Flow Meters Market Synopsis
Flow Meters Market Size Was Valued at USD 10.1 Billion in 2023 and is Projected to Reach USD 16.8 Billion by 2032, Growing at a CAGR of 5.8% From 2024-2032.
Flow meters are instruments that are used to measure the flow rate or volumetric flow rate of a gas or a liquid in an application for industrial processes or utilities where the flow rate becomes important in a pipeline. These instruments are widely used in utility infrastructure like water and many more, oil and gas facilities, chemical processing plants, and HVAC systems. Flow metering works on a variety of technologies, which include differential pressure, positive displacement, electromagnetic, ultrasonic, and thermal mass, among others. All of these types have varying benefits that qualify its selection depending on the application area, fluid type, accuracy, and location, among others. Flow measurement is significant in determining the workings of a process and more importantly in safety measurement, quality assurance, and legal compliance.
- The market for flow meters over the years has been growing significantly and the driving force to this market is the continuous need for flow measurements across most industries in the world. Flow meters, for the purposes of understanding, are devices that assess the rate of flow of one or more liquids or gases, and these are used in various industries, including oil and gas, water and sewage management, chemical, energy, and medication industries. The application of the latest technologies, the ultrasonic and Coriolis flow meters, has improved the measurement capabilities and has thus provided a boost to the flow meter market.
- As well, increasing stringency of legislation to deal with emissions and the high importance attached to effective resource utilisation have also contributed to increased pressure for extensive flow measurement technologies.
- In recent years, the market has also been affected by growing industrialization on the one hand and the adoption of IoT solutions in flow measurement systems on the other. These integrations help to achieve real-time reports and analysis, thus enhancing efficiency in resource utilization and reducing costs. Overall, the Asia-Pacific region is growing at the fastest rate because of increased industrialization and urbanization, along with the advancement of infrastructures.
- Strategic cost-effectiveness, new product launches, innovative technologies, and increased collaborations and acquisitions also characterize competitor activities in the market. Nevertheless, there are several constraints associated with the flow meter, for instance, the costs of installation are relatively high, and the technicality involved can be highly complicated; therefore, the flow meters market is expected to grow in the next few years.
Flow Meters Market Trend Analysis
Integration of smart technologies and IoT (Internet of Things) capabilities
- Conventional flow meters are nowadays either partially or being completely replaced by digital flow meters that provide measurable benefits in terms of higher accuracy, real-time control, and data analysis. This shift can be attributed to the increasing need for better and more accurate flow measurement across various sectors based on applications like the oil and gas, water & wastewater, and chemical sectors.
- The smart flow meters allow the users to gain control of the flow rate from a distance, selectively note if there are any leaks or any kind of disturbance in the system and there is compatible integration with other systems, which enhances operational efficiency, thereby minimizing downtimes. This innovation is further encouraged by environmental regulatory standards to embrace sustainable environmental practices and the realization that the use of advanced technology can help deal with issues related to environmental conservation.
Increasing demand for accurate and efficient measurement solutions across various industries
- Moreover, the advancement and sophistication of industrial processes required more accurate flow measurement. The oil and gas industry, water and wastewater management, and chemical processing industries are regarded prime examples of industries making huge investments in flow metering technologies for efficiency improvement, compliance, and reduction of waste. Also, the advances made in the Internet of Things along with smart technologies that are increasingly being incorporated in flow meters for real-time data management and for predictive maintenance, which in total helps the market grow.
- Additionally, another factor gaining more and more ground is growth in the use of sustainable and green technologies, that is bringing about the usage of flow meters in the renewable energy and environmental sectors. For instance, flow measurement for wind, solar, and bioenergy, which are emerging clean energy sources, is quite critical so that proper performance and efficiency maybe achieved.
- Furthermore, more strict requirements and standards for environmental protection and the global trend to address greenhouse effects make the application and use of flow meters for emission tracking, resource contamination control and effective usage an important consideration. The flow meters market is also likely to enjoy a strong compound annual growth rate, mainly because of the growing trend that industries are adopting towards sustainability and embracing advanced technologies.
Flow Meters Market Segment Analysis:
The flow Market is segmented on the basis of type and end-users.
By Type, magnetic flow meter segment is expected to dominate the market during the forecast period
- The flow meters market is likely to experience a significant amount of growth and can be categorized on the basis of the type of meter used, with the magnetic flow meter market expected to garner maximum revenues during the forecast period. Magnetic flow meters or magmeters, are preferable since they offer a high degree of accuracy and are highly dependable Their efficiency in measuring the flow of conductive liquids without functioning mechanical parts helps to reduce the frequency of maintenance and increase the overall life span of the product. These features make magmeters appropriate for use, especially in water and wastewater, chemicals, and food and beverage industries, where accurate measurements and low maintenance are essential. The growth observed in the construction sector and escalating concerns towards water supply and efficient utilisation propel the growth of magnetic flow meters market.
- Also, the technical factors are catalysing the IIoT standard of the magnetic flow meters, hence contributing to growth in the particular market. These technological enhancements include the incorporation of IoT features, big data, and wireless learning in order to make real-time decisions on strategy, which is highly important for large factory-like industries. All these developments not only enhance the company’s performance but also help ensure that it meets and maintains high levels of regulation.
End-user water and wastewater segments accounted for the highest flow meter market share in 2023
- The latest data from 2023 shows that the ‘Water & Wastewater’ segment is the market leader in the flow meters market in terms of share. This could be attributed to the way flow meters are very central in the handling of water product to households and organizations, where both distribution and billing are crucial and in the handling of waste, where measurement is paramount in response to the regulatory instruments put in place.
- Various governments and entities directly using water, such as industries, are seeking to incorporate new flow metering technologies to their water management systems, cut losses, and economise. As more and more people around the world began focusing on safe water usage and water management, particularly in the area of water rationing, advanced flow meters were deemed essential in this industry.
- Also, smart water management is one of the key emerging concepts that uses flow meters with IoT and real-time data analytics solutions to solve problems in water and wastewater sectors. The implemented refined systems allow for permanent tracking and prompt identification of potential breaches like leaks or blockages, thus reducing periods of standstill and associated maintenance expenses significantly. Stringent environmental regulations and the growing emphasis on green and sustainable solutions have also been key to encouraging the utilization of accurate flow meters to regulate effluent release. Thus, fulfilled by the Water and Wastewater segment, it clearly illustrates the importance of the market of flow meters for the further enhancement of both accuracy and reliability of the sector’s need for flow measurement technologies.
Flow Meters Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- The Asia Pacific market is considered to surge ahead of the other regional markets in terms of the growth of flow meters market over the forecast period, assuming that the industrialization process in Asia-Pacific countries and other related sectors like urbanization are driving force. China, India, Japan, and South Korea continue to make tremendous investments in infrastructure, water & wastewater technologies, and energy sectors. new industrial civilization in these countries has come up with various manufacturing processes where flow measurement is integral, thus increasing the need for professional flow meters. New legislation and policies directed towards the enhancement of water resource management and diminution of hazardous emissions by industrial plants are anticipated to strengthen the usage of flow metering solutions in the region.
- In addition, there is an increasing number of renewable power generation projects across the Asian-Pacific region involving wind, solar, and hydro electric power, where accurate flow measurement is mandatory and critical for efficient performance. Another trend observed in flow meters is the ongoing connections of IoT and intelligent technologies into these systems’ development to improve efficiency and reliability. Due to changing consumer consciousness regarding use of resources and sustainability sweeping through the region, industries are progressively integrating modern flow meters. Alongside this, definite policies and increasing investments towards technological innovation identify the Asia Pacific market as one of the most lucrative segments of the global flow meters market during the forecast period.
Active Key Players in the Flow Meters Market
- ABB Ltd. (Switzerland)
- Emerson Electric Corporation (USA)
- em-tec GmbH (Germany)
- Endress+Hausar AG (Switzerland)
- General Electric (USA)
- Hitachi High-Tech Corporation (Japan)
- Honeywell International Inc. (USA)
- HÖNTZSCH GMBH & CO. KG (Germany)
- Krohne Messtechnik Gmbh (Germany)
- Siemens (Germany)
- Yokogawa Electric Corporation (Japan)
- Other key Players
Key Industry Developments in the Flow Meters Market:
- In January 2021, the acquisition of Analytical Technology, Inc., a worldwide provider of water quality monitoring systems, was disclosed by Badger Meter, Inc. It is anticipated that this acquisition will assist the organization in expanding its clientele within the United States market.
