Market Overview:
The global steam flow meter 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 steam in various industries such as oil & gas, petrochemical, chemical, pharmaceuticals, pulp & paper and food & beverages. In addition, the growing demand for energy-efficient technologies is also propelling the growth of the global steam flow meter market. Based on type, the global steam flow meter market can be segmented into orifice plate flow meters, direct in-line variable area flow meters (VA), ultrasonic flow meters and turbine Flow Meters. Of these segments, orifice plate Flow Meters held a dominant share in 2017 and is expected to maintain its dominance during the forecast period as well.
Product Definition:
A steam flow meter is a device used to measure the rate of flow of steam in a given system. This type of meter is important for ensuring that the correct amount of steam is being delivered to a process or piece of equipment, as too little or too much can cause problems.
Orifice Plate Flow Meters:
Orifice plate flow meters are used to measure the rate of fluid or particulate matter passing through a small opening. The most common application of orifice plate flow meters is in steam flow meter market, wherein it is used for measuring the rate at which water passes through a pipe. Orifices plates are also known as one-way valves and they have numerous applications in industries such as petrochemical, pharmaceuticals, food & beverage processing and wastewater treatment plants among others.
Direct In-Line Variable Area Flow Meters:
Direct in-line variable area flow meters are used to measure the volume of liquid or gas passing through a given point in a line. It is an easy and quick way to determine the flow rate without any interruption caused by measuring instruments. These meters can be installed at various places including production plants, refineries, storage tanks, pipelines and processing units for continuous monitoring of feed water quality, boiler water temperature or product level in manufacturing industries.
Application Insights:
The oil & gas segment dominated the global steam flow meter market in 2017 and is expected to witness significant growth over the forecast period. The increasing need for real-time data on reservoir conditions, production optimization, and asset management is anticipated to drive demand over the coming years.
Petrochemical was another prominent segment that accounted for a considerable amount of share in 2017. Petrochemical manufacturers require a large number of units during peak hours as compared to off-peak hours due to high demand from refineries across different regions coupled with stringent energy efficiency standards has resulted in increased utilization of turbines among other devices that measure fluid velocities. However, orifice plate meters are still used extensively owing to their low cost and easy installation process among other factors such as availability of space at petrochemical plants along with its ability to provide continuous monitoring without any additional equipment required makes it suitable for this industry application.
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 significant growth in industries such as chemical, oil & gas, pharmaceuticals, food & beverage and others. This growth is attributed to increasing demand for energy resources resulting from rapid industrialization and urbanization in developing economies including China, India, Thailand among other Southeast Asian countries.
The European market was valued at USD X million in 2017 owing to high demand for advanced products with accuracy over a wide range of flow rates from major end-use sectors such as chemical (petrochemical), oil & gas (mature markets) along with other mature markets across Europe including U.K.
Growth Factors:
- Increasing demand from the oil and gas industry for accurate and reliable flow measurement is expected to drive the growth of the steam flow meter market.
- The increasing adoption of smart meters is also anticipated to fuel the growth of this market in the coming years.
- Growing demand for energy efficient systems is another key factor that is expected to propel the growth of this market in future.
- Rising awareness about benefits offered by steam flow meters is also projected to boost this market’s growth in forthcoming years. 5) Technological advancements are likely to create new opportunities for players operating in this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Steam Flow Meter Market Research Report
By Type
Orifice Plate Flow Meters, Direct In-Line Variable Area Flow Meters, Ultrasonic Flow Meters, Turbine Flow Meters, Other
By Application
Oil & Gas, Petrochemical, Chemical, Pharmaceuticals, Pulp & paper, Food & Beverages, Steel/Metal & Mining
By Companies
Siemens, ABB, Endress+Hauser Management, Yokogawa Electric, Badger Meter, Azbil, General Electric
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Steam Flow Meter Market Report Segments:
The global Steam Flow Meter market is segmented on the basis of:
Types
Orifice Plate Flow Meters, Direct In-Line Variable Area Flow Meters, Ultrasonic Flow Meters, Turbine Flow Meters, 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
Oil & Gas, Petrochemical, Chemical, Pharmaceuticals, Pulp & paper, Food & Beverages, Steel/Metal & Mining
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:
- Siemens
- ABB
- Endress+Hauser Management
- Yokogawa Electric
- Badger Meter
- Azbil
- General Electric
Highlights of The Steam Flow Meter 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:
- Orifice Plate Flow Meters
- Direct In-Line Variable Area Flow Meters
- Ultrasonic Flow Meters
- Turbine Flow Meters
- Other
- By Application:
- Oil & Gas
- Petrochemical
- Chemical
- Pharmaceuticals
- Pulp & paper
- Food & Beverages
- Steel/Metal & Mining
- 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 Steam Flow Meter 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 steam flow meter is a device used to measure the flow rate of steam in a pipeline.
