The global flow meter market was valued at $7.3 billion in 2018, and is projected to reach $11.9 billion by 2026, growing at a CAGR of 6.3% from 2019 to 2026.
A flow meter is a device or equipment used to measure the volume or mass of the gas or liquid. It is also known as a flow indicator, flow rate sensor, liquid meter, and flow gauge; that is dependent on its use in any particular industry. Flow meter plays a crucial role in the industries where precise calculation is required, for instance, water & wastewater treatment. It is very important to measure flow, especially in process plants that impact the profit-making capacity of any company.
Some of the factors driving the growth of the global flow meter market are increased penetration of high-end flow meters in process industries, increased population, rise in need for effective water and wastewater management infrastructure, and strengthening industrialization. A region like Asia-Pacific is the highly populous region, where urbanization is at its peak and the need for water & wastewater management is leading to the need for improved flow meters. Market players in this region are investing and focusing on R&D. As a result, a better version of flow meters are introduced in the market that are more effective and versatile than the previous one. Some of the additional benefits associated with newly launched flow meters include online diagnosis and troubleshooting, remote calibration and configuration, wireless communication, and improved installation management & application effects. The impact of this development is high on the flow meter market and there is increased adoption of flow meter reported all across the globe. On the other hand, inefficient manufacturing technology in customized product manufacturing is the key factor restraining the growth of the market.
The global flow meter market is segmented into type, end user, and region. Depending on type, the global market is classified into differential pressure, positive displacement, ultrasonic, turbine, magnetic, coriolis, vortex, and others. By end user, the market is categorized into water & wastewater, oil & gas, chemicals, power generation, pulp & paper, food & beverages, and others. Region-wise, the global market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major market players operating and profiled in the global flow meter market are Honeywell International Inc., Siemens AG, Emerson Electric Company, ABB Ltd, Schneider Electric SE, Yokogawa Electric Corporation, Azbil Corporation, Badger Meter Inc., Hitachi, Ltd., and KROHNE Messtechnik GmbH.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global flow meter market from 2018 to 2026 to determine the prevailing opportunities
A comprehensive analysis of the factors that drive and restrict the growth of the market is provided
Estimations and forecast are based on factors impacting the market growth, in terms of both value and volume
Profiles of leading players operating in the market are provided to understand the global competitive scenario
The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth
KEY MARKET SEGMENTS
By Type
Differential Pressure
Positive Displacement
Ultrasonic
Turbine
Magnetic
Coriolis
Vortex
Others.
By End-User
Water & Wastewater
Oil & Gas
Chemicals
Power Generation
Pulp & Paper
Food & Beverages
Others
By Region
o North America
U.S.
Canada
Mexico
o Europe
Germany
France
Italy
Spain
UK
Rest of Europe
o Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
o LAMEA
Brazil
Saudi Arabia
South Africa
South Africa
LAMEA
KEY MARKET PLAYERS
Honeywell International Inc.
Siemens AG
Emerson Electric Compan
ABB Ltd
Schneider Electric SE
Yokogawa Electric Corporation
Azbil Corporation
Badger Meter Inc.
Hitachi, Ltd.
KROHNE Messtechnik GmbH.
The other players in the value chain include Seametrics Inc., Thermal Instruments Co, Katronic Technologies Ltd., Flow Meter Group, Litre Meter Limited., and others.
