The global mechanical flowmeters market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for accurate and reliable flow measurement in various industries such as water treatment, oil and gas, chemical industry, etc The major factors driving the growth of this market are increasing demand for accurate and reliable flow measurement in various industries such as water treatment, oil and gas, chemical industry; growing need for automation in various industries; technological advancements in mechanical flowmeters; and high cost associated with electronic sensors. However, lack of awareness about benefits offered by mechanical meters may restrain the growth of this market during the forecast period.
The global vortex shedding flowmeter segment is expected to grow at a CAGR of 5% during the forecast period due to its low cost compared with other types of meters such as vane/piston or paddlewheel meters which are more expensive than vortex shedding meters but offer better accuracy than them. Vortex shedding meter is also easy to install which makes it popular among end users who do not have technical knowledge about installation process or equipment required for installation process like vane/piston or paddlewheel meter which require more time for installation process due to their complexity level.
Some Of The Growth Factors Of This Market:
- The increasing demand for natural gas and oil is driving the growth of the market.
- The need to reduce emissions from power plants is also driving the growth of this market.
- The increasing demand for renewable energy sources such as solar and wind power is also driving the growth of this market.
- Increasing investments in infrastructure projects are also driving the growth of this market, as they require a lot of mechanical flowmeters to measure flow rates accurately and reliably in order to avoid any accidents or disasters that may occur during construction or operation phases due to inaccurate measurements by other types of flowmeters such as weirs, flumes, or turbine meters which are not accurate enough for these purposes because they do not measure volumetric flow rates but rather mass flows which can be different from volumetric flows depending on density differences between fluids being measured by these types of meters; therefore, mechanical meters are more accurate than other types when measuring volumetric flows because they measure volume directly without any conversion factors involved; moreover, mechanical meters have a higher accuracy than other types when measuring low-flow rates (less than 10 liters per second) which cannot be measured accurately with other types due to their inherent limitations such as minimum measurable volume (10 liters per second), maximum measurable volume (100 liters per second), etc; finally, mechanical meters have a lower cost than other types when measuring low-flow rates because they do not require expensive sensors like ultrasonic sensors that can only be used at high-flow rates (>10 liters per second).
- Increasing environmental awareness among consumers has led them to prefer products with less impact on nature and society; therefore, manufacturers have been investing in research and development activities aimed at reducing emissions from power plants through new technologies that use less fuel while maintaining high efficiency levels.
Industry Growth Insights published a new data on “Mechanical Flowmeters Market”. The research report is titled “Mechanical Flowmeters Market research by Types (Vortex Shedding Flowmeter, Vane/Piston Flowmeter, Paddlewheel Flowmeter), By Applications (Water Treatment, Oil and Gas, Chemical Industry, Other), By Players/Companies Universal Flow Monitors, Inc, Honeywell, Niagara Meters, Nixonflowmeter, Smartflow, Spirax Sarco Limited, KOBOLD Instruments, Inc, Litre Meter Limited, Brooks Instrument”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mechanical Flowmeters Market Research Report
By Type
Vortex Shedding Flowmeter, Vane/Piston Flowmeter, Paddlewheel Flowmeter
By Application
Water Treatment, Oil and Gas, Chemical Industry, Other
By Companies
Universal Flow Monitors, Inc, Honeywell, Niagara Meters, Nixonflowmeter, Smartflow, Spirax Sarco Limited, KOBOLD Instruments, Inc, Litre Meter Limited, Brooks Instrument
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 Mechanical Flowmeters Market Report Segments:
The global Mechanical Flowmeters market is segmented on the basis of:
Types
Vortex Shedding Flowmeter, Vane/Piston Flowmeter, Paddlewheel Flowmeter
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 Treatment, Oil and Gas, Chemical Industry, 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:
- Universal Flow Monitors, Inc
- Honeywell
- Niagara Meters
- Nixonflowmeter
- Smartflow
- Spirax Sarco Limited
- KOBOLD Instruments, Inc
- Litre Meter Limited
- Brooks Instrument
Highlights of The Mechanical 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:
- Vortex Shedding Flowmeter
- Vane/Piston Flowmeter
- Paddlewheel Flowmeter
- By Application:
- Water Treatment
- Oil and Gas
- Chemical Industry
- 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 Mechanical 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?
Mechanical flowmeters are devices used to measure the rate of fluid flow through a pipe, channel, or other conduit. They typically consist of a series of disks or blades that rotate as the fluid flows past them. The rotation speed can be measured using a sensor, and the data can be used to calculate the flow rate and direction.
