Global Moisture Meter for Process Control Market Size (2023 - 2030)

The global Moisture Meter for process control for the process control market is estimated to project a CAGR of 3.8%  and is estimated to $1.57 billion in 2022, and is projected to reach a market size of $2.11 billion by 2030. 

Market Overview: 

Moisture and water quantity play an integral role in affecting the quality and processing of materials along with the expense of raw materials and finished products in several manufacturing or other business sectors including chemical, food, and pharmaceutical products, construction materials, and others. Thus, there is an increasing demand for Moisture Meter for process controls that can help in detecting the correct amount of moisture content in a product to ensure its quality. A Moisture Meter for process control is a crucial device used across various industries to identify moisture content in several materials and determines the quality of the material. Several sectors, such as agriculture, construction, paper, leather, and many more use Moisture Meter for process control devices for improving the quality and the durability of materials. They are also known as moisture balance or Moisture Meter for process controls and the equipment commonly consists of weighing and heating units. Moisture is often mistakenly identified with only its water content but in fact, the moisture includes all its volatile components such as water, fats, oils, and organic solvents. They usually work by placing a sample in a small chamber and then it is being heated continuously. The Moisture Meter for process control requires a technician with nominal training and expertise in test sampling and obtaining relatively duplicable results. The Moisture Meter for process control comprises a heating unit, a weighing system, a display, a control unit, and an optional printer along with the socket for AC power (mains supply) or battery power. It also has an interface port for connecting peripheral devices such as a PC and an external printer. 

COVID-19 Impact on the Moisture Meter for process control Market: 

The COVID-19 pandemic negatively impacted the early 2020 Moisture Meter for process control market. Since most of the leading economies imposed a total lockdown worldwide, the focus was shifted to the increase in demand for essential industrial products and services, which decreased the manufacturing process and demand for some non-essential industrial products consisting of metal products. The pandemic also resulted in the shutdown of food manufacturing companies and other food services. As a result, slow growth in the Moisture Meter for process control market was witnessed especially around mid-2020. The pandemic impacted the Moisture Meter for process control market; however, the declining COVID-19 infection rates & patients and growing production facilities are set to propel the market growth in the coming years. 

Market Drivers: 

The growth of the food and beverages industry is boosting the market for Moisture Meter for process controls:  

Food and beverage products are extremely perishable goods and can be greatly affected by moisture, hence, manufacturers and producers of food and beverage products need to maintain the correct amount of moisture throughout the process. Moisture content also needs to be administered during the packaging and dispatch of food and beverage products to conserve the quality of these products throughout the supply distribution chain. As a result, the food and beverage industry are the largest consumer of Moisture Meter for process control devices augmenting the market growth. 

Growing demand for these devices in the pharmaceutical industry is bolstering the market size: 

The pharmaceutical industry is one of the most quality-centric industries, therefore the industry needs to maintain high accuracy in terms of the chemical composition due to the sensitivity of these products. Also, to meet the strict government norms and standards for chemical compositions, the pharmaceutical industry needs to take care of moisture content accuracy in the manufacturing process to maintain quality. Hence, boosting the market growth of these devices.  

Market Restraints: 

Stability and reliability issues of the devices are hampering the market growth: 

The stability and credibility issues related to Moisture Meter for process controls may hold back the industry’s growth. An accurate analysis is an important factor and is considered pivotal thus, insufficiency or inaccuracy in moisture content analysis can lead to unsuitable outcomes resulting in various other complications. Adverse temperature condition also has a severe impact on the instrument's electrolysis time, speed, reliability, and stability. The sudden temperature increase can cause the reagent to become volatile, resulting in its loss. Also, variables such as the wrong or improper adjustment of the heating unit, mechanical defects in the weighing unit, wrong sample preparation, or other operator errors may lead to stability and reliability issues, thereby hampering the growth of the global market size. 

MOISTURE METER FOR PROCESS CONTROL  MARKET REPORT COVERAGE:

This research report on the Moisture Meter for process control Market has been segmented and sub-segmented based on Product Type, Technology Type, Mobility Type, Probe Type, Technique Type, Industry, Region, and Key Companies. 

Moisture Meter for process control Market – By Product Type. 

• Paper Moisture Meter

• Absolute Paper Moisture Meter
• Relative Paper Moisture Meter

• Soil Moisture Meter
• Concrete Moisture Meter
• Wood Moisture Meter
• Air Moisture Meter
• Others 

Based on product type, the Moisture Meter for process control market is segmented into 6 main categories – Paper Moisture Meter, Soil Moisture Meter, Concrete Moisture Meter, Wood Moisture Meter, Air Moisture Meter, and Others. 

Moisture Meter for process control Market – By Technology Type. 

• Digital 
• Analog 

Based on technology type, the Moisture Meter for process control market is segmented into 2 main categories – Digital and Analog. 

Moisture Meter for process control Market – By Mobility Type. 

• Portable 
• Benchtop 
• In-line 

Based on mobility type, the Moisture Meter for process control market is segmented into 3 main categories – Portable, Benchtop, and In-line. 

The demand for in-line Moisture Meter for process controls is estimated to project the highest during the forecast period, owing to the rapid growth rate of process automation in the manufacturing industry along with various other industries, which is eventually creating the demand for in-line Moisture Meter for process controls. 

Moisture Meter for process control Market – By Probe Type. 

• Pin 
• Pinless 
• Combination 

Based on probe type, the Moisture Meter for process control market is segmented into 3 main categories – Pin, Pinless, and Combination. 

Moisture Meter for process control Market – By Technique Type. 

• Loss On Drying 
• Infrared Radiation 
• Microwave Radiation 
• Karl Fischer Titration 
• Capacitance 

Based on technique type, the Moisture Meter for process control market is segmented into 5 main categories – loss on drying, infrared radiation, microwave radiation, Karl Fischer titration, and Capacitance. 

The infrared Moisture Meter for process controls hold the largest market share as they are empirical, time-efficient, and easy to use. Its other characteristic features such as non-destructiveness, contactless and better versatility, and operating in different conditions with both liquids & solids are augmenting the market. 

Moisture Meter for process control Market – By Industry. 

• Plastic and Polymer 
• Pharmaceuticals 
• Chemical and Petroleum 
• Food and Beverage 
• Wood, Paper, and Pulp 
• Research and Academics 
• Construction 
• Water Treatment and Biomass 
• Semiconductor 
• Metal and Mining 

The food and beverage vertical accounts for the majority of the share of the market and will grow fastest during the forecast period. The massive demand from the food and beverage industry can be contributed to the strict government regulations for maintaining the high quality of edible products. The pharmaceuticals vertical is anticipated to be the second-fastest market for Moisture Meter for process controls closely followed by the water treatment and biomass industry. 

Moisture Meter for process control Market – By Region. 

• North America 
• Europe 
• South America 
• Asia-Pacific 
• Middle-East and Africa 

Based on region, the Moisture Meter for process control market is segmented into 5 major regions – North America, Europe, Asia-Pacific, South America, Middle-East, and Africa.  

Europe and Asia-Pacific regions are estimated to project a significant CAGR and reach more than USD 602 million by 2030during the forecast period due to the growing agriculture and construction industry. U.S. and Canada, are estimated to witness remarkable growth during the forecast period due to the increase in automation in the agriculture industry. 

Asia-Pacific excluding Japan is anticipated to hold the largest market share during the forecast period. Increasing developments in the pharmaceutical industry and notable growth in the food and beverages industry are creating an elevated demand for Moisture Meter for process controls. Moreover, increasing investments in the chemical as well as food & beverages industries in the region, such as India and China, are likely to drive the Moisture Meter for process control market in the region. 

Moisture Meter for process control Market – By Companies. 

1. Ametek Inc. (US) 
2. Kett Electric Laboratory (Japan) 
3. Michell Instruments Inc. (US) 
4. General Electric Co. (US) 
5. PCE Instruments. (Norway) 
6. Mettler-Toledo International Inc. (US) 
7. Spectrasensors Inc. US) 
8. Thermo Fisher Scientific Inc. (US) 
9. Adam Equipment Inc. (UK) 
10. Brookhuis Applied Technologies (Netherlands) 

Key Recent Developments: 

• In April 2021, Mettler-Toledo International Inc. acquired PendoTECH. This assisted the company to expand its product portfolio and extend the business expansion to enhance its brand image. 
    
• In December 2021, Ametek Inc. announced the acquisition of Alphasense. This acquisition helped to gain a technological lucrative advantage and strengthen their R&D activities.