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Flow Meters Market Estimated to Expand at a Robust CAGR over 2024

Flow Meters Market Estimated to Expand at a Robust CAGR over 2024

Subtitle: The Flow Meters Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The global flow meter market can be segmented by application, by product and by geography. The product type is further segmented into Magnetic, Coriolis, positive displacement, turbine, vortex and others. Magnetic flow meter lead the global market in terms of value in 2012. Magnetic flow meters are majorly used in wastewater and water industry. Main applications of Coriolis flow meter include petrochemical and refining, chemicals, oil and gas and other industries. Geography segment covers North America, Europe, Asia pacific and RoW.

This market is expected to show the single digit growth in CARG by 2019. Rapid industrialization and growing population in Asia Pacific act as drivers for this market. Growing population requires wastewater and water infrastructure in that region. Africa and Middle East also have huge potential for flow meters market.

Asia pacific continues to remain the largest market for flow meters, followed by North America and Europe. Asia Pacific market is expected to grow owing to huge investment by increasing demand for flow meters from different types of industries.

The main key players for this industry include ABB Ltd., Yokogawa Electric Co., Hitachi ltd., Honeywell International ltd., Emerson Electric Co., Endress+Hauser AG and Siemens AG among others.

Browse Full Report summary and to request sample report and table of content @ http://www.persistencemarketresearch.com/market-research/flow-meters-market.asp

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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