The flow meter market offers a variety of flow measurement solutions ranging from differential pressure, magnetic, vortex, ultrasonic, mass, thermal and positive displacement flow meters. Flow meters help measure the rate of liquid and gas flow through pipes or conduits in several industries including oil & gas, water & wastewater treatment, food & beverage, chemical and power. Flow meters provide accuracy over a wide range of flow rates and low maintenance.
The Global flow meter market is estimated to be valued at US$ 8.43 Bn in 2024 and is expected to exhibit a CAGR of 3.7% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the flow meter market are India Systems Pvt. Ltd., Enkay Technologies, Budget Signs, Truknox Technologies, Intellicon, BH Enterprizes, BenQ Corporation, Sony Corporation, Sharp Corporation, Panasonic Corporation, LG Electronics Inc., and Samsung Electronics Co. Ltd.
Key opportunities in the Flow Meters Market Size include rising adoption in chemical and pharmaceutical industries for process monitoring and control. Asia Pacific region is expected to offer major growth opportunities owing to increasing industrialization.
Technological advancements such as development of multi-functional and smart flow meters with integration of IoT, cloud computing and data analytics offer accurate real-time measurement and remote monitoring capabilities.
Get more insights on - Flow Meter Market
English
Arabic
Français
Español
Português
Deutsch
Dutch
Italiano
Russian
Romaian