LONDON, Dec. 23, 2015 /PRNewswire/ -- Soil moisture sensors are devices used to monitor the soil moisture component of the soil to improve the farm productivity and reduce the water consumption. This report has been segregated based on types, applications, and geographical regions. Soil moisture sensors are being widely used in areas, namely, agriculture, residential, landscaping and ground care, sports turf, weather forecasting, forestry, research studies, and construction. The agriculture application is expected to account for the largest share of the soil moisture sensor market during the forecast period, mainly due to several benefits in farm productivity.
The market segmented on the basis of types has been classified into several subtypes: volumetric soil moisture sensors into probe, TDT, and capacitance and soil water potential sensors into tensiometer, gypsum block, and granular matrix. Soil water potential sensors would witness an increased in demand during the forecast period and is expected to grow at the highest rate.
The total market is expected to reach USD 206.2 million by 2020, at a CAGR of 16.2% between 2015 and 2020. The market for the application of sports turf is expected to grow at a CAGR of 21.6% during the forecast period. The increasing use of soil moisture sensors by turf managers to manage the golf turfs is the key reason for the growth of soil moisture sensors in the sports turf application.
The report analyzes the entire market on the basis of all the major geographical regions—the Americas, Europe, Asia-Pacific, and Rest of the World, including the Middle East and Africa. The Americas is currently a major market for soil moisture sensors market; however, APAC is expected to grow at the highest CAGR of 18.2% during the forecast period.
The report also looks into the whole value chain and supply chain of the soil moisture sensor market. It focuses on the parent market and its segments and, thus, identifies the total market potential. The report also covers drivers, restraints, and opportunities of the soil moisture sensor market.
Major players in this market include Decagon Devices, Inc. (U.S.), The Toro Company (U.S.), IRROMETER Company, Inc. (U.S.), Delta-T Devices Ltd. (U.K.), Sentek Pty. Ltd. (Australia), AquaCheck (Pty) Ltd. (South Africa), Acclima, Inc. (U.S.), and Stevens Water Monitoring Systems, Inc. (U.S.) among others.
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