Flow Meters Market Worth USD 8.72 Billion by 2021 - Rising Demand for Accurate Measuring Instruments - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Flow Meters Market - Global Forecast to 2021" report to their offering.

The flow meter market is projected to reach USD 8.72 Billion by 2021, registering a CAGR of 6.4% between 2016 and 2021.

The market for flow meters is largely driven by the rising demand for accurate measuring instruments from water & waste water and oil & gas industries. There is an increased demand for reliable flow meters which is driving the market of ultrasonic and coriolis flow meters.

Owing to its properties such as safety, accuracy reliability, availability and efficiency, flow meters are used in various applications of oil & gas. This includes its use in custody transfer measurement, mass flow measurement of crude oil, fluid loss & leak detection, process gas flow, hydraulic fluid flow sensing, among others. The rising demand for flow meters in Middle East & Africa and Asia-Pacific are expected to boost the growth of the flow meters market in the oil & gas industry.

The rising demand for smart flow meters is driving the growth of the flow meters market in Asia-Pacific. The market in the region is driven by the increased demand from China and India. China is the largest market in the region. Oil & gas, pharmaceutical and food & beverage industries are gaining momentum in the region which is estimated to drive the market for flow meters. These are the major end-use industries of flow meters in this region. Thus, the demand for flow meters in the region is increasing. Furthermore, the rising demand from water & waste water industry is estimated to boost the growth of the flow meters market in the region.

Companies Mentioned:

  • Abb Ltd.
  • Azbil Corporation
  • Badger Meter Inc.
  • Brooks Instruments Llc
  • Emerson Electric Co.
  • Endress+Hauser Management Ag
  • Equflow B.V.
  • Honeywell International Inc.
  • Kem K├╝ppers Elektromechanik Gmbh
  • Krohne Messtechnik Gmbh
  • Max Machinery, Inc.
  • Parker Hannifin Corp.
  • Schneider Electric Se
  • Seametrics Inc.
  • Sensirion Ag
  • Sick Ag
  • Siemens Ag
  • Sierra Instruments, Inc.
  • Yokogawa Electric Corporation

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Flow Meters Market, By Type

8 Flow Meters Market, By Application

9 Flow Meters Market, By Region

10 Competitive Landscape

11 Company Profile

For more information about this report visit http://www.researchandmarkets.com/research/mtk4c9/flow_meters

Related Topics: Capacitive Sensors

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Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716