Flow Meters Market

Industry Outlook

Even though they are simple in construction and operation, flow meters serve one of the most important functions of measuring flow across several industries dealing with liquids and gases. Technological evolution is making flow meters more intelligent and giving them an edge beyond their traditional functions. Advanced industrial automation and flow meters that are becoming more accurate, have a high rate of response and have the added feature of self-diagnosis have allowed the flow meter market to proliferate and are expected to grow at a significant rate in the coming years. The flow meters market is currently valued at US$ 6.71 billion and is expected to exceed US$ 11 billion by 2026. The market is estimated to grow at a considerable rate of 6.6%, owing to rapid industrial growth and a perpetual boom in industrial automation across several end-use industry verticals.

Market Synopsis

Coriolis Flow Meters to Make the Fastest Run in Terms of Market Value Throughout the Forecast

Advanced flow meters such as magnetic, Coriolis, and ultrasonic flow meters are gradually replacing traditional and less accurate flow meters such as positive and differential pressure flow meters. Coriolis, magnetic, and ultrasonic flow meters are capable of providing real-time accurate flow data irrespective of the fluid’s viscosity and temperature. Consequently, Coriolis flow meters registered the fastest growth in the overall flow meter market, closely followed by magnetic and ultrasonic flow meters. However, high power requirements, specialized equipment, high costs, and the need for skilled labor are expected to hold back the growth of the aforementioned new breed of flow meters. This results in the dominance of differential pressure flow meters over overall flow meters in terms of market value, with the dominance expected to continue throughout the forecast period from 2018 to 2026.

Water Infrastructure Will Retain Its Lead Position Among 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 is estimated to retain its tags, offering a stiff challenge for end-use industries such as power generation, oil & gas, and the food & beverage industry. The oil and gas and power generation end-use industries are competing for the second spot. Perpetual growth in demand for oil and gas, as well as power stimulation, coupled with the fast proliferation of industrial automation and intelligent systems, supported the growth of the flow meter market. Besides, rapid growth in food and beverage, the chemical industry, and other end-use industries is also replacing existing old flow meters with state-of-the-art and efficient flow meters. This is expected to boost the demand for flow meters consistently throughout the forecast period from 2018 to 2026.

Asia Pacific is the global flow meter market leader, with significant market potential.

In 2017, Asia Pacific registered the largest market value in the global flow meters market and was expected to retain its dominant position throughout the forecast period from 2018 to 2026. The region’s growth is expected to continue in the coming years, owing to the rapid development of industrial and residential infrastructure. The expansion of water infrastructure in order to support industry and residential development is one of the significant reasons encouraging the demand for flow meters. North American and European markets had reached maturity and were expected to show consistent moderate growth. Developing regions, including the Middle East, Africa, and Latin America, have significant market growth potential and are expected to proliferate at a notable rate in the coming years.

Market Segmentation

Multinational Giants Compete for Market Supremacy in Flow Meters

Although flow meters are very small devices, they 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 as from local players. The flow meters market is highly fragmented, and the competition is expected to become more fragmented in the coming years with new participants entering the market. The research comprises the business strategies and modern evolution of a few of the most prominent companies in the flow meters market, including 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 are answered in this report.

• How has industrial automation helped the flow meter market flourish?
• Which are the most prominent end users, and how is their growth helping the flow meter market grow?
• What are the different types of flow meters, and what is their market value?
• How do changes in fluid properties affect flow meter demand?
• What role do the power generation and oil and gas sectors play, and what is their effect on the sales of flow meters?
• In what ways will developing regions like the Asia Pacific and Latin America become game changers in the coming years?

