Product Code: CMI5919
Flow meters (also known as flow sensors) are devices used to measure and record the flow rate. They measure the flow rate of a fluid, liquid, or gas when it passes through a confined transmission system. There are different principles of flow meters, like orifice meters, venturi meters, rotameters, and flow nozzles. The flow sensors/devices are generally connected to the gauges to render their measurements; however, they can also be connected to computers and digital interfaces. Flow meters can be divided into two groups, contact and non-contact flow meters. Contact type flow meters are those in which the sensing element is directly in contact with the sensing element. They are suitable for services that are in normal application. They are not suitable for highly corrosive liquid. Non-contact flow meters are used when the liquid or gas (generally, a food product) being monitored would be otherwise contaminated or physically altered by coming in contact with the moving parts.
Market Dynamics:
Multiple emerging technologies, such as IIoT, asset management, and advanced diagnostics, are also helping in forming new collaborations among users and suppliers. Moreover, the strategies for both end users and suppliers have been leveraging advancements in networking and cloud platforms and service offerings that include data and analytics. Flow meters are also witnessing a steady rise in the demand for monitoring and measuring the flow of steam, gas, water, chemicals, and mineral oil, among others. These meters offer essential precision regarding ideal and economic quantity during flow measurement. They offer advantages when it comes to processing control.
Major trends in flow meter technology include digital signals for flow meters, multiple measurement formats, online diagnosis and troubleshooting, remote calibration and configuration, and smart sensors with online alerts. The technological advancements via robust research and development have also enabled the industry to develop appropriate solutions to complex operational problems. Automated cleaning is also one of the revolutionary trends observed in the market. This trend is advantageous for industries such as water and wastewater management.
However, certain factors are projected to hinder market expansion. The existing flow meters in the market are only sometimes compatible with modern machines and infrastructure. Therefore, there is a need to replace the existing outdated versions with newer, efficient, and compatible instruments. The expense of replacing the old instruments with the new generation of equipment might be a costly procedure. This will most certainly limit the global flow meter market.
Key features of the study:
- This report provides an in-depth analysis of the global flow meter market, and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global flow meter market based on the following parameters: company highlights, products portfolio, key highlights, financial performance, and strategies
- The key companies covered as a part of this study include Yokogawa Electric Corporation, ABB Ltd, Siemens AG, Bronkhorst High-Tech BV, Honeywell International Inc., Emerson Electric Co., SICK AG, Azbil Corporation, Christian Bürkert GmbH & Co. KG, KROHNE Messtechnik GmbH, and TSI Incorporated
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type upgrade, market expansion, and marketing tactics
- The global flow meter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global flow meter market
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology upgrade, market expansion, and marketing tactics
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global flow meter market
Detailed Segmentation:
- Global Flow Meter Market, By Type
- Coriolis
- Electromagnetic
- Differential Pressure
- Ultrasonic
- Others
- Global Flow Meter Market, By End-User
- Oil and Gas
- Water and Wastewater
- Chemical and Petrochemical
- Food and Beverage
- Power Generation
- Pulp and Papers
- Others
- Global Flow Meter Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- Yokogawa Electric Corporation
- ABB Ltd
- Siemens AG
- Bronkhorst High-Tech BV
- Honeywell International Inc.
- Emerson Electric Co.
- SICK AG
- Azbil Corporation
- Christian Bürkert GmbH & Co. KG
- KROHNE Messtechnik GmbH
- TSI Incorporated
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By End-User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trend Analysis
- Market Dynamics
- Technological advancements
- Increasing energy efficiency initiatives
- Emerging markets and industrialization
- Growing industrial demand regarding safety and efficiency concerns
- Price swings of raw materials
- Growing focus on water and energy management
- Expansion of industrial infrastructure
- Adoption of industrial automation and Industry 4.0
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Flow Meter Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Flow Meter Market, By Type, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Coriolis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Electromagnetic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Differential Pressure
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Ultrasonic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
6. Global Flow Meter Market , By End-User, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Oil and Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Water and Wastewater
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Chemical and Petrochemical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Food and Beverage
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Power Generation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Pulp and Paper
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
7. Global Flow Meter Market , By Region, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country 2018-2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-User, 2018-2030, (US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-User, 2018-2030, (US$ Bn)
- U.K.
- Germany
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-User, 2018-2030, (US$ Bn)
- China
- India
- Japan
- South Korea
- Australia
- Rest Of APAC
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-User, 2018-2030, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East and Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-User, 2018-2030, (US$ Bn)
- GCC Countries
- South Africa
- Rest of MEA
8. Competitive Landscape
- Yokogawa Electric Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- ABB Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Siemens AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Bronkhorst High-Tech BV
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Honeywell International Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Emerson Electric Co.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- SICK AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Azbil Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Christian Bürkert GmbH & Co. KG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- KROHNE Messtechnik GmbH
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- TSI Incorporated
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
9. Section
- Research Methodology
- About us