流量計市場 : 2029年までの世界予測

Flow Meter Market - Global Forecast to 2029

流量計市場 : タイプ [差圧、容積式、磁気式 (インライン、挿入、低流量)、超音波式 (スプールピース、クランプオン、挿入)、コリオリ、タービン、ボルテックス]、最終用途産業、地域別 - 2029年までの世界予測
Flow Meter Market by Type (Differential Pressure, Positive Displacement, Magnetic (In-line, Insertion, Low Flow), Ultrasonic (Spool piece, Clamp-on, Insertion), Coriolis, Turbine, Vortex), End-use Industry, and Region - Global Forecast to 2029
出版MarketsandMarkets
出版年月2024年6月
ページ数257
図表数267
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The flow meters market is poised for significant growth, with a projected value of USD 12.6 billion by 2029, exhibiting a robust CAGR of 6.7% from its 2024 value of USD 9.1 billion.

流量計市場は、2029 年までに 126 億米ドルに達すると予測され、2024 年の 91 億米ドルから 6.7% という堅調な CAGR を示し、大幅な成長を遂げる態勢が整っています。

流量計市場 : 2029年までの世界予測

The flow meters market is witnessing substantial growth, primarily driven by two key factors. The expansion of industrial activities and the increasing focus on water and wastewater management. As industries such as oil and gas, chemicals, and manufacturing continue to grow, the need for precise flow measurement becomes critical for optimizing processes, ensuring safety, and meeting regulatory standards. Flow meters play a vital role in monitoring and controlling the flow of liquids and gases, enhancing operational efficiency and product quality. Simultaneously, the rising global emphasis on sustainable water management and environmental protection has led to significant investments in water distribution and wastewater treatment infrastructure.

“Coriolis segment is estimated to be the second fastest-growing type for flow meter market during the forecast period 2024 to 2029.”
Coriolis flow meters are projected to be the second fastest-growing type from 2024 to 2029 due to their unparalleled accuracy and versatility in measuring mass flow and density of both liquids and gases. These meters are highly valued in industries such as oil and gas, chemicals, and food and beverage, where precise flow measurement is critical for process optimization and quality control. The growing emphasis on efficiency and regulatory compliance further boosts their adoption. Coriolis meters’ ability to provide direct mass flow measurements without the need for additional temperature and pressure compensation makes them especially reliable. Their advanced diagnostic capabilities and minimal maintenance requirements also contribute to their rapid growth, as industries seek robust and accurate flow measurement solutions.

流量計市場 : 2029年までの世界予測 ecosystem

“Refining & petrochemical was the third largest segment in flow meters market in 2023, in terms of value.”
The refining and petrochemical segment was the third largest end-use industry for the flow meter market. This sector’s demand for precise and reliable flow measurement is driven by the need to ensure optimal process control, product quality, and safety. Flow meters are critical in monitoring various stages of refining and chemical processing, including fluid movement, mixing, and reaction control. The ongoing global demand for refined petroleum products and petrochemicals, coupled with investments in modernizing existing facilities and expanding capacity, has significantly boosted the adoption of advanced flow meters. Additionally, stringent environmental and safety regulations in the refining and petrochemical industries necessitate accurate flow measurement, further solidifying this segment’s position in the market.

“Middle East & Africa is estimated to be the second fastest growing segment of flow meters market during forecasted year from 2024 to 2029, in terms of value.”
The Middle East & Africa is projected to be the second fastest-growing region for the flow meter market from 2024 to 2029 due to significant investments in the oil and gas sector and the expansion of water and wastewater infrastructure. The region’s abundant hydrocarbon resources drive continuous exploration and production activities, necessitating accurate flow measurement for efficiency and regulatory compliance. Additionally, rapid urbanization and population growth are increasing the demand for improved water management solutions, prompting investments in modern water distribution and wastewater treatment facilities. These developments, coupled with the adoption of advanced technologies and smart infrastructure, are fueling the demand for sophisticated flow meters, making the Middle East & Africa a key growth region during the forecast period.
In the meticulous process of determining and verifying market sizes for multiple segments and subsegments, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:
• By Company Type: Tier 1 – 69%, Tier 2 – 23%, and Tier 3 – 8%
• By Designation: – Director Level – 27%, C-Level – 25%, and Others – 48%
• By Region: North America – 32%, Europe – 28%, Asia Pacific – 21%, South America – 12%, and Middle East & Africa – 7%

流量計市場 : 2029年までの世界予測 region

The key market players illustrated in the report include Honeywell International Inc. (US), Siemens AG (Germany), Emerson Electric Co. (US), ABB Ltd. (Switzerland), Yokogawa Electric Corporation (Japan), Azbil Corporation (Japan), Badger Meter, Inc. (US), Endress+Hauser Management AG (Switzerland), Krohne Messtechnik GmbH (Germany), and Schneider Electric (France).

Research Coverage
This report segments the market for flow meters market based on type, end-use industry, and region, and provides estimations for the overall value (USD Million) of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for flow meters.

Reasons to buy this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the flow meters market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:
• Analysis of key drivers (increasing use in oil & gas and water & wastewater industries, rising demand for smart and intelligent flow meters in high-end applications, stringent regulations for wastewater treatment and increasing capacity additions, increasing pharmaceuticals production capacity in asia pacific), restraints (complexity and maintenance, compatibility and integration issue), opportunities (increased investments in process automation from india and china, increasing capacity expansions and joint venture activities by end users in high-growth markets), and challenges (high initial cost of coriolis and magnetic flow meters, fit for purpose flow meters lacking in the industrial end-use industry).
• Market Penetration: Comprehensive information on flow meters market offered by top players in the global flow meters market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the flow meters market.
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for flow meters market across regions
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global flow meters market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the flow meters market
• Impact of recession on flow meters market

