Flow Meter Market – Global Industry Analysis and Forecast (2024-2030)

Flow Meter Market size is expected to reach US$ 14.83 Bn. in 2030 from US$ 9.93 Bn. in 2023, at a CAGR of 5.90% during the forecast period. The objective of the report is to present a comprehensive analysis of the Global Flow Meter Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER,  PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed. Which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global  Market dynamics, structure by analyzing the market segments and project the Global  Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Flow Meter Market make the report investor’s guide. Flow Meter MarketTo Know About The Research Methodology :- Request Free Sample Report The objectives of the report are as follows: 1. To estimate and forecast the size of the Flow Meters Market, in terms of value 2. To provide complete information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Flow Meter market 3. To define, describe, estimate and forecast the flow meters market size by type, end-use industry, and region 4. To track and analyze competitive developments such as new product launches, mergers & acquisitions, expansions, and investments in the flow meters market 5. To strategically profile the key market players and widely evaluate their core competencies The analysis of the report is carried on different primary and secondary data sources. The primary sources include interviews with many industry analysts, suppliers, distributors, and other including professionals. The secondary sources include a review of statistical data from press releases, government websites, annual reports of the key companies, and other relevant documents. Also, the report uses the top-down approach to assess the figures for each segment . Used counter-validate them with the bottom-up approach. After the complete market engineering with calculations for market statistics, market value estimations, market forecasting, and market breakdown, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived.

Flow Meter Market Drivers:

Growing Demand of Flow Meters from End-Use Industries The demand for flow meters from end-use industries such as Water & Wastewater, Oil & Gas, Chemicals, Power Generation, Pulp & Paper, and Food & Beverage is growing at a significant pace, which is expected to drive the market during the forecast period (2024-2030). In the oil and gas sector, the demand for flow meters is rising thanks to the higher demand for oil & gas production worldwide. Likewise, the higher ability to offer more precise flow measurement under different temperature range is encouraging its adoption in the oil and gas sector. Increasing attention towards reducing the overall costs, carbon footprint with overall process optimization are some of the factors answerable for the demand of flow meters across the food & beverage, chemicals, and similar other industries.

Rising Demand for Intelligent Flow Meters

Intelligent Flow Meters provided better ability for monitoring and controlling the liquid/gas flowage. The Flow Meter achieve this through the usage of smart technologies ,such as Bluetooth, Ethernet I/P, Wireless LAN, I/O Link, and M-Bus. Higher accuracy and reliable results are required in industrial applications to carry out the processes more proficiently this factor helps to boost the Flow Meter Market Growth. Thanks to the demand for intelligent Flow Meters is expected to grow across the chemical and water treatment application areas.

Flow Meter Market Restraints:

High Maintenance Cost due to Harsh Work Environment Flow meters do key work under extreme conditions, resulting in higher wear and tear. Due to this, it requires high maintenance to boost its shelf life and efficiency. The disturbed flow of liquids or gases, high turndowns, wet gas, and abrasive fluids.

Flow Meter Market Segment Overview:

Based on type, the flow meter market is segmented into Differential Pressure (DP), Positive Displacement (PD), Magnetic, Ultrasonic, Coriolis, Turbine, Vortex, and Others. The magnetic segment is further sub-segmented into Wired and Wireless. Among these, the differential pressure segment held the largest market share of the global market in 2023. This is mainly because of the growing use of differential pressure flowmeters in the natural gas sector these flowmeters can withstand extreme environmental conditions. By product type, the market is segmented into analog and digital. Analog flowmeters is expected to hold the largest market share of xx% of the global market by 2030.Thanks to the growing use of analog flowmeters in the refineries which has increased the production of analog flowmeters.

Flow Meter Market Regional Insights:

North America and Europe, together account for over 56% of global sales. Constant exploration of oil & gas in developed regions such as the US and Canada has carried productive results in the form of new shale gas and oil reserves. Flowmeter applications in measuring oil & gas and power generation outputs will therefore impel product demand in these regions. In the U.S., the liquid measured medium segment is expected to hold the largest market share by 2030. This growth is attributed to the increasing demand for volumetric flowmeters in the manufacturing sector. Asia Pacific  expected to grow at a highest CAGR of xx% during the forecast period. This growth is attributed to the increasing penetration of technology and shifting way of life. Also, China accounted the largest market share in Asia-Pacific. Thanks to the growing development of wastewater treatment which has increased the requirement for liquid measurement devices like flowmeter.

