Flow Meters Market 2017 Size, Share, Application, Regional Outlook, Competitive Strategies and Forecasts to 2022
“Flow meters are used to measure volume, mass, nonlinear and linear flow rate of gas and fluid. They consist of a scale, indicator, tube, and stop. Flow meters’ performance depends on factors including density, pressure, viscosity of the liquid and temperature.”
Flow meters are used to measure volume, mass, nonlinear and linear flow rate of gas and fluid. They consist of a scale, indicator, tube, and stop. Flow meters’ performance depends on factors including density, pressure, viscosity of the liquid and temperature. Many products rely on factors produced by the flowing material to indirectly measure the flow The positive displacement meters measures the flow by collecting fixed volume of liquid and then it counts the number of times, volume is filled. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/flow-meters-market
Rapid industrialization coupled with growing population globally are expected to drive the market demand of flow meters. Rising population in emerging economies including China and India is expected to increase water and wastewater managing systems in these regions and is attributed as the key factor propelling the growth of market. The African and Middle East Middle regions are also expected to have potential growth rate for the flow meter manufacturers. Oil & gas sector in these regions create an ample opportunity for innovative and modern devices. High investment in projects including petrochemicals, waste water management, and agriculture are expected to drive the market growth over the forecast period. Flow meters are extensively used in the above stated industries to control and manage the flow of water, chemicals, gases and other materials. They are also used for treating during abstraction of water, water purification, and discharge of wastewater in to water bodies. These meters help in quality control, revenue calculation and environmental regulation. Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/flow-meters-market/request-sample Demand in refining industries and petrochemicals are anticipated to be one of the important drivers for the market growth of flow meters. They are extensively applied in custody transfer, gas flaring, interwell allocation and produced waster discharged. Advanced meters are expected to driving the market owing to enhanced performance and efficiency. Many end use segments are replacing obsolete devices with new and innovative devices which is expected to drive the overall market growth. These smart meters are anticipated to be more accurate and reliable in measurement On the basis of product type, the global flow meters market has been segmented into Coriolis, Magnetic, Ultrasonic flow meter, Vortexand Turbine flow meter. Magnetic is expected to have the largest market share in terms of revenue and position owing to its wide applications including electrodes and water management. These meters possess auxiliary transducers installed to clean the electrodes in place. Coriolis flow meter is expected to witness a significant growth rate over the forecast period and is estimated to surpass magnetic flow meter. These meters are extensively being used in refining & petrochemicals, oil & gas and chemicals owing to decrease in amount of time required to measure liquids. The key players in the market are Siemens AG , ABB Ltd., Badger Meter Inc , ,. Yokogawa Electric Corp., Brooks Instrument LLC, EndressHauser, and Sierra Instruments. Other industry participants include General Electric, Azbil Corporation, and KrohneMesstechnik. See More Reports of This Category by Million Insights @ https://www.millioninsights.com/industry/machinery-and-machine-parts
The global Flow Meters market is valued at 4757.78 million USD in 2016 and is expected to reach 6064.73 million USD by the end of 2022, growing at a CAGR of 4.13% between 2016 and 2022. • Endress+Hauser Management AG • Emerson Electric • ABB Ltd. • Yokogawa Electric Geographically, this report is segmented into several key Regions, with Sales, consumption, revenue, market share and growth rate of Flow Meters in these regions, from 2012 to 2022 (forecast), covering • North America • EU • China • Japan • Southeast Asia • India • South America • Middle East and Africa • Row On the basis of product, the Flow Meters market is primarily split into • Electromagnetic Flowmeters • Vortex Flowmeters • Coriolis mass flowmeters • Ultrasonic flowmeter
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