Soil Testing Equipment - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Soil Testing Equipment Market is accounted for $2.97 billion in 2018 and is expected to reach $8.78 billion by 2027 growing at a CAGR of 12.8% during the forecast period. Need for good farm management program, high demand for faster and reliable test results and impact of soil pollution on food supply chain ecosystem are the major factors propelling the market growth. However, factors such as the adoption of advanced testing methods proportional to the price of sampling and heavy-duty on test kits are hampering the market growth.
Soil testing equipment offers essential information which set up the qualities of soil material and rock wished with the guide of stop use ventures alongside agrarian quarter, creation industry, and so forth. Soil evaluating contraption assists with choosing ripeness levels, findability contamination, supplement inadequacies and follow minerals.
Based on the end-user, the construction segment is conceivable to have a huge call for a development undertaking in nations which incorporate India has procured great estimated abroad direct speculations (FDI) for the improvement of the framework in the light of quick industrialization. By geography, Asia Pacific is going to have a lucrative growth during the forecast period as agricultural professionals in China are seeking modern practices of farming for sustainable development in the agricultural yield.
Some of the key players profiled in the Soil Testing Equipment Market include Agilent Technologies, Geotechnical Testing Equipment UK Ltd, Shambhavi Impex, Perkinelmer Inc., ELE International, Controls S.P.A, Merck Group, M & L Testing Equipment, Lamotte Company, S.W. Cole, Thermo Fisher Scientific, Alfa Testing Equipment, Eurofins Scientific, Eie Instruments Pvt. Ltd., Aimil Ltd., Martin Lishman Ltd, Gilson Company Inc., Sun Labtek Equipment (I) Pvt. Ltd, Matest, and Humboldt MFG. Co.
Type of Tests Covered:
• Residual Tests
• Chemical Tests
• Physical Tests
Sales Channels Covered:
• Manufacturer/Distributor/Service Provider
Degree of Automations Covered:
End Users Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country-level segments
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