DUBLIN--(BUSINESS WIRE)--Dec 2, 2022--
The "Water Cut Monitors: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Water Cut Monitors Market to Reach $291.2 Million by 2027
In the changed post COVID-19 business landscape, the global market for Water Cut Monitors estimated at US$194.7 Million in the year 2020, is projected to reach a revised size of US$291.2 Million by 2027, growing at a CAGR of 5.9% over the analysis period 2020-2027. Upstream, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$123 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Midstream segment is readjusted to a revised 5.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $53 Million, While China is Forecast to Grow at 9.4% CAGR
The Water Cut Monitors market in the U.S. is estimated at US$53 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$61.1 Million by the year 2027 trailing a CAGR of 9.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 4.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$39.2 Million by the year 2027.
Downstream Segment to Record 6.2% CAGR
In the global Downstream segment, USA, Canada, Japan, China and Europe will drive the 6.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$33.7 Million in the year 2020 will reach a projected size of US$50.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 6.7% CAGR through the analysis period.
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What's New for 2022?
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Companies Mentioned
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SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/02/2022 04:23 AM/DISC: 12/02/2022 04:23 AM
http://www.businesswire.com/news/home/20221202005127/en