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 FM Market Snapshot
2.2. Global FM Market, by Meters Type
2.3. Global FM Market, by End-use Industry
2.4. Global FM Market, by Geography

3. Global Flow Meters (FM) Market Analysis
3.1. Global FM 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 (FM) Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
4.1. Overview
4.1.1. Global FM Market Value Share, Meters Type, 2017 & 2026 (Value %)
4.1.2. Global FM 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 FM 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 FM Market, 2016 – 2026 (US$ Mn)
4.6. Coriolis
4.6.1. Global Coriolis FM Market, 2016 – 2026 (US$ Mn)
4.7. Turbine
4.7.1. Global Turbine FM Market, 2016 – 2026 (US$ Mn)
4.8. Vortex
4.8.1. Global Vortex FM Market, 2016 – 2026 (US$ Mn)

5. Global Flow Meters (FM) Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
5.1. Overview
5.1.1. Global FM Market Value Share, End-use Industry, 2017 & 2026 (Value %)
5.1.2. Global FM Market Value, End-use Industry, 2016 – 2026 (US$ Mn)
5.2. Water Infrastructure
5.2.1. Global FM Market for Water Infrastructure, 2016 – 2026 (US$ Mn)
5.3. Power Generation
5.3.1. Global FM Market for Power Generation, 2016 – 2026 (US$ Mn)
5.4. Oil & Gas
5.4.1. Global FM Market for Oil & Gas, 2016 – 2026 (US$ Mn)
5.5. Paper & Pulp
5.5.1. Global FM Market for Paper & Pulp, 2016 – 2026 (US$ Mn)
5.6. Food & Beverage
5.6.1. Global FM Market for Food & Beverage, 2016 – 2026 (US$ Mn)
5.7. Chemical
5.7.1. Global FM Market for Chemical, 2016 – 2026 (US$ Mn)
5.8. Others
5.8.1. Global FM Market for Others, 2016 – 2026 (US$ Mn)

6. North America Flow Meters (FM) Market Analysis, 2016 – 2026 (US$ Mn)
6.1. Overview
6.1.1. North America FM Market Value, 2016 – 2026, (US$ Mn)
6.2. North America FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
6.2.1. Comparative Analysis
6.3. North America FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)
6.3.1. Comparative Analysis
6.4. North America FM Market Value, by Country, 2016 – 2026 (US$ Mn)
6.4.1. U.S.
6.4.1.1. U.S. FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
6.4.1.2. U.S. FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)
6.4.2. Rest of North America
6.4.2.1. Rest of North America FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
6.4.2.2. Rest of North America FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)

7. Europe Flow Meters (FM) Market Analysis, 2016 – 2026 (US$ Mn)
7.1. Overview
7.1.1. Europe FM Market Value, 2016 – 2026, (US$ Mn)
7.2. Europe FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
7.2.1. Comparative Analysis
7.3. Europe FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)
7.3.1. Comparative Analysis
7.4. Europe FM Market Value, by Country, 2016 – 2026 (US$ Mn)
7.4.1. U.K.
7.4.1.1. U.K. FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
7.4.1.2. U.K. FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)
7.4.2. Germany
7.4.2.1. Germany FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
7.4.2.2. Germany FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)
7.4.3. France
7.4.3.1. France FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
7.4.3.2. France FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)
7.4.4. Rest of Europe
7.4.4.1. Rest of Europe FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
7.4.4.2. Rest of Europe FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)

8. Asia Pacific Flow Meters (FM) Market Analysis, 2016 – 2026 (US$ Mn)
8.1. Overview
8.1.1. Asia Pacific FM Market Value, 2016 – 2026, (US$ Mn)
8.2. Asia Pacific FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
8.2.1. Comparative Analysis
8.3. Asia Pacific FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)
8.3.1. Comparative Analysis
8.4. Asia Pacific FM Market Value, by Country, 2016 – 2026 (US$ Mn)
8.4.1. China
8.4.1.1. China FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
8.4.1.2. China FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)
8.4.2. Japan
8.4.2.1. Japan FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
8.4.2.2. Japan FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)
8.4.3. India
8.4.3.1. India FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
8.4.3.2. India FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)
8.4.4. Rest of Asia Pacific
8.4.4.1. Rest of Asia Pacific FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
8.4.4.2. Rest of Asia Pacific FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)

