Intelligent Flow Meter Market by Type (Magnetic, Coriolis, Ultrasonic, Vortex, Multiphase, Thermal, Turbine, Variable Area, & Differential Pressure), Offering, Communication Protocol, Industry, and Region - Global Forecast to 2035
Intelligent Flow Meter Market Summary
The Intelligent Flow Meter Market is witnessing robust expansion driven by increasing industrial automation, the integration of advanced analytics, and the rapid adoption of IoT-enabled devices. As of 2025, the global market size is estimated to be valued in the range of USD 3.5–4.5 billion, and it is projected to reach approximately USD 8.5–10.5 billion by 2035, growing at a compound annual growth rate (CAGR) of 8%–11% during the forecast period. This growth is strongly supported by the ongoing digital transformation across industries such as oil & gas, water utilities, chemicals, and manufacturing. The integration of artificial intelligence (AI), predictive maintenance capabilities, and cloud-based monitoring systems is reshaping how flow measurement technologies operate, enhancing accuracy, efficiency, and operational intelligence.
Key Market Trends & Insights
- The Intelligent Flow Meter Market is witnessing significant evolution driven by technology convergence and industrial modernization:
- North America leads the global market due to early adoption of automation and advanced industrial infrastructure.
- Asia Pacific is emerging as the fastest-growing region, fueled by rapid industrialization and smart city initiatives.
- Ultrasonic flow meters dominate due to their non-invasive nature and high accuracy in diverse applications.
- Integration of AI and predictive analytics is enabling real-time diagnostics and reducing maintenance costs.
- Cloud-based monitoring platforms are becoming standard, enhancing remote accessibility and operational efficiency.
- Sustainability and water conservation initiatives are boosting demand for intelligent flow measurement in utilities.
Market Size & Forecast
- Base Year Market Size (2025): USD 3.5–4.5 billion
- Forecast Market Size (2035): USD 8.5–10.5 billion
- CAGR (2025–2035): 8%–11%
- Growth is driven by increasing adoption of IoT-enabled devices, stringent regulatory frameworks for resource management, and rising need for operational efficiency across industries.
Intelligent Flow Meter Market Market Top 10 key takeaway
- Intelligent flow meters are becoming essential in Industry 4.0 ecosystems.
- AI-powered diagnostics are reducing downtime and maintenance costs.
- Ultrasonic and electromagnetic meters are gaining significant traction.
- Oil & gas remains the largest application segment globally.
- Water and wastewater management is a rapidly growing segment.
- Asia Pacific is expected to witness the highest growth rate.
- Cloud integration is enhancing data accessibility and analytics capabilities.
- Regulatory mandates for energy efficiency are boosting adoption.
- Wireless communication technologies are expanding deployment flexibility.
- Competitive landscape is driven by innovation and strategic partnerships.
Product Insights
The ultrasonic flow meter segment currently leads the Intelligent Flow Meter Market, primarily due to its non-intrusive measurement capabilities, minimal maintenance requirements, and high accuracy across a wide range of fluids. These meters are particularly favored in industries where contamination must be avoided, such as pharmaceuticals and food & beverage.
Electromagnetic flow meters also hold a significant share, especially in water and wastewater applications, owing to their reliability in measuring conductive liquids. Meanwhile, Coriolis flow meters are gaining popularity for high-precision applications in oil & gas and chemical industries, where mass flow measurement is critical.
Emerging product categories include hybrid smart flow meters that integrate multiple sensing technologies with AI-based analytics. These devices can automatically adjust calibration, detect anomalies, and provide predictive maintenance alerts. The integration of edge computing is further enhancing real-time decision-making capabilities, reducing reliance on centralized systems.
Technology / Component Insights
Technological innovation is at the core of the Intelligent Flow Meter Market. Key enabling technologies include advanced sensors, embedded AI algorithms, wireless communication modules, and cloud-based analytics platforms.
Artificial Intelligence plays a transformative role by enabling predictive maintenance, anomaly detection, and self-calibration of flow meters. Machine learning models analyze historical and real-time data to identify inefficiencies and optimize performance.
The integration of IoT allows seamless connectivity between flow meters and centralized monitoring systems. This connectivity facilitates real-time data transmission, remote diagnostics, and automated control mechanisms. Cloud computing further enhances scalability, enabling organizations to manage large volumes of data and gain actionable insights.
Automation technologies, including programmable logic controllers (PLCs) and distributed control systems (DCS), are increasingly integrated with intelligent flow meters to create fully automated industrial environments. Future innovations are expected to focus on digital twins, blockchain for data integrity, and enhanced cybersecurity measures to protect critical infrastructure.
Application Insights
The oil & gas sector remains the leading application segment for intelligent flow meters, driven by the need for accurate flow measurement in upstream, midstream, and downstream operations. These devices are critical for custody transfer, leak detection, and process optimization.
Water and wastewater management is another rapidly expanding application area, supported by global concerns over water scarcity and the need for efficient resource management. Intelligent flow meters enable utilities to monitor consumption patterns, detect leaks, and improve distribution efficiency.
Other significant applications include chemical processing, power generation, and food & beverage industries. In these sectors, the demand for precision, compliance with regulatory standards, and operational efficiency is driving adoption. Future opportunities lie in smart agriculture, HVAC systems, and renewable energy sectors, where flow measurement plays a crucial role in optimizing resource utilization.
Regional Insights
North America dominates the Intelligent Flow Meter Market, supported by advanced industrial infrastructure, high adoption of automation technologies, and strong presence of leading market players. The region’s focus on energy efficiency and regulatory compliance further drives demand.
Europe follows closely, with significant adoption in water management and renewable energy sectors. Stringent environmental regulations and sustainability goals are key growth drivers.
Asia Pacific is the fastest-growing region, fueled by rapid industrialization, urbanization, and government initiatives promoting smart cities and digital transformation. Countries like China and India are investing heavily in infrastructure development, boosting demand for intelligent flow meters.
- Latin America and the Middle East & Africa are also witnessing steady growth, particularly in oil & gas and water management sectors.
- North America leads due to technological advancement and automation adoption
- Europe benefits from strict environmental regulations
- Asia Pacific shows highest growth due to industrial expansion
- Middle East driven by oil & gas investments
- Latin America gaining traction in utilities and infrastructure
Country-Specific Market Trends
In Asia Pacific, China leads the market with a CAGR of approximately 7.5%, driven by large-scale industrial projects and smart manufacturing initiatives. Japan follows with strong adoption of precision technologies and automation in manufacturing.
In North America, the United States dominates with a CAGR of around 6.2%, supported by advanced infrastructure and early adoption of AI-driven solutions. Canada and Mexico are also experiencing steady growth due to investments in energy and utilities.
In Europe, Germany leads with a CAGR of 6.0%, driven by its strong industrial base and focus on Industry 4.0. France is also witnessing growth due to investments in water management and renewable energy.
- China dominates APAC with highest industrial demand
- Japan focuses on precision and automation technologies
- United States leads North America with strong innovation ecosystem
- Germany drives European market with Industry 4.0 initiatives
- France growing due to sustainability and water management focus
Key Intelligent Flow Meter Market Company Insights
The competitive landscape of the Intelligent Flow Meter Market is characterized by innovation, strategic partnerships, and strong focus on digital transformation. Leading companies are investing heavily in AI integration, IoT connectivity, and cloud-based platforms to enhance their product offerings.
Major players are focusing on developing smart flow meters with advanced diagnostics, predictive maintenance capabilities, and seamless integration with industrial automation systems. Partnerships with technology providers and acquisitions are common strategies to expand market presence and technological capabilities.
Companies are also prioritizing sustainability by developing energy-efficient products and solutions that support environmental compliance. Customization and industry-specific solutions are becoming key differentiators in the market.
- Companies are developing AI- and IoT-based solutions.
- There is an increasing focus on cloud integration.
- Strategic partnerships are helping in market expansion.
- Product innovation is the primary basis of competition.
- There is a growing emphasis on energy efficiency and sustainability.
Recent Developments
Recent developments in the Intelligent Flow Meter Market highlight the growing emphasis on innovation and digital integration. In 2024, a leading manufacturer launched an AI-enabled ultrasonic flow meter capable of real-time anomaly detection and predictive maintenance. Another major player introduced a cloud-connected electromagnetic flow meter designed for smart water management systems.
Additionally, strategic partnerships between flow meter manufacturers and IoT platform providers have accelerated the development of integrated solutions, enabling seamless data exchange and enhanced operational efficiency.
Market Segmentation
The Intelligent Flow Meter Market is segmented based on product, technology/component, application, and region. By product, the market includes ultrasonic, electromagnetic, Coriolis, and turbine flow meters, each catering to specific industrial needs. In terms of technology, the market encompasses AI-enabled systems, IoT-integrated devices, and cloud-based monitoring solutions.
Application-wise, the market spans oil & gas, water & wastewater, chemicals, power generation, and other industrial sectors. Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, with varying growth dynamics influenced by industrial development and regulatory frameworks.
Ultrasonic and electromagnetic dominate product segmentation
- AI and IoT are key technology drivers
- Oil & gas leads application segment
- Water management is fastest-growing application
- Asia Pacific shows strongest regional growth
Conclusion
The Intelligent Flow Meter Market is poised for substantial growth through 2035, driven by the increasing convergence of AI, IoT, and automation technologies. As industries continue to embrace digital transformation, the demand for smart, connected, and data-driven flow measurement solutions will rise significantly. Intelligent flow meters are not only enhancing operational efficiency but also enabling predictive maintenance and sustainability initiatives.