Table of Contents

1            INTRODUCTION            31

1.1         STUDY OBJECTIVES      31

1.2         MARKET DEFINITION   31

1.2.1      FLOW METER MARKET: INCLUSIONS & EXCLUSIONS     32

1.2.2      FLOW METER MARKET: MARKET DEFINITION AND INCLUSIONS, BY TYPE    32

1.2.3      FLOW METER MARKET: MARKET DEFINITION AND INCLUSIONS,

BY END-USE INDUSTRY 33

1.3         MARKET SCOPE             35

1.3.1      MARKET SEGMENTATION         35

1.3.2      REGIONS COVERED      35

1.3.3      YEARS CONSIDERED     36

1.4         CURRENCY CONSIDERED          36

1.5         STAKEHOLDERS            36

1.6         SUMMARY OF CHANGES            37

1.6.1      IMPACT OF RECESSION 37

2            RESEARCH METHODOLOGY     38

2.1         RESEARCH DATA           38

FIGURE 1           FLOW METER MARKET: RESEARCH DESIGN      38

2.1.1      SECONDARY DATA       39

2.1.2      PRIMARY DATA 39

2.1.2.1   Primary interviews: demand side and supply side         39

2.1.2.2   Key industry insights          40

2.1.2.3   Breakdown of interviews with experts            40

2.2         MARKET SIZE ESTIMATION       41

2.2.1      BOTTOM-UP APPROACH           41

FIGURE 2           MARKET SIZE ESTIMATION – APPROACH 1 (SUPPLY-SIDE):

COMBINED MARKET SHARE OF KEY PLAYERS   41

FIGURE 3           MARKET SIZE ESTIMATION – BOTTOM-UP (SUPPLY-SIDE): REVENUE FROM SALE OF FLOW METERS           42

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY APPROACH 2 – BOTTOM-UP (DEMAND-SIDE): PRODUCTS SOLD AND THEIR AVERAGE SELLING PRICE 43

2.2.2      TOP-DOWN APPROACH             43

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – TOP-DOWN APPROACH             44

2.3         DATA TRIANGULATION             44

FIGURE 6           FLOW METER MARKET: DATA TRIANGULATION            45

2.4         GROWTH RATE ASSUMPTIONS 45

2.4.1      SUPPLY SIDE    45

FIGURE 7           MARKET CAGR PROJECTIONS FROM SUPPLY SIDE         46

2.4.2      DEMAND-SIDE 46

FIGURE 8           MARKET GROWTH PROJECTIONS FROM DEMAND SIDE: DRIVERS AND OPPORTUNITIES             47

2.5         IMPACT OF RECESSION 47

2.6         RESEARCH ASSUMPTIONS         48

2.7         RESEARCH LIMITATIONS           48

2.8         RISK ASSESSMENT         48

TABLE 1             FLOW METER MARKET: RISK ASSESSMENT        48

3            EXECUTIVE SUMMARY 49

FIGURE 9           WATER & WASTEWATER TO BE LARGEST END-USE INDUSTRY OF FLOW METERS DURING FORECAST PERIOD 50

FIGURE 10         MAGNETIC FLOW METERS TO DOMINATE FLOW METER MARKET BETWEEN 2024 AND 2029         51

FIGURE 11         ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE IN 2023              52

4            PREMIUM INSIGHTS      54

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FLOW METER MARKET            54

FIGURE 12         GROWING DEMAND FROM OIL & GAS END-USE INDUSTRY TO DRIVE FLOW METER MARKET DURING FORECAST PERIOD       54

4.2         FLOW METER MARKET, BY END-USE INDUSTRY             54

FIGURE 13         OIL & GAS TO BE FASTEST-GROWING END-USE INDUSTRY

DURING FORECAST PERIOD     54

4.3         ASIA PACIFIC: FLOW METER MARKET, BY TYPE AND COUNTRY 55

FIGURE 14         CHINA ACCOUNTED FOR LARGEST SHARE OF FLOW METER MARKET IN 2023             55

4.4         FLOW METER MARKET, REGION VS. END-USE INDUSTRY           55

FIGURE 15         WATER & WASTEWATER ACCOUNTED FOR LARGEST SHARE IN 2023      55

4.5         FLOW METER MARKET, BY REGION       56

FIGURE 16         ASIA PACIFIC TO BE LARGEST MARKET FOR FLOW METERS DURING FORECAST PERIOD     56

4.6         FLOW METER MARKET, BY KEY COUNTRY         56

FIGURE 17         CHINA TO REGISTER HIGHEST CAGR IN FLOW METER MARKET DURING FORECAST PERIOD   56

5            MARKET OVERVIEW AND INDUSTRY TRENDS   57

5.1         INTRODUCTION            57

5.2         MARKET DYNAMICS     57

FIGURE 18         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN FLOW METER MARKET         57

