The flowmeter market size has grown rapidly in recent years. It will grow from $9.95 billion in 2024 to $11.05 billion in 2025 at a compound annual growth rate (CAGR) of 11%. The growth in the historic period can be attributed to growth in emphasis on process optimization and efficiency in industries, increased demand for measurement and monitoring of fluids, expansion of process industries such as oil & gas, chemical, and petrochemical, adoption of automation and instrumentation in industrial processes, focus on water resource management and conservation.
The flowmeter market size is expected to see strong growth in the next few years. It will grow to $15.62 billion in 2029 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to demand for non-invasive and clamp-on flow measurement technologies, integration of flowmeters in iot and industry 4 applications, adoption of flowmeters in biopharmaceutical and life sciences industries, growth in renewable energy sources and biofuels production, investment in research and development for next-generation flow measurement. Major trends in the forecast period include ultrasonic flowmeters for non-invasive measurement, integration with industrial internet of things (iiot), advanced sensor technologies for improved accuracy, wireless and battery-powered flowmeters, focus on smart diagnostics and predictive maintenance.
An increase in pharmaceutical production is anticipated to drive the growth of the flowmeter market. A flowmeter is a device that measures the flow rate of liquids or gases, whether linear, nonlinear, mass, or volumetric. In pharmaceutical manufacturing, flowmeters are utilized to regulate highly sensitive conditions such as pressure and temperature. For example, in February 2023, BioProcess International reported that AbbVie achieved total sales of $58 billion in 2022, with Humira (adalimumab) accounting for $21.2 billion, reflecting a 2.6% increase from the previous year. Thus, the rise in pharmaceutical production is contributing to the expansion of the flowmeter market.
The growing demand for the energy sector is propelling the expansion of the flowmeter market in the future. The energy sector, also referred to as the energy industry, encompasses a wide range of activities associated with the production, generation, distribution, and consumption of energy. Flowmeters play a vital role in the energy sector by measuring and monitoring the flow of various fluids, including oil, natural gas, water, and steam. These devices provide essential data for energy production, distribution, and consumption, ensuring efficient operations while adhering to safety and environmental regulations. For instance, in September 2023, the Government Digital Service, a UK government body, reported a 3 GW increase in renewable energy capacity since the second quarter of 2022, with contributions of 1.2 GW from offshore wind, 1.1 GW from solar PV, and 0.7 GW from onshore wind. This represents a year-over-year rise of 5.8%. In the second quarter of 2023, renewable energy sources generated 42.1% of the total power produced, surpassing both fossil fuels at 38.8% and the same quarter's percentage from the previous year, which was 38.7%. Therefore, the increasing demand for the energy sector is driving the growth of the flowmeter market.
Product advancements represent a notable trend gaining momentum in the flowmeter market. ABB, a Switzerland-based industrial equipment company, launched CoriolisMaster and ProcessMaster flowmeters in September 2023. These flowmeters feature ProfiNet and Power Over Ethernet capabilities, enhancing efficiency, reliability, and data transfer capabilities for precise flow measurement in process industries. This exemplifies the industry's commitment to technological advancement, showcasing instruments that play a vital role in accurate flow measurement.
Major players in the flowmeter market are actively introducing innovative products such as the SONOFLOW CO.55 non-contact flow meter to enhance their profitability. The SONOFLOW CO.55, an ultrasonic clamp-on flow meter, is specifically designed for the precise and consistent detection of liquid flow rates in flexible plastic tubing. In May 2022, Sonotec GmbH, a Germany-based electronics manufacturing company, launched the SONOFLOW CO.55 non-contact flow meter. This product finds frequent utilization in bioprocessing applications such as media preparation, inoculation, bioreactor feeding, centrifugation, buffer preparation, chromatography, filtration, and tangential flow filtration.
In September 2024, Baumer, a global company based in Switzerland, acquired Manas Microsystems Pvt. Ltd. for an undisclosed amount. The goal of this acquisition is to strengthen Baumer's position in the flow measurement market by utilizing Manas Microsystems' innovative technology, established customer base, and expertise. Manas Microsystems Pvt. Ltd. is an India-based manufacturing company that produces flow meters for measuring the flow of liquids and gases. The company operates in the industrial automation and instrumentation sector, providing innovative solutions for various applications across different industries.
Major companies operating in the flowmeter market include ABB Group, Emerson Electric Co., Em-Tec GmbH, Endress+Hauser Management AG, General Electric Company (GE), Hitachi Ltd., Honeywell International Inc., Höntzsch GmbH, KROHNE Messtechnik GmbH, Siemens AG, Yokogawa Electric Corporation, VSE Volumentechnik GmbH, Keyence Corporation, Schneider Electric SE, Azbil Corporation, Badger Meter, Max Machinery Inc., Omega Engineering EMEA, Scharf Automation Pvt. Ltd., Forbes Marshall, Kral AG, Electronet Equipments Pvt Ltd., SIKA Dr. Siebert & Kühn GmbH & Co., Sierra Instruments, Fluid Components International LLC, McCrometer Inc., KOBOLD Messring GmbH, ONICON Incorporated, Seametrics Inc., Vogtlin Instruments GmbH, Alicat Scientific.
A flowmeter is a device utilized for measuring the flow rate of liquids or gases, whether linear, nonlinear, mass, or volumetric. It is also known as a flow sensor and can be employed for measuring flow in open channels such as rivers or streams. The advantages of flowmeters include enhancing the accuracy, precision, and resolution of fluid measurements.
There are various types of flowmeters available, encompassing differential pressure flow meters, positive displacement flow meters, ultrasonic flow meters, turbine flow meters, magnetic flow meters, Coriolis flow meters, and vortex flow meters. Differential pressure flow meters function based on partially obstructing the flow in a pipe and are widely used, with estimates suggesting that at least 40% of industrial flowmeters currently in use belong to this category. Positive displacement flow meters precisely measure the volume of fluid passing through, offering options in industrial grade, brass, or all-plastic construction. Flowmeters find applications across residential, industrial, and commercial settings. They are extensively utilized across various industries, including water and wastewater management, oil and gas, chemicals, power generation, pulp and paper, and the food and beverage sectors.
The flowmeter market research report is one of a series of new reports that provides flowmeter market statistics, including flowmeter industry global market size, regional shares, competitors with a flowmeter market share, detailed flowmeter market segments, market trends, and opportunities, and any further data you may need to thrive in the flowmeter industry. This flowmeter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Asia-Pacific was the largest region in the flowmeter market in 2024. Europe is expected to be the second largest region in the forecast period. The regions covered in the flowmeter market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the flowmeter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The flowmeter market consists of sales of multiphase meters, volumetric flowmeters, mass flowmeters, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The flowmeter market size is expected to see strong growth in the next few years. It will grow to $15.62 billion in 2029 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to demand for non-invasive and clamp-on flow measurement technologies, integration of flowmeters in iot and industry 4 applications, adoption of flowmeters in biopharmaceutical and life sciences industries, growth in renewable energy sources and biofuels production, investment in research and development for next-generation flow measurement. Major trends in the forecast period include ultrasonic flowmeters for non-invasive measurement, integration with industrial internet of things (iiot), advanced sensor technologies for improved accuracy, wireless and battery-powered flowmeters, focus on smart diagnostics and predictive maintenance.
An increase in pharmaceutical production is anticipated to drive the growth of the flowmeter market. A flowmeter is a device that measures the flow rate of liquids or gases, whether linear, nonlinear, mass, or volumetric. In pharmaceutical manufacturing, flowmeters are utilized to regulate highly sensitive conditions such as pressure and temperature. For example, in February 2023, BioProcess International reported that AbbVie achieved total sales of $58 billion in 2022, with Humira (adalimumab) accounting for $21.2 billion, reflecting a 2.6% increase from the previous year. Thus, the rise in pharmaceutical production is contributing to the expansion of the flowmeter market.
The growing demand for the energy sector is propelling the expansion of the flowmeter market in the future. The energy sector, also referred to as the energy industry, encompasses a wide range of activities associated with the production, generation, distribution, and consumption of energy. Flowmeters play a vital role in the energy sector by measuring and monitoring the flow of various fluids, including oil, natural gas, water, and steam. These devices provide essential data for energy production, distribution, and consumption, ensuring efficient operations while adhering to safety and environmental regulations. For instance, in September 2023, the Government Digital Service, a UK government body, reported a 3 GW increase in renewable energy capacity since the second quarter of 2022, with contributions of 1.2 GW from offshore wind, 1.1 GW from solar PV, and 0.7 GW from onshore wind. This represents a year-over-year rise of 5.8%. In the second quarter of 2023, renewable energy sources generated 42.1% of the total power produced, surpassing both fossil fuels at 38.8% and the same quarter's percentage from the previous year, which was 38.7%. Therefore, the increasing demand for the energy sector is driving the growth of the flowmeter market.
Product advancements represent a notable trend gaining momentum in the flowmeter market. ABB, a Switzerland-based industrial equipment company, launched CoriolisMaster and ProcessMaster flowmeters in September 2023. These flowmeters feature ProfiNet and Power Over Ethernet capabilities, enhancing efficiency, reliability, and data transfer capabilities for precise flow measurement in process industries. This exemplifies the industry's commitment to technological advancement, showcasing instruments that play a vital role in accurate flow measurement.
Major players in the flowmeter market are actively introducing innovative products such as the SONOFLOW CO.55 non-contact flow meter to enhance their profitability. The SONOFLOW CO.55, an ultrasonic clamp-on flow meter, is specifically designed for the precise and consistent detection of liquid flow rates in flexible plastic tubing. In May 2022, Sonotec GmbH, a Germany-based electronics manufacturing company, launched the SONOFLOW CO.55 non-contact flow meter. This product finds frequent utilization in bioprocessing applications such as media preparation, inoculation, bioreactor feeding, centrifugation, buffer preparation, chromatography, filtration, and tangential flow filtration.
In September 2024, Baumer, a global company based in Switzerland, acquired Manas Microsystems Pvt. Ltd. for an undisclosed amount. The goal of this acquisition is to strengthen Baumer's position in the flow measurement market by utilizing Manas Microsystems' innovative technology, established customer base, and expertise. Manas Microsystems Pvt. Ltd. is an India-based manufacturing company that produces flow meters for measuring the flow of liquids and gases. The company operates in the industrial automation and instrumentation sector, providing innovative solutions for various applications across different industries.
Major companies operating in the flowmeter market include ABB Group, Emerson Electric Co., Em-Tec GmbH, Endress+Hauser Management AG, General Electric Company (GE), Hitachi Ltd., Honeywell International Inc., Höntzsch GmbH, KROHNE Messtechnik GmbH, Siemens AG, Yokogawa Electric Corporation, VSE Volumentechnik GmbH, Keyence Corporation, Schneider Electric SE, Azbil Corporation, Badger Meter, Max Machinery Inc., Omega Engineering EMEA, Scharf Automation Pvt. Ltd., Forbes Marshall, Kral AG, Electronet Equipments Pvt Ltd., SIKA Dr. Siebert & Kühn GmbH & Co., Sierra Instruments, Fluid Components International LLC, McCrometer Inc., KOBOLD Messring GmbH, ONICON Incorporated, Seametrics Inc., Vogtlin Instruments GmbH, Alicat Scientific.
A flowmeter is a device utilized for measuring the flow rate of liquids or gases, whether linear, nonlinear, mass, or volumetric. It is also known as a flow sensor and can be employed for measuring flow in open channels such as rivers or streams. The advantages of flowmeters include enhancing the accuracy, precision, and resolution of fluid measurements.
There are various types of flowmeters available, encompassing differential pressure flow meters, positive displacement flow meters, ultrasonic flow meters, turbine flow meters, magnetic flow meters, Coriolis flow meters, and vortex flow meters. Differential pressure flow meters function based on partially obstructing the flow in a pipe and are widely used, with estimates suggesting that at least 40% of industrial flowmeters currently in use belong to this category. Positive displacement flow meters precisely measure the volume of fluid passing through, offering options in industrial grade, brass, or all-plastic construction. Flowmeters find applications across residential, industrial, and commercial settings. They are extensively utilized across various industries, including water and wastewater management, oil and gas, chemicals, power generation, pulp and paper, and the food and beverage sectors.
The flowmeter market research report is one of a series of new reports that provides flowmeter market statistics, including flowmeter industry global market size, regional shares, competitors with a flowmeter market share, detailed flowmeter market segments, market trends, and opportunities, and any further data you may need to thrive in the flowmeter industry. This flowmeter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Asia-Pacific was the largest region in the flowmeter market in 2024. Europe is expected to be the second largest region in the forecast period. The regions covered in the flowmeter market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the flowmeter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The flowmeter market consists of sales of multiphase meters, volumetric flowmeters, mass flowmeters, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Flowmeter Market Characteristics3. Flowmeter Market Trends And Strategies4. Flowmeter Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market32. Global Flowmeter Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Flowmeter Market34. Recent Developments In The Flowmeter Market
5. Global Flowmeter Growth Analysis And Strategic Analysis Framework
6. Flowmeter Market Segmentation
7. Flowmeter Market Regional And Country Analysis
8. Asia-Pacific Flowmeter Market
9. China Flowmeter Market
10. India Flowmeter Market
11. Japan Flowmeter Market
12. Australia Flowmeter Market
13. Indonesia Flowmeter Market
14. South Korea Flowmeter Market
15. Western Europe Flowmeter Market
16. UK Flowmeter Market
17. Germany Flowmeter Market
18. France Flowmeter Market
19. Italy Flowmeter Market
20. Spain Flowmeter Market
21. Eastern Europe Flowmeter Market
22. Russia Flowmeter Market
23. North America Flowmeter Market
24. USA Flowmeter Market
25. Canada Flowmeter Market
26. South America Flowmeter Market
27. Brazil Flowmeter Market
28. Middle East Flowmeter Market
29. Africa Flowmeter Market
30. Flowmeter Market Competitive Landscape And Company Profiles
31. Flowmeter Market Other Major And Innovative Companies
35. Flowmeter Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Flowmeter Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on flowmeter market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for flowmeter ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The flowmeter market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Differential Pressure Flow Meter; Positive displacement Flow Meter; Ultrasonic Flow Meter; Turbine Flow Meter; Magnetic Flow Meter; Coriolis Flow Meter; Vortex Flow Meter; Other Flow Meters2) By Application: Residential; Industrial; Commercial
3) By End User: Water and Wastewater; Oil and Gas; Chemicals; Power Generation; Pulp and Paper; Food and Beverage; Other End Users
Subsegments:
1) By Differential Pressure Flow Meter: Orifice Plate Flow Meters; Venturi Meters; Flow Nozzles2) By Positive Displacement Flow Meter: Gear Flow Meters; Diaphragm Flow Meters; Piston Flow Meters
3) By Ultrasonic Flow Meter: Transit-Time Ultrasonic Meters; Doppler Ultrasonic Meters
4) By Turbine Flow Meter: Inline Turbine Flow Meters; Insertion Turbine Flow Meters
5) By Magnetic Flow Meter: Electromagnetic Flow Meters; Insertion Magnetic Flow Meters
6) By Coriolis Flow Meter: Mass Coriolis Flow Meters; Density Coriolis Flow Meters
7) By Vortex Flow Meter: Karman Vortex Flow Meters; Multi-Parameter Vortex Flow Meters
8) By Others Flow Meter: Thermal Flow Meters; Variable Area Flow Meters (Rotameters)
Key Companies Mentioned: ABB Group; Emerson Electric Co.; Em-Tec GmbH; Endress+Hauser Management AG; General Electric Company (GE)
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- ABB Group
- Emerson Electric Co.
- Em-Tec GmbH
- Endress+Hauser Management AG
- General Electric Company (GE)
- Hitachi Ltd.
- Honeywell International Inc.
- Höntzsch GmbH
- KROHNE Messtechnik GmbH
- Siemens AG
- Yokogawa Electric Corporation
- VSE Volumentechnik GmbH
- Keyence Corporation
- Schneider Electric SE
- Azbil Corporation
- Badger Meter
- Max Machinery Inc.
- Omega Engineering EMEA
- Scharf Automation Pvt. Ltd.
- Forbes Marshall
- Kral AG
- Electronet Equipments Pvt Ltd.
- SIKA Dr. Siebert & Kühn GmbH & Co.
- Sierra Instruments
- Fluid Components International LLC
- McCrometer Inc.
- KOBOLD Messring GmbH
- ONICON Incorporated
- Seametrics Inc.
- Vogtlin Instruments GmbH
- Alicat Scientific
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | January 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 11.05 Billion |
| Forecasted Market Value ( USD | $ 15.62 Billion |
| Compound Annual Growth Rate | 9.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 31 |
