The Soil Moisture Sensor market is projected to expand significantly, reaching approximately US$ 288.3 million by 2025, up from US$ 99.3 million in 2016. Among the various types of sensors, the Volumetric Soil Moisture Sensor segment is anticipated to maintain its leading position in terms of value share throughout the forecast period. In 2016, this segment was estimated to hold over 60% of the market's value share. Volumetric Soil Moisture Sensors are primarily utilized to assess the water content in soil by referencing dielectric constants, electrical resistance, or neutron interactions. These devices provide users with reliable and precise measurements of soil moisture, making them suitable for a wide range of applications in soil science, environmental science, agricultural science, horticulture, biology, botany, and more.
Several key trends have emerged within the market, including a growing consumer interest in smart sensors, the development of sensors capable of measuring moisture over larger areas, and an increase in the use of sensors for residential purposes. The rising emphasis on water conservation and the expanding application of these sensors across various industry sectors are significant factors propelling market growth. However, a notable challenge hindering market expansion is the lack of consumer awareness regarding advanced irrigation techniques in the agricultural sector, largely due to the prevalence of unskilled labor.
When examining the end-user verticals, the agriculture segment is expected to remain the most dominant throughout the forecast period. This dominance is primarily driven by consumers' increasing focus on water conservation during irrigation processes and the desire for improved crop quality. Following agriculture, the sports turf segment is projected to capture a substantial share of revenue, as consumers place greater importance on the aesthetics of fields and the controlled growth of grass in outdoor sports arenas, contributing to the segment's growth.
The overall market size has been determined through a combination of primary and secondary research methods. The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data related to the market. Additionally, primary interviews are conducted with industry participants and commentators to validate the data and analysis. Participants in this process typically include industry experts such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the Soil Moisture Sensor industry.