Global Agriculture Sensing and Monitoring Devices Market 2024-2028

Global Agriculture Sensing and Monitoring Devices Market 2024-2028

Global Agriculture Sensing And Monitoring Devices Market 2024-2028

The agriculture sensing and monitoring devices market is forecasted to grow by USD 620.7 mn during 2023-2028, accelerating at a CAGR of 8.37% during the forecast period. The report on the agriculture sensing and monitoring devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising global population boosting food demand, growing government-supporting investments in digital and smart farming, and need for real-time monitoring in changing environmental conditions.

Technavio's agriculture sensing and monitoring devices market is segmented as below:

By Application

• Crop sensing and monitoring devices
• Livestock sensing and monitoring devices

By End-user

• Farmers
• Agricultural companies
• Government and research institutions

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the growing developments in agriculture sensing and monitoring devices as one of the prime reasons driving the agriculture sensing and monitoring devices market growth during the next few years. Also, growing adoption of sensors for pest and disease detection and support precision farming will lead to sizable demand in the market.

The report on the agriculture sensing and monitoring devices market covers the following areas:

• Agriculture sensing and monitoring devices market sizing
• Agriculture sensing and monitoring devices market forecast
• Agriculture sensing and monitoring devices market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading agriculture sensing and monitoring devices market vendors that include Ag Leader Technology, AGCO Corp., Arable Labs Inc., Auroras Srl, Bayer AG, CropX Technologies Ltd., Deere and Co., DICKEY john, DTN LLC, GroGuru Inc., Hexagon AB, Murata Manufacturing Co. Ltd., Parker Hannifin Corp., Raven Industries, Inc., Sentera Inc., Syngenta Crop Protection AG, Teralytic Inc., and Trimble Inc.. Also, the agriculture sensing and monitoring devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.