06-Feb-2020 | Facts and Factors
Facts and Factors have authored “Moisture Sensors Market by Type (Halogen Moisture Sensor, Infrared Moisture Sensor, and Microwave Moisture Sensor), and By Application (Food Processing, Pharmaceutical, Environmental, and Chemical Industries): North America and Europe Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2026”. Based on our analysis, North America and Europe Moisture Sensors market in 2019 is approximately USD 400 million and is anticipated to reach around USD 550 million by 2026. The anticipated CAGR for the Moisture Sensors market is around 4% from 2020 to 2026.
A moisture sensor is an instrument used to detect the moisture level. Moisture sensors typically senses, measures, and reports air and moisture temperature. Manufactures use moisture sensors for quick detection and real-time management of different variables in the manufacturing process. Accuracy, reliability, linearity, and response time are important parameters to be considered while choosing the right moisture sensor. Moisture sensors found a wide range of applications in the industries including food processing, textile, paper, tobacco, chemical, pharmaceutical, renewable energy, etc.
Browse the full “Moisture Sensors Market by Type (Halogen Moisture Sensor, Infrared Moisture Sensor, and Microwave Moisture Sensor), and By Application (Food Processing, Pharmaceutical, Environmental, and Chemical Industries): North America and Europe Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2026” report at https://www.fnfresearch.com/moisture-sensors-market-by-type-halogen-moisture-sensor
The increasing demand for food processing, pharmaceutical, chemical industries with rising environmental concerns across the world is one of the most key factors fueling the growth of North America and Europe moisture sensors. North America and Europe Moisture sensors market is anticipated to grow owing to the rapid expansion of end-use industries and increasing in advanced manufacturing with a widespread focus on research and development by key manufacturers. Strong focus on technological advancements by key manufacturers is anticipated to witness significant growth during the forecast period.
The issues regarding the reliability and inaccuracy of the moisture sensors of may hamper the market’s growth. Research and development, innovations activities in the technology of the moisture sensors and rising demand for ready to eat snack foods are expected to open new avenues for the North America and Europe moisture sensors market in the near future. In terms of value, the North America and Europe moisture sensors market is projected to ascend at a growth rate of around 4.0% over the forecast period.
On the basis of type, the moisture sensors market is segmented as a halogen moisture sensor, infrared moisture sensor, and microwave moisture sensor. Among which infrared moisture sensor segment is expected to account for the major revenue share in the moisture sensors market over the forecast period. The infrared moisture sensor segment is followed by the halogen moisture sensor segment in terms of revenue share. The infrared moisture sensor type segment is anticipated to account for around 40% of the North America and Europe moisture sensors market within the forecast period.
Among the application, the beverage segment was the most attractive segment of the market in 2019. Beverages find a major application for moisture sensors, as there are different variants available that allow unique tastes and extend the shelf life of the beverage products compared to regular sugar. Likewise, the trade of the moisture sensors is also influenced by the regulations. The robust population, changing lifestyle, rising disposable income, and rising awareness of healthcare, are expected to fuel the utilization of moisture sensors.
On the basis of application, North America and Europe moisture sensors market is categorized into food processing, pharmaceutical, environmental, and chemical industries. Among the aforementioned segment, the pharmaceutical segment accounted for the relative revenue share in the moisture sensors market. The pharmaceutical industry uses moisture sensors to meet stringent quality standards for manufacturing and processing various products are expected to propel the North America and Europe moisture sensors market in the upcoming years.
On the basis of region, the moisture sensors market is segmented into North America and Europe. In 2019, the North America region dominates the moisture sensors market among the Europe region in terms of value.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 400 Million |
Projected Market Size in 2026 |
USD 550.00 Million |
CAGR Growth Rate |
4% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Hydronix, Ludwig & Co, SWR-Engineering, Sartorius AG, BERTHOLD TECHNOLOGIES GmbH & Company KG, Muentec Instruments, Liebherr-International AG, Ohaus Corporation, Thermo Fisher, Michell Instruments Ltd, AMETEK, General Electric Company, CEM Ltd, Sinar Technology, Gow-Mac Instrument Co, Hach, Precisa Gravimetrics AG, PCE Instruments, Torbal, Adam Equipment, Inc, and Arizona Instrument LLC, and Others |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the key players operating in the market include
Hydronix, Ludwig & Co, SWR-Engineering, Sartorius AG, BERTHOLD TECHNOLOGIES GmbH & Company KG, Muentec Instruments, Liebherr-International AG, Ohaus Corporation, Thermo Fisher, Michell Instruments Ltd, AMETEK, General Electric Company, CEM Ltd, Sinar Technology, Gow-Mac Instrument Co, Hach, Precisa Gravimetrics AG, PCE Instruments, Torbal, Adam Equipment, Inc, and Arizona Instrument LLC, among others. The key players focus on boosting their distribution network all over the globe in order to meet growing demand.
This report segments the North America and Europe moisture sensors market as follows:
By Type Analysis
- Halogen Moisture Sensor
- Infrared Moisture Sensor
- Microwave Moisture Sensor
By Application Analysis
- Vertical Analysis
- Food processing
- Pharmaceutical
- Environmental
- Chemical Industries
By Regional Analysis
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