A $82.9 Million Global Opportunity for Smart Soil Moisture Sensors by 2026 - New Research from StrategyR

SAN FRANCISCO  , July 4, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Smart Soil Moisture Sensors - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Edition: 7; Released: January 2022
Executive Pool: 433
Companies: 13 - Players covered include Acclima, Inc.; AquaCheck Pvt. Ltd; Campbell Scientific; Davis Instruments; Decagon Devices, Inc.; Delta-T Devices Ltd.; Husqvarna; Irrometer Company, Inc.; Meter Group; Parrot; Sentek Pvt. Ltd.; Stevens Water Monitoring System, Inc.; Streat Instruments; Toro Company and Others.
Coverage: All major geographies and key segments
Segments: Application (Agriculture, Landscaping, Sports Turf, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Smart Soil Moisture Sensors Market to Reach $82.9 Million by 2026
Amid the COVID-19 crisis, the global market for Smart Soil Moisture Sensors estimated at US$32.7 Million, is projected to reach a revised size of US$82.9 Million by 2026, growing at a CAGR of 16.6% over the analysis period. Agriculture, one of the segments analyzed in the report, is projected to record a 17.3% CAGR and reach US$63.9 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Landscaping segment is readjusted to a revised 16.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $11.5 Million in 2021, While China is Forecast to Reach $14.4 Million by 2026
The Smart Soil Moisture Sensors market in the U.S. is estimated at US$11.5 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$14.4 Million by the year 2026 trailing a CAGR of 15.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.9% and 14.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 12.1% CAGR.

Sports Turf Segment to Reach US$8.4 Million by the year 2026
In the global Sports Turf segment, USA, Canada, Japan, China and Europe will drive the 14.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.9 Million will reach a projected size of US$7.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.