The Flow Meter Global Market Report 2023, provides comprehensive information on the flow meter market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/flow-meter-global-market-report
The global flow meter market size is expected to grow from $8.23 billion in 2022 to $8.69 billion in 2023 at a compound annual growth rate (CAGR) of 5.59%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global flow meter market size is expected to reach $11.12 billion in 2027 at a CAGR of 6.35%.
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Technological advancement is a key trend gaining popularity in the flow meter market. Major companies operating in the flow meter market are focused on developing innovative solutions to strengthen their position in the market. For instance, in May 2022, SONOTEC, a Germany-based technology company specializing in ultrasonic testing solutions, including flow meters, launched SONOFLOW CO.55, a high-accuracy clamp-on flow meter that uses ultrasonic technology to measure flow rates, and its clamp-on design enables easy installation and maintenance without requiring any interruptions to the flow system, eliminating any risk of contamination. These reusable, non-invasive sensors are suitable for implementation in both single-use and hybrid environments within the bioprocessing industry.
The flow meter market is segmented:
1) By ype: Differential Pressure, Positive Displacement, Ultrasonic, Turbine, Magnetic, Coriolis, Vortex, Other Types
2) By Power Type: Electric, Solar, Battery Powered
3) By Pipe Size: 2 Inches, 4 Inches, 6 Inches, More Than 6 Inches
4) By End User: Water And Waste Water, Refining And Petrochemical, Oil And Gas, Chemical, Power Generation, Pulp And Paper, Food And Beverage, Pharmaceutical, Metals And Mining, Other End Users
North America was the largest region in the flow meter market in 2022.
The table of contents in TBRC’s flow meter market report includes:
1. Executive Summary
2. Flow Meter Market Characteristics
3. Flow Meter Market Trends And Strategies
4. Flow Meter Market – Macro Economic Scenario
5. Flow Meter Market Size And Growth
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26. Africa Flow Meter Market
27. Flow Meter Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Flow Meter Market
29. Flow Meter Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Endress+Hausar AG
- Honeywell International Inc
- Krohne Messtechnik Gmbh
- Siemens AG
- Yokogawa Electric Corporation
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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