Flow Meter Market to grow by USD 3.09 billion from 2022 to 2027 | Benefits associated with flow meters to boost market growth – Technavio

webnexttech | Flow Meter Market to grow by USD 3.09 billion from 2022 to 2027 | Benefits associated with flow meters to boost market growth - Technavio

NEW YORK, July 7, 2023 /PRNewswire/ — The flow meter market size is set to grow by USD 3.09 billion between 2022 and 2027 and register at an accelerating CAGR of 6.4%, according to Technavio’s latest market research report estimates.With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by way of synthesis, and summation of data from multiple sources.
This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.
Read our Sample Report The report also covers the following areas: Flow Meter Market size Flow Meter Market trends Flow Meter Market industry analysis Flow Meter Market 2023-2027: Segmentation The flow meter market is segmented as follows: End-user Industrial Commercial Residential Type Ultrasonic Magnetic Differential Pressure Others Geography Europe North America APAC South America Middle East And Africa The market share growth by the industrial segment will be significant during the forecast period.
There is an increasing demand for flow meters from several industries.
Factors such as rising investments in industries in regions such as APAC and the Middle East are expected to significantly contribute to the growth of the segment.
Some of the key industrial segments which widely use flow meters include water and wastewater, oil and gas, chemical, power generation, food and beverage, paper and printing, and others.
Hence, such factors are expected to drive the market growth during the forecast period.
Detail Insights on the impact of each segment and make informed business decisions, request a sample report now!
Flow Meter Market 2023-2027: Vendor Analysis and Scope The market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
ABB Ltd., Apator SA, Azbil Corp., Badger Meter Inc., Electronet Equipments Pvt.
Ltd., Emerson Electric Co., Endress Hauser Group Services AG, Forbes Marshall Pvt.
Ltd, General Electric Co., KROHNE Messtechnik GmbH, Landis Gyr AG, Max Machinery Inc., Omega Engineering Inc., Osaki Electric Co.
Ltd., SICK AG, Toshiba Corp., Yokogawa Electric Corp., Honeywell International Inc., Schneider Electric SE, and Siemens AG are some of the major market participants.
Vendor Offerings ABB Ltd: The company offers flow meters such as process industry meters and water and wastewater meters.
Apator SA: The company offers flow meters such as process industry meters and water and wastewater meters.
Electronet Equipments Pvt.
Ltd: The company offers flow meters such as electromagnetic, solar-powered electromagnetic, and battery-powered electromagnetic.
Flow Meter Market 2023-2027: Market Dynamics Key Drivers The benefits associated with flow meters drive the global flow meter market growth.
There is an increasing use of flow meters in different end-user industries due to their several benefits such as universities, housing projects, etc.
Flow meters are widely used for educational purposes in university science and engineering programs.
It is also utilized to track the amount of water used in housing projects.
Besides measurement, flow meters are used to control the velocity of fluids as well as prevent the loss of water by detecting leaks in pipelines.
Hence, such benefits are expected to drive market growth during the forecast period.
Major Trends The advancement of integrated DP flow meter solutions is a primary trend shaping the market.
One of the recent developments in the global flow meter market is the rapid advancement of integrated DP flow meter solutions by Emerson Electric.
The integrated DP flow meter is a combination of existing advances and patented technologies that offers several benefits such as streamlined installation, reduced downtime, and elimination of required straight-run piping for end-users with hydrocarbon and other harsh environment applications.
Hence, such benefits are expected to drive market growth during the forecast period.
Significant Challenges The fluctuations in the prices of crude oil can hinder the global flow meter market growth.
Flow meters are one of the crucial components in the oil and gas industry as they are widely used in refineries and gas processing plants.
Some of the types of flow meters, such as Coriolis, ultrasonic, vortex, and turbine meters, are used in gas and liquid flow in in-plant measurement.
The fluctuating oil prices have a significant effect on the oil and gas industry which can negatively impact the demand for flow meters in these industries.
Factors such as the rapid fall in crude oil prices leading to a massive withdrawal of investments are expected to hinder market growth during the forecast period.
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– Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession Global competitiveness and key competitor positions Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report!
