Moisture Meter Market Size & Share, by Product (Relative, RHS, RHT, Absolute); Type (Digital, Analog); End-User (Residential, Commercial, Automotive, Industrial, Agriculture, Weather Station, Healthcare) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5858
  • Published Date: Mar 11, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Moisture Meter Market size is expected to reach USD 3 Billion by the end of 2036, growing at a CAGR of 11% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of moisture meter was USD 1.2 Billion. The market growth is owing to factors like moisture’s harmful effects on products such as electronics appliances, metal products, food, and many others which drives a demand for moisture detection solutions. Excess moisture leads to structural issues, mold growth, and product degradation. Sectors like food and pharmaceuticals prioritize maintaining optimal moisture levels. Infrastructure maintenance benefits from early moisture detection to prevent metal corrosion and mold build up. For instance, mold spoilage losses in Western Europe cost more than 210 USD per year in the bread industry, and food-related to fungal spoilage in Australia has been reported to be more than 10 million USD per year. To prevent such losses and to maintain strict regulations moisture meter becomes a essential tool.

In addition to these, other factors that are believed to fuel the market growth of moisture meter market include incresing awareness of emerging stringent reguations and quality standards mandated by regulatory bodies and industry association. The trend is particularly evident in sectors such as food and beverages, pharmacuticals and electronics where sringent precision and rigrous quality control measures and imperative.


Moisture-Meter-Market
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Moisture Meter Moisture Meter Market: Growth Drivers and Challenges

Growth Drivers

  • Rising Demand in Agricultural Sector- According to the World Bank, the agriculture sector is crucial to economic growth and holds around 4% of the global GDP. Hence to ensure good quality crops, the rising advancements of wireless moisture meters and remote moisture sensors have been revolutionizing the monitoring of variables impacting crop quality. By providing real-time, actionable insights, these sensors empower farmers to enhance yields and minimize the time spent on watering trips. Furthermore, the trend towards industrial automation and the advent of Industry 4.0 has led to the integration of moisture meters in different industries such as food and beverages, healthcare, and textiles, among others.
  • Increasing Concerns Regarding Environmental Degradation-Amid environmental concerns, the necessity for monitoring and regulating humidity levels in both indoor and outdoor settings surged, driving the demand for moisture meters across diverse sectors such as weather monitoring, HVAC system, greenhouses, and indoor air quality control. Additionally, the increasing awareness regarding environmental degradation is anticipated to drive the moisture meter market for environmental sensors, particularly in applications such as air purification systems and affordable air quality monitoring devices. Furthermore, continuous environmental monitoring becomes vital given the water bodies getting polluted from climate change and human action.
  • The Growing Development in Moisture Meter Technology-Recently the use of Microelectromechanical System (MEMS) technology has been on the rise, and because of that, there is a growing demand for moisture meters which are based on MEMS technology. Meters with MEMS technology have more functionality and complexity, faster processing speed, lower power consumption, and reduced size. Thus, making it more favored for different industries. Furthermore, the addition of wireless technology to the moisture meter has increased its usability as it has become more cost-efficient and easier to use as compared to its counterpart. For instance, due to the adoption of wireless meters there has been a demand for moisture meters in greenhouse farming for climate monitoring.

Challenges

  • Price Fluctuations to Prevent Growth- Price fluctuations and supply shortages in key components and raw materials significantly hinder moisture meter market growth. Additionally, substantial maintenance and operational expenses pose significant challenges. Moreover, the expense of moisture meter technology contributes to higher overall market prices, further complicating growth prospects.
  • It has been found that sensors lack quick response times, which is crucial for maintenance.
  • Limited accuracy and complexity of installation regulations.

Moisture Meter Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

11%

Base Year Market Size (2023)

~ USD 1.2 Billion

Forecast Year Market Size (2036)

~ USD 3 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Moisture Meter Segmentation

By Type (Digital, Analog)

The digital segment is predicted to account for 60% share of the global moisture meter market by 2036. The segment growth can be attributed to the numerous benefits it offers, including wide range measurement, enhanced dwell time, cost-effectiveness, and rapid time to market. These advantages drive electronic manufacturers to adopt sensors with digital output in smart home appliances, thereby enhancing their reliability and durability and further propelling industry growth. According to different surveys, over 688 million home appliances were sold in 2020, hence moisture meter manufacturers are prioritizing the integration of digital interfaces into their sensor offering to meet the high demand from various environmental monitoring application.

