Market Overview:
The Global Variable Area Intelligent 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 energy measurement and industrial applications across the globe. Additionally, factors such as technological advancements and rising awareness about energy conservation are also contributing to the market growth. However, fluctuations in prices of raw materials may restrain the market growth during the forecast period. Based on type, AC intelligent flow meters accounted for a larger share of the global variable area intelligent flow meter market in 2017. This can be attributed to their high accuracy and reliability compared with DC intelligent flow meters.
Product Definition:
A Variable Area Intelligent Flow Meter is a type of flow meter that can be used to measure the rate of fluid flow in a pipe. This type of flow meter uses a variable area sensor to measure the size of the fluid stream as it passes through the meter. The size of the sensor determines how much resistance is placed on the fluid, which in turn affects the speed at which it flows. By measuring this change in speed, the Variable Area Intelligent Flow Meter can calculate and display an accurate reading for how much fluid has passed through it.
AC:
AC is the new intelligent flow meter technology that uses smart sensors to measure liquids and gases. It helps in reducing energy consumption, maintenance cost, and inventory cost. The market for ACVAFM is expected to witness significant growth over the forecast period owing to its ability of measuring liquid volume with high accuracy at low operating costs.
The global variable area intelligent flow meter market size was valued at USD 1,849.7 million in 2016.
DC:
DC is Direct Current and it’s also known as Sinusoidal current. It has a constant voltage of 60 hertz and frequency of 1 cycle every second. DC current can be easily regulated by controlling the flow rate with the help of variable area intelligent flow meter which helps to reduce energy consumption, maintenance cost, water loss & improves efficiency in industries such as chemical, oil & gas power generation plants manufacturing facilities etc.
Application Insights:
The energy measurement application segment led the global variable area intelligent flow meter market in 2017 and is projected to continue its dominance over the forecast period. Energy measurement includes power generation, transmission & distribution, oil & gas, etc. The growing need for real-time monitoring of energy resources and infrastructure will drive this growth.
Industrial applications include chemical plants petrochemical refineries pharmaceuticals manufacturing facilities paper mills etcetera which require accurate flow measurements for process control at multiple points of a production facility or along a supply chain network. These devices are used to measure liquid as well as gaseous materials in industrial processes such as fermentation tanks distillation columns reaction vessels heat exchangers etcetera which involves continuous processing of material from raw state to end products thus exhibiting high demand across various industries globally thereby driving the growth further.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The regional growth can be attributed to increasing government investments in infrastructure development and rising industrial automation across several industries. Moreover, growing demand for smart cities in countries such as China and India is anticipated to drive the market growth over the forecast period.
The European market accounted for a significant share of revenue owing to early adoption of variable area flow measurement technology by some of Europe’s largest water management companies including Severn Trent Water (STW) and National Grid Transco (NGT). In addition, stringent regulations laid down by various regulatory bodies such as Drinking Water Directive 2004/42/EC, Urban Wastewater Treatment Directive 91/1/EEC have driven intelligent variable area flow meters across Europe since they are used for measuring wastewater during treatment processes.
Growth Factors:
- Increasing demand for energy efficient and accurate flow meters across various industries
- Rising awareness about the benefits of using variable area intelligent flow meter over traditional flow meters
- Growing number of industrial automation projects globally
- Proliferation of smart cities and the Internet of Things (IoT) that are expected to drive the demand for variable area intelligent flow meter in near future
- Technological advancements in variable area intelligent flow meter that offer enhanced performance, accuracy, and reliability
Scope Of The Report
Report Attributes
Report Details
Report Title
Variable Area Intelligent Flow Meter Market Research Report
By Type
AC, DC
By Application
Industrial, Energy Measurement, Others
By Companies
ABB, Emerson, Siemens, Yokogawa Electric, GE
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Variable Area Intelligent Flow Meter Market Report Segments:
The global Variable Area Intelligent Flow Meter market is segmented on the basis of:
Types
AC, DC
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
Industrial, Energy Measurement, 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:
- ABB
- Emerson
- Siemens
- Yokogawa Electric
- GE
Highlights of The Variable Area Intelligent 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:
- AC
- DC
- By Application:
- Industrial
- Energy Measurement
- 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 Variable Area Intelligent 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?
Variable area intelligent flow meter is a type of flowmeter that uses an array of sensors to measure the flow rate and direction. This type of meter can be used in industries such as oil and gas, chemical, food processing, water treatment and pulp and paper production.
Some of the key players operating in the variable area intelligent flow meter market are ABB, Emerson, Siemens, Yokogawa Electric, GE.
The variable area intelligent 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. Variable Area Intelligent 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. Variable Area Intelligent 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. Variable Area Intelligent Flow Meter Market - Supply Chain
4.5. Global Variable Area Intelligent Flow Meter Market Forecast
4.5.1. Variable Area Intelligent Flow Meter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Variable Area Intelligent Flow Meter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Variable Area Intelligent Flow Meter Market Absolute $ Opportunity
5. Global Variable Area Intelligent 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. Variable Area Intelligent Flow Meter Market Size and Volume Forecast by Type
5.3.1. AC
5.3.2. DC
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Variable Area Intelligent 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. Variable Area Intelligent Flow Meter Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Energy Measurement
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Variable Area Intelligent 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. Variable Area Intelligent 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 Variable Area Intelligent 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. Variable Area Intelligent 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 Variable Area Intelligent Flow Meter Demand Share Forecast, 2019-2026
9. North America Variable Area Intelligent 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 Variable Area Intelligent 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 Variable Area Intelligent Flow Meter Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Energy Measurement
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Variable Area Intelligent Flow Meter Market Size and Volume Forecast by Type
9.7.1. AC
9.7.2. DC
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 Variable Area Intelligent Flow Meter Demand Share Forecast, 2019-2026
10. Latin America Variable Area Intelligent 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 Variable Area Intelligent 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 Variable Area Intelligent Flow Meter Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Energy Measurement
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Variable Area Intelligent Flow Meter Market Size and Volume Forecast by Type
10.7.1. AC
10.7.2. DC
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 Variable Area Intelligent Flow Meter Demand Share Forecast, 2019-2026
11. Europe Variable Area Intelligent 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 Variable Area Intelligent 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 Variable Area Intelligent Flow Meter Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Energy Measurement
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Variable Area Intelligent Flow Meter Market Size and Volume Forecast by Type
11.7.1. AC
11.7.2. DC
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 Variable Area Intelligent Flow Meter Demand Share, 2019-2026
12. Asia Pacific Variable Area Intelligent 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 Variable Area Intelligent 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 Variable Area Intelligent Flow Meter Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Energy Measurement
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Variable Area Intelligent Flow Meter Market Size and Volume Forecast by Type
12.7.1. AC
12.7.2. DC
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 Variable Area Intelligent Flow Meter Demand Share, 2019-2026
13. Middle East & Africa Variable Area Intelligent 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 Variable Area Intelligent 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 Variable Area Intelligent Flow Meter Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Energy Measurement
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Variable Area Intelligent Flow Meter Market Size and Volume Forecast by Type
13.7.1. AC
13.7.2. DC
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 Variable Area Intelligent Flow Meter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Variable Area Intelligent Flow Meter Market: Market Share Analysis
14.2. Variable Area Intelligent Flow Meter Distributors and Customers
14.3. Variable Area Intelligent Flow Meter 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. Emerson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
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. GE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
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
