Global Flow Meter Market Size & Outlook, 2023-2030

The flow meter industry worldwide is expected to reach a projected revenue of US$ 14,657.9 million by 2030. A compound annual growth rate of 5.6% is expected of the worldwide flow meter industry from 2024 to 2030.
Revenue, 2023 (US$M)
$10,015.3
Forecast, 2030 (US$M)
$14,657.9
CAGR, 2024 - 2030
5.6%
Report Coverage
Worldwide

Global flow meter market highlights

  • The global flow meter market generated a revenue of USD 10,015.3 million in 2023 and is expected to reach USD 14,657.9 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.6% by 2030.
  • In terms of segment, magnetic accounted for a revenue of USD 2,621.1 million in 2023.
  • Coriolis is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 10,015.3 million
Market revenue in 2030USD 14,657.9 million
Growth rate5.6% (CAGR from 2023 to 2030)
Largest segmentMagnetic
Fastest growing segmentCoriolis
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDifferential Pressure (DP), Positive Displacement (PD), Magnetic, Ultrasonic, Coriolis, Turbine, Vortex

Other key industry trends

  • In terms of revenue, the North America accounted for 29.1% of the global flow meter market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 226.9 million by 2030.

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Flow Meter Market Companies

Name Profile # Employees HQ Website

Global flow meter market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flow meter market will help companies and investors design strategic landscapes.


Magnetic was the largest segment with a revenue share of 26.17% in 2023. Horizon Databook has segmented the Global flow meter market based on differential pressure (dp), positive displacement (pd), magnetic, ultrasonic, coriolis, turbine, vortex covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Flow Meter Product Outlook (Revenue, USD Million, 2018-2030)
    • Differential Pressure (DP)
    • Positive Displacement (PD)
    • Magnetic
    • Ultrasonic
    • Coriolis
    • Turbine
    • Vortex
    • Others
  • Global Flow Meter Application Outlook (Revenue, USD Million, 2018-2030)
    • Water & Wastewater
    • Oil & Gas
    • Chemicals
    • Power Generation
    • Pulp & Paper
    • Food & Beverage
    • Others
  • Global Flow Meter Transmission Method Outlook (Revenue, USD Million, 2018-2030)
    • Wired Magnetic Flowmeter
    • Wireless Magnetic Flowmeter
  • Global Flow Meter Pipe Size Outlook (Revenue, USD Million, 2018-2030)
    • 2 inches
    • 4 inches
    • 6 inches
    • More than 6 inches
  • Global Flow Meter Power Type Outlook (Revenue, USD Million, 2018-2030)
    • Electric
    • Solar
    • Battery Powered

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Target buyers of Global flow meter market databook

  • Our clientele includes a mix of flow meter market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global flow meter market , including forecasts for subscribers. This global databook contains high-level insights into Global flow meter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global flow meter market size, by regions, 2018-2030 (US$M)

Top 10 countries: Flow meter market size, 2023 (US$M)

Global flow meter market share, by product, 2023 & 2030 (%, US$M)

Flow meter market: Opportunity assessment by country

Global flow meter market, by region, 2023 (US$M)

Global flow meter market size, by regions, 2018-2030 (US$M)

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