A flow meter is an instrument used to measure linear, nonlinear, mass or volumetric flow rate of a liquid or a gas. When choosing flow meters, one should consider such intangible factors as familiarity of plant personnel, their experience with calibration and maintenance, spare parts availability, and mean time between failure history, etc., at the particular plant site.
Nowadays, there are many types of Flow Meters, including Electromagnetic flowmeter, Vortex flowmeter, Liquid turbine flowmeter, Ultrasonic flowmeter, Cone flowmeter, Orifice flowmeter, Metal rotameter, etc. And Coriolis Mass Flowmeters is the main type for Flow Meters, and the Coriolis Mass Flowmeters reached a sales revenue of approximately 1577.46 M USD in 2016, with 33.16% of global sales revenue.
North America has the largest global export quantity and manufacturers in Flow Meters market, while the Europe is the second sales volume market for Flow Meters in 2016. In the industry, Endress+Hauser profits most in 2016 and recent years, while Emerson and Yokogawa ranked 2 and 3.The market share of them is 14.72%, 12.33% and 10.27% in 2016.The gap of market share is keep on enlarged due to different strategy.
Flow Meters technology is very mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.
According to this study, over the next five years the Flow Meters market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 6070 million by 2024, from US$ 4960 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Flow Meters business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Flow Meters market by product type, application, key manufacturers and key regions and countries.
This study considers the Flow Meters value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Electromagnetic Flowmeters
Vortex Flowmeters
Coriolis mass flowmeters
Ultrasonic flowmeter
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Oil Industry
Municipal Water
Chemical Industry
Electricity Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Endress+Hauser Management AG
Emerson Electric
ABB Ltd.
Yokogawa Electric
Krohne Messtechnik GmbH
Honeywell International
Siemens AG
Schneider Electric
Azbil Corporation
Badger Meter
Chongqing Chunayi Automation
Kent Instrument
WELL TECH
Yihuan
Ripeness Sanyuan
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Flow Meters consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Flow Meters market by identifying its various subsegments.
Focuses on the key global Flow Meters manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Flow Meters with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Flow Meters submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Flow Meters . Industry analysis & Market Report on Flow Meters is a syndicated market report, published as Global Flow Meters Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Flow Meters market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.