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Flow Meters Market - Global Trends & Forecast to 2019


Flow Meters Market by Type (Differential Pressure, Positive Displacement, Magnetic, Ultrasonic, Coriolis Turbine, Vortex and Others) and by Application (Water & Wastewater, Oil & Gas, Refining & Petrochemicals, Food & Beverages, Chemicals, Power Generation and Others) - Global Trends & Forecast to 2019 – PowerPoint PPT presentation

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Title: Flow Meters Market - Global Trends & Forecast to 2019

MarketsandMarkets Presents
  • Flow Meters Market
  • Global Trends Forecast to 2019

  • Flow meter is an instrument which is used to
    measure volume of fluid passing through certain
    point over a given time. A flow meter usually
    consists of a tube, indicator, stop, and scale.
    The performance of flow meter depends on density,
    pressure, viscosity, and temperature of the
    fluid. It is measured by accuracy, repeatability,
    linearity, and range-ability of the instrument.
    The global flow meters market is estimated to
    grow at a CAGR of 7.2 from 2014 to 2019 to reach
    a value of 7.9 billion.
  • Rapid industrialization and growing population in
    the Asia-Pacific region are driving the demand
    for flow meters. Mushrooming population of the
    Asia-Pacific requires huge water and wastewater
    management infrastructure in the region. That in
    turn creates significant opportunities for the
    flow meter manufacturers to expand in this
    region. The Middle East and Africa region also
    has lot of potential for the flow meter
    manufacturers. Oil gas sector in this region
    creates ample opportunity for modern day flow

  • http//www.marketsandmarkets.com/Market-Reports/fl
  • The global flow meters market by product and
    application type, has witnessed a significant
    growth in the past few years and this growth is
    estimated to persist in the coming years.
    Magnetic flow meter dominated the global market
    in terms of value with 1.18 billion in 2013,
    followed by coriolis flow meter which was 1.02
    billion for the same year. However, it is
    expected that the coriolis flow meter will
    surpass magnetic flow meter in terms of value by
    2019. Magnetic flow meters are mainly used in the
    water wastewater industry. Coriolis flow meter
    finds application in oil gas, refining
    petrochemicals, chemical, and other industries.

  • North America, Europe, and Asia-Pacific dominated
    the global flow meters market in 2013 and
    accounted for over 84.1 of the market. The
    developed regions dominate the flow meters market
    due their mature markets which consist of hygiene
    conscious population requiring water and waste
    water flow meters. Country wise, U.S. is the
    leading consumer of global flow meters and is
    projected to grow at a CAGR much lower than the
    global average till 2019. On the other hand,
    Asia-Pacific is estimated to witness a double
    digit CAGR through 2019. The flow meters market
    in this region is growing because of the rising
    refining and petrochemicals, chemicals, mining,
    pharmaceuticals, and food industry.

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