Intelligent Flow Meter Market worth $7098.79 Million by 2020, According to a New Study on ASDReports

Friday 20 February 2015, Amsterdam

According to a new market research report, now available on ASDReports, “Intelligent Flow Meter Market by type (Coriolis, Electromagnetic , Vortex, Ultrasonic and Others), by Technology (Profibus, HART & Others), by Application (Water & Wastewater, Oil & Gas, Chemicals & Others) and Geography - Global Trends & Forecasts to 2014 - 2020”, The global intelligent flow meter market revenue is estimated to grow from $5083.65 million in 2014 to $7098.79 million in 2020 at a CAGR of 5.72% from 2014 to 2020.

The intelligent flow meter market incorporates measurement products used for measuring fluidic phenomenon in wide ranges of industrial applications. Intelligent flow meter is widely used in water & wastewater, oil & gas, food& beverage, chemicals, power generation, metals & mining, pulp & paper, pharmaceuticals & other. Global market for intelligent flow meter market is expected to reach $7098.79 million in 2020 at a CAGR of 5.72% calculated from 2014 to 2020.

The report segments the intelligent flow meter market on the basis of the different types, technology, applications and geographies. Further, it contains revenue forecasting and analyzes the trends in the market. The geographical analysis contains the in-depth classification of Americas, Europe, and APAC, which contains the major region covering the market. Each of these geographies has been further split by the major countries existing in this market. Further, U.S., Canada and Mexico has been classified under North America; U.K, Germany, France, France, Italy and Spain has been classified under Europe; Japan, China, South Korea and India has been classified under APAC region; the Middle-East and Africa and Latin America have been classified under the ROW region. The sections and the sub-segments in the report would contain the drivers, restraints, opportunities, and current market trends; and the technologies expected to revolutionize the industry.

Based on the application, the intelligent flow meter market has been segmented into Application segment includes water & wastewater, oil & gas, food& beverage, chemicals, power generation, metals & mining, pulp & paper, pharmaceuticals & other. In addition to the applications and geographic regions, report also covers the type of meter used in the intelligent flow meter market. This includes electromagnetic, coriolis, differential pressure, vortex, ultrasonic, thermal, variable area, differential pressure & turbine. Also report covers the technologies that are used in intelligent flow meter markets. Various technologies include profibus, modbus, fieldbus, hart & others.

This report focuses on giving an insight view of the complete intelligent flow meter market, with detailed market segmentations, combined with qualitative analysis of each and every aspect of classification on the basis of type, technology, applications, and geography. All the numbers, at every level of detail are forecast till 2020, to give a glimpse of the potential revenue base in this market.

The electromagnetic flow sensors hold the maximum share in the global intelligent flow meter market and this trend is expected to be same in the forecast period.

The report profiles the major companies active in this field such as are Emerson Electric Co. (U.S.), Honeywell International Inc. (U.S.), Endress+Hauser AG (Germany), Yokogawa Electric Corporation (Japan), ABB Ltd.(Switzerland) and Siemens AG (Germany).