[157 Pages Report] 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 2022. The moisture analyzer
market is mainly driven by factors such as increasing demand from
traditional as well as new verticals and rapid adoption in Asia. For
this study, the base year considered is 2016 and the market forecast
provided is between 2017 and 2022.
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Food and beverage vertical holds the largest share of the moisture analyzer market
The food and beverage vertical held the largest
market share of the overall moisture analyzer market in 2016. This huge
demand from the food and beverage vertical can be attributed to the
stringent government regulations for maintaining the high quality of
edible products by maintaining the moisture content in the product at
the desired level.
Near-infrared expected to be the fastest growing analyzing technique in the moisture analyzer market
The moisture analyzer market for the near-infrared
(NIR) analyzing technique is expected to grow at the fastest rate during
the forecast period. This is mainly because NIR analyzers provide the
opportunity to measure moisture content in the product during the
manufacturing process. With the growing process automation in various
industries, the demand for in-line moisture analysis is growing, and NIR
analyzers are the best fit for the continuous analysis of moisture
during the product manufacturing process.
The Americas is the major consumer of moisture analyzers
The Americas accounted for largest share of the
overall moisture analyzer market in 2016. This region is home to several
moisture analyzer manufacturers, along with industries such as food and
beverages, and pharmaceuticals, which are the major consumers of this
equipment.
The report also profiles the most promising players
in the moisture analyzer market. The competitive landscape of the market
is highly dynamic because of the presence of a significant number of
big and small players. The key players in the market are PCE Instruments
(Germany), Michell Instruments Inc. (England), Ametek Inc. (US),
SpectraSesnsors Inc. (US), General Electric Co. (US), A&D 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.) Ltd. (Hong Kong).
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