The Flow Sensors Market is estimated to hit $10.424 billion by 2023 - PowerPoint PPT Presentation

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The Flow Sensors Market is estimated to hit $10.424 billion by 2023

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The APAC region held the largest share in the flow sensors market in 2017, followed by Americas and Europe. It generated a revenue of $2.52 billion in 2017, and is expected to grow at a CAGR of 10.5%. The high CAGR is attributed to the growing demand for new flow sensors technologies such as electromagnetic and Coriolis, and the increasing number of applications for flow sensors such as HVAC and in the aerospace industry. In addition to that, increase in flow sensors shipments in regions such as China, Japan and India is fueling the growth. Flow sensors find increased market penetration in the APAC region. The American region generated a revenue of $1.98 billion in 2017 and is expected to grow at a CAGR of 6.3%. The low CAGR is due to the market saturation in this region; not much increase has been seen in the applications of flow sensors in this region. The stringent government regulations such as the IEC and the NSF are being imposed in this region which affects the market – PowerPoint PPT presentation

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Title: The Flow Sensors Market is estimated to hit $10.424 billion by 2023


1
The Flow Sensors Market is estimated to hit
10.424 billion by 2023
2
The APAC region held the largest share in the
flow sensors market in 2017, followed by Americas
and Europe. It generated a revenue of 2.52
billion in 2017, and is expected to grow at a
CAGR of 10.5. The high CAGR is attributed to the
growing demand for new flow sensors technologies
such as electromagnetic and Coriolis, and the
increasing number of applications for flow
sensors such as HVAC and in the aerospace
industry. In addition to that, increase in flow
sensors shipments in regions such as China, Japan
and India is fueling the growth. Flow sensors
find increased market penetration in the APAC
region.
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3
Selected / Sample Analysis done in the full
Report
There are various stages at which value is added
to flow sensors and flow meters. The areas where
value is added include component manufacturers
(semiconductor industry), assembly and
manufacture of flow meters, distributors,
calibration services and for the end users.
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4
Excerpts on Market Growth Factors Mentioned in
the Full Report
1. The new installation of flow sensors across
many industries and the development of new
technologies are driving the growth of this
market. 2. Shale gas revolution in North America,
which led to an increased adoption of flow
sensors and the increasing demand for accurate
measurements which maximizes the profits, is the
major factor that propels the market growth. 3.
The increasing application of flow sensors in
paper and pulp industry is expected to lead to an
increased customer base.
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5
Key Players of the Fine Chemicals Market
  • 1. Toshiba Corporation
  • 2. Sierra Instruments
  • 3. Omron Corporation
  • 4. Sensiron Group
  • 5. FMC Technologies Inc
  • 6. Flowline Inc
  • 7. EndressHauser AG
  • 8. Azbil Corporation
  • 9. Fuji Electric Co. Ltd.

Download Sample Report
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6
You Can Customize the Report as Per Your Need. We
have included Some Customization Options
Company Profile
Analyst Briefing
Data Tables
Key Contacts
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7
About IndustryARC
IndustryARC is a research and consulting firm
that publishes more than 500 reports annually in
various industries, such as Agriculture,
Automotive, Automation Instrumentation,
Chemicals and Materials, Energy and Power,
Electronics, Food Beverages, Information
Technology, Life sciences Healthcare. IndustryA
RC primarily focuses on Cutting Edge Technologies
and Newer Applications of the Market. Our Custom
Research Services are designed to provide
insights on the constant flux in the global
demand-supply gap of markets. Our strong analyst
team enables us to meet the client research needs
at a very quick speed with a variety of options
for your business.
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