Market Scenario:
Flow Meter is an electronic instrument that is used to measure linear, non-linear, mass or volumetric flow rate of a gas or liquid during its transmission through a pipe. The demand of intelligent flow meter is increasing in order to improve flow calibration standard and reduce uncertainties.
The Intelligent flow meter are suitable choice for industrial environment due to the various benefit offers such as accuracy, precision, stability, and reliability. The Intelligent Flow meters are widely used in various industries such as chemical, food & beverages, oil & gas, metals & mining, pulp & paper, pharmaceuticals among others. The demand of Intelligent Flow meter is increasing for Oil & Gas application in order to calibrate the fluids accurately and precisely that in turn is helping the market of intelligent flow meters to grow. Also, the rising demand of intelligent flow meter in Chemical & wastewater industries is also supporting the market of intelligent flow meters. However, the high initial cost of intelligent flow meter is one the major restrain factors for the market growth.
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The market of Magnetic type of intelligent flow meter is expected to generate highest revenue in the forecast period due to absence of moving part that reduces the maintenance cost and also capable of measuring forward as well as reverse flow with equal precision.
Globally the Intelligent Flow Meter market is expected to grow at the CAGR of ~ 5 % from 2016 to 2022.
Segments:
Global Intelligent Flow Meter Market Share has been segmented on the Basis of type, communication protocol and Verticals. The Type includes Calorimetric, Multiphase Turbine, Vortex, Electromagnetic, Doppler, Ultrasonic, Thermal, and Coriolis among others. Communication Protocol has been identified as HART, Profibus, and Modbus among others. Verticals consist of chemical, power generation food & beverages, oil & gas, metals & mining, pulp & paper, pharmaceuticals among others.
Key Players
The prominent players in the market of Intelligent Flow Meter are- ABB Ltd. (U.S.), Sierra Instruments Inc. (U.S.), Nidec Corporation, (U.S.), Honeywell International Inc. (U.S.), Endress + Hauser AG (Switzerland), General Electric Company (U.S.), Azbil Corporation (Japan), Krohne Messtechnik GmbH (Germany), Siemens AG (Germany), Yokogawa Electric Corporation (Japan) and American Industrial Partners (U.S.) among others.
Regional Analysis
Asia-Pacific is dominating the market of Intelligent Flow Meter Market Share due to increasing industrial development and huge demand of measuring meters in Oil & Gas industry. The high demand of intelligent flow meters in measurement processes among countries such as China and India is also fueling the market of intelligent flow meter to achieve new heights in upcoming future. North-America is also showing healthy growth due to the large number of shale gas projects and oil fields presence in the region. The Intelligent flow meter market in Europe is also expanding due to rapid industrial infrastructural activities and growing demand of accurate and precise flow measuring devices in this region.
Intended Audience
- Original Equipment Manufacturer(OEMs)
- Product Manufacturer & Suppliers
- Flow Meter Suppliers
- Service Providers
- Research Organizations
- Technology consultants
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Table of Contents:
LIST OF TABLES
Table 1 Global Intelligent Flow Meter Market By Type
Table 2 Global Intelligent Flow Meter Market By Communication Protocols
Table 3 Global Intelligent Flow Meter Market By Vertical
Table 4 Global Intelligent Flow Meter Market By Regions
Table 5 North- America Intelligent Flow Meter Market By Type
Table 6 North-America Intelligent Flow Meter Market By Communication Protocols
Table 7 North- America Intelligent Flow Meter Market By Vertical
Table 8 North -America Intelligent Flow Meter Market By Country
Table 9 U.S. Intelligent Flow Meter Market By Type
Table 10 U.S. Intelligent Flow Meter Market By Communication Protocols
Table 11 U.S. Intelligent Flow Meter Market By Vertical
Table 12 Canada Intelligent Flow Meter Market By Type
Table 13 Canadal Intelligent Flow Meter Market By Communication Protocols
Table 14 Canada Intelligent Flow Meter Market By Vertical
Table 15 Europe Intelligent Flow Meter Market By Country
Table 16 Europe Intelligent Flow Meter Market By Type
Table 17 Europe Intelligent Flow Meter Market By Communication Protocols
Table 18 Europe Intelligent Flow Meter Market By Vertical
Table 19 Germany Intelligent Flow Meter Market By Type
Table 20 Germany Intelligent Flow Meter Market By Communication Protocols
Table 21 Germany Intelligent Flow Meter Market By Vertical
Table 22 France Intelligent Flow Meter Market By Type
Continued…
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