Agricultural Sensors Market Size, Share, Opportunities, And Trends By Type (Humidity Sensor, Electrochemical Sensor, Mechanical Sensor, Airflow Sensor, Optical Sensor, Pressure Sensor, Water Sensor, Soil Sensor, Livestock Sensor, Others), By Application (Dairy Management, Soil Management, Climate Management, Water Management), By Offering (Hardware, Software, Services), And By Geography - Forecasts From 2024 To 2029

The agricultural sensors market was valued at US$3.655 billion in 2022 and will grow at a CAGR of 11.17% to reach US$7.668 billion in 2029.

Agricultural sensors are important technologies that can remodel contemporary agricultural strategies by providing real-time records on soil, weather, and crop conditions. These sensors enable farmers to make educated decisions about irrigation, fertilization, and pest management, resulting in better resource utilization and higher yields.

Integrating advanced analytics and farm management software improves choice-making skills, resulting in greater sustainability and money-making agricultural operations. As the call for accuracy and efficiency in agriculture rises, agricultural sensors will play an increasingly vital role in boosting the future of farming.

The main attributable factors within the market boom are the increasing call for agricultural merchandise, increasing populace, technological improvements, and restricted herbal assets. Thus, this era should play a bigger function in producing enough agricultural products to feed the growing populace. Location, optical, electrochemical, mechanical, dielectric, and illumination sensors are some of the major forms of agricultural sensors available in the market.

Introduction:

The global population is constantly increasing, and so are the meals consumed. In keeping with the estimates of the UN, the demand for meals will increase by 50% with the aid of 2050, thereby increasing the need for agricultural sensors globally. These agriculture sensors provide farmers with improved yield and numerous benefits, including reducing nutrient depletion via monitoring soil fitness, maximizing water performance, decreasing chemical and pesticide usage, and lowering carbon dioxide emissions by lowering gasoline and power consumption. These factors tend to impact the rural sensors market size.

Agricultural Sensors Market Drivers:

• The wider application of agricultural sensors is anticipated to positively impact the market.

Agricultural sensors are used for diverse functions, including dairy control, soil management, weather management, and water control. Humidity sensors are blended with weather stations to investigate weather situations. Optical and electrochemical sensors are being used for soil management.

It helps determine the O2 and CO2 contents, along with the pH and other soil nutrients.  Image-capturing sensors are also available in the market, which help detect pests, thereby providing farmers with information about the infected crop area. These wider applications and constant advancements aid the growth of the agricultural sensors market size.

• Rapidly changing climate conditions are expected to fuel the demand for agricultural sensors.

Agriculture depends on climate conditions and weather changes. The growing temperatures and the rapid climate trade adversely affect the agriculture zone. According to the Intergovernmental Panel on Climate Change, the rising heat and rainfall are degrading land, therefore decreasing soil nutrients and organic remember, which has terrible results on crop yields. Overall, India lost 5.04 million hectares (mha) of agricultural area to cyclonic storms, flash floods, floods, landslides, and cloudbursts by November 25, 2021. These unfavorable results show the need for agricultural technologies such as sensors to increase crop yield and enrich the soil.

• Growing technological advancement might boost the market.

Agricultural companies are adopting the Internet of Things (IoT) technologies for higher production capabilities. For instance, a Bengaluru-based startup, Cropln, provides a future-ready farming solution through its self-evolving system. Agricultural sensors can now be linked with smartphones, and from there, the farmers can collect and analyze environmental parameters such as soil quality, temperatures, and other variables. This advancement is anticipated to propel the agricultural sensors market growth.

• Increased research and government initiatives are predicted to fuel market expansion.

According to the US Department of Agriculture report, site-specific management will be the driving factor for adopting agricultural sensors. US NIFA supports developing and implementing robust agricultural sensors to model and analyze environmental parameters for greater crop yield.

Furthermore, the Indian Government provides financial assistance to agri-tech-based startups. For instance, the government partnered with Microsoft to develop smart agricultural AI sensors. These government schemes and their support show the market potential of agricultural sensors during the projected period.

Agricultural Sensors Market Geographical Outlook

• Prominent growth is anticipated in the North American region.

The North American agricultural sensor market is anticipated to increase extensively due to various factors. With a long record of technical innovation in agriculture, North America has been at the leading edge in enforcing precision agriculture methods. This tendency, combined with big advances in sensor generation, especially in IoT and AI, has opened the door to complex and accurate agricultural sensors.

As farmers attempt to optimize resource utilization, increase output, and reduce hazards, the need for agricultural sensors grows. This upward trend highlights the critical role that sensor technology plays in modernizing and enhancing the efficiency of North America's agriculture industry.

Agriculture Sensor Market Products:

• Renke multi-depth soil moisture sensor, a cost-effective sensor unaffected by salt ions in the soil. It is made of PVC plastic pipe and is suitable for detecting soil moisture and drought information and real-time detection of weather, water, and rain. Moreover, it can measure depths from 30 cm to 100 cm.
• Honeywell Micro Switch Force Sensor is suitable for irrigation interventions. It detects the force used by the roots in water absorption.  Its maximum operating temperature is 85º C and is enabled with a piezoresistive micro-machine silicon sensing element.

Agricultural Sensors Market Developments:

• In February 2024, CropX Technologies, a global pioneer in digital agricultural solutions, announced the development of a new product in collaboration with Reinke Irrigation to improve farmers' water management through field-specific Evapotranspiration (ET) measurements of crop water usage. Reinke Direct ET™ by CropX is an innovative product that gives inexpensive Actual Evapotranspiration (ETa) readings using a sensor fitted on a Reinke center pivot irrigation system, solely accessible through Reinke.
• In July 2023, CropX Technologies and HELM AG announced a significant milestone in their strategic collaboration to allow data-driven sustainable farming.
• In January 2023, Energous Corporation, a leading developer of RF-based charging for wireless power networks, and ams OSRAM, a global leader in optical solutions, announced a collaboration to create a wirelessly powered multi-spectral light sensor for Controlled Environment Agriculture (CEA) and vertical farming.

• In May 2022, Murata Manufacturing Co., Ltd. launched a highly accurate three-in-one soil sensor for data-driven sustainable agriculture. The sensor allows farmers to maximize crop output and quality while minimizing resources such as water and fertilizers by measuring electrical conductivity (EC), water content, and soil temperature simultaneously.

Segmentation:

• By Type
  • Humidity Sensor
  • Electrochemical Sensor
  • Mechanical Sensor
  • Airflow Sensor
  • Optical Sensor
  • Pressure Sensor
  • Water Sensor
  • Soil Sensor
  • Livestock Sensor
  • Others
• By Application
  • Dairy Management
  • Soil Management
  • Climate Management
  • Water Management
• By Offering
  • Hardware
  • Software
  • Services
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others 
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others 
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others 
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others