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Soil Testing Equipment Market Share

Report ID: GMI7835
Published Date: Jan 2024
Report Format: PDF

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Soil Testing Equipment Market Share

Agilent Technologies, Thermo Fisher Scientific, and Eurofins Scientific hold a majority share of over 15% in the market. The key market players are poised for dominance through strategic initiatives and technological advancements. Agilent Technologies focuses on continuous innovation in soil testing equipment. The company invests in research and development to introduce advanced technologies and features that address the evolving needs of the market. Thermo Fisher Scientific employs a strategic approach of acquisitions and mergers to expand its portfolio in the soil testing equipment industry. Acquiring companies with complementary technologies or market presence allows Thermo Fisher to offer a broader range of solutions and strengthen its position.

Eurofins adopts a strategy of offering integrated testing services beyond soil testing alone. By providing a comprehensive suite of environmental testing services, including water and air quality analysis, Eurofins caters to clients seeking holistic solutions for environmental monitoring and compliance.

Soil Testing Equipment Market Companies

Major players operating in the soil testing equipment industry are:

Alfa Testing Equipment
Agilent Technologies
EIE Instruments Pvt. Ltd.
Ele International
Eurofins Scientific
Geotechnical Testing Equipment UK Ltd.
Gilson Company Inc.
Humboldt Mfg. Co.
LaMotte Company, Inc.
Thermo Fisher Scientific

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for soil testing equipment was valued at USD 4.1 billion in 2023 and is estimated to register a CAGR of over 7% between 2023 and 2032, driven by the need for precise soil analysis.

The residual segment held a market share of 35% in 2023 and is expected to grow significantly through 2032, owing to its role in ensuring soil quality and environmental safety.

Asia Pacific market for soil testing equipment had a revenue share of over 37% in 2023 and is poised to expand steadily till 2032, driven by an increased focus on precision farming and stringent environmental regulations.

Alfa Testing Equipment, Agilent Technologies, EIE Instruments Pvt. Ltd., Ele International, Eurofins Scientific, Geotechnical Testing Equipment UK Ltd., Gilson Company Inc., Humboldt Mfg. Co., LaMotte Company, Inc., Thermo Fisher Scientific are major industry contenders.