5.2.1      DRIVERS            58

5.2.1.1   Increasing use in oil & gas and water & wastewater industries    58

5.2.1.2   Rising demand for smart and intelligent flow meters in high-end applications              58

5.2.1.3   Stringent regulations on wastewater treatment and increasing capacity additions              58

TABLE 2             INDUSTRIAL DEMAND FOR WATER, BY CONTINENT     59

5.2.1.4   Increasing pharmaceuticals production capacity in Asia Pacific  60

5.2.2      RESTRAINTS     60

5.2.2.1   Complexity and maintenance           60

5.2.2.2   Compatibility and integration issues 60

5.2.3      OPPORTUNITIES           60

5.2.3.1   Increased investments in process automation in India and China             60

TABLE 3             GDP CONTRIBUTION OF TOP TEN LARGEST ECONOMIES, IN TERMS OF PURCHASING POWER PARITY, 2023  61

5.2.3.2   Increasing capacity expansions and joint venture activities in high-growth markets              61

5.2.4      CHALLENGES   62

5.2.4.1   High initial cost of coriolis and magnetic flow meters   62

5.2.4.2   Fit for purpose flow meters lacking in industrial end-use industry            62

5.3         PORTER’S FIVE FORCES ANALYSIS         62

FIGURE 19         FLOW METER MARKET: PORTER’S FIVE FORCES ANALYSIS              63

5.3.1      THREAT OF NEW ENTRANTS    63

5.3.2      THREAT OF SUBSTITUTES         64

5.3.3      BARGAINING POWER OF SUPPLIERS     64

5.3.4      BARGAINING POWER OF BUYERS           64

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 64

TABLE 4             FLOW METER MARKET: PORTER’S FIVE FORCES ANALYSIS              65

5.4         MACROECONOMIC INDICATORS           65

5.4.1      GDP TRENDS AND FORECAST OF MOST PROMINENT ECONOMIES              65

TABLE 5             GDP TRENDS AND FORECAST, BY MOST PROMINENT ECONOMIES, 2021–2029 (USD BILLION) 65

5.5         SUPPLY CHAIN ANALYSIS          66

FIGURE 20         FLOW METER MARKET: SUPPLY CHAIN ANALYSIS         66

5.5.1      RAW MATERIALS           66

5.5.2      MANUFACTURING        66

5.5.3      DISTRIBUTION NETWORK         67

5.5.4      END-USE INDUSTRY     67

5.6         KEY STAKEHOLDERS AND BUYING CRITERIA    67

5.6.1      KEY STAKEHOLDERS IN BUYING PROCESS         67

FIGURE 21         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TOP 3 END-USE INDUSTRIES             67

TABLE 6             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TOP 3 END-USE INDUSTRIES (%)      68

5.6.2      BUYING CRITERIA         68

FIGURE 22         KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES              68

TABLE 7             KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES              69

5.7         PRICING ANALYSIS        69

5.7.1      INDICATIVE SELLING PRICE TREND, BY REGION            69

FIGURE 23         INDICATIVE SELLING PRICE TREND, BY REGION (USD/UNIT)              69

TABLE 8             INDICATIVE AVERAGE SELLING PRICE TREND OF FLOW METER, BY REGION (USD/UNIT)            70

5.8         TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS     70

5.8.1      REVENUE SHIFTS AND NEW REVENUE POCKETS FOR FLOW METER              70

FIGURE 24         REVENUE SHIFT FOR FLOW METER MARKET    70

5.9         ECOSYSTEM ANALYSIS/MARKET MAP   71

FIGURE 25         FLOW METER MARKET: ECOSYSTEM    71

TABLE 9             FLOW METER MARKET: ECOSYSTEM    71

5.10       TECHNOLOGY ANALYSIS           73

5.10.1    KEY TECHNOLOGIES    73

5.10.1.1 Electromagnetic flow meter technology         73

5.10.2    COMPLIMENTARY TECHNOLOGIES      73

5.10.2.1 Coriolis flow meter technology         73

5.11       CASE STUDY ANALYSIS 73

5.11.1    CASE STUDY ON ELECTROMAGNETIC AND ULTRASONIC FLOW METERS USED IN HVAC SYSTEM AND STP          73

5.11.2    UTILIZATION OF ULTRASONIC FLOW METERS FOR SAURASHTRA NARMADA AVTARAN IRRIGATION YOJANA (SAUNI YOJANA)     73

5.11.3    GRUPO SUZANO USES MAGNETIC FLOW METER TO SOLVE WATER INTAKE PROBLEM AT PULP & PAPER PLANT     74

5.12       TRADE ANALYSIS          74

5.12.1    IMPORT SCENARIO       74

FIGURE 26         IMPORT OF FLOW METERS, BY KEY COUNTRY  74

TABLE 10           IMPORT OF FLOW METERS, BY REGION, 2017–2022 (USD MILLION)          75

5.12.2    EXPORT SCENARIO       75

FIGURE 27         EXPORT OF FLOW METERS, BY KEY COUNTRY  75

TABLE 11           EXPORT OF FLOW METERS, BY REGION, 2017–2022 (USD MILLION)          76

5.13       REGULATORY LANDSCAPE       76

TABLE 12           NORTH AMERICA: REGULATIONS RELATED TO FLOW METERS              76

TABLE 13           EUROPE: REGULATIONS RELATED TO FLOW METERS  77

TABLE 14           ASIA PACIFIC: REGULATIONS RELATED TO FLOW METER S              78

TABLE 15           SOUTH AMERICA: REGULATIONS RELATED TO FLOW METERS              78

TABLE 16           MIDDLE EAST & AFRICA: REGULATIONS RELATED TO FLOW METERS             79

5.13.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          79

TABLE 17           FLOW METER: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         79

5.14       KEY CONFERENCES AND EVENTS IN 2024–2025 80

TABLE 18           FLOW METER MARKET: KEY CONFERENCES AND EVENTS, 2024–2025          80

5.15       INVESTMENT AND FUNDING SCENARIO            80

TABLE 19           FLOW METER MARKET: FUNDING/INVESTMENT           80

5.16       PATENT ANALYSIS        81

5.16.1    APPROACH       81

5.16.2    PATENT TYPES 81

TABLE 20           FLOW METER MARKET: PATENT STATUS          81

FIGURE 28         PATENTS REGISTERED FOR FLOW METERS, 2013–2023  82

FIGURE 29         TOP PATENT OWNERS IN LAST 10 YEARS           82

TABLE 21           MAJOR PATENTS FOR FLOW METERS   83

5.16.3    TOP APPLICANTS          87

TABLE 22           PATENTS BY MICRO MOTION, INC.        87

TABLE 23           PATENTS BY ENDRESS+HAUSER FLOWTEC AG 88

TABLE 24           PATENTS BY HITACHI AUTOMOTIVE SYSTEMS LTD.     88

TABLE 25           TOP 10 PATENT OWNERS IN US, 2013–2023         89

FIGURE 30         LEGAL STATUS OF PATENTS FILED FOR FLOW METERS              89

5.16.4    JURISDICTION ANALYSIS           90

FIGURE 31         MAXIMUM PATENTS FILED IN JURISDICTION OF CHINA              90

6            FLOW METER MARKET, BY FLUID TYPE              91

6.1         INTRODUCTION            91

6.2         LIQUID 91

6.3         GAS      91

6.4         STEAM 92

7            FLOW METER MARKET, BY TECHNOLOGY         93

7.1         INTRODUCTION            93

7.2         ANALOG FLOW METER 93

7.3         DIGITAL FLOW METER 93

8            FLOW METER MARKET, BY TYPE            94

8.1         INTRODUCTION            95

FIGURE 32         ULTRASONIC FLOW METERS TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD 95

