Global Electromagnetic Flow Meter Market - Forecasts from 2018 to 2023

The global electromagnetic flow meter market is projected to expand at a compound annual growth rate of 5.12% over the forecast period 2017 to 2023. This market growth is majorly being driven by the rapid adoption of these flow meters by several end-user industries such as food and beverage, mining, chemical and others. Increasing investments by industry players towards increasing the production capacities and expansion of manufacturing facilities into newer markets is further fuelling the demand for advanced solutions for monitoring the flow, and in turn is augmenting the demand for electromagnetic flow meters over the forecast period. Furthermore, investments by major market players into research and development aimed at improving the efficiency and overall performance of these flow meters is further contributing to the market growth.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the electromagnetic flow meter value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global electromagnetic flow meter market.
Major industry players profiled as part of the report are ABB, Hitachi High Technologies Corporation, and Siemens AG among others.

Segmentation:

By Type

• Flange type


• Insertion type

By Component

• Detector


• Converter

By End-User Industry

• Wastewater


• Food and Beverage


• Chemical


• Mining


• Others

By Geography

North America

• US


• Canada


• Others


• South America


• Brazil


• Argentina


• Others

Europe

• UK


• Germany


• France


• Italy


• Others

Middle East and Africa

• Saudi Arabia


• UAE


• Israel


• Others


• Asia- Pacific


• Japan


• China


• India


• Australia


• Others