The global moisture analyzer market revenue was US$ 1.67 billion in 2021. The global moisture analyzer market revenue is forecast to reach US$ 2.30 billion by 2030, growing at a compound annual growth rate (CAGR) of 4% during the forecast period from 2022 to 2030.

Moisture analyzers are devices or instruments used to determine the moisture content of a product. The moisture balance is also called a moisture meter. It calculates moisture content using the loss on drying (LOD) method. An analyzer measure moisture content is a programmable laboratory instrument used to determine how much moisture is in samples and products during manufacturing or processing. Numerous industries use it, including foods & beverages, pharmaceuticals, and metals & mining.

Factors Influencing Market Growth

• The global moisture analyzer market is forecast to grow during the forecast period due to a rise in the demand for moisture analyzers in the healthcare industry, an increase in awareness regarding product maintenance and protection, and increasing demand from the food and beverage industry.
• The lack of skilled labor may have a negative impact on the growth of the global moisture analyzer market.
• In the automation industry, a surge in demand for in-line moisture analyzers is forecast to create lucrative growth opportunities for the moisture analyzer market.

Impact Analysis of COVID-19

The COVID-19 pandemic had negatively impacted the global moisture analyzer market. In order to control the spread of the COVID-19 virus government worldwide had imposed lockdown. As a result, it created uncertainties in the market. In addition, the production, operations, and manufacturing of the market were adversely affected, resulting in an overall decrease in market growth. 

However, post-COVID-19, as governments worldwide are relaxing the restriction, the global market is forecast to grow slowly during the forecast period. 

Regional Insights

During the study period, North America is forecast to lead the moisture analyzer market. US-based firms dominated the moisture analyzer market, followed by Canadian and Mexican firms. A number of factors are driving the growth of the moisture analyzer market in the region, including advancements in industrial technology and expansion of the food & beverage industry. In addition, Ametek.Inc., General Electric, Mettler Toledo, and Thermo Fisher Scientific Inc. are among the companies contributing to the market growth in this region. The increasing demand for moisture analyzers is a result of the rapid growth of pharmaceuticals and chemical companies. Additionally, the increased industrialization of the country in order to meet the need for high-quality production facilities is another factor that has driven market growth.

Leading Competitors

The leading prominent companies profiled in the global moisture analyzer market are:

• Ametek Incorporated
• General Electric Co.
• Kett Electric Laboratory
• Metrohm AG.
• Mettler-Toledo International Incorporated
• PCE Instrument
• Sartorius AG
• Shimadzu Corp.
• Sinar Technology
• SpectraSensors Incorporated
• Other Prominent Players

Scope of the Report

The global moisture analyzer market segmentation focuses on Type, Application, End-User, and Region.

Segmentation based on Type

• Desktop-Mounted
• Handheld
• In-Line

Segmentation based on Application

• Plastics and polymer
• Construction
• Agriculture
• Food and Beverage
• Fabrics and Textiles
• Pharmaceuticals
• Others

Segmentation based on End-User

• Petroleum and Chemical
• Pharmaceuticals
• Food and Beverage
• Wood, Paper, and Pulp
• Semiconductor
• Others

Segmentation based on Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America