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/Beverage)- Global Forecast to 2022

  • ID: 4426704
  • Report
  • Region: Global
  • 162 Pages
  • Markets and Markets
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The Flow Meters Market is Estimated at USD 6.81 Billion in 2017 And is Projected to Reach USD 9.30 Billion By 2022, at a CAGR of 6.42% from 2017 to 2022.

FEATURED COMPANIES

  • Abb Ltd.
  • Badger Meter Inc.
  • Equflow B.V.
  • Krohne Messtechnik Gmbh
  • Mccrometer
  • Seametrics Inc.
  • MORE

Growing industrialization in the emerging economies is driving the growth of the flow meters market

The growth of this market can be attributed to the rising industrialization in emerging countries, such as China, India, and Brazil.

The ultrasonic segment to grow at the highest CAGR from 2017 to 2022

The ultrasonic segment is projected to grow at the highest CAGR in the flow meters market, in terms of value and volume, from 2017 to 2022. This growth can be attributed to the increased usage of ultrasonic flow meters in water & waste water, metals & mining and other industries in the emerging economies. This is because players in the market are focusing on expanding their capacities in Asia Pacific, the Middle East & Africa, and South America which is expected to drive the growth of flow meters during the forecast period

Asia Pacific is projected to lead the flow meters market during the forecast period

On the basis of region, the flow meters market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia Pacific is projected to lead the flow meters market during the forecast period. The growth can be attributed to the increasing demand for water & waste water treatment (which includes greywater recycling, purge treatment, biogas measurement, and effluent treatment) due to the rising demand from the irrigation industry.

Breakdown of primaries:

Primary interviews were conducted with a number of industry experts to collect information related to the flow meters market.

The breakdown of primary interviews is depicted below:

  • By Company Type: Tier 1 - 31%, Tier 2 - 46%, and Tier 3 - 23%
  • By Designation: C Level - 46%, Director Level - 27%, and Others - 27%
  • By Region: North America - 24%, Europe - 29%, Asia Pacific - 24%, and South America - 14%, and Middle East & Africa - 9%

Key companies supplying flow meters are:

  • Honeywell (US)
  • Siemens (Germany)
  • Emerson Electric Co. (US)
  • ABB Ltd. (Switzerland)
  • Yokogawa Electric (Japan)
  • Azbil (Japan)
  • Badger Meter (US)
  • Krohne Messtechnik (Germany)
  • Schneider Electric (France)
  • Endress Hauser (Switzerland)
  • Litre Meter (UK)
  • Sierra Instruments (US)
  • SICK AG (US)
  • Seametrics (US)
  • EQUFLOW (Netherlands)

Research Coverage

This report segments the flow meters market on the basis of type, end-sue industry, and region, and provides estimations for the overall value of the market and its subsegments across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key growth strategies, and recent developments (such as expansions, new products & technology launches, acquisitions, partnerships, agreements, and joint ventures) associated with the flow meters market.

Reasons to buy the report:

  • This report will help leaders/new entrants in this market in the following ways:
  • Will have a better understanding of the flow meters market
  • Will provide information on key market drivers, restraints, challenges, and opportunities
  • Will help gain insights regarding competitors and their positions in the flow meters market
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abb Ltd.
  • Badger Meter Inc.
  • Equflow B.V.
  • Krohne Messtechnik Gmbh
  • Mccrometer
  • Seametrics Inc.
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Flow Meters Market
4.2 Flow Meters Market, By Region
4.3 Asia-Pacific Flow Meters Market, By Country And End-Use Industry
4.4 Flow Meters Market, By Region And End-Use Industry
4.5 Flow Meters Market Attractiveness

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Usage in Oil & Gas And Water & Wastewater Industries
5.2.1.2 Rising Demand for Smart And Intelligent Flow Meters in High-End Applications
5.2.2 Challenges
5.2.2.1 High Initial Cost of Coriolis And Magnetic Flow Meters
5.2.3 Opportunities
5.2.3.1 Rising Demand from Asia Pacific for Process Automation
5.3 Porter’S Five Forces Analysis
5.3.1 Threat of Substitutes
5.3.2 Bargaining Power of Suppliers
5.3.3 Bargaining Power of Buyers
5.3.4 Threat of New Entrants
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Indicators
5.4.1 Gdp Growth Rate Forecasts of Major Economies
5.4.2 Oil Industry
5.4.3 Increase in Global Investment for Exploration & Production