Flow Meter Industry EcosystemFlow Meter Industry Ecosystem

Flow Meter Market Scope: Inquiry Before Buying

Flow Meter Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: US $ 9.93 Bn.
Forecast Period 2024 to 2030 CAGR: 5.90% Market Size in 2030: US $ 14.83 Bn.
Segments Covered: By Type Differential Pressure Flow Meter Positive Displacement Flow Meter Magnetic Flow Meter Ultrasonic Flow Meter Coriolis Flow Meter Others
By End-User Industry Water and Wastewater Oil and Gas Chemicals Power Generation Pulp and Paper Food and Beverages Others

Flow Meter Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Flow Meter Market Key Players

1. Honeywell 2. Siemens 3. Emerson Electric Co. 4. ABB Ltd. 5. Yokogawa Electric 6. em-tec GmbH 7. Endress+Hausar AG 8. General Electric 9. Hitachi High-Tech Corporation 10. HÖNTZSCH GMBH & CO. KG 11. Krohne Messtechnik Gmbh 12. Schneider Electric SE 13. Azbil Corporation 14. Badger Meter Inc. 15. Seametrics Inc 16. Thermal Instruments Co. 17. Katronic Technologies Ltd. 18. Flow Meter Group 19. Litre Meter Limited. 20. Baker Hughes Company 21. PARKER HANNIFIN CORP 22. Sensirion AG 23. SICK AG 24. Equflow 25. KEM 26. KEYENCE CORPORATION 27. Sierra Instruments Inc 28. Max Machinery, Inc. 29. Others Frequently Asked Questions: 1. Which region has the largest share in Global Flow Meter Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of Global Flow Meter Market? Ans: The Market is expected to grow at a CAGR of 5.90%during forecast period 2024-2030. 3. What is scope of the Global Flow Meter market report? Ans: Global Flow Meter Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Flow Meter market? Ans: The important key players in the Global Flow Meter Market are – Honeywell, Siemens, Emerson Electric Co., ABB Ltd., Yokogawa Electric, em-tec GmbH, Endress+Hausar AG, General Electric, Hitachi High-Tech Corporation, HÖNTZSCH GMBH & CO. KG, Krohne Messtechnik Gmbh, Schneider Electric SE, Azbil Corporation, Badger Meter Inc., Seametrics Inc, Thermal Instruments Co., Katronic Technologies Ltd., Flow Meter Group, Litre Meter Limited., Baker Hughes Company, PARKER HANNIFIN CORP, Sensirion AG, SICK AG, Equflow, KEM, Landis+Gyr., KEYENCE CORPORATION, Sierra Instruments Inc, Max Machinery, Inc., and Others 5. What is the study period of this market? Ans: The Global Flow Meter Market is studied from 2023 to 2030.
1. Flow Meter Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Flow Meter Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Products specific analysis 2.5. Key Players Benchmarking 2.5.1. Company Name 2.5.2. Company Location 2.5.3. Product Segment 2.5.4. End-user Segment 2.5.5. Revenue (2023) 2.5.6. Growth Rate (Y-O-Y in %) 2.5.7. Key Development 2.5.8. Market Share 2.6. Industry Ecosystem 2.7. Market Structure 2.7.1. Market Leaders 2.7.2. Market Followers 2.7.3. Emerging Players 2.8. Consolidation of the Market 2.8.1. Strategic Initiatives and Developments 2.8.2. Mergers and Acquisitions 2.8.3. Collaborations and Partnerships 2.8.4. Product Launches and Innovations 3. Flow Meter Market: Dynamics 3.1. Flow Meter Market Trends 3.2. Flow Meter Market Dynamics 3.2.1. Drivers 3.2.2. Restraints 3.2.3. Opportunities 3.2.4. Challenges 3.3. PORTER’s Five Forces Analysis 3.3.1. Threat of New Entrants 3.3.2. Threat of Substitutes 3.3.3. Bargaining Power of Suppliers 3.3.4. Bargaining Power of Buyers 3.3.5. Intensity of Competitive Rivalry 3.4. PESTLE Analysis 3.5. Supply Chain Analysis 3.5.1. Raw Material 3.5.2. Manufacturing Process 3.5.3. Distribution 3.5.4. End-User 3.6. Regulatory Landscape 3.6.1. Regulatory Bodies, Government Agencies, and Other Organizations 3.7. The Global Import-Export Analysis 3.8. Price Trend Analysis 3.9. Patent Analysis 4. Flow Meter Market: Global Market Size and Forecast by Segmentation (by Value in USD Billion) (2023-2030) 4.1. Flow Meter Market Size and Forecast, by Type (2023-2030) 4.1.1. Differential Pressure Flow Meter 4.1.2. Positive Displacement Flow Meter 4.1.3. Magnetic Flow Meter 4.1.4. Ultrasonic Flow Meter 4.1.5. Coriolis Flow Meter 4.1.6. Others 4.2. Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 4.2.1. Water and Wastewater 4.2.2. Oil and Gas 4.2.3. Chemicals 4.2.4. Power Generation 4.2.5. Pulp and Paper 4.2.6. Food and Beverages 4.2.7. Others 4.3. Flow Meter Market Size and Forecast, by Region (2023-2030) 4.3.1. North America 4.3.2. Europe 4.3.3. Asia Pacific 4.3.4. Middle East and Africa 4.3.5. South America 5. North America Flow Meter Market Size and Forecast by Segmentation (by Value in USD Billion ) (2023-2030) 5.1. North America Flow Meter Market Size and Forecast, by Type (2023-2030) 5.1.1. Differential Pressure Flow Meter 5.1.2. Positive Displacement Flow Meter 5.1.3. Magnetic Flow Meter 5.1.4. Ultrasonic Flow Meter 5.1.5. Coriolis Flow Meter 5.1.6. Others 5.2. North America Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 5.2.1. Metallic Soap Thickener 5.2.2. Non-Soap Thickener 5.2.3. Inorganic Thickener 5.2.4. Others 5.3. North America Flow Meter Market Size and Forecast, by Country (2023-2030) 5.3.1. United States 5.3.1.1. United States Flow Meter Market Size and Forecast, by Type (2023-2030) 5.3.1.1.1. Differential Pressure Flow Meter 5.3.1.1.2. Positive Displacement Flow Meter 5.3.1.1.3. Magnetic Flow Meter 5.3.1.1.4. Ultrasonic Flow Meter 5.3.1.1.5. Coriolis Flow Meter 5.3.1.1.6. Others 5.3.1.2. United States Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 5.3.1.2.1. Water and Wastewater 5.3.1.2.2. Oil and Gas 5.3.1.2.3. Chemicals 5.3.1.2.4. Power Generation 5.3.1.2.5. Pulp and Paper 5.3.1.2.6. Food and Beverages 5.3.1.2.7. Others 5.3.2. Canada 5.3.2.1. Canada Flow Meter Market Size and Forecast, by Type (2023-2030) 5.3.2.1.1. Differential Pressure Flow Meter 5.3.2.1.2. Positive Displacement Flow Meter 5.3.2.1.3. Magnetic Flow Meter 5.3.2.1.4. Ultrasonic Flow Meter 5.3.2.1.5. Coriolis Flow Meter 5.3.2.1.6. Others 5.3.2.2. Canada Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 5.3.2.2.1. Water and Wastewater 5.3.2.2.2. Oil and Gas 5.3.2.2.3. Chemicals 5.3.2.2.4. Power Generation 5.3.2.2.5. Pulp and Paper 5.3.2.2.6. Food and Beverages 5.3.2.2.7. Others 5.3.3. Mexico 5.3.3.1. Mexico Flow Meter Market Size and Forecast, by Type (2023-2030) 5.3.3.1.1. Differential Pressure Flow Meter 5.3.3.1.2. Positive Displacement Flow Meter 5.3.3.1.3. Magnetic Flow Meter 5.3.3.1.4. Ultrasonic Flow Meter 5.3.3.1.5. Coriolis Flow Meter 5.3.3.1.6. Others 5.3.3.2. Mexico Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 5.3.3.2.1. Water and Wastewater 5.3.3.2.2. Oil and Gas 5.3.3.2.3. Chemicals 5.3.3.2.4. Power Generation 5.3.3.2.5. Pulp and Paper 5.3.3.2.6. Food and Beverages 5.3.3.2.7. Others 6. Europe Flow Meter Market Size and Forecast by Segmentation (by Value in USD Billion ) (2023-2030) 6.1. Europe Flow Meter Market Size and Forecast, by Type (2023-2030) 6.2. Europe Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 6.3. Europe Flow Meter Market Size and Forecast, by Country (2023-2030) 6.3.1. United Kingdom 6.3.1.1. United Kingdom Flow Meter Market Size and Forecast, by Type (2023-2030) 6.3.1.2. United Kingdom Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 6.3.2. France 6.3.2.1. France Flow Meter Market Size and Forecast, by Type (2023-2030) 6.3.2.2. France Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 6.3.2.3. France Flow Meter Market Size and Forecast, by Application (2023-2030) 6.3.3. Germany 6.3.3.1. Germany Flow Meter Market Size and Forecast, by Type (2023-2030) 6.3.3.2. Germany Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 6.3.4. Italy 6.3.4.1. Italy Flow Meter Market Size and Forecast, by Type (2023-2030) 6.3.4.2. Italy Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 6.3.5. Spain 6.3.5.1. Spain Flow Meter Market Size and Forecast, by Type (2023-2030) 6.3.5.2. Spain Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 6.3.6. Sweden 6.3.6.1. Sweden Flow Meter Market Size and Forecast, by Type (2023-2030) 6.3.6.2. Sweden Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 6.3.7. Russia 6.3.7.1. Russia Flow Meter Market Size and Forecast, by Type (2023-2030) 6.3.7.2. Russia Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 6.3.8. Rest of Europe 6.3.8.1. Rest of Europe Flow Meter Market Size and Forecast, by Type (2023-2030) 6.3.8.2. Rest of Europe Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 7. Asia Pacific Flow Meter Market Size