Report Published: "Intelligent Flow Meter Market - Global Trend & Forecast to 2022"

From: Fast Market Research, Inc.
Published: Thu Jun 16 2016

Intelligent Flow Meter Market by Type (Magnetic, Coriolis, Ultrasonic, Vortex, Multiphase, Thermal, Turbine, Variable Area, & Differential Pressure), Communication Protocol (PROFIBUS & HART), Application, and Geography - Global Trend & Forecast to 2022

The intelligent flow meter market is expected to reach USD 7.76 billion by 2022, at a CAGR of 5.4% between 2016 and 2022. The growth of this market can be attributed to the benefits of accuracy, stability, and reliability offered by intelligent flow meters and high demand for these flow meters in the chemicals and water & wastewater industries. The rising investments in industrial infrastructure activities and growing use of intelligent flow meters for diagnostic information, along with measurement data, are also supporting the growth of the market.

Full Report Details at

"Market for magnetic flow meters to hold a significant share of the intelligent flow meter market during the forecast period"

The absence of moving parts in magnetic flow meters and the high demand for the measurement of dirty water are some of the major factors that are driving the growth of the market for magnetic flow meters. The ability to measure forward as well as reverse flow with equal accuracy is an important feature of these flow meters, which is also leading the implementation of magnetic flow meters in various applications. A magnetic flow meter can handle almost all liquids and slurries only if the material being metered is electrically conductive. The market for these flow meters is expected to hold the largest share of the intelligent flow meter market during the forecast period.

"Intelligent flow meter market in APAC expected to witness the highest growth during the forecast period"

Increasing investments in the field of process automation in APAC, along with the growing demand for accuracy in measurement processes in countries such as China and India, are driving the growth of the market for intelligent flow meters. The intelligent flow meter market for various applications such as chemicals, pharmaceuticals, and water & wastewater among others is expected to grow with the increase in new industrial infrastructural activities, which are expected to implement intelligent flow meters on a large scale. Magnetic flow meters are expected to hold the largest share of the intelligent flow meter market in the future, owing to their benefit of offering higher accuracy and low maintenance cost due to the absence of moving parts.

Break-up of the profile of primary participants for the report is as given below:

* By Company Type - Tier 1 - 52 %, Tier 2 - 29%, and Tier 3 - 19%
* By Designation - C-Level Executives - 36%, Directors- 31%, and Others - 33%
* By Region - North America - 52%, Europe - 12%, APAC - 29%, and RoW - 7%

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Intelligent Flow Meter Market - Global Trend & Forecast to 2022
- Smart Sensor Market - Global Trends and Forecast to 2022
- HVAC Controls Market - Global Trend and Forecast to 2022
- Medical Sensors Market - Global Forecast to 2022
- Temperature Transmitter and Humidity Transmitter Market - Global Trend & Forecast to 2022

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »