Market Overview:
The global Verabar flowmeters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for Verabar flowmeters in various applications such as power plants, petrochemicals, metallurgy, water treatment, fine chemicals and environmental protection among others. Additionally, the growing demand for energy-efficient and reliable flow measurement devices is also propelling the growth of this market.
Product Definition:
A Verabar flowmeter is a device used to measure the rate of fluid flow in a pipe. The device uses the principle of Bernoulli's equation to calculate the flow rate. The importance of Verabar Flowmeters is that they are highly accurate and can be used to measure both liquid and gas flows.
Threaded Models:
The global threaded models market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing demand for process automation in industries such as power generation, oil & gas, chemicals, food processing and beverage among others.
Increasing adoption of industrial robots coupled with favorable government regulations pertaining to labor safety is anticipated to drive industry growth over the forecast period.
Flanged Models:
Flanged models are used to measure the flow rate of liquids and slurries in pipes or vessels. They are also used for measuring the flow rate of gases in ducts or tubes. Flanged models have a U-shaped metal flange attached to a long stem which is inserted into the pipe. The other end of this stem has an open valve which allows fluid to pass through while restricting air and particles from entering into the system.
Application Insights:
Petrochemicals, metallurgy, power plants and other applications are the key segments driving the global verabar flowmeters market. Petrochemicals is expected to be one of the fastest-growing application areas over the forecast period. The growth can be attributed to factors such as increasing demand for gasoline and diesel from automobiles in various parts of the world coupled with growing investments in developing petroleum resources.
Power plants application segment accounted for a significant share in 2017 owing to factors such as stringent government regulations regarding energy conservation along with an increase in installed capacity across several countries including China, India, South Korea and Japan over recent years. Moreover, technological advancements coupled with Verameter¢â‚¬â„¢s product innovation are further expected to propel industry growth over next eight years or so.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth of this region can be attributed to increasing government initiatives and programs in developing economies, such as India and China. For instance, in April 2017, China implemented a new policy for power generation with an aim to reduce carbon emissions by 2030. This initiative is likely to have a positive impact on global verabar flowmeters market demand over the next eight years.
In terms of revenue share, North America held approximately 35% of market share in 2016 owing to high product penetration from major manufacturers including Emerson Electric Co., Johnson Controls Inc., and Honeywell International Inc.; among others. Increasing focus on energy conservation has resulted in increased adoption of these devices across end-use industries such as industrial manufacturing facilities; municipal & environmental protection agencies; water treatment plants; power plants; petrochemical complexes etc.
Growth Factors:
- Increasing demand for flowmeters from oil and gas industry
- Rising demand for flowmeters in water and wastewater management
- Growing popularity of smart meters and digitalization of utilities sector
- Proliferation of micro-fluidic devices and nanotechnology-based sensors
- Emergence of the Industrial Internet of Things (IIoT)
Scope Of The Report
Report Attributes
Report Details
Report Title
Verabar Flowmeters Market Research Report
By Type
Threaded Models, Flanged Models, Others
By Application
Power Plants, Petrochemicals, Metallurgy, Water Treatment, Fine Chemicals, Environmental Protection, Others
By Companies
Armstrong, Sino-Inst, Yokogawa, SUYI GROUP, ABLE
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Verabar Flowmeters Market Report Segments:
The global Verabar Flowmeters market is segmented on the basis of:
Types
Threaded Models, Flanged Models, Others
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
Power Plants, Petrochemicals, Metallurgy, Water Treatment, Fine Chemicals, Environmental Protection, Others
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:
- Armstrong
- Sino-Inst
- Yokogawa
- SUYI GROUP
- ABLE
Highlights of The Verabar 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:
- Threaded Models
- Flanged Models
- Others
- By Application:
- Power Plants
- Petrochemicals
- Metallurgy
- Water Treatment
- Fine Chemicals
- Environmental Protection
- Others
- 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 Verabar 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.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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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?
Verabar Flowmeters are a type of flowmeter that measure the flow rate of liquids or gas. They are often used in industrial settings to monitor the flow of fluids.
