Moisture Analyzer Market Research Report- Global Forecast till 2027

Moisture Analyzer Market Research Report, by Type (Desktop, Handheld, Inline), Technique (Karl Fischer Titration, Microwave, Near-Infrared, Radio Frequency), Application (Plastic and Polymer, Constructions, Agriculture, Others) - Forecast till 2027

ID: MRFR/SEM/5971-CR | July 2019 | Region: Global | 116 pages         

Moisture Analyzer Market

The Moisture Analyzer Market is expected to reach USD 1,571.4 million at a 3.9% CAGR during the forecast period.

Segmentation

By Type Desktop Handheld Inline
By Technique Karl Fischer Titration Loss-on-dying Capacitance Microwave Near-infrared Radio Frequency
By Application Plastics and polymers Construction Agriculture Food and beverage Fabrics and textiles Pharmaceuticals

Key Players

  • Ametek Inc. (US)
  • Kett Electric Laboratory (Japan)
  • Michell Instruments Inc. (US)
  • General Electric Co. (US)
  • PCE Instruments. (Norway)
  • Mettler-Toledo International Inc. (US)
  • Spectrasensors Inc. US)
  • Thermo Fisher Scientific Inc. (US)
  • Adam Equipment Inc. (UK)
  • Brookhuis Applied Technologies (Netherlands)

Drivers

  • Growth of food & beverages industry
  • Increasing demand for these devices from the oil & gas industry
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Moisture Analyzer Market Snapshot


The Moisture Analyzer Market is expected to reach USD 1,571.4 million at a 3.9% CAGR during the forecast period.  The Moisture Analyzers are increasingly utilized to determine the humidity and temperature of the constituents or industrial materials. The primary reasons to measure the moisture content are to improve the shelf-life of the product, quality of the product, optimization of the raw materials used, and so on. Therefore the market growth of Moisture Analyzer is expected to rise due to the potential benefits and the advancements in the Moisture analyzer industry. The integration of sensors, real-time measurement, fulfilling the compliance, robustness, and other technical growth in the industry are considered as major drivers of Moisture analyzer market growth. Additionally, the growing demand for the end-user industries such as the food and beverage industry, pharmaceutical industries are also aiding the overall growth of the moisture analyzer market.


 


COVID 19 Analysis:


 


The COVID 19 has impacted the growth of several industrial sectors and the economic condition of several countries across the globe. The strain created in the industries, reduced human power, and reduced production rate, and closures of industries have been highly prevalent in the part of the world. Health care organizations were showcasing increasing demand for medical aid and pharmaceutical products such as diagnosing kits, PPE kits, and so on. Although the pharmaceutical industries were driving the Moisture analyzer market growth thorough out the pandemic, the funding for the R&D activities for the moisture analyzers has reduced significantly due to the declining economic condition. Therefore the overall growth of the Moisture Analyzer Market was affected significantly, which is expected to witness healthy growth during the forecast period.


 


Market Dynamics:


 


Market Drivers:


 


The analysis and determining the moisture content is considered as a crucial role in quality control, material processing, material optimization, and other factors in several industrial sectors. Additionally, the varied end-user industries of Moisture Analyzers such as Chemical, petro-chemical, animal fodder, food, and beverage industry, pharmaceutical industry, medical sector for diagnosis, and many others are propelling the overall growth of the Moisture Analyzer Market. 


 


The moisture analyzers that are integrated with sensors are efficient in calculating moisture content and temperature in the material, which are intensively utilized in the various sectors such as measuring and analysis of climate, processing, and storage of raw materials, finished products, additives, and semi-finished products. Such factors are propelling the overall growth of the Moisture analyzer market. 


 


Market Opportunities: 


 


The advent of new technologies in the Moisture Analyzer Market which includes the integration of sensors, heating units, touch screens, and reliable control units is impacting the Moisture Analyzer market growth. For instance, in the year 2018, one of the leading market players, Thermo Fisher Scientific Inc., has introduced an inline sulfur analyzer that offers real-time data analysis which is very beneficial in the automated industries, and Oil and gas industries. Moreover, the system is capable of offering better connectivity in the industry. The increasing investments in the industry are propelling the overall growth of the Moisture analyzer industry.


 


The increasing number of automated industries and the advancing technologies in Moisture analyzers provide features such as higher reliability, heat-based technology, and other potential features that are expected to aid the Moisture analyzer market growth.


 


Market Restraints:


 


The increasing issues in the moisture analyzers such as reliability and stability, especially when performing repetitive measurements are negatively influencing the Moisture Analyzer market growth.


 


The lack of skilled professionals to operate the Moisture analyzers is affecting the overall growth of the Moisture analyzer market growth. Additionally, the potential issues such as electric short circuits while analyzing, ergonomic issues are considered as major restraints of Moisture analyzer market growth.


 


Market Challenges:


 


The higher risk of the constituents set for the analysis getting decomposed during the process of analysis. Additionally, the volatile components that are getting lost during the heating are also affecting the Moisture Analyzer market growth.


 


The portability and the requirement of additional equipment for performing other industrial operations are some of the issues that might arise in the industrial moisture analyzers. The manufacturers are considering these challenges and are working in removing such issues to improve the overall growth of the Moisture analyzer industry.


 


Cumulative Growth Analysis:


 


The market value of Moisture Analyzer is expected to surpass the market value of USD 1,571.4 million during the forecast period, while registering a CAGR of 3.9%. The market growth is due to the increasing demand for the end-user industries. The food and beverage industries are holding the largest share among other end-user applications owing to the increasing demand for food and beverages and stringent regulations imposed by the government on the food industry. For instance, the moisture content must be less than 40% in the processing of cheddar cheese. Therefore the legal limitations are impacting the overall growth of the Moisture Analyzer industry. Moreover, the shelf life of the food products is highly reliable on the moisture content; food articles with lower moisture content tend to be fresh longer, otherwise, the invasion of microbial attack would spoil the food. Such factors are the major factors for the increasing utilization of moisture analyzers in the food and beverage industry.


