Opportunities to make money in today’s time are endless; one just needs to notice them. One such example is of soil moisture sensor market. People hardly notice if the soil can help someone make huge cash; however, experts think that the market of soil moisture sensor will be worth $206.2 million by 2020.
The data has been extracted from MarketsandMarkets’s recently published research report titled — “Soil Moisture Sensor Market by Type (Volumetric and Water Potential), Application (Agriculture, Residential, Landscaping, Sports Turf, Weather Forecasting, Forestry, Research Studies and Construction), & Geography – Global Trends & Forecast to 2020.” The report further reveals that the average CAGR of soil moisture sensor market between 2015 and 2020 will remain intact at 16.2 percent.
With the help of soil moisture sensors, farmers can improve productivity and reduce the water consumption. These sensors keep monitoring moisture in peculiar fields and don’t let the over irrigation happen, thus save water resources.
There are mostly two types of soil moisture sensors available in the market — soil water potential sensors and volumetric soil moisture sensors. Based on their usage and features, soil water potential sensors are further classified into tensiometer, granular matrix and gypsum block. While volumetric soil is further divided into the probe, capacitance and TDT.
Some of the acclaimed players in soil moisture sensor market include names like Stevens Water Monitoring Systems, Inc. (U.S.), Decagon Devices, Inc. (U.S.), IRROMETER Company, Inc. (U.S.), The Toro Company (U.S.), Delta-T Devices Ltd. (U.K.), AquaCheck (Pty) Ltd. (South Africa), Sentek Pty. Ltd. (Australia) and Acclima, Inc. (U.S.).