Heat-Drying Moisture Analyzers (moisture balances) Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Type (Benchtop Moisture Analyzers, Portable Moisture Analyzers), By Technology (Halogen Moisture Analyzers, Infrared Moisture Analyzers, Microwave Moisture Analyzers), By Application (Food and Beverage, Pharmaceuticals, Chemicals, Agriculture, Textiles, Plastics, Environmental Monitoring, Others), By End-User (Industrial, Research and Academic Institutes, Quality Control Laboratories), By Distribution Channel (Direct Sales, Distributors, Online), and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Heat-Drying Moisture Analyzers (moisture balances) Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Type (Benchtop Moisture Analyzers, Portable Moisture Analyzers), By Technology (Halogen Moisture Analyzers, Infrared Moisture Analyzers, Microwave Moisture Analyzers), By Application (Food and Beverage, Pharmaceuticals, Chemicals, Agriculture, Textiles, Plastics, Environmental Monitoring, Others), By End-User (Industrial, Research and Academic Institutes, Quality Control Laboratories), By Distribution Channel (Direct Sales, Distributors, Online), and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Region: Global
Published: June 2024
Report Code: CGNCAM774
Pages: 221

The Global Heat-Drying Moisture Analyzers (moisture balances) Market was valued at USD 221.4 Million in 2023 and is anticipated to reach a value of USD 274.5 Million by 2031 expanding at a CAGR of 2.8% between 2024 and 2031.

The emerging industry to be targeted is heat-drying moisture analyzers (moisture balances), which are equipment applied for the quantification and control of moisture content in various materials by employing heat-drying methods. These precision instruments are found useful in different industries such as food and beverages, medicines, chemicals, agricultural products, and construction sectors where accurate moisture measurement is paramount to quality control, adherence to required standards, certification, and efficiency. Moisture analyzers that use heat to dry are basically equipped with an apparatus that has the capability of heating the sample until the moisture evaporates, and through this process, the weight is determined. The European market is mainly explained by the rising need for quality and control both in the service and producer sectors. For example, in food processing and manufacturing, proper control of moisture content is essential to contributing to food quality, safety, and longevity. Likewise, in the pharma sector, where moisture content affects the performance and shelf life of the product, which is crucial. In addition, other factors such as automation and precise measurement in industries serve as key drivers for the continuous use of sophisticated moisture analyzers.

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Heat-Drying Moisture Analyzers (moisture balances) Market Major Driving Forces

Quality Control in Manufacturing: This is because manufacturers have placed a lot of focus on the quality issues of products, and this makes it necessary to have a means to measure the quality of moisture that could impact their products.

Regulatory Compliance: The moisture analysis is important under many regulatory systems for different kinds of industries, like food industries, pharmaceutical industries, chemical industries, etc.

Technological Advancements: Advancements in the design of moisture analyzers, in particular digital display options, real-time analysis, and increased levels of automation, which help to increase the speed and accuracy of these types of instruments, are promoting growth within this sector.

Expansion of the Food and Beverage Industry: The expansion of the food and beverage industry, which has issues with quality maintenance and shelf life, additionally makes the adoption of accurate and efficient moisture analysis systems more likely. 

Heat-Drying Moisture Analyzers (moisture balances) Market Key Opportunities

Development of Portable and Handheld Devices: The increase in breadth of portable and handheld moisture analyzers can meet most of the requirements for on-site testing services to ensure that there is convenience for different industries.

Integration with IoT and Smart Technologies: The integration of IoT and smart technologies can improve the timely collection of data, remote object control, and even facilitate more effective maintenance compared to standard industrial automation solutions.

Customization for Specific Industries: Newer models of moisture analyzers that are specific to end-user segments such as food and beverages, pharmaceuticals and chemicals, agriculture, etc. can be an advantage.

Heat-Drying Moisture Analyzers (moisture balances) Market Key Trends

·         Increasing adoption of portable and handheld moisture analyzers.

·         Integration with IoT and smart technologies for real-time monitoring.

·         Growing demand for automation and precision in quality control.

·         Expansion in emerging markets with rising industrialization.

·         Customization of analyzers for specific industry applications.

·         Enhancement of digital interfaces and user-friendly features.

·         Focus on energy-efficient and sustainable moisture analyzers.

·         Rising use in environmental monitoring and soil analysis.

·         Development of industry-specific regulatory compliance solutions.

·         Investment in research and development for technological innovation.

·         Expansion of comprehensive after-sales services and support.

·         Increased marketing and awareness campaigns to educate potential customers.

·         Exploration of new application areas such as textiles and plastics.

·         Strategic partnerships and collaborations for product development.

·         Emphasis on reducing operational costs through efficient moisture measurement.

Region-wise Market Insights

North America accounted for the largest market share at 40.1% in 2023 whereas, Asia Pacific is expected to register the fastest growth, expanding at a CAGR of 3.1% between 2024 and 2031.

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North America captures a large market share mainly due to the compulsory regulatory measures and the need for accuracy in industries including pharma, food, beverage, and others. This is backed up by the presence of other significant market players and superior technological facilities, which augment the growth of the market in this region. Europe is second in imports, with Germany, France, and the United Kingdom being at the forefront because of their strict regulatory standards for quality and compliance with EU standards”. It also increases the focus on sustainable and energy-efficient practices within the region, which also contributes to the purchase of advanced moisture analyzers. On a global standpoint, industrialization and augmentation of manufacturing industries in developing countries such as China, India, and Japan, located in the Asia-Pacific region, are regarded as leading contributing factors to the market’s growth. Growing automation and quality control initiatives in these countries enhance the growth of this market, as quality analysis requires accurate moisture measuring instruments. In the same regard, increasing concerns for food hygiene and pharmaceutical quality standards play another role in boosting the market size in this region.

Market Competition Landscape

The heat-drying moisture analyzers (Moisture Balances) market features high fragmentation and the presence of many international and local players striving for market leadership in terms of innovations, product quality, and joint ventures. Market leaders are Mettler Toledo, Sartorius AG, and Shimadzu Corporation, which provide a broad range of products, possess advanced technologies, and have a dense network of sales offices located all over the world. These giants of the industry always dedicate their resources to research with a view to improving the accuracy, effectiveness, and simplification of their moisture analysts to suit changing market needs. Similarly, mid-range manufacturers, such as A & D Company, Kett Electric Laboratory, and OHA Laboratory & Measurement Company, OHAUS Corporation, also occupy a large market niche since they provide mainly application-oriented and competitively priced products. In addition, it is also possible to remark that the market is also populated by a number of startups and regional vendors who are targeting specific product segments and value propositions with particular attention to product differentiation. Some of the leading market players, including Adam Equipment, Precisa Gravimetrics AG, and PCE Instruments, are increasing their market share based on pocket-sized and mobile instruments and smart elements, multiple Internet of Things connections, and high-quality customer service and technical support. Prominent players in the market include:

·         Mettler Toledo

·         Sartorius AG

·         Shimadzu Corporation

·         A&D Company

·         Kett Electric Laboratory

·         OHAUS Corporation

·         Adam Equipment

·         Precisa Gravimetrics AG

·         PCE Instruments

·         Thermo Fisher Scientific

·         Brabender GmbH & Co. KG

·         Denver Instrument

·         Radwag Balances and Scales

·         Kern & Sohn GmbH

·         VWR International (part of Avantor)

Report Attribute/Metric

Details

Market Revenue in 2023

USD 221.4 Million

Market Revenue in 2031

USD 274.5 Million

CAGR (2024 – 2031)

2.8%

Base Year

2023

Forecast Period

2024 – 2031

Historical Data

2019 to 2023

Forecast Unit

Value (US$ Mn)

Key Report Deliverable

Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape

Segments Covered

·         By Type (Benchtop Moisture Analyzers, Portable Moisture Analyzers)

·         By Technology (Halogen Moisture Analyzers, Infrared Moisture Analyzers, Microwave Moisture Analyzers)

·         By Application (Food and Beverage, Pharmaceuticals, Chemicals, Agriculture, Textiles, Plastics, Environmental Monitoring, Others)

·         By End-User (Industrial, Research and Academic Institutes, Quality Control Laboratories)

·         By Distribution Channel (Direct Sales, Distributors, Online)

Geographies Covered

North America: U.S., Canada and Mexico

Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

South America: Brazil, Argentina, and Rest of Latin America

Middle East & Africa:  GCC Countries, South Africa, and Rest of Middle East & Africa

Key Players Analyzed

Mettler Toledo, Sartorius AG, Shimadzu Corporation, A&D Company, Kett Electric Laboratory, OHAUS Corporation, Adam Equipment, Precisa Gravimetrics AG, PCE Instruments, Thermo Fisher Scientific, Brabender GmbH & Co. KG, Denver Instrument, Radwag Balances and Scales, Kern & Sohn GmbH, VWR International (part of Avantor).

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