Businesses that invest in advanced flow measurement technologies will gain a competitive edge by improving process optimization, reducing costs, and ensuring regulatory compliance. The market’s future will be shaped by continuous innovation, strategic collaborations, and the integration of emerging technologies, making it a critical component of the global industrial ecosystem.
FAQs
1. What is the current market size of the Intelligent Flow Meter Market?
The market was valued at approximately USD 3.5–4.5 billion in 2025.
2. What is the expected growth rate of the market?
The market is expected to grow at a CAGR of 8%–11% from 2025 to 2035.
3. What are the key drivers of market growth?
Key drivers include AI integration, IoT adoption, industrial automation, and digital transformation initiatives.
4. Which region leads the market?
North America currently leads the Intelligent Flow Meter Market.
5. Who are the key companies in the market?
Major players include leading global manufacturers focusing on AI-enabled, IoT-integrated flow measurement solutions.
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 25)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MARKET SEGMENTATION
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 29)
2.1 RESEARCH DATA
FIGURE 2 INTELLIGENT FLOW METER MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market size using bottom-up approach (demand side)
FIGURE 3 MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for arriving at market size by top-down analysis (supply side)
FIGURE 4 MARKET: TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY FOR INTELLIGENT FLOW METER MARKET THROUGH SUPPLY-SIDE ANALYSIS
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 7 ASSUMPTIONS OF RESEARCH STUDY
3 EXECUTIVE SUMMARY (Page No. - 38)
FIGURE 8 SNAPSHOT: INTELLIGENT FLOW METER MARKET, 2017–2025 (USD MILLION)
FIGURE 9 MARKET: SCENARIOS
3.1 REALISTIC SCENARIO
TABLE 1 MARKET: REALISTIC SCENARIO, 2020–2025 (USD MILLION)
3.2 PESSIMISTIC SCENARIO
TABLE 2 MARKET: PESSIMISTIC SCENARIO, 2017–2025 (USD MILLION)
3.3 OPTIMISTIC SCENARIO
TABLE 3 MARKET: OPTIMISTIC SCENARIO, 2017–2025 (USD MILLION)
FIGURE 10 HARDWARE EXPECTED TO HOLD MAJOR SHARE OF MARKET IN 2020
FIGURE 11 OIL & GAS INDUSTRY ACCOUNTED FOR LARGEST SHARE OF MARKET IN 2019
FIGURE 12 MAGNETIC FLOW METERS EXPECTED TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD
FIGURE 13 APAC IS EXPECTED TO HOLD POTENTIAL GROWTH FOR MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 44)
4.1 INTELLIGENT FLOW METER MARKET EXPECTED TO HAVE HUGE GROWTH OPPORTUNITIES IN APAC
FIGURE 14 ATTRACTIVE GROWTH OPPORTUNITIES IN MARKET
4.2 MARKET, BY OFFERING (2017–2025)
FIGURE 15 MARKET FOR SOFTWARE TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4.3 INTELLIGENT FLOW METER MARKET, BY COMMUNICATION PROTOCOL (2020–2025)
FIGURE 16 PROFIBUS TO HOLD LARGEST SHARE OF MARKET IN 2020
4.4 MARKET IN APAC, BY COUNTRY
FIGURE 17 CHINA ACCOUNTED FOR LARGEST SHARE OF MARKET IN APAC IN 2019
4.5 MARKET, BY REGION
FIGURE 18 INTELLIGENT FLOW METER MARKET IN INDIA TO GROW AT HIGHEST CAGR DURING 2020–2025
5 MARKET OVERVIEW (Page No. - 47)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 High accuracy, stability, and reliability offered by intelligent flow meters
5.2.1.2 Growing demand, especially from chemicals and water & wastewater industries
5.2.1.3 Increasing investments in industrial infrastructure
5.2.1.4 Rising use for gaining diagnostic information along with standard flow measurement data
FIGURE 20 IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 High initial cost required for coriolis and magnetic flow meters
TABLE 4 COST COMPARISON OF FLOW METERS
5.2.2.2 Deteriorating oil prices
FIGURE 21 DECLINING OIL PRICES ADVERSELY AFFECT INVESTMENTS
5.2.2.3 Decline in demand for intelligent flow meters owing to COVID-19 outbreak
FIGURE 22 IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing emphasis on real-time data analysis and enhanced visibility
5.2.3.2 Rising growth opportunities in emerging countries in APAC
5.2.3.3 Growing awareness about advantages of intelligent flow meters
FIGURE 23 IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 High cost of intelligent flow meters
5.2.4.2 Lower adoption rate compared to conventional flow meters
FIGURE 24 IMPACT ANALYSIS OF CHALLENGES
5.3 VALUE CHAIN ANALYSIS
FIGURE 25 VALUE CHAIN ANALYSIS: MAXIMUM VALUE IS ADDED DURING MANUFACTURING AND ASSEMBLY STAGES
