Agriculture Sensor Market Growth Opportunities into Regions 2028

Agriculture Sensor Industry Overview

The global agriculture sensor market size was valued at USD 1.34 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 13.6% from 2021 to 2028.

Agriculture sensors are called active sensors because they emit their light source onto the plant canopy and at the same time measure the percentage of light that is reflected from the canopy toward the sensor. Precision farming, also known as smart farming, allows farmers to maximize their yields with minimal resources. These sensors help understand plants at the microscale to conserve resources and reduce environmental pollution. Many sensor technologies are implemented in precision agriculture and provide data to help farmers monitor and optimize crop yield.

Agriculture sensors are enjoying increasing popularity among farmers due to the increasing need for optimal production with the resources provided. Additionally, changing weather patterns due to increased global warming have required advanced sensors to increase productivity and crop yields. By offering advanced sensors, farmers can monitor farms, weather forecasts, and achieve optimal field requirements. Agriculture sensors allow farmers to increase yields with minimal human effort and waste.

Gather more insights about the market drivers, restrains and growth of the Global Agriculture Sensor Market

China agriculture sensors market size, by soil moisture sensor type, 2018 - 2028 (USD Billion)

Agriculture sensors are used in various platforms such as disease control and detection, yield monitoring and mapping, irrigation and water management, and soil monitoring. The yield monitoring technologies provide valuable data on yield ability, which varies within the field. Many farm equipment has incorporated these technologies into their harvesters and combined them to develop yield productivity. Agriculture sensor technology eliminates manual human effort by automating critical processes, including real-time farm monitoring and information sharing. Agriculture sensors are primarily used to address nutrient deficiencies by monitoring and managing soil health.

Some certain limitations and challenges will hamper the overall growth of the market. Factors such as the shortage of skilled labor and the lack of standards and protocols limit the market growth. Moreover, farmers can use different sensors based on software and hardware to collect farm-related data. Therefore, complex integrated agriculture sensor systems inhibit the growth of the market. Furthermore, the affordability of the technology and the lack of awareness of the benefits of agriculture sensors among farmers, especially in developing countries, and the highly volatile prices of crops are potential barriers hampering the overall market growth. However, advances in technologies such as big data, smart devices such as GPS/ GNSS, the growing collaboration between agrochemical companies and agriculture sensor providers, and the untapped potential in emerging markets offer favorable growth opportunities.

The increasing adoption of precision agriculture technology is expected to drive the growth of the global agriculture sensor market during the forecast period. Farmers in developing regions are rapidly commercializing and adopting sensor farming. Increasing public and private sector funding for precision agriculture approaches is expected to increase the demand for agriculture sensors in developing countries. Precision agriculture technologies are not very widespread in emerging regions due to the lack of knowledge of the benefits of these technologies and their high acquisition costs.

The market is expected to witness a slight dip in 2020 due to the COVID-19 pandemic, as movement restrictions and lockdowns have led to supply chain disruptions and a lack of equipment. However, farm management software tools and remote sensing devices could lead to higher adoption in the post-COVID-19 period. COVID-19 has disrupted the supply chain in the market, and companies are exploring new ways to interact with farmers and growers through technology. Companies have started to focus on wireless platforms to make real-time crop monitoring decisions, crop health monitoring, field mapping, irrigation planning, and crop management. For example, SensoTerra launched new wireless systems in May 2020 to improve agriculture connectivity and field data analysis in the cloud. These sensor systems improve connectivity and can also be used for large canopies with minimal manual assistance. Farmers can access the data in real-time through a web-based interface or an application installed on their smartphones. The effects of the COVID19 pandemic are expected to be for a shorter duration, and the market would offer lucrative growth in the medium to long term.

Browse through Grand View Research’s Sensors & Controls Industry Research Reports.

  • Soil Moisture Sensor Market – The global soil moisture sensor market size was valued at USD 173.6 million in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 14.0% from 2019 to 2025.
  • Big Data Market – The global big data market size was valued at USD 25.67 billion in 2015 and is expected to witness significant growth over the forecast period. The elevating number of virtual online offices coupled with increasing popularity of social media producing an enormous amount of data is a major factor driving growth.

Market Share Insights

  • May 2021: Libelium Comunicaciones Distribuidas S.L. introduced Vegapuls C21, a radar sensor that is compatible with smart water and smart agriculture solutions.
  • January 2020: CropX inc. acquired CropMetrics, a solution provider of cloud-based precision-irrigation systems, to offer their customers access to farm management tools, in-soil data, and decision-support solutions.

Key Companies profiled:

Some prominent players in the global agriculture sensor market include

  • auroras Srl Cso Piera Cillario
  • Caipos GmbH
  • CropIn Technology Solutions Private Limited
  • CropX inc.
  • dol-sensors A/S
  • Glana Sensors AB
  • Libelium Comunicaciones Distribuidas S.L.
  • Monnit Corporation
  • pycno agriculture
  • Sensaphone
  • Sensoterra
  • Sentera
  • Texas Instruments Incorporated

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