Flow Meter Market

Report Code CH 2299
Published in Jun, 2024, By MarketsandMarkets™
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Flow Meter Market by Type (Differential Pressure, Positive Displacement, Magnetic (In-line, Insertion, Low Flow), Ultrasonic (Spool piece, Clamp-on, Insertion), Coriolis, Turbine, Vortex), End-use Industry, and Region - Global Forecast to 2029

Overview

The flow meter market size is projected to increase from USD 9.1 billion in 2024 to USD 12.6 billion by 2029, at a CAGR of 6.7%. The global flowmeters market growth is primarily driven by the demand from oil & gas and wastewater treatment industries. Increasing capital expenditure coupled with the expansions in crude oil production capacities and strategic collaboration by the key oil producers in the Middle Eastern countries like Iran, Kuwait, and Iraq is fuelling the market growth. Moreover, the technological advancements in the field of smart & intelligent flow meters in high-end and critical applications are also expected to drive the flow meters market growth during the forecast period.

Attractive Opportunities in the Flow Meter Market

ASIA PACIFIC:

Market growth in the Asia Pacific can be attributed to the rapid industrialization and urbanization.

Growth of this market can be attributed to its extensive applications in water & wastewater sector.

New product launches may offer lucrative opportunities for market players in the coming years.

Market growth in Asia Pacific can be attributed to increasing demand in water & wastewater, and oil & gas industries due to their superior performance.

The flow meter market has growth opportunities in the economies such as China, and India.

Global Flow Meter Market Dynamics

DRIVER: Increasing use in oil & gas and water & wastewater industries

The increasing use of flow meters in the oil & gas and water & wastewater industries is a major market driver. In the oil & gas sector, accurate flow measurement is essential for monitoring extraction rates, ensuring efficient transportation through pipelines, and optimizing refining processes. The need for precision and reliability in these operations fuels the demand for advanced flow meters. Similarly, in the water & wastewater industry, flow meters are critical for managing water distribution, monitoring consumption, and ensuring the efficiency of wastewater treatment plants. With growing urbanization and stringent environmental regulations, the demand for reliable and accurate flow measurement solutions in these industries continues to rise, driving the growth of the flow meter market.

RESTRAINT: Compatibility and integration issue

Compatibility and integration issues act as significant restraints in the flow meter market. Many industries utilize diverse systems and technologies, making it challenging to ensure seamless integration of new flow meters with existing infrastructure. Discrepancies in communication protocols, data formats, and software platforms can lead to difficulties in data exchange and system interoperability. These challenges often require additional investment in customization and technical support, increasing the overall cost and complexity of deployment. Moreover, the need for specialized expertise to resolve these issues can slow down the adoption of advanced flow measurement solutions. Consequently, these integration challenges hinder the market's growth by complicating the implementation of efficient and cohesive monitoring systems across various industries.

OPPORTUNITY: Increasing capacity expansions and joint venture activities in high-growth markets

The flow meter market is poised for growth due to increasing capacity expansion and joint venture activities in high-growth markets. As industries like oil & gas, chemicals, and water treatment expand their operations to meet rising demand, the need for precise flow measurement solutions intensifies. Companies are investing in new facilities and upgrading existing infrastructure, driving demand for advanced flow meters. Additionally, joint ventures and strategic partnerships enable companies to combine resources, technology, and expertise, facilitating market entry and expansion in emerging regions. These collaborations foster innovation and enhance product offerings, addressing specific industry needs and regional requirements. Consequently, such activities create significant growth opportunities for the flow meter market, particularly in rapidly developing economies.

CHALLENGE: High initial cost of Coriolis and magnetic flow meters

The high initial cost of Coriolis and magnetic flow meters presents a significant challenge in the flow meter market. These advanced flow meters offer superior accuracy, reliability, and versatility, but their sophisticated technology and manufacturing complexity result in higher upfront costs compared to other types of flow meters. For many industries, particularly small and medium-sized enterprises, the substantial investment required can be a barrier to adoption. Additionally, budget constraints in various sectors, especially in developing regions, can limit the deployment of these high-end flow meters. Despite their long-term benefits in terms of efficiency and reduced maintenance, the significant initial expenditure can deter potential buyers, thereby restraining market growth.

Global Flow Meter Market Ecosystem Analysis

Leading companies in this market include well-established flow meter manufacturers. These businesses have been in business for a while and have an extensive range of products, pioneering technologies, and strong international sales and marketing networks. Top companies in this market include Honeywell International Inc. (US), Siemens AG (Germany), Emerson Electric Co. (US), ABB Ltd. (Switzerland), Yokogawa Electric Corporation (Japan), Azbil Corporation (Japan), Badger Meter, Inc. (US), Endress+Hauser Management AG (Switzerland), Krohne Messtechnik GmbH (Germany), and Schneider Electric (France).

“Based on type, coriolis was the second largest type for flow meter in 2023, in terms of value.”

Coriolis flow meters are the second largest type in 2023 due to their exceptional accuracy and versatility in measuring mass flow and density of liquids and gases. Their ability to provide direct mass flow measurement without the need for additional temperature and pressure compensation makes them highly reliable for various applications. Industries such as oil and gas, chemicals, food and beverage, and pharmaceuticals highly value these features for precise control and monitoring of critical processes. Additionally, the growing emphasis on process optimization, efficiency, and adherence to stringent regulatory standards further drives the demand for Coriolis flow meters, securing their position as a key segment in the flow meter market.

“Based on end-use industry, oil & gas was the second largest application for flow meter in 2023, in terms of value.”

The oil & gas industry is the second largest end-use industry for flow meters in 2023 due to its critical need for precise flow measurement throughout various stages of production, transportation, and refining. Accurate flow metering is essential for monitoring extraction rates, ensuring the integrity and efficiency of pipeline systems, and optimizing refining processes. The industry's reliance on these devices for operational safety, regulatory compliance, and process efficiency drives substantial demand. Additionally, continuous investments in exploration and production activities, coupled with the need for advanced technologies to manage increasingly complex and remote operations, further bolster the use of flow meters in the oil & gas sector, making it a significant end-use industry in the market.

ASIA PACIFIC Region Holds the Largest Share of the Flow Meter Market.

Asia Pacific is the largest region in the flow meter market in 2023 due to its rapid industrialization, urbanization, and infrastructure development. Countries like China and India are experiencing significant growth in sectors such as oil and gas, water and wastewater management, and manufacturing, which heavily rely on precise flow measurement for efficiency and regulatory compliance. Additionally, the increasing investments in energy projects, coupled with the expansion of chemical and petrochemical industries, drive the demand for advanced flow meters. The region's focus on technological advancements and the integration of smart flow measurement solutions further supports its leading position in the flow meter market.

Recent Developments of Flow Meter Market industry

  • In 2021, The company launched a new Rapid Adaptive Measurement software architecture which enables the Roxar 2600 MPFM to do parallel computations at 10Hz and autonomously select the optimal configuration for a particular period. This leads to more automation in operational processes, reducing the need for what previously were manual configuration changes. In 2020, Yokogawa Electric Corporation has acquired all shares of Fluid Imaging Technologies, Inc., which specializes in the development, manufacturing, and sale of flow imaging instrumentation used to perform particle analysis.
  • In 2020, The company announced its introduction of ethernet capability on its ADMAG total insight (TI) AXG series magnetic flow meters in North America. The ethernet bi-directional digital communication performance makes it possible for the field instruments and control devices to handle large data volumes at high speed.

