Soil Testing Equipment Market to Reach USD 11.44 Billion by
From GlobeNewswire: 2025-06-11 10:00:00
The Soil Testing Equipment Market was valued at USD 5.49 billion in 2024, expected to reach USD 11.44 billion by 2032 with a CAGR of 9.69%. Rising awareness about fertilizer optimization and environmental compliance drives market growth. The U.S. market size was USD 1.12 billion in 2024, projected to reach USD 2.53 billion by 2032.
Key players in the market include Humboldt Mfg. Co., Agilent Technologies, and Merck Group. The market report scope includes market size, CAGR, historical data, and key drivers such as smart agricultural practices and infrastructure development projects.
Chemical testing, semi-automation, and laboratory use dominate the Soil Testing Equipment Market in agriculture. The chemical segment held 43% market share in 2024, while semi-automatic equipment captured 37% revenue share. Laboratories were the leading site for soil testing equipment, supporting various tests for soil fertility and composition.
In 2024, Asia Pacific led the Soil Testing Equipment Market with 34.17% of global revenue, driven by precision agriculture in densely populated countries. North America is projected to witness the fastest growth with a CAGR of 10% from 2025 to 2032, focusing on sustainable agricultural practices and environmental compliance.
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