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Solid Flow Meters Market By Type (Mass Flow Meters, Electromagnetic Flow Meters, Others) By Application (Oil Industry, Chemical Industry, Pharmaceuticals Industry, Others)- Growth, Share, Opportunities & Competitive Analysis, 2018 - 2028

About this report

The Global Solid Flow Meters Market report explores the critical analysis of the Solid Flow Meters industry using key parameters. The report consists of investment strategies, the need for investments in the Solid Flow Meters industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the Solid Flow Meters industry and how economic and non-economic barriers are helping the Solid Flow Meters market. Moreover, the report analyses the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter's five forces analysis, PESTEL analysis, value chain analysis, etc.

solid-flow-meters-market

Key Highlights of the report

How are the major segments performing in the Solid Flow Meters Market?

  • In 2021, electromagnetic flow meters will be the leading segment based on type because of their uses in the agriculture and wastewater treatment industries; where demand for the product is considerable, the market is expected to increase.
  • In 2021, the pharmaceutical segment will lead the market. Due to various factors, including the prevalence of various diseases and respiratory issues, rising home healthcare awareness, a fast-aging population, and circumstances, technology improvements, and others, a variety of market participants have development potential.

Which region dominated the Solid Flow Meters Market?

In 2021, North America was one of the major contributors to the global Solid Flow Meters market related to solid flow measurement's renovation, modernization, and advancement. Due to the major presence of the oil industry in North American markets, there is a significant demand for remotely monitored solid flow meters. R&D initiatives that result in product innovation may result in sizeable earnings for market participants in solid flow meters.

What is the competitive environment of the Solid Flow Meters Market?

Market participants have significantly increased their money on R&D projects to modernize sensors and instruments for solid flow monitoring. The operation of solid flow meters has undergone many technological breakthroughs. These advancements include embedded digital signals, wireless connectivity, a variety of measurement formats, remote calibration, improved installation management, and remote calibration and configuration. These improvements have made solid flow meters far more practical, adaptable, and reliable. They are utilized in various end uses, such as in the pharmaceutical, chemical, and oil sectors.

Executive Summary

How has electromagnetic flow meter innovation impacted market expansion for solid flow meters?

The solids flow meters weigh and measure solid materials as they pass through various stages of production equipment. Various measurement techniques are employed in solids flow meters, such as the impact plate, measuring or deflection chute, and Coriolis technology. Innovating in electromagnetic flow meter energy sources is a key driver of growth for market participants in solid flow meters. Electromagnetic flow meters are currently wired or powered traditionally. Battery-operated electromagnetic flow meters are rapidly being used in most industrial applications due to the emergence of efficient batteries and the growth of renewable energy sources. Variations in how electromagnetic flow meters are used and their outcomes offer additional potential for market participants in solid flow meters.

Which are the key investments by the players in the Solid Flow Meters Industry Market?

Many sophisticated and intelligent solid flow meters are being launched to the market. The need for solid flow meters in wastewater management facilities is significantly increasing, and various key players and governments are making even optimistic rates of capital project investments.

Some of the major players in the market are APEC USA, Berthold, Eastern Instruments, Envea, Krohne, Nanjing Auroba Instrument, Pulsar Process Measurement, Schenck Process Europe, SICK, Siemens Process Instrumentation, Thermo Scientific, and Vidmar.

What are the Major Driving Factors for the Solid Flow Meters Market?

The growing use of cutting-edge technologies and equipment for efficient operations adopted by manufacturers on a large scale, the growing demand for accurate flow measurements and the growing need to monitor and control the flow, the growing presence of a large number of vendors, and the growing demand from developing countries are the major factors, among others, that are accelerating market growth. Additionally, during the projection above period, expanding R&D efforts and the modernization of goods available on the market will open up new chances for the solid flow market.

What are the Major Risks for the Solid Flow Meters Market?

The main factors limiting market growth, among others, include rising price competition among suppliers of high-quality goods and the widespread use of solid flow meter technology. These factors will continue to pose challenges to the solid flow meter market during the forecast period mentioned above.

