PUNE, India, May 25, 2018 /PRNewswire/ --
According to the new market research report on "Soil Moisture Sensor Market by Type (Volumetric and Soil Water Potential), Application (Agriculture, Residential, Landscaping, Sports Turf, Weather Forecasting, Forestry, Research Studies, and Construction & Mining), and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the market is expected to grow from USD 131.7 million in 2018 to USD 264.0 Million by 2023, at a CAGR of 14.92% between 2018 and 2023. The growth of this market is driven by a gradual shift in the climatic conditions and growing demand for the improved productivity.
(Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )
Browse 78 market data Tables and 32 Figures spread through 143 Pages and in-depth TOC on "Soil Moisture Sensor Market - Global Forecast to 2023"
Early buyers will receive 10% customization on this report
Volumetric soil moisture sensors to hold larger share of market during forecast period
In terms of value, volumetric soil moisture sensors are expected to hold a larger share of the soil moisture sensor market during the forecast period. The volumetric soil moisture sensors provide more accurate data and require very little or no calibration at the time of installation; hence, their demand in almost all the applications is high.
Soil moisture sensor market for sports turf application to grow at highest CAGR during forecast period
The soil moisture sensor market for sports turf application is expected to grow at the highest CAGR during the forecast period. As more people are interested in sports for the entertainment purpose, investments for the betterment of playgrounds, turfs, and other related infrastructure have increased drastically; this leads sports turf to be the fastest-growing application of the soil moisture sensors.
Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=140653896
Americas to hold largest share of soil moisture sensor market during forecast period
The Americas is expected to hold the market with the largest share between 2018 and 2023. The growth of this market is attributed to the factors such as strict environmental regulations, strong government support, efforts toward automation of agricultural processes, and growing adoption of precision farming and yield monitoring practices by small and the large farm owners to increase the productivity of the fields.
Major players in the soil moisture sensor market include METER Group (US), Irrometer Company (US), The Toro Company (US), Campbell Scientific (US), Delta-T Devices (UK), Spectrum Technologies (US), Sentek (Australia), Stevens Water Monitoring Systems (US), E.S.I. Environmental Sensors (Canada), and IMKO Micromodultechnik (Germany).
Know more about the Soil Moisture Sensor Market:
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
630 Dundee Road
Northbrook, IL 60062
Visit Our Blog: http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets