Moisture Meter Market Size

Moisture Meter Market size is expected to reach USD 3 Billion by the end of 2036, growing at a CAGR of 11% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of moisture meter was USD 1.2 Billion. The market growth is owing to factors like moisture’s harmful effects on products such as electronics appliances, metal products, food, and many others which drives a demand for moisture detection solutions. Excess moisture leads to structural issues, mold growth, and product degradation. Sectors like food and pharmaceuticals prioritize maintaining optimal moisture levels. Infrastructure maintenance benefits from early moisture detection to prevent metal corrosion and mold build up. For instance, mold spoilage losses in Western Europe cost more than 210 USD per year in the bread industry, and food-related to fungal spoilage in Australia has been reported to be more than 10 million USD per year. To prevent such losses and to maintain strict regulations moisture meter becomes a essential tool.

In addition to these, other factors that are believed to fuel the market growth of moisture meter market include incresing awareness of emerging stringent reguations and quality standards mandated by regulatory bodies and industry association. The trend is particularly evident in sectors such as food and beverages, pharmacuticals and electronics where sringent precision and rigrous quality control measures and imperative.