Global Flow Meters Market Analysis by Application and Competitive Insights to 2025

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10th September: Flow meters are used to measure volume, mass, nonlinear and linear flow rate of gas and fluid. They consist of a scale, indicator, tube, and stop. Flow meters’ performance depends on factors including density, pressure, viscosity of the liquid and temperature. Many products rely on factors produced by the flowing material to indirectly measure the flow The positive displacement meters measures the flow by collecting fixed volume of liquid and then it counts the number of times, volume is filled.
Rapid industrialization coupled with growing population globally are expected to drive the market demand of flow meters. Rising population in emerging economies including China and India is expected to increase water and wastewater managing systems in these regions and is attributed as the key factor propelling the growth of market. The African and Middle East Middle regions are also expected to have potential growth rate for the flow meter manufacturers. Oil & gas sector in these regions create an ample opportunity for innovative and modern devices.
High investment in projects including petrochemicals, waste water management, and agriculture are expected to drive the market growth over the forecast period. Flow meters are extensively used in the above stated industries to control and manage the flow of water, chemicals, gases and other materials. They are also used for treating during abstraction of water, water purification, and discharge of wastewater in to water bodies. These meters help in quality control, revenue calculation and environmental regulation.
Demand in refining industries and petrochemicals are anticipated to be one of the important drivers for the market growth of flow meters. They are extensively applied in custody transfer, gas flaring, inter well allocation and produced waster discharged. Advanced meters are expected to driving the market owing to enhanced performance and efficiency. Many end use segments are replacing obsolete devices with new and innovative devices which is expected to drive the overall market growth. These smart meters are anticipated to be more accurate and reliable in measurement
Lack of expert technician can be considered as a major factor hindering the market growth. Flow meters need proper handling procedures and should be extremely accurate while setting it to obtain best results. Absence of proper training and lack of knowledge among technicians to operate these meters is expected to restrict the market over the forecast period. Lack of efficient and specialized equipment is also expected to decline the flow meters market. Exact calibration of these products is important as it confirms that the measurement of flow meter is accurate.
The key players in the market are Siemens AG , ABB Ltd., Badger Meter Inc , ,. Yokogawa Electric Corp., Brooks Instrument LLC, EndressHauser, and Sierra Instruments. Other industry participants include General Electric, Azbil Corporation, and KrohneMesstechnik.
In April 2016, Intertek, a group of testing applications has launched advanced Coriolis flow meter calibration service, providing technical proficiency and cost efficiency savings to oil and gas customers. Coriolis flow meters are expected to be one of the major reliable device to regulate flow measurement and is widely being used in oil and gas flow measurement systems.   

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