Key Market Players

KEY PLAYERS IN THE Flow Meter Market INCLUDE

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Scope of the Report

Report Attribute Details
Years considered for the study 2018-2029
Base Year 2023
Forecast period 2024–2029
Units considered Value (USD Million)
Segments Type, End-use Industry, and Region
Regions Asia Pacific, North America, Europe, Middle East & Africa, and South America
Companies Honeywell International Inc. (US), Siemens AG (Germany), Emerson Electric Co. (US), ABB Ltd. (Switzerland), Yokogawa Electric Corporation (Japan), Azbil Corporation (Japan), Badger Meter, Inc. (US), Endress+Hauser Management AG (Switzerland), Krohne Messtechnik GmbH (Germany), and Schneider Electric (France).

 

Key Questions Addressed by the Report

What are the major developments impacting the market?
Increasing use in oil & gas and water & wastewater industries is expected to shift market demand.
Who are major players in flow meter market?
Siemens AG (Germany), Emerson Electric Co. (US), ABB Ltd. (Switzerland), Badger Meter, Inc. (US), and Endress+Hauser Management AG (Switzerland).
What is the major end-use industry of flow meter market?
Water & Wastewater and Oil & Gas is the major end-use industry for flow meter market during the forecast period.

 

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Table of Contents

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TITLE
PAGE NO
TABLE OF CONTENTS
 
1 INTRODUCTION 
2 RESEARCH METHODOLOGY 
3 EXECUTIVE SUMMARY 
 
4 PREMIUM INSIGHTS (Page No. - 46)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FLOW METER MARKET 
    4.2 FLOW METER MARKET, BY END-USE INDUSTRY 
    4.3 ASIA PACIFIC: FLOW METER MARKET, BY TYPE AND COUNTRY 
    4.4 FLOW METER MARKET, REGION VS. END-USE INDUSTRY 
    4.5 FLOW METER MARKET, BY REGION 
    4.6 FLOW METER MARKET, BY KEY COUNTRY 
 
5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 49)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           5.2.1 DRIVERS
                    5.2.1.1 Increasing use in oil & gas and water & wastewater industries
                    5.2.1.2 Rising demand for smart and intelligent flow meters in high-end applications
                    5.2.1.3 Stringent regulations on wastewater treatment and increasing capacity additions
                    5.2.1.4 Increasing pharmaceuticals production capacity in Asia Pacific
           5.2.2 RESTRAINTS
                    5.2.2.1 Complexity and maintenance
                    5.2.2.2 Compatibility and integration issues
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increased investments in process automation in India and China
                    5.2.3.2 Increasing capacity expansions and joint venture activities in high-growth markets
           5.2.4 CHALLENGES
                    5.2.4.1 High initial cost of coriolis and magnetic flow meters
                    5.2.4.2 Fit for purpose flow meters lacking in industrial end-use industry
    5.3 PORTER’S FIVE FORCES ANALYSIS 
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF SUPPLIERS
           5.3.4 BARGAINING POWER OF BUYERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
    5.4 MACROECONOMIC INDICATORS 
           5.4.1 GDP TRENDS AND FORECAST OF MOST PROMINENT ECONOMIES
    5.5 SUPPLY CHAIN ANALYSIS 
           5.5.1 RAW MATERIALS
           5.5.2 MANUFACTURING
           5.5.3 DISTRIBUTION NETWORK
           5.5.4 END-USE INDUSTRY
    5.6 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.6.1 KEY STAKEHOLDERS IN BUYING PROCESS
           5.6.2 BUYING CRITERIA
    5.7 PRICING ANALYSIS 
           5.7.1 INDICATIVE SELLING PRICE TREND, BY REGION
    5.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 
           5.8.1 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR FLOW METER
    5.9 ECOSYSTEM ANALYSIS/MARKET MAP 
    5.10 TECHNOLOGY ANALYSIS 
           5.10.1 KEY TECHNOLOGIES
                    5.10.1.1 Electromagnetic flow meter technology
           5.10.2 COMPLIMENTARY TECHNOLOGIES
                    5.10.2.1 Coriolis flow meter technology
    5.11 CASE STUDY ANALYSIS 
           5.11.1 CASE STUDY ON ELECTROMAGNETIC AND ULTRASONIC FLOW METERS USED IN HVAC SYSTEM AND STP
           5.11.2 UTILIZATION OF ULTRASONIC FLOW METERS FOR SAURASHTRA NARMADA AVTARAN IRRIGATION YOJANA (SAUNI YOJANA)
           5.11.3 GRUPO SUZANO USES MAGNETIC FLOW METER TO SOLVE WATER INTAKE PROBLEM AT PULP & PAPER PLANT
    5.12 TRADE ANALYSIS 
           5.12.1 IMPORT SCENARIO
           5.12.2 EXPORT SCENARIO
    5.13 REGULATORY LANDSCAPE 
           5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.14 KEY CONFERENCES AND EVENTS IN 2024–2025 
    5.15 INVESTMENT AND FUNDING SCENARIO 
    5.16 PATENT ANALYSIS 
           5.16.1 APPROACH
           5.16.2 PATENT TYPES
           5.16.3 TOP APPLICANTS
           5.16.4 JURISDICTION ANALYSIS
 
6 FLOW METER MARKET, BY FLUID TYPE (Page No. - 83)
    6.1 INTRODUCTION 
    6.2 LIQUID 
    6.3 GAS 
    6.4 STEAM 
 
7 FLOW METER MARKET, BY TECHNOLOGY (Page No. - 85)
    7.1 INTRODUCTION 
    7.2 ANALOG FLOW METER 
    7.3 DIGITAL FLOW METER 
 
8 FLOW METER MARKET, BY TYPE (Page No. - 86)
    8.1 INTRODUCTION 
    8.2 DIFFERENTIAL PRESSURE 
           8.2.1 HIGH RELIABILITY AND ACCURACY OF DIFFERENTIAL PRESSURE TO DRIVE MARKET
    8.3 POSITIVE DISPLACEMENT 
           8.3.1 GROWING DEMAND IN VARIOUS INDUSTRIES TO DRIVE MARKET
    8.4 ULTRASONIC 
           8.4.1 GROWING NEED FOR EFFICIENT WATER AND ENERGY MANAGEMENT TO DRIVE MARKET
           8.4.2 SPOOL PIECES
           8.4.3 CLAMP-ON ULTRASONIC FLOW METERS
           8.4.4 INSERTION ULTRASONIC FLOW METERS
    8.5 TURBINE 
           8.5.1 INDUSTRIAL AUTOMATION AND PROCESS OPTIMIZATION TO DRIVE MARKET
    8.6 MAGNETIC 
           8.6.1 INCREASING DEMAND FOR CLEAN WATER AND WASTEWATER TREATMENT TO DRIVE MARKET
           8.6.2 IN-LINE MAGNETIC
           8.6.3 INSERTION MAGNETIC
           8.6.4 LOW FLOW MAGNETIC
    8.7 CORIOLIS 
           8.7.1 BROAD RANGE OF APPLICATIONS IN VARIOUS INDUSTRIES TO DRIVE MARKET
    8.8 VORTEX 
           8.8.1 LOW INITIAL SET-UP COST TO DRIVE MARKET
    8.9 OTHER TYPES 
           8.9.1 THERMAL FLOW METERS
           8.9.2 MULTIPHASE FLOW METERS
 
