Global Flow Meters Market was valued at USD 6.88 Billion in 2021 and is expected to reach USD 10.64 Billion by the year 2028, at a CAGR of 6.43% .
Flowmeters is also known as flow sensors, are electronic devices that primarily measure or manage the flow rate of liquids and gasses within the pipes and tubes. The sensors are normally connected to the gauges to render their measurements; nevertheless, they can also be connected to computers and digital interfaces. In addition, they are also used in HVAC systems, medical devices, chemical factories, and septic systems. These meters can especially measure leaks, blockages, pipe bursts, and switching in the liquid concentration, due to any abomination or pollution. They measure the flow rate of a fluid, liquid, or gas when it passes through a confined transmission system. There are various principles of flow meters, such as orifice meters, venturi meters, rotameters, flow nozzles, and others.
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The latest research on the Flow Meters Market provides a comprehensive overview of the market. It gives a comprehensive picture of the global Flow Meters industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Flow Meters Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
The Major Players in The Flow Meters Market Include:
- ABB Ltd
- Siemens AG
- Bronkhorst High-Tech BV
- Honeywell International Inc.
- Emerson Electric Co.
- SICK AG
- Omega Engineering Inc. (Spectris PLC)
- Christian Bürkert GmbH & Co. KG
- TSI Incorporated
- Keyence Corporation
- Sensirion AG
- Azbil Corporation
- Endress+Hauser AG
- KROHNE Messtechnik GmbH and Other major Players.
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Market has segmented the global Flow Meters Market on the basis of type, application, and region:
- Differential Pressure
- Oil & Gas
- Water & Wastewater
- Chemical & Petrochemical
- Food & Beverage
- Power Generation
- Pulp & Paper
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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Covid-19 Impact Analysis On Automation as a Service Market
The outbreak of COVID-19 around the globe has significantly disrupted the supply chain and production in various industrial process sectors. This also impacted the studied market, especially in the first half of 2020. However, the pandemic also expanded the scope of industrial automation and advance measurement solutions to enhance efficiency, and also, due to the increasing safety concerns. Flow meters witnessed a surge in demand for measuring purified water on the company’s COVID-19 vaccine line.
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Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
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