Global Stream Gauge Market Revenue Analysis – Global Stream Gauge Market Till | Page 2
Report Highlights
In addition, an increase in adoption of stream gauge for application in new industrial verticals, and emerging economies such as China, India and others, will create new opportunities for the stream gauge market. However, rising risk of counterfeit products, higher cost of research and development, and higher cost of stream gauge are the key restraints for the stream gauge market. Geographically, Asia Pacific dominated the stream gauge market, followed by North America. Asia Pacific is projected to have the fastest growth, owing to a rapidly increasing refining & petrochemicals, oil & gas industry, rise in industrial sector, and growing demand from water & waste water industry in developing nations such as China, and India in this region. Among all the applications, Water & Wastewater has the highest market share in the stream gauge market due to a spur in recycling of wash waters.
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