Growing industrialization in the emerging economies is driving the growth of the flow meters market
The flow meters market is estimated at USD 6.81 billion in 2017 and is projected to reach USD 9.30 billion by 2022, at a CAGR of 6.42% from 2017 to 2022. The growth of this market can be attributed to the rising industrialization in emerging countries, such as China, India, and Brazil.

The ultrasonic segment to grow at the highest CAGR from 2017 to 2022
The ultrasonic segment is projected to grow at the highest CAGR in the flow meters market, in terms of value and volume, from 2017 to 2022. This growth can be attributed to the increased usage of ultrasonic flow meters in water & waste water, metals & mining and other industries in the emerging economies. This is because players in the market are focusing on expanding their capacities in Asia Pacific, the Middle East & Africa, and South America which is expected to drive the growth of flow meters during the forecast period

Asia Pacific is projected to lead the flow meters market during the forecast period
On the basis of region, the flow meters market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia Pacific is projected to lead the flow meters market during the forecast period. The growth can be attributed to the increasing demand for water & waste water treatment (which includes greywater recycling, purge treatment, biogas measurement, and effluent treatment) due to the rising demand from the irrigation industry.

Breakdown of primaries:
Primary interviews were conducted with a number of industry experts to collect information related to the flow meters market. The breakdown of primary interviews is depicted below:

  • By Company Type: Tier 1 - 31%, Tier 2 - 46%, and Tier 3 - 23%
  • By Designation: C Level - 46%, Director Level - 27%, and Others - 27%
  • By Region: North America – 24%, Europe - 29%, Asia Pacific - 24%, and South America – 14%, and Middle East & Africa - 9%

Key companies supplying flow meters are:
• Honeywell (US)
• Siemens (Germany)
• Emerson Electric Co. (US)
• ABB Ltd. (Switzerland)
• Yokogawa Electric (Japan)
• Azbil (Japan)
• Badger Meter (US)
• Krohne Messtechnik (Germany)
• Schneider Electric (France)
• Endress Hauser (Switzerland)
• Litre Meter (UK)
• Sierra Instruments (US)
• SICK AG (US)
• Seametrics (US)
• EQUFLOW (Netherlands)

Research Coverage
This report segments the flow meters market on the basis of type, end-sue industry, and region, and provides estimations for the overall value of the market and its subsegments across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key growth strategies, and recent developments (such as expansions, new products & technology launches, acquisitions, partnerships, agreements, and joint ventures) associated with the flow meters market.

Reasons To Buy the report:
This report will help leaders/new entrants in this market in the following ways:

  • Will have a better understanding of the flow meters market
  • Will provide information on key market drivers, restraints, challenges, and opportunities
  • Will help gain insights regarding competitors and their positions in the flow meters market