Which is the Key Application in the Solid Flow Meters Market?

In 2021, the pharmaceutical segment dominated the solid flow meter market. However, various market players have development potential due to several variables, including the prevalence of different diseases and respiratory problems, growing awareness of home healthcare, a rapidly aging population and circumstances, technological advancements, and others. In contrast, the oil sector is anticipated to expand significantly throughout the projected period due to growing government attempts to increase the protection and safety of environmental issues, including air and water quality.

How is the Solid Flow Meters Market performing in regions?

In 2021, the global Solid Flow Meters market was dominated by North America due to the renovation, modernization, and improvement of solid flow measurement. The region's significant oil industry presence in North American markets creates a large need for remotely monitored solid flow meters. Participants in the solid flow meter market might realize significant profits from R&D initiatives that result in product innovation. Water management facilities are being built due to the region's growing population and water scarcity problems, which is also anticipated to increase demand for electromagnetic flow meters and propel the solid flow meter market's growth. The market for solid flow meters is anticipated to be supported by several regional businesses expanding their product and service portfolios while enhancing client involvement.

Besides, the Asia-Pacific region is expected to grow significantly over the forecast period because of the quick industrialization of nations like China and India. Municipalities are strengthening their wastewater treatment infrastructure in response to regional water scarcity concerns, increasing the use of electromagnetic flowmeters and fuelling the growth of the solid flow meter market. The need for solid flow meters has increased due to the region's developing nations' quick urbanization. This is due to countries like India, Bangladesh, China, Vietnam, and others rapidly industrializing, urbanizing, and building more power plants.

What is the regulatory landscape for the Solid Flow Meters Market?

Due to the rise in COVID-19, several government regulations have been implemented in the pharmaceutical industry, which has impacted the development of solid flow meters. An advantage for market expansion will come from expanding government initiatives and funding operations to speed up oil sector projects. The leaders in the sector are constantly planning mergers and acquisitions to increase their revenue share and to take advantage of market expansion prospects for solid flow meters.

What is the Market Size of the Solid Flow Meters regarding value?

The Solid Flow Meters Market is anticipated to grow at a substantial CAGR of xx% in the upcoming years. The Global Solid Flow Meters industry was estimated to be worth USD xx billion in 2021 and was expected to be worth USD xx billion by 2028.

What are the major players planning for the future of the Solid Flow Meters Market?

The market is expected to rise in the coming future due to technological developments and innovations that improve the production of accurate and quick solid flow meters. The market is expanding quickly as treated, untreated sewage, processed water, water, and chemicals are measured with solid flow meters. The use of solid flow meters is anticipated to increase due to the escalating investments in water infrastructure.

Segmentation of Global Solid Flow Meters Market-

Global Solid Flow Meters Market – By Type 

  • Mass Flow Meters
  • Electromagnetic Flow Meters
  • Others

Global Solid Flow Meters Market – By Application

  • Oil Industry
  • Chemical Industry
  • Pharmaceuticals Industry
  • Others

Global Solid Flow Meters Market – By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Frequently asked questions about the global Solid Flow Meters Industry

The global Solid Flow Meters market is expected to be impacted significantly by COVID-19.

North America accounted for the highest share in the global Solid Flow Meters market in terms of value.

The growing use of cutting-edge technologies and equipment for efficient operations adopted by manufacturers on a large scale, the growing demand for accurate flow measurements and the growing need to monitor and control the flow, the growing presence of a large number of vendors, and the growing demand from developing countries are the major factors, among others, that are accelerating market growth.

The electromagnetic flow meters segment had a significant share in 2021, with more than 40% of the market revenue share.

Pharmaceuticals segment had a significant share in 2021, with more than 35% of the market revenue share.

Solid Flow Meters Market Scope

Report Attribute Details
Market Value in 2021 USD xx billion
Market Value in 2028 USD xx billion
CAGR XX%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
Choose License Type
Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  Sep 2022
Category:  Semiconductor & Electronics
Report ID:   60624
Report Format:   PDF
Pages:   190
Rating:    4.8 (65)
Delivery Time: 24 Hours to 48 Hours   
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