Title:
Intelligent Flow Meter Market Report, By Type (Magnetic, Coriolis, Ultrasonic, Vortex, Multiphase, Thermal, Turbine, Variable Area & Differential Pressure), By End-use Industries (Automotive, Aerospace & Defense, BFSI, Healthcare, Manufacturing, Retail, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027.
Intelligent flow meter is an electronic device that is used to measure linear and non-linear volumetric flow of the liquid. Intelligent flow meters are used in many industries such as food & beverages, oil & gas, chemical, and pharmaceuticals. The demand for intelligent flow meters is increasing, as they are more reliable, accurate, and stable for calibration. The adoption of flow measurement technologies in various industries such as petroleum, chemical, oil & gas, and wastewater has increased the demand for intelligent flow meters in the market. The demand for flow rate measurement in the oil & gas industry is increasing, owing to the detection of shale gas reserves in North America, Europe, and Asia Pacific regions. Furthermore, custody transfer in the oil & gas industry is one of the major applications that create lucrative opportunities for intelligent flow meters.
Market Dynamics
The global intelligent flow meter market is expected to grow significantly during the forecast period, owing to the increasing adoption of internet of things (IoT) based sensors for smart flow meter solutions. Advancement in technologies such as digital readouts, advanced sensors, wireless monitoring, and control are also driving the market growth. The advanced IoT enables automatic readings, collects data automatically, and remotely. Technological advancements in products, increasing urbanization, growing population, and rising disposable income are some of the factors that are expected to propel the market growth during the forecast period. However, calibration of intelligent flow meters is a time-consuming process that is expected to hinder the market growth in the near future.
Increasing demand for intelligent flow meters from many industries such as oil & gas, chemical, and water & wastewater is expected to drive the market growth during the forecast period. These flow meters are used in these industries to measure the flow of liquid or gas on a real-time basis. The demand for intelligent flow meters is increasing in the oil & gas industry in order to calibrate fluid precisely and accurately. For instance, in March 2018, ABB, a Switzerland-based automation company, announced a collaboration with Arundo Analytics, a U.S.-based software company. Through this collaboration, ABB and Arundo Analytics created a cloud-based virtual flow meter for the offshore oil & gas industry. Demand for continuous and accurate flow measurement is fulfilled by installing intelligent flow meters in various industries. Furthermore, increasing disposable income and rapid urbanization across emerging economies in Asia Pacific drive the need for power generation, adequate water, and wastewater management. For instance, in China, according to the National Bureau of Statistics (NBS), rural and urban per capita, disposable income reached US$ 5,658.45 from US$ 2,107.2 in 2018.
Moreover, several global players across different regions are focusing on launching new products with new features and technologies in order to gain competitive edge in the market. Industries are focusing on developing new products with new features to cater to the demand from the end users. For instance, in February 2020, Endress+ Houser, a Swiss-based company who provides products and services for industrial process measurement and automation launched, Proline Prosonic Flow G 300/500 Ultrasonic Flowmeter with integrated pressure and temperature sensor in order to provide highly accurate and precise values.
Key features of the study:
- This report provides in-depth analysis of the global intelligent flow meter market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2020- 2027), considering 2019 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the global intelligent flow meter market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Companies covered as a part of this study include ABB, Emerson Electric Co., Siemens, Honeywell International Inc., Yokogawa Electric Corporation, Azbil Corporation, BrooksInstrument, Sierra Instruments, Inc., KROHNE Messtechnik GmbH, General Electric, RIELS INSTRUMENTS S.r.l., KOBOLD Messring GmbH, DISTRIBUIDORA INTERNACIONAL CARMEN, S.A.U, Baker Hughes, and Fuji Electric Co., Ltd.
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The global intelligent flow meter market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global intelligent flow meter market
- Global Intelligent Flow Meter Market, By Type:
- Magnetic
- Coriolis
- Ultrasonic
- Vortex
- Multiphase
- Thermal
- Turbine
- Variable Area
- Differential Pressure
- Global Intelligent Flow Meter Market, By End-use Industries:
- Chemicals
- Power Generation
- Food and Beverages
- Metals & Mining
- Oil & Gas
- Paper & Pulp
- Pharmaceuticals
- Water & Wastewater
- Others
- Global Intelligent Flow Meter Market, By Region:
- North America
- Magnetic
- Coriolis
- Ultrasonic
- Vortex
- Multiphase
- Thermal
- Turbine
- Variable Area
- Differential Pressure
- Chemicals
- Power Generation
- Food and Beverages
- Metals & Mining
- Oil & Gas
- Paper & Pulp
- Pharmaceuticals
- Water & Wastewater
- Others
- U.S.
- Canada
- Europe
- Magnetic
- Coriolis
- Ultrasonic
- Vortex
- Multiphase
- Thermal
- Turbine
- Variable Area
- Differential Pressure
- Chemicals
- Power Generation
- Food and Beverages
- Metals & Mining
- Oil & Gas
- Paper & Pulp
- Pharmaceuticals
- Water & Wastewater
- Others
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Magnetic
- Coriolis
- Ultrasonic
- Vortex
- Multiphase
- Thermal
- Turbine
- Variable Area
- Differential Pressure
- Chemicals
- Power Generation
- Food and Beverages
- Metals & Mining
- Oil & Gas
- Paper & Pulp
- Pharmaceuticals
- Water & Wastewater
- Others
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Magnetic
- Coriolis
- Ultrasonic
- Vortex
- Multiphase
- Thermal
- Turbine
- Variable Area
- Differential Pressure
- Chemicals
- Power Generation
- Food and Beverages
- Metals & Mining
- Oil & Gas
- Paper & Pulp
- Pharmaceuticals
- Water & Wastewater
- Others
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- Magnetic
- Coriolis
- Ultrasonic
- Vortex
- Multiphase
- Thermal
- Turbine
- Variable Area
- Differential Pressure
- Chemicals
- Power Generation
- Food and Beverages
- Metals & Mining
- Oil & Gas
- Paper & Pulp
- Pharmaceuticals
- Water & Wastewater
- Others
- GCC Countries
- South Africa
- Rest of Middle East and Africa
- Company Profiles
- ABB*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Emerson Electric Co.
- Siemens
- Honeywell International Inc.
- Yokogawa Electric Corporation
- Azbil Corporation
- BrooksInstrument
- Sierra Instruments, Inc.
- KROHNE Messtechnik GmbH
- General Electric
- RIELS INSTRUMENTS S.r.l.
- KOBOLD Messring GmbH
- DISTRIBUIDORA INTERNACIONAL CARMEN, S.A.U
- Baker Hughes
- Fuji Electric Co., Ltd.
"*" marked represents similar segmentation in other categories in the respective section.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By End-use Industries
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Value Chain Analysis
- Porter's Analysis
- PEST Analysis
- Impact of COVID-19
4. Global Intelligent Flow Meter Market, By Type, 2020-2027 (US$ Billion)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Segment Trends
- Magnetic
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Coriolis
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Ultrasonic
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Vortex
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Multiphase
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Thermal
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Turbine
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Variable Area
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Differential Pressure
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
5. Global Intelligent Flow Meter Market, By End-use Industries, 2020-2027 (US$ Billion)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Segment Trends
- Chemicals
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Power Generation
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Food and Beverages
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Metals & Mining
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Oil & Gas
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Paper & Pulp
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Pharmaceuticals
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Water & Wastewater
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
- Others
- Introduction
- Market Size and Forecast, 2020-2027, (US$ Billion)
6. Global Intelligent Flow Meter Market, By Region, 2020-2027 (US$ Billion)
- Introduction
- Market Share Analysis, By Region, 2020 and 2027 (%)
- North America
- Regional Trends
- Market Size and Forecast, By Type, 2020-2027 (US$ Billion)
- Market Size and Forecast, By End-use Industries, 2020-2027 (US$ Billion)
- Market Share Analysis, By Country, 2020 and 2027 (%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Type, 2020-2027 (US$ Billion)
- Market Size and Forecast, By End-use Industries, 2020-2027 (US$ Billion)
- Market Share Analysis, By Country, 2020 and 2027 (%)
- U.K.
- Germany
- Spain
- Italy
- France
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Type, 2020-2027 (US$ Billion)
- Market Size and Forecast, By End-use Industries, 2020-2027 (US$ Billion)
- Market Share Analysis, By Country, 2020 and 2027 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Type, 2020-2027 (US$ Billion)
- Market Size and Forecast, By End-use Industries, 2020-2027 (US$ Billion)
- Market Share Analysis, By Country, 2020 and 2027 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East and Africa
- Regional Trends
- Market Size and Forecast, By Type, 2020-2027 (US$ Billion)
- Market Size and Forecast, By End-use Industries, 2020-2027 (US$ Billion)
- Market Share Analysis, By Country/Region, 2020 and 2027 (%)
- South Africa
- GCC Countries
- Rest of the Middle East and Africa
7. Competitive Landscape
- Company Profiles
- ABB
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Emerson Electric Co.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Siemens
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Honeywell International Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Yokogawa Electric Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Azbil Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- BrooksInstrument
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Sierra Instruments, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- KROHNE Messtechnik GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- General Electric
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- RIELS INSTRUMENTS S.r.l.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- KOBOLD Messring GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- DISTRIBUIDORA INTERNACIONAL CARMEN, S.A.U
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Baker Hughes
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Fuji Electric Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Analyst Views
8. Section
- References
- Research Methodology
- About us and Sales Contact
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