6 Flow Meters Market, By Type
6.1 Introduction
6.2 Differential Pressure
6.3 Positive Displacement
6.4 Ultrasonic
6.4.1 Ultrasonic Flow Meters, By Type
6.4.1.1 Spool Piece
6.4.1.2 Clamp-On Ultrasonic Flow Meter
6.4.1.3 Insertion Ultrasonic Flow Meter
6.5 Turbine
6.6 Magnetic
6.6.1 Magnetic Flow Meters, By Type
6.6.1.1 In-Line Magnetic
6.6.1.2 Insertion Magnetic
6.6.1.3 Low Flow Magnetic
6.7 Coriolis
6.8 Vortex
6.9 Others
6.9.1 Thermal Flow Meters
6.9.2 Multiphase Flow Meters
 
7 Flow Meters Market, By End-Use Industry
7.1 Introduction
7.2 Water & Wastewater
7.3 Refining & Petrochemical
7.4 Oil & Gas
7.5 Chemical
7.6 Power Generation
7.7 Pulp & Paper
7.8 Food & Beverage
7.9 Pharmaceutical
7.10 Metals & Mining
7.11 Others

8 Flow Meters Market, By Region
8.1 Introduction
8.2 Asia Pacific
8.2.1 China
8.2.2 Japan
8.2.3 India
8.2.4 South Korea
8.2.5 Malaysia
8.2.6 Australia & New Zealand
8.2.7 Rest of Asia-Pacific
8.3 North America
8.3.1 Us
8.3.2 Canada
8.3.3 Mexico
8.4 Europe
8.4.1 Germany
8.4.2 France
8.4.3 Uk
8.4.4 Italy
8.4.5 Spain
8.4.6 Scandinavia
8.4.7 Rest of Europe
8.5 South America
8.5.1 Brazil
8.5.2 Argentina
8.5.3 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 Iran
8.6.3 Rest of Middle East & Africa

9 Competitive Landscape
9.1 Introduction
9.2 Market Ranking of Key Players

10 Company Profiles
(Business Overview, Strength of Product Portfolio, Products Offered, Business Strategy Excellence & Recent Developments)*
10.1 Honeywell International Inc.
10.2 Siemens Ag
10.3 Emerson Electric Company
10.4 Abb Ltd.
10.5 General Electric Company
10.6 Yokogawa Electric Corporation
10.7 Azbil Corporation
10.8 Badger Meter Inc.
10.9 Endress+Hauser Management Ag
10.10 Krohne Messtechnik Gmbh
10.11 Schneider Electric Se
*Details On Business Overview, Strength of Product Portfolio, Products Offered, Business Strategy Excellence & Recent Developments Might Not Be Captured in Case of Unlisted Companies.
10.12 Other Key Players
10.12.1 Brooks Instruments Llc
10.12.2 Equflow B.V.
10.12.3 Kem Kuppers Elektromechanik Gmbh
10.12.4 Max Machinery Inc.
10.12.5 Parker Hannifin Corp.
10.12.6 Seametrics Inc.
10.12.7 Sensirion Ag
10.12.8 Sick Ag
10.12.9 Sierra Instruments, Inc.
10.12.10 Thermal Instruments Co.
10.12.11 Katronic Technologies Ltd.
10.12.12 Flow Meter Group
10.12.13 Aw-Lake Company
10.12.14 Litre Meter Limited
10.12.15 Mccrometer

11 Appendix
11.1 Insights from Industry Experts
11.2 Discussion Guide
11.3 Knowledge Store: Subscription Portal
11.4 Introducing Rt: Real-Time Market Intelligence
11.5 Available Customizations
11.6 Related Reports
11.7 Author Details

