Soil Monitoring Market Overview:
Soil Monitoring Market size valued at USD 371 million in 2020 and expected to reach USD at 680 million by 2026, with growth at a CAGR of 15 % during the forecast period 2021-2026
Soil monitoring systems could be a combination of devices that may perform various functions like soil sensing, read/store data and transmit data through transmitter to computers. This data helps in analyzing the soil data thereby higher cognitive process. Measuring soil parameters before plantations through monitoring systems is predicted to decrease water usage, energy costs, and increased yield.
Concerted efforts of governments and firms to market sustainable agriculture practices, pressing must preserve soil quality, stringent government regulations regarding ecological stability, and growing need for improving farm productivity to feed rising population are a number of the driving factors for the soil monitoring market.
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The progressive farmers, within the countries like US, Canada, Netherlands, Israel, Denmark, and Australia, have shown interest in soil monitoring. Soil monitoring is being widely accepted among farmers in irrigation practices because it can help to realize optimum crop quality and maximum yields.
Soil monitoring has become signifnatly important because the world population is increasing considerably which could result in food shortages. so as to tackle the threat of food security over the long run generation the farming community in under excessive pressured to spice up their agricultural output by other ways and means.
Low level of awareness among people regarding soil monitoring could be a major challenge to the expansion of the soil monitoring market. the top users from various fields, like agriculture, residential, landscaping, and sports turf, aren't completely awake to all the advantages of soil monitoring.
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Soil Monitoring Market Segmentation
Soil Monitoring Devices Market is segmented by Product Type (Software, Hardware), by Application (Moisture Monitoring, Salinity Monitoring, Temperature Monitoring and Others), by End User (Farming Usage, Non-Farming Usage), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028.
Soil Monitoring Market Key Players:
Some of the key players in the global soil monitoring devices market includes The Toro Company, Sentek Technologies, Spectrum Technologies, Inc., and Stevens Water Monitoring Systems Inc.
Related Research Topics:
Precision Agriculture Market
Smart Agriculture Market
Agricultural Machinery Market
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