Product Overview

Flowmeter is a fundamental tool that determines the linear, non-linear, volumetric or mass flow rate of a liquid or a gas or mixture of both. They are referred to by a variety of terms, such as flow counter, fluid detector, liquid meter, flow rate monitor, etc. depending on the sector. They all calculate the wind, though. Free waterways, such as rivers or lakes, may be measured with flow meters. However, more frequently than not, the most accurate flow meter and the largest range of flow meters rely on the calculation of gases and liquids in the tubing. Improving the precision, accuracy, and resolution of fluid measurements is the biggest advantage of the latest flow meters.

Market Highlights

Global Flow Meters Market is expected to exceed USD 10,825 million by 2030 from USD 7,075 million in 2019 at a CAGR of 6.25% throughout the forecast period i.e. 2020-2030. The market is anticipated to grow on the back of growing demand for flow meters from end-users and rising demand for intelligent flow meters.

Advancements in fluid characteristics, flow profile, flow range, and the enhancement of appropriate measurements are the key factors that are likely to further boost the growth of the market in the coming years.

Global Flow Meters Market Opportunity Analysis

Source: Fatpos Global

Global Flowmeters Market: Segments

The ultrasonic segment to grow with the fastest CAGR of xx% during 2020-2030

The worldwide flow meters market is segmented by Product Type into Differential Pressure, Positive Displacement, Magnetic, Ultrasonic, Coriolis, Turbine, and Vortex. Among these, the ultrasonic segment is estimated to hold the largest market share of xx% in 2019 owing to their low maintenance and reliability. Ultrasonic flow meters are precise and can be used for custody transfer of petroleum and natural gas.

By Product Type (in %), Global Flow Meters Market, 2019

Source: Fatpos Global

The Oil & Gas segment to boost at fastest CAGR of xx% during 2020-2030

Global Flow Meters Market is segmented by applications into Water & Wastewater, Oil & Gas, Chemicals, Power Generation, Pulp & Paper, Food & Beverages, and Metals & Mining. Among these, the oil & gas segment is witnessed to hold the largest market share of xx% in the year 2019. This is because the oil & gas industry is flourishing in the emerging countries which in turn boosts the market growth of flow meters. Flow meters are mostly used as a flow measurement of crude oil, custody transfer among others that offers magnificent growth prospects.

Source: Fatpos Global

Global Flow Meters Market: Drivers and Restraints

Rising Demand for Flow Meters from End-users

Demand for flow meters across end-use industries is growing at a substantial pace, which is expected to boost the market in the forecast period. In the oil & gas field, demand for flow meters is rising due to increased demand for oil & gas supply worldwide. In fact, the improved capacity to provide more precise flow calculations across varying temperature conditions facilitates its accelerated acceptance in the oil & gas industry. Increasing emphasis on rising total prices, carbon emissions, and total process efficiency are some of the reasons responsible for the demand for flow meters through food & beverage, chemicals, and related industries.

Rising Demand for Intelligent Flow Meters

Intelligent flow meters have a greater way to track and regulate the liquid/gas movement. This is accomplished by the use of advanced technology such as Bluetooth, Ethernet I/P, Wireless LAN, I/O Connect and M-Bus. Higher precision and reliable results are required in industrial applications to make processes more effective. As a consequence, the demand for intelligent flow meters is projected to rise through chemical and water treatment regions. The increasing demand for an intelligent flow meter due to its accurate and precise flow measurement is another factor driving the growth of the flow meters market

High Maintenance Cost Owing to Harsh Work Environment

Flow meters perform crucial functions in severe circumstances, resulting in decreased wear and tear. According to this, high maintenance is needed in order to maximize shelf life and performance. Any of the major reasons contributing to high maintenance include disrupted fluid or gas pressure, fast turnover, damp air, and abrasive fluids. As a consequence, daily servicing of flow meters is necessary, summing up the overall cost of maintenance. Consequently, high maintenance requirements will act as a limiting factor for the growth of the flowmeter market in the coming years.

Global Flow Meters Market: Regions

Asia Pacific to surge at the highest CAGR of xx% during 2020-2030

Region-wise, the market for flow meters across the globe is segmented into North America, Latin America, Europe, Middle East & Africa, and the Asia Pacific. Among these, Asia Pacific is witnessed to constitute xx% of the total market share in the year 2019 owing to the rapid urbanization ongoing in the Asia Pacific countries, which will most likely cause the need for adequate power production and effective water and wastewater management.

By Region (in %), Global Flow Meters Market, 2019

Source: Fatpos Global

Global Flow Meters Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC

Global Flow Meters Market: Key Players

TLV International Inc.

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Forbes Marshall

Omega Engineering EMEA

Scharf Automation Pvt. Ltd.

Max Machinery Inc.

TSI Incorporated

Emerson

Azbil Corporation

Yokogawa

Brooks Instrument

The market report on global flow meters also contains the following in-depth analysis:

Global Flow Meters Market Segments:

By Product Type

Differential Pressure

Positive Displacement

Magnetic

Ultrasonic

Coriolis

Turbine

Vortex

By Applications

Water & Wastewater

Oil & Gas

Chemicals

Power Generation

Pulp & Paper

Food & Beverages

Metals & Mining

By Region

North America

Latin America

Europe

Middle East & Africa

Asia Pacific

Global Flow Meters Market Dynamics

Global Flow Meters Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

FAQs on Global Flow Meters Market

Which segment is anticipated to hold the largest market share

At what CAGR is the market anticipated to grow between 2020 and 2030

Who are the key players in the worldwide flow meters market

What could be the challenging factors for the growth of Global Flow Meters Market

What are the growth drivers for the market for flow meters across the globe

Contents

1. Executive Summary

2. Flow Meters

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Market Dynamics

5.1. Growth Drivers

5.2. Restraints

5.3. Opportunity

5.4. Trends

6. Recent Development, Policies & Regulatory Landscape

7. Risk Analysis

7.1. Demand Risk Analysis

7.2. Supply Risk Analysis

8. Flow Meters Industry Analysis

8.1. Porters Five Forces

8.1.1. Threat of New Entrants

8.1.2. Bargaining Power of Suppliers

8.1.3. Threat of Substitutes

8.1.4. Rivalry

8.2. PEST Analysis

8.2.1. Political

8.2.2. Economic

8.2.3. Social

8.2.4. Technological

9. Global Flow Meters Market

9.1. Market Size & forecast, 2019A-2030F

9.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

9.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10. Global Flow Meters: Market Segmentation

10.1. By Regions

10.1.1. North America: (U.S. and Canada)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.2. By Product Type: Market Share (2020-2030F)

10.2.1. Differential Pressure, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.2.2. Positive Displacement, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.2.3. Magnetic, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.2.4. Ultrasonic, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.2.5. Coriolis, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.2.6. Turbine, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.2.7. Vortex, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.3. By Applications: Market Share (2020-2030F)

10.3.1. Water & Wastewater, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.3.2. Oil & Gas, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.3.3. Chemicals, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.3.4. Power Generation, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.3.5. Pulp & Paper, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.3.6. Food & Beverages, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.3.7. Metals & Mining, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11. Company Profile

11.1. TLV International Inc.

11.1.1. Company Overview

11.1.2. Company Total Revenue (Financials)

11.1.3. Market Potential

11.1.4. Global Presence

11.1.5. Key Performance Indicators

11.1.6. SWOT Analysis

11.1.7. Product Launch

11.2. Forbes Marshall

11.3. Omega Engineering EMEA

11.4. Scharf Automation Pvt. Ltd.

11.5. Max Machinery Inc.

11.6. TSI Incorporated

11.7. Emerson

11.8. Azbil Corporation

11.9. Yokogawa

11.10. Brooks Instrument

12. Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)