Global Flow Meters Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 10.1 Bn. |
Forecast Period 2024-32 CAGR: |
5.8 % |
Market Size in 2032: |
USD 16.8 Bn. |
Segments Covered: |
By Type |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- FLOW METERS MARKET BY TYPE (2017-2032)
- FLOW METERS MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- POSITIVE DISPLACEMENT FLOW METER
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- ULTRASONIC FLOW METER
- TURBINE FLOW METER
- MAGNETIC FLOW METER
- CORIOLIS FLOW METER
- VORTEX FLOW METER
- DIFFERENTIAL PRESSURE FLOW METER
- OTHERS
- FLOW METERS MARKET BY APPLICATION (2017-2032)
- FLOW METERS MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- WATER AND WASTEWATER
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- OIL AND GAS
- CHEMICALS
- POWER GENERATION
- PULP AND PAPER
- FOOD AND BEVERAGES
- OTHERS
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Flow Meters Market Share By Manufacturer (2023)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- ABB LTD. (SWITZERLAND)
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- EMERSON ELECTRIC CORPORATION (USA)
- EM-TEC GMBH (GERMANY)
- ENDRESS+HAUSAR AG (SWITZERLAND)
- GENERAL ELECTRIC (USA)
- HITACHI HIGH-TECH CORPORATION (JAPAN)
- HONEYWELL INTERNATIONAL INC. (USA)
- HÖNTZSCH GMBH & CO. KG (GERMANY)
- KROHNE MESSTECHNIK GMBH (GERMANY)
- SIEMENS (GERMANY)
- YOKOGAWA ELECTRIC CORPORATION (JAPAN)
- COMPETITIVE LANDSCAPE
- GLOBAL FLOW METERS MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Type
- Historic And Forecasted Market Size By Application
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Flow Meters Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 10.1 Bn. |
Forecast Period 2024-32 CAGR: |
5.8 % |
Market Size in 2032: |
USD 16.8 Bn. |
Segments Covered: |
By Type |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001: EXECUTIVE SUMMARY
TABLE 002. FLOW METERS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. FLOW METERS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. FLOW METERS MARKET COMPETITIVE RIVALRY
TABLE 005. FLOW METERS MARKET THREAT OF NEW ENTRANTS
TABLE 006. FLOW METERS MARKET THREAT OF SUBSTITUTES
TABLE 007. FLOW METERS MARKET BY TECHNOLOGY
TABLE 008. CORIOLIS MARKET OVERVIEW (2016-2028)
TABLE 009. ELECTROMAGNETIC MARKET OVERVIEW (2016-2028)
TABLE 010. DIFFERENTIAL PRESSURE MARKET OVERVIEW (2016-2028)
TABLE 011. ULTRASONIC MARKET OVERVIEW (2016-2028)
TABLE 012. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 013. FLOW METERS MARKET BY END-USER
TABLE 014. OIL & GAS MARKET OVERVIEW (2016–2028)
TABLE 015. WATER & WASTEWATER MARKET OVERVIEW (2016–2028)
TABLE 016. CHEMICAL & PETROCHEMICAL MARKET OVERVIEW (2016-2028)
TABLE 017. FOOD & BEVERAGE MARKET OVERVIEW (2016-2028)
TABLE 018. POWER GENERATION MARKET OVERVIEW (2016–2028)
TABLE 019. PULP & PAPER MARKET OVERVIEW (2016-2028)
TABLE 020. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 021. NORTH AMERICA FLOW METERS MARKET, BY TECHNOLOGY (2016-2028)
TABLE 022. NORTH AMERICA FLOW METERS MARKET, BY END-USER (2016-2028)
TABLE 023. N FLOW METERS MARKET, BY COUNTRY (2016-2028)
TABLE 024. EUROPE FLOW METERS MARKET, BY TECHNOLOGY (2016-2028)
TABLE 025. EUROPE FLOW METERS MARKET, BY END-USER (2016-2028)
TABLE 026. FLOW METERS MARKET, BY COUNTRY (2016-2028)
TABLE 027. ASIA PACIFIC FLOW METERS MARKET, BY TECHNOLOGY (2016-2028)
