According to the report, the Flow Meters
market is predicted to achieve USD 11,585 million by 2026. This report examines
the status quo and projections of the global Flow Meters market and analyzes
the Flow Meters market by manufacturer, type, application, and region. This
report focuses on top manufacturers in North America, Europe, Japan, China,
India, Southeast Asia, and other regions (Central and South America, Middle
East and Africa).
Market Summary
Overview:
A
flow meter is an instrument used to measure linear, nonlinear, mass or
volumetric flow rate of a liquid or a gas. When choosing flow meters, one
should consider such intangible factors as familiarity of plant personnel,
their experience with calibration and maintenance, spare parts availability,
and mean time between failure history, etc., at the particular plant site.
The Flow Meters market report covers the
leading players in the market and analyzes their key strategies. Leading
players in this market include Honeywell, Siemens, Emerson Electric Co., ABB
Ltd., Yokogawa Electric, Azbil, Badger Meter, Krohne Messtechnik, Schneider
Electric, Endress Hauser, OMEGA, Tokyo Keiso Co., Ltd., Tianjin Yihuan
Automatic Instrument Technology Co, Höntzsch GmbH, TSI Incorporated, Dwyer
Instruments, Bronkhorst, Kral AG, Kytola, Azbil Corporation, Fuji Electric,
etc.
The
prominent market players maintain the competitive edge in the global market by
making investments in the mergers and acquisitions and by increasing their
product portfolio.
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Value:
It
is estimated that the total market value of the Flow Meters global market is poised
to reach USD 11,585 million in 2026 from USD 7,455 million in 2019, with a CAGR
of 6.5%.
Facilitating and
Limiting Factors:
The
Flow Meters market is expected to register substantial growth in the coming
years, owing to increasing demand for flow meters from oil & gas and water
& wastewater industries. In addition, rapid urbanization and technological
advancements are also positively influencing the market growth. However, the lack
of understanding pertaining to operational processes of smart flow meters and
high initial costs associated with these advanced products are expected to
hamper the growth of the market.
The global Flow Meters market is broadly divided based on type,
application, and region:
By type - Thermal, Magnetic, Ultrasonic, Coriolis, Vortex, Others
The
Ultrasonic segment is expected to witness the highest growth during the forecast
period, owing to a growing demand for various applications. They are low
maintenance and easy to use because they do not use moving parts.
By application - Water & Wastewater, Oil & Gas, Chemicals, Power
Generation, Pulp & Paper, Food & Beverages
The
Water & Wastewater segment accounted for the largest market share in 2018
and is anticipated to show growth in the coming years. This can be attributed
to the growing population of emerging economies.
By region - North
America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
In
2018, the Flow Meters global market was mainly concentrated in the three
regions of North America, Europe, and Asia-pacific, with the market share of 31.25%,
30.14%, and 29.66%, accounting for a total of 91.05%. Asia-Pacific is projected
to be the fastest-growing market during the forecast period. The growth in this
region is expected to be propelled by the increased demand from end-use
industries such as Water & Wastewater, Oil & Gas, Chemicals, Power
Generation, and others. In addition, the increasing demand for Flow Meters in
emerging countries such as China and India on account of their rapid rates of
industrialization, which is also propelling the growth of the market.
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and
Technological) Analysis of Flow Meters Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Flow Meters Market by Types
4 Segmentation of Flow Meters Market by End-Users
5 Market
Analysis by Major Regions
6 Product
Commodity of Flow Meters Market in Major Countries
7 North
America Flow Meters Landscape Analysis
8 Europe Flow
Meters Landscape Analysis
9 Asia Pacific
Flow Meters Landscape Analysis
10 Latin
America, Middle East & Africa Flow Meters Landscape Analysis
11 Major Players Profile
11.1 Honeywell
11.1.1
Honeywell Company Profile and Recent Development
11.1.2 Market
Performance
11.1.3 Product
and Service Introduction
11.2 Siemens
11.3 Emerson
Electric Co.
11.4 ABB Ltd.
11.5 Yokogawa
Electric
11.6 Azbil
11.7 Badger
Meter
11.8 Krohne
Messtechnik
11.9 Schneider
Electric
11.10 Endress
Hauser
11.11 OMEGA
11.12 Tokyo
Keiso Co., Ltd.
11.13 Tianjin
Yihuan Automatic Instrument Technology Co
11.14 Höntzsch
GmbH
11.15 TSI
Incorporated
11.16 Dwyer
Instruments
11.17
Bronkhorst
11.18 Kral AG
11.19 Kytola
11.20 Azbil
Corporation
…
Audience:
l Flow Meters
manufacturers
l Flow Meters
importers and exporters
l Flow Meters
traders, distributors, and suppliers
l Raw material
suppliers of Flow Meters
l Flow Meters
industry associations
l Product
managers, Flow Meters industry administrator, C-level executives of the
industries
l Market
Research and consulting firms
l Small and
Medium-sized Enterprises (SMEs)
l Government
agencies and NGOs
What Information does
this report contain?
l The report
covers the prediction and analysis of the global Flow Meters market at the
global and regional levels.
l The report
includes drivers and constraints that affect market growth.
l Discussed
details about market opportunities
l The
assessments for the regional market layout characteristics in the world.
l The report
includes detailed company profiles for prominent market participants.
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