Flow Meters

Flow Meters Market Reaches $ 12.5 Billion Mark By 2027 Flow Meters Market (By Product: Positive Displacement (PD), Differential Pressure (DP), Vortex, Ultrasonic, Magnetic, Turbine, Coriolis, and Others; By Application: Oil & Gas, Water & Wastewater, Power Generation, Chemicals, Food & Beverage, Pulp & Paper, and Others) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 - 2027

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The flow meters market is expected to exhibit a CAGR of 5.6% from 2020 to 2027 and is projected to reach US$ 12.5 Billion by 2027, according to a 2021 study by Precedence Research, the Canada-based market insight company.

The report contains 150+ pages with detailed analysis. The study provides the overall revenue of the global flow meters market from 2016 to 2027, considering 2020 as the base year and 2027 as the forecast year.

The global flow meters market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the flow meters industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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A flow meter is an instrument that is used to measure the nonlinear, linear, volumetric or mass flow of a gas or liquid. Flow meters are also known by many other names, such as flow indicator, flow gauge, flow rate sensor, liquid meter, etc. depending on the particular industry. Besides this, they all are used to measure the flow. Open channels, like streams or rivers can also be measured using flow meters.

Flow meter sensor work in various ways but have same goal to provide repeated and most accurate flow measurement for specific applications. Some of the commonly used flow meters in industries include obstruction type, inferential or turbine type, electromagnetic, positive displacement flow meter, anemometer, ultrasonic, coriolis, and vortex.

Growth Factors

The flow meter market is a matured market; however still in its development phase and expected to offer prominent growth opportunities in the coming years. The implementation of flow meters is highly preferred in the process industries. In addition, the governments of different regions have mandated the use of flow meters owing to numerous advantages associated with them. Oil & gas, water and wastewater, power generation, chemical, and pulp & paper are some of the major consumers of flow meter. Thus, factors such as rise in industrial output, increase in the number of initiatives to construct safe water management infrastructure, and surge in energy needs primarily boost the demand for flow meters.

Report Highlights

  • In 2019, Europe led the global market in terms of revenue followed by North America due to rising adoption of flow meters in the power generation sector
  • The Asia Pacific encountered as the most lucrative region with a growth rate of around 7% during the analysis period due to continuous development in the water & wastewater industry
  • Based on product, magnetic segment led the global market in the year 2019 due to its increased application in numerous industries.
  • Coriolis and ultrasonic segments anticipated to register the highest growth over the analysis period owing to their advanced features that allow the integration of IoT
  • Oil & gas expected to witness a prominent growth rate over the analysis period owing to development of shale gas reserves and other prominent developments in the sector
  • Water & wastewater application captured nearly 23% of the value share in 2019 and expected to register a CAGR exceeding 6% during the forecast period

Regional Snapshots

Europe led the global flow meters market in terms of revenue share, followed by the North America. Presence of prominent market players in the region such as Diehl Metering Germany, Endress+Hausar AG, ABB, and KROHNE Messtechnik accounted for the prominent growth of the region. Furthermore, rising government investment on the water treatment plants again spur the demand for flow meters in the region. Rising population and introduction of new and advanced technologies have prominently boosted the growth of power generation, water supply, usage of chemicals, and water treatment and management system, thereby fuelling the growth of the flow meters market.

On the other hand, the Asia Pacific encountered the fastest growth over the analysis period owing to rising demand for reliable and high-quality measurement tools from various end-use industries. Further, the region is a global leader in the chemical production and import & export activity. This significantly triggers the demand for flow meters in various industries as chemicals are widely used in industrial applications. Increasing demand for oil & gas along with water supply management and treatment plants in the region accounted for the other most prominent factor to propel the growth of flow meters in the region.

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Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global flow meters market are as follows:

  • Emerson Electric Co.
  • ABB Ltd.
  • em-tec GmbH
  • General Electric
  • Endress+Hauser Management AG
  • Hitachi, Ltd.
  • Höntzsch GmbH
  • Honeywell International, Inc.
  • KROHNE Messtechnik GmbH
  • VSE Volumentechnik GmbH
  • Siemens
  • Yokogawa Electric Corporation

Market Segmentation

By Product

  • Positive Displacement (PD)
  • Differential Pressure (DP)
  • Vortex
  • Ultrasonic
  • Magnetic
    • Wireless
    • Wired
  • Turbine
  • Coriolis
  • Others

By Application

  • Oil & Gas
  • Water & Wastewater
  • Power Generation
  • Chemicals
  • Food & Beverage
  • Pulp & Paper
  • Others

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights covered in the report include:

Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global flow meters market. It examines trends and factors influencing demand for flow meters globally and gauges the impact of the same on the production.

Pricing Analysis – The report presents an exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for flow meters across the world.

Competitive Analysis – Some of the leading market players are profiled in the report on flow meters. The report offers an estimation of share individually help by the market players and determines the impact of some of their popular strategies.

COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global flow meters market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for flow meters are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Flow Meters Market, By Product

7.1. Flow Meters Market, by Product Type, 2020-2027
7.1.1. Positive Displacement (PD)
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Differential Pressure (DP)
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Vortex
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Ultrasonic
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Magnetic (Wireless, Wired)
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. Turbine
7.1.6.1. Market Revenue and Forecast (2016-2027)
7.1.7. Coriolis
7.1.7.1. Market Revenue and Forecast (2016-2027)
7.1.8. Others
7.1.8.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Flow Meters Market, By Application

8.1. Flow Meters Market, by Application, 2020-2027
8.1.1. Oil & Gas
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Water & Wastewater
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Power Generation
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Chemicals
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Food & Beverage
8.1.5.1. Market Revenue and Forecast (2016-2027)
8.1.6. Pulp & Paper
8.1.6.1. Market Revenue and Forecast (2016-2027)
8.1.7. Others
8.1.7.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Flow Meters Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.4.2. Market Revenue and Forecast, by Application (2016-2027)

Chapter 10. Company Profiles

10.1. Emerson Electric Co.
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. ABB Ltd.
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. em-tec GmbH
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. General Electric
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Endress+Hauser Management AG
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Hitachi, Ltd.
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Höntzsch GmbH
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Honeywell International, Inc.
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. KROHNE Messtechnik GmbH
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. VSE Volumentechnik GmbH
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
10.11. Siemens
10.11.1. Company Overview
10.11.2. Product Offerings
10.11.3. Financial Performance
10.11.4. Recent Initiatives
10.12. Yokogawa Electric Corporation
10.12.1. Company Overview
10.12.2. Product Offerings
10.12.3. Financial Performance
10.12.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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