Agriculture Sensor Market Worth $3.79 Billion By 2028
Agriculture Sensor Industry Overview The global agriculture sensor market size was valued at USD 1.34 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 13.6% from 2021 to 2028. Agriculture sensors are called active sensors because they emit their light source onto the plant canopy and at the same time measure the percentage of light that is reflected from the canopy toward the sensor. Precision farming, also known as smart farming, allows farmers to maximize their yields with minimal resources. These sensors help understand plants at the microscale to conserve resources and reduce environmental pollution. Many sensor technologies are implemented in precision agriculture and provide data to help farmers monitor and optimize crop yield. Agriculture sensors are enjoying increasing popularity among farmers due to the increasing need for optimal production with the resources provided. Additionally, changing weather patterns due to increased global ...