Soil Testing Equipment market PESTEL and Factor Analysis By 2033

The global Soil Testing Equipment market was valued at US$ 827.3 Mn in 2018 and is projected to increase significantly at a CAGR of 4.3% from 2019 to 2028.
NEW CITY, N.Y. - Jan. 23, 2023 - PRLog -- A type of mechanical device used to test soil for its qualities in construction, agriculture, and other geological applications is called soil testing equipment. Soil testing equipment is used to determine the pH value and nutrient contents of the soil. In agricultural applications, soil testing equipment is used to determine the fertility of the soil and how much lime or fertilizer crops require. The soil testing equipment is used to assess the soil's response to temperature, moisture, stress, and other factors. The high demand for soil testing equipment in the construction and agriculture sectors is expected to drive growth in the market.

The market is forecast to grow in revenue due to the rapid growth in the global population and the subsequent rise in food demand. Another key factor that will contribute to the market's revenue growth is the rising demand for soil testing equipment in construction and other building sectors.

The soil testing equipment gives critical information about the characteristics of soil and rocks required by the end-use industries. Soil testing equipment is used in agriculture to analyze soil for nutrients, composition, pH balance, moisture, and other requirements. Testing equipment can also be used to screen for potentially toxic substances and assess soil fertility. This equipment is used in the construction industry to perform a variety of soil tests, including gravity tests, moisture testing, and dry density testing. This information can be crucial for civil engineers, as it will help them select the right foundation system and design parameters for roads and other infrastructure. The majority of environmental soil testing equipment is used to assess water quality. It is becoming increasingly important to test soil for fertility, nutrient content, and crop yield. Farmers have been able to develop an on-site strategy that will increase yield and decrease costs. This is expected to encourage more adoption of soil testing equipment in agriculture.

Key Market Segments

  • Laboratory testing equipment
  • Onsite testing equipment

  • Agriculture
  • Construction
  • Institutional

Key Market Players included in the report:
  • EIE Instruments
  • Controls S.p.A.
  • Humboldt Mfg. Co.
  • Gilson Company Inc.
  • Aimil Ltd.
  • SGS SA
  • Eurofins Scientific
  • ELE International
  • ALFA | Testing Equipment
  • Matest S.p.A.
  • LaMotte Company
  • R J Hill Laboratories Ltd
  • Intertek Group plc
  • Geotechnical Testing Equipment
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