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Density Meter - Global Market Trajectory & Analytics

  • ID: 4804828
  • Report
  • April 2021
  • Region: Global
  • 242 pages
  • Global Industry Analysts, Inc
Global Density Meter Market to Reach $1.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Density Meter estimated at US$862.8 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at a CAGR of 3.8% over the period 2020-2027. Process, one of the segments analyzed in the report, is projected to record 3.9% CAGR and reach US$750.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Lab segment is readjusted to a revised 3.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $253.9 Million, While China is Forecast to Grow at 3.6% CAGR

The Density Meter market in the U.S. is estimated at US$253.9 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$199.1 Million by the year 2027 trailing a CAGR of 3.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 3.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Select Competitors (Total 44 Featured):
  • A.KRuSS Optronic GmbH
  • AMETEK, Inc.
  • Anton Paar GmbH
  • Berthold Technologies GmbH & Co. KG
  • Bopp & Reuther Messtechnik GmbH
  • Dandong Dongfang Measurement & Control Technology Co., Ltd.
  • Emerson Electric Co.
  • Endress+Hauser AG
  • Horiba Ltd.
  • Integrated Security Technologies
  • Kyoto Electronics Manufacturing Co., Ltd.
  • Lemis Baltic
  • Meidensha Corporation
  • Mettler-Toledo International, Inc.
  • proMtec Theisen GmbH
  • Ronan Engineering Company
  • Rototherm Group
  • Rudolph Research Analytical
  • Schmidt + Haensch Gmbh & Co
  • SensoTech GmbH
  • Thermo Fisher Scientific, Inc.
  • Toshiba Corporation
  • Valmet Corporation
  • Vega Grieshaber KG
  • WIKA-TECH S.A.S - Avenisense
  • Yokogawa Electric Corporation
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • Density Meter Market: A Prelude
  • Impact of Covid-19 and a Looming Global Recession
  • Pharmaceutical Density Meters: Essential for Monitoring Pharmaceutical Processes and Products
  • Exhibit 1: Global Sales of Prescription Drugs in $ Billion for the Years 2018, 2020, 2022 and 2024
  • Rising Significance of Liquid Density Meters for Plant Operations
  • Oil & Gas Industry: A Widespread User of Density Meters
  • ASTM D4052-18a i: A Standard Test Method for Density and Relative Density of Petroleum Liquids
  • Sustained Demand for Density Meters from Chemical Industry
  • Exhibit 2: Chemical Industry Growth Worldwide - Percentage Growth of Chemical Production Volume for the Years 2019 through 2023
  • Food & Beverage Industry: Density Meters Grow in Significance to Maintain High Product Quality and Comply with Strict Regulations
  • Exhibit 3: Global Packaged Food Market Size in $ Billion for the Years 2018, 2020, 2022 and 2024
  • With Craft Breweries on the Rise, Demand Increases for Density Meters
  • Exhibit 4: Global Craft Beer Market: Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Exhibit 5: Craft Breweries Worldwide: Top Countries Ranked by Number of Craft Breweries for 2015
  • Exhibit 6: Craft Breweries Continue to Grow in the US: Total Count of Craft Breweries for the Years 2014 through 2018
  • Rising Demand for Density Meters to Measure Density of Mining Slurries
  • Rising Adoption in Sewerage Plants Boosts Demand for Liquid Density Meters
  • Density Meters for Water and Wastewater Treatment: A High Growth Market
  • Nuclear Density Meters: A Review of Key Issues with Radiation-based Devices
  • Innovations & Advancements
  • PRODUCT OVERVIEW
  • Density Meter
  • Types of Density Meters
  • Vibrating Density Meters
  • Nuclear Density Meters
  • Ultrasonic Density Meters
  • Microwave Density Meters
  • Optical Density Meters
  • Other Types
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 44
Note: Product cover images may vary from those shown
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