Global Soil Testing Equipment Market Is Anticipated To Reach A CAGR Of Over 6.94%During The Forecast Period
Zion Market Research has published a new report titled “Global Soil Testing Equipment Market — By End-User Industry (Agriculture, Construction, and Others), By Type of Tests (Physical, Residual, and Chemical), By Site (Lab and On-Site), By Degree of Automation (Automatic, Semi-Automatic, and Manual), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024–2032.” According to the report, the global Soil Testing Equipment Market was valued at USD 4.08 Billion in 2023 and is projected to hit USD 7.46 Billion by 2032, with a compound annual growth rate (CAGR) of 6.94% during the forecast period 2024–2032.
Browse the full “Global Soil Testing Equipment Market — By End-User Industry (Agriculture, Construction, and Others), By Type of Tests (Physical, Residual, and Chemical), By Site (Lab and On-Site), By Degree of Automation (Automatic, Semi-Automatic, and Manual), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024–2032” Report at https://www.zionmarketresearch.com/report/soil-testing-equipment-market
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Construction category is projected to dominate the global Soil Testing Equipment market during the forecast period
In countries like India, the construction industry is propelling owing to the increasing substantial foreign direct investments (FDI) for the advancement of infrastructure to cope with the rapid industrialization. In addition, the growing residential and commercial sectors in regions such as China will further supplement the Soil Testing Equipment market progression. The high global infrastructure expenditure is predicted to fuel the industries including soil testing equipment. Moreover, technological advancement and rising awareness regarding the advantages of soil testing is projected to fuel the demand for essential equipment.
North America and Asia Pacific are estimated to witness rapid growth during the forecast period
North America is anticipated to grow at a faster rate from during the forecast period. The growing investments for environmental protection, the growing adoption of organic farming, and the existence of major players in the US are the key reasons behind boosting the Soil Testing Equipment market in North America.
Asia Pacific region is estimated to grow at the second-fastest CAGR in the global Soil Testing Equipment market. The growth in this region is basically due to the surging profitable opportunities, agricultural professionals adopting modern farming practices for sustainable development in the agricultural yield. These factors are likely to augment Soil Testing Equipment market expansion. In addition, the increasing government initiatives in China promoting precision farming research and several other projects are expected to fuel the growth of the global Soil Testing Equipment market.
Key Market Players
Some of the major players of the global Soil Testing Equipment market include Geotechnical Testing Equipment UK Ltd., Thermo Fisher Scientific Inc., Agilent Technologies, Merck Group, Controls S.p.A, LaMotte Company, PerkinElmer Inc., Ele International, M&L Testing Equipments, Martin Lishman Ltd., S.W. Cole, Sun Labtek Equipments (I) Pvt. Ltd., Gilson Company Inc., Humboldt Mfg. Co., Eurofins Scientific, Alfa Testing Equipment, Mates, EIE Instruments Pvt. Ltd., and Shambhavi Impex, among others.
The report on global Soil Testing Equipment market is segmented into:
Global Soil Testing Equipment Market: By Type of Tests Segmentation Analysis
- Physical
- Shear Strength Equipment
- Leachability Equipment
- Plasticity Equipment
- Permeability Equipment
- Residual
- GC-MS
- ICP-MS
- Chemical
- pH Meters
- Salinity Testing Equipment
- Test Kits & Reagents
Global Soil Testing Equipment Market: By Site Segmentation Analysis
- Laboratory
- On-Site
Global Soil Testing Equipment Market: By Degree of Automation Segmentation Analysis
- Manual
- Semi-Automatic
- Automatic
Global Soil Testing Equipment Market: By End-User Segmentation Analysis
- Agriculture
- Construction
- Others
Global Soil Testing Equipment Market: By Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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