With the emergence and long-term Impact of COVID-19, Global Density Meter Market to reach USD 1.63 Billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Density Meter Market points towards a potential rise to USD 1.63 Billion by 2030. A density metre, referred to as a densitometer or specific gravity metre, is a scientific instrument used to determine the density or specific gravity of a liquid or solid medium. The density of a substance is its mass per unit volume, and it is commonly given in gram per cubic centimetre (g/cm3) or kilograms per litre (kg/L).
The Density Meter market is expanding because of factors such as increasing industrialization and growing wastewater treatment. Density metres are widely used in a variety of industries, including pharmaceuticals, petroleum, chemical manufacturing, food and beverage processing, and research laboratories. They measure the density of a substance to estimate its concentration, purity, or quality. Its importance has progressively increased during the forecast period 2023-2030.
Geographically, the global Density Meter market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in 2022 owing to the increasing demand for hydrometers in the oil and food markets. According to Statista, North American water and wastewater treatment accounts by 6.5% year on year to USD 109.5 billion in 2021. In the same year, it accounted for nearly 40% of the worldwide water and wastewater treatment market. Furthermore, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising demand for product related to wastewater treatment in the market space.
The global Density Meter market is highly competitive owing to the presence of several key players such as Anton Paar GmbH Emerson Electric Co Koehler Instrument Company Inc Berthold Technologies GmbH & Co. KG Mettler Toledo Schmidt + Haensch GmbH & Co Red Meters VWR International, LLC Meidensha Corporation Thermo Fisher Scientific Inc, and others.
For further analysis on this or to request a sample copy of this report, please click the link mentioned below:
Key findings of the study suggest:
- Global Density Meter Market is anticipated to grow with a healthy growth rate of more than 1.63% over the forecast period 2023-2030.
- In the Type segment, Modules emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to the increasing demand for hydrometers in the oil and food markets.
- Asia Pacific is expected to grow at higher rate followed by Europe during 2023-2030.
Bizwit Research & Consulting has considered following segments for the study:
By Type:
- Benchtop
- Modules
- Portables
By Application
- Coriolis
- Nuclear
- Microwave
- Ultrasonic
By End User
- Water & Wastewater
- Chemicals
- Food & Beverages
- Oil & Gas
- Others
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
To get a sample of this report or to purchase a copy of the study, you can directly contact us at: sales@bizwitresearch.com
About Us
Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
Contact US
Global Business Development
Phone: +1 209 498-3066
Email: Sales@bizwitresearch.com
Website: www.bizwitresearch.com
