The Europe Agriculture Sensor Market would witness market growth of 13.2% CAGR during the forecast period (2021-2027).
The agricultural sensors are easy to operate & maintain, which is creating more demand for these sensors. These sensors are cheaper due to which they can easily be adopted by small scale farmers. The agriculture sensors are equipped with a wireless chip which enables these sensors to be control remotely. Also, the choice of agriculture sensor depends upon the type of information meant to be gathered. The main function of agriculture sensor is data analytics. There is need of efficient data analytics capabilities, in order to get the deeper knowledge on the basis of which required action can be taken.
The agricultural activities are now performed in a different & better way by the use of modern farming technologies such as moisture sensors, location sensors, etc. These advanced technologies are being adopted widely in the precision agriculture. These sensors help the farmers and other stakeholders to cope up with ongoing as well as upcoming environmental changes which may affect the yield in any manner.
The United Kingdom has one of the best agricultural researches in the technologies & science development system. The government of the United Kingdom is increasing the funding in the farming industry which would increase the adoption of agriculture sensors in the region. Furthermore, various projects have been launched by government authorities & many organizations in different countries to build indoor farmhouses in order to overcome the challenges like changing climatic conditions, expanding population and high demand for food production.
Indoor farmers can employ automated watering systems, pH sensors, and climate control software to cope up with the challenges such as disease prevention and pest management. It is feasible to reliably monitor real-time temperatures by use of wireless sensors in order to maintain an optimal growing environment.
The Germany market dominated the Europe Agriculture Sensor Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $161.5 million by 2027. The UK market is exhibiting a CAGR of 12.2% during (2021 - 2027). Additionally, The France market would display a CAGR of 14.1% during (2021 - 2027).
Based on Type, the market is segmented into Location Sensors, Livestock Sensors, Optical Sensors, Water Sensors, Humidity Sensors, Airflow Sensors & Pressure Sensors, Electrochemical & Mechanical Sensors, and Soil Moisture Sensors. Further, Soil Moisture Sensors are divided on the basis of Tensiometers, Granular Matrix Sensors, Capacitance Sensors, Probes, and Time-domain Transmissometry (TDT) Sensors & Gypsum Blocks. Based on Application, the market is segmented into Soil Management, Water Management, Smart Green House, Dairy Management, Climate Management, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global IoT in Agriculture Sensor Market Size will Hit $2.8 Billion by 2027, at a CAGR of 13.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include CropIn Technology Solutions Private Limited, CropX, Inc., dol-sensors a/s, Sentera, Inc., Monnit Corporation, Texas Instruments, Inc., Glana Sensors AB, Libelium Comunicaciones Distribuidas S.L., Pycno Agriculture, and Sensaphone.
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