The global Soil Testing Equipment Market, segmented by Type of Test (Physical, Residual, Chemical), End User (Agriculture, Construction, Others), Degree of Automation (Manual, Semi-automatic, Automatic), and Based on Site (Laboratory, On-site), was valued at approximately USD 3.3 billion in 2023. It is expected to reach a value of USD 6.2 billion by 2030, with an anticipated CAGR of 10.8% during the forecast period of 2025–2030.
The growth of this market is driven by various factors, including the need for improved farm management methods, industrialization, agricultural intensification, and the demand for faster and more accurate test results. The rapid adoption of precision farming techniques maximizes crop yield and profitability by testing soil fertility, leachability, and nutrient movement. This enables farmers to divide fields into zones, developing site-specific strategies to optimize yields and reduce input costs. These factors have significantly contributed to the development of the global soil testing equipment market.
However, demand for soil testing equipment experienced a decline in 2020 due to government lockdowns and reduced demand from the construction and agricultural sectors. The COVID-19 pandemic led to shutdowns in the production of various soil testing equipment items, especially due to prolonged lockdowns in major global countries. This slowdown in demand for soil testing equipment is expected to continue throughout 2020.
Major manufacturing countries such as the U.S., Germany, Italy, the United Kingdom, and China, severely affected by the spread of coronavirus, have previously experienced significant demand for equipment and machinery, which has now decreased.
The future impact of the lockdown remains uncertain, and the financial recovery of firms depends on their cash reserves. Equipment and machinery companies can afford a complete lockdown for only a few months, forcing them to adjust their investment plans. Manufacturers must prioritize the safety of their staff, facilities, and supply chains to address urgent challenges and develop new operational strategies as COVID-19 cases decrease.
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