TABLE 26           FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION)              95

TABLE 27           FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION)              96

8.2         DIFFERENTIAL PRESSURE          97

8.2.1      HIGH RELIABILITY AND ACCURACY OF DIFFERENTIAL PRESSURE TO DRIVE MARKET 97

TABLE 28           DIFFERENTIAL PRESSURE: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)          97

TABLE 29           DIFFERENTIAL PRESSURE: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)          98

TABLE 30           DIFFERENTIAL PRESSURE: ADVANTAGES AND DISADVANTAGES          98

TABLE 31           ORIFICES: ADVANTAGES AND DISADVANTAGES            98

TABLE 32           VENTURI TUBES: ADVANTAGES AND DISADVANTAGES              99

TABLE 33           CONE METERS: ADVANTAGES AND DISADVANTAGES  99

TABLE 34           VARIABLE AREA METERS: ADVANTAGES AND DISADVANTAGES          100

TABLE 35           AVERAGING PITOTS: ADVANTAGES AND DISADVANTAGES              100

8.3         POSITIVE DISPLACEMENT         100

8.3.1      GROWING DEMAND IN VARIOUS INDUSTRIES TO DRIVE MARKET              100

TABLE 36          POSITIVE DISPLACEMENT: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)          101

TABLE 37          POSITIVE DISPLACEMENT: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)          101

TABLE 38           POSITIVE DISPLACEMENT: ADVANTAGES AND DISADVANTAGES          102

8.4         ULTRASONIC    102

8.4.1      GROWING NEED FOR EFFICIENT WATER AND ENERGY MANAGEMENT TO DRIVE MARKET       102

TABLE 39           ULTRASONIC: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION) 103

TABLE 40           ULTRASONIC: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION) 103

8.4.2      SPOOL PIECES  103

8.4.3      CLAMP-ON ULTRASONIC FLOW METERS           103

8.4.4      INSERTION ULTRASONIC FLOW METERS           104

TABLE 41           ULTRASONIC: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION) 104

TABLE 42           ULTRASONIC: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION) 104

TABLE 43           ULTRASONIC: ADVANTAGES AND DISADVANTAGES     104

8.5         TURBINE           105

8.5.1      INDUSTRIAL AUTOMATION AND PROCESS OPTIMIZATION TO DRIVE MARKET            105

TABLE 44           TURBINE: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)          105

TABLE 45           TURBINE: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)          106

TABLE 46           TURBINE: ADVANTAGES AND DISADVANTAGES            106

8.6         MAGNETIC       106

8.6.1      INCREASING DEMAND FOR CLEAN WATER AND WASTEWATER TREATMENT TO DRIVE MARKET           106

TABLE 47           MAGNETIC: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION) 107

TABLE 48           MAGNETIC: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION) 107

8.6.2      IN-LINE MAGNETIC      107

8.6.3      INSERTION MAGNETIC 108

8.6.4      LOW FLOW MAGNETIC 108

TABLE 49           MAGNETIC: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION)          108

TABLE 50           MAGNETIC: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION)          109

TABLE 51           MAGNETIC: ADVANTAGES AND DISADVANTAGES         109

8.7         CORIOLIS          109

8.7.1      BROAD RANGE OF APPLICATIONS IN VARIOUS INDUSTRIES TO DRIVE MARKET            109

TABLE 52           CORIOLIS: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)          109

TABLE 53           CORIOLIS: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)          110

8.8         VORTEX             110

8.8.1      LOW INITIAL SET-UP COST TO DRIVE MARKET 110

TABLE 54           VORTEX: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)          111

TABLE 55           VORTEX: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)          111

TABLE 56           VORTEX: ADVANTAGES AND DISADVANTAGES 111

8.9         OTHER TYPES  112

8.9.1      THERMAL FLOW METERS          112

TABLE 57           THERMAL: ADVANTAGES AND DISADVANTAGES           112

8.9.2      MULTIPHASE FLOW METERS    112

TABLE 58           OTHER TYPES: FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION) 113

TABLE 59           OTHER TYPES: FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION) 113

9            FLOW METER MARKET, BY END-USE INDUSTRY             114

9.1         INTRODUCTION            115

TABLE 60           APPLICATIONS OF FLOW METERS IN END-USE INDUSTRIES              115

FIGURE 33         OIL & GAS INDUSTRY TO REGISTER HIGHEST CAGR IN FLOW METER MARKET            117

TABLE 61           FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 117

TABLE 62           FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 118

9.2         WATER & WASTEWATER            118

9.2.1      RISING DEMAND FOR HIGH WATER QUALITY TO DRIVE MARKET              118

TABLE 63           FLOW METER MARKET IN WATER & WASTEWATER INDUSTRY, BY REGION, 2018–2022 (USD MILLION)  119

TABLE 64           FLOW METER MARKET IN WATER & WASTEWATER INDUSTRY, BY REGION, 2023–2029 (USD MILLION)  119

9.3         REFINING & PETROCHEMICAL 120

9.3.1      DEMAND FOR ACCURATE FLOW MEASUREMENT TO DRIVE MARKET              120

TABLE 65           FLOW METER MARKET IN REFINING & PETROCHEMICAL INDUSTRY, BY REGION, 2018–2022 (USD MILLION)         120

TABLE 66           FLOW METER MARKET IN REFINING & PETROCHEMICAL INDUSTRY, BY REGION, 2023–2029 (USD MILLION)         121

