INTELLIGENT FLOW METER MARKET ANALYSIS

Intelligent Flow Meter Market, By Type (Magnetic, Coriolis, Ultrasonic, Vortex, Multiphase, Thermal, Turbine, Variable Area, and Differential Pressure), By End-use (Chemicals, Power generation, Food and beverages, Metals & mining, Oil & gas, Paper & pulp, Pharmaceuticals, Water & Wastewater, and Others), By Region (North America, Latin America, Europe, Middle East, Africa, and Asia Pacific)

Published In : Mar 2023
Code : CMI4335
Pages :130
Formats :
Excel and PDF
Industry : Information and Communication Technology

Intelligent Flow Meter MarketSize and Trends

The global intelligent flow meter market is estimated to account for US$ 4,005.2 Mn in terms of value by the end of 2030.

Market Size in 2022: US$ 2,677.6 Mn Forecast Period: 2023 to 2030 2030 Value Projection: US$ 4,005.2 Mn Forecast Period 2023 to 2030 CAGR: 5.16%

Global Intelligent Flow Meter Market Trends:

Growing industrial infrastructural activities and increasing demand for accurate devices to measure the flow of fluid or liquid

Asia Pacific held a dominant position in the global intelligent flow meter market in 2022 and is expected to retain its dominance throughout the forecast period. This is attributed to continuous development in many industries such as oil & gas, chemical, and water & wastewater sectors in the region. Moreover, growing industrial infrastructural activities, increasing demand for accurate devices to measure the flow of fluid or liquid, and urbanization in the region are some of the major factors that are driving the growth of the intelligent flow meter market.