Market Overview:
The global vortex flow meters market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for vortex flow meters in oil & gas, chemicals, power generation, pulp & paper, food & beverages and other industries. In terms of type, the inline vortex flow meters segment is expected to hold the largest share of the global vortex flow meters market during the forecast period. This can be attributed to its wide adoption in various industries owing to its features such as low installation and maintenance cost and high accuracy.
Product Definition:
Vortex flow meters are devices used to measure the volumetric flow rate of a fluid passing through a pipe. The volumetric flow rate is determined by measuring the time it takes for a known volume of fluid to pass through the meter. Vortex meters use an impeller that rotates at high speed in order to generate vortices in the flowing fluid. The vortices cause pressure fluctuations that can be measured and converted into a volumetric flow rate. Vortex meters are often used to measure the volumetric flow rates of gases and liquids, including water, oil, natural gas, and air.
Inline Vortex Flow Meters:
Inline Vortex Flow Meters is a device used to measure the flow rate of liquids and gases in pipelines. It consists of an orifice plate, which creates a vacuum around it and measures the velocity at which the fluid passes through this orifice. The principle on which it operates is similar to that of a smoke stack; as air goes through the pipe, it leaves particles behind.
Insertion Vortex Flow Meters:
The insertion Vortex flow meters are used to measure the rate of liquid or a gas being introduced into a container. It is usually used in industries such as chemical, petrochemical, pharmaceuticals and food & beverage for measuring the flow of liquids and gases into containers.
These meters are also known as sparging instruments or jet pumps because they use spinning impellers to introduce liquids or gases into containers at high velocity.
Application Insights:
The oil & gas application segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The increasing need for monitoring and controlling of processes such as upstream, mid-stream, and downstream operations has led to an increased demand for flow meters in this industry. In addition, stringent regulations on water discharge from oil refineries are expected to drive product demand over the next seven years.
The power generation application segment is also anticipated to witness significant growth during the forecast period owing to rising energy needs across various regions including Asia Pacific and Middle East Africa. Flow meters are used in coal conveyors at power plants that burn coal efficiently so that excess moisture can be removed from it before it enters into a turbine or goes into a boiler system where electricity production occurs.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of chemical and petrochemical plants, which require high-quality gases for industrial operations. The region is expected to maintain its dominance over the forecast period. Europe accounted for a significant share in terms of revenue due to increasing demand from oil & gas, power generation, and chemicals sectors.
The European Union (EU) has made it mandatory for all new power generation projects using coal or other fossil fuels as feedstock between 2014 and 2019. This initiative is projected to increase awareness regarding carbon emissions associated with various fuel sources used by industries across Europe; this factor is anticipated to propel product demand over the forecast period.
Growth Factors:
- Increasing demand for energy efficient flow meters in various industries
- Rising awareness about the benefits of using vortex flow meters over traditional flow meters
- Growing popularity of smart Vortex Flow Meters with advanced features and capabilities
- Proliferation of micro-vortex sensors that can be used in miniaturized applications
- Increasing demand for intelligent Vortex Flow Meters for process automation
Scope Of The Report
Report Attributes
Report Details
Report Title
Vortex Flow Meters Market Research Report
By Type
Inline Vortex Flow Meters, Insertion Vortex Flow Meters, Massflow Vortex Flow Meters
By Application
Oil & Gas, Chemicals, Power Generation, Pulp & Paper, Food & Beverages, Others
By Companies
Honeywell, Siemens, Emerson Electric, ABB, Yokogawa Electric, Azbil, Badger Meter, Endress Hauser, Krohne Messtechnik, Schneider Electric, Honeywell
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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Vortex Flow Meters Market Report Segments:
The global Vortex Flow Meters market is segmented on the basis of:
Types
Inline Vortex Flow Meters, Insertion Vortex Flow Meters, Massflow Vortex Flow Meters
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 & Gas, Chemicals, Power Generation, Pulp & Paper, Food & Beverages, 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:
- Honeywell
- Siemens
- Emerson Electric
- ABB
- Yokogawa Electric
- Azbil
- Badger Meter
- Endress Hauser
- Krohne Messtechnik
- Schneider Electric
- Honeywell
Highlights of The Vortex Flow Meters 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:
- Inline Vortex Flow Meters
- Insertion Vortex Flow Meters
- Massflow Vortex Flow Meters
- By Application:
- Oil & Gas
- Chemicals
- Power Generation
- Pulp & Paper
- Food & Beverages
- 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 Vortex Flow Meters 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?
A vortex flow meter is a device used to measure the velocity and direction of fluid flow in pipes, ducts, and other channels.
Some of the major players in the vortex flow meters market are Honeywell, Siemens, Emerson Electric, ABB, Yokogawa Electric, Azbil, Badger Meter, Endress Hauser, Krohne Messtechnik, Schneider Electric, Honeywell.
The vortex flow meters 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 Vortex Flow Meters 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 Vortex Flow Meters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vortex Flow Meters 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 Vortex Flow Meters 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 Vortex Flow Meters Market Size & Forecast, 2020-2028
4.5.1 Vortex Flow Meters Market Size and Y-o-Y Growth
4.5.2 Vortex Flow Meters 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 Inline Vortex Flow Meters
5.2.2 Insertion Vortex Flow Meters
5.2.3 Massflow Vortex Flow Meters
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 & Gas
6.2.2 Chemicals
6.2.3 Power Generation
6.2.4 Pulp & Paper
6.2.5 Food & Beverages
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vortex Flow Meters 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 Vortex Flow Meters 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 Inline Vortex Flow Meters
9.6.2 Insertion Vortex Flow Meters
9.6.3 Massflow Vortex Flow Meters
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 & Gas
9.10.2 Chemicals
9.10.3 Power Generation
9.10.4 Pulp & Paper
9.10.5 Food & Beverages
9.10.6 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 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 Inline Vortex Flow Meters
10.6.2 Insertion Vortex Flow Meters
10.6.3 Massflow Vortex Flow Meters
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 & Gas
10.10.2 Chemicals
10.10.3 Power Generation
10.10.4 Pulp & Paper
10.10.5 Food & Beverages
10.10.6 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 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 Inline Vortex Flow Meters
11.6.2 Insertion Vortex Flow Meters
11.6.3 Massflow Vortex Flow Meters
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 & Gas
11.10.2 Chemicals
11.10.3 Power Generation
11.10.4 Pulp & Paper
11.10.5 Food & Beverages
11.10.6 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 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 Inline Vortex Flow Meters
12.6.2 Insertion Vortex Flow Meters
12.6.3 Massflow Vortex Flow Meters
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 & Gas
12.10.2 Chemicals
12.10.3 Power Generation
12.10.4 Pulp & Paper
12.10.5 Food & Beverages
12.10.6 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) 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 Inline Vortex Flow Meters
13.6.2 Insertion Vortex Flow Meters
13.6.3 Massflow Vortex Flow Meters
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 & Gas
13.10.2 Chemicals
13.10.3 Power Generation
13.10.4 Pulp & Paper
13.10.5 Food & Beverages
13.10.6 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 Vortex Flow Meters Market: Competitive Dashboard
14.2 Global Vortex Flow Meters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Siemens
14.3.3 Emerson Electric
14.3.4 ABB
14.3.5 Yokogawa Electric
14.3.6 Azbil
14.3.7 Badger Meter
14.3.8 Endress Hauser
14.3.9 Krohne Messtechnik
14.3.10 Schneider Electric
14.3.11 Honeywell
