Global Agriculture Sensing and Monitoring Devices Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 2.0 Billion by 2030, growing at a CAGR of 18.5% from 2024 to 2030.
The Agriculture Sensing and Monitoring Devices Market is witnessing unprecedented growth as technology continues to revolutionize the agricultural sector. With the increasing demand for sustainable farming practices, farmers are adopting advanced sensing and monitoring devices to enhance crop yields, reduce water consumption, and increase efficiency. These devices provide real-time data on soil conditions, weather patterns, and crop health, empowering farmers to make data-driven decisions that maximize productivity and minimize resource wastage.
The global market for agriculture sensing and monitoring devices is projected to grow at a CAGR of 15.2% from 2024 to 2030, as the adoption of Internet of Things (IoT) technology in agriculture gains momentum. Farmers are increasingly turning to automated systems to monitor fields and control irrigation systems, which help optimize water usage and reduce operational costs. Sensors such as soil moisture sensors, temperature sensors, and pH sensors are widely used to monitor the conditions of the soil and crops.
In addition to improving crop yields, these devices play a crucial role in ensuring environmental sustainability. By enabling farmers to monitor their farms remotely, these technologies reduce the need for manual labor and mitigate the risks associated with climate change. Remote sensing technologies like drones and satellites are being integrated into agriculture monitoring systems to offer precise data analysis and predictions that drive smarter farming practices.
The growing trend of precision farming is expected to drive further market expansion. The rise in demand for high-quality food production, along with government support for agricultural technologies, is also contributing to market growth. Major players in the market are introducing innovative solutions such as autonomous tractors and AI-powered monitoring systems to stay ahead of the competition.
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Ag Leader Technology
AgJunction
CropMetrics LLC
Trimble
AGCO Corporation
Raven Industries
Agribotix LLC
Deere and Company
DICKEY-john Corporation
Farmers Edge
Grownetics
Granular
SST Development Group
The Climate Corporation (Monsanto Company)
Topcon Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Agriculture Sensing and Monitoring Devices Market
Yield monitoring
Field mapping
Crop scouting
Based on Types the Market is categorized into Below types that held the largest Agriculture Sensing and Monitoring Devices market share In 2023.
Automation & control systems
Sensing devices
Antennas/access points
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Agriculture Sensing and Monitoring Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Agriculture Sensing and Monitoring Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Agriculture Sensing and Monitoring Devices Market, By Type
6. Global Agriculture Sensing and Monitoring Devices Market, By Application
7. Global Agriculture Sensing and Monitoring Devices Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Agriculture Sensing and Monitoring Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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