Market Overview:
Thermal mass flow meters are used to measure the mass flow rate of a fluid. Thermal mass flow meters work by measuring the heat that is transferred from a heated element to the flowing fluid. The amount of heat that is transferred is proportional to the mass flow rate of the fluid. Thermal mass flow meters are available in two different types, industrial thermal mass flow meters and capillary-tube type thermal mass flowmeters.
Product Definition:
Thermal mass flow meters (TMFMs) are instruments used to measure the mass flow rate of a fluid passing through a pipe. The fluid's temperature is measured and used in conjunction with its thermal properties to calculate the mass flow rate. TMFMs are important for measuring the mass flow rates of fluids in many industries, including chemical processing, power generation, and oil and gas production.
Industrial Thermal Mass Flow Meters:
Industrial Thermal Mass Flow Meters is a device used to measure the mass or volume of solid, liquid or gaseous materials. It is mainly used in industries for process control and monitoring. The key factor that propels the growth of this market includes increasing industrialization and automation in various sectors such as power generation, food & beverages, chemical processing among others.
Capillary-Tube Type Thermal Mass Flow Meters:
The capillary-tube type thermal mass flow meters is a non-intrusive device used to measure the rate of heat transfer between two media. It consists of a hollow, closed tube made from stainless steel or other suitable material. The inner surface of the tube is coated with an optically transparent material such as silica glass or quartz and filled with a conducting liquid such as mercury.
Application Insights:
The other application segment includes food & beverage, pulp & paper, and cosmetics industry. The chemical industry is expected to emerge as the fastest-growing market for global thermal mass flow meters over the forecast period owing to its rising demand in petrochemicals, pharmaceuticals, paints and coatings among others.
Petroleum & natural gas emerged as the second-largest application segment in terms of revenue in 2017 due to increasing exploration activities across various regions coupled with an increase in production of crude oil and natural gas. Increasing drilling activities for shale gas are likely to drive product demand from 2018 to 2030. However, high initial capital investments (IPI) may hinder growth over the forecast period for petroleum & natural gas applications globally.
Regional Analysis:
Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing an increasing number of chemical and petroleum industries, which have led to a significant rise in demand for thermal mass flowmeters. China, India, Japan, South Korea are some of the major economies that contribute significantly towards Asia Pacific regional market growth.
The Middle East & Africa (MEA) is anticipated to be one of the fastest-growing regions with a CAGR close to 6% from 2018 to 2030 owing high oil & gas reserves present across several countries such as Saudi Arabia and UAE. Furthermore, other minerals such as gold are also mined extensively in this region which further drives product demand due rising mining activities across various sectors including chemical industry and others.
Growth Factors:
- Increasing demand for thermal mass flow meters from oil and gas industry as these meters are used to measure the volumetric flow rate of fluids
- Rising adoption of thermal mass flow meters in chemical and petrochemical industries owing to their ability to measure the volumetric flow rate of fluids with high accuracy
- Growing demand for thermal mass flow meters in power generation sector as these devices help in accurate measurement of gas flows
- Increasing popularity of thermal mass flowmeters across various end-use applications due to their superior performance characteristics compared to other types of Flow Meters
- Technological advancements that have led to the development of more advanced and reliable modelsof Thermal Mass Flow Meters, which is expectedto fuel market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Mass Flow Meters Market Research Report
By Type
Industrial Thermal Mass Flow Meters, Capillary-Tube Type Thermal Mass Flow Meters, Other
By Application
Chemical Industry, Petroleum & Natural Gas, Mining, Other
By Companies
ABB, Fluid Components International, Sierra Instruments, Yokogawa Electric Corporation, Sage Metering, Magnetrol
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Mass Flow Meters Market Report Segments:
The global Thermal Mass Flow Meters market is segmented on the basis of:
Types
Industrial Thermal Mass Flow Meters, Capillary-Tube Type Thermal Mass 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
Chemical Industry, Petroleum & Natural Gas, Mining, 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:
- ABB
- Fluid Components International
- Sierra Instruments
- Yokogawa Electric Corporation
- Sage Metering
- Magnetrol
Highlights of The Thermal Mass 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:
- Industrial Thermal Mass Flow Meters
- Capillary-Tube Type Thermal Mass Flow Meters
- Other
- By Application:
- Chemical Industry
- Petroleum & Natural Gas
- Mining
- 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 Thermal Mass 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.