Some of the key players operating in the verabar flowmeters market are Armstrong, Sino-Inst, Yokogawa, SUYI GROUP, ABLE.
The verabar flowmeters market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Verabar 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 Verabar Flowmeters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Verabar 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 Verabar 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 Verabar Flowmeters Market Size & Forecast, 2018-2028
4.5.1 Verabar Flowmeters Market Size and Y-o-Y Growth
4.5.2 Verabar Flowmeters Market Absolute $ Opportunity
Chapter 5 Global Verabar Flowmeters 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 Verabar Flowmeters Market Size Forecast by Type
5.2.1 Threaded Models
5.2.2 Flanged Models
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Verabar Flowmeters 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 Verabar Flowmeters Market Size Forecast by Applications
6.2.1 Power Plants
6.2.2 Petrochemicals
6.2.3 Metallurgy
6.2.4 Water Treatment
6.2.5 Fine Chemicals
6.2.6 Environmental Protection
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Verabar 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 Verabar 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 Verabar Flowmeters Analysis and Forecast
9.1 Introduction
9.2 North America Verabar Flowmeters 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 Verabar Flowmeters Market Size Forecast by Type
9.6.1 Threaded Models
9.6.2 Flanged Models
9.6.3 Others
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 Verabar Flowmeters Market Size Forecast by Applications
9.10.1 Power Plants
9.10.2 Petrochemicals
9.10.3 Metallurgy
9.10.4 Water Treatment
9.10.5 Fine Chemicals
9.10.6 Environmental Protection
9.10.7 Others
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 Verabar Flowmeters Analysis and Forecast
10.1 Introduction
10.2 Europe Verabar Flowmeters 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 Verabar Flowmeters Market Size Forecast by Type
10.6.1 Threaded Models
10.6.2 Flanged Models
10.6.3 Others
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 Verabar Flowmeters Market Size Forecast by Applications
10.10.1 Power Plants
10.10.2 Petrochemicals
10.10.3 Metallurgy
10.10.4 Water Treatment
10.10.5 Fine Chemicals
10.10.6 Environmental Protection
10.10.7 Others
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 Verabar Flowmeters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Verabar Flowmeters 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 Verabar Flowmeters Market Size Forecast by Type
11.6.1 Threaded Models
11.6.2 Flanged Models
11.6.3 Others
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 Verabar Flowmeters Market Size Forecast by Applications
11.10.1 Power Plants
11.10.2 Petrochemicals
11.10.3 Metallurgy
11.10.4 Water Treatment
11.10.5 Fine Chemicals
11.10.6 Environmental Protection
11.10.7 Others
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 Verabar Flowmeters Analysis and Forecast
12.1 Introduction
12.2 Latin America Verabar Flowmeters 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 Verabar Flowmeters Market Size Forecast by Type
12.6.1 Threaded Models
12.6.2 Flanged Models
12.6.3 Others
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 Verabar Flowmeters Market Size Forecast by Applications
12.10.1 Power Plants
12.10.2 Petrochemicals
12.10.3 Metallurgy
12.10.4 Water Treatment
12.10.5 Fine Chemicals
12.10.6 Environmental Protection
12.10.7 Others
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) Verabar Flowmeters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Verabar Flowmeters 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) Verabar Flowmeters Market Size Forecast by Type
13.6.1 Threaded Models
13.6.2 Flanged Models
13.6.3 Others
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) Verabar Flowmeters Market Size Forecast by Applications
13.10.1 Power Plants
13.10.2 Petrochemicals
13.10.3 Metallurgy
13.10.4 Water Treatment
13.10.5 Fine Chemicals
13.10.6 Environmental Protection
13.10.7 Others
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 Verabar Flowmeters Market: Competitive Dashboard
14.2 Global Verabar Flowmeters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Armstrong
14.3.2 Sino-Inst
14.3.3 Yokogawa
14.3.4 SUYI GROUP
14.3.5 ABLE
