Soil Sensor Market Size, Share, Opportunities, And Trends By Type (Soil Moisture Sensor, Soil Temperature Sensor, Others), By Connection (Wired, Wireless), By End-Users (Agriculture, Construction, Mining, Others), And By Geography - Forecasts From 2023 To 2028
- Published : May 2023
- Report Code : KSI061615415
- Pages : 143
A soil sensor is a device designed to measure and monitor various parameters and characteristics of soil, providing valuable information about its composition and moisture content. These sensors are typically equipped with probes that are inserted into the soil, allowing them to collect data on important factors such as temperature, pH level, nutrient levels, and moisture levels. Soil sensor is of various types such as soil moisture sensor and soil temperature sensor among others which can be used in the agriculture, construction, and mining sector to assess soil conditions, optimize resource allocation, and ensure environmental sustainability. The growing agricultural sector and increase in mining activities are anticipated to drive the demand for the soil sensor thereby boosting the market growth.
The growth in agricultural activities will surge the soil sensor market growth.
The demand for food production is increasing as the global population continues to expand, and to meet this demand, farmers and agricultural businesses are increasingly adopting precision agriculture techniques that rely on accurate data and insights about soil conditions. Soil sensors play a critical role in providing real-time information on essential parameters such as moisture content, nutrient levels, and pH balance, enabling farmers to make informed decisions about irrigation, fertilization, and crop management. Farmers can optimize resource allocation, minimize water and fertilizer wastage, and maximize crop yields by using soil sensors. These benefits not only lead to increased productivity but also contribute to sustainable agriculture practices by reducing environmental impact and promoting soil health. The increase in agricultural production along with monetary benefits being given to farmers to improve agriculture yield will propel the demand for soil sensors. According to the India Brand Equity Foundation in 2023, the total foodgrain production in India is estimated to reach 149.92 million tonnes in 2023. According to the United States Department of Agriculture (USDA) report in 2022, the US agricultural production grew up to 175% from 1948 to 2019, and in 2019, crops accounted for 54 percent of the total value of agricultural output. On March 2023, the Japan International Cooperation Agency (JICA) signed a loan agreement with IndusInd Bank Limited to provide private-sector finance of up to 13 billion yen. This loan aims to improve access to finance for farmers and increase agricultural productivity in India.
The bolstering of mining activities is expected to propel the soil sensor market growth.
There is a higher likelihood of soil degradation, contamination, and erosion in the surrounding areas with increased mining operations. Companies and regulatory bodies are increasingly adopting measures to monitor and manage soil conditions effectively to mitigate the negative environmental impact of mining activities. Soil sensors provide real-time data on soil’s moisture content, pH levels, nutrient levels, and compaction, enabling mining companies to track the impact of their operations on the soil. Such sensors also play a crucial role in monitoring and assessing the quality and health of soil. The rising mining activities coupled with increasing soil erosion in mining areas will boost the demand for soil sensors. According to the Institute of Physics (IOP) 2020 report, global mining activities in disturbing large areas of land may increase soil erosion rates up to several hundred times greater than from undisturbed areas and it estimated a material loss of 116,146.43 tons/year due to erosion. According to the U.S. Geological Survey (USGS), in 2019, China invested about $173 billion in the mining sector to improve the development and production of minerals which showed a year-on-year increase of 24% respectively.
During the forecast period, the Asia-Pacific region is expected to hold a significant market share.
The Asia-Pacific region is expected to dominate the market due to the expanding agricultural practices in countries like China, and India, and increasing mining activities in the region. In 2022, the Chinese government decided to invest in Afghanistan’s mining sector and seek dominance over that country’s mineral resources, particularly its lithium deposits. In October 2021, the Union Ministry of Agriculture and Farmers Welfare of India announced that 820,600 seed mini-kits would be distributed free of cost in 343 identified districts across 15 major producing states, which would boost production and productivity by speeding up the seed replacement rate and subsequently helped in increasing farmers’ income. Such positive developments will boost the demand for soil sensors, further accelerating their regional market growth.
Key Developments
- February 2023: Murata launched a highly durable and high-precision soil sensor with nine electrodes, and can be used for smarter watering management in greenhouse horticulture, fruit growing, and outdoor cultivation
- October 2022: Soil Scout launched a new multi-headed soil moisture sensor called "Dual Depth Sensor (DDS)" that could be buried in shallow ground and provided a way for wireless soil monitoring technology.
- November 2021: SubAir Sports Systems announced a partnership with wireless underground soil moisture sensor startup Soil Scout to give turf managers unprecedented control over operations and turf with automated subsurface monitoring and ventilation.
Segmentation
- By Type
- Soil Moisture Sensor
- Soil Temperature Sensor
- Others
- By Connection
- Wired
- Wireless
- By End-Users
- Agriculture
- Construction
- Mining
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- UK
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Other
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. SOIL SENSOR SENSOR MARKET ANALYSIS, BY TYPE
5.1. Introduction
5.2. Soil Moisture Sensor
5.3. Soil Temperature Sensor
5.4. Others
6. SOIL SENSOR MARKET ANALYSIS, BY CONNECTIVITY
6.1. Introduction
6.2. Wired
6.3. Wireless
7. SOIL SENSOR MARKET ANALYSIS, BY END-USER
7.1. Introduction
7.2. Agriculture
7.3. Construction
7.4. Mining
7.5. Others
8. SOIL SENSOR MARKET ANALYSIS, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. USA
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. Germany
8.4.2. UK
8.4.3. France
8.4.4. Spain
8.4.5. Others
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Others
8.6. Asia Pacific
8.6.1. China
8.6.2. Japan
8.6.3. South Korea
8.6.4. India
8.6.5. Australia
8.6.6. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. Acclima Inc.
10.2. Campbell Scientific Inc
10.3. Delta-T Devices Ltd
10.4. IMKO Micromodultechnik GmbH
10.5. Irrometer Company, Inc.
10.6. METER Group Inc.
10.7. Murata Manufacturing Co., Ltd
10.8. Proximal SoilSens
10.9. Sensoterra B.V.
10.10. Sentek Technologies
Acclima Inc.
Campbell Scientific Inc
Delta-T Devices Ltd
IMKO Micromodultechnik GmbH
Irrometer Company, Inc.
METER Group Inc.
Murata Manufacturing Co., Ltd
Proximal SoilSens
Sensoterra B.V.
Sentek Technologies
Related Reports
Report Name | Published Month | Get Sample PDF |
---|