Flow Sensor Market Booming Market to hit $ 12256.28 million by 2026 with Top Key Players Sika AG, First Sensor AG, Emerson Electric, SICK AG, OMEGA, ABB, Robert Bosch
Flow sensors are the instruments that are used to measure the mass and volume rates of liquid, solid material, steam etc. These flow sensors are widely used in industries like food and beverages, chemical and pharmaceutical, pulp and paper, aerospace etc. This flow meter can even detect the slightest flow with high accuracy. Flow sensors are used in many medical devices like insufflators, oxygen concentrators, inhalers etc. Increasing usage of an advanced flow meter in various industries is major factor fueling the growth of this market.
Global Flow Sensor Market is expected to rise from its initial estimated value of USD 7022.25 million to an estimated value of USD 12256.28 million by 2026, registering a CAGR of 7.21% in the forecast period of 2019-2026. Increasing demand of flow sensors by various end- users is major factor for the growth of this market.
Influencing players of this market are: Proxitron GmbH, Siemens, Sika AG, First Sensor AG, Emerson Electric Co., SICK AG, OMEGA Engineering inc., Christian Bürkert GmbH & Co. KG, TSI, KEYENCE CORPORATION., Honeywell International Inc., ABB, Motorola Solutions, Inc., Robert Bosch GmbH, Infineon Technologies AG, Fluke Process Instruments., Delphi Technologies.
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The analysis and forecasting of market data using best statistical and coherent models, market share analysis and key trend analysis are the major accomplishing factors in this market report. This Flow Sensor global market report is generated based on the market type, size of the organization, availability on-premises and the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. In no doubt, today’s businesses highly demand the market research analysis before taking any verdict about the products. Market report like this Flow Sensor holds an immense importance for the growth of any business.
- Rising demand of advanced flow meters in oil & gas industry is driving the growth of this market
- Increasing demand for chemical and petrochemical products is another factor driving the growth of this market
Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Product Flow Sensor Market, By Type
7 Product Flow Sensor Market, By Organization Size
8 Product Flow Sensor Market Analysis, By Region
9 Competitive Landscape
10 Company Profiles
To Continue…….!!! | Get Detailed TOC: @ https://databridgemarketresearch.com/toc/?dbmr=global-flow-sensor-market
- High price of the flow sensors is restraining the growth of this market
- Drop in the price of oil and gas is another factor restraining the market growth
Segmentation: Flow Sensor Market
By Type (Differential Pressure Flow Sensors, Positive Displacement Flow Sensors, Mass Flow Sensors, Open Channel Flow Sensors, Velocity Flow Sensors, Others),
By Technology (Variable Area, Orifice Plate, Venturi Flow Sensors, Pitot Tubes, Oval Gear, Rotary Vane, Turbine Flow Sensors, Vortex Flow Sensors, Electromagnetic Flow Sensors, Ultrasonic Flow Sensors, Coriolis Flow Sensors, Thermal Flow Sensors, Mechanical Flow Sensors, Others),
By End- Use (Oil and Gas, Food and Beverage, Water Management, Chemical & Pharmaceutical, Pulp and Paper, Aerospace, HVAC and Energy),
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Key Developments in the Market:
- In May 2018, Bell Flow Systems announced the launch of their Dynasonics TFX-500w Ultrasonic Clamp-on Flow Meter which is designed to measure the water flow in industrial applications. Its non- invasive design results in no loss of pressure. They are specially designed for wastewater effluent, industrial discharge, agricultural irrigation and water systems.
Global flow sensor market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow sensor market for global, Europe, North America, Asia-Pacific and South America.
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