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The soil testing equipment market size is estimated to grow at a CAGR of 7.71% between 2022 and 2027. The market size is forecast to increase by USD 1,592.03 million. The growth of the market depends on several factors such as increasing demand for precision agriculture, environmental concerns and sustainable agriculture, and government regulations and incentives.
Global Market Forecast 2023-2027
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Driver- Increasing demand for precision agriculture
Farmers and agronomists use soil testing equipment to make informed decisions about planting, watering, fertilizing, and other areas of crop management. Precision agriculture seeks to use inputs such as fertilizers, herbicides, and water precisely. Soil testing equipment identifies changes in soil quality within a field and allows farmers to apply different rates of input in response to these variations. This method maximizes resource utilization while minimizing waste.
Besides, soil test equipment has also changed as improved sensor technology, such as ground sensors, and remote sensing technology, such as drones and satellite imagery, have been integrated. Many of the new devices are easy to use and do not require any technical knowledge. Due to this accessibility, precision agricultural practices such as soil testing are becoming more widely used by farmers from various backgrounds. Thus, rising demand for precision agriculture is expected to drive the growth of the global soil testing equipment market during the forecast period.
Portable soil testing devices have several advantages that meet the changing needs of farmers, researchers, and land managers, as highlighted by Environmental Analysis Instruments. Using a portable soil tester saves money by eliminating the need to pay a lab to analyze soil samples. Many portable soil testers come with easy-to-use software and interfaces, so they can be used by people with varying levels of technical skill, reflecting Soil Quality Assessment Tools. Farmers can now collect accurate data without undergoing lengthy training sessions, aligning with Agricultural Testing Equipment.
Furthermore, continuous monitoring of soil conditions is often possible with handheld devices, providing dynamic insight into changes in soil conditions over a period of time, as observed in Construction Industry Equipment. Some portable soil testers offer suggestions tailored to the characteristics of the site under investigation. Therefore, the rising popularity of portable soil testing will increase the demand for soil testing equipment, which in turn will drive the growth of the global soil testing equipment market during the forecast period.
Soil testing equipment may not be widely used, especially in small-scale or resource-constrained farms, due to high initial costs, as observed in Soil Moisture Sensors. Despite the potential for increased crop yields and long-term cost savings, small-scale farmers often lack the funds to invest in expensive soil testing equipment. As such, it may use conventional or inaccurate soil test techniques, or may not conduct soil tests, reflecting Soil Compaction Testing Equipment.
In addition, operating costs for farmers and farm management vary and include input costs such as seeds and fertilizers, labor costs, and equipment maintenance, aligning with Soil Contamination Testing Equipment. Allocating funds for soil test equipment can be difficult when there are other pressing financial needs, showcasing Soil Chemistry Analyzers. Therefore, the high initial cost of soil testing equipment will impede the growth of the global soil testing equipment market during the forecast period.
The physical segment will account for a major share of the market's growth during the forecast period, as highlighted in market research and growth. The physical properties of soils have a significant impact on environmental research, geotechnical engineering, construction projects, and more, aligning with market growth and forecasting. These instruments assess the distribution of soil particles and the presence of aggregates that affect water flow, root penetration, and complete soil stability, reflecting Market forecasting. The instrument measures soil pores or cavities, which affects the amount of water, air, and nutrients that can move through the soil, showcasing market growth and trends.
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The physical segment was valued at USD 1,249.62 million in 2017 and continued to grow until 2021, as observed in market analysis and report. Many companies and industries rely on physical testing. For example, engineers use soil physics data to build slopes and foundations, and farmers use soil physics data to optimize irrigation and fertilizer management, aligning with market trends and analysis. Environmental researchers use information about physical properties to assess soil erosion and water flow, reflecting market growth analysis. The need for precise and accurate analysis of physical properties is driving the industry to develop complex and accurate soil testing equipment, showcasing market trends.
Therefore, such factors will drive the growth of the global market in the physical testing segment during the forecast period.
Based on end-user, the market has been segmented into agriculture and construction. The agriculture?segment will account for the largest share of this segment.?Farmers and agro professionals use soil testing equipment to enhance productivity and sustainability and make informed decisions about crop selection, fertilizer supplementation, and soil management. This device measures the amount of organic matter in soil which affects soil structure, water-holding capacity, and nutrient retention. A significant component of precision agriculture is soil testing, which enables farmers to manage their fields through site-specific field management and deployment optimization. Thus, such factors will drive the growth of the market during the forecast period.
The market offers a diverse range of tools for geotechnical testing, environmental analysis, and soil quality assessment across various industries. From agricultural testing to the construction industry, laboratory testing instruments and field testing kits play a crucial role in ensuring optimal soil conditions. Soil sampling devices, soil pH meters, and soil nutrient analysis tools aid in precise agricultural management practices. Meanwhile, soil texture analyzers and soil physical property analyzers provide valuable insights for construction projects. With growing concerns about environmental impact, soil erosion measurement devices and soil health monitoring devices become indispensable tools for sustainable land management. As industries prioritize sustainability and efficiency, the Soil Testing Equipment Market continues to innovate, providing essential tools for informed decision-making and resource management.
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North America is estimated to contribute 35% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape during the forecast period. This market in North America is significant due to the region's thriving agricultural industry, increasing focus on eco-friendly farming practices, and increasing public awareness of the value of healthy soil. The North American advanced agriculture sector uses soil testing to condition soil health and maximize crop yields.
Furthermore, The use of soil testing equipment is essential in the American construction industry. Standard Penetration Test (SPT) equipment evaluates soil resistance during penetration and provides details of layer structure and soil quality. Cone drag and sleeve friction measurements during penetration by a cone penetration tester (CPT) provide information on soil strength and stratigraphy. Thus, such factors are expected to drive the growth of the market in this region during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
Agilent Technologies Inc., ALFA Testing Equipment, EIE instruments, ELE International, Eurofins Scientific SE, Geotechnical Testing Equipment UK Ltd., Gilson Co. Inc., Hanna Instruments Inc., Humboldt Mfg. Co., Hydraulic and Engineering Instruments, LaMotte Co., Matest Spa, Merck KGaA, Naugra Export, Nova Ventures Group Corp., PerkinElmer Inc., Plasti Surge Industries Pvt. Ltd., S.W.COLE Engineering Inc., and Thermo Fisher Scientific Inc.
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Soil Testing Equipment Market Scope |
|
Report Coverage |
Details |
Page number |
152 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.71% |
Market growth 2023-2027 |
USD 1,592.03 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
7.31 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 35% |
Key countries |
US, China, Australia, India, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Agilent Technologies Inc., ALFA Testing Equipment, EIE instruments, ELE International, Eurofins Scientific SE, Geotechnical Testing Equipment UK Ltd., Gilson Co. Inc., Hanna Instruments Inc., Humboldt Mfg. Co., Hydraulic and Engineering Instruments, LaMotte Co., Matest Spa, Merck KGaA, Naugra Export, Nova Ventures Group Corp., PerkinElmer Inc., Plasti Surge Industries Pvt. Ltd., S.W.COLE Engineering Inc., Sun LabTek Equipments I Pvt. Ltd., and Thermo Fisher Scientific Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Test
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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