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.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
11% |
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Base Year Market Size (2023) |
~ USD 1.2 Billion |
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Forecast Year Market Size (2036) |
~ USD 3 Billion |
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Regional Scope |
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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:
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Product |
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Type |
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End-User |
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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
Author Credits: Abhishek Verma, Hetal Singh
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