Flow Meter Market Growth Probability, Key Vendors and Future Scenario Up To 2026

The global flow meter market is expected to explore new growth opportunity during the forecast period as a result of the introduction of technologically advanced flow meters that reduces the need for skilled workers by reducing the overall cost.

According to a new report published by Allied Market Research titled, " Flow Meter Market by Type and End-Use: Global Opportunity Analysis and Industry Forecast, 2019–2026," the global flow meter market size was valued at $7.3 billion in 2018, and is projected to reach $11.9 billion by 2026, growing at a CAGR of 6.3% from 2019 to 2026.

Download Sample PDF:https://www.alliedmarketresearch.com/request-sample/6258

The power generation segment dominated the market in 2018, accounting for nearly one-third of the global flow meter market. The flow meter offers several benefits including accurate flow measurement of conductive feedwater flow, ensuring the lowest level of emission, and improving energy processing capacities.

The global flow meter market across Asia-Pacific held the largest share in 2018, contributing to nearly two-fifths of the market, owing to high manufacturing base of industries including food & beverages, chemical, textile, refining, and water & wastewater treatment. However, the market across Europe is expected to reach Europe is expected to portray the fastest CAGR of 6.6% during the forecast period, owing to sustainable measures adopted by European Union over the past few years.

Major market players
• Honeywell International Inc.
• Emerson Electric Company
• Siemens AG
• Schneider Electric SE
• ABB Ltd
• Azbil Corporation
• Yokogawa Electric Corporation
• Hitachi, Ltd.
• Badger Meter Inc.
• KROHNE Messtechnik GmbH

Get detailed COVID-19 impact analysis on the Flow Meter Market:https://www.alliedmarketresearch.com/request-for-customization/6258?reqfor=covid

The ultrasonic segment is expected to register the fastest CAGR of 6.9% during the forecast period, owing to increased reliability, reduced pressure drop, and relatively higher accuracy. However, the differential pressure segment held the largest share in 2018, contributing to more than one-fourth of the global flow meter market.

Key Findings of the Study:
• By type, differential pressure flow meter emerged as the global leader by acquiring 29.1% market share in 2018, and it is anticipated to be the largest market during the forecast period
• By end-user, power generation is the largest revenue segment over other end users with more than 30% global market share in 2018
• Asia-Pacific is the largest regional market due to strong industrial growth, presence of emerging economies such as China, India, Japan, and South Korea

For Any Query Connect with Our Research Expert:https://www.alliedmarketresearch.com/connect-to-analyst/6258

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada): +1-800-792-5285, +1-503-446-1141
International: +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research/

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.