Medical Devices

Global Flowmeter Market 2016-2020

  • TEC612660
  • 72 Pages
  • June 2016
  • Medical Devices
About the Flow Meter Market

Flow meters measure the mass, quantity, pressure and velocity of any fluid or gas flowing through a pipeline. These meters are classified into two types:
Analog flow meters
Smart/intelligent flow meters
At present, the majority of the flow meters used are traditional analog flow meters, which are used to measure the flow of the fluid (oil and water) and gas (LPG, NG, condensate). But the trend is shifting toward the adoption of smart meter technology. Various governments and companies are adopting these new smart meters, which can transmit real-time data about consumption, peak load, and other crucial information such as leakages that need to be addressed immediately.

Technavios analysts forecast the global flow meter market to grow at a CAGR of 11.45% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global flow meter market for 2016-2020. For calculating the market demand for flow meters, we have considered the different types of flow meters used, the application sectors, the global pipeline network, the flow meters used in a pipeline, the average replacement frequency of a flow meter, the demand in different geographical segments, the market growth patterns in these geographies, and the application of flow meters in segments like residential, commercial, and industrial.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Flow Meter Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the operating in this market.

Key vendors
ABB
Elster
Emerson Electric
GE
Itron

Other prominent vendors
Azbil
Honeywell International
Landis+Gyr
Yokogawa Electric

Market driver
Emergence of smart meters
For a full, detailed list, view our report

Market challenge
High costs involved in switching between utility vendors
For a full, detailed list, view our report

Market trend
Utility data analytics market
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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