Flow Meter Market Report, Industry Trends, Growth, Share, Size and Forecast

Global Flow Meter Market Report, Industry Trends, Growth, Share and Forecast Till 2023

Copyright © IMARC Service Pvt Ltd. All Rights Reserved

About IMARC Group

Report Description

IMARC is a leading advisor on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations.

Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Description and Highlights

Report Description

Flow Meter Market Report By Product Type (Analog Flow Meter and Smart Flow Meter), Application (Residential, Industrial and Commercial), Region Over the past few years, the global flow meter market has witnessed a healthy growth due to the growing adoption of flow meters in industries like gas, water, pulp and paper, HVAC, automotive, food processing, and petroleum.

Market Overview: According to the latest report by IMARC Group, entitled “Flow Meter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global flow meter market reached a value of US$ 6 Billion in 2017. A flow meter, popularly known as a flow gauge, refers to an electronic device used for measuring the quantity and flow rate of a liquid, gas or vapor. Flow meters are widely used for computing household utility consumption, flare management in refineries and measuring the flow of oil, fuel, water, paint and chemicals. Their performance relies on factors such as pressure, temperature, viscosity, density and change in the kinetic energy of the matter. Owing to their advantages, flow meters are gaining traction in several end-use industries including gas, pulp and paper, water, HVAC, automotive, food processing, and petroleum.

Report Description and Highlights

Report Description Market Trends:

The installation of flow meters helps in analyzing the incurred cost, reducing energy wastes and taking effective measures for conserving energy. Apart from this, the governments across numerous regions are taking initiatives and implementing regulations which are focusing on energy conservation, thereby promoting the employment of flow meters. Further, in order to expand their consumer-base, the manufacturers are introducing innovative flow meters by using new technologies. For instance, the emergence of the Internet of Things (IoT) has led to the advent of smart flow rate measurement solutions, thereby providing a thrust to the growth of the flow meter market. On account of the aforementioned factors, the market is projected to reach a value of US$ 9 Billion by 2023, expanding at a CAGR of nearly 7% during 2018-2023.

Flow Meter Market Segmentation: Market Segmentation by Product Type o Analog Flow Meter o Smart Flow Meter Request for a sample report: https://www.imarcgroup.com/flow-meter-market/requestsample

Market Forecast

Sample Figure: Global: Flow Meter Market Forecast: Sales Value (in Billion US$), 2018-2023

184.3

191.7

199.3

207.3

2018

2019

2020

2021

215.6

224.2

2022

2023

Market Segmentation

Report Description

Based on products, the market is bifurcated as analog and smart flow meters. Amongst these, analog flow meter represents the most popular product type, holding the majority of the market share.

Market Segmentation by Application • • •

Residential Industrial Commercial

The market is also segregated on the basis of application into residential, industrial and commercial.

Presently, the residential segment dominates the market, representing the largest application area.

Market Segmentation by Region • • • • •

North America Europe Asia Pacific Latin America Middle East and Africa

For more information, click here: https://www.imarcgroup.com/flow-meter-market

Regional Segmentation

North America

Europ e

Asia- Pacific

Latin America

Middle East and Africa

Market Segmentation

Report Description

Region-wise, the market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Currently, North America is the leading market, accounting for the majority of the total share.

Market Segmentation by Imports and Exports • •

Imports by Major Countries Exports by Major Countries

On assessing the import and export scenario of the market, it is found that the United States and Germany are the biggest importer and exporter of flow meters, respectively.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • •

ABB Group Emerson Electric Siemens Schneider Electric Saison Information System Co Ltd

Market Segmentation

Report Description

In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

Team Profile

Team Profile Our Team Comes From Some of the Top Universities Globally.

60% Engineering and Science

5% Others

35% Business Studies

Over 2000 Independent Consultants from different sectors.

Average Experience of 7+ Years

We are the trusted business partners to the

Partial List of Clients world's leading corporates, governments, and A partial List of our Clients institutions

We are the trusted business partners to the

Partial Listworld's of Clients leading corporates, governments, and

A partial List of our Clients

institutions

Report Description and Highlights

Report Description

© 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

Contact Us

FOR MORE DETAILS Visit us at :

https://www.imarcgroup.com Stay With Us:

TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com