Soil Moisture Sensor Market - Forecasts from 2018 to 2023
The soil moisture sensor market is projected to witness a CAGR of 14.63% during the forecast period to grow to US$385.41 million by 2023, increasing from US$169.91 million in 2017. Measurement of soil moisture has become imperative particularly in the agricultural sector. Various research institutes and organizations such as the US Department of Agriculture (USDA) and Agriculture Research Service (ARS) are examining how soil interacts with the environment due to concern over soil health sustainability. Environmental regulations to protect soil, research activities and application of soil moisture sensor for various applications such as agriculture, sports turf, landscaping among others are some of the key factors contributing to the market growth. Furthermore, availability of advanced soil measurement systems at affordable prices due to high economies of scale is further expected to spur the market growth. The lack of awareness among the farmers and the use of traditional methods is the major restraint in the growth of the soil moisture sensor market.
By Type
By type, the soil moisture sensor market can be segmented as volumetric sensors and soil water potential sensors. The volumetric sensors such as probes, Time Domain Transmissometry (TDT), and capacitance helps to determine the actual volume of water in the soil. Soil water potential sensors, on the other hand, determine whether plants will grow well or be stressed in any environment by giving a measure of the energy state of water. Tensiometer, gypsum block and granular matrix constitute soil water potential sensors. Monitoring soil health in a quantifiable and substantial manner has led to an increased adoption of the soil sensors.
By Application
On the basis of application, the Soil Moisture Sensor market can be segmented as Agriculture, Construction, Sports, Research, Weather Forecasting and others such as residential and forestry.
The growing concern about the role of soil health in climate has increased the demand for soil sensors. The modernization of agriculture and the environmental factors like climate change, dwindling water resources, and the threatened habitats are the major factors driving the demand for these sensors. The agriculture sector involves a significant application of soil moisture sensors owing to mounting concerns over higher crop yields and water consumption. Additionally, there has been a rise in the use of soil moisture sensors in sports turfs to help optimize irrigation with the increased number of golf courses and sports field globally.
By Geography
By geography, the soil moisture sensor market is segmented as America, Europe Middle East and Africa, and the Asia Pacific regions. Americas accounted for the major market share in 2017 owing to the large-scale adoption of agricultural technologies in the region. Better organization of water resources, enhancement in agricultural productivity, increased utilization of automatic and remote control machines in advanced economies like the U.S. will further fuel the market growth. Asia Pacific (APAC) is expected to be the fastest growing region during the projected period. The heavy dependence on the agricultural sector in the region along with the availability of low priced products from China are some of the factors complementing the expanding application of the soil moisture sensors in the region.
Competitive Landscape
The soil moisture sensor market is competitive owing to the presence of well-diversified international, regional and local players. The competitive landscape details strategies, products, and investments being done by key players in different technologies and companies to boost their market presence. Some of the major players discussed in the report are Delta-T Devices, The Toro Company, and AquaCheck among others.
Segmentation
The soil moisture sensor market has been segmented by type, by application, and by geography.
By Type
Water Potential Sensor
Volumetric Moisture Sensor
By Application
Agriculture
Construction
Sports
Research
Weather Forecasting
Others
By Geography
Americas
North America
US
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe Middle East and Africa
Europe
United Kingdom
Germany
France
Others
The Middle East and Africa
Asia Pacific
Japan
China
India
Others
By Type
By type, the soil moisture sensor market can be segmented as volumetric sensors and soil water potential sensors. The volumetric sensors such as probes, Time Domain Transmissometry (TDT), and capacitance helps to determine the actual volume of water in the soil. Soil water potential sensors, on the other hand, determine whether plants will grow well or be stressed in any environment by giving a measure of the energy state of water. Tensiometer, gypsum block and granular matrix constitute soil water potential sensors. Monitoring soil health in a quantifiable and substantial manner has led to an increased adoption of the soil sensors.
By Application
On the basis of application, the Soil Moisture Sensor market can be segmented as Agriculture, Construction, Sports, Research, Weather Forecasting and others such as residential and forestry.
The growing concern about the role of soil health in climate has increased the demand for soil sensors. The modernization of agriculture and the environmental factors like climate change, dwindling water resources, and the threatened habitats are the major factors driving the demand for these sensors. The agriculture sector involves a significant application of soil moisture sensors owing to mounting concerns over higher crop yields and water consumption. Additionally, there has been a rise in the use of soil moisture sensors in sports turfs to help optimize irrigation with the increased number of golf courses and sports field globally.
By Geography
By geography, the soil moisture sensor market is segmented as America, Europe Middle East and Africa, and the Asia Pacific regions. Americas accounted for the major market share in 2017 owing to the large-scale adoption of agricultural technologies in the region. Better organization of water resources, enhancement in agricultural productivity, increased utilization of automatic and remote control machines in advanced economies like the U.S. will further fuel the market growth. Asia Pacific (APAC) is expected to be the fastest growing region during the projected period. The heavy dependence on the agricultural sector in the region along with the availability of low priced products from China are some of the factors complementing the expanding application of the soil moisture sensors in the region.
