Market Size of Asia-Pacific Agricultural Sensors Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.78 Billion |
| Market Size (2029) | USD 1.60 Billion |
| CAGR (2024 - 2029) | 15.40 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Asia-Pacific Agricultural Sensors Market Analysis
The Asia-Pacific Agricultural Sensors Market size is estimated at USD 0.78 billion in 2024, and is expected to reach USD 1.60 billion by 2029, growing at a CAGR of 15.40% during the forecast period (2024-2029).
During the study period, agricultural sensors are expected to achieve complete expansion in the region. Location sensors have gained immense traction in recent years for the need of precise positioning in precision agriculture. Moreover, sensor-enabled robotic agricultural machineries have been gaining momentum in technologically advanced countries, such as China, Australia, and Japan. For instance, XAG, a well-known Chinese company, launched an autonomous functional farm robot known as the 'R80 Agriculture Utility Vehicle' in 2020.
