Global Flow Meter Market Share, Size, Global, Trends And Forecast 2017-2022

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  Growth of Global Flow Meter Market Influenced
by Increasing Industrial Activities

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Report Description and Highlights
Report Description
Growth of Global Flow Meter Market Influenced by
Increasing Industrial Activities The global flow
meter market has witnessed a healthy growth over
the past few years. Development in various
industries such as petroleum, gas, water, food
processing, automotive, etc. are the major
drivers for the market. MARC Groups latest
report, titled Flow Meter Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2017-2022, finds that the global
flow meter market reached a value of around US 6
Billion in 2016. Flow meters are electronic
devices manufactured to measure the quantity and
flow rate of a liquid or gas moving through a
pipe. They are also popularly known as liquid
meters, flow indicators and flow gauges depending
on the end-use industry. Some flow meters measure
the rate of the substance passing through them,
whereas other flow meters measure the total
amount of the substance. They find applications
in several industries such as automotive,
petroleum, gas, HVAC, food processing,
etc. Request Sample of the Report
http//www.imarcgroup.com/request?typereportid8
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Report Description and Highlights
Report Description
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Report Description and Highlights
Report Description

• Highlights of the global flow meter market
• Growth in various end-use industries is boosting
  the demand for flow meters.
• On the basis of applications, the residential
  sector holds the majority of the total share.
• North America accounts for the majority of the
  global share, representing the leading market.
• The key growth-inducing factor for the market is
  the increasing demand for flow meters in the oil,
  gas and water industries. Rising population in
  the emerging countries has led the governments to
  build new water and drainage systems, thereby
  fuelling the market growth. Apart from this,
  several mining and oil refining facilities have
  witnessed an expansion over the years, driven by
  a surging demand for petrochemicals and minerals.
  This has also positively influenced the demand
  for flow meters. Further, smart flow meters
  provide accurate readings which help in analysing
  the consumption patterns and costs for the
  manufacturers. Owing to these enhanced
  properties, the demand for smart flow meters is
  expected to increase in the upcoming years.
  According to the report, the market is
  anticipated to reach a value of around US 9
  Billion by 2022, registering a CAGR of nearly 7
  during 2017-2022
• Read full report _at_ http//www.imarcgroup.com/flow-
  meter-market

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Report Description and Highlights
Report Description

• The market has been segmented on the basis of key
  applications. Currently, the residential sector
  accounts for the majority of the total market
  share. It is followed by the industrial and
  commercial sectors. The market has further been
  segregated on the basis of popular types into
  analog flow meter and smart flow meter.
  Region-wise, North America represents the largest
  market, accounting for the majority of the global
  share, followed by Europe. Some of the other
  major markets include Asia Pacific, Latin
  America, and Middle East and Africa. On
  evaluating the competitive landscape of the
  market, the key players found are Emerson
  Electric, ABB Group, Siemens, Saison Information
  Systems Co., Ltd. and Schneider Electric.
• The report has examined the global flow meter
  market on the basis of
• Product Type
• Analog Flow Meter
• Smart Flow Meter
• Application
• Residential
• Industrial
• Commercial
•  

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Report Description and Highlights
Report Description

• Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
• Major Manufacturers
• ABB Group
• Emerson Electric
• Siemens
• Schneider Electric
• Saison Information System Co., Ltd.
• Browse more related reports on Technology Media
  Industry
• http//www.imarcgroup.com/categories/technology-ma
  rket-reports

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Report Description and Highlights
Report Description

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