End-User (Residential, Commercial, Automotive, Industrial, Agriculture, Weather Station, Healthcare)

The industrial segment is predicted to account for 32% share of the global moisture meter market by 2036. The segment growth is fueled by escalating demand for cooling system and monitoring within the food and beverages industry. Moisture meters play a vital role in managing elevated moisture levels, which pose a risk to food quality. As the need for high-quality food products capable of extended preservation grows, manufacturers are prompted to develop customized sensors tailored to consumer preferences, enhancing their competitive position in the market.

Our in-depth analysis of the global market includes the following segments:

     Product

  • Relative
  • RHS
  • RHT
  • Absolute

     Type

  • Digital
  • Analog

     End-User

  • Residential
  • Commercial
  • Automotive
  • Industrial
  • Agriculture
  • Weather
  • Station
  • Healthcare

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Moisture Meter Industry - Regional Synopsis

North American Market Forecast

Moisture meter market in North America region, is anticipated to hold the largest with a share of about 30% by the end of 2036. The market growth in the region is driven by strict environmental regulations to keep products like food, pharmaceuticals, and electric appliances safe from mold and dampness, government support, and initiatives promoting modern agriculture. Furthermore, the farm owners, both small and large-scale have started to adopt precise farming practices to improve agricultural efficiency and acquire better harvest. Additionally, the rise in the adoption of air quality monitoring systems and rising demand for moisture meters in domestic applications such as air conditioners in offices and thermostats in homes are driving the growth of the market in the region. To give a reference, 1 out of 8 houses in the USA use a smart thermostat with a central air conditioning unit. These factors are impelling growth in the market.

APAC Market Analysis

The Asia Pacific moisture meter market is estimated to be the second largest, registering a share of about 25% by the end of 2036. The market’s expansion can be attributed majorly to the rapid pace of modernization of agriculture. With its expanding economy and advancements in technological sector, Asia pacific emerges as a leading market for moisture meter. Significant market expansion is anticipated in key nations such as China, Japan, and India throughout the projection period. As China and Japan, renowned for their excellent technical infrastructure these nations are to exhibit a substantial demand for moisture meter in industries like medical, manufacturing, automobile and many more. Moreover, agriculture sector also accounts for the growth of the moisture meter market in the region, as India and China have a huge amount of arable land, for instance in India agriculture sector alone contributes 17.5% of its total GDP and adoption of modern farming techniques in these countries offers a great scope for the growth of the moisture meter market

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Moisture-Meter-Market-size
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Companies Dominating the Moisture Meter Landscape

top-features-companies
    • Honeywell International Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis.
    • TE Connectivity.
    • Sensirion.
    • STMicroelectronics N.V.
    • Texas Instrument Incoperated.
    • Amphenol Advanced Sensor.
    • Bosch Sensortec GmbH.
    • KYMA
    • Wiiste
    • Metravi Instruments pvt ltd

In-the-news

In The News

  • South Korea KYMA, a comprehensive environmental measurement solutions company, launched portable moisture meter KHK-21. KHK-21, a portable automatic moisture meter, compiles with the revised air pollution process test standards. It also uses KYMA’s domestically patented technology to complete the entire measurement process from preheating to measurement in around 5 minutes.     Additionally, KHK-21 is a portable, battery-powered device that can operate for nearly a week on a single charge. KHK-21 is gaining attention as a simple and innovative measuring device because it does not require additional heating, cooling, optical, or chemical devices due to its capacitive sensor measurement approach.
  • one of the largest manufacturers & distributor of electrical & electronic test and measurement instrument in India launched the HT-12 Temperature and Humidity Meter with External Probe its large LCD display for digital temperature & humidity, with alarm clock, min & max temperature & humidity reading, comfort level indication and option to measure indoor temperature and humidity as well as outdoor temperature simultaneously. Temperature range: -10°C ~ 50°C, Humidity range: 20% ~ 95%RH.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5858
  • Published Date: Mar 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The moisture meter market growth is owing to factors like rising demand in agricultural sector, increasing concerns regarding environmental degradation and the growing development in moisture meter technology.

The market size of moisture meter is anticipated to attain a CAGR of 11% over the forecast period, i.e., 2024-2036.

The major players in the market are Honeywell International Inc., TE Connectivity, ensirion, STMicroelectronics N.V., Texas Instrument Incoperated, Amphenol Advanced Sensor, Bosch Sensortec GmbH, and others.

The industrial segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Moisture Meter Market Report Scope
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