5.4 IMPACT OF COVID-19 ON INTELLIGENT FLOW METER MARKET
6 INTELLIGENT FLOW METER MARKET, BY TYPE (Page No. - 57)
6.1 INTRODUCTION
FIGURE 26 MARKET, BY TYPE
FIGURE 27 MAGNETIC FLOW METERS EXPECTED TO DOMINATE MARKET IN 2025
TABLE 5 MARKET, BY TYPE, 2017–2025 (USD MILLION)
6.2 MAGNETIC FLOW METERS
TABLE 6 MAGNETIC FLOW METER MARKET, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 7 MAGNETIC FLOW METER MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
6.2.1 BY TYPE
FIGURE 28 IN-LINE MAGNETIC FLOW METERS TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 8 MAGNETIC FLOW METER MARKET, BY TYPE, 2017–2025 (USD MILLION)
6.2.1.1 In-line magnetic flow meters
6.2.1.1.1 In-line magnetic flow meters offer higher accuracy of flow measurement than other types
6.2.1.2 Insertion magnetic flow meters
6.2.1.2.1 Insertion magnetic flow meters are suitable for straight pipes
6.2.1.3 Low-flow magnetic flow meters
6.2.1.3.1 Low-flow magnetic flow meters are suitable for measuring low-flow fluid applications
6.2.2 BY COMPONENT
TABLE 9 MAGNETIC FLOW METER MARKET, BY COMPONENT, 2017–2025 (USD MILLION)
6.2.2.1 Non-magnetic flow tubes
6.2.2.1.1 Non-magnetic flow tube is essential component of magnetic flow meter as it lowers current losses
6.2.2.2 Magnetic coils
6.2.2.2.1 Magnetic coils are placed around pipes enabling accurate operation of magmeters
6.2.2.3 Sensing electrodes
6.2.2.3.1 Sensing electrodes enable precise sensing and measurement of flow rate
6.2.2.4 Transmitters
6.2.2.4.1 Transmitters play vital role in processing signals that determine flow rate of fluids
6.2.3 BY LINER MATERIAL
TABLE 10 MAGNETIC FLOW METER MARKET, BY LINER MATERIAL, 2017–2025 (USD MILLION)
6.2.3.1 Perfluoroalkoxy
6.2.3.1.1 PFA has excellent thermal resistance property
6.2.3.2 Polytetrafluoroethylen
6.2.3.2.1 PTFE liner material is largely used in food & beverages industry
6.2.3.3 Hard rubber
6.2.3.3.1 Hard rubber liners are sensitive to high temperatures
6.2.3.4 Others
TABLE 11 MAGNETIC FLOW METER MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 12 MAGNETIC FLOW METER MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 13 MAGNETIC FLOW METER MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 14 MAGNETIC FLOW METER MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 15 MAGNETIC FLOW METER MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION)
6.3 CORIOLIS
6.3.1 CORIOLIS FLOW METERS ARE MAJOR CHOICE OF CHEMICALS AND OIL & GAS INDUSTRIES
FIGURE 29 HARDWARE SEGMENT OF CORIOLIS FLOW METER MARKET EXPECTED TO CONTRIBUTE LARGEST SHARE IN 2020
TABLE 16 CORIOLIS FLOW METER MARKET, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 17 CORIOLIS FLOW METER MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 18 CORIOLIS FLOW METER MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 19 CORIOLIS FLOW METER MARKET IN NORTH AMERICA, BY COUNTRY 2017–2025 (USD MILLION)
TABLE 20 CORIOLIS FLOW METER MARKET IN EUROPE, BY COUNTRY 2017–2025 (USD MILLION)
TABLE 21 CORIOLIS FLOW METER MARKET IN APAC BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 22 CORIOLIS FLOW METER MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION)
6.4 ULTRASONIC
TABLE 23 ULTRASONIC FLOW METER MARKET, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 24 ULTRASONIC FLOW METER MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
6.4.1 BY TYPE
FIGURE 30 SPOOL PIECE ULTRASONIC FLOW METERS TO HOLD LARGEST MARKET SHARE IN 2025
TABLE 25 ULTRASONIC FLOW METER MARKET, BY TYPE, 2017–2025 (USD MILLION)
6.4.1.1 Spool piece ultrasonic flow meters
6.4.1.1.1 Spool piece flow meters require low maintenance
6.4.1.2 Clamp-on ultrasonic flow meters
6.4.1.2.1 Clamp-on type has effortless installation process
6.4.1.3 Insertion ultrasonic flow meters
6.4.1.3.1 Insertion flow meters are costlier than other types of ultrasonic flow meters
TABLE 26 ULTRASONIC FLOW METER MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 27 ULTRASONIC FLOW METER MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 28 ULTRASONIC FLOW METER MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 29 ULTRASONIC FLOW METER MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 30 ULTRASONIC FLOW METER MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION)
6.5 VORTEX
FIGURE 31 VORTEX FLOW METER MARKET FOR CHEMICALS INDUSTRY TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 31 VORTEX FLOW METER MARKET, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 32 VORTEX FLOW METER MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
6.5.1 BY MOUNTING TYPE
TABLE 33 VORTEX FLOW METER MARKET, BY MOUNTING TYPE, 2017–2025 (USD MILLION)
6.5.1.1 Wafer vortex flow meters
6.5.1.1.1 Wafer vortex flow meters are economic to install
6.5.1.2 Flanged vortex flow meters
6.5.1.2.1 Chemicals and oil & gas industries largely deploy flanged vortex flow meters
6.5.1.3 Insertion vortex flow meters
6.5.1.3.1 Flow measurement in large pipes requires insertion vortex flow meters
TABLE 34 VORTEX FLOW METER MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 35 VORTEX FLOW METER MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 36 VORTEX FLOW METER MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 37 VORTEX FLOW METER MARKET IN APAC, BY COUNTRY 2017–2025 (USD MILLION)
TABLE 38 VORTEX FLOW METER MARKET IN ROW, BY REGION 2017–2025 (USD MILLION)
6.6 MULTIPHASE
6.6.1 MULTIPHASE FLOW METERS HAVE MAJOR APPLICATIONS IN OIL & GAS INDUSTRY
TABLE 39 MULTIPHASE FLOW METER MARKET, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 40 MULTIPHASE FLOW METER MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 41 MULTIPHASE FLOW METER MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 42 MULTIPHASE FLOW METER MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 43 MULTIPHASE FLOW METER MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 44 MULTIPHASE FLOW METER MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 45 MULTIPHASE FLOW METER MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION)
6.7 THERMAL
6.7.1 OIL & GAS INDUSTRY IS MAJOR END USER OF THERMAL FLOW METERS
FIGURE 32 THERMAL FLOW METER MARKET FOR SOFTWARE TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 46 THERMAL FLOW METER MARKET, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 47 THERMAL FLOW METER MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 48 THERMAL FLOW METER MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 49 THERMAL FLOW METER MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 50 THERMAL FLOW METER MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 51 THERMAL FLOW METER MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 52 THERMAL FLOW METER MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION)
6.8 VARIABLE AREA
6.8.1 VARIABLE AREA FLOW METERS ARE MOST SUITABLE FOR WATER & WASTEWATER INDUSTRY DUE TO THEIR SIMPLE CONSTRUCTION
TABLE 53 VARIABLE AREA FLOW METER MARKET, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 54 VARIABLE AREA FLOW METER MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 55 VARIABLE FLOW METER MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 56 VARIABLE FLOW METER MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 57 VARIABLE FLOW METER MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 58 VARIABLE FLOW METER MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 59 VARIABLE FLOW METER MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION)
6.9 DIFFERENTIAL PRESSURE
6.9.1 SIMPLE YET ROBUST CONSTRUCTION OF DIFFERENTIAL PRESSURE FLOW METERS MAKES THEM WIDELY ADOPTED ACROSS INDUSTRIES
TABLE 60 DIFFERENTIAL PRESSURE FLOW METER MARKET, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 61 DIFFERENTIAL PRESSURE FLOW METER MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
FIGURE 33 APAC TO DOMINATE DIFFERENTIAL PRESSURE FLOW METER MARKET DURING FORECAST PERIOD
TABLE 62 DIFFERENTIAL PRESSURE FLOW METER MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 63 DIFFERENTIAL PRESSURE FLOW METER MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 64 DIFFERENTIAL PRESSURE FLOW METER MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 65 DIFFERENTIAL PRESSURE FLOW METER MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 66 DIFFERENTIAL PRESSURE FLOW METER MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION)
6.10 TURBINE
6.10.1 TURBINE FLOW METERS DETERMINE FLOW RATE FROM PULSES GENERATED FROM ROTATING TURBINES
TABLE 67 TURBINE FLOW METER MARKET, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 68 TURBINE FLOW METER MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 69 TURBINE FLOW METER MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 70 TURBINE FLOW METER MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 71 TURBINE FLOW METER MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 72 TURBINE FLOW METER MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 73 TURBINE FLOW METER MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION)
