Market Overview:
The global intelligent flowmeters market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for energy and the need for efficient and accurate flow measurement across various industries. Differential pressure flow meters are expected to hold the largest share of the market in 2018, owing to their wide adoption in water & wastewater, oil & gas, food and beverages, and chemicals applications. Ultrasonic flowmeters are projected to grow at the highest CAGR during the forecast period due to their high accuracy and ability to measure flows in both liquids and gases.
Product Definition:
An intelligent flowmeter is a device used to measure the rate of fluid flow in a pipeline. It can be used to measure the volumetric or mass flow rate of the fluid. The device uses sensors to detect the presence and movement of fluid in the pipeline. The information is then processed by an electronic controller, which calculates and displays the flow rate.
Differential Pressure Flow Meter:
Differential pressure flow meter is a device used to measure the rate of fluid movement through a pipeline. It works on the principle of difference in pressure between upstream and downstream side of an orifice plate. The differential pressure is generated between two sides of an orifice by fluids moving in different directions which creates a vacuum between them, this vacuum acts as aZero Pressure Centre (ZPC).
Magnetic Flowmeter:
Magnetic flowmeter is a device used to measure the volume or capacity of liquid, powder, or slurries passing through a pipe. It utilizes magnetic field for measuring the quantity of material and it’s directionality can be changed by changing the shape of magnet. The change in shape changes its polarity and permeability which enables it to measure liquids with different viscosities.
Application Insights:
The water and wastewater application segment accounted for the largest revenue share in 2017. This is attributed to the extensive use of differential pressure flowmeters in this application as they are considered to be one of the most accurate and reliable technologies. Also, these devices help reduce capital and operating costs, offer high resolution, exhibit long-term stability with low maintenance requirements, have few moving parts making them more reliable than other technologies.
The oil & gas industry is also anticipated to witness significant growth over the forecast period owing to rising exploration activities coupled with an increasing number of production & refining facilities worldwide.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to the presence of numerous key players in this region, along with increased government spending on research and development activities. Moreover, increasing demand for clean water owing to growing population has led to an increase in investments by various governments for improvement of water infrastructure. This factor is also expected to drive regional intelligent flowmeters market over the forecast period.
In Europe, countries such as Germany and France are anticipated to drive product demand owing high consumption of energy-efficient products used for industrial applications such as power generation and manufacturing industries including food and beverages sector among others.
Asia Pacific accounted for a revenue share of more than 25% in 2017 owing high consumption rates from developing countries such China.
Growth Factors:
- Increasing demand for energy efficient and smart devices
- Rising need to monitor and control the flow of fluids in industries
- Growing popularity of IoT-based solutions for process automation
- Proliferation of data analytics across various industrial sectors
- Emergence of new applications for intelligent flowmeters
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Flowmeters Market Research Report
By Type
Differential Pressure Flow Meter, Magnetic Flowmeter, Vortex Flowmeter, Ultrasonic Flowmeter, Other
By Application
Water & Wastewater, Oil & Gas, Food and Beverages, Chemicals, Power Generation, Metals & Mining, Pulp & Paper, Pharmaceuticals, Other
By Companies
ABB, Siemens, Yokogawa Electric, Emerson Elecric, Endress+Hauser, General Electric, Honeywell, Krohne Messtechnik, Brooks Instruments, Azbil Corporation, ABB
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Flowmeters Market Report Segments:
The global Intelligent Flowmeters market is segmented on the basis of:
Types
Differential Pressure Flow Meter, Magnetic Flowmeter, Vortex Flowmeter, Ultrasonic Flowmeter, 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
Water & Wastewater, Oil & Gas, Food and Beverages, Chemicals, Power Generation, Metals & Mining, Pulp & Paper, Pharmaceuticals, 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:
- ABB
- Siemens
- Yokogawa Electric
- Emerson Elecric
- Endress+Hauser
- General Electric
- Honeywell
- Krohne Messtechnik
- Brooks Instruments
- Azbil Corporation
- ABB
Highlights of The Intelligent Flowmeters 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:
- Differential Pressure Flow Meter
- Magnetic Flowmeter
- Vortex Flowmeter
- Ultrasonic Flowmeter
- Other
- By Application:
- Water & Wastewater
- Oil & Gas
- Food and Beverages
- Chemicals
- Power Generation
- Metals & Mining
- Pulp & Paper
- Pharmaceuticals
- 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 Intelligent Flowmeters 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?
