Intelligent Flow Meter Market – Global Opportunities & Forecast, 2020-2027

 

The market report analyses the market while considering various aspects of the market such as market size, market status, market trends, and forecast. The report also offers brief information on the competitors and specific growth opportunities while covering the key drivers of the market. The report has been categorized based on the different segments, including type, offering, communication protocol, industry, and regions.

Leading Players in the Intelligent Flow Meter Market:

The Intelligent Flow Meter Market is fairly fragmented, and a number of global and regional players operating in the market are:

·         Endress+Hauser Group Services AG

·         Emerson Electric Co.

·         ABB

·         Yokogawa Electric Corporation

·         Honeywell International Inc.

·         Siemens

·         Baker Hughes Company

·         Azbil Corporation

·         Schneider Electric

·         Badger Meter, Inc.

Intelligent Flow Meter Market drivers:

The global intelligent flow meter market is witnessing an upsurge in demand during the forecast period. This is mainly due to the growth in the demand for intelligent flow meters in several industrial applications such as in water & wastewater industries, coupled with the rapid technological advancements in ultrasonic measurement, which is enhancing the demand for such devices in the market. Moreover, various benefits provided by the intelligent flow meter, such as reliability, improved accuracy, the capability to detect the flow rate of a gas or liquid in real-time and provide feedback for the accurate control of the rate of flow are some other factors propelling the growth of the market worldwide. The rise in the expansion of industries across developing economies in the Asia-Pacific region and increasing awareness for the real-time analysis of data and enhanced visibility are further accelerating the growth of the market in the upcoming years. In addition to this, various technological advancements such as the implementation of advanced sensors and the availability of wireless monitoring are promoting the end-users to opt for the intelligent flow meter. On the other hand, the huge initial cost for the adoption of magnetic and coriolis flow meters will hinder the growth of the global intelligent flow meter market.

For Additional Insights, Click to Access Complete Report: https://www.gmiresearch.com/report/intelligent-flow-meter-market/

Intelligent Flow Meter Market Segmentation:

According to the report published by GMI Research, titled “Intelligent Flow Meter Market,” the industry is predicted to witness the highest CAGR during the forecast period. The segmentation of the market is as follows:

By Type:

·         Coriolis

·         Magnetic Flow Meters

·         Vortex

·         Ultrasonic

·         Thermal

·         Multiphase

·         Differential Pressure

·         Variable Area

·         Turbine

By Offering:

·         Software

·         Hardware

·         Services

By Communication Protocol:

·         MODBUS

·         PROFIBUS

·         HART

·         Others

By Industry:

·         Oil & Gas

·         Water & Wastewater

·         Food & Beverages

·         Chemicals

·         Metals & Mining

·         Pulp & Paper

·         Pharmaceuticals

·         Power Generation

·         Others

By Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

Contact Us

Company Name: GMI RESEARCH

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Phone: +353 1 442 8820

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State: Dublin

Country: Ireland

Website: https://www.gmiresearch.com/

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