Global Moisture Analyzer Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
Global Moisture Analyzer Market: Overview
“The global Moisture Analyzer Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Moisture analyzer is a fixed or portable moisture meter designed for moisture determination on the basis of established moisture measurement principle. It is used in various industries such as construction, manufacturing, paper and pulp, biomass, agriculture, food processing, etc. Process of measurement of moisture content in trace amounts or high levels of moisture in gases, liquid, or solids is called moisture analysis.
There are various methods used for moisture analysis. One method is a loss on drying method, in which the weight of the sample is measured, then heated, and its weight is measured again. From the weight before drying, the weight after drying is subtracted. Loss of mass is used for determining loss of the moisture.
Global Moisture Analyzer Market: Dynamics
Increasing demand for moisture analyzer in various end-use industries is a major factor driving growth of the global moisture analyzer market. In addition, the high adoption of automation technology in various industries is another factor supporting growth of the global market. Moisture analyzer offers quick and accurate measurement of the moisture content in the sample. It is versatile and rugged as well as can be used for various applications.
These are also some of the factors fueling growth of the target market. Furthermore, technological advancements in heat based moisture analyzers is a factor expected to support growth of the global moisture analyzer market over the forecast period.
However, the lack of skilled personals is a factor that may hamper growth of the global moisture analyzer market. Nevertheless, increasing demand for in-line moisture analyzers in the automation industry can create high revenue opportunities for players in the target market.
Global Moisture Analyzer Market: Segment Analysis
Among the analyzing technique segments, the near-infrared segment is expected to register high growth in terms of revenue in the near future. Increasing use of the near-infrared analyzing technique in manufacturing processes is a factor anticipated to fuel growth of this segment in the target market.
Among the vertical segments, the food and beverage segment is accounted for a significant share in terms of revenue in terms and is expected to register lucrative growth over the forecast period. Government regulations regarding the maintenance of moisture content in food products in the food and beverage sector are resulting in high demand for moisture analyzer among end users.
Global Moisture Analyzer Market: Regional Analysis
Market in Asia Pacific is expected to register high growth in terms of revenue over the forecast period. Growing industrial sector, especially in China and India, is a factor driving growth of the target market in this region. Increasing adoption of automation, as well as rising environmental concerns, are also factors factor propelling growth of the target market in the Asia Pacific.
In addition, government initiatives for green initiatives are expected to augment growth of the moisture analyzer market in this region. The market in North America is expected to account for second-highest share in terms of revenue in the near future, followed by Europe, Latin America, and Middle East &Africa.
Global Moisture Analyzer Market Segmentation:
Segmentation by Equipment Type:
Segmentation by Analyzing Technique:
- Radio Frequency
- Karl Fischer Titration
- Drying Oven
Segmentation by Vertical:
- Research and Academics
- Chemical and Petroleum
- Wood, Paper, and Pulp
- Water Treatment and Biomass
- Metal and Mining
- Plastic and Polymer
- Food and Beverage
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Michell Instruments Ltd.
- PCE Instruments
- General Electric Company
- AMETEK, Inc.
- SpectraSensors, Inc.
- Mettler-Toledo International Inc.
- A&D Company, Limited
- Kett Electric Laboratory
- Shimadzu Corporation
- Sartorius AG
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