Agricultural Sensors Market Size, Share, Growth, Trends: Current Analysis and Forecast (2022-2028)

Agriculture sensors are called active sensors because they emit their light source onto the plant canopy and at the same time measure the percentage of light that is reflected from the canopy toward the sensor. Precision farming, also known as smart farming, allows farmers to maximize their yields with minimal resources. Precision farming or smart farming is considered 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. These sensors help understand plants at the microscale to conserve resources and reduce environmental pollution. Many sensor technologies are implemented in precision agriculture and provide data to help farmers monitor and optimize crop yield.

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The agriculture sensor market is expected to grow at a CAGR of around 15% during the forecast period. This is mainly due to the increasing need for optimal production with the resources provided. Additionally, changing weather patterns due to increased global warming have required advanced sensors to increase productivity and crop yields. By offering advanced sensors, farmers can monitor farms, and weather forecasts, and achieve optimal field requirements. Agriculture sensors allow farmers to increase yields with minimal human effort and waste. Moreover, the increasing demand for farm produce coupled with increasing population and declining arable land are forcing the farmer communities to increase crop yield, thus driving the adoption of agricultural sensors.

Based on type the market is segmented into location sensors, electrochemical sensor, humidity sensor, mechanical sensor, optical sensor, pressure sensor, water sensor, soil sensor, livestock sensor, and others. The location sensor segment accounted for the largest revenue share in 2020. Location sensors use GPS satellite signals for determining topographic attributes, including latitude, longitude, and altitude of the required field area. The location data provided by these sensors is used to position precision technologies where they are most required. These sensors are essential to implement precision farming technologies in farming.

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Based on application, the market is segmented into dairy management, soil management, climate management, and water management. During the forecast period, the soil management application segment is expected to dominate the market with the majority of the revenue during the forecast period. Monitoring systems are being enhanced with soil moisture sensors, continuous plant growth sensors, and microclimate tracking. The data gathered through these sensors is transferred to mobile devices, enabling farmers to take immediate action.

Moreover, the increasing use of sensors in agricultural lands has helped farmers reduce water consumption and increase overall food production. These benefits are expected to drive the segment in the coming years. Moreover, increasing the focus of governments across various nations on water conservation to improve the quality of crops is driving the market.

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For a better understanding of the market adoption of agricultural sensors, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, and the Rest of North America); Europe (U.K, France, Germany, Spain, Italy and Rest of Europe); Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), and Rest of World. North America is expected to witness the highest CAGR during the forecast period, attributed to growing internet literacy around the globe, and growing internet usage. 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 as the world becomes increasingly digitized, and demand for virtual platforms for easy business conduct is driving companies to encourage advancements in aggrotech.

Some of the major companies in the market are AG Leader, Auroras s.r.l., Avidor High Tech, CropX Inc., Pycno Agriculture, Robert Bosch GmbH, Sentera, LLC., Texas Instruments Inc, The Yield Pty, Trimble Inc.

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Agricultural Sensors Market Segmentation

Market Insight, by type