Industry Outlook
Even though simple in construction and operation, flow meters serves one of the most important functions of measuring flow across several industries dealing with liquid and gases. Technological evolution is making flow meter more intelligent and giving an edge to flow meter beyond their traditional functions. Advanced industrial automation, flow meter are becoming more accurate, provide high rate of response and additional feature of self-diagnosis allowed the flow meters market to proliferate and expected to grow with significant pace in coming years. At present, flow meters market registered a market value of US$ 6.71 Bn and projected to cross US$ 11 Bn by 2026. The market estimated to grow with considerable growth of 6.6% owing to rapid industrial growth and perpetual boom in industrial automation across several end-use industry verticals.
Market Synopsis
Coriolis Flow Meters to make the Fastest Run in Terms Market Value Throughout the forecast
Advanced flow meter such as magnetic, Coriolis and ultrasonic flow meters are gradually replacing traditional and less accurate flow meters such as positive & differential pressure flow meters. Coriolis, magnetic and ultrasonic flow meters are capable of providing real-time accurate flow data irrespective of the fluid with different viscosity and temperature. Consequently, Coriolis flow meters registered fastest growth in overall flow meters market closely followed by magnetic and ultrasonic flow meters. However, high power requirement, specialized equipment, high cost and need for skilled labor expected to hold the growth of aforementioned new breed of flow meters. This results in the dominance of differential pressure flow meters on the overall flow meters in terms of market value and the dominance expected to continue throughout the forecast period from 2018 to 2026.
Water Infrastructure to Retain its Title of Leader amongst Other End-use Industries
As a vital component in water treatment plants and municipal infrastructure, flow meters in water infrastructure recorded the highest market value among several other end-use industries. The segment estimated to retain its tags offering stiff challenge for end-use industries such as power generation, oil & gas and food & beverages industry. Oil & gas and power generation end-use industry face-off each other closely to claim second spot. Perpetual growth in demand for oil & gas as well as power stimulating coupled with fast proliferation of industrial automation and intelligent system supported the growth of flow meters market. Besides, rapid growth in food & beverages, chemical industry and other end-use industries also replacing existing old flow meters with state-of-the-art and efficient flow meters. This expected to boost the demand for flow meters consistently throughout the forecast period from 2018 to 2026.
Asia Pacific Holds Significant Market Potential and Tagged as Global Flow Meters Market Leader
In 2017, Asia Pacific registered largest market value in global flow meters market and expected to retain its dominant position throughout the forecast period from 2018 to 2026. The growth of the region projected to remain high in coming years owing to the rapid industrial as well as residential infrastructures. Expansion of water infrastructure in order to support industry and residential development is one of the significant reasons encouraging the demand for flow meters. Markets in North America and Europe reached maturity and projected to demonstrate consistent moderate growth. Developing regions including Middle East and Africa and Latin America have significant market growth potential and are expected to proliferate at a notable growth in coming years.
Market Segmentation
by Meter Type (2016–2026; US$ Mn)
by End-use Industry (2016–2026; US$ Mn)
Geography Segment (2016–2026; US$ Mn)
Multi-national Giants Lock Horns to claim Supremacy over Flow Meters Market
Although flow meter is very small device, however, play a vital role in several industries dealing with fluids. Realizing the importance and demand, several international players are involved in manufacturing flow meters for several end-use applications and face intense competition from each other as well from local players. The flow meters market is highly fragmented and the competition expected to become more fragmented in coming years with new participants entering into the market. The research comprises business strategies and modern evolution of few of the most prominent companies in flow meters market includes ABB Ltd., Emerson Electric Co., Honeywell International, Inc., Siemens AG, Schneider Electric SE, Badger Meter, General Electric, KROHNE Messtechnik, Höntzsch GmbH, Yokogawa Electric Co., Hitachi ltd., and Endress+Hauser AG among others.
