Overview:

Moisture meters are usually used to measure/monitor the water percentage in any substance. They help is getting the exact condition of the material that the person is working on without damaging the surface. The devices are equipped with transducers sensors technology that aid in detecting the energy change.

Market Dynamics:

Flourishing construction sector across the globe, wide applicability of woods in construction of residential and commercial properties is resulting in rising demand for wood moisture meter these are major factors expected to fuel growth of the global wood moisture market. Wood tends to be a better solution for construction due to its benefits such as low heat conductivity, small bulk density, relatively high strength, etc. Construction material such as wood sometimes has relatively higher moisture that may cause crack; swell or shrinkage. Thus, such factors are leading to increased demand for wood moisture meters globally.

In addition, rapid technological advancements in sensor technology, coupled with innovative product offerings by major players that are reliable and provide accurate measurement this is another important factor expected to boost the growth of target market.

Key Trends:

Increasing strategic merger and acquisition activities among major players in order to increase the business presence is a key trend observed in the target market. In 2018, Wagner Meters a global leader in moisture measurement solutions for wood, concrete, and building materials introduced Orion wood moisture meter that are specifically designed for professional wood flooring installers/inspectors, quality control managers, and serious woodworkers. This is expected to help the company enhance its product portfolio.

Regional Analysis:

For detailed understanding of market dynamics, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the major revenue share in 2018, owing to rising construction and reconstruction activities. In addition, presence of large number of players operating in the country and high investment R&D activities for product development are other factors expected to further support the growth of target market in the region.

Scope of the Report:

Detailed Segmentation:

Global Wood Moisture Meter Market, By Product Type:

• Ріn Меtеr
• Ріn-lеѕѕ Меtеr

Global Wood Moisture Meter Market, By Application:

• Flооrіng
• Wооdwоrkіng
• Іnduѕtrіаl & Міll

Key Players Covered:

Key players operating in the market includes, FLІR Ѕуѕtеmѕ Іnс., ЅТІНL Grоuр, Lіgnоmаt UЅА Ltd., Ѕсаnntrоnіk Мugrаuеr GmbН, Rуоbі Lіmіtеd, Саlсulаtеd Іnduѕtrіеѕ Іnс., Gеnеrаl Тооlѕ & Іnѕtrumеntѕ LLС, РСЕ Ноldіng GmbН, Wаgnеr Меtеrѕ, and Dеlmhоrѕt Іnѕtrumеnt Со.

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global Wood Moisture Meter Market by product type, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global wood moisture meter market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.