Mechanical Flow Meters Market 2022 Global Growth Opportunities, Key Driving Factors, Market Scenario and Forecast to 2027

The Global Mechanical Flow Meters Market Report includes an in-depth study of development components, trends, fluxes, and sizes. The research also calculates current and historical market values in order to anticipate possible market management for the 2022-2027 forecast period. The thorough use of both primary and secondary data sources was used in this Mechanical Flow Meters Market research study. This involves research into government policy, the market environment, the competitive landscape, historical data, current market trends, technological innovation, emerging technologies, and technical advancement in connected industries, among other things.

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The Global Mechanical Flow Meters Market Size is Projected to Reach at a CAGR of 18.7% during 2022-2027.

The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: ABB, TE Connectivity, WIKA, Rockwell Automation, Gems Sensors, SMC Corporation, Endress+Hauser, Dwyer Instruments, Siemens, ifm electronic, SIKA, Cynergy3 Components (Sensata), Fluid Components International (FCI), Barksdale (Crane), GHM Group, McDonnell & Miller (Xylem), KOBOLD Instruments, Harwil Corporation, Ameritrol Inc., Kelco, Magnetrol, Inc., Proteus Industrie, Shanghai Fengshen, Malema Engineering

Recent development:

June 2020 - ABB launched its Sensyflow FMT700-P Compact thermal mass flow meter. The P-Compact is designed to test traditional turbochargers and components, including throttle valves, intake fans, and air filters, and examine the performance of hydrogen fuel cells.

Mechanical Flow Meters Market Segmentation:

Mechanical Flow Meters market Segmentation By Type:

Paddle

Thermal

Piezo

Shuttle/Piston

Others

Mechanical Flow Meters market Segmentation By Application:

For Liquids

For Gas

For Solids

Market Overview

The Mechanical Flow Meters market was valued at USD 6.46 billion in 2022. It is expected to reach USD 9.12 billion by 2027, registering a CAGR during 2022-2027 (henceforth referred to as the “forecast period”). Flowmeters, sometimes also referred to as flow sensors, are basically electronic devices that primarily measure or regulate the flow rate of liquids and gases within the pipes and tubes. They are commonly used in HVAC systems, medical devices, chemical factories, and septic systems. These meters can primarily detect leaks, blockages, pipe bursts, and changes in the liquid concentration, owing to any contamination or pollution.

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North America has the largest market in the Mechanical Flow Meters market.
The United States is one of the most regulated countries after European countries. The oil and gas, water and wastewater, and renewable energy industries are the main consumers for the Mechanical Flow Meters market. According to the US Renewable Energy Factsheet (2020), published in by the Center of Sustainable Systems, University of Michigan, about 80% of the nation’s energy comes from fossil fuels, 8.4% from nuclear power, and 11.4% from renewable sources.
In the United States, competing technologies, such as multipoint averaging pitot tubes and ultrasonic flow meters, are being more explored, in comparison to thermal meters.

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Significant Features and Key Highlights of the Reports:

– Detailed overview of Mechanical Flow Meters Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value.

– Recent industry trends and developments

– Competitive landscape of Mechanical Flow Meters Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth.

The report gives answers to the following:

What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Mechanical Flow Meters industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2022-2027)?
What could be the anticipated value of the Mechanical Flow Meters marketplace in the during the forecast period?

Customization: -

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This release was published on openPR.