List of Tables
Table 1 Gdp Contribution of the Top Ten Largest Economies, in Terms of Purchasing Power Parity, 2022
Table 2 Trends And Forecast of Gdp, 2017-2022 (USD Billion)
Table 3 Global Exploration & Production Spending, By Region (USD Billion)
Table 4 Flow Meters Market Size, By Type, 2015-2022 (USD Million)
Table 5 Differential Pressure Flow Meters Market Size, By Region, 2015-2022 (USD Million)
Table 6 Differential Pressure: Advantages And Disadvantages
Table 7 Orifices: Advantages And Disadvantages
Table 8 Venturi Tube: Advantages And Disadvantages
Table 9 Cone Meter: Advantages And Disadvantages
Table 10 Variable Area Meter: Advantages And Disadvantages
Table 11 Averaging Pitots: Advantages And Disadvantages
Table 12 Positive Displacement Flow Meters Market Size, By Region, 2015-2022 (USD Million)
Table 13 Positive Displacement: Advantages And Disadvantages
Table 14 Ultrasonic Flow Meters Market Size, By Region, 2015-2022 (USD Million)
Table 15 Ultrasonic Flow Meters Market Size, By Type, 2015-2022 (USD Million)
Table 16 Ultrasonic: Advantages And Disadvantages
Table 17 Turbine: Advantages And Disadvantages
Table 18 Turbine Flow Meters Market Size, By Region, 2015-2022 (USD Million)
Table 19 Magnetic Flow Meters Market Size, By Region, 2015-2022 (USD Million)
Table 20 Magnetic Flow Meters Market Size, By Type, 2015-2022 (USD Million)
Table 21 Magnetic: Advantages And Disadvantages
Table 22 Coriolis Flow Meters Market Size, By Region, 2015-2022 (USD Million)
Table 23 Vortex: Advantages And Disadvantages
Table 24 Vortex Flow Meters Market Size, By Region, 2015-2022 (USD Million)
Table 25 Thermal: Advantages And Disadvantages
Table 26 Other Flow Meters Market Size, By Region, 2015-2022 (USD Million)
Table 27 Applications of Flow Meters in End-Use Industries
Table 28 Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 29 Flow Meters Market Size in Water & Wastewater, By Region, 2015-2022 (USD Million)
Table 30 Flow Meters Market Size in Refining & Petrochemical, By Region, 2015-2022 (USD Million)
Table 31 Flow Meters Market Size in Oil & Gas, By Region, 2015-2022 (USD Million)
Table 32 Flow Meters Market Size in Chemical, By Region, 2015-2022 (USD Million)
Table 33 Flow Meters Market Size in Power Generation, By Region, 2015-2022 (USD Million)
Table 34 Flow Meters Market Size in Pulp & Paper, By Region, 2015-2022 (USD Million)
Table 35 Flow Meters Market Size in Food & Beverage, By Region, 2015-2022 (USD Million)
Table 36 Flow Meters Market Size in Pharmaceutical, By Region, 2015-2022 (USD Million)
Table 37 Flow Meters Market Size in Metals & Mining, By Region, 2015-2022 (USD Million)
Table 38 Flow Meters Market Size in Other End-Use Industries, By Region, 2015-2022 (USD Million)
Table 39 Flow Meters Market Size, By Region, 2015-2022 (USD Million)
Table 40 Asia Pacific: Flow Meters Market Size, By Country, 2015-2022 (USD Million)
Table 41 Asia Pacific: Flow Meters Market Size, By Type, 2015-2022 (USD Million)
Table 42 Asia Pacific: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 43 China: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 44 Japan: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 45 India: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 46 South Korea: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 47 Malaysia: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 48 Australia & New Zealand: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 49 Rest of Asia-Pacific: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 50 North America: Flow Meters Market Size, By Country, 2015-2022 (USD Million)
Table 51 North America: Flow Meters Market Size, By Type, 2015-2022 (USD Million)
Table 52 North America: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 53 Us: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 54 Canada: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 55 Mexico: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 56 Europe: Flow Meters Market Size, By Country, 2015-2022 (USD Million)
Table 57 Europe: Flow Meters Market Size, By Type, 2015-2022 (USD Million)
Table 58 Europe: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 59 Germany: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 60 France: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 61 Uk: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 62 Italy: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 63 Spain: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 64 Scandinavia: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 65 Rest of Europe: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 66 South America: Flow Meters Market Size, By Country, 2015-2022 (USD Million)
Table 67 South America: Flow Meters Market Size, By Type, 2015-2022 (USD Million)
Table 68 South America: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 69 Brazil: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 70 Argentina: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 71 Rest of South America: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 72 Middle East & Africa: Flow Meters Market Size, By Country, 2015-2022 (USD Million)
Table 73 Middle East & Africa: Flow Meters Market Size, By Type, 2015-2022 (USD Million)
Table 74 Middle East & Africa: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 75 Saudi Arabia: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 76 Iran: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 77 Rest of Middle East & Africa: Flow Meters Market Size, By End-Use Industry, 2015-2022 (USD Million)