Key questions answered in this report
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Approach Adopted
1.3.4. Top-Down Approach
1.3.5. Bottom-Up Approach
1.3.6. Phase III-Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Global Flow Meters Market Snapshot
2.2. Global Flow Meters Market, by Meters Type
2.3. Global Flow Meters Market, by End-use Industry
2.4. Global Flow Meters Market, by Geography
3. Global Flow Meters Market Analysis
3.1. Global Flow Meters Market Overview
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Challenges
3.3. See-Saw Analysis
3.3.1. Impact Analysis
3.4. Attractive Investment Proposition
3.5. Competitive Landscape
3.5.1. Market Positioning of Key Industry Participants
3.5.2. Major Strategies Adopted by Key Industry Participants
4. Global Flow Meters Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
4.1. Overview
4.1.1. Global Flow Meters Market Value Share, Meters Type, 2017 & 2026 (Value %)
4.1.2. Global Flow Meters Market Value, Meters Type, 2016 - 2026 (US$ Mn)
4.2. Differential Pressure
4.2.1. Global Differential Pressure Flow Meter Market, 2016 – 2026 (US$ Mn)
4.3. Positive Displacement
4.3.1. Global Positive Displacement Flow Meters Market, 2016 – 2026 (US$ Mn)
4.4. Magnetic
4.4.1. Global Magnetic Flow Meter Market, 2016 – 2026 (US$ Mn)
4.5. Ultrasonic
4.5.1. Global Ultrasonic Flow Meters Market, 2016 – 2026 (US$ Mn)
4.6. Coriolis
4.6.1. Global Coriolis Flow Meters Market, 2016 – 2026 (US$ Mn)
4.7. Turbine
4.7.1. Global Turbine Flow Meters Market, 2016 – 2026 (US$ Mn)
4.8. Vortex
4.8.1. Global Vortex Flow Meters Market, 2016 – 2026 (US$ Mn)
5. Global Flow Meters Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
5.1. Overview
5.1.1. Global Flow Meters Market Value Share, End-use Industry, 2017 & 2026 (Value %)
5.1.2. Global Flow Meters Market Value, End-use Industry, 2016 - 2026 (US$ Mn)
5.2. Water Infrastructure
5.2.1. Global Flow Meters Market for Water Infrastructure, 2016 – 2026 (US$ Mn)
5.3. Power Generation
5.3.1. Global Flow Meters Market for Power Generation, 2016 – 2026 (US$ Mn)
5.4. Oil & Gas
5.4.1. Global Flow Meters Market for Oil & Gas, 2016 – 2026 (US$ Mn)
5.5. Paper & Pulp
5.5.1. Global Flow Meters Market for Paper & Pulp, 2016 – 2026 (US$ Mn)
5.6. Food & Beverage
5.6.1. Global Flow Meters Market for Food & Beverage, 2016 – 2026 (US$ Mn)
5.7. Chemical
5.7.1. Global Flow Meters Market for Chemical, 2016 – 2026 (US$ Mn)
5.8. Others
5.8.1. Global Flow Meters Market for Others, 2016 – 2026 (US$ Mn)
6. North America Flow Meters Market Analysis, 2016 – 2026 (US$ Mn)
6.1. Overview
6.1.1. North America Flow Meters Market Value, 2016 – 2026, (US$ Mn)
6.2. North America Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
6.2.1. Comparative Analysis
6.3. North America Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
6.3.1. Comparative Analysis
6.4. North America Flow Meters Market Value, by Country, 2016 – 2026 (US$ Mn)
6.4.1. U.S.
6.4.1.1. U.S. Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
6.4.1.2. U.S. Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
6.4.2. Rest of North America
6.4.2.1. Rest of North America Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
6.4.2.2. Rest of North America Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
7. Europe Flow Meters Market Analysis, 2016 – 2026 (US$ Mn)
7.1. Overview
7.1.1. Europe Flow Meters Market Value, 2016 – 2026, (US$ Mn)
7.2. Europe Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
7.2.1. Comparative Analysis
7.3. Europe Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
7.3.1. Comparative Analysis
7.4. Europe Flow Meters Market Value, by Country, 2016 – 2026 (US$ Mn)
7.4.1. U.K.
7.4.1.1. U.K. Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
7.4.1.2. U.K. Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
7.4.2. Germany
7.4.2.1. Germany Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
7.4.2.2. Germany Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
7.4.3. France
7.4.3.1. France Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
7.4.3.2. France Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
7.4.4. Rest of Europe
7.4.4.1. Rest of Europe Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
7.4.4.2. Rest of Europe Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
