Moisture Analyzer Market 2019 Size, Growth, Sales Revenue, Development Status, Competitive Landscape and Opportunity Assessment by Forecast 2023

Moisture Analyzer Market 2019 Size, Growth, Sales Revenue, Development Status, Competitive Landscape and Opportunity Assessment by Forecast 2023

“Moisture Analyzer Market”
Moisture Analyzer Market Research Report, by Type (Desktop, Handheld, Inline), Technique (Karl Fischer Titration, Loss-on-Drying, Capacitance, Microwave, Drying Oven, Near-Infrared, Radio Frequency), Application (Plastic and Polymer, Constructions, Agriculture, Food and Beverage, Fabrics and textiles, Pharmaceuticals, Others) — Global Forecast till 2023

Market Overview:

Moisture analyser market, also known as moisture meter, is a device that can trace amounts of moisture content in any medium (solid, liquid, gas). A moisture meter is an irreplaceable device in most of the burgeoning industries such as plastic & polymer, constructions, agriculture, food & beverage, fabrics & textiles, and pharmaceuticals, among others. Resultantly, the moisture analyzer market garners significant traction on the global platform witnessing a substantial demand. 

Acknowledging the quadrupling traction, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global Moisture Analyzer Market is poised to reach the valuation of USD 1.5 BN by 2023, registering a CAGR of 3.53% throughout the forecast period (2017-2023). In 2017, the market had evaluated at USD 1.2 BN.

Additional factors that are substantiating the growth of the market include growing process automation in developing countries, rise in demand for in-line moisture analyzer market, and technological advancements in heat-based moisture analysing.

The stringent government regulations regarding food quality and the pressing need to maintain the specific moisture content in the packaged edible product is a key driving force behind the growth of the market.

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Major Players:

Key players leading the moisture analyzer market include Kett Electric Laboratory (US), Ametek, Inc. (US), Michell Instruments Inc. (UK), PCE Instruments (Germany), General Electric Co. (US), Mettler-Toledo International, Inc. (US), Sartorius AG (Germany), Spectrasensors, Inc. (US), Metrohm AG(Germany), Shimadzu Corp. (Japan), Arizona Instrument LLC (US), A&D Co., Ltd. (Japan), Adam Equipment Inc. (US), Thermo Fisher Scientific, Inc. (US), and Brookhuis Applied Technologies (Netherlands) among others.

Global Moisture Analyzer Market –Segments

For better understanding of the report, the market is segmented into four key dynamics:

By Type: Desktop, Handheld, and Inline among others.

By Technique: Karl Fischer Titration, Loss-on-Drying, Capacitance, Microwave, Drying Oven, Near-Infrared, and Radio Frequency

By Application: Plastic & Polymer, Constructions, Agriculture, Food & Beverage, Fabrics & textiles, and Pharmaceuticals among others.

By Regions:  North America, Europe, Asia Pacific, and Rest-of-the-World.

Global Moisture Analyzer Market – Regional Analysis

The North American region heading with the increased funding for R&D activities, dominates the global Moisture Analyzer market. Significant contributions and supported research funding from public and private sectors for the development of technology and in the commercialization of moisture analyzer and associated instruments are fostering the growth of the regional market.

The European region accounts for another lucrative market for moisture analyzer, globally. The region is projected to grow at a substantial GAGR during 2017-2023. Rapidly resurging economy alongside the presence of some of the highly developed industries such as food & beverages and pharmaceuticals that focus on latest technology contributes to the growth of the regional market, significantly. Furthermore, the presence of some of the leading manufacturers in the region drives the moisture analyzer market in the regions.

The Asia Pacific moisture analyzer market has been emerging as a profitable market, globally. Burgeoning application industries such as plastic & polymer, constructions, agriculture, food & beverage, fabrics & textiles, and pharmaceuticals among others, drive the growth of the regional market, creating a huge demand. Besides, the presence of some of the international manufacturers such as Ametek and Michell Instruments fosters the growth of the market in the region.

Global Moisture Analyzer Market – Competitive Analysis

Highly competitive, the moisture analyzer market appears to be fragmented. Market leaders are innovating continually and increasingly seeking market expansion through various strategic initiatives such as mergers and acquisitions, and innovations. They are substantially investing in R&D activities to develop a cost-effective product portfolio.

To meet competitive market demands, manufacturers typically design new instruments to incorporate many additional capabilities and features. Such expanded feature sets often include pre-analytical automation, interoperability with clinical chemistry and other analyser

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Industry, Innovation & Related News

April 02, 2019 —— CEM Corporation (the US), a leading supplier of innovative testing solutions such as microwave instrumentation for analytical and synthetic chemistry applications launched its new Quartz Halogen Moisture Analyzer — the SMART Q for the fastest infrared moisture analyzing. SMART Q is ideal for both laboratories and manufacturing settings.

May 7, 2019 —— PerkinElmer, Inc. (the US), a global corporation focused in the business areas of diagnostics, life science research, food, environmental and industrial testing launched new NIR analyzer – DA 6200 for food quality analysis.

The DA 6200 analyzer with it next-generation Diode Array Near-Infrared Transmission Spectroscopy (NIR) technology can provide accurate test results of fat, moisture and protein levels in a sample – as well as collagen, salt, and ash. This accuracy and speed also translate to large, inhomogeneous samples.

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