Press release
Global Flowmeter Market Is Predicted To Witness A Massive Surge In Demand And Growth
The global flowmeter market size is expected to grow from $6.78 billion in 2021 to $7.36 billion in 2022 at a compound annual growth rate (CAGR) of 8.68%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The flowmeter market is expected to reach $10.74 billion in 2026 at a CAGR of 9.88%.The Business Research Company offers the Flowmeter Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The flowmeter market consists of sales of flowmeters by entities (organizations, sole traders, and partnerships) that refer to a tool utilized to measure the linear, nonlinear, mass, or volumetric flow rate of a liquid or a gas. Flowmeter is also called a flow sensor. Open channels, such as rivers or streams, can be measured with flowmeters. Improving the accuracy, precision, and resolution of fluid measurement are some of the benefits of flowmeters.
Some key flowmeter market players are ABB Ltd, Emerson Electric Co., Em-Tec GmbH, Endress+Hauser Management AG, General Electric Company, Hitachi Ltd., Honeywell International Inc., Höntzsch GmbH, KROHNE Messtechnik GmbH, Siemens AG, Yokogawa Electric Corporation, VSE Volumentechnik GmbH, Keyence Corporation, Schneider Electric SE, and Saison Information Systems Co. Ltd.
The countries covered in the global flowmeter market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global flowmeter market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Flowmeter Market Segmentation:
By Type
1. Differential Pressure Flow Meter
2. Positive Displacement Flow Meter
3. Ultrasonic Flow Meter
4. Turbine Flow Meter
5. Magnetic Flow Meter
6. Coriolis Flow Meter
7. Vortex Flow Meter
By Application
1 Residential
2. Industrial
3. Commercial
By End-User
1. Water and Wastewater
2. Oil and Gas
3. Chemicals
4. Power Generation
5. Pulp and Paper
6. Food and Beverage
See more on the report at https://www.thebusinessresearchcompany.com/report/flowmeter-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Flowmeter Market Characteristics
3. Flowmeter Market Trends And Strategies
4. Impact Of COVID-19 On Flowmeter
5. Flowmeter Market Size And Growth
……
26. Africa Flowmeter Market
27. Flowmeter Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Flowmeter Market
29. Flowmeter Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the flowmeter market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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