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Flowmeter Market Analysis, Detailed Strategies, Competitive Landscape, Evolving Trends, Opportunities And Developments
Flowmeter Market
The regions covered in the flowmeter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest flowmeter market share.
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The flowmeter market consists of sales of flowmeters by entities (organizations, sole traders, and partnerships) that refer to a tool utilized to measure the linear, nonlinear, mass, or volumetric flow rate of a liquid or a gas. Flowmeter is also called a flow sensor. Open channels, such as rivers or streams, can be measured with flowmeters. Improving the accuracy, precision, and resolution of fluid measurement are some of the benefits of flowmeters.
Key competitors in the flowmeter market are ABB Ltd, Emerson Electric Co., Em-Tec GmbH, Endress+Hauser Management AG, General Electric Company, Hitachi Ltd., Honeywell International Inc.
The global flowmeter market size is expected to grow from $6.78 billion in 2021 to $7.36 billion in 2022 at a compound annual growth rate (CAGR) of 8.68%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The flowmeter market is expected to reach $10.74 billion in 2026 at a CAGR of 9.88%.
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TBRC's report segments the global flowmeter market:
1) By Type: Differential Pressure Flow Meter, Positive Displacement Flow Meter, Ultrasonic Flow Meter, Turbine Flow Meter, Magnetic Flow Meter, Coriolis Flow Meter, Vortex Flow Meter, Others
2) By Application: Residential, Industrial, Commercial
3) By End-User: Water and Wastewater, Oil and Gas, Chemicals, Power Generation, Pulp and Paper, Food and Beverage, Others
Read Further On The Flowmeter Market Here:
https://www.thebusinessresearchcompany.com/report/flowmeter-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Flowmeter Market Characteristics
3. Flowmeter Market Trends And Strategies
4. Impact Of COVID-19 On Flowmeter
5. Flowmeter Market Size And Growth
.....
28. Key Mergers And Acquisitions In The Flowmeter Market
29. Flowmeter Market Future Outlook And Potential Analysis
30. Appendix
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