Press release
Flow Sensor Market 2020: Global Manufacturers like Hach Company (US), First Sensor AG (Germany), Bopp & Reuther Messtechnik GmbH (Germany), Faure Herman and more…
The Global Flow Sensor Market was valued at US$ 7,020 million in the year 2018 and is expected to reach US$ 12,334.9 million by the year 2026, growing at a CAGR of 7.3% by 2027.The ripple effect of Coronavirus-COVID19 on the Flow Sensor Market needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance to all the sectors in the Flow Sensor Market. Key data sets include Revenue Impact analysis, Disruptions and New opportunities in the Supply Chain, Revised Vendor Landscape Mix, New opportunities mapping, and more.
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The flow sensor market is being driven by the increasing adoption of IoT-based technologies which demand intelligent meters for the smooth implementation of smart flow sensor-based solutions. Conversely, the high initial cost, coupled with less knowledge about the operational process of these sensors, is expected to curtail the growth of the market.
AllTheResearch offers a most recent distributed report on Global Flow Sensor industry examination and figure 2019-2027conveying key bits of knowledge and giving an upper hand to customers through a point by point report. The report contains XX pages which profoundly displays on current market investigation situation, up and coming just as future chances, income development, evaluating and gainfulness.
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Market Segmentation:
Following Top Key players are profiled in this Market Study:
Hach Company (US), First Sensor AG (Germany), Bopp & Reuther Messtechnik GmbH (Germany), Faure Herman (France), Keyence Corporation (Japan), OMEGA Engineering (US), Emerson Electric Co. (US), Siemens AG (Germany), Sika AG (Switzerland), TSI Incorporated (US).
By Applications: Food and Beverage, Oil and Gas, Power Generation, Automotive, Healthcare, Paper and Pulp, Others
On the basis of the end-user, the global flow sensor market is segmented as food & beverage, oil & gas, power generation, automotive & transportation, healthcare, and paper & pulp. The power generation category is likely to hold the highest share during the forecast period, owing to the increasing adoption of flow sensors in this end-user category, for the purpose of gaining control over toxic gas emission. Flow sensors help in monitoring the flow rate of toxic gasses such as ammonia (NH3) and other gasses such as NOx and SOx. These sensors are flexible enough to adjust with pipes of any diameter. In various industries, flow sensors are also used to avoid corrosion & other damages by measuring the feed water.
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Regional Analysis:
North America
Europe
Asia Pacific
LATAM
Middle East Africa
Region Analysis:
Based on regions, the global market for Flow Sensor has been segmented into North America, Europe, Asia-Pacific, Central & South America America, and Middle East & Africa. In 2018, Europe accounted for the largest share in the Flow Sensor market and this trend is expected to continue during the forecast period. Europe, Germany, Norway, and Sweden are expected to be the key players in the region. The growing demand for environment-friendly insulating materials in various end-use industries are driving the market in the region.
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