North America Agriculture Sensor Market Size, Share & Industry Trends Analysis Report By Type (Location Sensors, Livestock Sensors, Optical Sensors, Water Sensors, Others), By Application, By Country and Growth Forecast, 2021 - 2027
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the North America Agriculture Sensor Market
Market Report Description
The North America Agriculture Sensor Market would witness market growth of 13.3% CAGR during the forecast period (2021-2027).
Agriculture sensors are becoming popular among farmers because of the rising demand for optimal production with limited resources. Rising investments for the precision agriculture approach by the private as well as the public sector may increase the adoption of agriculture sensors. Furthermore, continuously changing weather patterns & increased global warming are other factors responsible for the growing demand for agriculture sensors.
These sensors can provide information regarding the soil temperature, rainfall, air temperature, chlorophyll, leaf wetness, solar radiation, atmospheric pressure, & wind direction, etc. These sensors are used in many types of equipment of agriculture industry farming applications like measuring the trunk diameter. The agriculture sensors are used in drones to spray insecticides & pesticides in the field.
The availability of infrastructure support, acceptance of precession & smart farming techniques, increased deployment of advanced farming solutions, and government support to enhance the agricultural production capacity in the region is resulting in the high demand for agriculture sensors in North America. Due to the continuously increasing urbanization, the buildings are being made on the farming land, ultimately reducing the production area in the countries such as Canada, and the United States, which is further rising the demand to increase the crop production in a limited area.
Also, the continuous advancements taking place in precision & smart farming technologies has increased the adoption of smart farming to get greater benefits which further increases the adoption of agriculture sensors to get greater extend. Furthermore, the import competition in the United States is growing continuously due to the Canadian trade agreements.
The US market dominated the North America Agriculture Sensor Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $933.9 million by 2027. The Canada market is anticipated to grow at a CAGR of 12% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 15% 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 U.S., Mexico, Canada, and Rest of North America.
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.
Scope of the Study
Market Segments Covered in the Report:
- Location Sensors
- Livestock Sensors
- Optical Sensors
- Water Sensors
- Humidity Sensors
- Airflow Sensors & Pressure Sensors
- Electrochemical & Mechanical Sensors
- Soil Moisture Sensors
- Granular Matrix Sensors
- Capacitance Sensors
- Time-domain Transmissometry (TDT) Sensors & Gypsum Blocks
- Soil Management
- Water Management
- Smart Green House
- Dairy Management
- Climate Management
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free