TABLE 028. ASIA PACIFIC FLOW METERS MARKET, BY END-USER (2016-2028)
TABLE 029. FLOW METERS MARKET, BY COUNTRY (2016-2028)
TABLE 030. MIDDLE EAST & AFRICA FLOW METERS MARKET, BY TECHNOLOGY (2016-2028)
TABLE 031. Mid-East and Africa FLOW METERS MARKET, BY END-USER (2016-2028)
TABLE 032. FLOW METERS MARKET, BY COUNTRY (2016-2028)
TABLE 033. SOUTH AMERICA FLOW METERS MARKET, BY TECHNOLOGY (2016-2028)
TABLE 034. SOUTH AMERICA FLOW METERS MARKET, BY END-USER (2016-2028)
TABLE 035. FLOW METERS MARKET, BY COUNTRY (2016-2028)
TABLE 036. ABB LTD: SNAPSHOT
TABLE 037. ABB LTD: BUSINESS PERFORMANCE
TABLE 038: ABB LTD: PRODUCT PORTFOLIO
TABLE 039. ABB LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. SIEMENS AG: SNAPSHOT
TABLE 040. SIEMENS AG: BUSINESS PERFORMANCE
TABLE 041. SIEMENS AG: PRODUCT PORTFOLIO
TABLE 042. SIEMENS AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. BRONKHORST HIGH-TECH BV: SNAPSHOT
TABLE 043. BRONKHORST HIGH-TECH BV: BUSINESS PERFORMANCE
TABLE 044. BRONKHORST HIGH-TECH BV: PRODUCT PORTFOLIO
TABLE 045. BRONKHORST HIGH-TECH BV: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. HONEYWELL INTERNATIONAL INC.: SNAPSHOT
TABLE 046. HONEYWELL INTERNATIONAL INC.: BUSINESS PERFORMANCE
TABLE 047. HONEYWELL INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 048. HONEYWELL INTERNATIONAL INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. EMERSON ELECTRIC CO.: SNAPSHOT
TABLE 049. EMERSON ELECTRIC CO.: BUSINESS PERFORMANCE
TABLE 050. EMERSON ELECTRIC CO.: PRODUCT PORTFOLIO
TABLE 051. EMERSON ELECTRIC CO.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. SICK AG: SNAPSHOT
TABLE 052. SICK AG: BUSINESS PERFORMANCE
TABLE 053. SICK AG: PRODUCT PORTFOLIO
TABLE 054. SICK AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. OMEGA ENGINEERING INC. (SPECTRIS PLC): SNAPSHOT
TABLE 055. OMEGA ENGINEERING Inc. . (SPECTRIS PLC): BUSINESS PERFORMANCE
TABLE 056. OMEGA ENGINEERING INC. (SPECTRIS PLC): PRODUCT PORTFOLIO
TABLE 057. OMEGA ENGINEERING INC. (SPECTRIS PLC): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057: CHRISTIAN BÜRKERT GMBH & CO. KG: SNAPSHOT
TABLE 058. CHRISTIAN BÜRKERT GMBH & CO. KG: BUSINESS PERFORMANCE
TABLE 059. CHRISTIAN BÜRKERT GMBH & CO. KG: PRODUCT PORTFOLIO
TABLE 060. CHRISTIAN BÜRKERT GMBH & CO. KG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. TSI INCORPORATED: SNAPSHOT
TABLE 061. TSI INCORPORATED: BUSINESS PERFORMANCE
TABLE 062. TSI INCORPORATED: PRODUCT PORTFOLIO
TABLE 063. TSI INCORPORATED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. KEYENCE CORPORATION: SNAPSHOT
TABLE 064. KEYENCE CORPORATION: BUSINESS PERFORMANCE
TABLE 065. KEYENCE CORPORATION: PRODUCT PORTFOLIO
TABLE 066. KEYENCE CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. SENSIRION AG: SNAPSHOT
TABLE 067. SENSIRION AG: BUSINESS PERFORMANCE
TABLE 068. SENSIRION AG: PRODUCT PORTFOLIO
TABLE 069. SENSIRION AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. AZBIL CORPORATION: SNAPSHOT
TABLE 070. AZBIL CORPORATION: BUSINESS PERFORMANCE
TABLE 071. AZBIL CORPORATION: PRODUCT PORTFOLIO
TABLE 072. AZBIL CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. ENDRESS+HAUSER AG: SNAPSHOT
TABLE 073. ENDRESS+HAUSER AG: BUSINESS PERFORMANCE
TABLE 074. ENDRESS+HAUSER AG: PRODUCT PORTFOLIO
TABLE 075. ENDRESS+HAUSER AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. KROHNE MESSTECHNIK GMBH: SNAPSHOT
