Market Overview- 2027
The Moisture Analyzer Market Size is expected to reach USD 1,571.4 Million, with a CAGR of 3.9% during the forecast period.owing to the rising process automation leading to notable demand for moisture analysis, technological advancements, and the need for longer lifespan & maintenance-free products among others. The adoption of highly precise products and growing innovation are projected to stimulate the industry revenue positively in the coming years. The demand for portable equipment is expected to increase owing to significant applications in a real-time environment, for the detection of the percentage of a particular moisture component. The developments in instrumental techniques such as Karl Fischer titration, near-infrared, etc. concerning safety test procedures will spur the business growth positively.
Moisture analyzers are becoming more popular for determining the humidity and temperature of components and industrial products. The main reasons for measuring moisture content are to increase the product's shelf life, quality, and raw material optimization, among other things. As a result of the potential benefits and improvements in the Moisture Analyzer sector, the market for Moisture Analyzer is predicted to increase. Sensor integration, real-time measurement, ensuring compliance, robustness, and other technological advancements in the industry are all important drivers of the Moisture Analyzer market.
The COVID 19 has had an impact on the expansion of numerous industrial sectors as well as the economic situation of several countries throughout the world. In this region of the world, the burden on industries, less human power, lower production rates, and industry closures have all been very common. Medical assistance and pharmaceutical products such as diagnostic kits, PPE kits, and other medical help and pharmaceutical products are in high demand, according to health care groups. Even though the pharmaceutical industries drove the expansion of the Moisture Analyzer market throughout the pandemic, funding for moisture analyzer R&D has decreased dramatically as the economy has deteriorated. As a result, the overall growth of the Moisture Analyzer Market has been hampered, although it is predicted to rise at a reasonable rate throughout the forecast period.
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Moisture Analyzer Market Segmentation
Based on the Type, the market has been segmented into Desktop, Handheld, and Inline.
Based on the Application, the market has been segmented into Plastics and Polymers, Construction, Agriculture, Food and beverage, Fabrics and textiles, Pharmaceuticals, and Others.
Based on the Technique, the market has been segmented into Karl Fischer Titration, Loss-on-dying, Capacitance, Microwave, Near-infrared, Radio Frequency, and Others.
Based on the Region, the market has been segmented into North America, Europe, Asia-pacific, and the Rest of the World (RoW).
Moisture Analyzer Market Outlook - 2027
The increasing adoption of moisture analyzers is anticipated to proliferate market growth in the coming years. This equipment is proved to be an ideal instrument to perform moisture analytical tests. Additionally, ongoing advancements have favored the evolution of these devices that offer automatic, robust, high quality, fast, and error-free moisture analysis, using the maximum degree of precision and measurement performance. These devices are also in high demand in the food and beverage industries. Food and beverage products are highly perishable, and moisture can quickly degrade them. For instance, the U.S. FDA mandates the practice of moisture analyzers in food & beverage companies as higher levels of moisture may lead to contamination and affect the food quality.
Furthermore, moisture is a crucial parameter concerning the development of bulk solid pharmaceutical solutions. The manufacturing mechanism of advanced drugs is a complex process, and during a process that has essential phases that occur over multiple days, rapid and precise determination of moisture content is critical.
Moreover, the need for these devices in pharmaceutical sector is expected to experience substantial growth trend in the coming years. This substantial demand is pertaining to the factor that pharmaceutical product quality, effectiveness and shelf-life is based on the water content that facilitates imperative water determination in pharmaceutical analysis. For pharmaceuticals, the water content in solid dosage forms such as tablets and lyophilized substances is overlooked closely. For the latter, the regulatory guidelines mandate that the moisture content is required to be lower than 2%.
Regional Classification
The expansion of the Moisture Analyzer market in North America has accelerated in recent years, owing to an increase in the number of food and beverage industries, chemical industries, packaging industries, and pharmaceutical industries, all of which are key end-users of Moisture Analyzers. Furthermore, the region's pharmaceutical businesses are being impacted by the growing number of hospitals and healthcare centers as a result of the increased need for medical help. Such variables are giving attractive chances for the Moisture Analyzer industry's overall growth. North America, on the other hand, is expanding in the industrial and food and beverage industries, creating the potential for the Moisture Analyzer market to expand. The value of the Moisture Analyzer market in Asia-Pacific is also increasing due to the growing number of industries in the area.
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Industry News
The major key players in the market are Kett Electric Laboratory (Japan), Ametek, Inc. (US), Michell Instruments Inc. (US), General Electric Co. (US), PCE Instruments. (Norway), Mettler-Toledo International, Inc. (US), Spectrasensors, Inc. US), Thermo Fisher Scientific, Inc. (the US), Adam Equipment Inc. (UK), and Brookhuis Applied Technologies (Netherlands).
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