What is the Historical Analysis of the Moisture Analyzer Market Size?
The moisture analyzer market has seen considerable growth due to a variety of factors.
• In recent years, the size of the moisture analyzer market has experienced consistent growth. It's projected to escalate from $2.42 billion in 2024 to $2.51 billion in 2025, with a compound annual growth rate (CAGR) of 3.9%.
The growth witnessed in the past period is due to factors such as stringent regulations, the need for quality control in the manufacturing process, the versatility and customization the analyzers offer, the integrity of pharmaceutical products, environmental monitoring, and quality assurance within the textile industry.
What is the Forecasted Growth of the Moisture Analyzer Market Size?
The moisture analyzer market is expected to maintain its strong growth trajectory in upcoming years.
• Anticipated to witness significant growth in the upcoming years, the moisture analyzer market is projected to reach a valuation of $3.45 billion by 2029, expanding at a Compound Annual Growth Rate (CAGR) of 8.2%.
The increase is attributed to factors such as the globalization of supply chains, focus on energy efficiency, customization and application specificity, sustainable packaging endeavors, efficient waste management strategies, the advent of portable moisture analyzers and a heightened emphasis on personal care products. Looking ahead, the market is set to be shaped by trends like advanced sensor technologies, the use of infrared moisture analyzers, integration with smart technologies, real-time monitoring and data logging, and connectivity with laboratory information management systems.
What Are The Primary Growth Drivers In The Moisture Analyzer Market?
The moisture analyzer market growth is anticipated to be bolstered by the increase in industrial and process automation. This type of automation involves the use of advanced technology to streamline industrial processes and replace labor-intensive, repetitive tasks with highly efficient, automated operations. Moisture analyzers are instrumental in amplifying this process automation, minimizing human intervention requirements. They are quick, accurate, user-friendly, and comprehensive. In addition to this, they encapsulate the benefits of all strategies while evading their downsides. For example, in December 2023, the United Nations Industrial Development Organization, based in Austria, reported a 2.3% growth in industrial sectors like manufacturing, mining, electricity, water supply, waste management, and other utilities, signalling recovery post-pandemic. Manufacturing significantly contributed to this expansion, increased by 3.2%, whereas the combination of mining and utilities sector—the leading contributor to the economy in low-income nations—shrank by 0.9%. Predictions for 2023 suggest a deceleration in manufacturing due to escalating costs, stricter monetary conditions, geopolitical friction, and global supply chain disruptions. Thus, the increasing adoption of industrial and process automation serves as a major catalyst for the growth of the moisture analyzer market.
What Is The Segmentation Of The Global Moisture Analyzer Market?
The moisture analyzer market covered in this report is segmented –
1) By Type: Desktop, Handheld
2) By Analyzing Technique: Loss-On-Drying, Karl Fischer Titration, Microwave, Capacitance, Drying Owen, Near-Infrared, Radio Frequency, Other Analyzing Techniques
3) By Vertical: Construction, Pharmaceuticals, Chemical and Petroleum, Food and Beverage, Wood, Paper, and Pulp, Metal and Mining, Other Verticals
Subsegments:
1) By Desktop: Benchtop Moisture Analyzers, Infrared Moisture Analyzers, Microwave Moisture Analyzers, High-Temperature Moisture Analyzers
2) By Handheld: Portable Moisture Meters, Digital Handheld Moisture Analyzers, Soil Moisture Meters, Infrared Handheld Moisture Analyzers
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What Emerging Trends Are Shaping The Moisture Analyzer Market Landscape?
Strategic collaborations have become an increasingly prevalent trend in the moisture analyzer industry. A significant number of companies within this market are pursuing partnerships to satisfy customer needs. Take for example, Qualitest. This Israeli-based firm introduced a novel series of Halogen moisture analyzers named The QMA-E series in June 2024. This particular series was built for proficiency and quickness, using high-performance ring halogen lamps to heat samples evenly and quickly. This innovative approach results in a speed increase of 40% when compared to traditional infrared heating techniques.
Who Are the Key Players in the Moisture Analyzer Market?
Major companies operating in the moisture analyzer market include:
• PCE Instruments Ltd.
• Michell Instruments Inc.
• AMETEK Inc.
• SpectraSensors Inc.
• General Electric Company
• A&D Company Limited
• Kett Electric Laboratory
• Mettler-Toledo International Inc.
• Sartorius AG
• Shimadzu Corporation
• Gow-Mac Instrument Co.
• Sinar Technology
• Thermo Fisher Scientific Inc.
• U-Therm International (Hong Kong) Limited
• Arizona Instrument LLC
• CEM Corporation
• Danaher Corporation
• Mitsubishi Chemical Holdings Corp.
• KAM Controls Inc.
• Novasina AG
• Systech Illinois
• Vaisala Oyj
• KERN & SOHN GmbH
• Precisa Gravimetrics AG
• KROHNE Messtechnik GmbH
• Yokogawa Electric Corporation
• Emerson Electric Co.
• Siemens AG
• Honeywell International Inc.
• Fuji Electric Co. Ltd.
• AMETEK Process Instruments
• Endress+Hauser AG
What are the Regional Insights into the Moisture Analyzer Market?
North America was the largest region in the moisture analyzer market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the moisture analyzer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
