initiatives throughout the world for uplifting the global agricultural industry.

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The global agricultural sensors market in the application segment is expected to be dominated by the soil management segment. This scenario is majorly attributed to the fact that soil is the prime part of the crop plantation process. Followed by soil management is the water management segment, which accounts for the second-highest share in the concerned market. Water management forms the second most important step in the growth process. Timely irrigation and monitoring of the water and moisture content are necessary for the crops’ healthy growth, which is why water management is likely to propel the application of related sensors.

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BIS RSRCH

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BIS RSRCH
Joined: March 5th, 2020
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