Soil Moisture Sensor Market Projected To Raise At USD 940.5 Million By 2030

San Francisco, 11 Sep 2024: The Report Soil Moisture Sensor Market Size, Share & Trends Analysis Report By Sensor Type (Capacitance sensors, Probes), By Connectivity (Wired, Wireless), By Application (Agriculture, Construction & Mining), By Region, And Segment Forecasts, 2024 - 2030

The global soil moisture sensor market size is anticipated to reach USD 940.5 million by 2030, growing at a CAGR of 14.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global market is experiencing significant growth propelled by the increasing adoption of these sensors in both the sports and agricultural sectors. They are crucial tools for ensuring the optimal water content levels in fields and turfs. This demand stems from the vital role soil moisture plays in water infiltration, necessitating consistent monitoring. Consequently, the market is being driven by a growing awareness of soil health concerns and the need for effective water management practices.

The global market for soil moisture sensors is experiencing significant growth propelled by the increasing adoption of these sensors in both the sports and agricultural sectors. They are crucial tools for ensuring the optimal water content levels in fields and turfs. This demand stems from the vital role soil moisture plays in water infiltration, necessitating consistent monitoring. Consequently, the market is being driven by a growing awareness of soil health concerns and the need for effective water management practices.

The digitalization of farming relies heavily on sensors, particularly those measuring rainfall, water levels, soil moisture, and livestock data, both on-site and via drones. Soil moisture sensors, utilizing properties like dielectric constant and electrical resistance, are pivotal in various sectors like construction, mining, and especially agriculture. Turf managers increasingly employ soil sensors to maintain turf quality, leveraging precise water content measurements for optimal growth. Water content directly impacts sports performance, influencing factors like ball bounce, making accurate measurement crucial for turf management. The sports industry's growth, spurred by entertainment demand and government investments in sports infrastructure, further propels the adoption of soil sensors. Notably, countries such as the U.S. and Australia prioritize such investments to ensure controlled grass growth on sports fields, underlining the expanding market for soil moisture sensors.

In 2023, North America dominated the global soil moisture sensors market due to a significant presence of manufacturers within the region. Asia Pacific registered the fastest CAGR of 16.1% from 2024 to 2030. Changes in climatic conditions have had an adverse impact on soil conditions in the region. The resulting need to monitor soil moisture content at regular intervals is driving the adoption of soil moisture sensors, 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 the increasing use of soil moisture sensors to prevent soil degradation and achieve optimum consumption of water resources. The main causes of degradation in the region include deforestation, water erosion, and intense application of agrochemicals.

Access Research Report of Soil Moisture Sensor Market https://www.grandviewresearch.com/industry-analysis/soil-moisture-sensors-market

Soil Moisture Sensor Market Report Highlights

  • The market is growing due to rising demand for low-cost sensors across various sectors, particularly in residential and agriculture, alongside the adoption of these sensors for golf turf maintenance and government investments in sports grounds, and the increasing adoption of precision farming practices among both large and small farm owners.
  • Wireless soil moisture sensors is expected to experience the fastest CAGR of 15.3% over the forecast period, driven by their convenience, flexibility, scalability, and ability to enhance irrigation strategies, supported by advances in wireless technology and the growing adoption of IoT and cloud-based solutions for precision agriculture and sustainable farming practices.
  • In 2023, the agriculture segment dominated the market with a 48.3% share, driven by its key role in optimizing crop yield and resource management through precision agriculture practices, with increasing demand fueled by awareness of water efficiency benefits, leading to reduced water consumption and increased food production, further supported by government focus on water conservation for crop quality improvement.
  • North America dominated the market in 2023, driven by its technologically advanced agriculture sector, challenges related to water scarcity, robust investment in R&D, government initiatives promoting sustainability, and a mature market ecosystem facilitating widespread adoption.
  • In October 2023, Delta-T Devices Ltd announced a partnership with the UK's National Physical Laboratory (NPL) to develop their latest multi-parameter soil sensor, the WET150. The partnership focused on creating a research-grade sensor for commercial horticulture by addressing challenges in calibrating soil conductivity and permittivity measurements. This resulted in a sensor that offers accurate measurements of moisture content, temperature, and electrical conductivity, which is crucial for improving crop yields and reducing water waste.

Soil Moisture Sensor Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 413.4 million

Revenue forecast in 2030

USD 940.5 million

Growth Rate

CAGR of 14.7% from 2024 to 2030

Actual Data

2017 - 2023

Forecast period

2024 - 2030

List of Key Players in the Soil Moisture Sensor Market

  • The Toro Company
  • METER Group, Inc. USA
  • Campbell Scientific, Inc.
  • Stevens Water Monitoring Systems Inc.
  • IMKO Micromodultechnik GmbH
  • Irrometer Company, Inc.
  • Delta-T Devices Ltd
  • GroPoint
  • Sentek
  • Spectrum Technologies, Inc.
  • Acclima, Inc.
  • Smartrek Technologies inc
  • Caipos GmbH
  • Spiio
  • Plaid Systems LLC

Access Press Release of Soil Moisture Sensor Market @ https://www.grandviewresearch.com/press-release/global-soil-moisture-sensors-market

About Grand View Research

Grand View Research is an India & 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.

For More Information: https://www.grandviewresearch.com/horizon

 

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