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NEW YORK, July 7, 2023 /PRNewswire/ — The flow meter market size is set to grow by USD 3.09 billion between 2022 and 2027 and register at an accelerating CAGR of 6.4%, according to Technavio’s latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Read our Sample Report
The report also covers the following areas:
Flow Meter Market 2023-2027: Segmentation
The flow meter market is segmented as follows:
- End-user
- Industrial
- Commercial
- Residential
- Type
- Ultrasonic
- Magnetic
- Differential Pressure
- Others
- Geography
- Europe
- North America
- APAC
- South America
- Middle East And Africa
The market share growth by the industrial segment will be significant during the forecast period. There is an increasing demand for flow meters from several industries. Factors such as rising investments in industries in regions such as APAC and the Middle East are expected to significantly contribute to the growth of the segment. Some of the key industrial segments which widely use flow meters include water and wastewater, oil and gas, chemical, power generation, food and beverage, paper and printing, and others. Hence, such factors are expected to drive the market growth during the forecast period.
Detail Insights on the impact of each segment and make informed business decisions, request a sample report now!
Flow Meter Market 2023-2027: Vendor Analysis and Scope
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Apator SA, Azbil Corp., Badger Meter Inc., Electronet Equipments Pvt. Ltd., Emerson Electric Co., Endress Hauser Group Services AG, Forbes Marshall Pvt. Ltd, General Electric Co., KROHNE Messtechnik GmbH, Landis Gyr AG, Max Machinery…
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