Market Highlights
The global demand for moisture analysers is predicted to see substantial growth over the projected period. During the study period, North America is expected to lead the moisture analyser followed by Europe and Asia-Pacific. The primary factors driving the adoption of moisture analyzers include development in the food & beverage industry, and increased demand from the oil & gas industry for these devices. In addition , the growing automation of adoption in production processes is expected to drive market growth. However, issues concerning the reliability and inaccuracy of moisture analyzers are thar factors that are expected to impede the growth of the demand for moisture analyzers during the evaluation period.
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For the scope of the study, the global moisture analyzer market, has been segmented based on type, application, and technique.
Segmented by type into desktop, handheld, and inline. The mobile segment held the biggest market share in the market for moisture analyzers. The handheld segment was the second largest market in 2018 but it is predicted that the inline segment will register the highest CAGR during the forecast period.
The market was segmented by Application into Plastics and Polymer, Building, Agriculture, Food And Beverage, Fabrics And Textiles, Pharmaceutics, and Others.
Based on the technique, the global market is segmented into Karl Fischer Titration, Loss-on-Dying, Power, Microwave, Near-Infrared, Radio Frequency and Others
Regional Outlook
The moisture analyzer market, based on region, has been segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.
Throughout the study period North America is projected to lead the market for moisture analyzers followed by Europe. North America is the largest region in the moisture analyser industry in terms of market share. This area was further divided into the United States , Canada and Mexico. The US dominated the market for moisture analyzers followed by Mexico and Canada. Advances in industrial technology and development of the region's food & beverage industry are some of the factors that are responsible for the growth of the demand for moisture analysers. In addition, the presence of industry giants such as Mettler Toledo, General Electric, AMETEK.Inc, and Thermo Fisher Scientific Inc, is one of the driving factors for the growth of the market in this region. T Growth can be attributed to the rapid growth of the pharmaceutical and chemical industries, creating a higher demand for moisture analysers. In addition, growing industrialization to meet the requirement of high-quality manufacturing facilities is another factor responsible for the country's market growth.
From 2018 to 2024, Asia-Pacific is expected to be the fastest-growing region, while Europe is expected to be at second position in terms of market share during the assessment period. Germany is a developing country and a leader in innovation and development, with the involvement of key players in the fields of semiconductors, power electronics, and ICT. In addition, some of the other factors driving market growth in the rest of Europe include increased government inclination to maintain food quality , increased consumer awareness of technology, and increased adoption of next-generation technologies across the chemical and manufacturing industries to support domestic moisture analyzer market vendors. In addition, the expansion prospects for Western Europe's US-based market leaders are also significantly high, further paving the way for the growth of the region's moisture analyzer sector, further paving the way for the moisture analyser sector to expand.
Competitive Dynamics
The major players of global moisture analyzer are Kett Electric Laboratory (Japan), Michell Instruments Inc. (US), General Electric Co. (US), Mettler-Toledo International, Inc. (US), Spectrasensors, Inc. US), PCE Instruments. (Norway), Ametek, Inc. (US), Sartorius AG (Germany), Metrohm AG. (Switzerland), Arizona Instrument LLC (US), Shimadzu Corp. (Japan), Thermo Fisher Scientific, Inc. (US), A&D Co., Ltd (Japan), Adam Equipment Inc. (UK), and Brookhuis Applied Technologies (Netherlands).
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by Type (Desktop, Handheld, Inline), Technique (Karl Fischer Titration, Microwave, Near-Infrared, Radio Frequency), Application (Plastic and Polymer, Constructions, Agriculture, Others) - Forecast till 2027
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Moisture Analyzer MarketMarket Research Future (MRFR) reveals that the global moisture analyzer market can achieve a growth rate of 3.9% during the forecast period (2018–2024).Growth Boosters and Top RestraintsAcross a variety of industries, moisture analyzer is considered to be an essential instrument in warehouses, quality control departments, research and development (R) labs and all those applications where moisture content is essential when developing or meeting the given manufacturing criteria.
These criteria are specified by industry trade associations and regulatory bodies.
Moisture analyzer is based on humidity measurement and sensors measuring temperature.Moisture analyzers come in different types, based on their application, which could be process, industrial, materials, etc.
Moisture analyzers are used for measuring the climate, during the process of storing or operating of additives, raw materials, semi-finished or finished products among others.The rising adoption of automation in the manufacturing process in numerous industry verticals has elevated demand for moisture analyzers at a global level.
Stringent government guidelines which aim to maintain the high standards of edible products by retaining the needed moisture content in the product can also work in favor of the moisture analyzer market, in the food industry.Market SegmentationThe worldwide moisture analyzer market can be segmented into type, application, and technique.With respect to type, the market can be considered for desktop, handheld, and inline.
The handheld segment was identified as the second-largest market in 2018, while the inline segment can record the highest CAGR during the given timeframe.As per the application, the market includes plastics and polymer, construction, agriculture, food and beverage, fabrics and textiles, pharmaceuticals, and others.Types of techniques are Karl Fischer Titration, Loss-On-Dying, Capacitance, Microwave, Near-Infrared, Radio Frequency, and others.Regional OutlookThe moisture analyzer market is concentrated in the primary regions of South America, North America, the Middle East & Africa (MEA), Asia Pacific (APAC) and Europe.North America is poised to be the top market for moisture analyzer and could retain its prime spot even during the review period.
In industries, moisture analyzer is an essential instrument in quality control departments, warehouses, R labs and any other application where moisture content is critical while developing or meeting established manufacturing criteria.
It is generally specified by regulatory bodies and industry trade associations.
Moisture analyzers vary according to their way of application which could be industrial, process, materials etc.
It consist of two important components a balance and a heater and incorporate heating technology to measure moisture.
The moisture analyzer market is expected to grow from USD 1.15 Billion in 2016 to USD 1.41 Billion by 2022, at a CAGR of 3.3% between 2017 and 2022Factors such as increasing industrial and process automation resulting in high demand of in-line Moisture Analyzer, technological advancements resulting in more reliable heat-base moisture analyzing, increased awareness for maintenance and protection of industrial devices from for enhanced efficiency are driving the growth of Moisture Analyzer market.However, lack of skilled labour for operating and developing Moisture Analyzers is a factor restraining the growth of Moisture Analyzer market.Request a Report Sample with Toc and figures to click here: http://marketgrowthanalysis.com/reports/sample/249Scope of the Report:The market covered in this report has been segmented as follows:Moisture Analyzer Market, by Analyzing Technique:Karl Fischer TitrationLoss-on-DryingCapacitanceMicrowaveDrying OvenNear-infraredRadio FrequencyOthersMoisture Analyzer Market, by Equipment Type:Desktop-MountedHandheldIn-lineRequest for enquiry on This Report at: http://marketgrowthanalysis.com/reports/enquiry/249Moisture Analyzer Market, by Vertical:Plastic and PolymerPharmaceuticalsChemical and PetroleumFood and BeverageWood, Paper, and PulpResearch and AcademicsConstructionWater Treatment and BiomassSemiconductorMetal and MiningNorth America region is the largest market for moisture analyser market followed by Latin America due to presence of many moisture analyzers manufacturers in this region.
Middle East moisture analyser is growing at a considerable pace due to industry norms.Some key players in the moisture analyzer market are PCE Instruments (Germany), Michell Instruments Inc. (England), Ametek Inc. (US), SpectraSesnsors Inc. (US), General Electric Co. (US), A Co., Ltd. (Japan), Kett Electric Laboratory (Japan), Mettler-Toledo International Inc. (US), Sartorius AG (Germany), Shimadzu Corp. (Japan), Gow-Mac Instrument Co. (US), Mitsubishi Chemical Holdings Corp. (Japan), Sinar Technology (England), Thermo Fisher Scientific Inc. (US), and U-Therm International (H.K.)
