The global flow meter market is expected to reach 12.2 billion USD by 2031, driven by the expansion of industrial applications.
The global flow meter market has achieved significant growth, reaching approximately 7 billion USD in sales in 2022. This growth trajectory is expected to continue, with the market projected to rise to an estimated 12.2 billion USD by 2031. The industry is forecasted to maintain a robust compound annual growth rate (CAGR) of 6.4% during the forecast period from 2023 to 2031. Flow meters are essential devices used in various industries to measure the flow of liquids and gases. They play a crucial role in ensuring accurate measurements and maintaining process efficiency. The growth of the market is attributed to several key factors. For application methods, please check the [PDF download] button or apply directly through the related links.
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Major Companies: Emerson Electric Co. General Electric Hitachi Ltd. Honeywell International Inc. Siemens VSE Volumentechnik GmbH Yokogawa Electric Corporation Overview of Segmentation The global flow meter market is classified based on products, applications, and regions. By Product Differential Pressure (DP) Positive Displacement (PD) Magnetic Wired Wireless LAN Ultrasonic Coriolis Turbine Vortex Others By Application Water Supply and Wastewater Oil and Gas Chemical Power Generation Pulp and Paper Food and Beverage Others
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