7 INTELLIGENT FLOW METER MARKET, BY OFFERING (Page No. - 99)
7.1 INTRODUCTION
FIGURE 34 MARKET, BY OFFERING
FIGURE 35 HARDWARE SEGMENT TO HOLD LARGEST SHARE OF INTELLIGENT FLOW METER MARKET IN 2020
TABLE 74 MARKET, BY OFFERING, 2017–2025 (USD MILLION)
7.2 HARDWARE
7.2.1 HARDWARE COMPONENTS ARE CORE OF INTELLIGENT FLOW METERS
7.3 SOFTWARE
7.3.1 DATA INTEGRATION, DATA REPORTING, AND ANALYSIS OF PARAMETERS ARE KEY FUNCTIONS OF SOFTWARE
7.4 SERVICES
7.4.1 SOFTWARE INTEGRATION AND INSTALLATION SERVICES ARE MAJOR PART OF MARKET
8 INTELLIGENT FLOW METER MARKET, BY COMMUNICATION PROTOCOL (Page No. - 103)
8.1 INTRODUCTION
FIGURE 36 MARKET, BY COMMUNICATION PROTOCOL
FIGURE 37 PROFIBUS EXPECTED TO HOLD LARGEST SHARE OF MARKET IN 2025
TABLE 75 MARKET, BY COMMUNICATION PROTOCOL, 2017–2025 (USD MILLION)
8.2 PROFIBUS
8.2.1 PROFIBUS ENABLES EFFECTIVE AND RAPID DIGITAL COMMUNICATION
8.3 MODBUS
8.3.1 MODBUS HAS SIMPLE DEPLOYMENT AND MAINTENANCE
8.4 HART
8.4.1 HART ENABLES BI-DIRECTIONAL COMMUNICATION MAKING IT DISTINCTIVE TO USE
8.5 OTHERS
9 INTELLIGENT FLOW METER MARKET, BY INDUSTRY (Page No. - 108)
9.1 INTRODUCTION
FIGURE 38 MARKET, BY INDUSTRY
FIGURE 39 MARKET FOR WATER & WASTEWATER INDUSTRY TO GROW AT HIGHEST CAGR DURING 2020-2025
TABLE 76 MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
9.2 WATER & WASTEWATER
9.2.1 MAGNETIC AND ULTRASONIC FLOW METERS ARE SIGNIFICANTLY USED IN WATER & WASTEWATER INDUSTRY
TABLE 77 INTELLIGENT FLOW METER MARKET FOR WATER & WASTEWATER INDUSTRY, BY TYPE, 2017–2025 (USD MILLION)
TABLE 78 MARKET FOR WATER & WASTEWATER INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
9.3 OIL & GAS
9.3.1 ADOPTION OF INTELLIGENT FLOW METERS IN OIL & GAS INDUSTRY MIGHT BE ADVERSELY IMPACTED BY COVID-19 PANDEMIC
FIGURE 40 OIL & GAS INDUSTRY IN ROW EXPECTED TO CONTRIBUTE LARGEST SHARE OF MARKET IN 2020
TABLE 79 MARKET FOR OIL& GAS INDUSTRY, BY TYPE, 2017–2025 (USD MILLION)
TABLE 80 MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
9.4 CHEMICALS
9.4.1 INTELLIGENT FLOW METERS ENABLE PRECISE FLOW MEASUREMENT OF CHEMICALS UNDER HIGH TEMPERATURE AND PRESSURE
TABLE 81 INTELLIGENT FLOW METER MARKET FOR CHEMICALS INDUSTRY, BY TYPE, 2017–2025 (USD MILLION)
TABLE 82 MARKET FOR CHEMICALS INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
9.5 FOOD & BEVERAGES
9.5.1 MAGNETIC AND CORIOLIS FLOW METERS ARE LARGELY USED IN FOOD & BEVERAGES INDUSTRY
FIGURE 41 MAGNETIC FLOW METER MARKET FOR FOOD & BEVERAGES INDUSTRY EXPECTED TO HOLD LARGEST MARKET SIZE IN 2025
TABLE 83 MARKET FOR FOOD & BEVERAGES INDUSTRY, BY TYPE, 2017–2025 (USD MILLION)
TABLE 84 MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
9.6 PULP & PAPER
9.6.1 MAGNETIC AND CORIOLIS FLOW METERS FACILITATE EXPLICIT FLOW MEASUREMENT OF VISCOUS FLUIDS IN PULP & PAPER INDUSTRY
TABLE 85 INTELLIGENT FLOW METER MARKET FOR PULP & PAPER INDUSTRY, BY TYPE, 2017–2025 (USD MILLION)
TABLE 86 MARKET FOR PULP & PAPER INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
9.7 METALS & MINING
9.7.1 DEPLOYMENT OF INTELLIGENT FLOW METERS IN MINING INDUSTRY EXPECTED TO BE NEGATIVELY IMPACTED DUE TO COVID-19
FIGURE 42 METALS & MINING INDUSTRY IN APAC EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 87 MARKET FOR METALS & MINING INDUSTRY, BY TYPE, 2017–2025 (USD MILLION)
TABLE 88 MARKET FOR METALS & MINING INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
9.8 POWER GENERATION
9.8.1 INTELLIGENT FLOW METERS SUPPORT IN GAINING BETTER OPERATIONAL EFFICIENCY OF POWER PLANTS
TABLE 89 INTELLIGENT FLOW METER MARKET FOR POWER GENERATION INDUSTRY, BY TYPE, 2017–2025 (USD MILLION)
TABLE 90 MARKET FOR POWER GENERATION INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
9.9 PHARMACEUTICALS
9.9.1 PHARMACEUTICALS INDUSTRY HAS REMARKABLE GROWTH PROSPECTS FOR MARKET IN NEAR FUTURE
FIGURE 43 ULTRASONIC FLOW METER MARKET FOR PHARMACEUTICALS INDUSTRY EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 91 INTELLIGENT FLOW METER MARKET FOR PHARMACEUTICALS INDUSTRY, BY TYPE, 2017–2025 (USD MILLION)
TABLE 92 MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
9.10 OTHERS
TABLE 93 MARKET FOR OTHER INDUSTRIES, BY TYPE, 2017–2025 (USD MILLION)
TABLE 94 MARKET FOR OTHER INDUSTRIES, BY REGION, 2017–2025 (USD MILLION)
9.11 MARKET: COVID-19 UPDATES
