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Paddlewheel Flow Meter Market : Global Demand Analysis & Opportunity Outlook 2024

Published On : 09:40 AM, 14th September, 2017 REP-ID-397 Category: Energy & Power

Paddlewheel Flow Meter Market Overview

Paddlewheel flowmeters are used to determine velocity and other characteristics of water and other fluids flowing in a pipe. The paddlewheel flowmeter offers various advantages over other flow meters. The first and foremost advantage is that paddlewheel flowmeter is able to work remarkably with water and viscous fluids and provide a fully developed turbulent flow profile whereas other flow meters have most of the application with water. Further, paddlewheels are very affordable and offers high accuracy which makes paddlewheels way better than other flowmeters. Paddlewheel flowmeters use advanced solid-state circuitry which allows paddlewheel flowmeter to operate even on regular batteries; eliminating the need for electrical connections. Further, paddlewheels are very easy to install and it can be installed in both ways, vertically or horizontally.

Market Size & Forecast

Global paddlewheel flow meter market is expected to witness a remarkable growth over the forecast period 2017-2024.  Over the next few years, the global paddlewheel market is anticipated to witness growth due to its high accuracy, low maintenance and affordable price characteristics. Geographically, global paddlewheel flowmeter market is segmented into five key regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

Asia Pacific region is expected to be most reliable and revenue generating regional market for paddlewheel flow meter during the forecast period. The demand for paddlewheel is expected to rise in near future due to development of new industries such as oil and gas, water treatment in emerging countries such as India and China. Asia Pacific region is the fastest growing regional market for paddlewheel flowmeter and is expected to behold this positive growth in near future.

paddlewheel flow meter

North America and Europe regions are anticipated to witness rise in demand for paddlewheel flowmeters in near future. The demand for paddlewheel flowmeter in these regions is expected to increase due to enhancement of existing industries and development of new industries. On the other hand, presence of oil & gas refineries in Middle East & Africa region is also expected to escalate the demand for paddlewheel flowmeter in this region over the forecast period.

Market Segmentation

Our-in depth analysis of the global paddlewheel flow meter market includes the following segments:

By Fluid Type

  • Viscous Fluids
  • Petroleum Fluids
  • Non-Petroleum Fluids

By Mechanics

  • Tangential-flow Paddle Wheel Flow-Meter
  • Axis-flow Paddle Wheel Flow-Meter

By Sales Channel

  • Direct Sales
  • Independent Representatives
  • Distributors
  • E-business

By Application

  • Oil & Gas
  • Water and Wastewater Treatment
  • Power Generation
  • Chemical
  • Food & Beverage
  • Pharmaceutical
  • Metals and Mining
  • Pulp & Paper

By Region

Global paddlewheel flow meter market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (GCC, North Africa, South Africa and Rest of Middle East) Market size, Y-O-Y growth & Opportunity Analysis

Growth Drivers & Challenges

Global paddlewheel flowmeter market is driven by factors such as ability to work with viscous fluid as well as with normal fluids. Further, paddlewheel flowmeter offers better performance than other flowmeters. Also, they can produce fully developed turbulent profile with higher accuracy. Such features are anticipated to increase the demand for paddle wheel flow-meter in near future. Wide range of application of paddlewheel flowmeter in various industries is a major driver for global paddlewheel flowmeter market. Further, rising industrialization (such as development of new oil & gas refineries, water and wastewater treatment and chemical industries) in developing countries such as China, India, Brazil and Russia is driving the growth of paddlewheel flowmeter market globally. Apart from this, easy installation, low cost and low maintenance features of paddlewheel flowmeters are some of the key reasons anticipated to drive the growth of global paddlewheel flowmeter market during the forecast period. Furthermore, while most flowmeters work with regular water; paddlewheel flowmeter can work perfectly even with viscous fluids. Such factors are anticipated to propel the demand for paddlewheel flowmeters in near future.

However, problems oriented with paddlewheel flow meter such as clogging (due to high reactive to foreign objects) and high maintenance are likely to hinder the growth of global paddlewheel flow meter market.

Key Players

  • Sierra Instruments Inc.
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • GPI meters
  • Hydra Check TM
  • John C. Ernst Co. Inc.
  • Hoffer Flow Controls Inc.
  • Siemen Process Instrumentation
  • Schneider Electric
  • Yokogava Electric Co.
  • Badger Meter Inc.
  • Global Water
  • Omega

Scope & Context

Overview of the Parent Market

Analyst View

Segmentation

The global paddlewheel flow meter market is segmented as follows:

  • By Fluid Type Market Size & Y-O-Y Growth Analysis
  • By Mechanics Market Size & Y-O-Y Growth Analysis
  • By Sales Channel Market Size & Y-O-Y Growth Analysis
  • By Application Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

Key Answers Captured in Report?
Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

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