Global Agriculture Sensors Market Opportunities and Forecast 2023-2030

Agriculture Sensors Market Overview

The global agriculture sensors market is anticipated to witness significant growth with increasing deployment of precision agriculture technologies to extend agriculture productivity. Farmers across the planet are shifting towards advance agricultural practices from traditional farming methods and adopting modern technologies and equipment to enhance yield productivity. The rising deployment of smart farming practices and advanced monitoring solutions is supporting the demand for sensor solutions in agriculture sector. Additionally, manufacturers are that specialize in developing sensor solutions for little size farm which is predicted to proliferate the demand for sensors in agricultural applications.
 
Moreover, use of sensor technologies in farm machineries, vehicles and farm management systems also expected to support the expansion of this market throughout the forecast period. Additionally, increasing support from the governments of major agricultural nations to develop essential infrastructure to extend deployment of precision farming technologies is additionally expected to spur the demand for agriculture sensors throughout the forecast period.  
 
New techniques are required for indoor farming techniques to face the challenges of the decreased skilled working class and fluctuating climatic conditions. Moisture levels, light amounts, and nutrition levels are controlled by the farmer while growing crops solely indoors. Agriculture sensors with small-scale controller systems with strong functionality permits businesses to enhance automated systems and augmented yields. This, in turn, is predicted to make opportunities during the forecast period.
 
Covid-19 Impact on Agriculture Sensors Market:

A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, safety, supply chain, training, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in beverage industry is facing a devastating effect of pandemic. 13% of the craft beer sector around the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, shortage of raw materials caused shut down of many small to medium food processing companies around the world.
 
Agriculture Sensors Market Segment Overview

Based on types, the worldwide agriculture sensors market is segmented into by Humidity Sensor, Electrochemical Sensor, Mechanical Sensor, Airflow Sensor, Optical Sensor, Pressure Sensor, Water Sensor, Soil Sensor, and Livestock Sensor.
In terms of applications, the worldwide agriculture sensors market is segmented into yield monitoring and mapping, soil monitoring, disease control and detection, and irrigation and water management. Yield monitoring is predicted to carry the most important application segment for the worldwide agriculture sensors market during the forecast period. Yield monitoring is predicted to carry the biggest application during the forecast period for agriculture sensors and constitute almost half the revenue share. The yield monitoring technologies offer valuable data about the yield ability varies within the sector.

Market Analysis, Insights and Forecast – By Type
·       Humidity Sensor
·       Electrochemical Sensor
·       Mechanical Sensor
·       Optical Sensor
·       Pressure Sensor
·       Water Sensor
·       Soil Sensor
·       Livestock Sensor
·       Others

Market Analysis, Insights and Forecast – By Application
·        Yield Monitoring And Mapping
·        Soil Monitoring
·        Disease Control And Detection
·        Irrigation And Water Management

Agriculture Sensors Market Regional Overview

Region-wise, in terms of regions, North America was the largest regional market for agricultural sensors. Strong government support to extend agriculture production, availability of supporting infrastructure also as acceptance of smart and precession farming methods increased deployment of advanced agriculture solutions within the U.S and Canada. Large size farmers in North America and European countries benefited significantly with the utilization of precision farming methods and now medium and little size farms also are steadily increasing investment in precision and smart farming methods to extend their productivity. The Asia Pacific is predicted to witness significant growth throughout the forecast period as major countries are focusing on increasing awareness about the benefits of precision farming methods. India and China are expected to be the main markets for agriculture sensors with the presence of largely agricultural land and increasing deployment of precision and smart farming methods to satisfy rising agricultural production demand.

Agriculture Sensors Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Agriculture Sensors Market Competitor overview

Some key developments and strategies adopted by manufacturers in the Agriculture Sensors are highlighted below.

·       In the year 2017 compared to the previous year, which will be evident to mention that agricultural sensors can address the labour challenge in indoor farms.

Agriculture Sensors Market, Key Players

·       Texas Instruments Inc.
·       Auroras s.r.l.
·       Robert Bosch GmbH
·       AG Leader
·       Avidor High Tech
·       Libelium Comunicaciones Distribuidas S.L
·       Ag Leader Technology
·       Sol Chip Ltd
·       Pycno Agriculture
·       CropX Inc
·       Trimble Inc
·       Sentera, LLC.
·       The Yield Pty Ltd