Electromagnetic Flowmeter Market Report: Trends, Forecast and Competitive Analysis to 2030

Electromagnetic Flowmeter Trends and Forecast

The future of the global electromagnetic flowmeter market looks promising with opportunities in the water and wastewater, chemicals and petrochemical, power generation, metals and mining, oil and gas and food and beverages market. The global electromagnetic flowmeter market is expected to reach an estimated $2.8 billion by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are increase in mining activities, growing demand from chemical industry and on-going technological innovations in irrigation, and development in sewage water treatment and water distribution globally.

A more than 150-page report is developed to help in your business decisions.

Electromagnetic Flowmeter by Segment

The study includes a forecast for the global electromagnetic flowmeter by product, application, and region.

Electromagnetic Flowmeter Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• In-line Magnetic Flowmeters
• Low Flow Magnetic Flowmeters
• Insertion Magnetic Flowmeters

Electromagnetic Flowmeter Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Water and Wastewater
• Chemicals and Petrochemicals
• Power Generation
• Metals and Mining
• Oil and Gas
• Food and Beverages

Electromagnetic Flowmeter Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electromagnetic Flowmeter Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electromagnetic flowmeter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electromagnetic flowmeter companies profiled in this report include-

• ABB
• Badger Meter
• Emerson Electric
• Endress+Hauser
• General Electric
• Honeywell International
• Krohne Messtechnik
• Mccrometer
• Omega Engineering
• Siemens

Electromagnetic Flowmeter Market Insights

Lucintel forecasts that in-line magnetic flowmeters will remain the largest segment over the forecast period.

Water and wastewater will remain the largest segment.

APAC is expected will remain the largest region over the forecast period.

Features of the Global Electromagnetic Flowmeter Market

Market Size Estimates: Electromagnetic flowmeter market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electromagnetic flowmeter market size by product, application, and region. in terms of value ($B).

Regional Analysis: Electromagnetic flowmeter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, applications, and region.s for the electromagnetic flowmeter market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electromagnetic flowmeter market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the electromagnetic flowmeter market size?

Answer: The global electromagnetic flowmeter market is expected to reach an estimated $2.8 billion by 2030.

Q.2. What is the growth forecast for electromagnetic flowmeter market?

Answer: The global electromagnetic flowmeter market is expected to grow with a CAGR of 4.1% from 2024 to 2030.

Q.3. What are the major drivers influencing the growth of the electromagnetic flowmeter market?

Answer: The major drivers for this market are increase in mining activities, growing demand from chemical industry and on-going technological innovations in irrigation, and development in sewage water treatment and water distribution globally.

Q.4. What are the major segments for electromagnetic flowmeter market?

Answer: The future of the global electromagnetic flowmeter market looks promising with opportunities in the water and wastewater, chemicals and petrochemical, power generation, metals and mining, oil and gas and food and beverages market.

Q.5. Who are the key electromagnetic flowmeter market companies?

Answer: Some of the key electromagnetic flowmeter companies are as follows:

• ABB
• Badger Meter
• Emerson Electric
• Endress+Hauser
• General Electric
• Honeywell International
• KROHNE Messtechnik
• McCrometer
• Omega Engineering
• Siemens

Q.6. Which electromagnetic flowmeter market segment will be the largest in future?

Answer: Lucintel forecasts that in-line magnetic flowmeters will remain the largest segment over the forecast period.

Q.7. In electromagnetic flowmeter market, which region is expected to be the largest in next 5 years?

Answer:APAC is expected will remain the largest region over the forecast period.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the electromagnetic flowmeter market by product (in-line magnetic flowmeters, low flow magnetic flowmeters, and insertion magnetic flowmeters), application (water and wastewater, chemicals and petrochemicals, power generation, metals and mining, oil and gas, and food and beverages), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?