Intelligent Flow Meter Market

Intelligent flow meter is a linear and non-linear volumetric flow of the liquid measuring electronic device. Intelligent flow meters are used in many industries such as food & beverages, oil & gas, chemical, and pharmaceuticals. The demand for intelligent flow meters is increasing, as they are more reliable, accurate, and stable for calibration. The adoption of flow measurement technologies in various industries such as petroleum, chemical, oil & gas, and wastewater has increased the demand for intelligent flow meters in the market. The demand for flow rate measurement in the oil & gas industry is increasing, owing to the detection of shale gas reserves in North America, Europe, and Asia Pacific regions. Furthermore, custody transfer in the oil & gas industry is one of the major applications that create lucrative opportunities for intelligent flow meters.

Market Dynamics:

The global intelligent flow meter market is expected to grow significantly during the forecast period, owing to the increasing adoption of internet of things (IoT) based sensors for smart flow meter solutions. Advancements in technologies such as digital readouts, advanced sensors, wireless monitoring, and control are also driving the market growth. Advanced IoT enables automatic readings and collects data automatically and remotely. Technological advancements in products, increasing urbanization, growing population, and rising disposable income are some of the factors that are expected to propel the market growth during the forecast period. However, the calibration of intelligent flow meters is a time-consuming process that is expected to hinder the market growth in the near future.  

Key features of the study:

• This report provides an in-depth analysis of the global intelligent flow meter market size (US$ Million and compound annual growth rate (CAGR %) for the forecast period (2023– 2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading  market players
• It profiles leading players in the global intelligent flow meter market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
• Companies covered as a part of this study include ABB, Emerson Electric Co., Siemens, Honeywell International Inc., Yokogawa Electric Corporation, Azbil Corporation, BrooksInstrument, Sierra Instruments, Inc., KROHNE Messtechnik GmbH, General Electric, RIELS INSTRUMENTS S.r.l., KOBOLD Messring GmbH, DISTRIBUIDORA INTERNACIONAL CARMEN, S.A.U, Baker Hughes, and Fuji Electric Co., Ltd.
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
• The global intelligent flow meter market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global intelligent flow meter market

Detailed Segmentation:

• Global Intelligent Flow Meter Market, By Type
  • Magnetic
  •  Coriolis
  •  Ultrasonic
  •  Vortex
  •  Multiphase
  •  Thermal
  •  Turbine
  •  Variable Area
  •  Differential Pressure
• Global Intelligent Flow Meter Market, By End-User
  • Chemicals
  • Power Generation
  • Food and Beverages
  • Metals & Mining
  • Oil & Gas
  • Paper & Pulp
  • Pharmaceuticals
  • Water & Wastewater
  • Others
• Global Intelligent Flow Meter Market, By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • ABB*
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/ Updates
  • Emerson Electric Co.
  • Siemens
  • Honeywell International Inc.
  • Yokogawa Electric Corporation
  • Azbil Corporation
  • BrooksInstrument
  • Sierra Instruments, Inc.
  • KROHNE Messtechnik GmbH
  • General Electric
  • RIELS INSTRUMENTS S.r.l.
  • KOBOLD Messring GmbH
  • DISTRIBUIDORA INTERNACIONAL CARMEN, S.A.U
  • Baker Hughes
  • Fuji Electric Co., Ltd.