Global Magnetic Flowmeters Market Analysis & Forecast, 2019-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Magnetic Flowmeters Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

Effectiveness of magnetic flowmeter in process industry

Magnetic flowmeters are highly effective in the measurement of thickened sludge and liquid with high solid content. These flowmeters have low calibration requirements and can measure liquid properties such as conductivity and density with high accuracy.

The presence of abrasion and corrosion resistant liners also allows magnetic flowmeters to measure erosive fluids, slurry, acids, and bases. Moreover, magnetic flowmeters do not have any moving parts which makes them less prone to failures and reduces the maintenance cost.

The high effectiveness of magnetic flowmeters will boost its adoption in the process industry and consequently drive market growth at a CAGR of over 5% during the forecast period.

Technological innovations

Market vendors are focusing on the development of smart magnetic flowmeters for high flow rate applications which will provide highly accurate data and minimize downtime of end-user industries.

Smart magnetic flowmeters are equipped with advanced flowmeter technology and can be operated by remote process control and monitoring systems. Moreover, these types of magnetic flowmeters are easy to install and eliminate the need for flow computers.

Such technological innovations are expected to boost the demand of magnetic flowmeters in the forthcoming years.

Market Drivers & Restraints

The market looks at factors such as effectiveness of magnetic flowmeter in process industry, increasing investments in water and wastewater treatment industry, and rising demand for hygienic magnetic flowmeter.

However, availability of alternatives, slowdown in investment in mining and metals industry, and technical challenges may hamper the growth of the magnetic flowmeters industry over the forecast period.

Segment Analysis

This global magnetic flowmeters market analysis considers the demand from end-users such as water and wastewater, chemicals, mining and metals, food and beverages, and others. The analysis also considers the growth of the magnetic flowmeters market in APAC, Europe, MEA, North America, and South America.

In 2018, the water and wastewater segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as ability of magnetic flowmeters to measure thickened sludge and totalized flow measurement will play a significant role in the water and wastewater segment to maintain its market position.

Competitive Landscape

With the presence of several players, the global magnetic flowmeters market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several magnetic flowmeters companies that include:

  • ABB Ltd.
  • Badger Meter Inc.
  • Emerson Electric Co.
  • Endress+Hauser Management AG
  • Siemens AG
  • Yokogawa Electric Corp.

Also, the magnetic flowmeters market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY END-USER

  • Comparison by end-user
  • Water and wastewater - Market size and forecast 2018-2023
  • Chemicals - Market size and forecast 2018-2023
  • Mining and metals - Market size and forecast 2018-2023
  • Food and beverages - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Rising public-private partnerships in wastewater industry
  • Increasing focus on preventive maintenance
  • Technological innovations

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ABB Ltd.
  • Badger Meter Inc.
  • Emerson Electric Co.
  • Endress+Hauser Management AG
  • Siemens AG
  • Yokogawa Electric Corp.

For more information about this report visit https://www.researchandmarkets.com/r/35xk3v

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Related Topics: Capacitive Sensors

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press 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
Related Topics: Capacitive Sensors