Global Flow Meters Market was valued at USD 6.88 Billion in 2021 and is expected to reach USD 10.64 Billion by the year 2028, at a CAGR of 6.43%. over analysis period 2023-2030
Flow meters, also known as flow sensors, are electrical circuits used to quantify or enforce the flow velocity of fluids and gases through tubes and pipes. The sensors are typically attached to gauges in order to render measured data, but they can also be connected to computers and other digital interfaces. Common applications include HVAC structures, chemical production, septic facilities, and medical equipment. Spills, clogging, pipe bursts, and modifications in fluid concentration due to impurities or contamination can all be detected with these meters. There are two types of flow meters: contact flow meters and non-contact flow meters.
The Major Players covered in the Flow Meters Market report are:
ABB Ltd,Siemens AG,Bronkhorst High-Tech BV,Honeywell International Inc.,Emerson Electric Co.,SICK AG,Omega Engineering Inc. (Spectris PLC),Christian Bürkert GmbH & Co. KG,TSI Incorporated,Keyence Corporation,Sensirion AG,Azbil Corporation,Endress+Hauser AG,KROHNE Messtechnik GmbH,and others.
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The Global Flow Meters Market report offers associate calculated market growth of the business. A comprehensive analysis of the globe market report includes market dynamics like market drivers, restraints, and potentialities before the business. in addition, the analysis report contains opportunities among the Flow Meters market at worldwide and national rates. the businesses operate across the globe regions identification can also be incorporated inside the study report. little business ways in which and key developments adopted by world businesses additionally are going to be elucidated throughout this analysis report.
Flow Meters Market Segmentation:
In market segmentation by Technology, Flow Meters Market report covers:
- Coriolis
- Electromagnetic
- Differential Pressure
- Ultrasonic
- Others
In market segmentation by End-User Industry, Flow Meters Market report covers:
- Oil & Gas
- Water & Wastewater
- Chemical & Petrochemical
- Food & Beverage
- Power Generation
- Pulp & Paper
- Other
Geographic Segment Covered in the Report
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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COVID-19 Impact on Flow Meters Market
The outbreak of COVID-19 around the globe has significantly disrupted the supply chain and production in various industrial process sectors. This also impacted the studied market, especially in the first half of 2020. However, the pandemic also expanded the scope of industrial automation and advance measurement solutions to enhance efficiency, and also, due to the increasing safety concerns. Flow meters witnessed a surge in demand for measuring purified water on the company’s COVID-19 vaccine line. They were used for calibrating flow measurement instruments on other individual production skids containing tanks, pumps, and other equipment. In addition to measuring dynamic flow measurements, many flow meters were also utilized to double-check the accuracy of weighing scale measurements.
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