Some of the key players operating in the mechanical flowmeters market are Universal Flow Monitors, Inc, Honeywell, Niagara Meters, Nixonflowmeter, Smartflow, Spirax Sarco Limited, KOBOLD Instruments, Inc, Litre Meter Limited, Brooks Instrument.
The mechanical flowmeters market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mechanical Flowmeters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mechanical Flowmeters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mechanical Flowmeters Market - Supply Chain
4.5. Global Mechanical Flowmeters Market Forecast
4.5.1. Mechanical Flowmeters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mechanical Flowmeters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mechanical Flowmeters Market Absolute $ Opportunity
5. Global Mechanical Flowmeters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Mechanical Flowmeters Market Size and Volume Forecast by Type
5.3.1. Vortex Shedding Flowmeter
5.3.2. Vane/Piston Flowmeter
5.3.3. Paddlewheel Flowmeter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mechanical Flowmeters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Mechanical Flowmeters Market Size and Volume Forecast by Application
6.3.1. Water Treatment
6.3.2. Oil and Gas
6.3.3. Chemical Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mechanical Flowmeters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Mechanical Flowmeters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Mechanical Flowmeters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Mechanical Flowmeters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Mechanical Flowmeters Demand Share Forecast, 2019-2026
9. North America Mechanical Flowmeters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Mechanical Flowmeters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Mechanical Flowmeters Market Size and Volume Forecast by Application
9.4.1. Water Treatment
9.4.2. Oil and Gas
9.4.3. Chemical Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mechanical Flowmeters Market Size and Volume Forecast by Type
9.7.1. Vortex Shedding Flowmeter
9.7.2. Vane/Piston Flowmeter
9.7.3. Paddlewheel Flowmeter
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Mechanical Flowmeters Demand Share Forecast, 2019-2026
10. Latin America Mechanical Flowmeters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Mechanical Flowmeters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Mechanical Flowmeters Market Size and Volume Forecast by Application
10.4.1. Water Treatment
10.4.2. Oil and Gas
10.4.3. Chemical Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mechanical Flowmeters Market Size and Volume Forecast by Type
10.7.1. Vortex Shedding Flowmeter
10.7.2. Vane/Piston Flowmeter
10.7.3. Paddlewheel Flowmeter
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Mechanical Flowmeters Demand Share Forecast, 2019-2026
11. Europe Mechanical Flowmeters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Mechanical Flowmeters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Mechanical Flowmeters Market Size and Volume Forecast by Application
11.4.1. Water Treatment
11.4.2. Oil and Gas
11.4.3. Chemical Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mechanical Flowmeters Market Size and Volume Forecast by Type
11.7.1. Vortex Shedding Flowmeter
11.7.2. Vane/Piston Flowmeter
11.7.3. Paddlewheel Flowmeter
11.8. Basis Point Share (BPS) Anaysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Mechanical Flowmeters Demand Share, 2019-2026
12. Asia Pacific Mechanical Flowmeters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Mechanical Flowmeters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Mechanical Flowmeters Market Size and Volume Forecast by Application
12.4.1. Water Treatment
12.4.2. Oil and Gas
12.4.3. Chemical Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mechanical Flowmeters Market Size and Volume Forecast by Type
12.7.1. Vortex Shedding Flowmeter
12.7.2. Vane/Piston Flowmeter
12.7.3. Paddlewheel Flowmeter
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Mechanical Flowmeters Demand Share, 2019-2026
13. Middle East & Africa Mechanical Flowmeters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Mechanical Flowmeters Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Mechanical Flowmeters Market Size and Volume Forecast by Application
13.4.1. Water Treatment
13.4.2. Oil and Gas
13.4.3. Chemical Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mechanical Flowmeters Market Size and Volume Forecast by Type
13.7.1. Vortex Shedding Flowmeter
13.7.2. Vane/Piston Flowmeter
13.7.3. Paddlewheel Flowmeter
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Mechanical Flowmeters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mechanical Flowmeters Market: Market Share Analysis
14.2. Mechanical Flowmeters Distributors and Customers
14.3. Mechanical Flowmeters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Universal Flow Monitors, Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Niagara Meters
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nixonflowmeter
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Smartflow
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Spirax Sarco Limited
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KOBOLD Instruments, Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Litre Meter Limited
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Brooks Instrument
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