8. Asia Pacific Flow Meters Market Analysis, 2016 – 2026 (US$ Mn)
8.1. Overview
8.1.1. Asia Pacific Flow Meters Market Value, 2016 – 2026, (US$ Mn)
8.2. Asia Pacific Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
8.2.1. Comparative Analysis
8.3. Asia Pacific Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
8.3.1. Comparative Analysis
8.4. Asia Pacific Flow Meters Market Value, by Country, 2016 – 2026 (US$ Mn)
8.4.1. China
8.4.1.1. China Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
8.4.1.2. China Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
8.4.2. Japan
8.4.2.1. Japan Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
8.4.2.2. Japan Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
8.4.3. India
8.4.3.1. India Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
8.4.3.2. India Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
8.4.4. Rest of Asia Pacific
8.4.4.1. Rest of Asia Pacific Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
8.4.4.2. Rest of Asia Pacific Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
9. Rest of World (RoW) Flow Meters Market Analysis, 2016 – 2026 (US$ Mn)
9.1. Overview
9.1.1. RoW Flow Meters Market Value, 2016 – 2026, (US$ Mn)
9.2. RoW Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
9.2.1. Comparative Analysis
9.3. RoW Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
9.3.1. Comparative Analysis
9.4. RoW Flow Meters Market Value, by Country, 2016 – 2026 (US$ Mn)
9.4.1. Middle East & Africa
9.4.1.1. Middle East & Africa Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
9.4.1.2. Middle East & Africa Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
9.4.2. Latin America
9.4.2.1. Latin America Flow Meters Market, by Meters Type, 2016 – 2026 (US$ Mn)
9.4.2.2. Latin America Flow Meters Market, by End-use Industry, 2016 – 2026 (US$ Mn)
10. Company Profiles
10.1. ABB Ltd., Emerson Electric Co.
10.2. Honeywell International, Inc.
10.3. Siemens AG
10.4. Schneider Electric SE
10.5. Badger Meter
10.6. General Electric
10.7. KROHNE Messtechnik
10.8. Höntzsch GmbH
10.9. Yokogawa Electric Co.
10.10. Hitachi ltd.
10.11. Endress+Hauser AG
FIG. 1 Global Flow Meters: Market Segmentation
FIG. 2 Global Flow Meters Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Flow Meters Market Segmentation
FIG. 5 Global Flow Meters Market, by Meters Type, 2017 (US$ Mn)
FIG. 6 Global Flow Meters Market, by End-use Industry, 2017 (US$ Mn)
FIG. 7 Global Flow Meters Market, by Geography, 2017 (US$ Mn)
FIG. 8 Global Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 9 See-Saw Analysis : Global Flow Meters Market
FIG. 10 Market Positioning of Key Industry Participants, 2017
FIG. 11 Global Flow Meters Market Value Contribution, by Meters Type, 2017 & 2026 (Value %)
FIG. 12 Global Diffrential Pressure Flow Meter Market Value, 2016 - 2026, (US$ Mn)
FIG. 13 Global Positive Displacment Flow Meter Market Value, 2016 - 2026, (US$ Mn)
FIG. 14 Global Magnetic Flow Meter Market Value, 2016 - 2026, (US$ Mn)
FIG. 15 Global Ultrasonic Flow Meter Market Value, 2016 - 2026, (US$ Mn)
FIG. 16 Global Coriolis Flow Meter Market Value, 2016 - 2026, (US$ Mn)
FIG. 17 Global Turbine Flow Meter Market Value, 2016 - 2026, (US$ Mn)
FIG. 18 Global Vortex Flow Meter Market Value, 2016 - 2026, (US$ Mn)
FIG. 19 Global Other Egg Equipment Market Value, 2016 - 2026, (US$ Mn)
FIG. 20 Global Flow Meters Market Value Contribution, by End-use Industry, 2017 & 2026 (Value %)
FIG. 21 Global Flow Meters Market Value for Water Infrastructure, 2016 - 2026, (US$ Mn)
FIG. 22 Global Flow Meters Market Value for Power Generation, 2016 - 2026, (US$ Mn)
FIG. 23 Global Flow Meters Market Value for Oil & Gas, 2016 - 2026, (US$ Mn)
FIG. 24 Global Flow Meters Market Value for Paper & Pulp, 2016 - 2026, (US$ Mn)
FIG. 25 Global Flow Meters Market Value for Food & Beverage, 2016 - 2026, (US$ Mn)
FIG. 26 Global Flow Meters Market Value for Chemical, 2016 - 2026, (US$ Mn)
FIG. 27 Global Flow Meters Market Value for Other End-use Industry, 2016 - 2026, (US$ Mn)
