Global Soil Testing Equipment Market is valued at USD 4.42 Billion in 2022 and expected to reach USD 8.73 Billion by 2029 with a CAGR of 10.2% over the forecast period.
Soil Testing Equipment Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2025. Increasing adoption of precision farming in order to increase yield and production capacity of farms and growing number of government initiatives for promoting soil testing as well as increasing population leads to rise in demand of food across the globe are some important factors driving the growth of soil testing equipment market.
Soil testing equipment provides information related to characteristics of soil and analysis of soil sample to determine nutrient content, composition, acidity and pH, moisture required by agriculture, environmental and construction industry. In agriculture, soil testing helps to improve nutritional balance of growing plant and provides an indication of potential nutritional deficiency, pH imbalance or excess soluble salts. Soil testing equipment used to determine fertility level, and identify potential toxins. In construction soil testing equipment used to determine different types of soil test such as gravity test, moisture test and dry density test. Soil testing equipment used by civil engineers provides information having direct impact on selection of foundation system and design parameters for bridges, dams, roads and building. Environmental soil testing equipment is used to test the quality of water especially in cases where the water is used for consumption in any form and screen them to detect the presence of any pesticides.
Soil testing equipment market is segmented into end-use industry, type of test, site, and degree of automation, region and country. On the basis of end-use industry, soil testing equipment market is segmented into agriculture, environment, and construction. Based on type of test, soil testing equipment market is segmented into physical, residual and chemical. On the basis of degree of automation, soil testing equipment market is segmented into automatic and manual. On the basis of site, soil testing equipment market is segmented into lab and on-site.
The regions covered in global soil testing equipment market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, Global soil testing equipment market sub divided in U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global Soil Testing Equipment Market reports cover prominent players like,
News: 19 July 2020- ELE International has launched new advanced soil testing equipment called AUTO Soils Consolidation (ASC), which is latest addition to the ELE Soiltest PRO. New level of accuracy and reliability in the result can be shown by the automating the test. The ASC is also able to incorporate two external manual consolidation frames, which is a major advantage for laboratories wishing to upgrade their consolidation test capability, without making their manual frames redundant.
The key factor for the growth of soil testing equipment market is rapid urbanisation coupled with rising population leads to growth in construction industry. Furthermore, rising adoption of precision farming in order to increase yield is driving the growth of soil testing equipment market. In addition, government initiatives for promoting soil testing in agriculture as well as in construction industry this drives soil testing equipment market. Moreover, rising awareness about benefits of soil testing coupled with technological advancement in the soil testing equipment is driving the growth of soil testing equipment market. However, the factors which restrict the growth of soil testing equipment market is high cost of soil testing equipment. Moreover, new innovation in equipment to know new characteristics of soil creates huge opportunity in soil testing equipment market.
North America is expected to dominate the growth of soil testing equipment market due to presence of many key players as well growing growth of organic farming in this region. Furthermore, increasing government initiative for promoting soil testing in agriculture, environment as well as in construction industry is driving the growth of soil testing equipment market in this region.
Asia-Pacific is projected to grow faster due to increasing population in countries such as India, China coupled with rapid urbanisation in this region. Additionally, China is one of the world’s most significant players in the construction business due to the growing commercial sectors.
Europe is also anticipated to grow due to technological innovation in soil testing equipment coupled with growing precision farming practices in this region. Furthermore, government support for the innovation in technology is driving the growth of soil testing equipment market
|Historical data||2015 - 2022|
|Forecast Period||2022 - 2029|
|Market Size in 2022:||USD 4.42 Billion|
|Base year considered||2021|
|Forecast Period CAGR %:||10.2%|
|Market Size Expected in 2029:||USD 8.73 Billion|
|Tables, Charts & Figures:||175|
|Key Players/Companies||Agilent Technologies, Thermo Fisher Scientific Inc, Merck Group, PerkinElmer Inc., Controls S.p.A, LaMotte Company, ELE International, Gilson Company, Others|
|Segments Covered||By End-use Industry, By Tests, Degree of Automation, By Site.|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
By End-use Industry -
By Tests -
Degree of automation -
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