Agriculture Sensor Market Boom: Future Forecasts and Major Growth Drivers
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
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What is the Future Outlook of the Global Agriculture Sensor Market?
The agriculture sensor market size has substantially expanded in recent years and will grow from $2.06 billion in 2024 to $2.41 billion in 2025 at a compound annual growth rate (CAGR) of 16.9%. The historic growth can be attributed to factors such as global population growth, governmental initiatives and subsidies, precision agriculture adoption, climate change, and environmental concerns that have led to a rise in crop losses.
The agriculture sensor market size is projected to witness further growth in the coming years, expanding to $4.33 billion in 2029 at a CAGR of 15.8%. The growth in the forecast period can be spurred by factors like emerging markets, rising demand for automation, increasing demand for agricultural products, the adoption of smart farming techniques, along with increased funding from both the public and private sectors. Noteworthy trends expected to shape the forecast period include multi-parameter sensors, edge computing, artificial intelligence and machine learning, remote sensing, and IoT-enabled sensors.
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What are the Key Drivers for the Agriculture Sensor Market Growth?
The increasing adoption of smart farming practices is forecasted to fuel the growth of the agriculture sensor market in the coming years. Agriculture sensors are widely utilized in smart farming. They aid in tasks such as weather forecasts, measuring leaf wetness and trunk diameter, spreading pesticides and insecticides, among others. The advantages of the sensor over traditional farming practices, such as easy installation, minimized pollution and global warming effects, in addition to remote control, have led to a surge in the use of sensor technologies in agricultural applications. For example, the McKinsey Global Institute suggests that smart farming practices could generate up to $11 trillion in economic benefits globally by 2025. Hence, the rapid adoption of smart farming practices will be a key driver for the growth of the agricultural sensor market.
Which are the Primary Segments in the Global Agriculture Sensor Market?
1) By Sensor Type: Humidity Sensor, Electrochemical Sensor, Mechanical Sensor, Optical Sensor, Pressure Sensor, Water Sensor, Soil Sensor, Location Sensor
2) By Application: Soil Monitoring, Yield Mapping and Monitoring, Disease Detection and Control, Weed Mapping, Other Applications
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Who Are The Major Players in The Agriculture Sensor Market?
Prominent companies operating in the agriculture sensor market include Libelium Comunicaciones Distribuidas S.L., Auroras, Acuity Agriculture, Pycno, AgSmarts Inc., edyn Limited, Acclima Inc., CAIPOS GmbH, Vegetronix Inc., Sentek Pty Ltd., AquaSpy Inc., CropX, Ag Leader Technology, Sol Chip Ltd., Sentera LLC, dol-sensors A/S, Glana Sensors AB, Monnit Corporation, Sensoterra, Phytech Ltd., Stellapps Technologies Pvt. Ltd., Mastiline Electronics, CanopyBoulder, Motorleaf Inc., Spensa Technologies Inc., FieldIn, Saturas Ltd., Farmobile LLC, Grassometer, Farmers Edge Inc., Advanced Animal Diagnostics Inc., Granular Inc., Trace Genomics, Arable Labs Inc., CropMetrics LLC, AgriData Inc.
What are the Emerging Trends in the Agriculture Sensor Market?
The emergence of advanced technologies is a key trend in the agriculture sensor market. Major players are focused on developing innovative products with emerging technologies to cater to the global demand for smart farming technologies. For instance, in July 2024, Veris Technologies, a US-based manufacturer of sensors for precision agriculture, launched the CoreScan automated soil sensor probe. This innovative tool delivers high-definition soil maps, assisting farmers in making informed decisions about soil management.
Which Regions are Leading the Growth in the Agriculture Sensor Market?
In 2024, North America was the largest market for agriculture sensors. However, Asia-Pacific is expected to be the fastest-growing region in the agriculture sensor market during the forecast period. The market report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Agriculture Sensor Market Report 2025 Offer?
An agriculture sensor is a device used in farming and agriculture to monitor various environmental and soil conditions. These sensors provide real-time data to aid farmers in making informed decisions about crop management, irrigation, and fertilization, thereby enhancing crop yield and sustainability. The Agriculture Sensor Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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