The increasing usage of sensors in precision farming, the rising collaboration of agritech companies with sensors providers, government support to promote modern agriculture farming techniques, increasing focus on livestock monitoring and disease prevention for improvising farm output are the factors which  drives the market for agricultural sensors industry.

According to the current analysis of Reports and Data, the global Agricultural Sensors market was valued at USD 1,505.4 Million in 2020 and expected to reach USD 3,200.8 Million by the year 2028 at a CAGR of 11.04%. The sensing technologies are used in precision agriculture, providing data that helps farmers monitor and optimize crops, as well as to adapt to changing environmental factors. This provides actionable data to be processed and implemented as a need be to maximize crop yield while minimizing environmental effects.

The global agricultural sensors market is experiencing significant growth due to several key factors. The adoption of precision farming techniques and increasing collaborations between agrochemical companies and sensor providers are driving the growth of this market. The use of sensing technologies in precision agriculture is helping farmers to monitor and optimize crops, as well as to adapt to changing environmental factors. This is providing actionable data that can be processed and implemented to maximize crop yield while minimizing environmental effects.

The increasing focus on livestock monitoring and disease prevention for improving farm output is also contributing to the growth of this market. The use of sensors in livestock monitoring can help farmers to track animal health, detect diseases early, and optimize feed consumption. This can help to improve animal welfare, reduce waste, and increase productivity.

Get a sample of the report @ https://www.reportsanddata.com/download-free-sample/2420

The information and communication technology sector is rapidly gaining traction owing to rapid technological advancements, high demand for smartphones, laptops, computers and other modern electronic devices, and increasing adoption of latest technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and cloud services. The ICT sector consists of several sections, software, hardware, telecommunications and other services. Factors such as increasing demand for advanced ICT services in BFSI, agriculture, retail, hospital and healthcare, rapid adoption of digitalization, rising number of internet users and high demand of advanced services and devices are expected to drive global market revenue growth during the forecast period. Other factors such as increasing need for managing large data base, rising concerns about data security and increasing investments in R&D activities are expected to boost market growth during the forecast period.

Competitive Landscape:

Competitive landscape of global Keyword market is quite fragmented with regional and global key players. These market players are involved in various strategies including mergers and acquisitions, collaborations, new product launches or corporate deals to retain their market position and expand their product portfolio.

some leading companies operating in the global Keyword market:

Auroras, Agsmarts Inc., Irrometer Company Inc., Stevens Water Monitoring Systems Inc., Delta-T Devices Ltd, Spectrum Technologies Inc., Sentek Ltd, Aquaspy Inc., and CropX, among others.

Inquiry before buying @ https://www.reportsanddata.com/inquiry-before-buying/2420

The global market is further segmented into type and application:

Sensor Type (Revenue, USD Million; 2018–2028)

• Location
• Humidity
• Electrochemical
• Mechanical
• Airflow
• Optical
• Pressure
• Water
• Soil
• Livestock

 Application (Revenue, USD Million; 2018–2028)

• Dairy Management
• Soil Management
• Climate Management
• Water Management
• Precision Farming
• Smart Green House

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
• Latin America (Brazil, Rest of LATAM)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/2420

Thank you for reading our report. We also offer customized report as per client requirement. Kindly connect with us to know more about customization plan and our team will offer you the altered report.

Explore More Industry Research by Reports and Data:

Metering Pumps Market @ https://www.globenewswire.com/news-release/2019/10/17/1931345/0/en/Metering-Pumps-Market-To-Reach-USD-7-40-Billion-By-2026-Reports-And-Data.html

Smart Water Meter Market @ https://www.globenewswire.com/news-release/2020/03/09/1997441/0/en/Smart-Water-Meters-Market-To-Reach-USD-10-7-Billion-By-2026-Reports-and-Data.html

3D Titanium Technology Market @ https://www.globenewswire.com/news-release/2020/03/09/1997479/0/en/3D-Titanium-Technology-Market-To-Reach-USD-4-57-Billion-By-2027-Reports-and-Data.html

Industrial Insulation Market @ https://www.globenewswire.com/news-release/2020/05/21/2037324/0/en/Industrial-Insulation-Market-To-Reach-USD-4-74-Billion-By-2027-Reports-and-Data.html

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com