Global Flow Meter Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global flow meter market in its upcoming report titled, “Global Flow Meter Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global flow meter market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The flow meter market report has been segmented on the basis of product, application, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

The flow meter is a device used to measure the linear, nonlinear, mass or volumetric flow rate of gas or liquid moving through the pipe.

On the basis of product, the magnetic segment is expected to hold major revenue share in the global flow meter market. Magnetic flow meters are used for liquid flow measurement in sectors such as food and beverage, petrochemicals, pulp & paper, and chemicals & petroleum refinement. Moreover, additional opportunities for magnetic flow meters in water & wastewater management, power generation, and oil and gas applications is expected to boost the segment growth over the forecast period.

On the basis of application, water & wastewater segment is estimated to hold major revenue share in the global flow meter market and is expected to maintain its dominance over the forecast period. Rapid urbanization and industrial development across the world, which has triggered the need for water supply and wastewater treatment.

Asia Pacific market is estimated to hold major revenue share in the global flow meter market, in 2017 and is expected to maintain its dominance over the forecast period. Growing investments in water & wastewater treatment, chemicals, refining, power generation and infrastructure activities in emerging economies in the region such as India and China is expected to drive Asia Pacific flow meter market. Increasing population in the region is expected to boost the demand for water & wastewater, which in turn is anticipated to drive the region growth over the forecast period. The Asia Pacific accounts for the largest revenue share contribution of the target market, followed by markets in North America, Europe, Latin America, and the Middle East & Africa respectively. Moreover, the presence of leading industry participants in the region is expected to fuel Asia Pacific flow meter market growth over the forecast period.

Market segmentation and key players operating in the global flow meter market:

By product:

• Differential Pressure (DP)
• Magnetic
• Ultrasonic
• Positive Displacement (PD)
• Turbine
• Coriolis
• Others (Vortex, Thermal Flow Meters, and Multiphase Flow Meters)

By Application:

• Water & Wastewater
• Chemicals
• Oil & Gas
• Power Generation
• Food & Beverage
• Pharmaceutical
• Pulp & Paper
• Others (Refining & Petrochemical, and Metals & Mining)

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa