Market Overview:
The global flow sensors market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for flow sensors in oil and gas, water and wastewater treatment, chemical and petrochemical, food and beverage, pulp and paper, automotive, and other applications. In terms of type, the turbine flow sensor segment is expected to lead the global flow sensors market during the forecast period. This can be attributed to its high accuracy levels as well as its ability to measure low-flow rates accurately.
Product Definition:
Flow sensors are devices used to measure the flow rate of a fluid. This information can be used to control processes such as water distribution, or chemical manufacturing. Flow sensors are important because they allow for precise control over these types of processes.
Turbine Flow Sensor:
The turbine flow sensor is a device used to measure the flow rate of liquids and gases. It is widely used in industrial applications such as process instrumentation, chemical plants, paper mills, cement plants and refineries among others. The increasing need for energy has led to an increase in the number of power generation projects globally which has further increased the demand for turbines.
Electromagnetic Flow Sensor:
Electromagnetic flow sensors are used to measure the velocity of moving particles and fluids. These sensors are widely used in industries such as pulp & paper, food processing, mining, petrochemical and pharmaceuticals for various applications such as upstream process monitoring and downstream process control.
The electromagnetic flow sensor market is expected to witness significant growth over the forecast period owing to its ability to provide accurate measurement of fluid velocity even at high speeds with low maintenance.
Application Insights:
The oil and gas application segment accounted for the largest revenue share in 2016. Increasing exploration activities for shale gas, tight oil and coal bed methane have led to an increase in the number of flow sensors used in this sector. The water and wastewater treatment application segment is expected to grow at a significant rate over the forecast period owing to increasing urbanization, industrial development, population growth along with rising demand for clean water supply systems.
Chemical and petrochemical are estimated to be among fastest-growing applications over the forecast period owing to factors such as technological advancements coupled with growing demand from end-use industries such as pharmaceuticals, food processing plants along with other chemical sectors such as paints & coatings which utilize these products directly or indirectly during their production process. Flow sensors provide reliable solutions that ensure safe operations within demanding environments while reducing energy costs by monitoring operating conditions more precisely than can be done by human senses alone.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major industry participants and well-established oil and gas, chemical and petrochemical, food and beverage, power generation, water treatment industries. The region is expected to maintain its dominance over the forecast period as a result of increasing demand for energy production along with growing environmental regulations.
The Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid industrialization coupled with rising government spending on infrastructure development in countries such as China and India. In addition, favorable government policies aimed at promoting foreign direct investments are also likely to boost regional flow sensor demand over the next eight years.
Growth Factors:
- Increasing demand for flow sensors in the automotive industry for fuel injection and air-conditioning systems
- Growing demand from the medical sector for flow sensors in blood pressure monitors, infusion pumps, and other medical devices
- Rising popularity of wearable technology that employs flow sensors to track heart rate, breathing patterns, and other vital signs
- Proliferation of smart homes and buildings that use flow sensors to optimize energy consumption
- Increased adoption of industrial Internet of Things (IIoT) solutions that rely on flow sensors to monitor process efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Flow Sensors Market Research Report
By Type
Turbine Flow Sensor, Electromagnetic Flow Sensor, Thermal Mass Flow Sensor, Vertex Flow Sensor, Other
By Application
Oil and Gas, Water and Wastewater Treatment, Chemical and Petrochemical, Food and Beverage, Pulp and Paper, Automotive, Other
By Companies
Emerson Electric, Honeywell International, ABB, Siemens, GE, Yokogawa Electric, Endress+Hauser, Krohne Group, Brabender Technologies, Malema Engineering, Emerson Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Flow Sensors Market Report Segments:
The global Flow Sensors market is segmented on the basis of:
Types
Turbine Flow Sensor, Electromagnetic Flow Sensor, Thermal Mass Flow Sensor, Vertex Flow Sensor, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Gas, Water and Wastewater Treatment, Chemical and Petrochemical, Food and Beverage, Pulp and Paper, Automotive, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Emerson Electric
- Honeywell International
- ABB
- Siemens
- GE
- Yokogawa Electric
- Endress+Hauser
- Krohne Group
- Brabender Technologies
- Malema Engineering
- Emerson Electric
Highlights of The Flow Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Turbine Flow Sensor
- Electromagnetic Flow Sensor
- Thermal Mass Flow Sensor
- Vertex Flow Sensor
- Other
- By Application:
- Oil and Gas
- Water and Wastewater Treatment
- Chemical and Petrochemical
- Food and Beverage
- Pulp and Paper
- Automotive
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flow Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flow sensors are used to measure the flow of a liquid or gas. They can be used in industrial applications, such as water treatment and oil production, or in environmental monitoring, such as air quality and water quality.
