Wireless Sensors Market Overview:
Wireless sensor network technology has found its integration in the agricultural sector in recent times to attain maximum yield. Wireless Sensor Networks (WSNs) are popular and efficient to collect and process data with low energy consumption and relative expenses. Agriculture is one of the industries which have recently diverted their attention to WSN, seeking this cost-effective technology to improve its products and enhance agriculture yield standard.
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The proposed system is hardware as well as software based, which will automatically control the parameters of the soil. The information is transmitted over the internet using the Wi-Fi modem. These systems consist of several sensors like gas, temperature, and humidity for monitoring and the data from the sensors are collected by the microcontroller.
Drivers and Restraints:
The Global Wireless Sensors Market is estimated to grow in forecasted period owing to supporting factors such as growing population throughout the world, ongoing innovative agricultural activities, and industrialization. To monitor the changing environmental conditions and other factors, these networks will help. It also helps to manage water, air and soil pollution by offering crucial information through the sensor network. The implementation of wireless sensor networks combined with cloud computing and big data processing facilitates the opportunity to achieve easy communication. However, factors like the expensive costs of wireless technology are hindering the market to some extent.
Wireless Sensors Market for Environmental and Agricultural Monitoring primarily segmented into Europe, North America, Latin America, Middle East & Africa and Asia Pacific regions. North America region is accounted for the major part of the market share due to supporting factors such as increased demand and adaptation of wireless sensors and is estimated to continue its dominance in the forecasted period. The Asia Pacific region is also estimated to be growing with increased CAGR during the predicted period. China is producing affordable smartwatches with innovative facilities and it is expected to be claiming the significant share of the market.
Key Players in Wireless Sensors Market for Environmental and Agricultural Monitoring:
Major companies leading in the Wireless Sensors Market include YSI Incorporated, (U.S.), Vaisala Oyj, (Finland), The Toro Company, (U.S.), Sutron Corporation, (U.S.), STMicroelectronics N.V., (Switzerland), Meridian Environmental Technology, Inc., (U.S.), MEMSIC Inc., (U.S.), Measurement Specialties Inc., (U.S.), Environmental Sensors Inc., (Canada), Coastal Environmental Systems, Inc., (U.S.), E.S.I, BioForce Nanosciences Holdings, Inc., (U.S.), Avir Sensors, (U.S.), Automata, Inc., (U.S.), ASM Automation Sensornik Messtechnik GMBH, (Germany), and American Sensor Technologies, Inc., (U.S.).
The Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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