The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global flowmeter market size is expected to grow from $8.13 billion in 2022 to $8.93 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The market size of the flowmeter market is expected to grow to $13.13 billion in 2027 at a CAGR of 10.1%.

What will drive the flowmeter market?
The flowmeter market is predicted to expand due to an increase in pharmaceutical output.

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Who are the major players in the market?
Major Market Players in the flowmeter market include ABB Ltd., Emerson Electric Co., Em-Tec GmbH, Endress+Hauser Management AG, General Electric Company, Hitachi Ltd., Honeywell International Inc.

Which trend is gaining popularity in the flowmeter market?
Technological advancements are a major trend that is gaining traction in the flowmeter market. Technological development is the discovery of knowledge that enhances technology, perhaps improving the use or manufacture of a gadget and making it more efficient.

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How is the flowmeter market segmented?
Global Flowmeter Market Segments Include:

• By Type: Differential Pressure Flow Meter, Positive displacement Flow Meter, Ultrasonic Flow Meter, Turbine Flow Meter, Magnetic Flow Meter, Coriolis Flow Meter, Vortex Flow Meter, Others Flow Meter
• By Application: Residential, Industrial, Commercial
• By End User: Water and Wastewater, Oil and gas, Chemicals, Power Generation, Pulp and Paper, Food and Beverage, Other End Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global flowmeter market in 2021.

The Flowmeter Global Market Report 2023  provides an overview of the flowmeter market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The flowmeter market forecast analyzes flowmeter market size, flowmeter market share, leading competitor and their market positions.

A flowmeter is a device that measures the linear, nonlinear, mass, or volumetric flow rate of a liquid or gas. A flowmeter is also known as a flow sensor. Flowmeters can be used to measure open channels such as rivers or streams. Flowmeters have the ability to improve the accuracy, precision, and resolution of fluid measurement.

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