Dendrometers Market Size, Share, Growth, And Industry Analysis By Type (Manual, Automatic), By Application (Agriculture, Horticulture, Forestry) and Regional Forecast to 2027

Updated On: 22 April 2024

Report Overview

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The global dendrometers market size was USD 35.87 million in 2021. As per our research, the market is expected to reach USD 49.29 million by 2027, exhibiting a CAGR of 5.44 % during the forecast period. The COVID-19 pandemic has been unprecedented and staggering, with the dendrometers market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

Dendrometers are devices that measure changes in the diameter of the tree over time. These changes in tree diameter can provide important information about tree growth rate, wood production, and environmental factors that can affect tree growth, such as drought or disease. Dendrometers work by measuring the distance between two points on a tree trunk. That distance is then used to calculate the diameter of the tree at that point. The device is usually attached to the tree with a ribbon or strap and can be measured at regular intervals over time to track changes in the diameter of the tree.

Behind the growth of the market is the growing demand for precision agriculture and the growing awareness of the benefits of using dendrometers. Handheld dendrometers are expected to dominate the market during the forecast period due to their low cost and ease of use. However, automated dendrometers are expected to grow faster due to their ability to provide real-time data and improve accuracy. Agriculture is estimated to be the largest application segment in the global dendrometer market in 2022, followed by horticulture and forestry. The dendrometer market has grown tremendously in recent years due to increased demand for precision agriculture and increased awareness of the benefits of using dendrometers.

COVID-19 Impact: Stopped plantations and Operations Slowed Market Growth

Due to lockdowns, travel restrictions and business closures, the COVID-19 pandemic is negatively affecting the economies and industries of many different countries. The COVID-19 pandemic has caused disruptions in the precast concrete market due to a slowdown in raw material production, supply chain and heat transfer restrictions, reduced construction demand and fewer new projects. However, as more cases of COVID-19 are reported, the need for medical facilities and quarantine facilities/facilities will increase. The situation increases the precast concrete market and increases the demand for modular structures. Due to the sudden closure of national and international borders, the epidemic changed operational efficiency and disrupted value chains, causing loss of income and damage.

Latest Trends

"Increasing Demand For Precision Forestry, Technological Development Leading Market Extension"

The dendrometer industry offers several growth opportunities, driven by, among other things, the increasing demand for precision forestry, technological development and increasing government support for sustainable forest management. The market also offers opportunities for new product development, such as wireless and IoT-compatible dendrometers that provide real-time information on tree growth rates and environmental factors. In addition, the market is expanding, increasing the awareness of potential customers about the benefits of dendrometers. One of the main drivers of the dendrometer market is the growing demand for precision agriculture and the growing awareness of the benefits of using dendrometers. In addition, the market is driven by the need to monitor and manage forests, growth in precision forestry and advances in technology such as wireless and IoT-compatible dendrometers.

Segmentation

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• By Type Analysis

According to type, the market can be segmented into Manual, Automatic.

Manual is anticipated to be the leading segment.

• By Application Analysis

Based on application, the market can be divided into Agriculture, Horticulture, and Forestry. Agriculture will be the dominating segment.

Driving Factors

"Rising Demand For Forest Monitoring And Management to Augment The Market Growth"

Growing demand for forest monitoring and processing is driving the global dendrometers market. Dendrometers are increasingly important in forest monitoring and management, as they can provide valuable information on tree growth rates and productivity. With increasing concerns about deforestation, forest fires and other environmental problems, the need for accurate and reliable forest monitoring tools is increasing. In addition, the advancement of technology is fueling the market. The development of new technologies such as wireless and IoT-enabled dendrometers is expected to boost the dendrometers market growth. These new technologies can provide real-time information on tree growth rates and environmental factors, allowing for more effective forest monitoring and management. Several factors influence the dendrometers market.

First, there is an increased demand for precision agriculture, which has increased the use of dendrometers. These precision sensors provide accurate and reliable data on plant growth, allowing growers to optimize their yields and reduce waste.

Second, increasing awareness of the benefits of using dendrometers is fueling market growth. Scientists, farmers and forest managers are increasingly aware of the importance of measuring plant growth, which is crucial for effective forest management, precision forestry and horticulture. Technological advancements such as the development of wireless and IoT-enabled dendrometers are also expected to contribute to the growth of the market. These new technologies provide real-time information on tree growth rates and environmental factors, allowing for more effective forest monitoring and management. Increasing government support for sustainable forestry and increasing research applications will also fuel the market growth.

"Rising Automation Of Forest Operations And Agricultural Segment to Drive Market Growth "

The application segment includes agriculture, horticulture and forestry. In 2015, global demand was dominated by the agricultural segment, with a share of more than 60%. The increase is due to the increased mechanization of agricultural activities and the standard of living of farmers. Agriculture is one of the most important occupations in several regions, including Central and South America, Asia-Pacific, and the Middle East and Africa, which drives market demand.

 Horticulture also played an important role due to its widespread use in greenhouse maintenance and soil moisture testing for irrigation purposes. The use of forestry automation has increased in recent years as it helps improve efficiency and safety. Automatic harvesters can, for example, fell trees, trim them and cut them into logs without human intervention. To meet the growing demand for their market-leading range of forestry machinery, many key players in the forestry machinery market are looking to streamline their production by expanding production facilities.

Restraining Factor

"High Cost And Limited Awareness to Hinder Market Growth"

High cost and limited awareness are the major constraints for the growth of dendrometer industry. The high cost of dendrometers limits their adoption in some markets, and limited awareness of the benefits of dendrometers slows their adoption in some regions. In addition, the market faces challenges related to technical limitations and regulatory policies.

Regional Insights

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"North America To Dominate The Market Owing To Increased Awareness Of Forestry And Woodworking"

In 2019, North America dominated the global dendrometers market share in terms of revenue. The region is expected to continue its dominant position during the forecast period. This growth is driven by people's increased awareness of forestry and woodworking and the high disposable income of consumers. The share of Europe was important in 2019, which resulted from the growing demand for professional forest monitoring solutions from, for example, Germany, France and Russia. The North America region is expected to witness lucrative growth during the forecast period due to increasing investment in tree planting activities by governments and private organizations to promote sustainable development of agriculture and horticulture at the country level.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios. Key industry players in the antacid tablet market have a significant impact on market dynamics. These companies are at the forefront of research and development, consistently introducing innovative formulations and product variations. Their focus on convenience and effectiveness sets industry standards and influences market growth.

List of Market Players Profiled

• GLOBAL CHANGE SOLUTIONS (U.K.)
• Natkon (Belgium)
• ICT International (Australia)
• MMM-Mosler (Germany)
• Netsens (Italy)
• Environmental Measurement Japan (Japan)
• Agricultural Electronics (U.S.)
• Phyto-Sensor (U.K.)
• ECOMATIK (Germany)
• Dynamax (U.S.)

Report Coverage

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.