There are several technological developments in the global magnetic flowmeters market, including the growth of smart magnetic flowmeter. Smart magnetic flowmeters use state-of-the-art computing technology with improved flow computer functionality, which can further form connectivity via Highway Addressable Remote Transducer (HART) communication protocols. This allows smart magnetic flowmeters to provide uninterrupted information flow even in distant regions, thus, aiding the industry growth.
Market Segmentation
A magnetic flow meter is a type of flowmeter used to measure the quantification of bulk fluid movement. It has no moving parts and is suitable for wastewater applications or any conductive or water-based filthy liquid. The global magnetic flowmeters market can be divided based on segments like components, product, and application.Market Breakup by Components
- Magnetic Coils
- Transmitters
- Sensing Electrodes
- Non-magnetic Flow Tubes
Market Breakup by Product
- In-line Magnetic Flowmeters
- Low Flow Magnetic Flowmeters
- Insertion Magnetic Flowmeters
Market Breakup by Application
- Water and Wastewater
- Chemicals and Petrochemicals
- Power Generation
- Metals and Mining
- Oil and Gas
- Food and Beverages
- Pulp and Paper
- Pharmaceuticals
Market Breakup by Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Market Analysis
Mechanical flow measuring equipment have high maintenance costs, low precision, and further requires frequent calibration for distinct kinds of liquids. Magnetic flowmeters assist mechanical measuring systems is overcoming these difficulties. The lack of moving components in magnetic flowmeters enables the measurement of thick sludge and fluid. Magnetic flowmeters are also fitted with abrasion-resistant and corrosion-resistant liners that make it extremely efficient in measuring erosive fluids, slurry, and most acid and base types. In addition, magnetic flowmeters require low calibration and can evaluate properties of liquid with high precision. The high precision of magnetic flowmeter is boosting its popularity in the process industry and leading to its increased adoption, which will aid the magnetic flowmeters industry over the forecast period.Competitive Landscape
The report presents a detailed analysis of the following key players in the global magnetic flowmeters market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:- ABB Ltd.
- Azbil Corporation
- Endress+Hauser Group Services AG
- Emerson Electric Co.
- Honeywell International Inc.
- KROHNE Messtechnik GmbH
- OMEGA Engineering inc.
- Others
Table of Contents
Companies Mentioned
The key companies featured in this Magnetic Flowmeters market report include:- ABB Ltd.
- Azbil Corporation
- Endress+Hauser Group Services AG
- Emerson Electric Co.
- Honeywell International Inc.
- KROHNE Messtechnik GmbH
- OMEGA Engineering inc.