9. Rest of World (RoW) Flow Meters (FM) Market Analysis, 2016 – 2026 (US$ Mn)
9.1. Overview
9.1.1. RoW FM Market Value, 2016 – 2026, (US$ Mn)
9.2. RoW FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
9.2.1. Comparative Analysis
9.3. RoW FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)
9.3.1. Comparative Analysis
9.4. RoW FM Market Value, by Country, 2016 – 2026 (US$ Mn)
9.4.1. Middle East & Africa
9.4.1.1. Middle East & Africa FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
9.4.1.2. Middle East & Africa FM Market, by End-use Industry, 2016 – 2026 (US$ Mn)
9.4.2. Latin America
9.4.2.1. Latin America FM Market, by Meters Type, 2016 – 2026 (US$ Mn)
9.4.2.2. Latin America FM 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

List of Figures

FIG. 1 Global Flow Meters (FM) Market Segmentation
FIG. 2 Global FM Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global FM Market Segmentation
FIG. 5 Global FM Market, by Meters Type, 2017 (US$ Mn)
FIG. 6 Global FM Market, by End-use Industry, 2017 (US$ Mn)
FIG. 7 Global FM Market, by Geography, 2017 (US$ Mn)
FIG. 8 Global FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 9 See-Saw Analysis : Global FM Market
FIG. 10 Market Positioning of Key Industry Participants, 2017
FIG. 11 Global FM 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 FM Market Value Contribution, by End-use Industry, 2017 & 2026 (Value %)
FIG. 21 Global FM Market Value for Water Infrastructure, 2016 – 2026, (US$ Mn)
FIG. 22 Global FM Market Value for Power Generation, 2016 – 2026, (US$ Mn)
FIG. 23 Global FM Market Value for Oil & Gas, 2016 – 2026, (US$ Mn)
FIG. 24 Global FM Market Value for Paper & Pulp, 2016 – 2026, (US$ Mn)
FIG. 25 Global FM Market Value for Food & Beverage, 2016 – 2026, (US$ Mn)
FIG. 26 Global FM Market Value for Chemical, 2016 – 2026, (US$ Mn)
FIG. 27 Global FM Market Value for Other End-use Industry, 2016 – 2026, (US$ Mn)
FIG. 28 North America FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 29 U.S. FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 30 Rest of North America FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 31 Europe FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 32 U.K. FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 33 Germany FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 34 France FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 35 Rest of Europe FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 36 Asia Pacific FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 37 China FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 38 Japan FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 39 India FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 40 Rest of Asia Pacific FM Market Value, 2016 – 2026, (US$ Mn)
FIG. 41 RoW FM Market Value, 2017– 2026, (US$ Mn)
FIG. 42 Middle East & Africa FM Market Value, 2017– 2026, (US$ Mn)
FIG. 43 Latin America FM Market Value, 2017– 2026, (US$ Mn

List of Tables

TABLE 1 Market Snapshot: Global Flow Meters (FM) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 5 North America FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 6 North America FM Market Value, by Country, 2016 – 2026 (US$ Mn)
TABLE 7 U.S. FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 8 U.S. FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 9 Rest of North America FM Market Value, by Equipment Typ, 2016 – 2026 (US$ Mn)
TABLE 10 Rest of North America FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 11 Europe FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 12 Europe FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 13 Europe FM Market Value, by Country, 2016 – 2026 (US$ Mn)
TABLE 14 U.K. FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 15 U.K. FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 16 Germany FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 17 Germany FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 18 France FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 19 France FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 20 Rest of Europe FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 21 Rest of Europe FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 22 Asia Pacific FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 23 Asia Pacific FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 24 Asia Pacific FM Market Value, by Country, 2016 – 2026 (US$ Mn)
TABLE 25 China FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 26 China FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 27 Japan FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 28 Japan FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 29 India FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 30 India FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 31 Rest of Asia Pacific FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 32 Rest of Asia Pacific FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 33 Rest of World FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 34 Rest of World FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 35 Rest of World FM Market Value, by Region, 2016 – 2026 (US$ Mn)
TABLE 36 Middle East & Africa FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 37 Middle East & Africa FM Market Value, by End-use Industry, 2016 – 2026 (US$ Mn)
TABLE 38 Latin America FM Market Value, by Meters Type, 2016 – 2026 (US$ Mn)
TABLE 39 Latin America FM 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)