9.4         OIL & GAS          121

9.4.1      EXPANSION OF INFRASTRUCTURE AND DIGITALIZING OF PROCESSES TO DRIVE DEMAND      121

TABLE 67           FLOW METER MARKET IN OIL & GAS INDUSTRY, BY REGION, 2018–2022 (USD MILLION)          121

TABLE 68           FLOW METER MARKET IN OIL & GAS INDUSTRY, BY REGION, 2023–2029 (USD MILLION)          122

9.5         CHEMICAL        122

9.5.1      GROWING DEMAND FOR SPECIALTY CHEMICALS TO DRIVE MARKET              122

TABLE 69           FLOW METER MARKET IN CHEMICAL INDUSTRY, BY REGION, 2018–2022 (USD MILLION)          122

TABLE 70           FLOW METER MARKET IN CHEMICAL INDUSTRY, BY REGION, 2023–2029 (USD MILLION)          123

9.6         POWER GENERATION   123

9.6.1      NEED TO MEASURE NON-CONDUCTIVE LIQUIDS USED IN POWER GENERATION TO DRIVE MARKET          123

TABLE 71           FLOW METER MARKET IN POWER GENERATION INDUSTRY, BY REGION, 2018–2022 (USD MILLION)       124

TABLE 72           FLOW METER MARKET IN POWER GENERATION INDUSTRY, BY REGION, 2023–2029 (USD MILLION)       124

9.7         PULP & PAPER  125

9.7.1      NEED FOR PRESSURE & TEMPERATURE AND PROCESS & INVENTORY LEVEL MEASUREMENTS TO DRIVE MARKET      125

TABLE 73           FLOW METER MARKET IN PULP & PAPER INDUSTRY, BY REGION, 2018–2022 (USD MILLION)       125

TABLE 74           FLOW METER MARKET IN PULP & PAPER INDUSTRY, BY REGION, 2023–2029 (USD MILLION)       126

9.8         FOOD & BEVERAGE       126

9.8.1      NECESSITY TO COMPLY WITH ENVIRONMENTAL REGULATIONS TO DRIVE DEMAND             126

TABLE 75           FLOW METER MARKET IN FOOD & BEVERAGE INDUSTRY, BY REGION, 2018–2022 (USD MILLION)       126

TABLE 76           FLOW METER MARKET IN FOOD & BEVERAGE INDUSTRY, BY REGION, 2023–2029 (USD MILLION)       127

9.9         PHARMACEUTICAL       127

9.9.1      SIGNIFICANT RISE IN PRODUCTION OF PHARMACEUTICALS TO DRIVE DEMAND           127

TABLE 77           FLOW METER MARKET IN PHARMACEUTICAL INDUSTRY, BY REGION, 2018–2022 (USD MILLION)       128

TABLE 78           FLOW METER MARKET IN PHARMACEUTICAL, BY REGION, 2023–2029 (USD MILLION)          128

9.10       METALS & MINING        128

9.10.1    WIDE APPLICATIONS IN METALS & MINING INDUSTRY TO DRIVE DEMAND           128

TABLE 79           FLOW METER MARKET IN METALS & MINING INDUSTRY, BY REGION, 2018–2022 (USD MILLION)       129

TABLE 80           FLOW METER MARKET IN METALS & MINING INDUSTRY, BY REGION, 2023–2029 (USD MILLION)       129

9.11       OTHER END-USE INDUSTRIES  130

TABLE 81           FLOW METER MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2018–2022 (USD MILLION)       130

TABLE 82           FLOW METER MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2023–2029 (USD MILLION)       130

10          FLOW METER MARKET, BY REGION       131

10.1       INTRODUCTION            132

FIGURE 34         ASIA PACIFIC TO REGISTER HIGHEST CAGR BETWEEN 2024 AND 2029           132

TABLE 83           FLOW METER MARKET, BY REGION, 2018–2022 (USD MILLION)              132

TABLE 84           FLOW METER MARKET, BY REGION, 2023–2029 (USD MILLION)              133

10.2       ASIA PACIFIC    133

FIGURE 35         ASIA PACIFIC: FLOW METER MARKET SNAPSHOT          134

10.2.1    RECESSION IMPACT      134

10.2.2    ASIA PACIFIC: FLOW METER MARKET, BY TYPE 135

TABLE 85           ASIA PACIFIC: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION)          135

TABLE 86           ASIA PACIFIC: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION)          136

10.2.3    ASIA PACIFIC: FLOW METER MARKET, BY END-USE INDUSTRY 136

TABLE 87           ASIA PACIFIC: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          136

TABLE 88           ASIA PACIFIC: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          137

10.2.4    ASIA PACIFIC: FLOW METER MARKET, BY COUNTRY     137

TABLE 89           ASIA PACIFIC: FLOW METER MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 137

TABLE 90           ASIA PACIFIC: FLOW METER MARKET, BY COUNTRY, 2023–2029 (USD MILLION) 138

10.2.4.1 China     138

10.2.4.1.1            Strong growth of manufacturing sector to drive market 138

TABLE 91           CHINA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)     139

TABLE 92           CHINA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)     139

10.2.4.2 Japan     140

10.2.4.2.1            Growing investment in chemical and power generation industries to support market growth       140

TABLE 93           JAPAN: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)     140

TABLE 94           JAPAN: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)     141

10.2.4.3 India      141

10.2.4.3.1            Growing FDI investments in manufacturing industry to support market growth   141

TABLE 95           INDIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)     142

TABLE 96           INDIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)     142

10.2.4.4 South Korea        143

10.2.4.4.1            Investments in water & wastewater treatment industry to play key role in market growth     143

TABLE 97           SOUTH KOREA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)   143

TABLE 98           SOUTH KOREA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)   144

10.2.4.5 Malaysia 144

10.2.4.5.1            Oil & gas industry to play key role in market growth    144

TABLE 99           MALAYSIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          145

TABLE 100         MALAYSIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          145