9 FLOW METER MARKET, BY END-USE INDUSTRY (Page No. - 106)
    9.1 INTRODUCTION 
    9.2 WATER & WASTEWATER 
           9.2.1 RISING DEMAND FOR HIGH WATER QUALITY TO DRIVE MARKET
    9.3 REFINING & PETROCHEMICAL 
           9.3.1 DEMAND FOR ACCURATE FLOW MEASUREMENT TO DRIVE MARKET
    9.4 OIL & GAS 
           9.4.1 EXPANSION OF INFRASTRUCTURE AND DIGITALIZING OF PROCESSES TO DRIVE DEMAND
    9.5 CHEMICAL 
           9.5.1 GROWING DEMAND FOR SPECIALTY CHEMICALS TO DRIVE MARKET
    9.6 POWER GENERATION 
           9.6.1 NEED TO MEASURE NON-CONDUCTIVE LIQUIDS USED IN POWER GENERATION TO DRIVE MARKET
    9.7 PULP & PAPER 
           9.7.1 NEED FOR PRESSURE & TEMPERATURE AND PROCESS & INVENTORY LEVEL MEASUREMENTS TO DRIVE MARKET
    9.8 FOOD & BEVERAGE 
           9.8.1 NECESSITY TO COMPLY WITH ENVIRONMENTAL REGULATIONS TO DRIVE DEMAND
    9.9 PHARMACEUTICAL 
           9.9.1 SIGNIFICANT RISE IN PRODUCTION OF PHARMACEUTICALS TO DRIVE DEMAND
    9.10 METALS & MINING 
           9.10.1 WIDE APPLICATIONS IN METALS & MINING INDUSTRY TO DRIVE DEMAND
    9.11 OTHER END-USE INDUSTRIES 
 
10 FLOW METER MARKET, BY REGION (Page No. - 123)
     10.1 INTRODUCTION 
     10.2 ASIA PACIFIC 
             10.2.1 RECESSION IMPACT
             10.2.2 ASIA PACIFIC: FLOW METER MARKET, BY TYPE
             10.2.3 ASIA PACIFIC: FLOW METER MARKET, BY END-USE INDUSTRY
             10.2.4 ASIA PACIFIC: FLOW METER MARKET, BY COUNTRY
                        10.2.4.1 China
                                     10.2.4.1.1 Strong growth of manufacturing sector to drive market
                        10.2.4.2 Japan
                                     10.2.4.2.1 Growing investment in chemical and power generation industries to support market growth
                        10.2.4.3 India
                                     10.2.4.3.1 Growing FDI investments in manufacturing industry to support market growth
                        10.2.4.4 South Korea
                                     10.2.4.4.1 Investments in water & wastewater treatment industry to play key role in market growth
                        10.2.4.5 Malaysia
                                     10.2.4.5.1 Oil & gas industry to play key role in market growth
                        10.2.4.6 Australia & New Zealand
                                     10.2.4.6.1 Fuel industry to drive demand
     10.3 NORTH AMERICA 
             10.3.1 RECESSION IMPACT
             10.3.2 NORTH AMERICA: FLOW METER MARKET, BY TYPE
             10.3.3 NORTH AMERICA: FLOW METER MARKET, BY END-USE INDUSTRY
             10.3.4 NORTH AMERICA: FLOW METER MARKET, BY COUNTRY
                        10.3.4.1 US
                                     10.3.4.1.1 Slump in oil & gas and chemical production to have significant impact on market
                        10.3.4.2 Canada
                                     10.3.4.2.1 Growing government investments in water & wastewater industry to boost market
                        10.3.4.3 Mexico
                                     10.3.4.3.1 Increasing investments in oil & gas and growing food & beverage industry to drive market
     10.4 EUROPE 
             10.4.1 RECESSION IMPACT
             10.4.2 EUROPE: FLOW METER MARKET, BY TYPE
             10.4.3 EUROPE: FLOW METER MARKET, BY END-USE INDUSTRY
             10.4.4 EUROPE: FLOW METER MARKET, BY COUNTRY
                        10.4.4.1 Germany
                                     10.4.4.1.1 Strong economic recovery post-COVID-19 pandemic to favor market growth
                        10.4.4.2 France
                                     10.4.4.2.1 Government initiatives to boost manufacturing sector to support market
                        10.4.4.3 UK
                                     10.4.4.3.1 Growing water treatment and chemical industries to drive demand
                        10.4.4.4 Italy
                                     10.4.4.4.1 Industrial sector to drive flow meter market
                        10.4.4.5 Spain
                                     10.4.4.5.1 Strong focus on revival of economy to propel market
                        10.4.4.6 Scandinavia
                                     10.4.4.6.1 Export-oriented economy to drive market
     10.5 SOUTH AMERICA 
             10.5.1 RECESSION IMPACT
             10.5.2 SOUTH AMERICA: FLOW METER MARKET, BY TYPE
             10.5.3 SOUTH AMERICA: FLOW METER MARKET, BY END-USE INDUSTRY
             10.5.4 SOUTH AMERICA: FLOW METER MARKET, BY COUNTRY
                        10.5.4.1 Brazil
                                     10.5.4.1.1 Rising demand from chemical and oil & gas industries to support market growth
                        10.5.4.2 Argentina
                                     10.5.4.2.1 Oil & natural gas sector to drive flow meter market
     10.6 MIDDLE EAST & AFRICA 
             10.6.1 RECESSION IMPACT
             10.6.2 MIDDLE EAST & AFRICA: FLOW METER MARKET, BY TYPE
             10.6.3 MIDDLE EAST & AFRICA: FLOW METER MARKET, BY END-USE INDUSTRY
             10.6.4 MIDDLE EAST & AFRICA: FLOW METER MARKET, BY COUNTRY
                        10.6.4.1 GCC Countries
                                     10.6.4.1.1 Expansion of oil & gas industry to support market growth
                                     10.6.4.1.2 Saudi Arabia
                                                    10.6.4.1.2.1 Growing investment in expansion of desalination capacity to support market growth
                        10.6.4.2 Iran
                                     10.6.4.2.1 Doubling of oil production to significantly impact flow meter market
 
11 COMPETITIVE LANDSCAPE (Page No. - 177)
     11.1 INTRODUCTION 
     11.2 KEY PLAYER STRATEGIES/ RIGHT TO WIN 
     11.3 MARKET SHARE ANALYSIS 
             11.3.1 RANKING OF KEY MARKET PLAYERS, 2023
     11.4 REVENUE ANALYSIS OF MAJOR PLAYERS (2019–2023) 
     11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 
             11.5.1 STARS
             11.5.2 EMERGING LEADERS
             11.5.3 PERVASIVE PLAYERS
             11.5.4 PARTICIPANTS
             11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
                        11.5.5.1 Company footprint
                        11.5.5.2 Region footprint
                        11.5.5.3 Type footprint
                        11.5.5.4 End-use industry footprint
     11.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 
             11.6.1 PROGRESSIVE COMPANIES
             11.6.2 RESPONSIVE COMPANIES
             11.6.3 DYNAMIC COMPANIES
             11.6.4 STARTING BLOCKS
             11.6.5 COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023
                        11.6.5.1 Flow meter market: key start-ups/SMES
                        11.6.5.2 Flow meter market: competitive benchmarking of key start-ups/SMES
     11.7 COMPANY VALUATION AND FINANCIAL METRICS 
     11.8 BRAND/PRODUCT COMPARISON ANALYSIS 
     11.9 COMPETITIVE SITUATIONS AND TRENDS 
             11.9.1 PRODUCT LAUNCHES
             11.9.2 DEALS
             11.9.3 EXPANSIONS
             11.9.4 OTHER DEVELOPMENTS
 