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.5. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Key Findings of The Study
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.3. PorterS Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. High Adoption of Flow Meters In Industrial Measuring Application
3.4.1.2. Recent Advancements In The Flow Meter Technology
3.4.2. Restraints
3.4.2.1. High Cost of Flow Meter And Requirements of Skilled Labor
3.4.3. Opportunity
3.4.3.1. Trend For Process Automation Across Manufacturing And Process Industries
3.5. Patent Analysis (2015-2018)
3.6. Pricing Analysis (2018)
Chapter 4: Global Flow Meter Market, By Type
4.1. Overview
4.1.1. Market Size And Forecast By Type
4.2. Differential Pressure Flow Meter
4.2.1. Key Market Trends, Growth, Factors And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Share Analysis, By Country
4.3. Positive Displacement Flow Meter
4.3.1. Key Market Trends, Growth, Factors And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Share Analysis, By Country
4.4. Ultrasonic Flow Meter
4.4.1. Key Market Trends, Growth, Factors And Opportunities
4.4.2. Market Size And Forecast, By Region
4.4.3. Market Share Analysis, By Country
4.5. Turbine Flow Meter
4.5.1. Key Market Trends, Growth, Factors And Opportunities
4.5.2. Market Size And Forecast, By Region
4.5.3. Market Share Analysis, By Country
4.6. Magnetic Flow Meter
4.6.1. Key Market Trends, Growth, Factors And Opportunities
4.6.2. Market Size And Forecast, By Region
4.6.3. Market Share Analysis, By Country
4.7. Coriolis Flow Meter
4.7.1. Key Market Trends, Growth, Factors And Opportunities
4.7.2. Market Size And Forecast, By Region
4.7.3. Market Share Analysis, By Country
4.8. Vortex Flow Meter
4.8.1. Key Market Trends, Growth, Factors And Opportunities
4.8.2. Market Size And Forecast, By Region
4.8.3. Market Share Analysis, By Country
4.9. Others Flow Meter
4.9.1. Key Market Trends, Growth, Factors And Opportunities
4.9.2. Market Size And Forecast, By Region
4.9.3. Market Share Analysis, By Country
Chapter 5: Global Flow Meter Market, By End User
5.1. Market Size And Forecast By End User
5.2. Water And Wastewater
5.2.1. Key Market Trends, Growth, Factors And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Share Analysis, By Country
5.3. Oil And Gas
5.3.1. Key Market Trends, Growth, Factors And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Share Analysis, By Country