FIG. 28 North America Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 29 U.S. Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 30 Rest of North America Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 31 Europe Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 32 U.K. Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 33 Germany Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 34 France Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 35 Rest of Europe Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 36 Asia Pacific Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 37 China Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 38 Japan Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 39 India Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 40 Rest of Asia Pacific Flow Meters Market Value, 2016 - 2026, (US$ Mn)
FIG. 41 RoW Flow Meters Market Value, 2017– 2026, (US$ Mn)
FIG. 42 Middle East & Africa Flow Meters Market Value, 2017– 2026, (US$ Mn)
FIG. 43 Latin America Flow Meters Market Value, 2017– 2026, (US$ Mn
TABLE 1 Market Snapshot: Global Flow Meters Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 5 North America Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 6 North America Flow Meters Market Value, by Country, 2016 - 2026 (US$ Mn)
TABLE 7 U.S. Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 8 U.S. Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 9 Rest of North America Flow Meters Market Value, by Equipment Typ, 2016 - 2026 (US$ Mn)
TABLE 10 Rest of North America Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 11 Europe Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 12 Europe Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 13 Europe Flow Meters Market Value, by Country, 2016 - 2026 (US$ Mn)
TABLE 14 U.K. Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 15 U.K. Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 16 Germany Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 17 Germany Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 18 France Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 19 France Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 20 Rest of Europe Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 21 Rest of Europe Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 22 Asia Pacific Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 23 Asia Pacific Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 24 Asia Pacific Flow Meters Market Value, by Country, 2016 - 2026 (US$ Mn)
TABLE 25 China Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 26 China Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 27 Japan Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 28 Japan Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 29 India Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 30 India Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 31 Rest of Asia Pacific Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 32 Rest of Asia Pacific Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 33 Rest of World Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 34 Rest of World Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 35 Rest of World Flow Meters Market Value, by Region, 2016 - 2026 (US$ Mn)
TABLE 36 Middle East & Africa Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 37 Middle East & Africa Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 38 Latin America Flow Meters Market Value, by Meters Type, 2016 - 2026 (US$ Mn)
TABLE 39 Latin America Flow Meters Market Value, by End-use Industry, 2016 - 2026 (US$ Mn)
TABLE 40 ABB Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 41 Emerson Electric Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 42 Honeywell International, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 43 Siemens AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 44 Schneider Electric SE: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 45 Badger Meter: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 46 General Electric: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 47 KROHNE Messtechnik: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 48 Höntzsch GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 49 Yokogawa Electric Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 50 Hitachi ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 51 Endress+Hauser AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
