Wireless Sensors In Precision Agriculture And Environmental Monitoring Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_0097820
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 6.52 |
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The Wireless Sensors in Precision Agriculture and Environmental Monitoring Market size is estimated to grow at a CAGR of 8.45% between 2022 and 2032. The market size is forecast to increase by USD 3,567.21 million. The growth of the market depends on several factors, including the increasing adoption of precision agriculture techniques, the need for real-time monitoring and data analysis in agriculture, and the growing focus on environmental sustainability. Wireless sensors play a crucial role in precision agriculture and environmental monitoring by providing real-time data on various parameters such as soil moisture, temperature, humidity, and air quality. These sensors enable farmers and environmentalists to make informed decisions, optimize resource utilization, and enhance productivity.
Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Overview:
Drivers:
One of the key factors driving the wireless sensors in precision agriculture and environmental monitoring market growth is the increasing adoption of precision agriculture techniques. Precision agriculture involves the use of advanced technologies and data-driven approaches to optimize agricultural practices. Wireless sensors play a vital role in precision agriculture by providing accurate and real-time data on soil conditions, crop health, and environmental factors. This data helps farmers in making informed decisions regarding irrigation, fertilization, and pest control, leading to improved crop yields and resource efficiency.
Moreover, the need for real-time monitoring and data analysis in agriculture is also driving the market growth. Wireless sensors enable continuous monitoring of various parameters such as soil moisture, temperature, and nutrient levels. This real-time data can be analyzed using advanced analytics tools to gain insights into crop health, water usage, and environmental conditions. By monitoring and analyzing this data, farmers can detect early signs of plant stress, optimize irrigation schedules, and prevent crop diseases, thereby improving overall agricultural productivity.
Trends:
A key trend shaping the wireless sensors in precision agriculture and environmental monitoring market is the integration of wireless connectivity and cloud-based platforms. Manufacturers are incorporating wireless technologies such as Wi-Fi or LoRaWAN into wireless sensor systems, enabling seamless data transmission and remote monitoring. These wireless sensors can be connected to cloud-based platforms, allowing farmers and environmentalists to access real-time data and analytics from anywhere. This integration of wireless connectivity and cloud-based platforms enhances the scalability, flexibility, and accessibility of precision agriculture and environmental monitoring systems.
Furthermore, there is a growing focus on environmental sustainability, which is driving the demand for wireless sensors in environmental monitoring applications. Wireless sensors can be deployed in various environmental settings to monitor air quality, water quality, and weather conditions. This data helps in assessing the impact of human activities on the environment, identifying pollution sources, and implementing effective mitigation strategies. The use of wireless sensors in environmental monitoring enables real-time data collection, analysis, and reporting, facilitating proactive environmental management and conservation efforts.
Restraints:
One of the key challenges hindering the wireless sensors in precision agriculture and environmental monitoring market growth is the high initial cost of sensor deployment and infrastructure setup. Wireless sensor systems require upfront investments in sensor devices, network infrastructure, and data management platforms. This cost factor may deter small-scale farmers or organizations with limited budgets from adopting wireless sensor technologies. However, advancements in sensor technology, economies of scale, and government initiatives promoting precision agriculture and environmental sustainability are expected to mitigate this challenge over time.
Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Segmentation By Application:
The precision agriculture segment is estimated to witness significant growth during the forecast period. Wireless sensors play a crucial role in precision agriculture by providing real-time data on soil moisture, temperature, nutrient levels, and other parameters. This data helps farmers in optimizing irrigation, fertilization, and pest control practices, leading to improved crop yields and resource efficiency. Wireless sensor networks can be deployed across large agricultural fields, enabling comprehensive monitoring and data collection for precision agriculture applications.
The environmental monitoring segment is also expected to contribute to the market growth. Wireless sensors are widely used in environmental monitoring to measure air quality, water quality, weather conditions, and other environmental parameters. These sensors can be deployed in urban areas, industrial sites, and natural ecosystems to assess the impact of human activities on the environment and implement effective mitigation strategies. Wireless sensor networks enable real-time data collection, analysis, and reporting, facilitating proactive environmental management and conservation efforts.
Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Segmentation By Type:
The soil moisture sensors segment is expected to dominate the market during the forecast period. Soil moisture is a critical parameter in precision agriculture and environmental monitoring as it directly affects crop growth, water usage, and soil health. Wireless soil moisture sensors provide real-time data on soil moisture levels, enabling farmers to optimize irrigation schedules and prevent overwatering or underwatering of crops. These sensors can be deployed across agricultural fields or natural ecosystems, providing valuable insights into soil moisture dynamics and water resource management.
Regional Overview:
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North America is estimated to contribute significantly to the growth of the global wireless sensors in precision agriculture and environmental monitoring market during the forecast period. The region has a high adoption rate of precision agriculture techniques and advanced sensor technologies. The presence of key market players, technological advancements, and favorable government initiatives promoting precision agriculture further support market growth in North America.
Europe is also expected to witness substantial growth in the wireless sensors in precision agriculture and environmental monitoring market. The region has a strong focus on sustainable agriculture practices and environmental conservation. The increasing adoption of precision agriculture techniques and wireless sensor technologies, coupled with stringent environmental regulations, is driving the market in Europe.
Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Customer Landscape:
The wireless sensors in precision agriculture and environmental monitoring market industry report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Companies?
Companies are implementing various strategies, such as product launches, partnerships, mergers and acquisitions, and geographical expansion, to enhance their presence in the market.
Some of the major companies operating in the wireless sensors in precision agriculture and environmental monitoring market include:
- ABB Ltd.
- Agilent Technologies Inc.
- Davis Instruments Corporation
- Honeywell International Inc.
- Libelium Comunicaciones Distribuidas S.L.
- Monsanto Company
- OMRON Corporation
- Schneider Electric SE
- Siemens AG
- Yara International ASA
The research report also includes detailed analyses of the competitive landscape of the market and information about key market players. Data is qualitatively analyzed to categorize companies based on their market presence and strength.
Segment Overview:
The wireless sensors in precision agriculture and environmental monitoring market report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
- Application Outlook (USD Million, 2019 - 2032)
o Precision Agriculture
o Environmental Monitoring
o Others
- Type Outlook (USD Million, 2019 - 2032)
o Soil Moisture Sensors
o Temperature Sensors
o Humidity Sensors
o Air Quality Sensors
o Others
- Geography Outlook (USD Million, 2019 - 2032)
o North America
- The U.S.
- Canada
o Europe
- K.
- Germany
- France
- Rest of Europe
o Asia Pacific
- China
- India
o South America
- Brazil
- Argentina
- Rest of South America
o Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
TABLE OF CONTENTS: GLOBAL Wireless Sensors in Precision Agriculture and Environmental Monitoring MARKET
Chapter 1. MARKET SYNOPSIS
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. EXECUTIVE SUMMARY
2.1. Summary Snapshot, 2016 - 2027
Chapter 3. INDICATIVE METRICS
3.1. Macro Indicators
Chapter 4. Wireless Sensors in Precision Agriculture and Environmental Monitoring MARKET SEGMENTATION & IMPACT ANALYSIS
4.1. Wireless Sensors in Precision Agriculture and Environmental Monitoring Segmentation Analysis
4.2. Industrial Outlook
4.3. Price Trend Analysis
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.5.1. Power Of Suppliers
4.5.2. Power Of Buyers
4.5.3. Threat Of Substitutes
4.5.4. Threat Of New Entrants
4.5.5. Competitive Rivalry
Chapter 5. Wireless Sensors in Precision Agriculture and Environmental Monitoring MARKET BY TYPE INSIGHTS & TRENDS
5.1. Segment 1 Dynamics & Market Share, 2019 & 2027
5.2. Type 1
5.2.1. Market Estimates And Forecast, 2016 - 2027 (USD Million)
5.2.2. Market Estimates And Forecast, By Region, 2016 - 2027 (USD Million)
5.3. Type 2
5.3.1. Market Estimates And Forecast, 2016 - 2027 (USD Million)
5.3.2. Market Estimates And Forecast, By Region, 2016 - 2027 (USD Million)
Chapter 6. Wireless Sensors in Precision Agriculture and Environmental Monitoring MARKET BY APPLICATION INSIGHTS & TRENDS
6.1. Segment 2 Dynamics & Market Share, 2019 & 2027
6.2. Application 1
6.2.1. Market Estimates And Forecast, 2016 - 2027 (USD Million)
6.2.2. Market Estimates And Forecast, By Region, 2016 - 2027 (USD Million)
6.3. Application 2
6.3.1. Market Estimates And Forecast, 2016 - 2027 (USD Million)
6.3.2. Market Estimates And Forecast, By Region, 2016 - 2027 (USD Million)
6.4. Application 3
6.4.1. Market Estimates And Forecast, 2016 - 2027 (USD Million)
6.4.2. Market Estimates And Forecast, By Region, 2016 - 2027 (USD Million)
6.5. Application 4
6.5.1. Market Estimates And Forecast, 2016 - 2027 (USD Million)
6.5.2. Market Estimates And Forecast, By Region, 2016 - 2027 (USD Million)
Chapter 7. Wireless Sensors in Precision Agriculture and Environmental Monitoring MARKET REGIONAL OUTLOOK
7.1. Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Share By Region, 2019 & 2027
7.2. NORTH AMERICA
7.2.1. North America Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.2.2. North America Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.2.3. North America Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.2.4. North America Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.2.5. U.S.