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
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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?
Thermal mass flow meters are used to measure the rate of heat transfer through a material.
Some of the key players operating in the thermal mass flow meters market are ABB, Fluid Components International, Sierra Instruments, Yokogawa Electric Corporation, Sage Metering, Magnetrol.
The thermal mass flow meters market is expected to grow at a compound annual growth rate of 6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermal Mass Flow Meters 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. Thermal Mass Flow Meters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermal Mass Flow Meters Market - Supply Chain
4.5. Global Thermal Mass Flow Meters Market Forecast
4.5.1. Thermal Mass Flow Meters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermal Mass Flow Meters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermal Mass Flow Meters Market Absolute $ Opportunity
5. Global Thermal Mass Flow Meters 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. Thermal Mass Flow Meters Market Size and Volume Forecast by Type
5.3.1. Industrial Thermal Mass Flow Meters
5.3.2. Capillary-Tube Type Thermal Mass Flow Meters
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermal Mass Flow Meters 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. Thermal Mass Flow Meters Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. Petroleum & Natural Gas
6.3.3. Mining
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermal Mass Flow Meters 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. Thermal Mass Flow Meters 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 Thermal Mass Flow Meters 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. Thermal Mass Flow Meters 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 Thermal Mass Flow Meters Demand Share Forecast, 2019-2026
9. North America Thermal Mass Flow Meters 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 Thermal Mass Flow Meters 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 Thermal Mass Flow Meters Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. Petroleum & Natural Gas
9.4.3. Mining
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 Thermal Mass Flow Meters Market Size and Volume Forecast by Type
9.7.1. Industrial Thermal Mass Flow Meters
9.7.2. Capillary-Tube Type Thermal Mass Flow Meters
9.7.3. 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 Thermal Mass Flow Meters Demand Share Forecast, 2019-2026
10. Latin America Thermal Mass Flow Meters 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 Thermal Mass Flow Meters 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 Thermal Mass Flow Meters Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. Petroleum & Natural Gas
10.4.3. Mining
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 Thermal Mass Flow Meters Market Size and Volume Forecast by Type
10.7.1. Industrial Thermal Mass Flow Meters
10.7.2. Capillary-Tube Type Thermal Mass Flow Meters
10.7.3. 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 Thermal Mass Flow Meters Demand Share Forecast, 2019-2026
11. Europe Thermal Mass Flow Meters 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 Thermal Mass Flow Meters 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 Thermal Mass Flow Meters Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. Petroleum & Natural Gas
11.4.3. Mining
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 Thermal Mass Flow Meters Market Size and Volume Forecast by Type
11.7.1. Industrial Thermal Mass Flow Meters
11.7.2. Capillary-Tube Type Thermal Mass Flow Meters
11.7.3. 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 Thermal Mass Flow Meters Demand Share, 2019-2026
12. Asia Pacific Thermal Mass Flow Meters 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 Thermal Mass Flow Meters 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 Thermal Mass Flow Meters Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. Petroleum & Natural Gas
12.4.3. Mining
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 Thermal Mass Flow Meters Market Size and Volume Forecast by Type
12.7.1. Industrial Thermal Mass Flow Meters
12.7.2. Capillary-Tube Type Thermal Mass Flow Meters
12.7.3. 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 Thermal Mass Flow Meters Demand Share, 2019-2026
13. Middle East & Africa Thermal Mass Flow Meters 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 Thermal Mass Flow Meters 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 Thermal Mass Flow Meters Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. Petroleum & Natural Gas
13.4.3. Mining
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 Thermal Mass Flow Meters Market Size and Volume Forecast by Type
13.7.1. Industrial Thermal Mass Flow Meters
13.7.2. Capillary-Tube Type Thermal Mass Flow Meters
13.7.3. 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 Thermal Mass Flow Meters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermal Mass Flow Meters Market: Market Share Analysis
14.2. Thermal Mass Flow Meters Distributors and Customers
14.3. Thermal Mass Flow Meters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fluid Components International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sierra Instruments
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 Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sage Metering
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Magnetrol
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
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
