Title: Flow Meters Market - Global Trends & Forecast to 2019
1MarketsandMarkets Presents
- Flow Meters Market
- Global Trends Forecast to 2019
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2- 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
meters.
3-
- http//www.marketsandmarkets.com/Market-Reports/fl
ow-meters-market-1191.html - 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.
4- 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.
5Contact Us
- Mr. RohanMarkets and Markets UNIT no 802, Tower
no. 7, SEZMagarpatta city, HadapsarPune,
Maharashtra 411013, India1-888-600-6441Email
sales_at_marketsandmarkets.com - MarketsandMarkets Blog
- http//www.linkedin.com/company/marketsandmarkets
- http//twitter.com/marketsmarkets
6About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
multi-client reports, company profiles,
databases, and custom research services. They
cover thirteen industry verticals, including
advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.