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Global Sensing Devices Market for Farms 2018-2022

Global Sensing Devices Market for Farms 2018-2022

About this market

Availability of funding for vendors to drive growth in the market. Several vendors are investing in the development of sensing devices for farms with advanced features. Some of the efforts are supported by angel investor fundings. Technavio’s analysts have predicted that the sensing devices market for farms will register a CAGR of almost 13% by 2022.

Market Overview

Increase in smart farming practices

Smart farming includes the use of devices to map, monitor, and respond to changes in farm. By using sensing devices in farming, farmers can get crop related data combined with data about climatic changes that can affect yield.

Malfunctioning of sensing devices

The use of sensing devices involves various challenges such as device failure, inaccurate data, and increased labor requirement for the use and maintenance of sensing devices on large field.

For the detailed list of factors that will drive and challenge the growth of the sensing devices market for farms during the 2018-2022, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Campbell Scientific and Delta-T Devices the competitive environment is quite intense. Factors such as the increase in smart farming practices and the availability of funding for vendors, will provide considerable growth opportunities to sensing devices manufactures. Campbell Scientific, Delta-T Devices, Irrometer Company, Stevens Water Monitoring Systems, and The Toro Company are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Sensing Devices Market for Farms 2018-2022

Technavio recognizes the following companies as the key players in the global sensing devices market for farms: Campbell Scientific, Delta-T Devices, Irrometer Company, Stevens Water Monitoring Systems, and The Toro Company.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the availability of funding for vendors.”

According to the report, one of the major drivers for this market is the increase in smart farming practices.

Further, the report states that one of the major factors hindering the growth of this market is the malfunctioning of sensing devices.

Companies Mentioned

Campbell Scientific
Delta-T Devices
Irrometer Company
Stevens Water Monitoring Systems
The Toro Company

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Global smart agriculture market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global sensing devices market for farms - Market size and forecast 2017-2022 ($ mn)
      • Table Global sensing devices market for farms - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Global sensing devices market for farms - Market share by product 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Soil management sensing devices - Market size and forecast 2017-2022
      • Table Soil management sensing devices - Market size and forecast 2017-2022 ($ mn)
      • Table Soil management sensing devices - Year-over-year growth 2018-2022 (%)
    • Water management sensing devices- Market size and forecast 2017-2022
      • Table Water management sensing devices - Market size and forecast 2017-2022 ($ mn)
      • Table Water management sensing devices- Year-over-year growth 2018-2022 (%)
    • Climate management sensing devices - Market size and forecast 2017-2022
      • Table Climate management sensing devices - Market size and forecast 2017-2022 ($ mn)
      • Table Climate management sensing devices - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global sensing devices market for farms - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Availability of funding for vendors
    • Launch of new sensing devices for farms
    • Rising inclination toward climate smart solutions in farms
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Campbell Scientific
      • Table Campbell Scientific overview
      • Table Campbell Scientific - Business segments
      • Table Campbell Scientific - Organizational developments
      • Table Campbell Scientific - Key offerings
      • Table Campbell Scientific - Key customers
    • Delta-T Devices
      • Table Delta-T Devices overview
      • Table Delta-T Devices - Product segments
      • Table Delta-T Devices - Organizational developments
      • Table Delta-T Devices - Key offerings
      • Table Delta-T Devices - Key customers
    • Irrometer Company
      • Table Irrometer Company overview
      • Table Irrometer Company - Product segments
      • Table Irrometer Company - Key offerings
      • Table Irrometer Company - Key customers
    • Stevens Water Monitoring Systems
      • Table Stevens Water Monitoring Systems overview
      • Table Stevens Water Monitoring Systems - Business segments
      • Table Stevens Water Monitoring Systems - Organizational developments
      • Table Stevens Water Monitoring Systems - Key offerings
      • Table Stevens Water Monitoring Systems - Key customers
    • The Toro Company
      • Table The Toro Company overview
      • Table The Toro Company - Business segments
      • Table The Toro Company - Organizational developments
      • Table The Toro Company - Geographic focus
      • Table The Toro Company - Segment focus
      • Table The Toro Company - Key offerings
      • Table The Toro Company - Key customers
  • Appendix
    • List of abbreviations
  • Explore Technavio

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