and Forecast by Segmentation (by Value in USD Billion ) (2023-2030) 7.1. Asia Pacific Flow Meter Market Size and Forecast, by Type (2023-2030) 7.2. Asia Pacific Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 7.3. Asia Pacific Flow Meter Market Size and Forecast, by Industry (2023-2030) 7.4. Asia Pacific Flow Meter Market Size and Forecast, by Country (2023-2030) 7.4.1. China 7.4.1.1. China Flow Meter Market Size and Forecast, by Type (2023-2030) 7.4.1.2. China Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 7.4.2. S Korea 7.4.2.1. S Korea Flow Meter Market Size and Forecast, by Type (2023-2030) 7.4.2.2. S Korea Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 7.4.3. Japan 7.4.3.1. Japan Flow Meter Market Size and Forecast, by Type (2023-2030) 7.4.3.2. Japan Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 7.4.4. India 7.4.4.1. India Flow Meter Market Size and Forecast, by Type (2023-2030) 7.4.4.2. India Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 7.4.5. Australia 7.4.5.1. Australia Flow Meter Market Size and Forecast, by Type (2023-2030) 7.4.5.2. Australia Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 7.4.6. ASEAN 7.4.6.1. ASEAN Flow Meter Market Size and Forecast, by Type (2023-2030) 7.4.6.2. ASEAN Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 7.4.7. Rest of Asia Pacific 7.4.7.1. Rest of Asia Pacific Flow Meter Market Size and Forecast, by Type (2023-2030) 7.4.7.2. Rest of Asia Pacific Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 8. Middle East and Africa Flow Meter Market Size and Forecast by Segmentation (by Value in USD Billion ) (2023-2030) 8.1. Middle East and Africa Flow Meter Market Size and Forecast, by Type (2023-2030) 8.2. Middle East and Africa Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 8.3. Middle East and Africa Flow Meter Market Size and Forecast, by Country (2023-2030) 8.3.1. South Africa 8.3.1.1. South Africa Flow Meter Market Size and Forecast, by Type (2023-2030) 8.3.1.2. South Africa Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 8.3.2. GCC 8.3.2.1. GCC Flow Meter Market Size and Forecast, by Type (2023-2030) 8.3.2.2. GCC Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 8.3.3. Rest of ME&A 8.3.3.1. Rest of ME&A Flow Meter Market Size and Forecast, by Type (2023-2030) 8.3.3.2. Rest of ME&A Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 9. South America Flow Meter Market Size and Forecast by Segmentation (by Value in USD Billion ) (2023-2030 9.1. South America Flow Meter Market Size and Forecast, by Type (2023-2030) 9.2. South America Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 9.3. South America Flow Meter Market Size and Forecast, by Country (2023-2030) 9.3.1. Brazil 9.3.1.1. Brazil Flow Meter Market Size and Forecast, by Type (2023-2030) 9.3.1.2. Brazil Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 9.3.2. Argentina 9.3.2.1. Argentina Flow Meter Market Size and Forecast, by Type (2023-2030) 9.3.2.2. Argentina Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 9.3.3. Rest Of South America 9.3.3.1. Rest Of South America Flow Meter Market Size and Forecast, by Type (2023-2030) 9.3.3.2. Rest Of South America Flow Meter Market Size and Forecast, by End-User Industry (2023-2030) 10. Company Profile: Key Players 10.1. Honeywell 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Siemens 10.3. Emerson Electric Co. 10.4. ABB Ltd. 10.5. Yokogawa Electric 10.6. em-tec GmbH 10.7. Endress+Hausar AG 10.8. General Electric 10.9. Hitachi High-Tech Corporation 10.10. HÖNTZSCH GMBH & CO. KG 10.11. Krohne Messtechnik Gmbh 10.12. Schneider Electric SE 10.13. Azbil Corporation 10.14. Badger Meter Inc. 10.15. Seametrics Inc 10.16. Thermal Instruments Co. 10.17. Katronic Technologies Ltd. 10.18. Flow Meter Group 10.19. Litre Meter Limited. 10.20. Baker Hughes Company 10.21. PARKER HANNIFIN CORP 10.22. Sensirion AG 10.23. SICK AG 10.24. Equflow 10.25. KEM 10.26. KEYENCE CORPORATION 10.27. Sierra Instruments Inc 10.28. Max Machinery, Inc. 10.29. Others 11. Key Findings & Analyst Recommendations 12. Flow Meter Market: Research Methodology 12.1.1. Top-Down Approach 12.1.2. Bottom-up Approach
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