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(IT-NEWSWIRE.COM, October 27, 2021 )
Market Overview:
Agriculture sensors are electronic components that are used in the enhancement of crop growth. Agriculture sensors include electrochemical sensors, optical sensors, ground sensors, airflow sensors, and temperature sensors, which constitute the major part of smart farming culture. These sensors have proved to be helpful to farmers in ways that help them in testing the soil quality, maintaining the climatic conditions for crop growth, and detecting possible diseases.
Moreover, agriculture sensors are also capable of suggesting suitable control methods. With the growth in acceptance of smart farming culture, the demand for the agriculture sensors market is expected to grow significantly.
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Market Dynamics
Growing smart farming culture is driving the market
The increasing demand for farm produce coupled with increasing population and declining arable land are forcing the farmer communities to increase crop yield. Precision farming or smart farming is considered as an effective way of increasing productivity with minimal inputs and is widely gaining prominence among farming communities.
Sensors are used extensively in precision farming to gather information pertaining to soil nutrients, moisture level, crop growth rate, and several other parameters. Sensors are used in farm management with the aid of technologies such as IoT, AI, and robotics. With the growing popularity of this farming practice, the demand for agriculture sensors is expected to increase, particularly in countries such as the U.S., Japan, China, and India.
According to Food and Agriculture Organization (FAO), the global production of food has to be increased by 70% to feed the population growth of 2.3 billion people by 2050. In this regard, The World Government Summit announced Agriculture 4.0 in 2018, to help farmers get acquainted with the smart farming culture. The support extended by the government towards smart agricultural practices is shaping the world into a smarter tech-driven society with the help of sensors
The high cost of sensors and data-driven technologies in farming is the key restraint for the market growth. Also, the lack of knowledge and skilled labor for handling farm sensors is hindering the adoption rate in developing economies.
Market Segmentation
By Sensor type
• Electrochemical sensors
• Optical sensors
• Location sensors
• Ground sensors
• Airflow sensors
• Others
By Application
• Soil Monitoring
• Yield mapping and monitoring
• Disease detection and control
• Weed mapping
• Others
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Geographical Penetration:
Asia-Pacific dominates the market due to presence of advanced agricultural systems in Japan and China.
Asia-Pacific is the largest shareholder of the global agriculture sensors market with countries like Japan and China having the most advanced agriculture systems in the world. Shortage of agricultural labour, high rate of farm mechanization and need for high quality and quantity of farm produce led to the adoption of sensors in Japan.
Japanese agriculture technology makes use of advanced sensors which are helpful in both plantation and harvesting process. While China is bringing advancement in the conventional farming system with the help of government subsidies, this is helping farmers to acquire drones for automating water and spraying pesticides, thus propelling the market growth.
North America was one of the largest regional markets for agriculture sensors. Strong government support to increase agricultural production, availability of infrastructure support, and acceptance of smart and precession farming methods increased the deployment of advanced farming solutions.
In North America, the adoption of soil moisture sensors has rapidly increased. Soil moisture instruments used in the sports turf segment for more efficient monitoring and conversion of turfgrass. Studies indicate that the adoption of sensors helps farmers to minimize drought stress, reduces maintenance and labor cost of protected cultivation by 20%, at least.
The U.S. is the early adopter of precision farming technologies, which is the primary factor responsible for the region’s most significant share in the global market. A considerable acceptance of modern agriculture methods by Canada is contributing to industry growth.
Competitive Landscape:
A wide range of agriculture sensors manufacturers made the market competitive
The global agriculture sensors market is fragmented, with various small and medium-sized companies and a few big players, resulting in stiff competition in the market. In order to capitalize on emerging trends in smart farming, key companies such as Edyn, Accima Inc., CropX, Pycno, and Acquity Agriculture have come up with a variety of sensing system ideas that will help farmers get more perspective about their crop growth.
Several recognized sensor manufacturers are introducing customized solutions according to the different sizes, nature, and requirements of farms. In addition, several partnerships are observed n the industry to introduce advanced solutions for different agriculture applications. Recently, Robert Bosch Venture Capital and Flex Lab IX invested in CropX.
Topic's you may be interested, Precision Aquaculture Market, Agricultural Nanotechnology Market, Nitrogen Tester Market, Balers Market, Tillers Market
DataM Intelligence
Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com 
Source: EmailWire.com
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