9.11.1 OVERVIEW
9.11.2 MOST IMPACTED INDUSTRIES USING INTELLIGENT FLOW METERS
9.11.3 LEAST IMPACTED INDUSTRIES USING INTELLIGENT FLOW METERS
10 INTELLIGENT FLOW METER MARKET, BY REGION (Page No. - 127)
10.1 INTRODUCTION
FIGURE 44 GEOGRAPHIC SNAPSHOT: GLOBAL INTELLIGENT FLOW METER MARKET
TABLE 95 MARKET, BY REGION, 2017–2025 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 45 SNAPSHOT: MARKET IN NORTH AMERICA
TABLE 96 MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 97 MARKET IN NORTH AMERICA, BY TYPE, 2017–2025 (USD MILLION)
TABLE 98 MARKET IN NORTH AMERICA, BY INDUSTRY, 2017–2025 (USD MILLION)
10.2.1 US
10.2.1.1 Market in US to be negatively impacted due to COVID-19
10.2.2 CANADA
10.2.2.1 Favorable government regulations and standards driving growth of market in Canada
10.2.3 MEXICO
10.2.3.1 Increasing adoption of industrial automation solutions uplifting market in Mexico
10.3 EUROPE
FIGURE 46 SNAPSHOT: INTELLIGENT FLOW METER MARKET IN EUROPE
TABLE 99 MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 100 MARKET IN EUROPE, BY TYPE, 2017–2025 (USD MILLION)
TABLE 101 MARKET IN EUROPE, BY INDUSTRY, 2017–2025 (USD MILLION)
10.3.1 UK
10.3.1.1 Growing infrastructural activities to support market
10.3.2 GERMANY
10.3.2.1 Deployment of digital technologies in manufacturing and processing plants to propel market growth
10.3.3 FRANCE
10.3.3.1 Focus on technological R&D to fuel market growth
10.3.4 REST OF EUROPE
10.4 APAC
FIGURE 47 SNAPSHOT: MARKET IN APAC
TABLE 102 MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 103 MARKET IN APAC, BY TYPE, 2017–2025 (USD MILLION)
TABLE 104 MARKET IN APAC, BY INDUSTRY, 2017–2025 (USD MILLION)
10.4.1 JAPAN
10.4.1.1 Japan has potential opportunities in water & wastewater industry using intelligent flow meters
10.4.2 SOUTH KOREA
10.4.2.1 South Korea is emerging market for intelligent flow meters having potential opportunities
10.4.3 CHINA
10.4.3.1 Deployment of intelligent flow meters in China expected to be adversely impacted owing to COVID-19
10.4.4 INDIA
10.4.4.1 COVID-19 may hinder growth of intelligent flow meter market in India
10.4.5 REST OF APAC
10.5 ROW
TABLE 105 MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION)
TABLE 106 MARKET IN ROW, BY TYPE, 2017–2025 (USD MILLION)
TABLE 107 MARKET IN ROW, BY INDUSTRY, 2017–2025 (USD MILLION)
10.5.1 MIDDLE EAST & AFRICA
10.5.1.1 Oil & gas industry in Middle East substantially propels growth of intelligent flow meter market
10.5.2 SOUTH AMERICA
10.5.2.1 Investments by Asian economies to drive growth of market
11 COMPETITIVE LANDSCAPE (Page No. - 144)
11.1 OVERVIEW
11.2 COMPETITIVE ANALYSIS
TABLE 108 INTELLIGENT FLOW METER MARKET: MARKET SHARE ANALYSIS (2019)
11.3 COMPETITIVE LEADERSHIP MAPPING, 2019
11.3.1 INTRODUCTION
11.3.1.1 Visionary leaders
11.3.1.2 Dynamic differentiators
11.3.1.3 Innovators
11.3.1.4 Emerging companies
FIGURE 48 INTELLIGENT FLOW METER MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019
11.4 COMPETITIVE SITUATIONS AND TRENDS
11.4.1 PRODUCT LAUNCHES AND PRODUCT DEVELOPMENTS (2019-2020)
11.4.2 COLLABORATIONS AND ACQUISITIONS (2018)
12 COMPANY PROFILES (Page No. - 149)
(Business overview, Products/solutions/services offered, Recent Developments, SWOT Analysis, MNM view)*
12.1 KEY PLAYERS
12.1.1 EMERSON ELECTRIC
FIGURE 49 EMERSON ELECTRIC: COMPANY SNAPSHOT
12.1.2 ENDRESS+HAUSER
FIGURE 50 ENDRESS+HAUSER: COMPANY SNAPSHOT
12.1.3 YOKOGAWA ELECTRIC
FIGURE 51 YOKOGAWA ELECTRIC: COMPANY SNAPSHOT
12.1.4 ABB
FIGURE 52 ABB: COMPANY SNAPSHOT
12.1.5 SIEMENS
FIGURE 53 SIEMENS: COMPANY SNAPSHOT
12.1.6 HONEYWELL INTERNATIONAL
FIGURE 54 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT
12.1.7 AZBIL
FIGURE 55 AZBIL: COMPANY SNAPSHOT
12.1.8 BAKER HUGHES
FIGURE 56 BAKER HUGHES: COMPANY SNAPSHOT
12.1.9 BADGER METER
FIGURE 57 BADGER METER: COMPANY SNAPSHOT
12.1.10 SCHNEIDER ELECTRIC
FIGURE 58 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
12.2 RIGHT-TO-WIN
12.3 OTHER PLAYERS
12.3.1 KROHNE MESSTECHNIK
12.3.2 SIERRA INSTRUMENTS
12.3.3 BROOKS INSTRUMENT
12.3.4 OMEGA ENGINEERING
12.3.5 FUJI ELECTRIC
12.3.6 PROTEUS INDUSTRIES
12.3.7 BRONKHORST
12.3.8 ONICON
12.3.9 LITRE METER
12.3.10 KATRONIC
*Details on Business overview, Products/solutions/services offered, Recent Developments, SWOT Analysis, MNM view might not be captured in case of unlisted companies.
13 APPENDIX (Page No. - 180)
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
