Tue. Dec 7th, 2021

Growing requirement for efficient farm management program is expected to drive the growth of India soil testing equipment market

According to TechSci Research report, India Soil Testing Equipment Market By End Use Industry (Agriculture, Construction, Others), By Type of Tests (Physical Test, Chemical Test, Residual Tests), By Degree of Automation (Manual, Automatic, Semi- Automatic), By Site (Laboratory Vs On- Site), By Region, Competition, Forecast & Opportunities, FY2026”, India soil testing equipment market is expected to witness impressive growth during the forecast period. Rise in number of constructional activities in the country is one of the major factors accounting for the growth of India soil testing equipment market. Moreover, need for faster & reliable test results is expected to bode well for the growth of India soil testing equipment market through the forecast period. In addition to this, rising urban population also triggers the development of smart cities, which is projected to positively influence the growth of India soil testing equipment market in the years to come. Also, growing popularity of automatic soil testing equipment, is making headway for the growth of India soil testing equipment market over the coming years. Along with this, market players are increasingly investing on developing new products and expanding product lines, thereby anticipated to positively contribute to the market growth during the next five years. However, there are some factors that might act as major impediments to the growth of India soil testing equipment market through FY2026 including high initial cost of soil testing equipment and inability to obtain soil characteristics quickly.

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India soil testing equipment market can be segmented based on end use industry, type of tests, degree of automation, site, company, and region. Based on type of tests, the market can be categorized into physical test, chemical test, and residual tests. Out of these, the residual tests segment dominated the market until FY2019 and is expected to maintain its dominance during the forecast period as well. This can be attributed to increasing awareness among consumers regarding the presence of chemical residues, such as pesticides and fertilizers in fresh fruits & vegetables. Moreover, the physical test segment is anticipated to register high growth during the next 5 years. Physical tests include testing the soil for shear strength, leachability, plasticity, and porosity. Rapid urbanization is further anticipated to drive the growth for physical tests.

Agilent Technologies India Pvt. Ltd., Thermo Fisher Scientific India Private Limited, Merck India, Perkinelmer India Pvt Ltd., Controls India Pvt Ltd., Geo Build Engineering India Pvt Ltd, Geotech Services Pvt Ltd, Cengrs Geotechnica Pvt. Ltd., Gilson India Pvt Ltd., Sun Labtek Equipment India Pvt. Ltd, are among others are the leading players operating in India soil testing equipment market. The leading players are adopting several growth strategies to enhance the market scenario of soil testing equipment. Other competitive strategies include new product launches; mergers & acquisitions; agreements, partnerships, and collaborations; and expansions to diverse their product portfolio in order to strengthen their market position.

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“India soil testing equipment market to expected to grow at a high pace during the next five years on account of rising governmental efforts to promote precision farming research and funded several projects. Furthermore, presence of key market players in the region is further anticipated to boost the market growth for soil testing equipment over the coming years. In addition to this, substantial growth in organic farming is further estimated to aid the market growth in the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

India Soil Testing Equipment Market By End Use Industry (Agriculture, Construction, Others), By Type of Tests (Physical Test, Chemical Test, Residual Tests), By Degree of Automation (Manual, Automatic, Semi- Automatic), By Site (Laboratory Vs On- Site), By Region, Competition, Forecast & Opportunities, FY2026 has evaluated the future growth potential of India soil testing equipment market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India soil testing equipment market

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