Increased need for farm management promotes the Global Soil Testing Equipment Market
Market overview:
The global Soil Testing Equipment Market was at 3.3 billion US dollars in 2020 and is determined to reach a valuation of 6.2 billion US dollars by 2025 at a CAGR of 10.8% during the envisioned period.

Recent developments:
In September 2019, Ele international introduced is new software that can perform soil testing, designed particularly for geotechnical laboratories. It will improve the quality and productivity of soil tests such as permeability, triaxial, consolidation, residual.
In August 2018, Agilent company acquired Young In Scientific Co Ltd to strengthen analytical capabilities in the environmental field.

Market Drivers and Restrains:
Factors such as impact of soil pollution on food supply chain ecosystem, demand for faster and reliable test results are some of the driving factors of Soil Testing Equipment market. Increasing need for proper farm management practices, and industrialization are also driving the growth of the market for Soil Testing Equipment. However, factors such as adoption of advanced testing methods proportional to the price of sampling are some of the restraints limiting the growth of the market of Soil Testing Equipment.

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Report is segmented as:
The Soil Testing Equipment market is segmented according to end user, type of test, site and degree of automation.

By end user, the Soil Testing Equipment market is segmented into agriculture, construction and others.

By type of test, the market is segmented into physical, residual and chemical.

By site, the market is bifurcate into laboratory and on-site.

By degree of automation, the market for soil testing equipment is separated into manual, semi-automatic and automatic.

Geographical Segmentation:
The global Soil Testing Equipment market was dominated by North America region owing to the increasing funds for environmental protection and growth in organic farming in this area. The Asia Pacific holds the second largest share of the market because of the increasing efforts from government to promote farming in different nations.

Impact of COVID-19 on Soil Testing Equipment Market
The coronavirus pandemic has affected the global Soil Testing Equipment market. The virus has forced many companies to halt operations which in turn resulted huge losses. As per the analysis, the Soil Testing Equipment market is expected to witness an increase in the revenue due to the growing need for proper farm management practices and increasing demand for such testing in all the regions.

Key market players:
Major players of Soil Testing Equipment market includes PerkinElmer Inc. (US), Controls S.p.A (Italy), LaMotte Company (US), Agilent Technologies (US), Thermo Fisher Scientific Inc. (US), Merck Group (Germany), Geotechnical Testing Equipment UK Ltd (UK), Sun Labtek Equipments (I) Pvt. Ltd (India), Martin Lishman Ltd (UK), S.W. Cole (UK), Alfa Testing Equipment (US), Matest (Italy), M&L Testing Equipments (Canada), Ele International (UK), Gilson Company Inc. (US), Humboldt Mfg. Co. (US), EIE Instruments Pvt. Ltd (India), Eurofins Scientific (Luxemburg) and Shambhavi Impex (India).

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Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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