Competitive Landscape
The soil moisture sensor market is competitive owing to the presence of well-diversified international, regional and local players. The competitive landscape details strategies, products, and investments being done by key players in different technologies and companies to boost their market presence. Some of the major players discussed in the report are Delta-T Devices, The Toro Company, and AquaCheck among others.
Segmentation
The soil moisture sensor market has been segmented by type, by application, and by geography.
By Type
Water Potential Sensor
Volumetric Moisture Sensor
By Application
Agriculture
Construction
Sports
Research
Weather Forecasting
Others
By Geography
Americas
North America
US
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe Middle East and Africa
Europe
United Kingdom
Germany
France
Others
The Middle East and Africa
Asia Pacific
Japan
China
India
Others
1. INTRODUCTION
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET DYNAMICS
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
5. SOIL MOISTURE SENSOR MARKET FORECAST BY TYPE (US$ MILLION)
5.1. Introduction
5.2. Water Potential Sensor
5.3. Volumetric Moisture Sensor
6. SOIL MOISTURE SENSOR MARKET FORECAST BY APPLICATION (US$ MILLION)
6.1. Introduction
6.2. Agriculture
6.3. Construction
6.4. Sports
6.5. Research
6.6. Weather Forecasting
6.7. Others
7. SOIL MOISTURE SENSOR MARKET FORECAST BY GEOGRAPHY (US$ MILLION)
7.1. Americas
7.1.1. North America
7.1.1.1. United States
7.1.1.2. Canada
7.1.1.3. Mexico
7.1.1.4. Others
7.1.2. South America
7.1.2.1. Brazil
7.1.2.2. Argentina
7.1.2.3. Others
7.2. Europe Middle East and Africa
7.2.1. Europe
7.2.1.1. United Kingdom
7.2.1.2. Germany
7.2.1.3. France
7.2.1.4. Others
7.2.2. Middle East and Africa
7.3. Asia Pacific
7.3.1. India
7.3.2. China
7.3.3. Japan
7.3.4. Others
8. COMPETITIVE INTELLIGENCE
8.1. Market Share Analysis
8.2. Strategies of Key Players
8.3. Recent Investments And Deals
9. COMPANY PROFILES
9.1. METER Group, Inc. USA
9.1.1. Overview
9.1.2. Financials
9.1.3. Product and Services
9.1.4. Key Developments
9.2. Delta-T Devices
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Key Developments
9.3. The Toro Company
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Key Developments
9.4. AquaCheck
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Key Developments
9.5. Sentek Technologies
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Key Developments
9.6. IRROMETER Company, Inc.
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Key Developments
9.7. Acclima
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Key Developments
9.8. Stevens Water Monitoring Systems, Inc.
9.8.1. Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Key Developments
9.9. Lukoil
9.9.1. Overview
9.9.2. Financials
9.9.3. Products and Services
9.9.4. Key Developments
9.10. ARAMCO SERVICES COMPANY
9.10.1. Overview
9.10.2. Financials
9.10.3. Product and Services
9.10.4. Key Developments
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET DYNAMICS
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
5. SOIL MOISTURE SENSOR MARKET FORECAST BY TYPE (US$ MILLION)
5.1. Introduction
5.2. Water Potential Sensor
5.3. Volumetric Moisture Sensor
6. SOIL MOISTURE SENSOR MARKET FORECAST BY APPLICATION (US$ MILLION)
6.1. Introduction
6.2. Agriculture
6.3. Construction
6.4. Sports
6.5. Research
6.6. Weather Forecasting
6.7. Others
7. SOIL MOISTURE SENSOR MARKET FORECAST BY GEOGRAPHY (US$ MILLION)
7.1. Americas
7.1.1. North America
7.1.1.1. United States
7.1.1.2. Canada
7.1.1.3. Mexico
7.1.1.4. Others
7.1.2. South America
7.1.2.1. Brazil
7.1.2.2. Argentina
7.1.2.3. Others
7.2. Europe Middle East and Africa
7.2.1. Europe
7.2.1.1. United Kingdom
7.2.1.2. Germany
7.2.1.3. France
7.2.1.4. Others
7.2.2. Middle East and Africa
7.3. Asia Pacific
7.3.1. India
7.3.2. China
7.3.3. Japan
7.3.4. Others
8. COMPETITIVE INTELLIGENCE
8.1. Market Share Analysis
8.2. Strategies of Key Players
8.3. Recent Investments And Deals
9. COMPANY PROFILES
9.1. METER Group, Inc. USA
9.1.1. Overview
9.1.2. Financials
9.1.3. Product and Services
9.1.4. Key Developments
9.2. Delta-T Devices
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Key Developments
9.3. The Toro Company
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Key Developments
9.4. AquaCheck
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Key Developments
9.5. Sentek Technologies
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Key Developments
9.6. IRROMETER Company, Inc.
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Key Developments
9.7. Acclima
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Key Developments
9.8. Stevens Water Monitoring Systems, Inc.
9.8.1. Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Key Developments
9.9. Lukoil
9.9.1. Overview
9.9.2. Financials
9.9.3. Products and Services
9.9.4. Key Developments
9.10. ARAMCO SERVICES COMPANY
9.10.1. Overview
9.10.2. Financials
9.10.3. Product and Services
9.10.4. Key Developments