Intelligent Flowmeters are a type of flowmeter that can automatically detect and record the flow rate of fluid through a pipeline. This information is then used to calculate the amount of fluid flowing through the pipeline, and can be used to monitor or control the flow rate.
Some of the major players in the intelligent flowmeters market are ABB, Siemens, Yokogawa Electric, Emerson Elecric, Endress+Hauser, General Electric, Honeywell, Krohne Messtechnik, Brooks Instruments, Azbil Corporation, ABB.
The intelligent flowmeters market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intelligent Flowmeters 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 Intelligent Flowmeters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intelligent Flowmeters 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 Intelligent Flowmeters 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 Intelligent Flowmeters Market Size & Forecast, 2020-2028
4.5.1 Intelligent Flowmeters Market Size and Y-o-Y Growth
4.5.2 Intelligent Flowmeters 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 Differential Pressure Flow Meter
5.2.2 Magnetic Flowmeter
5.2.3 Vortex Flowmeter
5.2.4 Ultrasonic Flowmeter
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 Water & Wastewater
6.2.2 Oil & Gas
6.2.3 Food and Beverages
6.2.4 Chemicals
6.2.5 Power Generation
6.2.6 Metals & Mining
6.2.7 Pulp & Paper
6.2.8 Pharmaceuticals
6.2.9 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intelligent Flowmeters 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 Intelligent Flowmeters 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 Differential Pressure Flow Meter
9.6.2 Magnetic Flowmeter
9.6.3 Vortex Flowmeter
9.6.4 Ultrasonic Flowmeter
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 Water & Wastewater
9.10.2 Oil & Gas
9.10.3 Food and Beverages
9.10.4 Chemicals
9.10.5 Power Generation
9.10.6 Metals & Mining
9.10.7 Pulp & Paper
9.10.8 Pharmaceuticals
9.10.9 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 Differential Pressure Flow Meter
10.6.2 Magnetic Flowmeter
10.6.3 Vortex Flowmeter
10.6.4 Ultrasonic Flowmeter
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 Water & Wastewater
10.10.2 Oil & Gas
10.10.3 Food and Beverages
10.10.4 Chemicals
10.10.5 Power Generation
10.10.6 Metals & Mining
10.10.7 Pulp & Paper
10.10.8 Pharmaceuticals
10.10.9 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 Differential Pressure Flow Meter
11.6.2 Magnetic Flowmeter
11.6.3 Vortex Flowmeter
11.6.4 Ultrasonic Flowmeter
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 Water & Wastewater
11.10.2 Oil & Gas
11.10.3 Food and Beverages
11.10.4 Chemicals
11.10.5 Power Generation
11.10.6 Metals & Mining
11.10.7 Pulp & Paper
11.10.8 Pharmaceuticals
11.10.9 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 Differential Pressure Flow Meter
12.6.2 Magnetic Flowmeter
12.6.3 Vortex Flowmeter
12.6.4 Ultrasonic Flowmeter
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 Water & Wastewater
12.10.2 Oil & Gas
12.10.3 Food and Beverages
12.10.4 Chemicals
12.10.5 Power Generation
12.10.6 Metals & Mining
12.10.7 Pulp & Paper
12.10.8 Pharmaceuticals
12.10.9 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 Differential Pressure Flow Meter
13.6.2 Magnetic Flowmeter
13.6.3 Vortex Flowmeter
13.6.4 Ultrasonic Flowmeter
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 Water & Wastewater
13.10.2 Oil & Gas
13.10.3 Food and Beverages
13.10.4 Chemicals
13.10.5 Power Generation
13.10.6 Metals & Mining
13.10.7 Pulp & Paper
13.10.8 Pharmaceuticals
13.10.9 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 Intelligent Flowmeters Market: Competitive Dashboard
14.2 Global Intelligent Flowmeters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Siemens
14.3.3 Yokogawa Electric
14.3.4 Emerson Elecric
14.3.5 Endress+Hauser
14.3.6 General Electric
14.3.7 Honeywell
14.3.8 Krohne Messtechnik
14.3.9 Brooks Instruments
14.3.10 Azbil Corporation
14.3.11 ABB
