Tensiometer Market is reach USD 165.91 Million by 2025 with the CAGR of 7.5% | Market Segment, Drivers, Trends, Forecast to 2025
Increasing the government initiatives for research & development in the pharmaceutical, food and energy production industry and surge in the usage of tensiometer in the agriculture, energy, oil & gas sectors are some important factor driving the growth of Tensiometer market.
Tensiometer is a device which measures soil moisture. This device has significant usage in determining the water potential to measure the tension or suction of plants’ roots posses in the soil. This device is made up of glass or plastic tube with a porous ceramic cup which is filled with water. The device is buried in the soil and can be pulled by hand pump to remove partial vacuum. When the water can be driven out of the soil by plants and evaporation and hence the vacuum inside the tube increases which shows the reading in the tensiometer. Thus the water pressure in the tensiometer is determined to be in equilibrium in the soil, the tensiometer gauge shows reading in the metric potential of the soil. Tensiometer are being used for the irrigation scheduling determine when to water is coming from the soil which ultimately helps the farmer to find the water level in the well or any other resources in the farm. In conjunction with this, many soils Tensiometer are also be used in the scientific study of soils and plants for research and development of new plants. In addition to this tensiometer are also used to solve the problems of researchers and companies in the medicine, pharmaceutical, manufacturing, and agriculture field around the world.
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The global Tensiometer market is segmented on the basis product type, application, region and country level. Based on product type the global tensiometer market is segmented into force tensiometer, optical tensiometer, volumetric tensiometer, bubble pressure tensiometer, and others. The optical tensiometer segment has highest share attributed by the pharmaceutical and biopharmaceutical sector. Based on application the global tensiometer market is segmented by agriculture, Energy, chemicals, Oil & Gas, Pharmaceutical & biopharmaceutical, Research Laboratory, food & beverages and others.
The regions covered in global tensiometer market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, global tensiometer market sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global tensiometer market reports cover prominent players like,
Data Physics Instruments GmbH
Apex Instruments Co. Pvt. Ltd
Kyowa Interface Science Co. Ltd
LAUDA Scientific GmbH
KINO Industry Co. Ltd
Global Tensiometer Market Dynamics –
The key factor for growth of global tensiometer market is increasing the government initiatives for research & development in the pharmaceutical, food and energy production industry and surge in the usage of tensiometer in the agriculture for irrigation scheduling, energy, oil & gas sectors. According to energy policy organization onshore oil production is expected to grow at faster rate to around 22 million barrels per day requirement by 2035 and 44% of the world’s primary energy supply through oil and gas by 2050. This rise in the oil and gas requirement will generate huge demand for the tensiometer to evaluate chemical demulsifiers and measure interfacial tension and interfacial elasticity of the soil. In addition to this the major driving factor for the growth of tensiometer market is its exponential use in the R&D of pharmaceutical industry as well as in the other manufacturing industries. According to the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA), the pharmaceutical research based industry has expenditure of over USD 149.8 billion on R&D per year including the tensiometer used in the pharmaceutical sector. However the lack of skilled professional with technical constraints as well as hesitation to switch traditional method of measurement hampers the growth for global tensiometer market. Moreover addition to this rising focus on technological advancement using latest Radio-frequency identification (RFID) technique, touch control using advanced softwares and polymer tensiometer technology for research in pharmaceutical, manufacturing and many other industries with raising the government involvement may create huge opportunity to fuel the global tensiometer market during the forecast period.
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Tensiometer Market Regional Analysis –
The Asia Pacific is dominating for the growth of the tensiometer market due to rapidly increasing manufacturing companies, chemical, oil & gas sector as well as surge in FDI investments in the countries like China, India and Japan in this region. According to the India Brand Equity Foundation (IBEF), Indian oil refining capacity in 2019 was estimated to around 249.4 million tones with 35% of private companies investment for oil refinery, stands the second largest refiner in Asia pacific region followed by China. This increase in the oil refining capacity requires the huge demand for the tensiometer for evaluation and measurement of moisture content in the soil while refining.
North America is expected to grow at faster pace for the tensiometer market with due to presence of biopharmaceutical, and pharmaceutical companies with research laboratories as well as government initiatives for the tensiometer followed by Europe. According to IFPMA, the United States pharmaceutical expenditure on the research and development was valued USD 461.7 billion in 2016 and is expected to reach USD 645-675 billion by 2021. This increase in the pharmaceutical research will create huge demand for tensiometer in the research laboratory to develop the extensive products.
Europe is the second-largest region for dominating the growth of tensiometer due to presence of advanced technology with surge in government initiatives for the chemical industry. According to European Chemical Industry Council Organization (CEFIC), European region ranks second in the world for the chemical production and sale with 16.9%, and total largest global sale estimated to around Euro 3,347 billion followed by China with 35.8% in 2018. This chemical industry has huge requirement of the tensiometer for testing various chemicals and for many other purposes.
Key Benefits for Tensiometer Market Reports –
Global tensiometer market report covers in depth historical and forecast analysis.
Global tensiometer Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global tensiometer market report helps to identify opportunities in market place.
Global tensiometer market report covers extensive analysis of emerging trends and competitive landscape.
Tensiometer Market Segmentation –
by Product Type– Force tensiometer, Optical tensiometer, Volumetric tensiometer, Bubble pressure tensiometer, Others
by Application Type– Agriculture, Energy, Chemicals, Oil & Gas, Pharmaceutical & biopharmaceutical, Research Laboratory, food & beverages, Others
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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