DUBLIN--(BUSINESS WIRE)--The "Density Meter Market by Implementation Type (Process, Lab), Type (Vibrating, Nuclear, Ultrasonic, Microwave, Optical), Industry (Chemicals, Food & Beverages, Oil & Gas, Metals & Mining, Water & Wastewater), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The density meter market is estimated to be worth USD 855.0 million in 2018 and is estimated to reach USD 1,041.2 million by 2023, at a CAGR of 4.02% between 2018 and 2023. Oil & gas downstream segment and stringent regulations with regard to food quality and food safety are some of the key factors driving the density meter market growth.
Ultrasonic density/concentration meters are widely used in water and wastewater treatment, metals and mining, chemicals, and pulp and paper industries. As ultrasonic density meters are more accurate, they are preferred in various industries, and hence, the market for this type is expected to grow rapidly.
Consistency meters are widely used in sewage treatment plants. Consistency meters accurately measure the sludge density as the percentage of solids. Density meters are part of process control systems that regulate the water extraction for the final disposal of sludge. Stringent norms regarding the discharge of wastewater, especially for industrial wastewater, limited availability of drinkable water, and popularity of smart water management are expected to further fuel the demand for density meters.
The increasing industrialization in APAC is making the region one of the potential markets for density meters. The process automation industry is also expected to avail various opportunities in APAC. In the coming years, India is expected to provide more opportunities to the process automation industry because of its political and global reformation.
- Mettler Toledo
- Thermo Fisher Scientific
- Anton Paar
- Vega Grieshaber Kg
- Berthold Technologies
- Schmidt + Haensch
- Promtec Theisen
- A. Kruss Optronic
- Rudolph Research Analytical
- Bopp & Reuther
- Rototherm Group
- Integrated Sensing Systems (ISS)
- Kyoto Electronics
- Lemis Baltic
- Meidensha Corporation
- Dandong Dongfang Measurement & Control Technology
- Ronan Engineering
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Density Meter Market, By Implementation Type
7 Density Meter Market, By Type
8 Density Meter Market, By Industry
9 Density Meter Market, By Geography
10 Competitive Landscape
11 Company Profile
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