Agriculture Sensor Market Report: Trends, Forecast and Competitive Analysis to 2030

Agriculture Sensor Trends and Forecast

The future of the global agriculture sensor market looks promising with opportunities in the dairy management, soil management, climate management, water management, and smart green house markets. The global agriculture sensor market is expected to reach an estimated $3.8 billion by 2030 with a CAGR of 11.5% from 2024 to 2030. The major drivers for this market are growing use of technology for precision agriculture, growth in the use of sensor technology in farm equipment, vehicles, and management, as well as, rising support from the government and increasing farming practice modernization.

A more than 150-page report is developed to help in your business decisions.

Agriculture Sensor by Segment

The study includes a forecast for the global agriculture sensor by type, application, ,, and region

Agriculture Sensor Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Dairy Management
• Soil Management
• Climate Management
• Water ManagementSmart Green House
• others

Agriculture Sensor Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Location Sensors
• Humidity Sensors
• Electrochemical Sensors
• Mechanical Sensors
• Airflow Sensors
• Pressure Sensors
• Optical Sensors
• Water Sensors
• Soil Moisture Sensors
• Livestock Sensors

Agriculture Sensor Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Agriculture Sensor Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies agriculture sensor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the agriculture sensor companies profiled in this report include-

• Auroras Srl
• Caipos
• Cropin Technology
• Cropx
• Dol-Sensors
• Glana Sensors
• Libelium Comunicaciones
• Monnit

Agriculture Sensor Market Insights

Lucintel forecast that location sensors is expected to witness largest segment over the forecast period because the location data provided by these sensors is used to position precision technologies where they are most required, and these sensors are essential to implement precision farming technologies in farming.

North America is expected to witness largest region over the forecast period because the United States has seen a greater adoption of advanced agriculture technologies owing to significant government backing for increasing agricultural production, the availability of supporting infrastructure, and the acceptability of smart and innovative farming methods.

Features of the Global Agriculture Sensor Market

Market Size Estimates: Agriculture sensor market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Agriculture sensor market size by type, application, and region in terms of value ($B).

Regional Analysis: Agriculture sensor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the agriculture sensor market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the agriculture sensor market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the agriculture sensor market size?

Answer: The global agriculture sensor market is expected to reach an estimated $3.8 billion by 2030.

Q.2 What is the growth forecast for agriculture sensor market?

Answer: The global agriculture sensor market is expected to grow with a cagr of 11.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the agriculture sensor market?

Answer: The major drivers for this market are growing use of technology for precision agriculture, growth in the use of sensor technology in farm equipment, vehicles, and management, as well as, rising support from the government and increasing farming practice modernization.

Q4. What are the major segments for agriculture sensor market?

Answer: The future of the global agriculture sensor market looks promising with opportunities in the dairy management, soil management, climate management, water management, and smart green house markets.

Q5. Who are the key Agriculture Sensor Market companies?

Answer: Some of the key agriculture sensor companies are as follows:

• Auroras Srl
• Caipos
• CropIn Technology
• CropX
• dol-sensors
• Glana Sensors
• Libelium Comunicaciones
• Monnit

Q6. Which agriculture sensor market segment will be the largest in future?

Answer: Lucintel forecast that location sensors is expected to witness largest segment over the forecast period because the location data provided by these sensors is used to position precision technologies where they are most required, and these sensors are essential to implement precision farming technologies in farming.

Q7. In agriculture sensor market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness largest region over the forecast period because the United States has seen a greater adoption of advanced agriculture technologies owing to significant government backing for increasing agricultural production, the availability of supporting infrastructure, and the acceptability of smart and innovative farming methods.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the agriculture sensor market by type (dairy management, soil management, climate management,water managementsmart green house, and others), application (location sensors, humidity sensors, electrochemical sensors, mechanical sensors, airflow sensors, pressure sensors, optical sensors, water sensors, soil moisture sensors, and livestock sensors), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?