Intelligent Flow Meter Market

Intelligent Flow Meter Market worth $3.1 billion by 2025

According to the new market research report "Intelligent Flow Meter Market with COVID-19 Impact by Type (Magnetic, Coriolis, Ultrasonic, Vortex, Multiphase, Thermal, Turbine, Variable Area, & Differential Pressure), Offering, Communication Protocol, Industry, and Region - Global Forecast to 2025", the global intelligent flow meter market size was valued at USD 2.5 billion in 2020 and is projected to reach USD 3.1 billion by 2025; it is expected to grow at a CAGR of 4.4% from 2020 to 2025. The key factors fueling the growth of this market include the benefits of accuracy, stability, and reliability provided by intelligent flow meters, high demand for these flow meters in chemicals and water & wastewater industries, and the growing use of intelligent flow meters for diagnostic information along with measurement data.

Browse 107 market data Tables and 58 Figures spread through 187 Pages and in-depth TOC on "Intelligent Flow Meter Market with COVID-19 Impact - Global Forecast to 2025"
View detailed Table of Content here -

Magnetic Flow Meters are expected to hold the largest size of the intelligent flow meter market by 2025.

Magnetic flow meters are expected to contribute the largest share to the intelligent flow meter market during the forecast period. Magnetic flow meters are most significantly used in the water & wastewater industry, which is the major end user of the intelligent flow meter market. These flow meters are also used for flow measurement in industries such as chemicals, food & beverages, pulp & paper, power generation, metals & mining among others. These flow meters can effectively measure the fluid or gas flow in both the forward and reverse directions in the pipe with high accuracy. Magnetic flow meters require low maintenance costs as they do not have any moving components in them. Owing to these benefits over other types, magnetic flow meters are largely adopted in industries and are expected to dominate the market during the forecast period.

Oil & gas industry accounted for the largest size of the intelligent flow meter market in 2019.

Oil & gas industry contributed the largest share of the intelligent flow meter market in 2019. This growth can be attributed to the increasing demand for accurate and precise measurement of oil and gases in extraction plants as well as refineries. There has been a major demand for intelligent flow meters from the oil & gas industry compared to other industries however, there is a sharp decline in oil prices as a consequence of the COVID-19 pandemic. This may adversely affect the adoption of intelligent flow meters in the industry in the near future as the industry would be on its verge of recovery and the deployment of intelligent flow meters would cause increasing expenses.

APAC projected to be the largest market for a intelligent flow meter from 2020 to 2025.

APAC is expected to lead the intelligent flow meter market by contributing the largest share in 2020. This growth can be attributed to a number of factors such as the rising demand for efficient and accurate measurement devices, increasing industrial infrastructural activities, and high demand for intelligent flow meters in chemicals and water & wastewater industries. The presence of prominent players in the intelligent flow meter market such as Yokogawa Electric (Japan), Azbil (Japan), and Fuji Electric (Japan) support the growth of the market in the region to a large extent.

The key players operating in the intelligent flow meter market include ABB (Switzerland), Emerson Electric (US), Siemens (Germany), Endress+Houser (Switzerland), Honeywell International (US), Yokogawa Electric (Japan), Baker Hughes (US), and Azbil (Japan) among others.

Don’t miss out on business opportunities in Intelligent Flow Meter Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
SE 3120
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Intelligent Flow Meter Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2022 MarketsandMarkets Research Private Ltd. All rights reserved

Digital Virtual Assistant - MarketsandMarkets