Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Thursday, December 29, 2022

Lucintel Forecasts Flow Meter Market to Reach $XX Billion by 2028

According to the recent study the flow meter market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 6% to 8% from 2023 to 2028. Growth in this market is primarily driven by rising industrial automation in developing nations, increasing demand for flow rate measurement in O&G management applications, and growing adoption of IoT sensors based smart metering solutions.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in flow meter market by meter type (differential pressure, positive displacement, ultrasonic, turbine, magnetic, coriolis, vortex, and others), product (analog and digital), power type (electric, solar and battery powered), pipe size (up to 2 inches, 4 inches, 6 inches, and more than 6 inches), end use industry (water & wastewater, oil & gas, chemicals, power generation, pulp & paper, food & beverage, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/flow-meter-market.aspx

“Battery powered market is expected to remain the largest segment during the forecast period.”

Based on power type, the flow meter market is segmented into electric, solar and battery powered. Lucintel forecasts that the battery powered market is expected to remain the largest segment due to its ease of use, low energy density, affordability and rechargeable batteries.

“Within the flow meter market, the oil & gas segment is expected to remain the largest end use industry.”

Based on end use industry the oil & gas segment is expected to witness the highest growth over the forecast period due to the rapid growth of the industry, rising government initiatives to surge protection and safety regarding environmental issues and rising requirement for precise flow measurement under different temperature range.

“Asia pacific will dominate the flow meter market in near future.”

Asia Pacific will remain the largest region due to the rising population, growing government investments in wastewater treatment plants and increasing penetration of technology in the region.

Download Brochure of this report by clicking on https://www.lucintel.com/flow-meter-market.aspx.

Major players of flow meter market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Honeywell, Siemens, Emerson Electric, ABB, Yokogawa Electric, Azbil, and Badger Meter are among the major flow meter providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/flow-meter-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

Related reports

Electric Power Transmission and Distribution Equipment Market:

For more details click here https://www.lucintel.com/electric-transmission-and-distribution-equipment-market.aspx

 

Switchgear Market:

For more details click here https://www.lucintel.com/switchgear-market.aspx

 

Lithium-Ion Battery Market:

For more details click here https://www.lucintel.com/lithium-ion-battery-market.aspx

 

Supercapacitor Market:

For more details click here https://www.lucintel.com/supercapacitor-market.aspx

 

HVDC PP Film Capacitor Market:

For more details click here https://www.lucintel.com/hvdc-pp-film-capacitor-market.aspx

 

Energy Cable Market:

For more details click here https://www.lucintel.com/energy-cable-market.aspx

 

Expandable Liner Hanger System Market:

For more details click here https://www.lucintel.com/expandable-liner-hanger-system-market.aspx

 

Utility Pole Market:

For more details click here https://www.lucintel.com/utility-pole-market.aspx


Cable Management Accessory Market:

For more details click here https://www.lucintel.com/cable-management-accessory-market.aspx

 

Distributed Energy Generation Market:

For more details click here https://www.lucintel.com/distributed-energy-generation-market.aspx

No comments:

Post a Comment