Intelligent Flow Meter Market Report: Trends, Forecast and Competitive Analysis to 2030

Intelligent Flow Meter Trends and Forecast

The future of the global intelligent flow meter market looks promising with opportunities in the chemical, power generation, food & beverage, metals & mining, oil & gas, paper & pulp, pharmaceutical, water & wastewater markets. The global intelligent flow meter market is expected to reach an estimated $3 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are increasing demand for accurate and efficient flow measurement, rising demand for intelligent flow meters in the energy sector, and growing emphasis on real-time data analysis and enhanced visibility.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Intelligent Flow Meter by Segment

The study includes a forecast for the global intelligent flow meter by type, offering, end use, and region.

Intelligent Flow Meter Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Coriolis
• Magnetic
• Vortex
• Multiphase
• Ultrasonic
• Variable Area
• Differential Pressure
• Thermal
• Turbine

Intelligent Flow Meter Market by Offering [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software
• Services

Intelligent Flow Meter Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Chemicals
• Power Generation
• Food & Beverages
• Metals & Mining
• Oil & Gas
• Paper & Pulp
• Pharmaceuticals
• Water & Wastewater
• Others

Intelligent Flow Meter Market by Region [Shipment Analysis by Value from 2018 to 2030]:

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

List of Intelligent Flow Meter 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 intelligent flow meter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the intelligent flow meter companies profiled in this report include-

• Endress + Hauser
• Azbil
• ABB
• Nidec
• Siemens
• General Electric
• Sierra Instruments

Intelligent Flow Meter Market Insights

Lucintel forecasts that magnetic meter will remain the largest segment over the forecast period as it is more accurate and reliable than other flow meters.

Within this market, oil & gas is expected to witness the highest growth.

APAC is expected to witness highest growth over the forecast period due to increasing industrial automation and presence of major players in the region.

Features of the Global Intelligent Flow Meter Market

Market Size Estimates: Intelligent flow meter 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: Intelligent flow meter market size by type, offering, end use, and region in terms of value ($B).

Regional Analysis: Intelligent flow meter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, offerings, end uses, and regions for the intelligent flow meter market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the intelligent flow meter market.

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

FAQ

Q1. What is the intelligent flow meter market size?

Answer: The global intelligent flow meter market is expected to reach an estimated $3 billion by 2030.

Q2. What is the growth forecast for intelligent flow meter market?

Answer: The global intelligent flow meter market is expected to grow with a CAGR of 4.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the intelligent flow meter market?

Answer: The major drivers for this market are increasing demand for accurate and efficient flow measurement, rising demand for intelligent flow meters in the energy sector, and growing emphasis on real-time data analysis and enhanced visibility.

Q4. What are the major segments for intelligent flow meter market?

Answer: The future of the intelligent flow meter market looks promising with opportunities in the chemical, power generation, food & beverage, metals & mining, oil & gas, paper & pulp, pharmaceutical, water & wastewater markets.

Q5. Who are the key intelligent flow meter market companies?

Answer: Some of the key intelligent flow meter companies are as follows:

• Endress + Hauser
• Azbil
• ABB
• Nidec
• Siemens
• General Electric
• Sierra Instruments

Q6. Which intelligent flow meter market segment will be the largest in future?

Answer: Lucintel forecasts that magnetic meter will remain the largest segment over the forecast period as it is more accurate and reliable than other flow meters.

Q7. In intelligent flow meter market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to increasing industrial automation and presence of major players in the region.

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 intelligent flow meter market by type (coriolis, magnetic, vortex, multiphase, ultrasonic, variable area, differential pressure, thermal, and turbine), offering (hardware, software, and services), end use (chemicals, power generation, food & beverages, metals & mining, oil & gas, paper & pulp, pharmaceuticals, water & wastewater, and others), 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?