DUBLIN--(BUSINESS WIRE )--The "North America Agriculture Sensor Market Size, Share & Industry Trends Analysis Report By Type (Location Sensors, Livestock Sensors, Optical Sensors, Water Sensors, Others), By Application, By Country and Growth Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering.

The North America Agriculture Sensor Market is expected to witness market growth of 13.3% CAGR during the forecast period (2021-2027).

Agriculture sensors are becoming popular among farmers because of the rising demand for optimal production with limited resources. Rising investments for the precision agriculture approach by the private as well as the public sector may increase the adoption of agriculture sensors. Furthermore, continuously changing weather patterns & increased global warming are other factors responsible for the growing demand for agriculture sensors.

These sensors can provide information regarding the soil temperature, rainfall, air temperature, chlorophyll, leaf wetness, solar radiation, atmospheric pressure, & wind direction, etc. These sensors are used in many types of equipment of agriculture industry farming applications like measuring the trunk diameter. The agriculture sensors are used in drones to spray insecticides & pesticides in the field.

The availability of infrastructure support, acceptance of precession & smart farming techniques, increased deployment of advanced farming solutions, and government support to enhance the agricultural production capacity in the region is resulting in the high demand for agriculture sensors in North America. Due to the continuously increasing urbanization, the buildings are being made on the farming land, ultimately reducing the production area in the countries such as Canada, and the United States, which is further rising the demand to increase the crop production in a limited area.

Also, the continuous advancements taking place in precision & smart farming technologies has increased the adoption of smart farming to get greater benefits which further increases the adoption of agriculture sensors to get greater extend. Furthermore, the import competition in the United States is growing continuously due to the Canadian trade agreements.

The US market dominated the North America Agriculture Sensor Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $933.9 million by 2027. The Canada market is anticipated to grow at a CAGR of 12% during (2021 - 2027). Additionally, The Mexico market is expected to showcase a CAGR of 15% during (2021 - 2027).

Market Segments Covered in the Report:

By Country: US, Canada, Mexico, and Rest of North America.

List of Companies Profiled in the Report:

For more information about this report visit https://www.researchandmarkets.com/r/95t7sn

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900