A flow meter is an instrument used to measure linear, nonlinear, mass or volumetric flow rate of a liquid or a gas. When choosing flow meters, one should consider such intangible factors as familiarity of plant personnel, their experience with calibration and maintenance, spare parts availability, and mean time between failure history, etc., at the particular plant site.
Nowadays, there are many types of Flow Meters, including Electromagnetic flowmeter, Vortex flowmeter, Liquid turbine flowmeter, Ultrasonic flowmeter, Cone flowmeter, Orifice flowmeter, Metal rotameter, etc. And Coriolis Mass Flowmeters is the main type for Flow Meters, and the Coriolis Mass Flowmeters reached a sales revenue of approximately 1577.46 M USD in 2016, with 33.16% of global sales revenue.
North America has the largest global export quantity and manufacturers in Flow Meters market, while the Europe is the second sales volume market for Flow Meters in 2016. In the industry, Endress+Hauser profits most in 2016 and recent years, while Emerson and Yokogawa ranked 2 and 3.The market share of them is 14.72%, 12.33% and 10.27% in 2016.The gap of market share is keep on enlarged due to different strategy.
Flow Meters technology is very mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.
Over the next five years, LPI(LP Information) projects that Flow Meters will register a 4.1% CAGR in terms of revenue, reach US$ 6070 million by 2023, from US$ 4960 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
- Endress+Hauser Management AG
- Emerson Electric
- ABB Ltd.
- Yokogawa Electric
- Krohne Messtechnik GmbH
- Honeywell International
- Siemens AG
- Schneider Electric
- Azbil Corporation
- Badger Meter
- Chongqing Chunayi Automation
- Kent Instrument
- WELL TECH
- Yihuan
- Ripeness Sanyuan
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
- North America (United States, Canada and Mexico)
- Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
- Europe (Germany, UK, France, Italy and Russia etc.)
- South America (Brazil, Chile, Peru and Argentina)
- Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
- Electromagnetic Flowmeters
- Vortex Flowmeters
- Coriolis mass flowmeters
- Ultrasonic flowmeter
- Others
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
- Oil Industry
- Municipal Water
- Chemical Industry
- Electricity Industry
- Others