Global Soil Monitoring Market, By Offering (Hardware, Software, Services), System Type (Sensing and Imagery Systems, Ground-based Monitoring Systems, Others), Application (Agricultural, Non-Agricultural), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Soil Monitoring Market
Soil monitoring market size is valued at USD 963.04 million by 2028 is expected to grow at a compound annual growth rate of 12.30% in the forecast period of 2021 to 2028. Data Bridge Market Research report on soil monitoring provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Soil monitoring involves the examination of soil and the steadiness, constituents and physical condition, to evaluate or make sure its appropriateness for use. Soil monitoring aids in the discovery the threats to the soil surrounding animal health, climate and human health.
The high need to preserve soil quality is expected to influence the growth of soil monitoring market over the forecast period of 2021 to 2028. Also the strict government regulations pertaining to ecological stability and rise in the need for improving farm productivity to feed rising population are also anticipated to flourish the growth of the soil monitoring market. Furthermore, the rapid technological developments in the agriculture sector and rise in the agricultural activities are also likely to positively impact the growth of the market. Moreover, the rise in the preference of farmers is also expected create a huge demand for soil monitoring as well as lifting the growth of the soil monitoring market.
However, the complexities in monitoring due to spatial variability of soil and poor reliability and high costs linked with soil monitoring sensors are expected to act as the major limitations for the growth of soil monitoring in the above mentioned forecasted period, whereas the lack of awareness and technical skills related to soil monitoring can challenge the soil monitoring market growth in the forecast period of 2021 to 2028.
Likewise, the incorporation of advanced technologies like IoT and data analytics in soil monitoring, rise in the government spending on agriculture R&D and increase in the digitization of agriculture and increased adoption of advanced farming techniques are expected to create various new opportunities that will lead to the growth of the soil monitoring market in the above mentioned forecasted period.
This soil monitoring 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 soil monitoring 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 Soil Monitoring Market Scope and Market Size
Soil monitoring market is segmented on the basis of offering, system 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 offering, the soil monitoring market is segmented into hardware, software and services. Hardware has further been segmented into sensors, smart imaging systems, data loggers and telemetry systems, portable soil scanners and others. Sensors have further been sub-segmented into volumetric soil moisture sensors, soil water potential sensors and others. Volumetric soil moisture sensors are further divided into neutron probes, capacitance sensors and time-domain transsiometry sensors. Soil water potential sensors are further divided into tensiometers, gypsum blocks and granular matrix sensors. Others are further divided into temperature sensors, ph sensors, nutrient sensors, climate sensors and salinity sensors. Software has further been segmented into cloud and on-premises. Services have further been segmented into managed services, connectivity services and assisted professional services. Managed services are further sub-segmented into farm operation services, data services and analytics services. Assisted professional services are further sub-segmented into supply chain management services and climate information services.
- Based on system type, the soil monitoring market is segmented into sensing and imagery systems, ground-based monitoring systems and others. Others have further been segmented into robotics and telematics systems.
- The application segment of the soil monitoring market is segmented into agricultural and non-agricultural.
Soil Monitoring Market Country Level Analysis
Soil monitoring market is analyzed and market size, volume information is provided by country, offering, system type and application as referenced above.
The countries covered in the soil monitoring market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
North America leads the soil monitoring market because of the strong presence of major market players. Asia-Pacific is expected to expand at a significant growth rate of over the forecast period of 2021 to 2028 owing to high adoption of agriculture technology and the rise in the digitization of agriculture sector.
The country section of the 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 like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Soil Monitoring Market Share Analysis
Soil monitoring 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, regional presence, 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 soil monitoring market.
The major players covered in the soil monitoring market report are Stevens Water Monitoring Systems Inc., SGS SA, METER Group, Inc., Element Materials Technology, The Toro Company, Campbell Scientific, Inc., Sentek Technologies, Spectrum Technologies, Irrometer Company, Inc., CropX inc., Acclima, Inc., AquaCheck, Caipos GmbH, Manx Technology Group, Delta-T Devices Ltd., IMKO Micromodultechnik GmbH, Vegetronix, AquaSpy, Soil Scout Oy, and E.S.I. Environmental Sensors, 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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