Report Description

Global Flow Meters Market By Type (Magnetic, Coriolis, Ultrasonic, Differential Pressure, Positive Displacement, Turbine, Vortex and Others), By End-Use Industry (Water & Wastewater, Oil & Gas, Chemicals and Others), By Region, Competition, Forecast & Opportunities, 2024

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Power

Global flow meters market is projected to grow at a CAGR of over 5% during the forecast period, on account of increasing demand for flow meters from oil & gas and water & wastewater industries. A flow meter is a device used for the measurement of volumetric, mass, and linear and non-linear flow rate of a gas or fluid. Different types of flow meters are used for the measurement of various parameters of a fluid as it flows through a pipe. Flow is measured by measuring the liquid speed over a certain area. The performance of a flow meter relies on aspects such as density, pressure, viscosity, and temperature of liquids.

Based on type, global flow meters market has been categorized into magnetic, coriolis, ultrasonic, differential pressure, positive displacement, turbine, vortex and others. Of these types, ultrasonic segment is anticipated to witness healthy growth during the forecast period, backed by increasing demand from oil & gas, water & wastewater, food & beverages, pharmaceuticals, and other end-use industries, as they are reliable and can handle high pressure and temperature. Moreover, ultrasonic flow meters are inexpensive to maintain and easy to use, as they do not use moving parts. These flow meters do not hamper the flow and therefore can be applied to corrosive and abrasive liquids.

From a geographical standpoint, global flow meters market has been categorized into North America, Asia-Pacific, Europe, South America and the Middle East & Africa. The European flow meters market accounted for a significant share of the global market in 2018. Europe is home to several manufacturers and product innovators of flow rate measurement solutions and services. However, the Asia-Pacific market for flow meters is expected to register the highest growth in coming years, owing to rapid urbanization in emerging countries, which is stimulating the need for adequate power generation and efficient water & wastewater management.

Key players in global flow meters market are looking to expand their regions of operations by forming mergers and acquiring regional players from the fragmented section of the market. The companies in the market are also focused on investing in research & development activities to introduce new and cost-effective materials to keep up with the changing consumer needs. Some of the major players in the market are Honeywell, Siemens, Emerson Electric Co., ABB Ltd. and Yokogawa Electric.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

  • To analyze and forecast global flow meters market size.
  • To forecast global flow meters market based on type, end user and regional distribution.
  • To identify drivers and challenges for global flow meters market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global flow meters market.
  • To conduct the pricing analysis for global flow meters market.
  • To identify and analyze the profile of leading players operating in global flow meters market.


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 Some of the leading players in global flow meters market are Honeywell International Inc., Siemens AG, Emerson Electric Company, ABB Ltd., General Electric Company, Yokogawa Electric Corporation, Azbil Corporation, Badger Meter Inc., Schneider Electric Se and Krohne Messtechnik GmbH.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of flow meter manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major flow meter manufacturers across the globe.

TechSci Research calculated global flow meters market size using a bottom-up approach, where data for various end user industries and its applications across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Flow Meter manufacturers, suppliers, distributors and other stakeholders
  • Flow Meter end user industries
  • Organizations, forums and alliances related to flow meters market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as flow meter manufacturers, suppliers and end users. The report would also allow them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global flow meters market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Type
    • Magnetic
    • Coriolis
    • Ultrasonic
    • Differential Pressure
    • Positive Displacement
    • Turbine
    • Vortex
    • Others
      • Thermal
      • Multiphase
  • Market, by End-Use Industry
    • Water & Wastewater
    • Oil & Gas
    • Chemicals
    • Power Generation
    • Pulp & Paper
    • Food & Beverages
  • Market, by Region:
    • Asia-Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Thailand
      • Malaysia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Iran

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global flow meters market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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