Report ID: SQMIG20I2258
Report ID:
SQMIG20I2258 |
Region:
Global |
Published Date: March, 2024
Pages:
169
|
Tables:
66 |
Figures:
72
North America dominates the global density meter market due to the presence of key market players. Also, the strong demand from end-use industries is driving the sales of density meters in the United States and Canada. North American countries, the United States and Canada have a strong presence in the oil and gas sector. Density meters are widely used in this sector to measure the accurate density of crude fuel, finished products, and gas. Other industries in the North American region also make consistent use of density meters to ensure the quality and consistency of final products. High emphasis on safety and imposition of stringent safety mandates in this region could also bolster sales of density meter in North America going forward.
Followed by North America, sales of density meters in the Asia Pacific region are expected to increase at the fastest CAGR during the forecast period. Rapid industrialization in countries such as China and India are fueling the use of density meters. These meters are also gaining importance in Asia Pacific industries such as water and wastewater treatment, chemicals, food and beverages, and others. Rapidly expanding oil & gas exploration activity in this region could also create new opportunities for density meter suppliers across the forecast period.
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Report ID: SQMIG20I2258