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Flow Meters Market Worth 9.30 Billion USD by 2022


News provided by

MarketsandMarkets

07 Nov, 2017, 15:30 GMT

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PUNE, India, November 7, 2017 /PRNewswire/ --

The report "Flow Meters Market by Type (Differential Pressure, Positive Displacement, Magnetic, Ultrasonic, Coriolis, Turbine, Vortex), End-use Industry (Water & Wastewater, Oil & Gas, Chemicals, Power Generation, Pulp & Paper, Food & Beverages) - Global Forecast to 2022" published by MarketsandMarkets™, the market is projected to grow from USD 6.81 Billion in 2017 to USD 9.30 Billion by 2022, at a CAGR of 6.42% from 2017 to 2022.

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     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 77 Market Data Tables and 33 Figures spread through 161 Pages and in-depth TOC on "Flow Meters Market"

http://www.marketsandmarkets.com/Market-Reports/flow-meters-market-1191.html
Early buyers will receive 10% customization on this report.

The growth of this market is mainly driven by increasing demand for flow meters from oil & gas and water & waste water industries.

The ultrasonic segment is projected to grow at the highest CAGR during the forecast period 

Based on type, the ultrasonic segment is projected to grow at the highest CAGR from 2017 to 2022. This is due to the increasing demand for oil & gas, water & waste water, food & beverage, pharmaceuticals, and other end-use industries. Ultrasonic flow meters can handle high pressure, temperature, and are reliable. They are inexpensive to maintain and easy to use as they do not make use of moving parts. They do not hamper the flow and therefore can be applied to corrosive and abrasive liquids.

Get PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=1191

The water & waste water segment accounted for the largest share of the Flow Meters Market 

The water & waste water segment accounted for the largest share of the Flow Meters Market in 2016 on account of the rising demand of high-quality water for various uses including drinking. The rising population in emerging economies exerts pressure on the government to build water resources that are under massive strain. This, in turn, is driving the market for flow meters.

Asia Pacific is projected to be the fastest-growing market for flow meters 

Based on region, the Flow Meters Market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia Pacific is the fastest-growing market for flow meters and is primarily driven by the increased demand from end-use industries such as oil & gas, water & waste water, chemical, power generation, metals & mining, and others.

Key players operating in the Flow Meters Market include Honeywell (US), Siemens (Germany), Emerson Electric Co. (US), ABB Ltd. (Switzerland), Yokogawa Electric. (Japan), Azbil (Japan), Badger Meter. (US), Krohne Messtechnik (Germany), Schneider Electric (France), Endress Hauser (Switzerland), Litre Meter (UK), Sierra Instruments (US), SICK AG (US), Seametrics Inc. (US), EQUFLOW (Netherlands), Max Machinery.(US), McCrometer (US.), Sensirion (Switzerland), Thermal Instruments (US), Brooks Instruments (US), AW Lake Company (US), KEM Kuppers Elektromechanik (Germany), Katronic Technologies (UK), and Parker Hannifin (US).

Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1191

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com


Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
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