List of Figures
Figure 1 Flow Meters: Market Segmentation
Figure 2 Flow Meters Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Flow Meters Market: Data Triangulation
Figure 6 Magnetic Flow Meters to Dominate the Market Between 2017 And 2022
Figure 7 Oil & Gas End-Use Industry to Register the Highest CAGR During the Forecast Period
Figure 8 Asia Pacific Accounted for the Largest Market Share in 2016
Figure 9 Increasing Demand from Oil & Gas And Water & Wastewater End-Use Industries to Drive the Market Between 2017 And 2022
Figure 10 Asia Pacific to Lead the Flow Meters Market During the Forecast Period
Figure 11 China Accounted for the Largest Market Share in Asia-Pacific
Figure 12 Water & Wastewater Segment Accounted for the Largest Market Share in 2016
Figure 13 China to Register the Highest CAGR During the Forecast Period
Figure 14 Overview of Factors Governing the Flow Meters Market
Figure 15 Porter’s Five Forces Analysis
Figure 16 Global Annual Oil Production Vs. Consumption (Tbpd), 2012-2016
Figure 17 Global Annual Crude Oil Production, 2015-2018 (Mbpd)
Figure 18 Ultrasonic Flow Meters to Register the Highest CAGR During the Forecast Period
Figure 19 Oil & Gas Segment to Register the Highest CAGR Between 2017 And 2022
Figure 20 Asia Pacific to Register the Highest CAGR Between 2017 And 2022
Figure 21 Asia Pacific Market Snapshot: China Accounted for the Largest Market Share in 2016
Figure 22 North American Flow Meters Market Snapshot: Us to Dominate the Flow Meters Market Between 2017 And 2022
Figure 23 Europe Market Snapshot: Germany Accounted for the Largest Market Share in 2016
Figure 24 Flow Meters Market Ranking, 2016
Figure 25 Honeywell International Inc.: Company Snapshot
Figure 26 Siemens Ag: Company Snapshot
Figure 27 Emerson Electric Company: Company Snapshot
Figure 28 Abb Ltd.: Company Snapshot
Figure 29 General Electric: Company Snapshot
Figure 30 Yokogawa Electric Corporation: Company Snapshot
Figure 31 Azbil Corporation: Company Snapshot
Figure 32 Badger Meter Inc.: Company Snapshot
Figure 33 Endress + Hauser Management Ag: Company Snapshot
Figure 34 Schneider Electric Se: Company Snapshot

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abb Ltd.
  • Badger Meter Inc.
  • Equflow B.V.
  • Krohne Messtechnik Gmbh
  • Mccrometer
  • Seametrics Inc.
  • MORE

The flow meters market is projected to grow from USD 6.81 Billion in 2017 to USD 9.30 Billion by 2022, at a CAGR of 6.42% from 2017 to 2022. The growth of this market can be attributed to the increasing demand from oil & gas and water & waste water industries.

The flow meters market has been segmented on the basis of type, end-use industry, and region. On the basis of type, the flow meters market has been segmented into differential pressure, magnetic, coriolis, positive displacement, turbine, vortex, ultrasonic, and others (thermal and multiphase flow meters). The ultrasonic flow meter is the fastest-growing segment of the flow meters market on account of their low maintenance and reliability. Ultrasonic flow meters are accurate and can be used for custody transfer of petroleum and natural gas.

On the basis of end-use industry, the flow meters market is segmented into water & waste water, oil & gas, chemicals, power generation, pulp & paper, and food & beverages. The oil & gas segment is projected to grow at the highest CAGR between 2017 and 2022. This is because the oil and gas industry is booming in the emerging economies which in turn drives the growth of flow meters. Flow meters are largely used flow measurement of crude oil, custody transfer among others that offers tremendous growth opportunities.

Based on region, the flow meters market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia Pacific is the largest market for flow meters and is expected to continue to lead the market by 2022. It is also the fastest-growing market between 2017 and 2022. Emerging economies such as China and India are making investments in the water & wastewater, energy and power, refining, chemicals, and industrial infrastructure activities, which have contributed significantly to the growth of the flow meter market in Asia Pacific. Most of the key players operating in the flow meter market have their production capacity in this region since the production cost in this region is lower compared to other regions.

The increased focus on modernizing the processes and operations in industries increased the demand for flow meters. However, these flow meters are not compatible with modern machines and need to be replaced by the new ones which are smarter and intelligent. Hence, cost of replacing the traditional flow meters is high and is a major factor restraining the growth of the flow meters market.

New product launches and expansions were considered the major development strategies adopted by key players operating in the flow meters market between 2013 and August 2017. Companies such as Honeywell (US), Siemens (Germany), Emerson Electric Co. (US), ABB Ltd. (Switzerland), and Yokogawa Electric (Japan) adopted these development strategies to enhance their product offerings and customer base as well as gain a competitive edge over their peers in the market. These companies are also focused on investing in research & development activities to introduce new and cost-effective materials to keep up with the changing consumer needs.

Note: Product cover images may vary from those shown
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  • Abb Ltd.
  • Aw-Lake Company
  • Azbil Corporation
  • Badger Meter Inc.
  • Brooks Instruments Llc
  • Emerson Electric Company
  • Endress+Hauser Management Ag
  • Equflow B.V.
  • Flow Meter Group
  • General Electric Company
  • Honeywell International Inc.
  • Katronic Technologies Ltd.
  • Kem Kuppers Elektromechanik Gmbh
  • Krohne Messtechnik Gmbh
  • Litre Meter Limited
  • Max Machinery Inc.
  • Mccrometer
  • Parker Hannifin Corp.
  • Schneider Electric Se
  • Seametrics Inc.
  • Sensirion Ag
  • Sick Ag
  • Siemens Ag
  • Sierra Instruments, Inc.
  • Thermal Instruments Co.
  • Yokogawa Electric Corporation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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