As per industry estimates, the Wood moisture tester market is projected to record CAGR between 5.5 to 6% during the period 2021-2031. The healthy rate of market growth is attributed to burgeoning demand and production rate woodworking products as utilized for building & construction as well as furniture items where structural integrity of highest degree is desired by the end users.
The device is used to determine the percentage of water in a given wood sample. The percentage of water can be used to decide if the material is ready for use. To ensure a sturdy material meeting the required standards, the device has proved to be great significance for wood products manufacturers.
What is Driving Demand for the Device?
The growing demand for moisture tester for wood products, building inspection, and flooring. In the wood industry, moisture remains a key concern as high moisture content in wood can harm the durability and quality of wood products. Wood moisture tester provides nondestructive analysis of wood sample.
With wood being a preferred construction material in building panels, flooring and other structural parts at interior and exterior sites, the device utilization rate is expected to gain a notable traction during the forecast period. Also, with increasing demand for the device as wood and paper samples in pulp paper products is expected to support the market growth to a considerable extent.
Moisture tester are used to measure the moisture content of paper, textiles, wood, concrete, and other building materials. These multifunction moisture tester for wood also determines the ambient relative humidity and temperature.
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Overview of Key Trends in Wood Moisture Tester Market
Leading manufacturers of the device are focusing on introducing technologically upgraded wood moisture tester such as multifunctional display functionalities for ease of moisture analysis of the wood. Vendors of wood moisture tester are focusing on launching new wood moisture tester for moisture measurement applications such as restoration, moisture detection, lumber (wood) testing, and building inspections.
In May 2019, FLIR Systems (Extech Instruments), one of the key vendors of the device, launched a wireless wood moisture tester known as MO55W. It is an improved pin and pinless moisture tester with wireless data streaming for data logging and remote monitoring.
In May 2019, METTLER TOLEDO, one of the key manufacturers of the device has introduced new wood moisture tester with integrated software functionality known as MethodWizard.
Manufacturers are also designing new prototypes with Bluetooth mode for wireless connection to Android and iOS instruments. These progress by key manufacturers of moisture tester are fuelling the growth of the wood moisture tester market during the forecast period at a substantial CAGR.
South Asia Market Demand Potential
South East Asia nations consisting of India, Malaysia, and New Zealand are expected to be regional markets of promiscuous growth in the upcoming years on the backdrop of establishment production hub of engineered wood products, timber products whose consumption rates will be at healthy levels in domestic and export markets. Ensuring of ISO Certified production and quality management initiatives is anticipated to record robust sales volume of the device in the mentioned regional markets.
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North America Market Growth Outlook
U.S. and Canada, are expected to witness prominent growth during the forecast period owing to the rising automation technology in the construction industry for increasing durability of wood and other flooring material. These parameters of the wood moisture tester market are expected to witness significant growth in terms of value during the forecast period globally.
With wood preferred as a primary building material for residential household units in both the countries, the demand from new vs. retrofit installations will ensure hefty procurement rate of wood moisture tester by the end users.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Global Wood Moisture Tester Market: Segmentation
By Technology Type:
Digital
Analog
By Mobility Type:
Portable
Benchtop
By Probe Type:
Pin
Pinless
Combination
By End Use Industry:
Construction
Furntiture
Paper & pulp
Other
By Region:
North America
US & Canada
Latin America
Brazil, Mexico, Others
Europe
Germany, Italy, France, U.K., Spain, BENELUX, Russia