7.2.5.1. U.S. Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.2.5.2. U.S. Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.2.5.3. U.S. Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.2.5.4. U.S. Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.2.6. CANADA
7.2.6.1. Canada Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.2.6.2. Canada Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.2.6.3. Canada Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.2.6.4. Canada Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.3. EUROPE
7.3.1. Europe Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.3.2. Europe Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.3.3. Europe Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.3.4. Europe Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.3.5. GERMANY
7.3.5.1. Germany Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.3.5.2. Germany Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.3.5.3. Germany Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.3.5.4. Germany Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.3.6. FRANCE
7.3.6.1. France Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.3.6.2. France Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.3.6.3. France Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.3.6.4. France Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.3.7. U.K.
7.3.7.1. U.K. Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.3.7.2. U.K. Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.3.7.3. U.K. Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.3.7.4. U.K. Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.4. ASIA-PACIFIC
7.4.1. Asia Pacific Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.4.2. Asia Pacific Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.4.3. Asia Pacific Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.4.4. Asia Pacific Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.4.5. CHINA
7.4.5.1. China Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.4.5.2. China Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.4.5.3. China Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.4.5.4. China Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.4.6. INDIA
7.4.6.1. India Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.4.6.2. India Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.4.6.3. India Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.4.6.4. India Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.4.7. JAPAN
7.4.7.1. Japan Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.4.7.2. Japan Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.4.7.3. Japan Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.4.7.4. Japan Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.4.8. AUSTRALIA
7.4.8.1. Australia Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.4.8.2. Australia Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.4.8.3. Australia Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.4.8.4. Australia Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.5. MIDDLE EAST AND AFRICA (MEA)
7.5.1. Mea Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.5.2. Mea Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.5.3. Mea Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.5.4. Mea Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.6. LATIN AMERICA
7.6.1. Latin America Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.6.2. Latin America Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.6.3. Latin America Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.6.4. Latin America Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Production Process, 2016 -2027, (USD Million)
7.6.5. Latin America Wireless Sensors in Precision Agriculture and Environmental Monitoring Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
Chapter 8. COMPETITIVE LANDSCAPE
8.1. Market Share By Manufacturers
8.2. Strategic Benchmarking
8.2.1. New Product Launches
8.2.2. Investment & Expansion
8.2.3. Acquisitions
8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures
8.3. Vendor Landscape
8.3.1. North American Suppliers
8.3.2. European Suppliers
8.3.3. Asia-Pacific Suppliers
8.3.4. Rest Of The World Suppliers
Chapter 9. COMPANY PROFILES
9.1. Company 1
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2. Company 2
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3. Company 3
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
9.4. Company 4
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Insights
9.4.4. Strategic Initiatives
9.5. Company 5
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Insights
9.5.4. Strategic Initiatives
9.6. Company 6
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Insights
9.6.4. Strategic Initiatives
9.7. Company 7
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Insights
9.7.4. Strategic Initiatives
9.8. Company 8
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Insights
9.8.4. Strategic Initiatives
9.9. Company 9
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Insights
9.9.4. Strategic Initiatives
9.10. Company 10
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Insights
9.10.4. Strategic Initiatives
List of Tables and Figures
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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