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Intelligent Flow Meter Trends and Forecast
The future of the global intelligent flow meter market looks promising with opportunities in the chemical, power generation, food & beverage, metals & mining, oil & gas, paper & pulp, pharmaceutical, water & wastewater markets. The global intelligent flow meter market is expected to reach an estimated $3 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are increasing demand for accurate and efficient flow measurement, rising demand for intelligent flow meters in the energy sector, and growing emphasis on real-time data analysis and enhanced visibility.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Intelligent Flow Meter by Segment
The study includes a forecast for the global intelligent flow meter by type, offering, end use, and region.
Intelligent Flow Meter Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Coriolis
• Magnetic
• Vortex
• Multiphase
• Ultrasonic
• Variable Area
• Differential Pressure
• Thermal
• Turbine
Intelligent Flow Meter Market by Offering [Shipment Analysis by Value from 2018 to 2030]:
• Hardware
• Software
• Services
Intelligent Flow Meter Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Chemicals
• Power Generation
• Food & Beverages
• Metals & Mining
• Oil & Gas
• Paper & Pulp
• Pharmaceuticals
• Water & Wastewater
• Others
Intelligent Flow Meter Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Intelligent Flow Meter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies intelligent flow meter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the intelligent flow meter companies profiled in this report include-
• Endress + Hauser
• Azbil
• ABB
• Nidec
• Siemens
• General Electric
• Sierra Instruments
Intelligent Flow Meter Market Insights
Lucintel forecasts that magnetic meter will remain the largest segment over the forecast period as it is more accurate and reliable than other flow meters.
Within this market, oil & gas is expected to witness the highest growth.
APAC is expected to witness highest growth over the forecast period due to increasing industrial automation and presence of major players in the region.
Features of the Global Intelligent Flow Meter Market
Market Size Estimates: Intelligent flow meter market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Intelligent flow meter market size by type, offering, end use, and region in terms of value ($B).
Regional Analysis: Intelligent flow meter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, offerings, end uses, and regions for the intelligent flow meter market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the intelligent flow meter market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the intelligent flow meter market size?
Answer: The global intelligent flow meter market is expected to reach an estimated $3 billion by 2030.
Q2. What is the growth forecast for intelligent flow meter market?
Answer: The global intelligent flow meter market is expected to grow with a CAGR of 4.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the intelligent flow meter market?
Answer: The major drivers for this market are increasing demand for accurate and efficient flow measurement, rising demand for intelligent flow meters in the energy sector, and growing emphasis on real-time data analysis and enhanced visibility.
Q4. What are the major segments for intelligent flow meter market?
Answer: The future of the intelligent flow meter market looks promising with opportunities in the chemical, power generation, food & beverage, metals & mining, oil & gas, paper & pulp, pharmaceutical, water & wastewater markets.
Q5. Who are the key intelligent flow meter market companies?
Answer: Some of the key intelligent flow meter companies are as follows:
• Endress + Hauser
• Azbil
• ABB
• Nidec
• Siemens
• General Electric
• Sierra Instruments
Q6. Which intelligent flow meter market segment will be the largest in future?
Answer: Lucintel forecasts that magnetic meter will remain the largest segment over the forecast period as it is more accurate and reliable than other flow meters.
Q7. In intelligent flow meter market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to increasing industrial automation and presence of major players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the intelligent flow meter market by type (coriolis, magnetic, vortex, multiphase, ultrasonic, variable area, differential pressure, thermal, and turbine), offering (hardware, software, and services), end use (chemicals, power generation, food & beverages, metals & mining, oil & gas, paper & pulp, pharmaceuticals, water & wastewater, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Intelligent Flow Meter Market, Intelligent Flow Meter Market Size, Intelligent Flow Meter Market Growth, Intelligent Flow Meter Market Analysis, Intelligent Flow Meter Market Report, Intelligent Flow Meter Market Share, Intelligent Flow Meter Market Trends, Intelligent Flow Meter Market Forecast, Intelligent Flow Meter Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Intelligent Flow Meter Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Intelligent Flow Meter Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Intelligent Flow Meter Market by Type
3.3.1: Coriolis
3.3.2: Magnetic
3.3.3: Vortex
3.3.4: Multiphase
3.3.5: Ultrasonic
3.3.6: Variable Area
3.3.7: Differential Pressure
3.3.8: Thermal
3.3.9: Turbine
3.4: Global Intelligent Flow Meter Market by Offering
3.4.1: Hardware
3.4.2: Software
3.4.3: Services
3.5: Global Intelligent Flow Meter Market by End Use
3.5.1: Chemicals
3.5.2: Power Generation
3.5.3: Food & Beverages
3.5.4: Metals & Mining
3.5.5: Oil & Gas
3.5.6: Paper & Pulp
3.5.7: Pharmaceuticals
3.5.8: Water & Wastewater
3.5.9: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Intelligent Flow Meter Market by Region
4.2: North American Intelligent Flow Meter Market
4.2.2: North American Intelligent Flow Meter Market by End Use: Chemicals, Power Generation, Food & Beverages, Metals & Mining, Oil & Gas, Paper & Pulp, Pharmaceuticals, Water & Wastewater, and Others
4.3: European Intelligent Flow Meter Market
4.3.1: European Intelligent Flow Meter Market by Type: Coriolis, Magnetic, Vortex, Multiphase, Ultrasonic, Variable Area, Differential Pressure, Thermal, and Turbine
4.3.2: European Intelligent Flow Meter Market by End Use: Chemicals, Power Generation, Food & Beverages, Metals & Mining, Oil & Gas, Paper & Pulp, Pharmaceuticals, Water & Wastewater, and Others
4.4: APAC Intelligent Flow Meter Market
4.4.1: APAC Intelligent Flow Meter Market by Type: Coriolis, Magnetic, Vortex, Multiphase, Ultrasonic, Variable Area, Differential Pressure, Thermal, and Turbine
4.4.2: APAC Intelligent Flow Meter Market by End Use: Chemicals, Power Generation, Food & Beverages, Metals & Mining, Oil & Gas, Paper & Pulp, Pharmaceuticals, Water & Wastewater, and Others
4.5: ROW Intelligent Flow Meter Market
4.5.1: ROW Intelligent Flow Meter Market by Type: Coriolis, Magnetic, Vortex, Multiphase, Ultrasonic, Variable Area, Differential Pressure, Thermal, and Turbine
4.5.2: ROW Intelligent Flow Meter Market by End Use: Chemicals, Power Generation, Food & Beverages, Metals & Mining, Oil & Gas, Paper & Pulp, Pharmaceuticals, Water & Wastewater, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Intelligent Flow Meter Market by Type
6.1.2: Growth Opportunities for the Global Intelligent Flow Meter Market by Offering
6.1.3: Growth Opportunities for the Global Intelligent Flow Meter Market by End Use
6.1.4: Growth Opportunities for the Global Intelligent Flow Meter Market by Region
6.2: Emerging Trends in the Global Intelligent Flow Meter Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Intelligent Flow Meter Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Intelligent Flow Meter Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Endress + Hauser
7.2: Azbil
7.3: ABB
7.4: Nidec
7.5: Siemens
7.6: General Electric
7.7: Sierra Instruments
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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