12 COMPANY PROFILES (Page No. - 200)
     12.1 KEY PLAYERS 
             12.1.1 HONEYWELL INTERNATIONAL INC.
                        12.1.1.1 Business overview
                        12.1.1.2 Products/Solutions/Services offered
                        12.1.1.3 MnM view
                                     12.1.1.3.1 Key strengths
                                     12.1.1.3.2 Strategic choices
                                     12.1.1.3.3 Weaknesses and competitive threats
             12.1.2 SIEMENS AG
                        12.1.2.1 Business overview
                        12.1.2.2 Products/Solutions/Services offered
                        12.1.2.3 MnM view
                                     12.1.2.3.1 Key strengths
                                     12.1.2.3.2 Strategic choices
                                     12.1.2.3.3 Weaknesses and competitive threats
             12.1.3 EMERSON ELECTRIC CO.
                        12.1.3.1 Business overview
                        12.1.3.2 Products/Solutions/Services offered
                        12.1.3.3 Recent developments
                                     12.1.3.3.1 Product launches
                                     12.1.3.3.2 Other developments
                        12.1.3.4 MnM view
                                     12.1.3.4.1 Key strengths
                                     12.1.3.4.2 Strategic choices
                                     12.1.3.4.3 Weaknesses and competitive threats
             12.1.4 ABB LTD.
                        12.1.4.1 Business overview
                        12.1.4.2 Products/Solutions/Services offered
                        12.1.4.3 MnM view
                                     12.1.4.3.1 Key strengths
                                     12.1.4.3.2 Strategic choices
                                     12.1.4.3.3 Weaknesses and competitive threats
             12.1.5 YOKOGAWA ELECTRIC CORPORATION
                        12.1.5.1 Business overview
                        12.1.5.2 Products/Solutions/Services offered
                        12.1.5.3 Recent developments
                                     12.1.5.3.1 Deals
                                     12.1.5.3.2 Expansions
                        12.1.5.4 MnM view
                                     12.1.5.4.1 Key strengths
                                     12.1.5.4.2 Strategic choices
                                     12.1.5.4.3 Weaknesses and competitive threats
             12.1.6 AZBIL CORPORATION
                        12.1.6.1 Business overview
                        12.1.6.2 Products/Solutions/Services offered
                        12.1.6.3 Recent developments
                                     12.1.6.3.1 Deals
                                     12.1.6.3.2 Expansions
                        12.1.6.4 MnM view
                                     12.1.6.4.1 Key strengths
                                     12.1.6.4.2 Strategic choices
                                     12.1.6.4.3 Weaknesses and competitive threats
             12.1.7 BADGER METER, INC.
                        12.1.7.1 Business overview
                        12.1.7.2 Products/Solutions/Services offered
                        12.1.7.3 Recent developments
                                     12.1.7.3.1 Deals
                                     12.1.7.3.2 Expansions
                        12.1.7.4 MnM view
                                     12.1.7.4.1 Key strengths
                                     12.1.7.4.2 Strategic choices
                                     12.1.7.4.3 Weaknesses and competitive threats
             12.1.8 ENDRESS+HAUSER MANAGEMENT AG
                        12.1.8.1 Business overview
                        12.1.8.2 Products/Solutions/Services offered
                        12.1.8.3 Recent developments
                                     12.1.8.3.1 Deals
                                     12.1.8.3.2 Expansions
             12.1.9 KROHNE MESSTECHNIK GMBH
                        12.1.9.1 Business overview
                        12.1.9.2 Products/Solutions/Services offered
                        12.1.9.3 Recent developments
                                     12.1.9.3.1 Product launches
             12.1.10 SCHNEIDER ELECTRIC SE
                        12.1.10.1 Business overview
                        12.1.10.2 Products/Solutions/Services offered
                        12.1.10.3 Recent developments
                                     12.1.10.3.1 Expansions
     12.2 START-UPS/SMES 
             12.2.1 BROOKS INSTRUMENTS LLC
             12.2.2 FUJI ELECTRIC CO., LTD.
             12.2.3 KEM KÜPPERS ELEKTROMECHANIK GMBH
             12.2.4 MAX MACHINERY, INC.
             12.2.5 PARKER HANNIFIN CORP.
             12.2.6 TASI GROUP
             12.2.7 SENSIRION AG
             12.2.8 SICK AG
             12.2.9 THERMAL INSTRUMENT CO.
             12.2.10 KATRONIC TECHNOLOGIES LTD.
             12.2.11 FLOW METER GROUP
             12.2.12 OMNI FLOW COMPUTERS, INC.
             12.2.13 HENAN DAFANG DINGSHENG FLOW INSTRUMENT CO., LTD.
             12.2.14 FLOW-TRONIC S.A.
             12.2.15 MCCROMETER
 
13 ADJACENT & RELATED MARKETS (Page No. - 246)
     13.1 INTRODUCTION 
     13.2 LIMITATIONS 
     13.3 INTELLIGENT FLOW METER MARKET 
             13.3.1 MARKET DEFINITION
             13.3.2 MARKET OVERVIEW
     13.4 INTELLIGENT FLOW METER MARKET, BY REGION 
             13.4.1 NORTH AMERICA
             13.4.2 EUROPE
             13.4.3 ASIA PACIFIC
             13.4.4 ROW
 
14 APPENDIX (Page No. - 250)
     14.1 DISCUSSION GUIDE 
     14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     14.3 CUSTOMIZATION OPTIONS 
     14.4 RELATED REPORTS 
     14.5 AUTHOR DETAILS 
 
LIST OF TABLES (213 TABLES)
 