Flow Meter Market 2023-2027: Key Highlights CAGR of the market during the forecast period 2023-2027 Detailed information on factors that will assist flow meter market growth during the next five years Estimation of the flow meter market size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the flow meter market Analysis of the market’s competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of flow meter market vendors Gain instant access to 17,000+ market research reports.
Technavio’s SUBSCRIPTION platform Related Reports:The urine flow meters market size is expected to increase to USD 29.61 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.7%.
The report extensively covers urine flow meters market segmentation by type (wired urine flow meters and wireless urine flow meters) and geography (North America, Europe, Asia, and the Rest of the World (ROW) ).
The increasing number of uroflowmetry tests owing to the rise in urinary problems is one of the key drivers supporting the urine flow meters market growth.
The vortex flowmeter market size is expected to rise to USD 130.71 million by 2026 and at a progressing CAGR of 5.44%.
Furthermore, this report extensively covers vortex flowmeter market segmentation by end-user (oil and gas industry, power industry, chemical and petrochemical industry, food and beverage industry, and others) and geography (Europe, APAC, North America, South America, and Middle East and Africa).
One of the key factors driving the global vortex flowmeter market growth is the expansion of oil terminals.
Table of Contents 1 Executive Summary 1.1 Market overview Exhibit 01: Executive Summary – Chart on Market Overview Exhibit 02: Executive Summary – Data Table on Market Overview Exhibit 03: Executive Summary – Chart on Global Market Characteristics Exhibit 04: Executive Summary – Chart on Market by Geography Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user Exhibit 06: Executive Summary – Chart on Market Segmentation by Type Exhibit 07: Executive Summary – Chart on Incremental Growth Exhibit 08: Executive Summary – Data Table on Incremental Growth Exhibit 09: Executive Summary – Chart on Vendor Market Positioning 2 Market Landscape 2.1 Market ecosystem Exhibit 10: Parent market Exhibit 11: Market Characteristics 3 Market Sizing 3.1 Market definition Exhibit 12: Offerings of vendors included in the market definition 3.2 Market segment analysis Exhibit 13: Market segments 3.3 Market size 2022 3.4 Market outlook: Forecast for 2022-2027 Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million) Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million) Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%) Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%) 4 Historic Market Size 4.1 Global flow meter market 2017 – 2021 Exhibit 18: Historic Market Size – Data Table on Global flow meter market 2017 – 2021 ($ million) 4.2 End user Segment Analysis 2017 – 2021 Exhibit 19: Historic Market Size – End user Segment 2017 – 2021 ($ million) 4.3 Type Segment Analysis 2017 – 2021 Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million) 4.4 Geography Segment Analysis 2017 – 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million) 4.5 Country Segment Analysis 2017 – 2021 Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million) 5 Five Forces Analysis 5.1 Five forces summary Exhibit 23: Five forces analysis – Comparison between 2022 and 2027 5.2 Bargaining power of buyers Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027 5.3 Bargaining power of suppliers Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027 5.4 Threat of new entrants Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027 5.5 Threat of substitutes Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027 5.6 Threat of rivalry Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027 5.7 Market condition Exhibit 29: Chart on Market condition – Five forces 2022 and 2027 6 Market Segmentation by End-user 6.1 Market segments Exhibit 30: Chart on End-user – Market share 2022-2027 (%) Exhibit 31: Data Table on End-user – Market share 2022-2027 (%) 6.2 Comparison by End-user Exhibit 32: Chart on Comparison by End-user Exhibit 33: Data Table on Comparison by End-user 6.3 Industrial – Market size and forecast 2022-2027 Exhibit 34: Chart on Industrial – Market size and forecast 2022-2027 ($ million) Exhibit 35: Data Table on Industrial – Market size and forecast 2022-2027 ($ million) Exhibit 36: Chart on Industrial – Year-over-year growth 2022-2027 (%) Exhibit 37: Data Table on Industrial – Year-over-year growth 2022-2027 (%) 6.4 Commercial – Market size and forecast 2022-2027 Exhibit 38: Chart on Commercial – Market size and forecast 2022-2027 ($ million) Exhibit 39: Data Table on Commercial – Market size and forecast 2022-2027 ($ million) Exhibit 40: Chart on Commercial – Year-over-year growth 2022-2027 (%) Exhibit 41: Data Table on Commercial – Year-over-year growth 2022-2027 (%) 6.5 Residential – Market size and forecast 2022-2027 Exhibit 42: Chart on Residential – Market size and forecast 2022-2027 ($ million) Exhibit 43: Data Table on Residential – Market size and forecast 2022-2027 ($ million) Exhibit 44: Chart on Residential – Year-over-year growth 2022-2027 (%) Exhibit 45: Data Table on Residential – Year-over-year growth 2022-2027 (%) 6.6 Market opportunity by End-user Exhibit 46: Market opportunity by End-user ($ million) 7 Market Segmentation by Type 7.1 Market segments Exhibit 47: Chart on Type – Market share 2022-2027 (%) Exhibit 48: Data Table on Type – Market share 2022-2027 (%) 7.2 Comparison by Type Exhibit 49: Chart on Comparison by Type Exhibit 50: Data Table on Comparison by Type 7.3 Ultrasonic – Market size and forecast 2022-2027 Exhibit 51: Chart on Ultrasonic – Market size and forecast 2022-2027 ($ million) Exhibit 52: Data Table on Ultrasonic – Market size and forecast 2022-2027 ($ million) Exhibit 53: Chart on Ultrasonic – Year-over-year growth 2022-2027 (%) Exhibit 54: Data Table on Ultrasonic – Year-over-year growth 2022-2027 (%) 7.4 Magnetic – Market size and forecast 2022-2027 Exhibit 55: Chart on Magnetic – Market size and forecast 2022-2027 ($ million) Exhibit 56: Data Table on Magnetic – Market size and forecast 2022-2027 ($ million) Exhibit 57: Chart on Magnetic – Year-over-year growth 2022-2027 (%) Exhibit 58: Data Table on Magnetic – Year-over-year growth 2022-2027 (%) 7.5 Differential pressure – Market size and forecast 2022-2027 Exhibit 59: Chart on Differential pressure – Market size and forecast 2022-2027 ($ million) Exhibit 60: Data Table on Differential pressure – Market size and forecast 2022-2027 ($ million) Exhibit 61: Chart on Differential pressure – Year-over-year growth 2022-2027 (%) Exhibit 62: Data Table on Differential pressure – Year-over-year growth 2022-2027 (%) 7.6 Others – Market size and forecast 2022-2027 Exhibit 63: Chart on Others – Market size and forecast 2022-2027 ($ million) Exhibit 64: Data Table on Others – Market size and forecast 2022-2027 ($ million) Exhibit 65: Chart on Others – Year-over-year growth 2022-2027 (%) Exhibit 66: Data Table on Others – Year-over-year growth 2022-2027 (%) 7.7 Market opportunity by Type Exhibit 67: Market opportunity by Type ($ million) 8 Customer Landscape 8.1 Customer landscape overview Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria 9 Geographic Landscape 9.1 Geographic segmentation Exhibit 69: Chart on Market share by geography 2022-2027 (%) Exhibit 70: Data Table on Market share by geography 2022-2027 (%) 9.2 Geographic comparison Exhibit 71: Chart on Geographic comparison Exhibit 72: Data Table on Geographic comparison 9.3 Europe – Market size and forecast 2022-2027 Exhibit 73: Chart on Europe – Market size and forecast 2022-2027 ($ million) Exhibit 74: Data Table on Europe – Market size and forecast 2022-2027 ($ million) Exhibit 75: Chart on Europe – Year-over-year growth 2022-2027 (%) Exhibit 76: Data Table on Europe – Year-over-year growth 2022-2027 (%) 9.4 North America – Market size and forecast 2022-2027 Exhibit 77: Chart on North America – Market size and forecast 2022-2027 ($ million) Exhibit 78: Data Table on North America – Market size and forecast 2022-2027 ($ million) Exhibit 79: Chart on North America – Year-over-year growth 2022-2027 (%) Exhibit 80: Data Table on North America – Year-over-year growth 2022-2027 (%) 9.5 APAC – Market size and forecast 2022-2027 Exhibit 81: Chart on APAC – Market size and forecast 2022-2027 ($ million) Exhibit 82: Data Table on APAC – Market size and forecast 2022-2027 ($ million) Exhibit 83: Chart on APAC – Year-over-year growth 2022-2027 (%) Exhibit 84: Data Table on APAC – Year-over-year growth 2022-2027 (%) 9.6 South America – Market size and forecast 2022-2027 Exhibit 85: Chart on South America – Market size and forecast 2022-2027 ($ million) Exhibit 86: Data Table on South America – Market size and forecast 2022-2027 ($ million) Exhibit 87: Chart on South America – Year-over-year growth 2022-2027 (%) Exhibit 88: Data Table on South America – Year-over-year growth 2022-2027 (%) 9.7 Middle East and Africa – Market size and forecast 2022-2027 Exhibit 89: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million) Exhibit 90: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million) Exhibit 91: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%) Exhibit 92: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%) 9.8 Germany – Market size and forecast 2022-2027 Exhibit 93: Chart on Germany – Market size and forecast 2022-2027 ($ million) Exhibit 94: Data Table on Germany – Market size and forecast 2022-2027 ($ million) Exhibit 95: Chart on Germany – Year-over-year growth 2022-2027 (%) Exhibit 96: Data Table on Germany – Year-over-year growth 2022-2027 (%) 9.9 US – Market size and forecast 2022-2027 Exhibit 97: Chart on US – Market size and forecast 2022-2027 ($ million) Exhibit 98: Data Table on US – Market size and forecast 2022-2027 ($ million) Exhibit 99: Chart on US – Year-over-year growth 2022-2027 (%) Exhibit 100: Data Table on US – Year-over-year growth 2022-2027 (%) 9.10 UK – Market size and forecast 2022-2027 Exhibit 101: Chart on UK – Market size and forecast 2022-2027 ($ million) Exhibit 102: Data Table on UK – Market size and forecast 2022-2027 ($ million) Exhibit 103: Chart on UK – Year-over-year growth 2022-2027 (%) Exhibit 104: Data Table on UK – Year-over-year growth 2022-2027 (%) 9.11 China – Market size and forecast 2022-2027 Exhibit 105: Chart on China – Market size and forecast 2022-2027 ($ million) Exhibit 106: Data Table on China – Market size and forecast 2022-2027 ($ million) Exhibit 107: Chart on China – Year-over-year growth 2022-2027 (%) Exhibit 108: Data Table on China – Year-over-year growth 2022-2027 (%) 9.12 India – Market size and forecast 2022-2027 Exhibit 109: Chart on India – Market size and forecast 2022-2027 ($ million) Exhibit 110: Data Table on India – Market size and forecast 2022-2027 ($ million) Exhibit 111: Chart on India – Year-over-year growth 2022-2027 (%) Exhibit 112: Data Table on India – Year-over-year growth 2022-2027 (%) 9.13 Market opportunity by geography Exhibit 113: Market opportunity by geography ($ million) 10 Drivers, Challenges, and Trends 10.1 Market drivers 10.2 Market challenges 10.3 Impact of drivers and challenges Exhibit 114: Impact of drivers and challenges in 2022 and 2027 10.4 Market trends 11 Vendor Landscape 11.1 Overview 11.2 Vendor landscape Exhibit 115: Overview on Criticality of inputs and Factors of differentiation 11.3 Landscape disruption Exhibit 116: Overview on factors of disruption 11.4 Industry risks Exhibit 117: Impact of key risks on business 12 Vendor Analysis 12.1 Vendors covered Exhibit 118: Vendors covered 12.2 Market positioning of vendors Exhibit 119: Matrix on vendor position and classification 12.3 ABB Ltd.
Exhibit 120: ABB Ltd.
– Overview Exhibit 121: ABB Ltd.
– Business segments Exhibit 122: ABB Ltd.
– Key offerings Exhibit 123: ABB Ltd.
– Segment focus 12.4 Apator SA Exhibit 124: Apator SA – Overview Exhibit 125: Apator SA – Product / Service Exhibit 126: Apator SA – Key offerings 12.5 Electronet Equipments Pvt.
Ltd.
Exhibit 127: Electronet Equipments Pvt.
Ltd.
– Overview Exhibit 128: Electronet Equipments Pvt.
Ltd.
– Product / Service Exhibit 129: Electronet Equipments Pvt.
Ltd.
– Key offerings 12.6 Emerson Electric Co.
Exhibit 130: Emerson Electric Co.
– Overview Exhibit 131: Emerson Electric Co.
– Business segments Exhibit 132: Emerson Electric Co.
