0

Sensing Devices Market for Farms by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR70023
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The sensing devices market size for farms has the potential to grow by USD 576.42 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 13.29%. 

This report provides a detailed analysis of the market by product (soil management sensing devices, water management sensing devices, and climate management sensing devices), geographic landscape (North America, Europe, APAC, South America, and MEA), and key vendors. 

Market Overview

Sensing-Devices-Market-For-Farms-Market-Size-2020-2025

Browse TOC and LoE with selected illustrations and example pages of Sensing Devices Market for Farms 

Request a FREE sample now!

Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Agri-TechE
  • Campbell Scientific Inc.
  • E.S.I. Environmental Sensors Inc.
  • Irrometer Co. Inc.
  • Robert Bosch GmbH
  • Stevens Water Monitoring Systems Inc.
  • The Toro Co.
  • Trimble Inc.
  • Yara International ASA
  • Yuktix Technologies

 

The sensing devices market for farms is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as an increase in smart farming practices to achieve growth opportunities. However, factors such as high initial costs for farmers will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the sensing devices market forecast for farms report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This sensing devices market analysis for farms report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. Grab your Free Sample now to unlock further information on other key market drivers.

Sensing Devices Market for Farms: Segmentation by Geography

Sensing-Devices-Market-For-Farms-Market-Share-by-Region-2020-2025

For more insights on the market share of various regions Request for a FREE sample now!

32% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for sensing devices market for farms in North America. Market growth in this region will be slower than the growth of the market in other regions.

The early adoption of products with advanced technologies is one of the prime factors that will facilitate the sensing devices market growth for farms in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Sensing Devices Market for Farms: Segmentation by Product

Sensing-Devices-Market-For-Farms-Market-Share-by-Product-2020-2025

Request for a FREE sample and Get more information on the market contribution of various segments

During the forecast period, market growth will also be driven by increasing focus on ensuring sustainable agricultural practices such as reducing greenhouse-gas emissions. Moreover, the need to improve crop yield has resulted in farmers increasing their focus on factors such as monitoring soil conditions. Hence, the soil management sensing devices segment will exhibit a fast growth rate during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the sensing devices market size for farms.  Fetch actionable market insights on post COVID-19 impact on each segment.   

 

Event-Tickets-Market-Report

Request for a FREE sample

Sensing Devices Market for Farms: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive sensing devices market growth for farms during the next five years
  • Precise estimation of the sensing devices market size for farms and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the sensing devices market for farms industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of sensing devices market for farms vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Sensing Devices Market For Farms Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 13%

Market growth 2021-2025

$ 576.42 million

Market structure

Fragmented

YoY growth (%)

12.65

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 32%

Key consumer countries

US, Germany, France, Canada, and Australia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Agri-TechE, Campbell Scientific Inc., E.S.I. Environmental Sensors Inc., Irrometer Co. Inc., Robert Bosch GmbH, Stevens Water Monitoring Systems Inc., The Toro Co., Trimble Inc., Yara International ASA, and Yuktix Technologies

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Read More Read Less

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five Forces Summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Soil management sensing devices - Market size and forecast 2020-2025
    • Water management sensing devices - Market size and forecast 2020-2025
    • Climate management sensing devices - Market size and forecast 2020-2025
    • Market opportunity by Product
    • COVID-19 impact and recovery for product segment

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Volume drivers – Demand led growth
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Agri-TechE
      • Campbell Scientific Inc.
      • E.S.I. Environmental Sensors Inc.
      • Irrometer Co. Inc.
      • Robert Bosch GmbH
      • Stevens Water Monitoring Systems Inc.
      • The Toro Co.
      • Trimble Inc.
      • Yara International ASA
      • Yuktix Technologies

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The sensing devices market for farms market growth will increase by $576.42 million during 2020-2025.
      The sensing devices market for farms market is expected to grow at a CAGR of 13.29% during 2020-2025.
      Technavio has segmented the sensing devices market for farms market by product (Soil management sensing devices, Water management sensing devices, and Climate management sensing devices) and geographic (North America, Europe, APAC, South America, and MEA).
      Agri-TechE, Campbell Scientific Inc., E.S.I. Environmental Sensors Inc., Irrometer Co. Inc., Robert Bosch GmbH, Stevens Water Monitoring Systems Inc., The Toro Co., Trimble Inc., Yara International ASA, Yuktix Technologies are a few of the key vendors in the sensing devices market for farms market.
      North America will register the highest growth rate of 32.34% among the other regions. Therefore, the sensing devices market for farms market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the sensing devices market for farms market growth are:
      • Increase in smart farming practices
      • Availability of funding for vendors
      The sensing devices market for farms market vendors should focus on grabbing business opportunities from the soil management sensing devices segment as it accounted for the largest market share in the base year.
      Safe and Secure SSL Encrypted
      Technavio

      Single User:

      2500 USD

      Technavio Get the report (PDF) sent to your email within minutes.

      Subscribe & Save

      Get lifetime access to our
      Technavio Insights

      Want to customize this report?

      This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

      We offer $1000 worth of FREE customization at the time of purchase
      Technavio
      Enquire Before Buying
      1. Home
      2. Industrials
      3. Published Report
      17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>