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Flow Meters Global Market is Anticipated to Witness a 6.5% GAGR Expansion Between 2019 and 2026

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:

  • Flow Meters manufacturers
  • Flow Meters importers and exporters
  • Flow Meters traders, distributors, and suppliers
  • Raw material suppliers of Flow Meters
  • Flow Meters industry associations
  • Product managers, Flow Meters industry administrator, C-level executives of the industries
  • Market Research and consulting firms
  • Small and Medium-sized Enterprises (SMEs)
  • Government agencies and NGOs

What Information does this report contain?

  • The report covers the prediction and analysis of the global Flow Meters market at the global and regional levels.
  • The report includes drivers and constraints that affect market growth.
  • Discussed details about market opportunities
  • The assessments for the regional market layout characteristics in the world.
  • The report includes detailed company profiles for prominent market participants.

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