Flowmeters

The Flowmeters Market Research Study delivers current market analysis plus a five year market and technology forecast.  The study also takes a closer look at upcoming market and technology trends related to flowmeters.  It is available in multiple editions including worldwide, all regions, and most major countries.

Energy Saving Measures and Technology Upgradations Drive the Flowmeters Market

ARC’s market research report on flowmeters investigates the market across four product segments: Coriolis, ultrasonic, magnetic, and vortex flowmeters. While the four modern technologies are a major competition to traditional measurement technologies, these modern technologies also compete among themselves. Each flow technology has its unique merits that make it well suited for certain applications.

Energy saving measures by users across industries are compelling them to monitor fluid usage such as chilled water, steam, compressed air, and natural gas at the plant utility area. This helps users monitor energy usage and efficiency, conserve resources, and reduce maintenance costs. This application will find further usage in emerging industries such as renewables for energy metering.

The demand from the water & wastewater industry is on the rise with increasing scarcity for water. There is high demand for these types of flowmeters especially from developing countries. Growth opportunities are opening in both developing and developed economies, and the report provides suppliers with significant insights into the target industries and application trends.  

Through this report, suppliers can also learn how competitors are forming new areas of collaboration with users by leveraging emerging technologies such as Industrial Internet of Things (IIoT), Ethernet, advanced networking, data services, analytics, and industry standards. 

Flowmeters Strategic Issues

In addition to providing a five-year market forecast, the Flowmeters Market Research Report provides detailed quantitative, current market data and addresses key strategic issues as follows:

Strategic Issue for Flowmeter Vendors:  Competition among Flow Technologies

While the four modern technologies, i.e., Coriolis, ultrasonic, vortex, and magnetic, are a major competition to traditional measurement technologies, these modern technologies also compete among themselves. However, suppliers are constantly improving the capabilities of these flowmeters and, therefore, expanding the range of applications as well as competition among different technologies.

Strategic Issue for Users: Price-sensitive Market in Developing Nations

In countries such as China and India, capital funding is expensive, and many local manufacturers, with limited financing, are highly cost-conscious. These end users are more concerned about their ability to make affordable upfront investment, and this often results in low-cost equipment purchases.

Strategic Issue for All Market Participants: Impact of COVID-19

Due to the unpredictable situations, including lockdowns and a variety of government policies across the globe to contain the pandemic, the figures should be considered preliminary. To support its customers in these uncertain times, ARC has developed a special service package tailored to the needs of industrial companies. The scenarios/model calculations are, so to speak, a first-aid kit for your planning. Scenarios help you understand complex situations by considering different possible outcomes. For further information, please contact your ARC Client Manager or contact person.