Oil & Gas Sector to Drive Global Flow Meters Market till 2024
Technological advancements
and favorable government initiatives to drive global flow meters market through
2024
According to TechSci Research report, “Global Flow
Meters Market By Type, By End-Use Industry, By Region, Competition,
Forecast & Opportunities, 2024”, global flow meters market is projected
to grow at a CAGR of over 5% during 2019-2024, on the back of increasing demand
from petrochemicals and refining industries. Moreover, usage of flow meters is
mandated by environmental regulations for quality control and revenue
calculations. Flow meters market, globally, is also expected to be driven by the
replacement of outdated flow meters with newer smart flow meters in coming
years.
Browse xx market data Tables and xx Figures spread through xx Pages and an in-depth TOC on "Global Flow Meters Market"
https://www.techsciresearch.com/report/flow-meters-market/3930.html
On the
basis of end-use industry, global flow meters market has been segmented into
water & wastewater, oil & gas, chemicals, power generation, pulp &
paper, and food & beverages industries. The oil & gas segment is
anticipated to witness the fastest growth during the forecast period, on the
back of booming oil & gas industry in the emerging economies. Flow meters
are mainly used for the flow measurement of crude oil, custody transfer, etc. Asia-Pacific
flow meters market is expected to register the fastest growth during the
forecast period, primarily on account of increasing demand from end-use
industries such as oil & gas, water & wastewater, chemical, power
generation, metals & mining and others. Moreover, as the need for water
& wastewater management is expected to increase notably in India and other
South East Asian countries, demand for flow meters would grow at a healthy rate
in the coming years.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=3930
Customers can also request for 10% free
customization on this report.
“Global flow meters market
is expected to witness steady growth over the course of next five years, on
account of increasing demand for flow rate measurement in water and wastewater
management applications across the globe. Additionally, growing penetration of
IoT is escalating the demand for smart flow rate measurement solutions, which
is turn is likely to boost demand for intelligent flow meters.”, said, Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global
Flow Meters Market By Type, By End-Use Industry, By Region, Competition,
Forecast & Opportunities, 2024” has evaluated the future growth
potential of global flow meters market and provides statistics and information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities in global
flow meters market.
About
TechSci Research
TechSci Research is a leading global
market research firm publishing premium market research reports. Serving 700
global clients with more than 600 premium market research studies, TechSci
Research is serving clients across 11 different industrial verticals. TechSci
Research specializes in research-based consulting assignments in high growth
and emerging markets, leading technologies and niche applications. Our
workforce of more than 100 fulltime Analysts and Consultants employing innovative
research solutions and tracking global and country specific high growth markets
helps TechSci clients to lead rather than follow market trends.
Contact
Mr.
Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]