Intelligent Flow Meter Market Insights, Deep Analysis of Key Vendor in the Industry 2020-2027

The market report analyses the market while considering various aspects of the market such as market size, market status, market trends, and forecast. The report also offers brief information on the competitors and specific growth opportunities while covering the key drivers of the market. The report has been categorized based on the different segments, including type, offering, communication protocol, industry, and regions.

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Leading Players in the Intelligent Flow Meter Market:

The Intelligent Flow Meter Market is fairly fragmented, and a number of global and regional players operating in the market are:

Endress+Hauser Group Services AG
Emerson Electric Co.
ABB
Yokogawa Electric Corporation
Honeywell International Inc.
Siemens
Baker Hughes Company
Azbil Corporation
Schneider Electric
Badger Meter, Inc.

Intelligent Flow Meter Market drivers:

The global intelligent flow meter market is witnessing an upsurge in demand during the forecast period. This is mainly due to the growth in the demand for intelligent flow meters in several industrial applications such as in water & wastewater industries, coupled with the rapid technological advancements in ultrasonic measurement, which is enhancing the demand for such devices in the market. Moreover, various benefits provided by the intelligent flow meter, such as reliability, improved accuracy, the capability to detect the flow rate of a gas or liquid in real-time and provide feedback for the accurate control of the rate of flow are some other factors propelling the growth of the market worldwide. The rise in the expansion of industries across developing economies in the Asia-Pacific region and increasing awareness for the real-time analysis of data and enhanced visibility are further accelerating the growth of the market in the upcoming years. In addition to this, various technological advancements such as the implementation of advanced sensors and the availability of wireless monitoring are promoting the end-users to opt for the intelligent flow meter. On the other hand, the huge initial cost for the adoption of magnetic and coriolis flow meters will hinder the growth of the global intelligent flow meter market.

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Intelligent Flow Meter Market Segmentation:

According to the report published by GMI Research, titled “Intelligent Flow Meter Market,” the industry is predicted to witness the highest CAGR during the forecast period. The segmentation of the market is as follows:

By Type:

Coriolis
Magnetic Flow Meters
Vortex
Ultrasonic
Thermal
Multiphase
Differential Pressure
Variable Area
Turbine

By Offering:

Software
Hardware
Services

By Communication Protocol:

MODBUS
PROFIBUS
HART
Others

By Industry:

Oil & Gas
Water & Wastewater
Food & Beverages
Chemicals
Metals & Mining
Pulp & Paper
Pharmaceuticals
Power Generation
Others

By Region:

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, be it small and medium enterprises or large organization. Our research team helps the clients to understand the importance and impact of the market dynamics. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use both internal and external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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