The Global Soil Moisture Monitoring System Market was worth USD xx million in 2016, and is expected to grow at a CAGR of xx%, to reach USD xx million by 2021. Soil Moisture Monitoring System uses several types of sensors to measure water content of the soil or the amount of water available for the plant roots. By monitoring the moisture, water requirements for the soil can be predicted and can apply water only when required.
Excessive use of water for irrigation result in increased costs for pumping and also soil lose its nutrients in the form of leaching. This in turn results in reduced crop yields. Also, monsoons became unpredictable due to global warming. Farmers have to rely on ground water for irrigation purposes. There is a need to produce better yields with less use of water for irrigation.
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Scarcity of water across the globe has resulted in high costs of irrigation. The need for optimal use of water resources in irrigation has increased the demand for soil moisture monitoring systems. Increasing research and development activities, availability of advanced technologies for agricultural use and government initiatives are expected to drive the market. However, lack of awareness among the farmers and high cost of equipment are restraining the market growth.
The Soil Moisture Monitoring System Market is categorized based on the type, application and region. Based on type, the market is categorized into Granular Matrix Sensors System, FullStop System, and Tensiometers System. Granular Matrix Sensors System leads the market due to its effectiveness in aiding the schedule of irrigation. Based on application, the market is categorized into Environmental protection, Agriculture, Sandstorm Warning and Others. Agriculture dominates the market in soil moisture monitoring systems due to the extensive use of monitoring systems in agriculture. Agriculture is also expected to be the fastest growing segment due to the high adoption rate of technologies into agriculture.
Based on geography, the market is categorized into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America leads the Soil Moisture Monitoring System market due to the huge development in agricultural infrastructure and due to the large extensive farming practice which is most benefitted from using this system. Asia Pacific is expected to be the fastest growing segment due to the growing awareness among farmers regarding the use of various technologies in agriculture.
Some of the major players in this region are Stevens Water Monitoring Systems, Hebei Fei Meng electric Technology, Campbell Scientific, China Huayun Group, McCrometer, Isaacs & Associates, Eco-Drip, and Lindsay.
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