Market Overview:
The Global Oval Gear Flowmeter Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for oval gear flowmeters in various applications such as chemical industry, oil industry, pharmaceuticals, electric power and metallurgical industry among others. Additionally, the growing awareness about energy conservation is also propelling the market growth. However, fluctuating prices of raw materials may hamper the market growth during the forecast period. Based on type, cast iron material segment held a dominant position in 2017 and is projected to maintain its dominance throughout the forecast period. This can be attributed to its low cost as compared to other types of materials used for manufacturing oval gear flowmeters.
Product Definition:
An oval gear flowmeter is a type of volumetric flowmeter that uses two rotating gears with different shapes to measure the volume of fluid flowing through a pipeline. The oval gear flowmeter is important because it can provide an accurate measurement of the volumetric flow rate regardless of the fluid's viscosity or density.
Cast Iron Material:
Cast iron material is a hard, ferrous alloy that consists of carbon, manganese, silicon and other metals. It's physical and mechanical properties make it suitable for use in manufacturing flow meters. The material has high strength which makes it durable; the metal also has good corrosion resistance.
Cast Steel Material:
Cast steel material is a type of steel in which iron and carbon are melted together at the same time as raw materials. It has high carbon content ranging from 0.2 to 2 percent by weight of the total composition, depending on the application requirements. The product is used for manufacturing flow meters mainly due to its advantages such as resistance towards oxidation and ability to withstand high temperature along with excellent dimensional stability under pressure conditions without any significant deformation or change in properties.
Application Insights:
The chemical industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of this application can be attributed to factors such as growing demand for chemicals, increasing production of petrochemicals, and stringent regulations regarding pollution control.
The electric power industry is also anticipated to witness significant growth over the forecast period owing to factors such as rapid industrialization in developing countries like India and China, increasing electricity generation from coal, gas & oil sources coupled with strict government regulations on air pollution control. Other applications include pharmaceuticals and metallurgical industries among others. Increasing demand for gears in these industries coupled with stringent regulatory norms pertaining to air & water quality are some of the key factors driving product demand across various end-use industries globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising industrial activities. China, India, Japan, South Korea are some of the prominent countries that form APAC regional market.
The demand for flow meters in Europe is anticipated to grow at a significant rate owing to stringent government regulations regarding energy consumption along with growing electric power industry in Germany, Italy and France among other countries.
Growth Factors:
- Increasing demand from process industries for accurate and reliable flow measurement
- Growing popularity of oval gear flowmeters as a result of their superior performance characteristics over other types of flowmeters
- Proliferation of micro-electromechanical systems (MEMS) technology, which is enabling the development of smaller and more affordable oval gear flowmeters
- Rising demand for smart metering solutions that can help improve energy efficiency and optimize plant operations
- Growing awareness among end users about the benefits of using oval gear flowmeters for various applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Oval Gear Flowmeter Market Research Report
By Type
Cast Iron Material, Cast Steel Material, 304 Stainless Steel Material, 316 Stainless Steel Material, Others
By Application
Chemical Industry, The Oil Industry, Pharmaceutical, Electric Power, Metallurgical Industry, Others
By Companies
ALIA GROUP INC, Badger Meter, Kytola Instruments Oy, Numak srl, PIUSI S.p.A., Riels Instruments, SIKA, Sotera, Bopp & Reuther Messtechnik GmbH
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Oval Gear Flowmeter Market Report Segments:
The global Oval Gear Flowmeter market is segmented on the basis of:
Types
Cast Iron Material, Cast Steel Material, 304 Stainless Steel Material, 316 Stainless Steel Material, 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
Chemical Industry, The Oil Industry, Pharmaceutical, Electric Power, Metallurgical Industry, 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:
- ALIA GROUP INC
- Badger Meter
- Kytola Instruments Oy
- Numak srl
- PIUSI S.p.A.
- Riels Instruments
- SIKA
- Sotera
- Bopp & Reuther Messtechnik GmbH
Highlights of The Oval Gear Flowmeter 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:
- Cast Iron Material
- Cast Steel Material
- 304 Stainless Steel Material
- 316 Stainless Steel Material
- Others
- By Application:
- Chemical Industry
- The Oil Industry
- Pharmaceutical
- Electric Power
- Metallurgical Industry
- 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 Oval Gear Flowmeter 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
The Oval Gear Flowmeter is a precision instrument used to measure the flow rate of liquids and gases. It consists of an annular gear wheel with teeth that mesh with a cylindrical drum. The gear wheel rotates as the drum moves, causing the distance between each tooth to change. This variation in distance creates an output signal that can be used to calculate flow rate.