10.2.4.6 Australia & New Zealand   146

10.2.4.6.1            Fuel industry to drive demand         146

TABLE 101         AUSTRALIA & NEW ZEALAND: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)         146

TABLE 102         AUSTRALIA & NEW ZEALAND: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)         147

10.3       NORTH AMERICA          147

FIGURE 36         NORTH AMERICA: FLOW METER MARKET SNAPSHOT  148

10.3.1    RECESSION IMPACT      148

10.3.2    NORTH AMERICA: FLOW METER MARKET, BY TYPE      149

TABLE 103         NORTH AMERICA: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION) 149

TABLE 104         NORTH AMERICA: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION) 149

10.3.3    NORTH AMERICA: FLOW METER MARKET, BY END-USE INDUSTRY              150

TABLE 105         NORTH AMERICA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)   150

TABLE 106         NORTH AMERICA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)   150

10.3.4    NORTH AMERICA: FLOW METER MARKET, BY COUNTRY            151

TABLE 107         NORTH AMERICA: FLOW METER MARKET, BY COUNTRY, 2018–2022 (USD MILLION)     151

TABLE 108         NORTH AMERICA: FLOW METER MARKET, BY COUNTRY, 2023–2029 (USD MILLION)     151

10.3.4.1 US         151

10.3.4.1.1            Slump in oil & gas and chemical production to have significant impact on market   151

TABLE 109         US: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 152

TABLE 110         US: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 153

10.3.4.2 Canada  153

10.3.4.2.1            Growing government investments in water & wastewater industry to boost market        153

TABLE 111         CANADA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          154

TABLE 112         CANADA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          154

10.3.4.3 Mexico  155

10.3.4.3.1            Increasing investments in oil & gas and growing food & beverage industry to drive market    155

TABLE 113         MEXICO: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          155

TABLE 114         MEXICO: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          156

10.4       EUROPE             156

FIGURE 37         EUROPE: FLOW METER MARKET SNAPSHOT     157

10.4.1    RECESSION IMPACT      157

10.4.2    EUROPE: FLOW METER MARKET, BY TYPE         158

TABLE 115         EUROPE: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION)          158

TABLE 116         EUROPE: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION)          159

10.4.3    EUROPE: FLOW METER MARKET, BY END-USE INDUSTRY          159

TABLE 117         EUROPE: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          159

TABLE 118         EUROPE: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          160

10.4.4    EUROPE: FLOW METER MARKET, BY COUNTRY 160

TABLE 119         EUROPE: FLOW METER MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 160

TABLE 120         EUROPE: FLOW METER MARKET, BY COUNTRY, 2023–2029 (USD MILLION) 161

10.4.4.1 Germany             161

10.4.4.1.1            Strong economic recovery post-COVID-19 pandemic to favor market growth   161

TABLE 121         GERMANY: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          162

TABLE 122         GERMANY: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          162

10.4.4.2 France   163

10.4.4.2.1            Government initiatives to boost manufacturing sector to support market              163

TABLE 123         FRANCE: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          163

TABLE 124         FRANCE: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          164

10.4.4.3 UK         164

10.4.4.3.1            Growing water treatment and chemical industries to drive demand              164

TABLE 125         UK: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 165

TABLE 126         UK: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 165

10.4.4.4 Italy       166

10.4.4.4.1            Industrial sector to drive flow meter market   166

TABLE 127         ITALY: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)     166

TABLE 128         ITALY: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)     167

10.4.4.5 Spain     167

10.4.4.5.1            Strong focus on revival of economy to propel market    167

TABLE 129         SPAIN: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)     168

TABLE 130         SPAIN: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)     168

10.4.4.6 Scandinavia         169

10.4.4.6.1            Export-oriented economy to drive market      169

TABLE 131         SCANDINAVIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)   169

TABLE 132         SCANDINAVIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)   170

10.5       SOUTH AMERICA           170

10.5.1    RECESSION IMPACT      170

10.5.2    SOUTH AMERICA: FLOW METER MARKET, BY TYPE       171

TABLE 133         SOUTH AMERICA: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION) 171

TABLE 134         SOUTH AMERICA: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION) 171

10.5.3    SOUTH AMERICA: FLOW METER MARKET, BY END-USE INDUSTRY              172

TABLE 135         SOUTH AMERICA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)   172

TABLE 136         SOUTH AMERICA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)   172

10.5.4    SOUTH AMERICA: FLOW METER MARKET, BY COUNTRY            173

TABLE 137         SOUTH AMERICA: FLOW METER MARKET, BY COUNTRY, 2018–2022 (USD MILLION)     173

TABLE 138         SOUTH AMERICA: FLOW METER MARKET, BY COUNTRY, 2023–2029 (USD MILLION)     173

10.5.4.1 Brazil     173

10.5.4.1.1            Rising demand from chemical and oil & gas industries to support market growth   173

TABLE 139         BRAZIL: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)     174

TABLE 140         BRAZIL: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)     175

10.5.4.2 Argentina            175

10.5.4.2.1            Oil & natural gas sector to drive flow meter market      175

TABLE 141         ARGENTINA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)          176

TABLE 142         ARGENTINA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          177

10.6       MIDDLE EAST & AFRICA             177

10.6.1    RECESSION IMPACT      178

10.6.2    MIDDLE EAST & AFRICA: FLOW METER MARKET, BY TYPE         178

TABLE 143         MIDDLE EAST & AFRICA: FLOW METER MARKET, BY TYPE, 2018–2022 (USD MILLION)          178

TABLE 144         MIDDLE EAST & AFRICA: FLOW METER MARKET, BY TYPE, 2023–2029 (USD MILLION)          179

10.6.3    MIDDLE EAST & AFRICA: FLOW METER MARKET, BY END-USE INDUSTRY         179

TABLE 145         MIDDLE EAST & AFRICA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)   179

TABLE 146         MIDDLE EAST & AFRICA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)   180