– Key news Exhibit 133: Emerson Electric Co.
– Key offerings Exhibit 134: Emerson Electric Co.
– Segment focus 12.7 General Electric Co.
Exhibit 135: General Electric Co.
– Overview Exhibit 136: General Electric Co.
– Business segments Exhibit 137: General Electric Co.
– Key news Exhibit 138: General Electric Co.
– Key offerings Exhibit 139: General Electric Co.
– Segment focus 12.8 Honeywell International Inc.
Exhibit 140: Honeywell International Inc.
– Overview Exhibit 141: Honeywell International Inc.
– Business segments Exhibit 142: Honeywell International Inc.
– Key news Exhibit 143: Honeywell International Inc.
– Key offerings Exhibit 144: Honeywell International Inc.
– Segment focus 12.9 KROHNE Messtechnik GmbH Exhibit 145: KROHNE Messtechnik GmbH – Overview Exhibit 146: KROHNE Messtechnik GmbH – Product / Service Exhibit 147: KROHNE Messtechnik GmbH – Key offerings 12.10 Landis Gyr AG Exhibit 148: Landis Gyr AG – Overview Exhibit 149: Landis Gyr AG – Business segments Exhibit 150: Landis Gyr AG – Key news Exhibit 151: Landis Gyr AG – Key offerings Exhibit 152: Landis Gyr AG – Segment focus 12.11 Max Machinery Inc.
Exhibit 153: Max Machinery Inc.
– Overview Exhibit 154: Max Machinery Inc.
– Product / Service Exhibit 155: Max Machinery Inc.
– Key offerings 12.12 Omega Engineering Inc.
Exhibit 156: Omega Engineering Inc.
– Overview Exhibit 157: Omega Engineering Inc.
– Product / Service Exhibit 158: Omega Engineering Inc.
– Key offerings 12.13 Osaki Electric Co.
Ltd.
Exhibit 159: Osaki Electric Co.
Ltd.
– Overview Exhibit 160: Osaki Electric Co.
Ltd.
– Business segments Exhibit 161: Osaki Electric Co.
Ltd.
– Key offerings Exhibit 162: Osaki Electric Co.
Ltd.
– Segment focus 12.14 Schneider Electric SE Exhibit 163: Schneider Electric SE – Overview Exhibit 164: Schneider Electric SE – Business segments Exhibit 165: Schneider Electric SE – Key news Exhibit 166: Schneider Electric SE – Key offerings Exhibit 167: Schneider Electric SE – Segment focus 12.15 SICK AG Exhibit 168: SICK AG – Overview Exhibit 169: SICK AG – Business segments Exhibit 170: SICK AG – Key offerings Exhibit 171: SICK AG – Segment focus 12.16 Siemens AG Exhibit 172: Siemens AG – Overview Exhibit 173: Siemens AG – Business segments Exhibit 174: Siemens AG – Key news Exhibit 175: Siemens AG – Key offerings Exhibit 176: Siemens AG – Segment focus 12.17 Yokogawa Electric Corp.
Exhibit 177: Yokogawa Electric Corp.
– Overview Exhibit 178: Yokogawa Electric Corp.
– Business segments Exhibit 179: Yokogawa Electric Corp.
– Key offerings Exhibit 180: Yokogawa Electric Corp.
– Segment focus 13 Appendix 13.1 Scope of the report 13.2 Inclusions and exclusions checklist Exhibit 181: Inclusions checklist Exhibit 182: Exclusions checklist 13.3 Currency conversion rates for US$ Exhibit 183: Currency conversion rates for US$ 13.4 Research methodology Exhibit 184: Research methodology Exhibit 185: Validation techniques employed for market sizing Exhibit 186: Information sources 13.5 List of abbreviations Exhibit 187: List of abbreviations About Us Technavio is a leading global technology research and advisory company.
Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries.
Their client base comprises enterprises of all sizes, including over 100 Fortune 500 companies.
This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]: www.technavio.com View original content to download multimedia:https://www.prnewswire.com/news-releases/flow-meter-market-to-grow-by-usd-3-09-billion-from-2022-to-2027–benefits-associated-with-flow-meters-to-boost-market-growth—technavio-301871325.html SOURCE Technavio Source link The content is by PR Newswire.
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