The European soil moisture monitoring system market is expected to reach USD 191.43 million in 2024 and reach USD 414.09 million by 2029, growing at a CAGR of 13.72% from 2024 to 2029.
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.
The 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, a lack of awareness among the farmers and the high cost of equipment are restraining the market growth.
This research report on the Europe soil moisture monitoring system market is segmented and sub-segmented into the following categories:
Europe Soil Moisture Monitoring System Market - By Type:
Granular Matrix Sensors System leads the market due to its effectiveness in aiding the schedule of irrigation.
Europe Soil Moisture Monitoring System Market - By Application:
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.
Europe Soil Moisture Monitoring System Market – By Country:
Germany leads the market in this region due to the high technological adoption of agriculture and its relatively large farming area compared to other nations in Europe.
KEY MARKET PLAYERS:
Stevens Water Monitoring Systems, Hebei Fei Meng Electric Technology, Campbell Scientific, China Huayun Group, McCrometer, Isaacs & Associates, Eco-Drip, Lindsay. These are some of the market players dominating the Europe soil moisture monitoring systems market.
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