10.6.4    MIDDLE EAST & AFRICA: FLOW METER MARKET, BY COUNTRY 180

TABLE 147         MIDDLE EAST & AFRICA: FLOW METER MARKET, BY COUNTRY, 2018–2022 (USD MILLION)          180

TABLE 148         MIDDLE EAST & AFRICA: FLOW METER MARKET, BY COUNTRY, 2023–2029 (USD MILLION)          181

10.6.4.1 GCC Countries    181

10.6.4.1.1            Expansion of oil & gas industry to support market growth          181

10.6.4.1.2            Saudi Arabia        182

10.6.4.1.2.1         Growing investment in expansion of desalination capacity to support market growth     182

TABLE 149         SAUDI ARABIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)   182

TABLE 150         SAUDI ARABIA: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)   183

10.6.4.2 Iran        183

10.6.4.2.1            Doubling of oil production to significantly impact flow meter market              183

TABLE 151         IRAN: FLOW METER MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)     184

TABLE 152         IRAN: FLOW METER MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)     184

11          COMPETITIVE LANDSCAPE       185

11.1       INTRODUCTION            185

11.2       KEY PLAYER STRATEGIES/ RIGHT TO WIN         185

TABLE 153         OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS OF FLOW METERS   185

11.3       MARKET SHARE ANALYSIS         187

TABLE 154         FLOW METER MARKET: DEGREE OF COMPETITION      188

FIGURE 38         EMERSON ELECTRIC CO. LED FLOW METER MARKET IN 2023              188

11.3.1    RANKING OF KEY MARKET PLAYERS, 2023          190

FIGURE 39         RANKING OF KEY MARKET PLAYERS OF FLOW METERS, 2023              190

11.4       REVENUE ANALYSIS OF MAJOR PLAYERS (2019–2023)     190

FIGURE 40         REVENUE ANALYSIS OF KEY COMPANIES IN LAST 5 YEARS              190

11.5       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   191

11.5.1    STARS  191

11.5.2    EMERGING LEADERS    191

11.5.3    PERVASIVE PLAYERS     191

11.5.4    PARTICIPANTS 191

FIGURE 41         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   192

11.5.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      193

11.5.5.1 Company footprint            193

FIGURE 42         FLOW METER MARKET: COMPANY FOOTPRINT             193

11.5.5.2 Region footprint  194

TABLE 155         FLOW METER MARKET: REGION FOOTPRINT   194

11.5.5.3 Type footprint     195

TABLE 156         FLOW METER MARKET: TYPE FOOTPRINT        195

11.5.5.4 End-use industry footprint 196

TABLE 157         FLOW METER MARKET: END-USE INDUSTRY FOOTPRINT              196

11.6       COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023         197

11.6.1    PROGRESSIVE COMPANIES       197

11.6.2    RESPONSIVE COMPANIES          197

11.6.3    DYNAMIC COMPANIES 197

11.6.4    STARTING BLOCKS       197

FIGURE 43         COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023              198

11.6.5    COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023           198

11.6.5.1 Flow meter market: key start-ups/SMES        198

11.6.5.2 Flow meter market: competitive benchmarking of key start-ups/SMES    199

11.7       COMPANY VALUATION AND FINANCIAL METRICS        199

FIGURE 44         COMPANY VALUATION OF KEY PLAYERS           199

FIGURE 45         EV/EBITDA OF KEY PLAYERS    200

11.8       BRAND/PRODUCT COMPARISON ANALYSIS      200

11.9       COMPETITIVE SITUATIONS AND TRENDS         201

11.9.1    PRODUCT LAUNCHES  201

TABLE 158         FLOW METER MARKET: PRODUCT LAUNCHES (JANUARY 2018– DECEMBER 2023)           201

11.9.2    DEALS  203

TABLE 159         FLOW METER MARKET: DEALS (JANUARY 2018– DECEMBER 2023)    203

11.9.3    EXPANSIONS    205

TABLE 160         FLOW METER MARKET: EXPANSIONS (JANUARY 2018– DECEMBER 2023)           205

11.9.4    OTHER DEVELOPMENTS           207

TABLE 161         FLOW METER MARKET: OTHER DEVELOPMENTS (JANUARY 2018– DECEMBER 2023) 207

12          COMPANY PROFILES    208

12.1       KEY PLAYERS   208

(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*

12.1.1    HONEYWELL INTERNATIONAL INC.      208

TABLE 162         HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW              208

FIGURE 46         HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT              209

TABLE 163         HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   209

12.1.2    SIEMENS AG      211

TABLE 164         SIEMENS AG: COMPANY OVERVIEW      211

FIGURE 47         SIEMENS AG: COMPANY SNAPSHOT      212

TABLE 165         SIEMENS AG : PRODUCTS/SOLUTIONS/SERVICES OFFERED              212

12.1.3    EMERSON ELECTRIC CO.           214

TABLE 166         EMERSON ELECTRIC CO.: COMPANY OVERVIEW            214

FIGURE 48         EMERSON ELECTRIC CO.: COMPANY SNAPSHOT            215

TABLE 167         EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          215

TABLE 168         EMERSON ELECTRIC CO.: PRODUCT LAUNCHES            216

TABLE 169         EMERSON ELECTRIC CO.: OTHER DEVELOPMENTS       217

12.1.4    ABB LTD.           219

TABLE 170         ABB LTD.: COMPANY OVERVIEW           219

FIGURE 49         ABB LTD.: COMPANY SNAPSHOT           220

TABLE 171         ABB LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              220

12.1.5    YOKOGAWA ELECTRIC CORPORATION 223

TABLE 172         YOKOGAWA ELECTRIC CORPORATION: COMPANY OVERVIEW              223

FIGURE 50         YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT              224

TABLE 173         YOKOGAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   224