TABLE 1 FLOW METER MARKET: RISK ASSESSMENT
TABLE 2 INDUSTRIAL DEMAND FOR WATER, BY CONTINENT
TABLE 3 GDP CONTRIBUTION OF TOP TEN LARGEST ECONOMIES, IN TERMS OF PURCHASING POWER PARITY, 2023
TABLE 4 FLOW METER MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 5 GDP TRENDS AND FORECAST, BY MOST PROMINENT ECONOMIES, 2021–2029 (USD BILLION)
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TOP 3 END-USE INDUSTRIES (%)
TABLE 7 KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES
TABLE 8 INDICATIVE AVERAGE SELLING PRICE TREND OF FLOW METER, BY REGION (USD/UNIT)
TABLE 9 FLOW METER MARKET: ECOSYSTEM
TABLE 10 IMPORT OF FLOW METERS, BY REGION, 2017–2022 (USD MILLION)
TABLE 11 EXPORT OF FLOW METERS, BY REGION, 2017–2022 (USD MILLION)
TABLE 12 NORTH AMERICA: REGULATIONS RELATED TO FLOW METERS
TABLE 13 EUROPE: REGULATIONS RELATED TO FLOW METERS
TABLE 14 ASIA PACIFIC: REGULATIONS RELATED TO FLOW METER S
TABLE 15 SOUTH AMERICA: REGULATIONS RELATED TO FLOW METERS
TABLE 16 MIDDLE EAST & AFRICA: REGULATIONS RELATED TO FLOW METERS
TABLE 17 FLOW METER: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 FLOW METER MARKET: KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 19 FLOW METER MARKET: FUNDING/INVESTMENT
TABLE 20 FLOW METER MARKET: PATENT STATUS
TABLE 21 MAJOR PATENTS FOR FLOW METERS
TABLE 22 PATENTS BY MICRO MOTION, INC.
TABLE 23 PATENTS BY ENDRESS+HAUSER FLOWTEC AG
TABLE 24 PATENTS BY HITACHI AUTOMOTIVE SYSTEMS LTD.
TABLE 25 TOP 10 PATENT OWNERS IN US, 2013–2023
TABLE 26 FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION)
TABLE 27 FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION)
TABLE 28 DIFFERENTIAL PRESSURE: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 29 DIFFERENTIAL PRESSURE: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)
TABLE 30 DIFFERENTIAL PRESSURE: ADVANTAGES AND DISADVANTAGES
TABLE 31 ORIFICES: ADVANTAGES AND DISADVANTAGES
TABLE 32 VENTURI TUBES: ADVANTAGES AND DISADVANTAGES
TABLE 33 CONE METERS: ADVANTAGES AND DISADVANTAGES
TABLE 34 VARIABLE AREA METERS: ADVANTAGES AND DISADVANTAGES
TABLE 35 AVERAGING PITOTS: ADVANTAGES AND DISADVANTAGES
TABLE 36 POSITIVE DISPLACEMENT: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 37 POSITIVE DISPLACEMENT: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)
TABLE 38 POSITIVE DISPLACEMENT: ADVANTAGES AND DISADVANTAGES
TABLE 39 ULTRASONIC: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 40 ULTRASONIC: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)
TABLE 41 ULTRASONIC: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION)
TABLE 42 ULTRASONIC: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION)
TABLE 43 ULTRASONIC: ADVANTAGES AND DISADVANTAGES
TABLE 44 TURBINE: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 45 TURBINE: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)
TABLE 46 TURBINE: ADVANTAGES AND DISADVANTAGES
TABLE 47 MAGNETIC: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 48 MAGNETIC: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)
TABLE 49 MAGNETIC: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION)
TABLE 50 MAGNETIC: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION)
TABLE 51 MAGNETIC: ADVANTAGES AND DISADVANTAGES
TABLE 52 CORIOLIS: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 53 CORIOLIS: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)
TABLE 54 VORTEX: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 55 VORTEX: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)
TABLE 56 VORTEX: ADVANTAGES AND DISADVANTAGES
TABLE 57 THERMAL: ADVANTAGES AND DISADVANTAGES
TABLE 58 OTHER TYPES: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 59 OTHER TYPES: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)
TABLE 60 APPLICATIONS OF FLOW METERS IN END-USE INDUSTRIES
TABLE 61 FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 62 FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 63 FLOW METER MARKET IN WATER & WASTEWATER INDUSTRY, BY REGION, 2018–2022 (USD MILLION)
TABLE 64 FLOW METER MARKET IN WATER & WASTEWATER INDUSTRY, BY REGION, 2023–2029 (USD MILLION)
TABLE 65 FLOW METER MARKET IN REFINING & PETROCHEMICAL INDUSTRY, BY REGION, 2018–2022 (USD MILLION)
TABLE 66 FLOW METER MARKET IN REFINING & PETROCHEMICAL INDUSTRY, BY REGION, 2023–2029 (USD MILLION)
TABLE 67 FLOW METER MARKET IN OIL & GAS INDUSTRY, BY REGION, 2018–2022 (USD MILLION)
TABLE 68 FLOW METER MARKET IN OIL & GAS INDUSTRY, BY REGION, 2023–2029 (USD MILLION)
TABLE 69 FLOW METER MARKET IN CHEMICAL INDUSTRY, BY REGION, 2018–2022 (USD MILLION)
TABLE 70 FLOW METER MARKET IN CHEMICAL INDUSTRY, BY REGION, 2023–2029 (USD MILLION)
TABLE 71 FLOW METER MARKET IN POWER GENERATION INDUSTRY, BY REGION, 2018–2022 (USD MILLION)
TABLE 72 FLOW METER MARKET IN POWER GENERATION INDUSTRY, BY REGION, 2023–2029 (USD MILLION)
TABLE 73 FLOW METER MARKET IN PULP & PAPER INDUSTRY, BY REGION, 2018–2022 (USD MILLION)
TABLE 74 FLOW METER MARKET IN PULP & PAPER INDUSTRY, BY REGION, 2023–2029 (USD MILLION)
TABLE 75 FLOW METER MARKET IN FOOD & BEVERAGE INDUSTRY, BY REGION, 2018–2022 (USD MILLION)
TABLE 76 FLOW METER MARKET IN FOOD & BEVERAGE INDUSTRY, BY REGION, 2023–2029 (USD MILLION)
TABLE 77 FLOW METER MARKET IN PHARMACEUTICAL INDUSTRY, BY REGION, 2018–2022 (USD MILLION)
TABLE 78 FLOW METER MARKET IN PHARMACEUTICAL, BY REGION, 2023–2029 (USD MILLION)
TABLE 79 FLOW METER MARKET IN METALS & MINING INDUSTRY, BY REGION, 2018–2022 (USD MILLION)
TABLE 80 FLOW METER MARKET IN METALS & MINING INDUSTRY, BY REGION, 2023–2029 (USD MILLION)
TABLE 81 FLOW METER MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2018–2022 (USD MILLION)
TABLE 82 FLOW METER MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2023–2029 (USD MILLION)
TABLE 83 FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 84 FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)
TABLE 85 ASIA PACIFIC: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION)
TABLE 86 ASIA PACIFIC: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION)
TABLE 87 ASIA PACIFIC: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 88 ASIA PACIFIC: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 89 ASIA PACIFIC: FLOW METER MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 90 ASIA PACIFIC: FLOW METER MARKET, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 91 CHINA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 92 CHINA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 93 JAPAN: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 94 JAPAN: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 95 INDIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 96 INDIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 97 SOUTH KOREA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 98 SOUTH KOREA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 99 MALAYSIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 100 MALAYSIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 101 AUSTRALIA & NEW ZEALAND: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 102 AUSTRALIA & NEW ZEALAND: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 103 NORTH AMERICA: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION)
TABLE 104 NORTH AMERICA: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION)
TABLE 105 NORTH AMERICA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 106 NORTH AMERICA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 107 NORTH AMERICA: FLOW METER MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 108 NORTH AMERICA: FLOW METER MARKET, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 109 US: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 110 US: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 111 CANADA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 112 CANADA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 113 MEXICO: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 114 MEXICO: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 115 EUROPE: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION)
TABLE 116 EUROPE: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION)
TABLE 117 EUROPE: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 118 EUROPE: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 119 EUROPE: FLOW METER MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 120 EUROPE: FLOW METER MARKET, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 121 GERMANY: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 122 GERMANY: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 123 FRANCE: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 124 FRANCE: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 125 UK: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 126 UK: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 127 ITALY: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 128 ITALY: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 129 SPAIN: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 130 SPAIN: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 131 SCANDINAVIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 132 SCANDINAVIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 133 SOUTH AMERICA: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION)
TABLE 134 SOUTH AMERICA: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION)
TABLE 135 SOUTH AMERICA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 136 SOUTH AMERICA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 137 SOUTH AMERICA: FLOW METER MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 138 SOUTH AMERICA: FLOW METER MARKET, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 139 BRAZIL: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 140 BRAZIL: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 141 ARGENTINA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 142 ARGENTINA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 143 MIDDLE EAST & AFRICA: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION)
TABLE 144 MIDDLE EAST & AFRICA: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION)
TABLE 145 MIDDLE EAST & AFRICA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 146 MIDDLE EAST & AFRICA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 147 MIDDLE EAST & AFRICA: FLOW METER MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 148 MIDDLE EAST & AFRICA: FLOW METER MARKET, BY COUNTRY, 2023–2029 (USD MILLION)
TABLE 149 SAUDI ARABIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 150 SAUDI ARABIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 151 IRAN: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
TABLE 152 IRAN: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)
TABLE 153 OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS OF FLOW METERS
TABLE 154 FLOW METER MARKET: DEGREE OF COMPETITION
TABLE 155 FLOW METER MARKET: REGION FOOTPRINT
TABLE 156 FLOW METER MARKET: TYPE FOOTPRINT
TABLE 157 FLOW METER MARKET: END-USE INDUSTRY FOOTPRINT
TABLE 158 FLOW METER MARKET: PRODUCT LAUNCHES (JANUARY 2018– DECEMBER 2023)
TABLE 159 FLOW METER MARKET: DEALS (JANUARY 2018– DECEMBER 2023)
TABLE 160 FLOW METER MARKET: EXPANSIONS (JANUARY 2018– DECEMBER 2023)
TABLE 161 FLOW METER MARKET: OTHER DEVELOPMENTS (JANUARY 2018– DECEMBER 2023)
TABLE 162 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
TABLE 163 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 164 SIEMENS AG: COMPANY OVERVIEW
TABLE 165 SIEMENS AG : PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 166 EMERSON ELECTRIC CO.: COMPANY OVERVIEW
TABLE 167 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 168 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES
TABLE 169 EMERSON ELECTRIC CO.: OTHER DEVELOPMENTS
TABLE 170 ABB LTD.: COMPANY OVERVIEW
TABLE 171 ABB LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 172 YOKOGAWA ELECTRIC CORPORATION: COMPANY OVERVIEW
TABLE 173 YOKOGAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
TABLE 174 YOKOGAWA ELECTRIC CORPORATION: DEALS
TABLE 175 YOKOGAWA ELECTRIC CORPORATION: EXPANSIONS
TABLE 176 AZBIL CORPORATION: COMPANY OVERVIEW
TABLE 177 AZBIL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 178 AZBIL CORPORATION: DEALS
TABLE 179 AZBIL CORPORATION: EXPANSIONS
TABLE 180 BADGER METER, INC.: COMPANY OVERVIEW
TABLE 181 BADGER METER, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 182 BADGER METER, INC.: DEALS
TABLE 183 BADGER METER, INC.: EXPANSIONS
TABLE 184 ENDRESS+HAUSER MANAGEMENT AG: COMPANY OVERVIEW
TABLE 185 ENDRESS+HAUSER MANAGEMENT AG: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
TABLE 186 ENDRESS+HAUSER MANAGEMENT AG: DEALS
TABLE 187 ENDRESS+HAUSER MANAGEMENT AG: EXPANSIONS
TABLE 188 KROHNE MESSTECHNIK GMBH: COMPANY OVERVIEW
TABLE 189 KROHNE MESSTECHNIK GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 190 KROHNE MESSTECHNIK GMBH: PRODUCT LAUNCHES
TABLE 191 SCHNEIDER ELECTRIC SE: COMPANY OVERVIEW
TABLE 192 SCHNEIDER ELECTRIC SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 193 SCHNEIDER ELECTRIC SE: EXPANSIONS
TABLE 194 BROOKS INSTRUMENTS LLC: COMPANY OVERVIEW
TABLE 195 FUJI ELECTRIC CO., LTD.: COMPANY OVERVIEW
TABLE 196 KEM KÜPPERS ELEKTROMECHANIK GMBH: COMPANY OVERVIEW
TABLE 197 MAX MACHINERY, INC.: COMPANY OVERVIEW
TABLE 198 PARKER HANNIFIN CORP.: COMPANY OVERVIEW
TABLE 199 TASI GROUP: COMPANY OVERVIEW
TABLE 200 SENSIRION AG: COMPANY OVERVIEW
TABLE 201 SICK AG: COMPANY OVERVIEW
TABLE 202 THERMAL INSTRUMENT CO.: COMPANY OVERVIEW
TABLE 203 KATRONIC TECHNOLOGIES LTD.: COMPANY OVERVIEW
TABLE 204 FLOW METER GROUP: COMPANY OVERVIEW
TABLE 205 OMNI FLOW COMPUTERS, INC.: COMPANY OVERVIEW
TABLE 206 HENAN DAFANG DINGSHENG FLOW INSTRUMENT CO., LTD.: COMPANY OVERVIEW
TABLE 207 FLOW-TRONIC S.A.: COMPANY OVERVIEW
TABLE 208 MCCROMETER: COMPANY OVERVIEW
TABLE 209 INTELLIGENT FLOW METER MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 210 INTELLIGENT FLOW METER MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 211 INTELLIGENT FLOW METER MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 212 INTELLIGENT FLOW METER MARKET IN ASIA PACIFIC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 213 INTELLIGENT FLOW METER MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION)
 
 
LIST OF FIGURES (54 FIGURES)
 
FIGURE 1 FLOW METER MARKET: RESEARCH DESIGN
FIGURE 2 MARKET SIZE ESTIMATION - APPROACH 1 (SUPPLY-SIDE): COMBINED MARKET SHARE OF KEY PLAYERS
FIGURE 3 MARKET SIZE ESTIMATION - BOTTOM-UP (SUPPLY-SIDE): REVENUE FROM SALE OF FLOW METERS
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY APPROACH 2 – BOTTOM-UP (DEMAND-SIDE): PRODUCTS SOLD AND THEIR AVERAGE SELLING PRICE
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – TOP-DOWN APPROACH
FIGURE 6 FLOW METER MARKET: DATA TRIANGULATION
FIGURE 7 MARKET CAGR PROJECTIONS FROM SUPPLY SIDE
FIGURE 8 MARKET GROWTH PROJECTIONS FROM DEMAND SIDE: DRIVERS AND OPPORTUNITIES
FIGURE 9 WATER & WASTEWATER TO BE LARGEST END-USE INDUSTRY OF FLOW METERS DURING FORECAST PERIOD
FIGURE 10 MAGNETIC FLOW METERS TO DOMINATE FLOW METER MARKET BETWEEN 2024 AND 2029
FIGURE 11 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE IN 2023
FIGURE 12 GROWING DEMAND FROM OIL & GAS END-USE INDUSTRY TO DRIVE FLOW METER MARKET DURING FORECAST PERIOD
FIGURE 13 OIL & GAS TO BE FASTEST-GROWING END-USE INDUSTRY DURING FORECAST PERIOD
FIGURE 14 CHINA ACCOUNTED FOR LARGEST SHARE OF FLOW METER MARKET IN 2023
FIGURE 15 WATER & WASTEWATER ACCOUNTED FOR LARGEST SHARE IN 2023
FIGURE 16 ASIA PACIFIC TO BE LARGEST MARKET FOR FLOW METERS DURING FORECAST PERIOD
FIGURE 17 CHINA TO REGISTER HIGHEST CAGR IN FLOW METER MARKET DURING FORECAST PERIOD
FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN FLOW METER MARKET
FIGURE 19 FLOW METER MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 20 FLOW METER MARKET: SUPPLY CHAIN ANALYSIS
FIGURE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TOP 3 END-USE INDUSTRIES
FIGURE 22 KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES
FIGURE 23 INDICATIVE SELLING PRICE TREND, BY REGION (USD/UNIT)
FIGURE 24 REVENUE SHIFT FOR FLOW METER MARKET
FIGURE 25 FLOW METER MARKET: ECOSYSTEM
FIGURE 26 IMPORT OF FLOW METERS, BY KEY COUNTRY
FIGURE 27 EXPORT OF FLOW METERS, BY KEY COUNTRY
FIGURE 28 PATENTS REGISTERED FOR FLOW METERS, 2013–2023
FIGURE 29 TOP PATENT OWNERS IN LAST 10 YEARS
FIGURE 30 LEGAL STATUS OF PATENTS FILED FOR FLOW METERS
FIGURE 31 MAXIMUM PATENTS FILED IN JURISDICTION OF CHINA
FIGURE 32 ULTRASONIC FLOW METERS TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
FIGURE 33 OIL & GAS INDUSTRY TO REGISTER HIGHEST CAGR IN FLOW METER MARKET
FIGURE 34 ASIA PACIFIC TO REGISTER HIGHEST CAGR BETWEEN 2024 AND 2029
FIGURE 35 ASIA PACIFIC: FLOW METER MARKET SNAPSHOT
FIGURE 36 NORTH AMERICA: FLOW METER MARKET SNAPSHOT
FIGURE 37 EUROPE: FLOW METER MARKET SNAPSHOT
FIGURE 38 EMERSON ELECTRIC CO. LED FLOW METER MARKET IN 2023
FIGURE 39 RANKING OF KEY MARKET PLAYERS OF FLOW METERS, 2023
FIGURE 40 REVENUE ANALYSIS OF KEY COMPANIES IN LAST 5 YEARS
FIGURE 41 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
FIGURE 42 FLOW METER MARKET: COMPANY FOOTPRINT
FIGURE 43 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
FIGURE 44 COMPANY VALUATION OF KEY PLAYERS
FIGURE 45 EV/EBITDA OF KEY PLAYERS
FIGURE 46 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
FIGURE 47 SIEMENS AG: COMPANY SNAPSHOT
FIGURE 48 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
FIGURE 49 ABB LTD.: COMPANY SNAPSHOT
FIGURE 50 YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
FIGURE 51 AZBIL CORPORATION: COMPANY SNAPSHOT
FIGURE 52 BADGER METER, INC.: COMPANY SNAPSHOT
FIGURE 53 ENDRESS+HAUSER MANAGEMENT AG: COMPANY SNAPSHOT
FIGURE 54 SCHNEIDER ELECTRIC SE: COMPANY SNAPSHOT
 

The study involved four major activities in estimating the market size for flow meter market. Intensive secondary research was done to gather information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Post that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.

Secondary Research

Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, and others. The findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below:

Primary Research

The flow meter market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized from key opinion leaders in various applications for the flow meter. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Flow Meters Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

COMPANY NAME

DESIGNATION

Emerson Electric Co.

Global Strategy & Innovation Manager

Siemens AG

Technical Sales Manager

ABB Ltd.

Senior Supervisor

Endress+Hauser Management AG

Production Supervisor

Badger Meter, Inc.

Production Manager

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the flow meter market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry have been identified through extensive secondary research.
  • The supply chain of the industry has been determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

Flow meter market: Bottom-Up Approach

Flow Meters Market Size, and Share

Flow meter market: Top-Down Approach

Flow Meters Market Size, and Share

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into respective segments and subsegments. To realize the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying several factors and trends from both the demand and supply sides in the flow meter industry.

Market Definition

According to OMEGA Engineering Inc., a flow meter (or flow meter) is an instrument used to measure linear, nonlinear, volumetric, or mass flow rate of a liquid or a gas. Flow meters are used for the quantification of liquid and gas flowing through a pipe or system. The flow of liquid and gas can be measured by volumetric or mass flow rates.

Key Stakeholders

  • Flow meter manufacturers
  • Raw material manufacturers
  • Government planning commissions and research organizations
  • Industry associations
  • End-use industries
  • R&D institutions

Report Objectives

  • To analyze and forecast the size of the flow meter market in terms of value
  • To provide detailed information regarding key factors, such as drivers, restraints, challenges, and opportunities influencing the growth of the market
  • To define, describe, and segment the flow meter market based on type and end-use industry
  • To forecast the size of the market segments for regions such as Asia Pacific, North America, Europe, Middle East & Africa, and South America
  • To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contribution to the overall market
  • To identify and analyze opportunities for stakeholders in the market
  • To strategically profile key players and comprehensively analyze their core competencies

Available Customizations

Along with the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Regional Analysis

  • Further breakdown of a region with respect to a particular country or additional application

Company Information

  • Detailed analysis and profiles of additional market players (up to five)

Flow Sensor Market Overview

The flow sensor market is a rapidly growing industry driven by increasing demand for accurate flow measurement in various applications. Flow sensors are devices used to measure the flow rate or volume of a fluid or gas in a system. These sensors are used in a wide range of industries, including automotive, aerospace, chemical, pharmaceutical, and food and beverage.
 
The global flow sensor market is expected to grow significantly in the coming years, driven by factors such as increasing industrial automation, the need for accurate flow measurement, and the growing demand for energy-efficient systems. The market is also expected to benefit from the development of new technologies and the increasing adoption of IoT and cloud computing.
 
Some of the key types of flow sensors include mass flow sensors, velocity flow sensors, and volumetric flow sensors. Mass flow sensors measure the mass flow rate of a fluid, while velocity flow sensors measure the velocity of a fluid and calculate the flow rate based on the cross-sectional area of the pipe. Volumetric flow sensors measure the volume of a fluid flowing through a system.
 
The flow sensor market is segmented based on type, application, and geography. Some of the major applications of flow sensors include process control, HVAC, water and wastewater management, medical devices, and automotive. The market is also segmented based on geography, with key regions including North America, Europe, Asia-Pacific, and Rest of the World.
 
Flow sensors and flow meters are two related but distinct technologies used for measuring the flow of fluids in a system. While both technologies are used to measure the flow of liquids or gases, flow sensors and flow meters differ in terms of their design and functionality.
 
Flow sensors are typically small devices that are installed in-line with the fluid flow to measure the flow rate or velocity of the fluid. Flow sensors can be based on various technologies, such as thermal, ultrasonic, and Coriolis, and are used in a wide range of applications, including process control, medical devices, automotive, and HVAC systems.
 
Flow meters, on the other hand, are typically larger devices that are used to measure the volume or mass flow rate of a fluid in a system. Flow meters can be based on various technologies, such as positive displacement, turbine, electromagnetic, and ultrasonic, and are used in a wide range of applications, including water and wastewater management, chemical processing, and oil and gas production.
 
While flow sensors and flow meters are different in terms of their design and functionality, they are often used in combination with one another in various applications. For example, a flow meter may be used to measure the overall flow rate of a fluid in a system, while a flow sensor may be used to provide more detailed information on the flow profile, such as flow velocity or turbulence.
 
The market for flow sensors and flow meters is often intertwined, as many manufacturers produce both types of devices. As a result, the growth of the flow sensor market can impact the flow meter market, and vice versa, as advancements in one technology can drive innovation in the other.
 
The growth of the flow sensor market is expected to have a significant impact on the flow meter market in a number of ways. Here are some potential impacts:
 
1. Increased adoption of flow sensors may lead to more integrated flow meter systems: As flow sensors become more advanced and accurate, there is a growing trend towards integrating them with flow meters to provide a more complete picture of the flow in a system. This could lead to an increase in the adoption of flow meter systems that incorporate flow sensors, driving growth in the flow meter market.
 
2. The development of new technologies in the flow sensor market may lead to improvements in flow meter accuracy: As flow sensor technology advances, there may be opportunities to incorporate these advancements into flow meters. This could lead to the development of more accurate flow meters, which could be particularly beneficial in industries such as oil and gas or chemical processing, where even small measurement errors can have significant consequences.
 
3. The growth of the flow sensor market may drive innovation in the flow meter market: As the demand for flow sensors continues to grow, there may be more research and development into new technologies and applications. This could lead to new opportunities for innovation in the flow meter market as well, as manufacturers seek to differentiate themselves by incorporating the latest advancements in flow sensor technology into their flow meters.
 
4. Increasing demand for flow sensors may lead to increased competition in the flow meter market: As more manufacturers enter the flow sensor market, there may be more competition for market share. This could lead to increased pressure on flow meter manufacturers to differentiate their products through price, features, or other factors.

Flow Sensor Market Trends

The flow sensor market is expected to continue growing in the coming years, driven by a range of applications across a variety of industries. Here are some potential futuristic growth use-cases for flow sensors:
 
1. Smart homes and buildings: The rise of smart homes and buildings is creating new opportunities for flow sensors. These sensors can be used to monitor the flow of water, gas, and other fluids, providing valuable data for energy management, leak detection, and other applications.
 
2. Autonomous vehicles: As the automotive industry moves towards autonomous vehicles, there is a growing need for sensors that can monitor and control fluid flow in the vehicle. Flow sensors can be used to monitor the flow of fuel, coolant, and other fluids, ensuring that the vehicle is running safely and efficiently.
 
3. Industrial IoT: The industrial internet of things (IIoT) is driving demand for sensors that can monitor and control the flow of fluids in industrial processes. Flow sensors can be used in a wide range of applications, from monitoring the flow of chemicals in a chemical plant to measuring the flow of water in a wastewater treatment plant.
 
4. Medical devices: Flow sensors are already widely used in medical devices, such as ventilators and anesthesia machines, to monitor and control the flow of air and other gases. As the medical device market continues to grow, there may be new opportunities for flow sensors in applications such as drug delivery and patient monitoring.
 
5. Agriculture: Flow sensors can be used in a variety of agricultural applications, such as irrigation systems, fertilizer injectors, and pesticide sprayers. As the world's population continues to grow, there is increasing demand for technologies that can improve the efficiency and productivity of agriculture, and flow sensors are likely to play a role in meeting this demand.

Top Companies in Flow Sensor Market

The flow sensor market is highly competitive, with many players offering a variety of products and solutions across a range of industries. Here are some of the top players in the flow sensor market:
 
1. Honeywell International Inc.
2. Siemens AG
3. TE Connectivity Ltd.
4. Sensirion AG
5. Emerson Electric Co.
6. ABB Ltd.
7. NXP Semiconductors N.V.
8. First Sensor AG
9. STMicroelectronics N.V.
10. Omron Corporation
 
These companies are all global leaders in the flow sensor market, with a strong presence across a variety of industries, including automotive, industrial automation, healthcare, and consumer electronics. Many of these companies offer a wide range of flow sensors, including thermal flow sensors, mass flow sensors, and differential pressure flow sensors, as well as associated software and services. These companies also have a strong focus on research and development, driving innovation in the flow sensor market and creating new opportunities for growth and differentiation.

Flow Sensor Market Impact on Different Industries

The flow sensor market has a wide range of applications across multiple industries. Here are some examples of industries that are likely to be impacted by the growth of the flow sensor market in the future:
 
1. Automotive: Flow sensors are used in many automotive applications, including engine management, fuel injection, and exhaust gas recirculation. As the automotive industry continues to evolve, there will be increasing demand for flow sensors to support the development of electric and hybrid vehicles.
 
2. Aerospace and defense: Flow sensors are used in aerospace and defense applications to measure fluid flow in fuel, hydraulic systems, and other critical systems. As the demand for unmanned aerial vehicles (UAVs) and other unmanned systems grows, there will be new opportunities for flow sensors in these applications.
 
3. Healthcare: Flow sensors are used in a variety of healthcare applications, including respiratory therapy, anesthesia, and infusion pumps. As the demand for home healthcare and wearable medical devices grows, there will be new opportunities for flow sensors in these markets.
 
4. Water and wastewater treatment: Flow sensors are used in water and wastewater treatment applications to measure and monitor the flow of water and other fluids. As the demand for water and wastewater treatment grows, there will be new opportunities for flow sensors in these applications.
 
5. HVAC and building automation: Flow sensors are used in HVAC (heating, ventilation, and air conditioning) and building automation systems to monitor and control fluid flow in these systems. As the demand for energy-efficient and sustainable buildings grows, there will be new opportunities for flow sensors in these applications.
 
The flow sensor market is likely to continue growing in the future, driven by the increasing demand for more efficient and sustainable technologies across a wide range of industries. With the rise of the Internet of Things and other connected technologies, flow sensors are likely to play an increasingly important role in monitoring and controlling fluid flow in a variety of contexts.


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Previous Versions of this Report

Flow Meters Market by Type [Differential Pressure, Positive Displacement, Magnetic (In-line, Insertion, Low Flow), Ultrasonic (Spool piece, Clamp-on, Insertion), Coriolis, Turbine, Vortex)], End-use Industry, and Region - Global Forecast to 2026

Report Code CH 2299
Published in May, 2021, By MarketsandMarkets™

Flow Meters Market by Type (Differential Pressure, Positive Displacement, Magnetic, Ultrasonic, Coriolis, Turbine, Vortex), End-use Industry (Water & Wastewater, Oil & Gas, Chemicals, Power Generation, Pulp & Paper, Food & Beverages) - Global Forecast to 2022

Report Code CH 2299
Published in Nov, 2017, By MarketsandMarkets™

Flow Meters Market by Type (DP, PD, Magnetic, Ultrasonic, Coriolis, Turbine, Vortex), and by Application, (Water & Wastewater, Oil & Gas, Chemicals, Power Generation, Pulp & Paper, Food & Beverages) - Global Forecast to 2021

Report Code CH 2299
Published in Aug, 2016, By MarketsandMarkets™

Flow Meters Market by Type (Differential Pressure, Positive Displacement, Magnetic, Ultrasonic, Coriolis Turbine, Vortex and Others) and by Application (Water & Wastewater, Oil & Gas, Refining & Petrochemicals, Food & Beverages, Chemicals, Power Generation and Others) - Global Trends & Forecast to 2019

Report Code CH 2299
Published in Apr, 2014, By MarketsandMarkets™
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