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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The prime objectives of this report can be summarized in the following points:
- To define, describe, and forecast the global moisture analyzer market based on analyzing technique, equipment type, vertical, and geography
- To strategically analyze the micromarkets1 with regard to the individual growth trends, prospects, and contribution to the moisture analyzer market
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the moisture analyzer market
- To provide a detailed overview of the value chain in the moisture analyzer market
- To analyze opportunities in the market for stakeholders and the details of the competitive landscape for leaders in the market
- To strategically profile key players of the moisture analyzer market and comprehensively analyze their market shares and core competencies
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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Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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