The global agricultural sensors industry represents a fragmented market in nature and is majorly dominated by the agricultural companies that take the lead by acquiring or collaborating with technology-based firms to diversify, innovate and upgrade their solutions. The companies operating in the industry have developed strong strategies in recent years to survive the competition in the fast-growing IoT integrated agriculture market. For instance, in August 2021, CropX Inc. acquired Dacom Farm Intelligence with an aim to expand into Europe. This corporate strategy represents a major consolidation of agriculture digital twin capabilities, geographic datasets, and acres serviced.
Food shortage has been a major problem across the world driven by food wastages. Herein, sensors play an important factor in providing a comprehensive data analysis of the produce quality from its growth until its harvest. This enables the farmers to deliver the produce to the customer without any degradation. The market is witnessing a high demand with an aim to reduce food spoilage by inspecting agricultural produce to reach consumers in an efficient way. In addition to examining the crop health, it also includes wireless assessment of shelf period, improving resource knowledge of produce among stakeholders to achieve timely decisions in the supply chain, and real-time prediction of perishable agricultural produce.
With better adoption of alternative farming techniques such as agricultural sensors around the world, the market is expected to flourish in the coming years. Also, with better awareness about alternative farming techniques and the benefits that these entail over conventional farming, the agricultural sensors market will be well accepted and adopted by growers around the world.
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Agricultural sensors farming techniques are widely accepted worldwide because of the various benefits these techniques offer over conventional farming. With these techniques, the worldwide issue of food safety and security is being addressed. The fruits and vegetables produced through these techniques are monitored and developed in a controlled manner to achieve an optimal growing environment.
The global agricultural sensors market research study offers a broad perspective on the analysis of the industry. The research is based on extensive primary interviews (in-house experts, industry leaders, and market players) and secondary research (a host of paid and unpaid databases), along with the analytical tools that have been used to build the forecast and the predictive models.
