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Intelligent Flow Meter - Global Market Outlook (2018-2027)

Intelligent Flow Meter - Global Market Outlook (2018-2027)

4.8 (75 reviews)
Published: December 2019 ID: SMRC18893
4.8 (75 reviews)
Published: December 2019 ID: SMRC18893

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Intelligent Flow Meter Market is accounted for $6.05 billion in 2018 and is expected to reach $10.58 billion by 2027 growing at a CAGR of 6.4%. Growing investment in industrial infrastructure activities and growing use of intelligent flow meters for diagnostic information along with measurement data are likely to boost the growth of the market. However, high initial cost for coriolis and magnetic flow meters are likely to hamper the profit boundaries.

Intelligent flow meters are utilized to measure fluidic phenomenon in a wide scope of modern just as business applications including oil and gas, food and beverages, pharmaceutical industry and power generation. A intelligent flow meter is utilized to quantify the speed of a liquid with ultrasound or some other strategy to ascertain the volume flow. 

Based on end user, the multiphase segment is having a huge demand because their ability to measure oil, gas, and water simultaneously; this makes these flow meters more effective compared to other flow meters, which measure only one fluid at a time. By geography, the Asia Pacific region is going to have a significant market growth during forecast period owing to the growing demand for high-quality energy-efficient devices and the increasing number of industrial infrastructural activities.

Some of the key players in the Intelligent Flow Meter market include Sierra Instruments , Yokogawa Electric Corporation (Japan), ABB limited (Switzerland), Siemens AG (Germany), Krohne Messtechnik GMBH, Honeywell International Inc. (U.S), General Electric Company, Endress+Hauser AG (Germany), Emerson Electric Company (U.S), Brooks Instruments, Abzil Corporation, and Nidec Corporation.  
 
Communication Protocols Covered:
• Profibus
• Modbus
• HART

Types Covered:
• Calorimetric
• Magnetic Flow Meter
• Coriolis
• Ultrasonic
• Vortex
• Multiphase
• Variable Area
• Thermal
• Differential Pressure
• Turbine

End Users Covered:
• Power Generation 
• Oil & Gas 
• Chemical 
• Pharmaceuticals 
• Metals & Mining 
• Pulp & Paper 
• Food & Beverages 
• Water & Wastewater 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia        
o New Zealand
o South Korea       
o Rest of Asia Pacific       
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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