The global agricultural sensors market was valued at USD 1.36 Billion in 2020 and is expected to surpass USD 2.63 Billion by 2026| registering a CAGR of 11.56% during the forecast period (2021-2026)| as highlighted in a report published by Facts & Factors.
Market Overview:
Agricultural sensors are considered active sensors because a light source is sent to the canopy and the percentage of light transmitted back to the sensor is measured concurrently. Precision farming, also known as smart farming, will maximise returns while consuming the least amount of energy. This information is obtained through the use of farm sensors. These sensors aid in the micro-understanding of their seeds, save water, and have a lower environmental impact.
Several sensing technologies are used in precision farming to provide data that allows farmers to track and optimise crops. Agricultural sensors come in a variety of shapes and sizes, including positioning sensors, optical sensors, electrical sensors, and mechanic sensors. Mechanical sensors measure soil compaction or mechanical strength. The sensors employ a probe that breaks the soil in order to measure resistive forces using pressure gauges and load cells. Optical sensors use light to measure soil properties. Optical sensors were used to measure the organic matter, clay, and moisture content of the soil.
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Agricultural sensors are used in a variety of platforms, including yield tracking and mapping, soil surveillance, disease control, and identification, irrigation, and water management. Yield monitoring technologies provide valuable statistics on the variable yield capacity in the area. Many agricultural machines have adapted and combined these innovations to produce efficiency. Agricultural sensor technology eliminates manual labour by automating key procedures such as field tracking and real-time knowledge exchange. Agricultural sensors are commonly used in soil quality control and management to remove nitrogen degradation.
Competitive Landscape:
Libelium, Edyn, CropX Inc., Caipos Gmbh, Bosch, Avidor High Tech, Auroras s.r.l., Aquaspy Inc., Agsmarts Inc., Acquity Agriculture, Acclima Inc., Pycno Agriculture, Sentek Ltd, Sentera, LLC., Sol Chip Ltd, Texas Instruments, The Yield Pty Ltd, Trimble Inc, and Vegetronix Inc.
Market Drivers:
- Reduced Average Labor Force in Indoor Farming
There are only a few factors driving the market of agricultural sensors, including precision farming, low ceiling management, and the use of modern technologies, that drive the demand for agricultural production, evolving technology practise, and growing intensification. Agricultural sensors are quickly becoming more popular as farmers become more popular due to the growing need for optimal output with the available resources. Furthermore, as global warming continues, changing weather patterns necessitate the use of sophisticated sensors to boost production and crop yield. Agricultural sensor systems will help farmers increase yields while reducing manpower and waste. Furthermore, the global market for farm sensors has grown due to increased smart greenhouses, tracking of fish farms, and livestock tracking.
Furthermore, the development of lower-cost, higher-quality sensors, as well as government initiatives in developed countries to promote smart agricultural techniques, are boosting industry growth. Specialized sensors for detecting species root colonisation via a substance that stimulates fluorescent activity and captures images with a confocal microscope for laser scanning. Conditions such as urbanisation, population, available income, and living standards, when combined with favourable socioeconomic and demographic factors, have become promising indicators of the development of global demand for agricultural sensors.
To overcome the challenges of changing weather patterns and fewer professional workers, indoor agriculture requires novel approaches. When cultivating indoors alone, the farmer can monitor light numbers, nutrient levels, and humidity. Sensors with reliable small-scale control systems will enable businesses to further automate their systems and increase their profits. According to one study, the global workforce decreased by 22,0% in 2017 compared to 2017, which can be seen in light of farmers’ ability to solve the labour challenges of indoor farming. Water leakage sensors, pesticide traces, and other technologies are used in large commercial indoor farms. The combination of indoor agriculture and agricultural sensors would almost certainly increase crop production capacity. This will drive demand for agricultural sensors in the future.
Regional Dominance:
- The North America Region Rules the Global Agricultural Sensors Market
North America had the largest regional agricultural sensor sector. With increased government funding to improve agricultural productivity, infrastructure availability, and adoption of smart and precession agriculture methods, the use of advanced agriculture technologies has increased. Soil humidity sensors are becoming increasingly popular in North America. Soil moisture tools are used in the sports turf section to more effectively track and convert turf grass.
According to studies, using the sensor helps farmers mitigate drought stress and save at least 20% on maintenance and labour costs for safe cultivation. The United States was an early adopter of precision farming technology, which is a major contributor to the region’s largest global market share. Through the adoption of new farming practises, Canada has made a significant contribution to market development.
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By Region:
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
Rest of Middle East & Africa
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