Emerson Electric Co.: In 2021, Emerson Electric Co. expanded its flow meter offerings with the release of the Micro Motion 4200 2-wire Coriolis flow meter. This new product is designed to provide accurate and reliable flow measurement in a wide range of applications, including liquids, slurries, and gases.
Siemens AG: Siemens AG, a global technology and engineering company, has been focusing on digitalization and industrial automation solutions. In the context of flow meters, Siemens has been developing advanced digital flow measurement technologies to improve process control and efficiency across various industries.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 5102
Published Date: Jul 22, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing demand for oil and gas is the major factor driving the market growth.
The market size of flow meters is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023 – 2035.
The major players in the market are Emerson Electric Co., Siemens AG, ABB Ltd., Honeywell International Inc., Endress+Hauser Group, Yokogawa Electric Corporation, Krohne Group, Badger Meter, Inc., Schneider Electric SE, IDEX Corporation., and others.
The pharmaceuticals segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.