Some of the major players in the steam flow meter market are Siemens, ABB, Endress+Hauser Management, Yokogawa Electric, Badger Meter, Azbil, General Electric.
The steam flow meter market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steam Flow Meter 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. Steam Flow Meter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steam Flow Meter Market - Supply Chain
4.5. Global Steam Flow Meter Market Forecast
4.5.1. Steam Flow Meter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steam Flow Meter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steam Flow Meter Market Absolute $ Opportunity
5. Global Steam Flow Meter 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. Steam Flow Meter Market Size and Volume Forecast by Type
5.3.1. Orifice Plate Flow Meters
5.3.2. Direct In-Line Variable Area Flow Meters
5.3.3. Ultrasonic Flow Meters
5.3.4. Turbine Flow Meters
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steam Flow Meter 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. Steam Flow Meter Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Petrochemical
6.3.3. Chemical
6.3.4. Pharmaceuticals
6.3.5. Pulp & paper
6.3.6. Food & Beverages
6.3.7. Steel/Metal & Mining
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steam Flow Meter 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. Steam Flow Meter 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 Steam Flow Meter 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. Steam Flow Meter 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 Steam Flow Meter Demand Share Forecast, 2019-2026
9. North America Steam Flow Meter 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 Steam Flow Meter 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 Steam Flow Meter Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Petrochemical
9.4.3. Chemical
9.4.4. Pharmaceuticals
9.4.5. Pulp & paper
9.4.6. Food & Beverages
9.4.7. Steel/Metal & Mining
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steam Flow Meter Market Size and Volume Forecast by Type
9.7.1. Orifice Plate Flow Meters
9.7.2. Direct In-Line Variable Area Flow Meters
9.7.3. Ultrasonic Flow Meters
9.7.4. Turbine Flow Meters
9.7.5. Other
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 Steam Flow Meter Demand Share Forecast, 2019-2026
10. Latin America Steam Flow Meter 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 Steam Flow Meter 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 Steam Flow Meter Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Petrochemical
10.4.3. Chemical
10.4.4. Pharmaceuticals
10.4.5. Pulp & paper
10.4.6. Food & Beverages
10.4.7. Steel/Metal & Mining
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steam Flow Meter Market Size and Volume Forecast by Type
10.7.1. Orifice Plate Flow Meters
10.7.2. Direct In-Line Variable Area Flow Meters
10.7.3. Ultrasonic Flow Meters
10.7.4. Turbine Flow Meters
10.7.5. Other
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 Steam Flow Meter Demand Share Forecast, 2019-2026
11. Europe Steam Flow Meter 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 Steam Flow Meter 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 Steam Flow Meter Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Petrochemical
11.4.3. Chemical
11.4.4. Pharmaceuticals
11.4.5. Pulp & paper
11.4.6. Food & Beverages
11.4.7. Steel/Metal & Mining
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steam Flow Meter Market Size and Volume Forecast by Type
11.7.1. Orifice Plate Flow Meters
11.7.2. Direct In-Line VariableArea Flow Meters
11.7.3. Ultrasonic Flow Meters
11.7.4. Turbine Flow Meters
11.7.5. Other
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 Steam Flow Meter Demand Share, 2019-2026
12. Asia Pacific Steam Flow Meter 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 Steam Flow Meter 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 Steam Flow Meter Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Petrochemical
12.4.3. Chemical
12.4.4. Pharmaceuticals
12.4.5. Pulp & paper
12.4.6. Food & Beverages
12.4.7. Steel/Metal & Mining
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steam Flow Meter Market Size and Volume Forecast by Type
12.7.1. Orifice Plate Flow Meters
12.7.2. Direct In-Line Variable Area Flow Meters
12.7.3. Ultrasonic Flow Meters
12.7.4. Turbine Flow Meters
12.7.5. Other
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 Steam Flow Meter Demand Share, 2019-2026
13. Middle East & Africa Steam Flow Meter 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 Steam Flow Meter 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 Steam Flow Meter Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Petrochemical
13.4.3. Chemical
13.4.4. Pharmaceuticals
13.4.5. Pulp & paper
13.4.6. Food & Beverages
13.4.7. Steel/Metal & Mining
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steam Flow Meter Market Size and Volume Forecast by Type
13.7.1. Orifice Plate Flow Meters
13.7.2. Direct In-Line Variable Area Flow Meters
13.7.3. Ultrasonic Flow Meters
13.7.4. Turbine Flow Meters
13.7.5. Other
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 Steam Flow Meter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steam Flow Meter Market: Market Share Analysis
14.2. Steam Flow Meter Distributors and Customers
14.3. Steam Flow Meter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Endress+Hauser Management
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yokogawa Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Badger Meter
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Azbil
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. General Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
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
