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Flow Meter Market Share

Report ID: GMI5075
Published Date: Feb 2023
Report Format: PDF

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Flow Meter Market Share

Companies constituting the competitive landscape of the flow meter market are

ABB
Omron Corporation
Panasonic
Emerson Electric Co.
TE connectivity
Renesas Electronics Corporation
Keyence corp
Siemens AG
Honeywell International Inc
SiCK AG

These players are making hefty R&D investments to leverage novel technologies and innovate new products to stay competitive in the market.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Global Market size for flow meter surpassed USD 8 billion in 2022 and is predicted to grow at over 7% CAGR from 2023 to 2032, given a noticeable rise in pharmaceutical production globally.

The differential flow meter market share was worth over USD 2 billion in 2022 and is poised to witness substantial growth through 2032, attributed to the increasing utilization of differential flow meters in a range of oil and power generation applications.

The overall flow meter industry value from the oil & gas segment is anticipated to surpass USD 4 billion in revenues by 2032, owing to the increasing demand for ultrasonic flow meters to measure fluid flow rate at extreme temperatures and pressures across the oil & gas industry.

Asia Pacific flow meter industry is estimated to witness over 8% CAGR from 2023 to 2032 driven by the accelerating sales of packaged food items across major regional economies such as India and China.