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The global flowmeter market size will grow by almost USD 2.2 billion during 2019-2023. This report provides a detailed analysis of the market based on segmentation by end-users (industrial users, commercial users, and residential users) and geography (the Americas, APAC, and EMEA).
Flowmeters are instruments that are used to measure the linear, non-linear, mass, or volumetric flow rates of liquids, gases, or electricity flowing through pipes. Flowmeters are also called as flow gauges, flow indicators, or liquid meters.
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In July 2018, Emerson Electric launched its latest version of cutting-edge Smart Meter Verification diagnostics solution for the use of Coriolis and magnetic flowmeters. In June 2018, Badger Meter announced the launch of next-generation E-series Ultrasonic meters for commercial applications. The new meters will be available in three-inch and four-inch sizes.
Top flowmeter companies covered in this market research report
The global flowmeter market is moderately fragmented and the competition among companies is intense. To help clients improve their revenue share in this market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this flow meters market analysis report suggests strategies companies can follow and recommends key areas they should focus on, in order to make the most of upcoming growth opportunities.
The report offers a detailed analysis of several leading companies, including:
• ABB
• Emerson Electric
• Honeywell
• KROHNE
• Landis+Gyr
• Siemens
In May 2017, Yokogawa Electric Corporation launched ADMAG Total Insight (TI) series, a new portfolio of electromagnetic flowmeters intended for applications that require high accuracy and high corrosion resistance. They are used for general-purpose applications that mainly involve water and water-based fluids. Technological advances and the growing product portfolio of the vendors due to the launch of new products will have a significant impact on the growth of the global flowmeter market at a CAGR of 5.9% during the forecast period.
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