TABLE 076. KROHNE MESSTECHNIK GMBH: BUSINESS PERFORMANCE
TABLE 077. KROHNE MESSTECHNIK GMBH: PRODUCT PORTFOLIO
TABLE 078. KROHNE MESSTECHNIK GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 079. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 080. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 081. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001: YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. FLOW METERS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. FLOW METERS MARKET OVERVIEW BY TECHNOLOGY
FIGURE 012. CORIOLIS MARKET OVERVIEW (2016-2028)
FIGURE 013. ELECTROMAGNETIC MARKET OVERVIEW (2016-2028)
FIGURE 014. DIFFERENTIAL PRESSURE MARKET OVERVIEW (2016-2028)
FIGURE 015. ULTRASONIC MARKET OVERVIEW (2016-2028)
FIGURE 016. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 017. FLOW METERS MARKET OVERVIEW BY END-USER
FIGURE 018. OIL & GAS MARKET OVERVIEW (2016-2028)
FIGURE 019. WATER & WASTEWATER MARKET OVERVIEW (2016-2028)
FIGURE 020. CHEMICAL AND PETROCHEMICAL MARKET OVERVIEW (2016-2028)
FIGURE 021. FOOD & BEVERAGE MARKET OVERVIEW (2016-2028)
FIGURE 022. POWER GENERATION MARKET OVERVIEW (2016-2028)
FIGURE 023. PULP & PAPER MARKET OVERVIEW (2016-2028)
FIGURE 024. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 025. NORTH AMERICA FLOW METERS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. EUROPE FLOW METERS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. ASIA PACIFIC FLOW METERS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. MIDDLE EAST & AFRICA FLOW METERS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. SOUTH AMERICA FLOW METERS MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Flow Meters Market research report is 2024-2032.
ABB Ltd., Emerson Electric Corporation, em-tec GmbH, Endress+Hausar AG and Other Major Players.
The Flow Meters Market is segmented into Type, End User, and region. By Type, the market is categorized into Positive displacement Flow Meter, Ultrasonic Flow Meter, Turbine Flow Meter, Magnetic Flow Meter, Coriolis Flow Meter, Vortex Flow Meter, Differential Pressure Flow Meter and Others. By End User, the market is categorized into Water and Wastewater, Oil and Gas, Chemicals, Power Generation, Pulp and Paper, Food and Beverages and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Flow meters are instruments that are used to measure the flow rate or the volumetric flow rate of a gas or a liquid in an application for industrial processes or utilities where the flow rate becomes important in a pipe line. These instruments are widely used in utility infrastructure like water and many more, oil and gas facilities, chemical processing plants and HVAC systems. Flow metering works on a variety of technologies, which include the differential pressure, positive displacement, electromagnetic, ultrasonic, and thermal mass among others; all of these types have varying benefits that qualify its selection depending on the application area, fluid type, accuracy, and location among others. Flow measurement is significant in determining the workings of a process and more importantly in safety measurement, quality assurance, and legal compliance.
Flow Meters Market Size Was Valued at USD 10.1 Billion in 2023, and is Projected to Reach USD 16.8 Billion by 2032, Growing at a CAGR of 5.8% From 2024-2032.