Soil Testing Equipment Market was valued at USD 4.3 billion in 2021 and is projected to grow at a CAGR of 10.1% over the period, 2022-2029, reaching USD 9.3 billion in 2029.
The factors driving the growth of Soil Testing Equipment Market includes growing adoption of precision farming techniques around the world, rising demand for soil testing equipment from construction and agricultural industries and increasing application of soil testing equipment to determine the behavior of the soil under varying moisture and temperature. Moreover, technological advancements in soil testing equipment, rise in the launch of innovative products, increase in Government’s expenditure on the infrastructure projects and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading players on research and development, rising disposable incomes, growing population growth rates and rapid urbanization, are further contributing towards the market growth
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However, growth of the Soil Testing Equipment Market is hindered due to high duty imposed on the testing kits.
The leading players operating in the Soil Testing Equipment Market includes Geotechnical Testing Equipment U.K. Ltd, Sun Labtek Equipment (I) Pvt. Ltd, Martin Lishman Ltd, Agilent Technologies, Merck Group, Perkinelmer Inc., S.W. Cole, Controls S.P.A, Lamotte Company, and Gilson Company Inc., among others.
Based on End-User Industry, the Construction segment is projected to capture the largest market share during the forecast period
Rise in Government’s spending on infrastructure projects and technological advancements in soil testing equipment, are some of the factors pushing Soil Testing Equipment Market share.
Based on Type of Tests, the Physical Tests segment is projected to expand at a robust CARG over the forecast period
Increasing awareness amongst consumers about the presence of chemical residues in fresh fruits and vegetables, is pushing growth of the segment.
Based on Region, the North American region is anticipated to grow at a remarkable CAGR during the forecast period
Growing adoption of modern agriculture practices by farmers, technological advancements in soil testing equipment, rapid growth in the construction industry, rise in Government’s spending on the infrastructure projects and high per capita incomes, are some of the important factors augmenting the market growth in North American region.
Key Development
- In 2019, Ele International developed a new version of the software that is used for soil testing, complying with ASTM, BS, and AASHTO standards. This software is specifically designed for geotechnical laboratories.
Market Segmentation
Segmentation by End-User Industry
- Agriculture
- Construction
- Others
Segmentation by Type of Tests
- Physical Tests
- Shear strength equipment
- Leachability equipment
- Plasticity equipment
- Permeability equipment
- Residual Tests
- GC-MS
- ICP-MS
- Chemical Tests
- pH meters
- Salinity testing equipment
- Test kits & reagents
Segmentation by Degree of Automation
- Manual
- Sampling Kits
- Sand Pouring Cylinder
- Auger
- Others
- Automatic
- Penetrometer
- Permeability Apparatus
- Compactor
- Others
- Semi-Automatic
- California Bearing Ratio Apparatus
- Direct Shear Apparatus
- Plastic Limit Device
- Others
Segmentation by Site
- Laboratory
- Consolidator
- Direct Shear Apparatus
- Triaxial Shear Test Apparatus
- Others
- On-Site
- Penetration-Resistance Apparatus
- Pressure Meter Apparatus
- Plate-Bearing Apparatus
- Others
Segmentation by Region
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
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