The Asia Pacific soil moisture sensor market is projected to grow at the CAGR of XX% during the forecast period to reach a total market size of US$XX billion in 2023 from US$XX billion in 2018. Asia Pacific region accounts for the fastest growing region in the soil moisture sensor market accommodating 60 percent of the world’s population with countries at different stages of demographic transition. Growth of agriculture IOT in this region is expected to lead to increased adoption of Soil moisture sensors which will result in fantastic return on farmers investment by sensing soil moisture and nutrients, controlling water usage, determining custom fertilizer profiles and reporting weather conditions. During a recently held Asia Pacific Regional Conference, a special workshop on Climate Smart Agriculture was also organized, which focussed on the increasing frequency of extreme events like floods, droughts, rising sea levels especially in low lying Asian countries such as Bangladesh and Vietnam. Moreover, accommodative efforts towards reducing green house emissions, resource efficiency also gained traction during the conference, these measures highlight the rising environmental concern in the region and aims to increase the awareness about climate smart agricultural practices.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the soil moisture sensor value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Major industry players profiled as part of the report are Sentek Technologies, ICT International, SenSprout Inc. and Entelechy Pty Ltd among others.
The Asia Pacific Soil Moisture Sensor Market has been segmented by type, by application, and by geography.
Water Potential Sensor
Volumetric Moisture Sensor
Key questions answered by the report
What will be the Asia Pacific Soil Moisture Sensor Market size from 2018 to 2023?
How are the major drivers and restraints affecting the Asia Pacific Soil Moisture Sensor Market and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth