Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global Flow Meter Market Report, Industry Trends, Growth, Share and Forecast Till 2023

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Report Description Report Description and Highlights Flow Meter Market Report By Product Type (Analog Flow Meter and Smart Flow Meter), Application (Residential, Industrial and Commercial), Region Over the past few years, the global flow meter market has witnessed a healthy growth due to the growing adoption of flow meters in industries like gas, water, pulp and paper, HVAC, automotive, food processing, and petroleum. Market Overview: According to the latest report by IMARC Group, entitled “Flow Meter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast ”, the global flow meter market reached a value of US$ 6 Billion in A flow meter, popularly known as a flow gauge, refers to an electronic device used for measuring the quantity and flow rate of a liquid, gas or vapor. Flow meters are widely used for computing household utility consumption, flare management in refineries and measuring the flow of oil, fuel, water, paint and chemicals. Their performance relies on factors such as pressure, temperature, viscosity, density and change in the kinetic energy of the matter. Owing to their advantages, flow meters are gaining traction in several end-use industries including gas, pulp and paper, water, HVAC, automotive, food processing, and petroleum.

Report Description Report Description and Highlights Market Trends: The installation of flow meters helps in analyzing the incurred cost, reducing energy wastes and taking effective measures for conserving energy. Apart from this, the governments across numerous regions are taking initiatives and implementing regulations which are focusing on energy conservation, thereby promoting the employment of flow meters. Further, in order to expand their consumer-base, the manufacturers are introducing innovative flow meters by using new technologies. For instance, the emergence of the Internet of Things (IoT) has led to the advent of smart flow rate measurement solutions, thereby providing a thrust to the growth of the flow meter market. On account of the aforementioned factors, the market is projected to reach a value of US$ 9 Billion by 2023, expanding at a CAGR of nearly 7% during Flow Meter Market Segmentation: Market Segmentation by Product Type o Analog Flow Meter o Smart Flow Meter Request for a sample report:

Sample Figure: Global: Flow Meter Market Forecast: Sales Value (in Billion US$), Market Forecast

Report Description Market Segmentation Based on products, the market is bifurcated as analog and smart flow meters. Amongst these, analog flow meter represents the most popular product type, holding the majority of the market share. Market Segmentation by Application Residential Industrial Commercial The market is also segregated on the basis of application into residential, industrial and commercial. Presently, the residential segment dominates the market, representing the largest application area. Market Segmentation by Region North America Europe Asia Pacific Latin America Middle East and Africa For more information, click here:

North America Latin America Europe Middle East and Africa Asia- Pacific Regional Segmentation

Report Description Market Segmentation Region-wise, the market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Currently, North America is the leading market, accounting for the majority of the total share. Market Segmentation by Imports and Exports Imports by Major Countries Exports by Major Countries On assessing the import and export scenario of the market, it is found that the United States and Germany are the biggest importer and exporter of flow meters, respectively. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. ABB Group Emerson Electric Siemens Schneider Electric Saison Information System Co Ltd

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Report Description Report Description and Highlights © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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