The study involves four major activities for estimating the size of the intelligent flow meter market. Exhaustive secondary research has been conducted to collect information related to the market. The next step has been the validation of these findings, assumptions, and sizing with the industry experts across the value chain through primary research. Both top-down and bottom-up approaches have been employed to estimate the overall size of the intelligent flow meter market. After that, market breakdown and data triangulation procedures have been used to determine the extent of different segments and subsegments of the market.
Secondary Research
Secondary sources referred to in this research study include corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers, certified publications, articles from recognized authors; directories; and databases. The secondary data has been collected and analyzed to arrive at the overall market size estimations, which has been further validated by primary research.
Primary Research
In the primary research process, a number of primary sources from both supply and demand sides have been interviewed to obtain the qualitative and quantitative information pertaining to this report. Several primary interviews have been conducted with market experts from both demand (agriculture and construction companies) and supply sides (intelligent flow meter manufacturers and distributors). This primary data has been collected through questionnaires, emails, and telephonic interviews. Approximately 20% of the primary interviews have been conducted with the demand side and 80% with the supply side. This primary data has been collected mainly through telephonic interviews, which accounted for 80% of the total primary interviews. Additionally, questionnaires and emails were used to collect the data.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches have been implemented, along with several data triangulation methods, to estimate and validate the size of the intelligent flow meter market and other dependent submarkets listed in this report.
- The key players in the industry and markets have been identified through extensive secondary research.
- Both the supply chain of the industry and the market size, in terms of value, have been determined through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size, the total market has been split into several segments. To complete the overall market engineering process and arrive at exact statistics for all segments, the market breakdown and data triangulation procedures have been employed wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Study Objectives:
- To define, describe, and forecast the intelligent flow meter market based on type, offering, communication protocol, and industry
- To forecast the market size, in terms of value, for various segments with respect to 4 main regions— North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW), along with their respective key countries
- To provide detailed information regarding the key factors such as drivers, restraints, opportunities, and challenges influencing the growth of the intelligent flow meter market
- To provide the impact analysis of the market dynamics with factors currently driving and restraining the growth of the market and opportunities and threats for the same
- To study and analyze the influence of COVID-19 on the intelligent flow meter market during the forecast period
- To strategically analyze the micromarkets with respect to the individual growth trends, future prospects, and contribution to the total market
- To analyze opportunities in the market for various stakeholders by identifying the high-growth segments of the intelligent flow meter market
- To strategically profile the key players and comprehensively analyze their market shares and core competencies, along with the detailed competitive landscape for the market leaders
- To analyze various competitive developments such as product launches, product developments, collaborations, and acquisitions in the intelligent flow meter market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the company's specific needs. The following customization options are available for this report:
- Company Information: Detailed analysis and profiling of additional five market players
Growth opportunities and latent adjacency in Intelligent Flow Meter Market