Industry Brief According to TechSci Research report, “Digital Soil Mapping Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026 Segmented By Technology (Soil Spectroscopy & Proximal Soil Sensing, GIS, Remote Sensing Systems, LiDAR Technology, Others), By Parameter (Soil pH, Soil Organic Matter, Available Nitrogen/Phosphorous/Potassium, Others), By Application (Soil Management, Ecosystem Enhancement, Climate Change Abatement, Quality Food Production, Others), By End User (Soil Scientists, Research & Academic Institutions, Government & Federal/Agencies, Agronomists, Others), By Region”, the global digital soil mapping market would potentially project an impressive growth in the forecast period, 2022-2026, with an impressive CAGR on the account of increasing demands for advancing technology and its incorporation in the agriculture sector. Moreover, the demand for higher yielding crops and thereby taking steps therewith in increasing the yields of crops and thus driving the growth of the global digital soil mapping market in the upcoming five years. Additionally, increasing population of the world is further aiding the growth of the global digital soil mapping market in the next five years. Also, increasing practices like precision agriculture is also substantiating the growth of the global digital soil mapping marketin the future five years. Agricultural practices are actively supported and has been advancing in the recent years. One such technological advancement in the agricultural sector is digital soil mapping procedures. The method involves predicting, qualifying, and quantifying the soil classes, and soil properties from point data using a statistical algorithm. It is also termed as predictive soil mapping, or pedometric mapping which is specific set of data analytic method for the better understanding of the soil and agricultural land. The procedure involves the creation and population of spatial soil information by the use of field and laboratory observational methods along with the soil inference systems. Measurements like soil pH, soil organic matter, availability of the nitrogen, phosphorus, potassium, (NPK) in the soil identifies the capabilities of the agricultural land. The global digital soil mapping market is segmented by technology, parameter, application, end user, competitional landscape, and regional distribution. Based on parameter, the market is further fragmented into soil pH, soil organic matter, available nitrogen/ phosphorous/ potassium, and others. Soil pH is the measurement of power of hydrogen in the soil. Soil pH defines the acidity and alkalinity of the soil, certifying it fit for agricultural practices. Soil organic matter content is the amount of organic material in the soil that includes small plant residue, decomposing organic matter, and stable organic matter. The material enriches the soil with nutrients like nitrogen, potassium, and phosphorus. The organic matters improve the soil structure, that results in increased water infiltrations following rains and increased water-holding capacity of the soil. SoilOptix® (Hubei Forbon Technologies & Practical Precision), Veris Technologies, Inc., Evans Associates Environmental Consulting Inc, Eval Dépol, Crop Nutrition Laboratory Services Ltd., Family Farms, LLC (Soil Right Consulting Services), SmartCloudFarming GmbH, Hutchinson’s Precision Technology, are the global leaders for global digital soil mapping market. Market players are actively involved in the research and technological development in the product developments. The advanced technology has made it possible for the industry to provide excellent services through digital soil mapping. Further advancement would aid the market value and brand establishment in the future five years. New market players may focus on the research and development to provide options that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments. “Asia Pacific region is the most promising region for the future years of the market growth. The market is anticipated to register esteemed growth on the account of rapidly increasing technological advancement in the agricultural sector. Moreover, the countries like India, China, etc. are heavily dependent on the agricultural sector. In fact, the advancing technologies like GIS, LiDAR technology etc. are further promoting the growth of the global digital soil mapping market in the next five years. North America is one of the highest registering CAGR value of the market on the account of advancing technologies in agriculture. Resource management soil analysis, pH analysis of soil, etc. is helping farmers in North America region to substantiate their crop yields. New market players must focus on creating awareness among the consumers for the advantages of digital soil mapping,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm. 22
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