Some of the major companies in the flow sensors market are Emerson Electric, Honeywell International, ABB, Siemens, GE, Yokogawa Electric, Endress+Hauser, Krohne Group, Brabender Technologies, Malema Engineering, Emerson Electric.
The flow sensors market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flow Sensors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flow Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flow Sensors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flow Sensors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flow Sensors Market Size & Forecast, 2020-2028
4.5.1 Flow Sensors Market Size and Y-o-Y Growth
4.5.2 Flow Sensors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Turbine Flow Sensor
5.2.2 Electromagnetic Flow Sensor
5.2.3 Thermal Mass Flow Sensor
5.2.4 Vertex Flow Sensor
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Water and Wastewater Treatment
6.2.3 Chemical and Petrochemical
6.2.4 Food and Beverage
6.2.5 Pulp and Paper
6.2.6 Automotive
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flow Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flow Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Turbine Flow Sensor
9.6.2 Electromagnetic Flow Sensor
9.6.3 Thermal Mass Flow Sensor
9.6.4 Vertex Flow Sensor
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Water and Wastewater Treatment
9.10.3 Chemical and Petrochemical
9.10.4 Food and Beverage
9.10.5 Pulp and Paper
9.10.6 Automotive
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Turbine Flow Sensor
10.6.2 Electromagnetic Flow Sensor
10.6.3 Thermal Mass Flow Sensor
10.6.4 Vertex Flow Sensor
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Water and Wastewater Treatment
10.10.3 Chemical and Petrochemical
10.10.4 Food and Beverage
10.10.5 Pulp and Paper
10.10.6 Automotive
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Turbine Flow Sensor
11.6.2 Electromagnetic Flow Sensor
11.6.3 Thermal Mass Flow Sensor
11.6.4 Vertex Flow Sensor
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Water and Wastewater Treatment
11.10.3 Chemical and Petrochemical
11.10.4 Food and Beverage
11.10.5 Pulp and Paper
11.10.6 Automotive
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Turbine Flow Sensor
12.6.2 Electromagnetic Flow Sensor
12.6.3 Thermal Mass Flow Sensor
12.6.4 Vertex Flow Sensor
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Water and Wastewater Treatment
12.10.3 Chemical and Petrochemical
12.10.4 Food and Beverage
12.10.5 Pulp and Paper
12.10.6 Automotive
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Turbine Flow Sensor
13.6.2 Electromagnetic Flow Sensor
13.6.3 Thermal Mass Flow Sensor
13.6.4 Vertex Flow Sensor
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Water and Wastewater Treatment
13.10.3 Chemical and Petrochemical
13.10.4 Food and Beverage
13.10.5 Pulp and Paper
13.10.6 Automotive
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flow Sensors Market: Competitive Dashboard
14.2 Global Flow Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson Electric
14.3.2 Honeywell International
14.3.3 ABB
14.3.4 Siemens
14.3.5 GE
14.3.6 Yokogawa Electric
14.3.7 Endress+Hauser
14.3.8 Krohne Group
14.3.9 Brabender Technologies
14.3.10 Malema Engineering
14.3.11 Emerson Electric