TABLE 174         YOKOGAWA ELECTRIC CORPORATION: DEALS 225

TABLE 175         YOKOGAWA ELECTRIC CORPORATION: EXPANSIONS   225

12.1.6    AZBIL CORPORATION  227

TABLE 176         AZBIL CORPORATION: COMPANY OVERVIEW   227

FIGURE 51         AZBIL CORPORATION: COMPANY SNAPSHOT   228

TABLE 177         AZBIL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          228

TABLE 178         AZBIL CORPORATION: DEALS  229

TABLE 179         AZBIL CORPORATION: EXPANSIONS     230

12.1.7    BADGER METER, INC.   232

TABLE 180         BADGER METER, INC.: COMPANY OVERVIEW    232

FIGURE 52         BADGER METER, INC.: COMPANY SNAPSHOT   232

TABLE 181         BADGER METER, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          233

TABLE 182         BADGER METER, INC.: DEALS   234

TABLE 183         BADGER METER, INC.: EXPANSIONS      235

12.1.8    ENDRESS+HAUSER MANAGEMENT AG 236

TABLE 184         ENDRESS+HAUSER MANAGEMENT AG: COMPANY OVERVIEW              236

FIGURE 53         ENDRESS+HAUSER MANAGEMENT AG: COMPANY SNAPSHOT              236

TABLE 185         ENDRESS+HAUSER MANAGEMENT AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED   237

TABLE 186         ENDRESS+HAUSER MANAGEMENT AG: DEALS  238

TABLE 187         ENDRESS+HAUSER MANAGEMENT AG: EXPANSIONS    239

12.1.9    KROHNE MESSTECHNIK GMBH 240

TABLE 188         KROHNE MESSTECHNIK GMBH: COMPANY OVERVIEW 240

TABLE 189         KROHNE MESSTECHNIK GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED   240

TABLE 190         KROHNE MESSTECHNIK GMBH: PRODUCT LAUNCHES 242

12.1.10  SCHNEIDER ELECTRIC SE          243

TABLE 191         SCHNEIDER ELECTRIC SE: COMPANY OVERVIEW           243

FIGURE 54         SCHNEIDER ELECTRIC SE: COMPANY SNAPSHOT           244

TABLE 192         SCHNEIDER ELECTRIC SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED          245

TABLE 193         SCHNEIDER ELECTRIC SE: EXPANSIONS             245

12.2       START-UPS/SMES          246

12.2.1    BROOKS INSTRUMENTS LLC     246

TABLE 194         BROOKS INSTRUMENTS LLC: COMPANY OVERVIEW     246

12.2.2    FUJI ELECTRIC CO., LTD.           246

TABLE 195         FUJI ELECTRIC CO., LTD.: COMPANY OVERVIEW            246

12.2.3    KEM KÜPPERS ELEKTROMECHANIK GMBH       247

TABLE 196         KEM KÜPPERS ELEKTROMECHANIK GMBH: COMPANY OVERVIEW        247

12.2.4    MAX MACHINERY, INC. 247

TABLE 197         MAX MACHINERY, INC.: COMPANY OVERVIEW 247

12.2.5    PARKER HANNIFIN CORP.          248

TABLE 198         PARKER HANNIFIN CORP.: COMPANY OVERVIEW          248

12.2.6    TASI GROUP     248

TABLE 199         TASI GROUP: COMPANY OVERVIEW      248

12.2.7    SENSIRION AG  249

TABLE 200         SENSIRION AG: COMPANY OVERVIEW  249

12.2.8    SICK AG             249

TABLE 201         SICK AG: COMPANY OVERVIEW 249

12.2.9    THERMAL INSTRUMENT CO.    250

TABLE 202         THERMAL INSTRUMENT CO.: COMPANY OVERVIEW     250

12.2.10  KATRONIC TECHNOLOGIES LTD.          250

TABLE 203         KATRONIC TECHNOLOGIES LTD.: COMPANY OVERVIEW              250

12.2.11  FLOW METER GROUP   251

TABLE 204         FLOW METER GROUP: COMPANY OVERVIEW   251

12.2.12  OMNI FLOW COMPUTERS, INC. 251

TABLE 205         OMNI FLOW COMPUTERS, INC.: COMPANY OVERVIEW 251

12.2.13  HENAN DAFANG DINGSHENG FLOW INSTRUMENT CO., LTD.   252

TABLE 206         HENAN DAFANG DINGSHENG FLOW INSTRUMENT CO., LTD.:

COMPANY OVERVIEW  252

12.2.14  FLOW-TRONIC S.A.        252

TABLE 207         FLOW-TRONIC S.A.: COMPANY OVERVIEW        252

12.2.15  MCCROMETER 253

TABLE 208         MCCROMETER: COMPANY OVERVIEW  253

*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

13          ADJACENT & RELATED MARKETS          254

13.1       INTRODUCTION            254

13.2       LIMITATIONS   254

13.3       INTELLIGENT FLOW METER MARKET   254

13.3.1    MARKET DEFINITION   254

13.3.2    MARKET OVERVIEW     255

13.4       INTELLIGENT FLOW METER MARKET, BY REGION         255

TABLE 209         INTELLIGENT FLOW METER MARKET, BY REGION, 2017–2025 (USD MILLION) 255

13.4.1    NORTH AMERICA          255

TABLE 210         INTELLIGENT FLOW METER MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)    255

13.4.2    EUROPE             256

TABLE 211         INTELLIGENT FLOW METER MARKET IN EUROPE, BY COUNTRY,

2017–2025 (USD MILLION)          256

13.4.3    ASIA PACIFIC    256

TABLE 212         INTELLIGENT FLOW METER MARKET IN ASIA PACIFIC, BY COUNTRY,

2017–2025 (USD MILLION)          256

13.4.4    ROW     257

TABLE 213         INTELLIGENT FLOW METER MARKET IN ROW, BY REGION,

2017–2025 (USD MILLION)          257

14          APPENDIX         258

14.1       DISCUSSION GUIDE      258

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             261

14.3       CUSTOMIZATION OPTIONS      263

14.4       RELATED REPORTS       263

14.5       AUTHOR DETAILS         264