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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 - Forecast to 2029

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    Report

  • 257 Pages
  • June 2024
  • Region: Global
  • Markets and Markets
  • ID: 5338189
Description Jump to:
The flow meters market is poised for significant growth, with a projected value of USD 12.6 billion by 2029, exhibiting a robust CAGR of 6.7% from its 2024 value of USD 9.1 billion. The flow meters market is witnessing substantial growth, primarily driven by two key factors. The expansion of industrial activities and the increasing focus on water and wastewater management.

As industries such as oil and gas, chemicals, and manufacturing continue to grow, the need for precise flow measurement becomes critical for optimizing processes, ensuring safety, and meeting regulatory standards. Flow meters play a vital role in monitoring and controlling the flow of liquids and gases, enhancing operational efficiency and product quality. Simultaneously, the rising global emphasis on sustainable water management and environmental protection has led to significant investments in water distribution and wastewater treatment infrastructure.

Coriolis segment is estimated to be the second fastest-growing type for flow meter market during the forecast period 2024 to 2029.

Coriolis flow meters are projected to be the second fastest-growing type from 2024 to 2029 due to their unparalleled accuracy and versatility in measuring mass flow and density of both liquids and gases. These meters are highly valued in industries such as oil and gas, chemicals, and food and beverage, where precise flow measurement is critical for process optimization and quality control. The growing emphasis on efficiency and regulatory compliance further boosts their adoption. Coriolis meters' ability to provide direct mass flow measurements without the need for additional temperature and pressure compensation makes them especially reliable. Their advanced diagnostic capabilities and minimal maintenance requirements also contribute to their rapid growth, as industries seek robust and accurate flow measurement solutions.

Refining & petrochemical was the third largest segment in flow meters market in 2023, in terms of value.

The refining and petrochemical segment was the third largest end-use industry for the flow meter market. This sector's demand for precise and reliable flow measurement is driven by the need to ensure optimal process control, product quality, and safety. Flow meters are critical in monitoring various stages of refining and chemical processing, including fluid movement, mixing, and reaction control. The ongoing global demand for refined petroleum products and petrochemicals, coupled with investments in modernizing existing facilities and expanding capacity, has significantly boosted the adoption of advanced flow meters. Additionally, stringent environmental and safety regulations in the refining and petrochemical industries necessitate accurate flow measurement, further solidifying this segment's position in the market.

Middle East & Africa is estimated to be the second fastest growing segment of flow meters market during forecasted year from 2024 to 2029, in terms of value.

The Middle East & Africa is projected to be the second fastest-growing region for the flow meter market from 2024 to 2029 due to significant investments in the oil and gas sector and the expansion of water and wastewater infrastructure. The region's abundant hydrocarbon resources drive continuous exploration and production activities, necessitating accurate flow measurement for efficiency and regulatory compliance. Additionally, rapid urbanization and population growth are increasing the demand for improved water management solutions, prompting investments in modern water distribution and wastewater treatment facilities. These developments, coupled with the adoption of advanced technologies and smart infrastructure, are fueling the demand for sophisticated flow meters, making the Middle East & Africa a key growth region during the forecast period.

In the meticulous process of determining and verifying market sizes for multiple segments and subsegments, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:
  • By Company Type: Tier 1 - 69%, Tier 2 - 23%, and Tier 3 - 8%
  • By Designation: - Director Level - 27%, C-Level - 25%, and Others - 48%
  • By Region: North America - 32%, Europe - 28%, Asia Pacific - 21%, South America - 12%, and Middle East & Africa - 7%
The key market players illustrated in the report 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).

Research Coverage

This report segments the market for flow meters market based on type, end-use industry, and region, and provides estimations for the overall value (USD Million) of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for flow meters.

Reasons to buy this report

This research report is focused on various levels of analysis - industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the flow meters market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of key drivers (increasing use in oil & gas and water & wastewater industries, rising demand for smart and intelligent flow meters in high-end applications, stringent regulations for wastewater treatment and increasing capacity additions, increasing pharmaceuticals production capacity in asia pacific), restraints (complexity and maintenance, compatibility and integration issue), opportunities (increased investments in process automation from india and china, increasing capacity expansions and joint venture activities by end users in high-growth markets), and challenges (high initial cost of coriolis and magnetic flow meters, fit for purpose flow meters lacking in the industrial end-use industry).
  • Market Penetration: Comprehensive information on flow meters market offered by top players in the global flow meters market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the flow meters market.
  • Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for flow meters market across regions
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global flow meters market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the flow meters market
  • Impact of recession on flow meters market

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Flow Meter Market: Inclusions & Exclusions
1.2.2 Flow Meter Market: Market Definition and Inclusions, by Type
1.2.3 Flow Meter Market: Market Definition and Inclusions, by End-use Industry
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered
1.4 Currency Considered
1.5 Stakeholders
1.6 Summary of Changes
1.6.1 Impact of Recession
2 Research Methodology
2.1 Research Data
Figure 1 Flow Meter Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Primary Interviews: Demand Side and Supply Side
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Interviews with Experts
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
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
2.2.2 Top-Down Approach
Figure 5 Market Size Estimation Methodology: Approach 3 - Top-Down Approach
2.3 Data Triangulation
Figure 6 Flow Meter Market: Data Triangulation
2.4 Growth Rate Assumptions
2.4.1 Supply Side
Figure 7 Market CAGR Projections from Supply Side
2.4.2 Demand-Side
Figure 8 Market Growth Projections from Demand Side: Drivers and Opportunities
2.5 Impact of Recession
2.6 Research Assumptions
2.7 Research Limitations
2.8 Risk Assessment
Table 1 Flow Meter Market: Risk Assessment
3 Executive Summary
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
4 Premium Insights
4.1 Attractive Opportunities for Players in Flow Meter Market
Figure 12 Growing Demand from Oil & Gas End-use Industry to Drive Flow Meter Market During Forecast Period
4.2 Flow Meter Market, by End-use Industry
Figure 13 Oil & Gas to be Fastest-Growing End-use Industry During the Forecast Period
4.3 Asia-Pacific: Flow Meter Market, by Type and Country
Figure 14 China Accounted for Largest Share of Flow Meter Market in 2023
4.4 Flow Meter Market, Region vs. End-use Industry
Figure 15 Water & Wastewater Accounted for Largest Share in 2023
4.5 Flow Meter Market, by Region
Figure 16 Asia-Pacific to be Largest Market for Flow Meters During Forecast Period
4.6 Flow Meter Market, by Key Country
Figure 17 China to Register Highest CAGR in Flow Meter Market During Forecast Period
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
Figure 18 Drivers, Restraints, Opportunities, and Challenges in Flow Meter Market
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
Table 2 Industrial Demand for Water, by Continent
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
Table 3 GDP Contribution of Top Ten Largest Economies, in Terms of Purchasing Power Parity, 2023
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
Figure 19 Flow Meter Market: 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
Table 4 Flow Meter Market: Porter's Five Forces Analysis
5.4 Macroeconomic Indicators
5.4.1 GDP Trends and Forecast of Most Prominent Economies
Table 5 GDP Trends and Forecast, by Most Prominent Economies, 2021-2029 (USD Billion)
5.5 Supply Chain Analysis
Figure 20 Flow Meter Market: 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
Figure 21 Influence of Stakeholders on Buying Process in Top 3 End-use Industries
Table 6 Influence of Stakeholders on Buying Process in Top 3 End-use Industries (%)
5.6.2 Buying Criteria
Figure 22 Key Buying Criteria for Top 3 End-use Industries
Table 7 Key Buying Criteria for Top 3 End-use Industries
5.7 Pricing Analysis
5.7.1 Indicative Selling Price Trend, by Region
Figure 23 Indicative Selling Price Trend, by Region (USD/Unit)
Table 8 Indicative Average Selling Price Trend of Flow Meter, by Region (USD/Unit)
5.8 Trends/Disruptions Impacting Customer's Business
5.8.1 Revenue Shifts and New Revenue Pockets for Flow Meter
Figure 24 Revenue Shift for Flow Meter Market
5.9 Ecosystem Analysis/Market Map
Figure 25 Flow Meter Market: Ecosystem
Table 9 Flow Meter Market: Ecosystem
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
Figure 26 Import of Flow Meters, by Key Country
Table 10 Import of Flow Meters, by Region, 2017-2022 (USD Million)
5.12.2 Export Scenario
Figure 27 Export of Flow Meters, by Key Country
Table 11 Export of Flow Meters, by Region, 2017-2022 (USD Million)
5.13 Regulatory Landscape
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
5.13.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 17 Flow Meter: Regulatory Bodies, Government Agencies, and Other Organizations
5.14 Key Conferences and Events in 2024-2025
Table 18 Flow Meter Market: Key Conferences and Events, 2024-2025
5.15 Investment and Funding Scenario
Table 19 Flow Meter Market: Funding/Investment
5.16 Patent Analysis
5.16.1 Approach
5.16.2 Patent Types
Table 20 Flow Meter Market: Patent Status
Figure 28 Patents Registered for Flow Meters, 2013-2023
Figure 29 Top Patent Owners in Last 10 Years
Table 21 Major Patents for Flow Meters
5.16.3 Top Applicants
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
Figure 30 Legal Status of Patents Filed for Flow Meters
5.16.4 Jurisdiction Analysis
Figure 31 Maximum Patents Filed in Jurisdiction of China
6 Flow Meter Market, by Fluid Type
6.1 Introduction
6.2 Liquid
6.3 Gas
6.4 Steam
7 Flow Meter Market, by Technology
7.1 Introduction
7.2 Analog Flow Meter
7.3 Digital Flow Meter
8 Flow Meter Market, by Type
8.1 Introduction
Figure 32 Ultrasonic Flow Meters to be Fastest-Growing Segment During Forecast Period
Table 26 Flow Meter Market, by Type, 2018-2022 (USD Million)
Table 27 Flow Meter Market, by Type, 2023-2029 (USD Million)
8.2 Differential Pressure
8.2.1 High Reliability and Accuracy of Differential Pressure to Drive Market
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
8.3 Positive Displacement
8.3.1 Growing Demand in Various Industries to Drive Market
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
8.4 Ultrasonic
8.4.1 Growing Need for Efficient Water and Energy Management to Drive Market
Table 39 Ultrasonic: Flow Meter Market, by Region, 2018-2022 (USD Million)
Table 40 Ultrasonic: Flow Meter Market, by Region, 2023-2029 (USD Million)
8.4.2 Spool Pieces
8.4.3 Clamp-On Ultrasonic Flow Meters
8.4.4 Insertion Ultrasonic Flow Meters
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
8.5 Turbine
8.5.1 Industrial Automation and Process Optimization to Drive Market
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
8.6 Magnetic
8.6.1 Increasing Demand for Clean Water and Wastewater Treatment to Drive Market
Table 47 Magnetic: Flow Meter Market, by Region, 2018-2022 (USD Million)
Table 48 Magnetic: Flow Meter Market, by Region, 2023-2029 (USD Million)
8.6.2 In-Line Magnetic
8.6.3 Insertion Magnetic
8.6.4 Low Flow Magnetic
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
8.7 Coriolis
8.7.1 Broad Range of Applications in Various Industries to Drive Market
Table 52 Coriolis: Flow Meter Market, by Region, 2018-2022 (USD Million)
Table 53 Coriolis: Flow Meter Market, by Region, 2023-2029 (USD Million)
8.8 Vortex
8.8.1 Low Initial Set-Up Cost to Drive Market
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
8.9 Other Types
8.9.1 Thermal Flow Meters
Table 57 Thermal: Advantages and Disadvantages
8.9.2 Multiphase Flow Meters
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)
9 Flow Meter Market, by End-use Industry
9.1 Introduction
Table 60 Applications of Flow Meters in End-use Industries
Figure 33 Oil & Gas Industry to Register Highest CAGR in Flow Meter Market
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)
9.2 Water & Wastewater
9.2.1 Rising Demand for High Water Quality to Drive Market
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)
9.3 Refining & Petrochemical
9.3.1 Demand for Accurate Flow Measurement to Drive Market
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)
9.4 Oil & Gas
9.4.1 Expansion of Infrastructure and Digitalizing of Processes to Drive Demand
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)
9.5 Chemical
9.5.1 Growing Demand for Specialty Chemicals to Drive Market
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)
9.6 Power Generation
9.6.1 Need to Measure Non-Conductive Liquids Used in Power Generation to Drive Market
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)
9.7 Pulp & Paper
9.7.1 Need for Pressure & Temperature and Process & Inventory Level Measurements to Drive Market
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)
9.8 Food & Beverage
9.8.1 Necessity to Comply with Environmental Regulations to Drive Demand
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)
9.9 Pharmaceutical
9.9.1 Significant Rise in Production of Pharmaceuticals to Drive Demand
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)
9.10 Metals & Mining
9.10.1 Wide Applications in Metals & Mining Industry to Drive Demand
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)
9.11 Other End-use Industries
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)
10 Flow Meter Market, by Region
10.1 Introduction
Figure 34 Asia-Pacific to Register Highest CAGR Between 2024 and 2029
Table 83 Flow Meter Market, by Region, 2018-2022 (USD Million)
Table 84 Flow Meter Market, by Region, 2023-2029 (USD Million)
10.2 Asia-Pacific
Figure 35 Asia-Pacific: Flow Meter Market Snapshot
10.2.1 Recession Impact
10.2.2 Asia-Pacific: Flow Meter Market, by Type
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)
10.2.3 Asia-Pacific: Flow Meter Market, by End-use Industry
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)
10.2.4 Asia-Pacific: Flow Meter Market, by Country
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)
10.2.4.1 China
10.2.4.1.1 Strong Growth of Manufacturing Sector to Drive Market
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)
10.2.4.2 Japan
10.2.4.2.1 Growing Investment in Chemical and Power Generation Industries to Support Market Growth
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)
10.2.4.3 India
10.2.4.3.1 Growing Fdi Investments in Manufacturing Industry to Support Market Growth
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)
10.2.4.4 South Korea
10.2.4.4.1 Investments in Water & Wastewater Treatment Industry to Play Key Role in Market Growth
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)
10.2.4.5 Malaysia
10.2.4.5.1 Oil & Gas Industry to Play Key Role in Market Growth
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)
10.2.4.6 Australia & New Zealand
10.2.4.6.1 Fuel Industry to Drive Demand
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)
10.3 North America
Figure 36 North America: Flow Meter Market Snapshot
10.3.1 Recession Impact
10.3.2 North America: Flow Meter Market, by Type
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)
10.3.3 North America: Flow Meter Market, by End-use Industry
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)
10.3.4 North America: Flow Meter Market, by Country
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)
10.3.4.1 US
10.3.4.1.1 Slump in Oil & Gas and Chemical Production to Have Significant Impact on Market
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)
10.3.4.2 Canada
10.3.4.2.1 Growing Government Investments in Water & Wastewater Industry to Boost Market
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)
10.3.4.3 Mexico
10.3.4.3.1 Increasing Investments in Oil & Gas and Growing Food & Beverage Industry to Drive Market
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)
10.4 Europe
Figure 37 Europe: Flow Meter Market Snapshot
10.4.1 Recession Impact
10.4.2 Europe: Flow Meter Market, by Type
Table 115 Europe: Flow Meter Market, by Type, 2018-2022 (USD Million)
Table 116 Europe: Flow Meter Market, by Type, 2023-2029 (USD Million)
10.4.3 Europe: Flow Meter Market, by End-use Industry
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)
10.4.4 Europe: Flow Meter Market, by Country
Table 119 Europe: Flow Meter Market, by Country, 2018-2022 (USD Million)
Table 120 Europe: Flow Meter Market, by Country, 2023-2029 (USD Million)
10.4.4.1 Germany
10.4.4.1.1 Strong Economic Recovery Post-COVID-19 Pandemic to Favor Market Growth
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)
10.4.4.2 France
10.4.4.2.1 Government Initiatives to Boost Manufacturing Sector to Support Market
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)
10.4.4.3 UK
10.4.4.3.1 Growing Water Treatment and Chemical Industries to Drive Demand
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)
10.4.4.4 Italy
10.4.4.4.1 Industrial Sector to Drive Flow Meter Market
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)
10.4.4.5 Spain
10.4.4.5.1 Strong Focus on Revival of Economy to Propel Market
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)
10.4.4.6 Scandinavia
10.4.4.6.1 Export-Oriented Economy to Drive Market
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)
10.5 South America
10.5.1 Recession Impact
10.5.2 South America: Flow Meter Market, by Type
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)
10.5.3 South America: Flow Meter Market, by End-use Industry
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)
10.5.4 South America: Flow Meter Market, by Country
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)
10.5.4.1 Brazil
10.5.4.1.1 Rising Demand from Chemical and Oil & Gas Industries to Support Market Growth
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)
10.5.4.2 Argentina
10.5.4.2.1 Oil & Natural Gas Sector to Drive Flow Meter Market
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)
10.6 Middle East & Africa
10.6.1 Recession Impact
10.6.2 Middle East & Africa: Flow Meter Market, by Type
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)
10.6.3 Middle East & Africa: Flow Meter Market, by End-use Industry
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)
10.6.4 Middle East & Africa: Flow Meter Market, by Country
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)
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
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)
10.6.4.2 Iran
10.6.4.2.1 Doubling of Oil Production to Significantly Impact Flow Meter Market
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)
11 Competitive Landscape
11.1 Introduction
11.2 Key Player Strategies/ Right to Win
Table 153 Overview of Strategies Adopted by Key Manufacturers of Flow Meters
11.3 Market Share Analysis
Table 154 Flow Meter Market: Degree of Competition
Figure 38 Emerson Electric Co. Led Flow Meter Market in 2023
11.3.1 Ranking of Key Market Players, 2023
Figure 39 Ranking of Key Market Players of Flow Meters, 2023
11.4 Revenue Analysis of Major Players (2019-2023)
Figure 40 Revenue Analysis of Key Companies in Last 5 Years
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
Figure 41 Company Evaluation Matrix: Key Players, 2023
11.5.5 Company Footprint: Key Players, 2023
11.5.5.1 Company Footprint
Figure 42 Flow Meter Market: Company Footprint
11.5.5.2 Region Footprint
Table 155 Flow Meter Market: Region Footprint
11.5.5.3 Type Footprint
Table 156 Flow Meter Market: Type Footprint
11.5.5.4 End-use Industry Footprint
Table 157 Flow Meter Market: 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
Figure 43 Company Evaluation Matrix: Start-Ups/SMEs, 2023
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
Figure 44 Company Valuation of Key Players
Figure 45 EV/Ebitda of Key Players
11.8 Brand/Product Comparison Analysis
11.9 Competitive Situations and Trends
11.9.1 Product Launches
Table 158 Flow Meter Market: Product Launches (January 2018- December 2023)
11.9.2 Deals
Table 159 Flow Meter Market: Deals (January 2018- December 2023)
11.9.3 Expansions
Table 160 Flow Meter Market: Expansions (January 2018- December 2023)
11.9.4 Other Developments
Table 161 Flow Meter Market: Other Developments (January 2018- December 2023)
12 Company Profiles
12.1 Key Players
(Business Overview, Products Offered, Recent Developments, and Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1.1 Honeywell International Inc.
Table 162 Honeywell International Inc.: Company Overview
Figure 46 Honeywell International Inc.: Company Snapshot
Table 163 Honeywell International Inc.: Products/Solutions/Services Offered
12.1.2 Siemens AG
Table 164 Siemens AG: Company Overview
Figure 47 Siemens AG: Company Snapshot
Table 165 Siemens AG : Products/Solutions/Services Offered
12.1.3 Emerson Electric Co.
Table 166 Emerson Electric Co.: Company Overview
Figure 48 Emerson Electric Co.: Company Snapshot
Table 167 Emerson Electric Co.: Products/Solutions/Services Offered
Table 168 Emerson Electric Co.: Product Launches
Table 169 Emerson Electric Co.: Other Developments
12.1.4 ABB Ltd.
Table 170 ABB Ltd.: Company Overview
Figure 49 ABB Ltd.: Company Snapshot
Table 171 ABB Ltd.: Products/Solutions/Services Offered
12.1.5 Yokogawa Electric Corporation
Table 172 Yokogawa Electric Corporation: Company Overview
Figure 50 Yokogawa Electric Corporation: Company Snapshot
Table 173 Yokogawa Electric Corporation: Products/Solutions/Services Offered
Table 174 Yokogawa Electric Corporation: Deals
Table 175 Yokogawa Electric Corporation: Expansions
12.1.6 Azbil Corporation
Table 176 Azbil Corporation: Company Overview
Figure 51 Azbil Corporation: Company Snapshot
Table 177 Azbil Corporation: Products/Solutions/Services Offered
Table 178 Azbil Corporation: Deals
Table 179 Azbil Corporation: Expansions
12.1.7 Badger Meter, Inc.
Table 180 Badger Meter, Inc.: Company Overview
Figure 52 Badger Meter, Inc.: Company Snapshot
Table 181 Badger Meter, Inc.: Products/Solutions/Services Offered
Table 182 Badger Meter, Inc.: Deals
Table 183 Badger Meter, Inc.: Expansions
12.1.8 Endress+Hauser Management AG
Table 184 Endress+Hauser Management AG: Company Overview
Figure 53 Endress+Hauser Management AG: Company Snapshot
Table 185 Endress+Hauser Management AG: Products/Solutions/Services Offered
Table 186 Endress+Hauser Management AG: Deals
Table 187 Endress+Hauser Management AG: Expansions
12.1.9 Krohne Messtechnik GmbH
Table 188 Krohne Messtechnik GmbH: Company Overview
Table 189 Krohne Messtechnik GmbH: Products/Solutions/Services Offered
Table 190 Krohne Messtechnik GmbH: Product Launches
12.1.10 Schneider Electric SE
Table 191 Schneider Electric SE: Company Overview
Figure 54 Schneider Electric SE: Company Snapshot
Table 192 Schneider Electric SE: Products/Solutions/Services Offered
Table 193 Schneider Electric SE: Expansions
12.2 Start-Ups/SMEs
12.2.1 Brooks Instruments LLC
Table 194 Brooks Instruments LLC: Company Overview
12.2.2 Fuji Electric Co. Ltd.
Table 195 Fuji Electric Co. Ltd.: Company Overview
12.2.3 Kem Küppers Elektromechanik GmbH
Table 196 Kem Küppers Elektromechanik GmbH: Company Overview
12.2.4 Max Machinery, Inc.
Table 197 Max Machinery, Inc.: Company Overview
12.2.5 Parker Hannifin Corp.
Table 198 Parker Hannifin Corp.: Company Overview
12.2.6 Tasi Group
Table 199 Tasi Group: Company Overview
12.2.7 Sensirion AG
Table 200 Sensirion AG: Company Overview
12.2.8 Sick AG
Table 201 Sick AG: Company Overview
12.2.9 Thermal Instrument Co.
Table 202 Thermal Instrument Co.: Company Overview
12.2.10 Katronic Technologies Ltd.
Table 203 Katronic Technologies Ltd.: Company Overview
12.2.11 Flow Meter Group
Table 204 Flow Meter Group: Company Overview
12.2.12 Omni Flow Computers, Inc.
Table 205 Omni Flow Computers, Inc.: Company Overview
12.2.13 Henan Dafang Dingsheng Flow Instrument Co. Ltd.
Table 206 Henan Dafang Dingsheng Flow Instrument Co. Ltd.: Company Overview
12.2.14 Flow-Tronic SA
Table 207 Flow-Tronic SA: Company Overview
12.2.15 Mccrometer
Table 208 Mccrometer: Company Overview
*Details on Business Overview, Products Offered, Recent Developments, and Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) Might Not be Captured in Case of Unlisted Companies
13 Adjacent & Related Markets
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
Table 209 Intelligent Flow Meter Market, by Region, 2017-2025 (USD Million)
13.4.1 North America
Table 210 Intelligent Flow Meter Market in North America, by Country, 2017-2025 (USD Million)
13.4.2 Europe
Table 211 Intelligent Flow Meter Market in Europe, by Country, 2017-2025 (USD Million)
13.4.3 Asia-Pacific
Table 212 Intelligent Flow Meter Market in Asia-Pacific, by Country, 2017-2025 (USD Million)
13.4.4 RoW
Table 213 Intelligent Flow Meter Market in RoW, by Region, 2017-2025 (USD Million)
14 Appendix
14.1 Discussion Guide
14.2 Knowledgestore: The Subscription Portal
14.3 Customization Options

Companies Mentioned

  • Honeywell International Inc.
  • Siemens AG
  • Emerson Electric Co.
  • ABB Ltd.
  • Yokogawa Electric Corporation
  • Azbil Corporation
  • Badger Meter, Inc.
  • Endress+Hauser Management AG
  • KROHNE Messtechnik GmbH
  • Schneider Electric SE
  • Brooks Instrument LLC
  • Fuji Electric Co. Ltd.
  • KEM Küppers Elektromechanik GmbH
  • Max Machinery, Inc.
  • Parker-Hannifin Corp.
  • TASI Group
  • Sensirion AG
  • SICK AG
  • Thermal Instrument Co.
  • Katronic Technologies Ltd.
  • Flow Meter Group
  • Omni Flow Computers, Inc.
  • Henan Dafang Dingsheng Flow Instrument Co. Ltd.
  • Flow-Tronic SA
  • McCrometer

Methodology

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Table Information

Report AttributeDetails
No. of Pages257
PublishedJune 2024
Forecast Period2024 - 2029
Estimated Market Value ( USD ) in 2024 $ 9.1 Billion
Forecasted Market Value ( USD ) by 2029 $ 12.6 Billion
Compound Annual Growth Rate6.7%
Regions CoveredGlobal
No. of Companies Mentioned25

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About the Flow Meter Market

Flow meters are a type of oilfield equipment and services used to measure the rate of fluid flow in a pipeline. They are used to measure the amount of oil, gas, or water that is being pumped through a pipeline. Flow meters are used to monitor the flow rate of the fluid, as well as to detect any changes in the flow rate. This helps to ensure that the pipeline is operating efficiently and safely. Flow meters are also used to measure the pressure of the fluid, which is important for controlling the flow rate. Flow meters are available in a variety of sizes and designs, depending on the application. They can be used in both onshore and offshore applications. Flow meters are also used in the production of oil and gas, as well as in the transportation of these products. Some of the companies in the flow meter market include Schlumberger, Halliburton, Baker Hughes, Weatherford, and Emerson. Show Less Read more

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