Some of the major companies in the oval gear flowmeter market are ALIA GROUP INC, Badger Meter, Kytola Instruments Oy, Numak srl, PIUSI S.p.A., Riels Instruments, SIKA, Sotera, Bopp & Reuther Messtechnik GmbH.
The oval gear flowmeter market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oval Gear Flowmeter 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. Oval Gear Flowmeter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oval Gear Flowmeter Market - Supply Chain
4.5. Global Oval Gear Flowmeter Market Forecast
4.5.1. Oval Gear Flowmeter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oval Gear Flowmeter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oval Gear Flowmeter Market Absolute $ Opportunity
5. Global Oval Gear Flowmeter 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. Oval Gear Flowmeter Market Size and Volume Forecast by Type
5.3.1. Cast Iron Material
5.3.2. Cast Steel Material
5.3.3. 304 Stainless Steel Material
5.3.4. 316 Stainless Steel Material
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oval Gear Flowmeter 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. Oval Gear Flowmeter Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. The Oil Industry
6.3.3. Pharmaceutical
6.3.4. Electric Power
6.3.5. Metallurgical Industry
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oval Gear Flowmeter 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. Oval Gear Flowmeter 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 Oval Gear Flowmeter 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. Oval Gear Flowmeter 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 Oval Gear Flowmeter Demand Share Forecast, 2019-2026
9. North America Oval Gear Flowmeter 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 Oval Gear Flowmeter 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 Oval Gear Flowmeter Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. The Oil Industry
9.4.3. Pharmaceutical
9.4.4. Electric Power
9.4.5. Metallurgical Industry
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oval Gear Flowmeter Market Size and Volume Forecast by Type
9.7.1. Cast Iron Material
9.7.2. Cast Steel Material
9.7.3. 304 Stainless Steel Material
9.7.4. 316 Stainless Steel Material
9.7.5. Others
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 Oval Gear Flowmeter Demand Share Forecast, 2019-2026
10. Latin America Oval Gear Flowmeter 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 Oval Gear Flowmeter 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 Oval Gear Flowmeter Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. The Oil Industry
10.4.3. Pharmaceutical
10.4.4. Electric Power
10.4.5. Metallurgical Industry
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oval Gear Flowmeter Market Size and Volume Forecast by Type
10.7.1. Cast Iron Material
10.7.2. Cast Steel Material
10.7.3. 304 Stainless Steel Material
10.7.4. 316 Stainless Steel Material
10.7.5. Others
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 Oval Gear Flowmeter Demand Share Forecast, 2019-2026
11. Europe Oval Gear Flowmeter 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 Oval Gear Flowmeter 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 Oval Gear Flowmeter Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. The Oil Industry
11.4.3. Pharmaceutical
11.4.4. Electric Power
11.4.5. Metallurgical Industry
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oval Gear Flowmeter Market Size and Volume Forecast by Type
11.7.1. Cast Iron Material
11.7.2. Cast Steel Material
11.7.3. 304 Stainless Steel Material
11.7.4. 316 Stainless Steel Material
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis 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 Oval Gear Flowmeter Demand Share, 2019-2026
12. Asia Pacific Oval Gear Flowmeter 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 Oval Gear Flowmeter 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 Oval Gear Flowmeter Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. The Oil Industry
12.4.3. Pharmaceutical
12.4.4. Electric Power
12.4.5. Metallurgical Industry
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oval Gear Flowmeter Market Size and Volume Forecast by Type
12.7.1. Cast Iron Material
12.7.2. Cast Steel Material
12.7.3. 304 Stainless Steel Material
12.7.4. 316 Stainless Steel Material
12.7.5. Others
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 Oval Gear Flowmeter Demand Share, 2019-2026
13. Middle East & Africa Oval Gear Flowmeter 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 Oval Gear Flowmeter 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 Oval Gear Flowmeter Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. The Oil Industry
13.4.3. Pharmaceutical
13.4.4. Electric Power
13.4.5. Metallurgical Industry
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oval Gear Flowmeter Market Size and Volume Forecast by Type
13.7.1. Cast Iron Material
13.7.2. Cast Steel Material
13.7.3. 304 Stainless Steel Material
13.7.4. 316 Stainless Steel Material
13.7.5. Others
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 Oval Gear Flowmeter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oval Gear Flowmeter Market: Market Share Analysis
14.2. Oval Gear Flowmeter Distributors and Customers
14.3. Oval Gear Flowmeter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ALIA GROUP 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. Badger Meter
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kytola Instruments Oy
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Numak srl
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. PIUSI S.p.A.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Riels Instruments
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SIKA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sotera
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bopp & Reuther Messtechnik GmbH
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
