PUBLISHER: IMARC | PRODUCT CODE: 1291552
PUBLISHER: IMARC | PRODUCT CODE: 1291552
Electromagnetic Flowmeter Market by Product, Application, and Region 2023-2028
Market Overview:
The global electromagnetic flowmeter market size reached US$ 2.12 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.77 Billion by 2028, exhibiting a growth rate (CAGR) of 4.42% during 2023-2028. The rising product utilization in the wastewater treatment industry, growing product demand in the chemical industry, and the recent development of smart electromagnetic flowmeters represent some of the key factors driving the market.
An electromagnetic flowmeter refers to a device that is used for measuring the flow of the liquid when it passes through the pipeline. It's comprised of several components, such as a flow tube, electromagnetic coil, transmitters, grounding rings, electrodes, and signal cables. Electromagnetic flowmeter is manufactured using various high-quality, lightweight, and corrosion-resistant materials, such as stainless steel, aluminum, copper, plastic, ceramic, and glass. It is widely used in aircraft, rocket engines, water treatment, chemical production, food processing, drug manufacturing, power plants, irrigation systems, and heating, ventilation, and air conditioning (HVAC) equipment. The electromagnetic flowmeter is a user-friendly, easy-to-install device that offers high measuring accuracy and minimum pressure loss. As a result, electromagnetic flowmeter finds extensive applications across the food and beverage (F&B), oil and gas, pharmaceutical, agriculture, and chemical industries.
Electromagnetic Flowmeter Market Trends:
The rising product utilization in the wastewater treatment industry is one of the key factors propelling the market growth. An electromagnetic flowmeter is widely used to measure the flow rate of wastewater and untreated sewage, detect leakages and blockages, monitor sludge flow, and control the addition of chemicals, such as coagulants and flocculants. In addition to this, the implementation of various government initiatives to boost wastewater treatment infrastructure to provide a clean water supply and prevent scarcity is acting as another growth-inducing factor. Furthermore, the growing product demand in the chemical industry to monitor highly reactive and corrosive fluids, such as acids, bases, and solvents, and control the dosing of catalysts and additives is providing an impetus to the market growth. Additionally, the integration of advanced data analytics and predictive maintenance to monitor the performance in real-time, identify potential issues, and recommend repair is positively influencing the market growth. Besides this, the recent development of smart electromagnetic flowmeters that are equipped with wireless connectivity, such as Wi-Fi and Bluetooth, to enable remote monitoring and control capabilities is providing a thrust to the market growth. Moreover, the widespread product adoption as a non-invasive flow measurement solution across F&B, pharmaceutical, and other industries to prevent the risk of contamination is supporting market growth. Other factors, including rapid industrialization activities, increasing investment in the development of advanced products, and the growing adoption of automation across industries, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global electromagnetic flowmeter market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on product and application.
Product Insights:
- In-line Magnetic Flowmeters
- Low Flow Magnetic Flowmeters
- Insertion Magnetic Flowmeters
The report has provided a detailed breakup and analysis of the electromagnetic flowmeter market based on the product. This includes in-line, low flow, and insertion magnetic flowmeters. According to the report, in-line magnetic flowmeters represented the largest segment.
Application Insights:
- Water and Wastewater
- Chemicals and Petrochemicals
- Power Generation
- Metals and Mining
- Oil and Gas
- Food and Beverages
- Others
A detailed breakup and analysis of the electromagnetic flowmeter market based on the application has also been provided in the report. This includes water and wastewater, chemicals and petrochemicals, power generation, metals and mining, oil and gas, food and beverages, and others. According to the report, water and wastewater accounted for the largest market share.
Regional Insights:
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for electromagnetic flowmeter. Some of the factors driving the Asia Pacific electromagnetic flowmeter market included rapid industrialization, increasing government initiatives, and significant technological advancements.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global electromagnetic flowmeter market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include ABB Ltd., Azbil Corporation, Badger Meter Inc., Danaher Corporation, Emerson Electric Co., Endress+Hauser AG, Honeywell International Inc., KROHNE Messtechnik GmbH, OMEGA Engineering Inc., Siemens AG, Toshiba Corporation, Yokogawa Electric Corporation, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global electromagnetic flowmeter market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global electromagnetic flowmeter market?
- What is the impact of each driver, restraint, and opportunity on the global electromagnetic flowmeter market?
- What are the key regional markets?
