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Press Release:
Flow Meter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023
A flow meter is a device used to measure the linear, nonlinear, volumetric or mass flow rate of liquid, gas or vapour. Depending upon their usage, these meters are also called flow indicators, flow gauges and liquid meters. The major applications of flow meters include measuring household utility consumption, flare management in refineries and measuring the flow of oil, water, fuel, chemicals, paint, etc. across different industrial sectors. According to the latest study by IMARC Group, titled “Flow Meter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global flow meter market reached a value of US$ 6 Billion in 2017.
The demand for flow meters has been primarily influenced by developments in major end-use industries. Over the last few years, several mining and oil refining facilities have witnessed an expansion worldwide, driven by enhanced demand for minerals and petrochemicals. Another major factor facilitating the market growth is the introduction of new flow meter technologies. Digital meters with improved accuracy and response rate along with self-diagnostic features and latest communication protocols have been replacing conventional flow meters, boosting the market growth. Owing to these factors, the market is further expected to reach a value of US$ 9 Billion by 2023, growing at a CAGR of 6.8% during 2018-2023.
The report has segmented the global flow meter market on the basis of key applications, covering residential, industrial and commercial sectors. Currently, the residential sector is the largest application area, accounting for the majority of the total share. Based on types, analog flow meters dominate the market, followed by smart flow meters. The market is also segmented on a regional basis, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Amongst these, North America represents the largest market, followed by Europe. An analysis of the competitive landscape provides the details of the key players operative in the market. Some of the major players are ABB Group, Emerson Electric, Siemens, Schneider Electric and Saison Information Systems Co., Ltd.
This report provides a deep insight into the global flow meter market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the flow meter industry in any manner.
Key Questions Answered in This Report:
- How has the global flow meter market performed so far and how will it perform in the coming years?
- What are the key regions in the global flow meter market?
- What are the key application segments in the global flow meter market?
- Which are the popular product types in the global flow meter market?
- What are the import and export trends of flow meter?
- What are the various stages in the value chain of the global flow meter market?
- What are the key driving factors and challenges in the global flow meter market?
- What is the structure of the global flow meter market and who are the key players?
- What is the degree of competition in the global flow meter market?
- How is flow meter manufactured?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Flow Meter Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Application
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
5.7.1 Overview
5.7.2 Strengths
5.7.3 Weaknesses
5.7.4 Opportunities
5.7.5 Threats
5.8 Value Chain Analysis
5.8.1 Overview
5.8.2 Research and Development
5.8.3 Raw Material Procurement
5.8.4 Manufacturing
5.8.5 Marketing
5.8.6 Distribution
5.8.7 End-Use
5.9 Porters Five Forces Analysis
5.9.1 Overview
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes
6 Market Breakup by Product Type
6.1 Analog Flow Meter
6.2 Smart Flow Meter
7 Market Breakup by Application
7.1 Residential
7.2 Industrial
7.3 Commercial
8 Market Breakup by Region
8.1 North America
8.2 Europe
8.3 Asia Pacific
8.4 Middle East and Africa
8.5 Latin America
9 Imports and Exports
9.1 Imports by Major Countries
9.2 Exports by Major Countries
10 Flow Meter Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 ABB Group
11.3.1.1 Company Overview
11.3.1.2 Description
11.3.1.3 Product Portfolio
11.3.1.4 Financials
11.3.1.5 SWOT Analysis
11.3.2 Emerson Electric
11.3.2.1 Company Overview
11.3.2.2 Description
11.3.2.3 Product Portfolio
11.3.2.4 Financials
11.3.2.5 SWOT Analysis
11.3.3 Siemens
11.3.3.1 Company Overview
11.3.3.2 Description
11.3.3.3 Product Portfolio
11.3.3.4 Financials
11.3.3.5 SWOT Analysis
11.3.4 Schneider Electric
11.3.4.1 Company Overview
11.3.4.2 Description
11.3.4.3 Product Portfolio
11.3.4.4 Financials
11.3.4.5 SWOT Analysis
11.3.5 Saison Information System Co., Ltd.
11.3.5.1 Company Overview
11.3.5.2 Description
11.3.5.3 Product Portfolio
11.3.5.4 Financials
11.3.5.5 SWOT Analysis
List of Figures
Figure 1: Global: Flow Meter Market: Major Drivers and Challenges
Figure 2: Global: Flow Meter Market: Sales Value (in Billion US$), 2010-2017
Figure 3: Global: Flow Meter Market: Breakup by Product Type (in %), 2017
Figure 4: Global: Flow Meter Market: Breakup by Application (in %), 2017
Figure 5: Global: Flow Meter Market: Breakup by Region (in %), 2017
Figure 6: Global: Flow Meter Market Forecast: Sales Value (in Billion US$), 2018-2023
Figure 7: Global: Flow Meter Industry: SWOT Analysis
Figure 8: Global: Flow Meter Industry: Value Chain Analysis
Figure 9: Global: Flow Meter Industry: Porter’s Five Forces Analysis
Figure 10: Global: Analog Flow Meter Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 11: Global: Smart Flow Meter Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 12: Global: Flow Meter Market (Applications in Residential Sector): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 13: Global: Flow Meter Market (Applications in Industrial Sector): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 14: Global: Flow Meter Market (Applications in Commercial Sector): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 15: North America: Flow Meter Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 16: Europe: Flow Meter Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 17: Asia Pacific: Flow Meter Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 18: Middle East and Africa: Flow Meter Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 19: Latin America: Flow Meter Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 20: Global: Flow Meter Industry: Import Breakup by Country (in %), 2017
Figure 21: Global: Flow Meter Industry: Export Breakup by Country (in %), 2017
Figure 22: Flow Meter Manufacturing: Process Flow
List of Tables
Table 1: Global: Flow Meter Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Flow Meter Market Forecast: Breakup by Product Type (in Million US$), 2018-2023
Table 3: Global: Flow Meter Market Forecast: Breakup by Application (in Million US$), 2018-2023
Table 4: Global: Flow Meter Market Forecast: Breakup by Region (in Million US$), 2018-2023
Table 5: Global: Flow Meter Industry: Import Data by Country
Table 6: Global: Flow Meter Industry: Export Data by Country
Table 7: Flow Meter: Raw Material Requirements
Table 8: Global: Flow Meter Industry: Market Structure
Table 9: Global: Flow Meter Market: Key Players
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