PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1629194
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1629194
Electromagnetic flowmeter market size was valued at US$ 2,395.09 Million in 2024, expanding at a CAGR of 3.80% from 2025 to 2032.
An electromagnetic flowmeter is a device used to measure the flow rate of conductive liquids. It operates based on Faraday's Law of Induction, where a magnetic field induces a voltage in the fluid as it moves. The generated voltage is proportional to the fluid's velocity and can be used to calculate flow rate. These flowmeters are highly accurate, maintenance-free, and ideal for Electrode Materials involving corrosive or dirty liquids, such as in water treatment, chemical, and food industries.
Electromagnetic Flowmeter Market- Market Dynamics
Increasing demand for precise flow measurement to propel market demand
The increasing need for accurate flow measurement in industries like oil, gas, and chemicals is fueling demand for electromagnetic flowmeters. The U.S. Energy Information Administration (EIA) projects global energy consumption to rise 28% by 2040. Besides, industrial automation expansion is driving the growth of the electromagnetic flowmeter market. However, high initial investment and sensitivity to conductive fluids are predicted to impede the market growth. On the contrary, according to the United Nations Industrial Development Organization (UNIDO), industrial growth in emerging economies is expected to increase demand for flowmeters. Furthermore, with advancements in IoT and wireless communication, the adoption of electromagnetic flowmeters can be enhanced.
Electromagnetic Flowmeter Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 3.80% over the forecast period (2025-2032)
Based on Product segmentation, in-line magnetic flowmeters was predicted to show maximum market share in the year 2024
Based on Electrode Material segmentation, stainless steel was the leading in 2024
Based on Application segmentation, water & wastewater was leading in 2024
Based on Connection to Power Source segmentation, two-wire was the leading sector in 2024
Based on Signal segmentation, modbus was leading in 2024
On the basis of region, North America was the leading revenue generator in 2024
The Global Electromagnetic Flowmeter Market is segmented on the basis of Product, Electrode Material, Application, Connection to Power Source, Signal, and Region.
The market is divided into three categories based on Product: air-to-air, air-to-water, and geothermal. The in-line flowmeters sector dominates the market. Their ability to provide accurate flow measurement in continuous processes makes them highly popular across industries such as water treatment, chemicals, and oil and gas.
The market is divided into seven categories based on Application: water & wastewater, power generation, chemicals & petrochemicals, oil & gas, metals & mining, food & beverages, and others. The water and wastewater sector dominates the market and is likely to maintain its dominance during the forecast period. The demand for accurate flow measurement in water treatment plants and wastewater management systems is increasing, driven by stringent environmental regulations and the need for efficient resource management.
Electromagnetic Flowmeter Market- Geographical Insights
North America is a leading revenue contributor, bolstered by major industry players and growing adoption of advanced technologies. Besides, the Asia-Pacific region is poised for significant expansion due to rapid industrialization and infrastructure advancements.
The growing demand for accurate flow measurement in industries like water treatment, chemicals, and food processing drives innovation in electromagnetic flowmeter Connection to Power Source. Companies are focusing on product advancements, such as enhancing measurement precision, offering wireless connectivity, and improving durability. Strategies also include expanding Application networks, forming strategic partnerships, and offering customized solutions for specific Electrode Materials. Additionally, companies are increasingly adopting sustainable practices in manufacturing and seeking to comply with regulatory standards to meet the evolving needs of industries and customers.
In August 2024, ABB introduced its next-generation electromagnetic flowmeters, offering enhanced accuracy, connectivity, and flexibility. The new models, ProcessMaster and AquaMaster, integrate high performance, modular design, and IoT connectivity to meet diverse industrial and utility demands.
In March 2024, ONICON Incorporated has unveiled the FT-3500 Insertion Electromagnetic Flow Meter and Thermal Energy Measurement System, integrating advanced Connection to Power Source with user-friendly connectivity. Designed for HVAC Electrode Materials, the FT-3500 offers seamless communication capabilities for enhanced performance.