- Which countries represent the most attractive electromagnetic flowmeter market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the electromagnetic flowmeter market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the electromagnetic flowmeter market?
- What is the competitive structure of the global electromagnetic flowmeter market?
- Who are the key players/companies in the global electromagnetic flowmeter market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Electromagnetic Flowmeter Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 In-line Magnetic Flowmeters
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Low Flow Magnetic Flowmeters
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Insertion Magnetic Flowmeters
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Water and Wastewater
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Chemicals and Petrochemicals
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Power Generation
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Metals and Mining
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Oil and Gas
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Food and Beverages
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Others
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 ABB Ltd.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Azbil Corporation
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.3 Badger Meter Inc.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 Danaher Corporation
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Emerson Electric Co.
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 Endress+Hauser AG
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 SWOT Analysis
- 13.3.7 Honeywell International Inc.
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 KROHNE Messtechnik GmbH
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 OMEGA Engineering Inc.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.10 Siemens AG
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.11 Toshiba Corporation
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.11.3 Financials
- 13.3.11.4 SWOT Analysis
- 13.3.12 Yokogawa Electric Corporation
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
- 13.3.12.3 Financials
- 13.3.12.4 SWOT Analysis
- 13.3.1 ABB Ltd.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Electromagnetic Flowmeter Market: Major Drivers and Challenges
- Figure 2: Global: Electromagnetic Flowmeter Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Electromagnetic Flowmeter Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Electromagnetic Flowmeter Market: Breakup by Product (in %), 2022
- Figure 5: Global: Electromagnetic Flowmeter Market: Breakup by Application (in %), 2022
- Figure 6: Global: Electromagnetic Flowmeter Market: Breakup by Region (in %), 2022
- Figure 7: Global: Electromagnetic Flowmeter (In-line Magnetic Flowmeters) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Electromagnetic Flowmeter (In-line Magnetic Flowmeters) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Electromagnetic Flowmeter (Low Flow Magnetic Flowmeters) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Electromagnetic Flowmeter (Low Flow Magnetic Flowmeters) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Electromagnetic Flowmeter (Insertion Magnetic Flowmeters) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Electromagnetic Flowmeter (Insertion Magnetic Flowmeters) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Electromagnetic Flowmeter (Water and Wastewater) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Electromagnetic Flowmeter (Water and Wastewater) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Electromagnetic Flowmeter (Chemicals and Petrochemicals) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Electromagnetic Flowmeter (Chemicals and Petrochemicals) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Electromagnetic Flowmeter (Power Generation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Electromagnetic Flowmeter (Power Generation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Electromagnetic Flowmeter (Metals and Mining) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Electromagnetic Flowmeter (Metals and Mining) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Electromagnetic Flowmeter (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Electromagnetic Flowmeter (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Electromagnetic Flowmeter (Food and Beverages) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Electromagnetic Flowmeter (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Electromagnetic Flowmeter (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Electromagnetic Flowmeter (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: North America: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: North America: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: United States: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: United States: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Canada: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Canada: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Asia-Pacific: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Asia-Pacific: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: China: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: China: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Japan: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Japan: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: India: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: India: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: South Korea: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: South Korea: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Australia: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Australia: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Indonesia: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Indonesia: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Others: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Others: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Europe: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Europe: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Germany: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Germany: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: France: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: France: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: United Kingdom: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: United Kingdom: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Italy: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Italy: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Spain: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Spain: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Russia: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Russia: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Others: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Others: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Latin America: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Latin America: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Brazil: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Brazil: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Mexico: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Mexico: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Others: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Others: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Middle East and Africa: Electromagnetic Flowmeter Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Middle East and Africa: Electromagnetic Flowmeter Market: Breakup by Country (in %), 2022
- Figure 75: Middle East and Africa: Electromagnetic Flowmeter Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Global: Electromagnetic Flowmeter Industry: Drivers, Restraints, and Opportunities
- Figure 77: Global: Electromagnetic Flowmeter Industry: Value Chain Analysis
- Figure 78: Global: Electromagnetic Flowmeter Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Electromagnetic Flowmeter Market: Key Industry Highlights, 2022 & 2028
- Table 2: Global: Electromagnetic Flowmeter Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 3: Global: Electromagnetic Flowmeter Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Electromagnetic Flowmeter Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Electromagnetic Flowmeter Market: Competitive Structure
- Table 6: Global: Electromagnetic Flowmeter Market: Key Players
