Global Soil Moisture Sensor Market is expected to reach USD 351.23 Million by 2026 from USD XX Million in 2019 at a CAGR of XX % (Detailed analysis of the market CAGR is provided in the report).
Global Soil Moisture Sensor Market
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The Global Soil Moisture Sensor Market based on sensor type has been segmented into volumetric soil moisture sensors and soil water potential sensors. The volumetric soil moisture sensors is expected to be the major contributor for the market growth during the forecast period. The volumetric soil moisture sensors are more accurate and need very little or no calibration at the time of installation. The soil water potential sensors is expected to grow at a higher CAGR during the forecast period as they are affordable and can be used in any soil condition. The market based on vertical, the agricultural segment is expected to hold the largest shares of the market during the forecast period. As agriculture is the major application of soil moisture sensors. The large adoption of soil moisture sensors in irrigation scheduling in the farms has largely contributed to the growth of application of soil moisture sensor in agriculture.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.