Sign Up

Captcha Click on image to update the captcha.

Have an account? Sign In Now

Sign In

Forgot Password?

Don't have account, Sign Up Here

Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

Have an account? Sign In Now

You must login to ask a question.

Forgot Password?

Need An Account, Sign Up Here

You must login to add post.

Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Sign InSign Up

Find Authority

Find Authority Logo Find Authority Logo

Find Authority Navigation

  • Home

Mobile menu

Close
Ask a Question
  • Home
  • Recent Questions
  • Topics
  • Home
Home/Questions/Q 2430
Next
In Process
Sahnur
  • 2
Sahnur
Asked: January 28, 20202020-01-28T00:34:46+00:00 2020-01-28T00:34:46+00:00In: Consumer Products & Retail, Energy

What is the global market size of flow meters?

  • 2

The flow meter is an electrical instrument for measuring the linear nonlinear, mass or volumetric flow rate of gas or liquid flowing in the pipe at a given time. These meters are also called flow gauge, flow indicator, liquid meter and flow rate sensor depending on the industry.

What are the major drivers helping the global flow meter market to grow?

gasmarket size
  • 2 2 Answers
  • 0
Share
  • Facebook

    Leave an answer
    Cancel reply

    You must login to add an answer.

    Forgot Password?

    Need An Account, Sign Up Here

    2 Answers

    • Oldest
    1. Ed Mills Level 2
      2020-01-28T00:51:49+00:00Added an answer on January 28, 2020 at
      This answer was edited.

      The market size of flow meters

      The global flow meter market size is set to reach US$ 7.7 billion by the end of 2025 from US$ 4.5 billion in 2019.

      Analysis of the flow meters market

      The flow meter industry has seen significant growth over the last few years, primarily due to innovative product advancements and expansion in application fields. The installation of flow meters helps to evaluate the costs involved, minimise energy waste and take effective energy-saving measures. The governments in several countries pursue programs to help conserve resources and implement laws to boost overall flow meters sales. The manufacturer launches innovative flow meters by using modern technology to enhance the performance of their products.

      Market players have significantly increased their research and development (R&D) investment, focused on modernising flow measuring instruments and sensor devices. This has contributed to a number of technical improvements in the use of flow meters including online diagnostics and troubleshooting, remote monitoring, wireless communication, better implementation and device management, various measurement formats and digital signals in the integration.

      Such advances have made flow meters highly flexible, practical and accurate. As a result, these meters are gaining traction across different end-use sectors, including the medical, automotive, HVAC and process industries.

      • 2
      • Reply
      • Share
        Share
        • Share on Facebook
        • Share on Twitter
        • Share on LinkedIn
        • Share on WhatsApp
    2. Haseeb Level 6
      2020-01-28T00:52:25+00:00Added an answer on January 28, 2020 at

      The increased demand for greater precision, reliability and durability for measuring instruments, increasing use in oil and gas, and increased demand for flow levels measurement for water and wastewater management are some of the major drivers in the end-use industries flow metering sector. The growing emphasis on modernisation of industry processes and operations has increased flow meter demand.

      For instance, the presence of IoT has led to the development of smart flow measurement solutions. Some of the different types of specialised flow meters available on the market include optical meters, magnetic flow meters, ultrasonic meters, and Coriolis meters.

      Such flow meters are not compatible with modern technology and must be replaced by better and smarter new ones. However, the costs of replacing conventional flow meters are high, and the growth of the market in flow meters is significantly restricted.

      • 2
      • Reply
      • Share
        Share
        • Share on Facebook
        • Share on Twitter
        • Share on LinkedIn
        • Share on WhatsApp

    Sidebar

    Advanced Search
    Ask A Question

    Related Questions

    • What is the difference between UPS and inverters?

    • What are the differences between power and voltage amplifier?

    • What is the main difference between humidifier and dehumidifier?

    • What are the types of electrical power distribution system?

    • What is the difference between an underground transmission line and ...

    Explore

    • Home
    • Recent Questions
    • Topics

    Footer

    Find Authority

    Find Authority

    Find Authority is a professional networking and crowdsourcing platform which helps enhance members credentials and create opportunities.

    About Us

    • About Us
    • Careers
    • Contact Us

    Legal Stuff

    • Terms and Conditions
    • Privacy Policy
    • Cookie Policy

    Supprt

    • Help Centre
    • Badges

    Follow

    © 2020 Find Authority. All Rights Reserved

    Insert/edit link

    Enter the destination URL

    Or link to existing content

      No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.