Title: Soil Monitoring Market in America witness Largest Market Share during the Forecast Period
1MarketsandMarkets Presents
Soil Monitoring Market in America witness Largest
Market Share during the Forecast Period Soil
Monitoring Market with Covid-19 Impact Analysis
by Offering (Hardware, Software, Services),
System Type (Sensing Imagery, Ground-based
Sensing, Robotic Telematics), Application
(Agricultural, Non-agricultural), Region - Global
Forecast to 2025 https//www.marketsandmarkets.co
m/Market-Reports/soil-moisture-sensor-market-14065
3896.html
2 The soil monitoring market is estimated to be
worth USD 370 million in 2020 and projected to
reach USD 680 million by 2025, at a CAGR of
12.9. Concerted efforts of governments and
companies to promote sustainable agriculture
practices, pressing need to preserve soil
quality, stringent government regulations
pertaining to ecological stability, and growing
need for improving farm productivity to feed
rising population are some of the driving factors
for the soil monitoring market. Browse 144
market data Tables and 65 Figures spread
through 234 Pages and in-depth TOC on "Soil
Monitoring Market with Covid-19 Impact Analysis -
Global Forecast to 2025"
3 Americas held the largest share in the soil
monitoring market in 2019 and could dominate the
market during the forecast period. The presence
of agri-tech companies such as The Toro Company,
Campbell Scientific, Stevens Water Monitoring
Systems, etc. is the prominent reason for the
large market share in the soil monitoring market.
However the APAC region is expected to witness a
high growth during the forecast period owing to
the high degree of adoption of agriculture
technology in the countries like Australia, New
Zealand and Japan with emerging countries like
India and China investing a huge amount in the
digitization of agriculture sector. Ask PDF
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4Ground-based monitoring systems were the most
extensively used technology in the global soil
monitoring market in 2019 Ground-based monitoring
systems accounted for the largest share in the
soil monitoring market in the year 2019. The high
level of adoption of sensors and other soil
monitoring devices has been on the rise among the
progressive farmers across the globe. This is due
to the several benefits provided by these sensors
which enable the growers to provide site specific
inputs to the crops. The ground-based monitoring
systems is expected to get a further boost during
the forecast period. The market for telematics
and robotics is expected to grow at the highest
rate during the period 2020-2025. The rising
labor crisis in most of the countries and remote
monitoring application could lead to a demand for
the telematics and robotics in the
market. Request Free Sample Pages https//www.ma
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896 Hardware offerings to hold larger market
share during forecast period The hardware
offering are expected to hold the largest market
share in the soil monitoring market during the
forecast period. This is due to the increasing
penetration of soil sensors, soil scanners,
weather stations, and other devices for soil
monitoring among the farmers. The resulting
penetration could boost the soil monitoring
market for hardware further to grow at a
significant rate. The progressive farmers in
various parts of the world have witnessed several
benefits of soil monitoring which has increased
the adoption of soil monitoring sensors and
devices.
5- Recent Developments
- Stevens Water acquired Structure Monitoring (US),
a provider of intelligent IoT solutions, to
enhance Steven Waters platformStevens-Connect. - SGS partnered with Mammoet (Netherlands), a
global leader in lifting and transporting heavy
objects, for sustainable soil stabilization in
Nigeria. - METER Group launched 2 new data loggersZL6 Basic
and ZL6 Proto its Zentra series of data loggers
and will provide more options to customers to
connect with their data. - Element Materials Technology opened a laboratory
in Oman, which predominantly provides testing
services related to the construction sector,
including concrete, soil, and aggregates testing.
This expansion enabled the company to provide
expert testing services to the customers in the
region. - The Toro Company acquired Venture Products (US),
manufacturer of Ventrac Products. This
acquisition will support the companys strategy
to grow in the professional market with an
expanded product line to cater to customers in
landscape, turf, and snow and ice maintenance
categories.
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