 


Moisture analyzers are playing a crucial role in determining the quality of the end-products and the processing of the raw materials. Therefore the moisture analyzers are intensively used in the quality checking departments across several industrial verticals such as chemical industries, petrochemical industries, animal fodder manufacturing plants, food and beverages industry, biopharmaceutical industries, and so on. Moreover, determining the moisture in the products ensures higher shelf life and quality, the Moisture analyzer market demand is growing at a healthy rate. 


 


Value Chain Analysis:


 


The Moisture Analyzer is witnessing healthy growth in recent years owing to the increasing automation in the industries. Several analyzing techniques such as Karl Fischer Titration, loss-on drying, capacitance, microwave, drying oven, NIR analyzers, and others have been intensively used in various applications according to the requirements. Among several other analyzing techniques, the NIR analyzing techniques is highly prevalent as they are utilized in applications such as medical and physiological diagnostics which includes, blood sugar, pulse oximetry, researches regarding sports medicine, functional neuroimaging, brain-computer interface, neurology, urology, and other industries such as pharmaceutical, food and agrochemical industries for quality control. 


 


The majority of industries are getting automated in recent times, therefore the inline moisture analyzers are mounted on production belts in the production area itself for continuous moisture content detection. This way the industry ensures the quality of the products produced and makes necessary changes immediately when the changes are required. 


 


Segment Overview:


 


Based on Type:


 



  • Desktop

  • Handheld

  • Inline


 


Based on Application:


 



  • Plastics and polymers

  • Construction

  • Agriculture

  • Food and beverage

  • Fabrics and textiles

  • Pharmaceuticals

  • Others


 


Based on Technique:


 



  • Karl Fischer Titration

  • Loss-on-dying

  • Capacitance

  • Microwave

  • Near-infrared

  • Radio Frequency

  • Others


 


Regional Analysis:


 


The Moisture Analyser market growth in North America is increasing in recent years, owing to the increasing number of food and beverages industries, chemical industries, packaging industries, and pharmaceutical industries which are considered as the major end-users of Moisture Analysers. Moreover, the increasing number of hospitals and healthcare centers due to the demand for medical assistance are impacting the growth of pharmaceutical industries in the region. Such factors are presenting lucrative opportunities for the overall growth of the Moisture Analyser industry.


 


On the other hand, North America is growing in the industrial sectors and food and beverages industry which are presenting opportunities for the Moisture Analyzer market growth. Moreover, the presence of leading market titans such as Ametek Inc., General Electric Inc., Mettler Toledo, and other emerging market players are fuelling the Moisture Analyzer market value in North America. Asia-pacific is also growing in the Moisture Analyzer market value due to the increasing number of industries in the region.  


 


Competitive Landscape:


 



  • Ametek, Inc. (US)

  • Kett Electric Laboratory (Japan)

  • Michell Instruments Inc. (US)

  • General Electric Co. (US)

  • PCE Instruments. (Norway)

  • Mettler-Toledo International, Inc. (US)

  • Spectrasensors, Inc. US)

  • Thermo Fisher Scientific, Inc. (US)

  • Adam Equipment Inc. (UK)

  • Brookhuis Applied Technologies (Netherlands)


 


.Recent Developments:


 


In the year 2020, one of the leading market players, Ametek Inc. has introduced the next generation Moisture analyzer, named as AMEVision with the communication and display systems. The system is capable of producing real-time data regarding the moisture analyzer with the features like span verification, zero calibration. Moreover, the system enables the user to extract data effectively via a USB port and enables onsite calibration.


 


In the year 2019, one of the leading market players, Shimadzu Corporation has launched a Moisture analyzer which is equipped with a long-life and high power Halogen heater. The halogen heater enables the user to alter the temperature between 50degrees and 200 degrees Celsius. The system comes with a USB port to transfer the results by a USB cable. The halogen heater helps in acquiring accurate measurements.


 


Report Overview:


 


This report has covered:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Cumulative Growth Analysis

  • Value Chain Analysis

  • Segment Overview

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


 



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 1,571.4 Million
  CAGR   3.9%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Application and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Ametek, Inc. (US), Kett Electric Laboratory (Japan), Michell Instruments Inc. (US), General Electric Co. (US), PCE Instruments. (Norway), Mettler-Toledo International, Inc. (US), Spectrasensors, Inc. US), Thermo Fisher Scientific, Inc. (US), Adam Equipment Inc. (UK), and Brookhuis Applied Technologies (Netherlands).
  Key Market Opportunities   Increasing adoption of automation in manufacturing processes is expected to fuel market growth
  Key Market Drivers

  • Growth of food & beverages industry
  • Increasing demand for these devices from the oil & gas industry


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    Frequently Asked Questions (FAQ) :

    The incomes worth USD 1,571.4 million is predicted to be achieved by the market.

    A 3.9% CAGR is expected to influence the market in the coming years.

    The North American region is expected to lead the market because of the growth of the food & beverage industry.

    The segments of technique, type, application, and region are a part of the market.

    Arizona Instrument LLC (US), Spectrasensors, Inc. US), Sartorius AG (Germany), Mettler-Toledo International, Inc. (US), Metrohm AG. (Switzerland), Shimadzu Corp. (Japan) are the market players.

    The increased use and adoption of next-generation technologies are hindering the market.