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Intelligent Flow Meter Market, Global Outlook and Forecast 2023-2029

Intelligent Flow Meter Market, Global Outlook and Forecast 2023-2029

  • Published on : 17 May 2023
  • Pages :70
  • Report Code:SMR-7691751

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Report overview

Intelligent flow meters are used to measure fluidic phenomenon in a wide range of industrial as well as commercial applications including oil and gas, food and beverages, pharmaceutical industry and power generation. An intelligent flow meter is used to measure the velocity of a fluid with ultrasound or any other technique to calculate the volume flow. Intelligent flow meters remain unaffected from temperature, viscosity, density and any suspended particulates. Intelligent flow meters are electronic meters and thus does not involve any moving parts unlike mechanical flow meters. Flow meters is the quantification of bulk fluid movement. Flow can be measured by contact type or non contact type sensors but intelligent flow meters involve non contact type of measurement of fluid flow. Intelligent flow meters usually sends a laser beam or an ulstrasonic beam to the moving liquid which gets reflected back from the moving liquid and the movement or velocity of the moving fluid is displayed on the screen. The intelligent flow meters are widely used in fluid industries to check the fluid flow inside the pipes as well as to maintain the fluid flow in such pipes.
This report aims to provide a comprehensive presentation of the global market for Intelligent Flow Meter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Intelligent Flow Meter. This report contains market size and forecasts of Intelligent Flow Meter in global, including the following market information:
Global Intelligent Flow Meter Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Intelligent Flow Meter Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Intelligent Flow Meter companies in 2022 (%)
The global Intelligent Flow Meter market was valued at US$ 5629.9 million in 2022 and is projected to reach US$ 6908.4 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
APAC held the largest share of the intelligent low meter market in 2017; the market in APAC is expected to grow at a high rate between 2018 and 2025. The growing industrial infrastructural activities, increasing demand for accurate and effective devices to measure the fluid, rising population, and urbanization in this region are the major factors driving the growth of the intelligent flow meter market in APAC.
We surveyed the Intelligent Flow Meter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Intelligent Flow Meter Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Intelligent Flow Meter Market Segment Percentages, by Type, 2022 (%)
Coriolis
Magnetic
Ultrasonic
Multiphase
Vortex
Variable Area
Differential Pressure
Thermal
Turbine
Global Intelligent Flow Meter Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Intelligent Flow Meter Market Segment Percentages, by Application, 2022 (%)
Chemicals
Power Generation
Food and Beverages
Metals & Mining
Oil & Gas
Paper & Pulp
Pharmaceuticals
Water & Wastewater
Others
Global Intelligent Flow Meter Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Intelligent Flow Meter Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Intelligent Flow Meter revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Intelligent Flow Meter revenues share in global market, 2022 (%)
Key companies Intelligent Flow Meter sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Intelligent Flow Meter sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Emerson Electric
Endress + Hauser
Honeywell
Siemens
Yokogawa Electric
Azbil
Brooks Instruments
General Electric
Krohne Messtechnik
Sierra Instruments
Outline of Major Chapters:
Chapter 1: Introduces the definition of Intelligent Flow Meter, market overview.
Chapter 2: Global Intelligent Flow Meter market size in revenue and volume.
Chapter 3: Detailed analysis of Intelligent Flow Meter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Intelligent Flow Meter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Intelligent Flow Meter capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.