Global Flowmeter Market 2023 : Size, Demand, Size, Share And Forecast To 2032 | ABB Ltd., Emerson Electric Co., Em-Tec GmbH, Endress+Hauser Management AG, General Electric Company

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Flowmeter market report by The Business Research Company, An increase in pharmaceutical production is expected to propel the growth of the flowmeter market. A flowmeter is a device that measures a liquid or gas's linear, nonlinear, mass, or volumetric flow rate. For the manufacturing of pharmaceuticals, flowmeters are used to control extremely sensitive conditions such as pressure and temperature. According to IBEF, the Indian pharmaceutical market grew 17.7% annually in August 2021, which is an increase from 13.7% in July 2020.

The global flowmeter market size grew from $8.13 billion in 2022 to $8.93 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The flowmeter market size is expected to grow to $13.13 billion in 2027 at a CAGR of 10.1%.

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https://www.thebusinessresearchcompany.com/report/flowmeter-global-market-report

Major competitors in the Flowmeter market include ABB Ltd., Emerson Electric Co., Em-Tec GmbH, Endress+Hauser Management AG, General Electric Company

The Flowmeter market is segmented -

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 Flow Meter.
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, Other End Users. Asia-Pacific was the largest region in the flowmeter market in 2022

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The flowmeter refers 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.

The Table Of Content For The Flowmeter Market Include:

1. Executive Summary
2. Flowmeter market Characteristics
3. Flowmeter market Trends And Strategies
4. Flowmeter Market - Macro Economic Scenario
5. Flowmeter market Size And Growth
……
26. Africa Flowmeter market
27. Flowmeter market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Flowmeter market
29. Flowmeter market Future Outlook and Potential Analysis
30. Appendix

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