5.4. Chemical
5.4.1. Key Market Trends, Growth, Factors And Opportunities
5.4.2. Market Size And Forecast, By Region
5.4.3. Market Share Analysis, By Country
5.5. Power Generation
5.5.1. Key Market Trends, Growth, Factors And Opportunities
5.5.2. Market Size And Forecast, By Region
5.5.3. Market Share Analysis, By Country
5.6. Pulp And Paper
5.6.1. Key Market Trends, Growth, Factors And Opportunities
5.6.2. Market Size And Forecast, By Region
5.6.3. Market Share Analysis, By Country
5.7. Food & Beverages
5.7.1. Key Market Trends, Growth, Factors And Opportunities
5.7.2. Market Size And Forecast, By Region
5.7.3. Market Share Analysis, By Country
5.8. Others
5.8.1. Key Market Trends, Growth, Factors And Opportunities
5.8.2. Market Size And Forecast, By Region
5.8.3. Market Share Analysis, By Country
Chapter 6: Global Flow Meter Market, By Region
6.1. Overview
6.1.1. Market Size And Forecast By Region
6.2. North America
6.2.1. Market Size And Forecast By Type
6.2.2. Market Size And Forecast By End User
6.2.3. Market Size And Forecast By Country
6.2.4. U.S.
6.2.5. Market Size And Forecast By Type
6.2.6. Market Size And Forecast By End User
6.2.7. Canada
6.2.7.1. Market Size And Forecast By Type
6.2.7.2. Market Size And Forecast By End User
6.2.8. Mexico
6.2.8.1. Market Size And Forecast By Type
6.2.9. Market Size And Forecast By End User
6.3. Europe
6.3.1. Market Size And Forecast By Type
6.3.2. Market Size And Forecast By End User
6.3.2.1. Market Size And Forecast By Country
6.3.3. Germany
6.3.3.1. Market Size And Forecast By Type
6.3.3.2. Market Size And Forecast By End User
6.3.4. France
6.3.4.1. Market Size And Forecast By Type
6.3.4.2. Market Size And Forecast By End User
6.3.5. Italy
6.3.5.1. Market Size And Forecast By Type
6.3.5.2. Market Size And Forecast By End User
6.3.6. Spain
6.3.6.1. Market Size And Forecast By Type
6.3.6.2. Market Size And Forecast By End User
6.3.7. Uk
6.3.7.1. Market Size And Forecast By Type
6.3.7.2. Market Size And Forecast By End User
6.3.8. Rest of Europe
6.3.8.1. Market Size And Forecast By Type
6.3.8.2. Market Size And Forecast By End User
6.4. Asia-Pacific
6.4.1.1. Market Size And Forecast By Type
6.4.1.2. Market Size And Forecast By End User
6.4.1.3. Market Size And Forecast By Country
6.4.2. China
6.4.2.1. Market Size And Forecast By Type
6.4.2.2. Market Size And Forecast By End User
6.4.3. Japan
6.4.3.1. Market Size And Forecast By Type
6.4.3.2. Market Size And Forecast By End User
6.4.4. India
6.4.4.1. Market Size And Forecast By Type
6.4.4.2. Market Size And Forecast By End User
6.4.5. South Korea
6.4.5.1. Market Size And Forecast By Type
6.4.5.2. Market Size And Forecast By End User
6.4.6. Australia
6.4.6.1. Market Size And Forecast By Type
6.4.6.2. Market Size And Forecast By End User
6.4.7. Rest of Asia-Pacific
6.4.7.1. Market Size And Forecast By Type
6.4.7.2. Market Size And Forecast By End User
6.5. Lamea
6.5.1. Market Size And Forecast By Type
6.5.2. Market Size And Forecast By End User
6.5.3. Market Size And Forecast By Country
6.5.4. Brazil
6.5.4.1. Market Size And Forecast By Type
6.5.4.2. Market Size And Forecast By End User
6.5.5. Saudi Arabia
6.5.5.1. Market Size And Forecast By Type
6.5.5.2. Market Size And Forecast By End User
6.5.6. South Africa
6.5.6.1. Market Size And Forecast By Type
6.5.6.2. Market Size And Forecast By End User
6.5.7. Rest of Lamea
6.5.7.1. Market Size And Forecast By Type
6.5.7.2. Market Size And Forecast By End User
Chapter 7: Competitive Landscape
7.1. Introduction
7.1.1. Market Player Positioning, 2018
7.2. Top Winning Strategies
7.2.1. Top Winning Strategies, By Year
7.2.2. Top Winning Strategies, By Development
7.2.3. Top Winning Strategies, By Company
7.3. Product Mapping of Top 10 Player
7.4. Competitive Heatmap
7.5. Key Developments
7.5.1. New Product Launches
7.5.2. Collaborations
Chapter 8: Company Profiles:
8.1. Abb Ltd.
8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Product Portfolio
8.1.5. Business Performance
8.1.6. Key Strategic Moves And Developments
8.2. Azbil Group
8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Product Portfolio
8.2.5. Business Performance
8.2.6. Key Strategic Moves And Developments
8.3. Badger Meter Inc.
8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Product Portfolio
8.3.4. Business Performance
8.3.5. Key Strategic Moves And Developments
8.4. Emerson Electric Company
8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Product Portfolio
8.4.5. Business Performance
8.4.6. Key Strategic Moves And Developments
8.5. Hitachi, Ltd.
8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Product Portfolio
8.5.5. Business Performance
8.6. Honeywell International, Inc.
8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Product Portfolio
8.6.5. Business Performance
8.6.6. Key Strategic Moves And Developments
8.7. Krohne Group
8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Product Portfolio
8.7.4. Key Strategic Moves And Developments
8.8. Schneider Electric Se
8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Product Portfolio
8.8.5. Business Performance
8.8.6. Key Strategic Moves And Developments
8.9. Siemens Ag
8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Product Portfolio
8.9.5. Business Performance
8.10. Yokogawa Electric Corporation
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Product Portfolio
8.10.5. Business Performance
8.10.6. Key Strategic Moves And Developments