Moisture Analyzer Market: Global Industry Analysis And Forecast (2023-2029)

Moisture Analyzer Market was valued at US$ 1.69 Bn. in 2022 and is expected to reach US$ 2.51 Bn. by 2029, at a CAGR of 5.8 % during a forecast period.
Moisture Analyzer Market Overview:
A moisture analyzer is an instrument or device used to determine the moisture content of a product. A hygrometer is very important because many industries require it. Also known as a moisture balance or moisture meter, it uses the loss on drying (LOD) method for moisture analysis. A moisture analyzer is a programmable benchtop laboratory instrument used to measure the moisture content of samples and products being manufactured or processed. Widely used in food and beverage, medicine, metal mining, and other industries.To know about the Research Methodology :- Request Free Sample Report
COVID-19 Impact on Moisture Analyzer Market:
COVID 19 had an impact on the growth of numerous industrial sectors as well as the economic situation of several countries throughout the world. In this portion of the world, the burden on industries, less human power, lower production rates, and industry closures have been very common. Medical aid and pharmaceutical products such as diagnostic kits, PPE kits, and so on are in high demand, according to health care groups. Even though the pharmaceutical industries drove the growth of the moisture analyzer market throughout the pandemic, funding for moisture analyzer R&D has decreased dramatically as the economy has deteriorated.
Moisture Analyzer Market Dynamics:
Moisture content affects the quality, flavor, texture, and shelf life of food and beverage products. Excess water in food can speed up microbiological growth, causing degradation and lower shelf life. Furthermore, too much moisture in food promotes condensation in food processing equipment.

As a result, food manufacturers must measure moisture content to the product's natural form, texture, and flavor. In numerous industrial areas, moisture content analysis and determination play a critical role in quality control, material processing, material optimization, and other aspects. The diverse end-user industries of Moisture Analyzers, such as chemical, petrochemical, animal feed, food, and beverage industry, pharmaceutical industry, medical sector for diagnosis, and others, are also fueling the overall growth of the Moisture Analyzer Market.

Moisture analyzer market growth is being hampered by increasing concerns with dependability and stability, particularly when taking repetitive measurements. The overall growth of the Moisture analyzer market is being hampered by a scarcity of competent personnel to run them. Furthermore, major limitations to the growth of the Moisture analyzer market are potential concerns such as electric short circuits during analysis and ergonomic issues.

The introduction of new technologies in the Moisture Analyzer Market, including sensor integration, heating units, touch screens, and reliable control units, is affecting the market growth. For example, in 2022, Thermo Fisher Scientific Inc., one of the leading market participants, launched an inline sulfur analyzer that provides real-time data analysis, which is highly useful in automated industries and the oil and gas industries. Furthermore, the technology is capable of providing improved industry connectivity. The overall growth of the Moisture Analyzer industry is being fueled by increasing industry investments.
Moisture Analyzer Market Segment Analysis:
Based on Technique, the near-infrared segment held the largest market share of xx% in 2022. The increasing process automation in many industries increases the demand for inline moisture analysis and the rising adoption of near-infrared techniques to improve accuracy which are expected to boost the market growth. Additionally, near-infrared techniques have various advantages like it has the fastest technique, low cost with no chemicals and solvents and this technique is environment-friendly technique.

Based on vertical, the food and beverage segment held the largest market share of xx% in 2022. As the food and beverage industry increasingly embraces moisture analyzers to ensure optimum safety and quality. For example, food safety certification and compliance issued by the U.S. FDA are driving adoption by food processing companies and foodservice organizations to improve the accuracy of moisture analysis. This significant disease burden and awareness of food safety testing are driving the need for moisture analysis of food products using moisture analyzers. This has a major impact on variables such as taste, texture, appearance, shape, and weight of the product. Hence, the numerous benefits offered by this product in the food and beverage segment are expected to accelerate the market growth.
Moisture Analyzer Market Regional Insights:
The North America region held the largest market share of xx% in 2022, owing to the increasing number of food and beverage industries, pharmaceutical industries, and chemical industries those industries are considered the main end-users of the moisture analyzer market. Additionally, rising the number of hospitals and healthcare centers due to the high demand for medical assistance helps increase the growth of the pharmaceutical industry in this region.

The advanced new technologies are available in developing countries like US and Canada this factor is also affected to increase the market growth and the government is also announced to increase in the funding for the moisture analyzer market. North America, on the other hand, is growing in the industrial and food and beverage industries, creating the potential for the Moisture Analyzer market to grow. Furthermore, major market titans like Ametek Inc., General Electric Inc., Mettler Toledo, and other growing market participants are driving the Moisture Analyzer market value in North America.

The objective of the report is to present a comprehensive analysis of the Moisture Analyzer market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Moisture Analyzer market dynamics, and structure by analyzing the market segments and projects the Moisture Analyzer market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Moisture Analyzer market make the report investor’s guide.
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Global Moisture Analyzer Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 1.69 Bn.


Forecast Period 2023 to 2029 CAGR:
5.8%
Market Size in 2029:
US $ 2.51 Bn.


 Segments Covered:
by Technique
Karl Fischer Titration
Loss-on-Drying
Capacitance
Microwave
Drying Oven
Near-infrared
Radio Frequency
Others


by Equipment Type
Desktop-Mounted
Handheld
In-line


by Vertical
Plastic and Polymer
Pharmaceuticals
Chemical and Petroleum
Food and Beverage
Wood, Paper, and Pulp
Research and Academics
Construction
Water Treatment and Biomass
Semiconductor
Metal and Mining
Others



Moisture Analyzer Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Moisture Analyzer Market, Key Players are
1. PCE Instruments
2. Michell Instruments Inc.
3. Ametek Inc.
4. SpectraSesnsors Inc.
5. General Electric Co.
6. A&D Co., Ltd.
7. Kett Electric Laboratory
8. Mettler-Toledo International Inc.
9.Sartorius AG
10. Shimadzu Corp.
11. Gow-Mac Instrument Co.
12. Mitsubishi Chemical Holdings Corp.
13. Sinar Technology
14. Thermo Fisher Scientific Inc.
15. U-Therm International (H.K.) Ltd.
16. Adam Equipment Ltd
17. AMETEK Brookfield
18. Metrohm India Limited
19. Brookhuis Applied Data Intelligence

Frequently Asked Questions:

1. Which region has the largest share in Moisture Analyzer Market?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of the Moisture Analyzer Market?
Ans: The Moisture Analyzer Market is growing at a CAGR of 5.8 % during the forecasting period 2023-2029.

3. What segments are covered in the  market?
Ans: The Market is segmented into Technique, Equipment type, vertical, and region.

4. Who are the key players in the  market?
Ans: The important key players in the Market are – PCE Instruments, Michell Instruments Inc., Ametek Inc., SpectraSesnsors Inc., General Electric Co., A&D Co., Ltd., Kett Electric Laboratory, Mettler-Toledo International Inc., Sartorius AG, Shimadzu Corp., Gow-Mac Instrument Co., Mitsubishi Chemical Holdings Corp., Sinar Technology, Thermo Fisher Scientific Inc.

5. What is the study period of this market?
Ans: The  Market is studied from 2022 to 2029.