Global Agriculture Sensing and Monitoring Devices Market - Industry Trends and Forecast to 2028

Market Analysis and Insights: Global Agriculture Sensing and Monitoring Devices Market

Agriculture sensing and monitoring devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to show market value of billion by 2028 growing at a CAGR of 9.80% in the above-mentioned forecast period.

Agriculture sensors monitoring devices are the devices used in smart farming. The agriculture sensors basically assist farmers by providing data to monitor crops by adapting to respective changes in the environmental conditions. Soil condition monitoring requires a combination of hardware and software systems to operate in real-time and alert farmers on any significant changes.

The decreasing per capita arable land and increasing food demand across the world, emerge as the major factor fostering the growth of the agriculture sensing and monitoring devices market. Moreover, the benefits of such as improved efficiency of agricultural machinery, further reduces the cost of agricultural operations and maximizes profitability which is estimated to foster the growth of the market. The increasing adoption of precision farming techniques also boost the market’s growth. However, the high initial cost and lower awareness regarding the agriculture sensing and monitoring devices and benefits of these technologies impedes the growth of the agriculture sensing and monitoring devices market.

Growth and expansion of agricultural industry especially in the developing economies, increasing support from public as well as private sector to upsurge deployment of precision agriculture will create lucrative opportunities growth of the agriculture sensing and monitoring devices market. On the flip side, the decreased skilled labor force and fluctuating climatic conditions is projected to challenge the market within the forecast period.

This agriculture sensing and monitoring devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Agriculture sensing and monitoring devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Agriculture Sensing and Monitoring Devices Market Scope and Market Size

The agriculture sensing and monitoring devices market is segmented on the basis of type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of type, the agriculture sensing and monitoring devices market is segmented into automation and control systems, sensing devices and antennas/access points.
• On the basis of application, the market is segmented into yield monitoring, field mapping and crop scouting.

Agriculture Sensing and Monitoring Devices Market Country Level Analysis

The agriculture sensing and monitoring devices market is segmented on the basis of type and application.

The countries covered in the agriculture sensing and monitoring devices market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).

Asia-Pacific region dominates the agriculture sensing and monitoring devices market and will continue to flourish its dominance during the forecast period owing to the increasing awareness about the benefits of precision farming methods and improved smart farming methods and deployment of precision to meet increasing demand for agricultural production.

North America, on the other hand is anticipated to show highest growth rate due to acceptance of smart and precession farming methods, availability of infrastructure support and the strong government support to rise agricultural production.

The country section of the agriculture sensing and monitoring devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Agriculture Sensing and Monitoring Devices Market Share Analysis

The agriculture sensing and monitoring devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Agriculture sensing and monitoring devices market.

The major players covered in the Agriculture sensing and monitoring devices market report are Ag Leader Technology, AgJunction, Trimble Inc., AGCO Corporation, Raven Industries Inc., Deere & Company, DICKEY-john, Farmers Edge Inc., Grownetics Inc., Granular Inc., The Climate Corporatio,  Topcon, Trimble Inc.  among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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