Agriculture Sensor Market Key Drivers, Size, Trends, Insights, Outlook, Overview 2024-2033

Agriculture Sensor  Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –

The agriculture sensor market size has grown rapidly in recent years. It will grow from $1.78 billion in 2023 to $2.09 billion in 2024 at a compound annual growth rate (CAGR) of 17.7%.  The  growth in the historic period can be attributed to global population growth, government initiatives and subsidies, precision agriculture adoption, climate change and environmental concerns, rise in crop losses.

The agriculture sensor market size is expected to see rapid growth in the next few years. It will grow to $3.84 billion in 2028 at a compound annual growth rate (CAGR) of 16.4%.  The growth in the forecast period can be attributed to emerging markets, increasing demand for automation, increasing demand for agricultural products, adoption of smart farming techniques, increasing public and private sector funding. Major trends in the forecast period include multi-parameter sensors, edge computing, artificial intelligence (ai) and machine learning, remote sensing, iot-enabled sensors.

 Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/agriculture-sensor-global-market-report

Scope Of Agriculture Sensor  Market

The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Agriculture Sensor  Market Overview

 Market Drivers –

The increasing adoption of smart farming practices is expected to propel the growth of the agriculture sensor market over the coming years. Agriculture sensors are widely utilized in smart farming practices for various on-field activities such as weather forecasts, measuring leaf wetness and trunk diameter, spreading pesticides as well as insecticides, and others. The advantages of the sensor over existing technologies, such as easy installation, cheaper use, minimizes pollution and global warming, and remotely controllable, have led to a rapid surge in the utilization of technologies related to sensors in agricultural applications. For instance, according to the study conducted by McKinsey Global Institute, a business and economics research wing of McKinsey, smart farming practices are expected to create up to $11 trillion in economic benefits globally by 2025. Thus, the rapid growth in the adoption of smart farming practices by agricultural communities is expected to drive the growth of agricultural sensor market during the forecast period.

The agriculture sensor market covered in this report is segmented –

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

Get an inside scoop of the agriculture sensor  market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=5778&type=smp

Regional Insights –

North America was the largest region in the agriculture sensor market in 2023. Asia-Pacific is expected to be the fastest-growing region in the agriculture sensor market share during the forecast period. The regions covered in the agriculture sensor market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Companies –

Major 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.

Table of Contents

1. Executive Summary
2. Agriculture Sensor Market Report Structure
3. Agriculture Sensor Market Trends And Strategies
4. Agriculture Sensor Market – Macro Economic Scenario
5. Agriculture Sensor Market Size And Growth
…..
27. Agriculture Sensor Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model