Global Flow Meter Market Size & Outlook, 2023-2030
Global flow meter market, 2018-2030 (US$M)
Related Markets
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 2023 | USD 10,015.3 million |
| Market revenue in 2030 | USD 14,657.9 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Magnetic |
| Fastest growing segment | Coriolis |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Differential 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 Scope
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
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Our clientele includes a mix of flow meter market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,176.9 | 2,306.7 | 2,441.2 | 2,591.4 | 2,752.8 | 2,916.7 | 3,088.0 | 3,265.3 | 3,447.7 | 3,632.6 | 3,809.5 | 3,981.9 | 4,159.5 | 5.2% |
| Europe | 2,708.8 | 2,856.8 | 3,008.9 | 3,178.2 | 3,359.4 | 3,541.9 | 3,730.9 | 3,924.9 | 4,122.9 | 4,320.8 | 4,507.1 | 4,686.0 | 4,868.0 | 4.7% |
| Asia Pacific | 1,509.3 | 1,632.1 | 1,762.8 | 1,909.2 | 2,069.7 | 2,238.0 | 2,417.8 | 2,609.2 | 2,804.7 | 3,011.4 | 3,217.8 | 3,426.5 | 3,645.4 | 7.2% |
| Latin America | 247.5 | 260.4 | 273.5 | 287.9 | 303.2 | 318.9 | 335.0 | 351.3 | 367.7 | 384.4 | 399.3 | 413.9 | 428.5 | 4.3% |
| MEA | 697.8 | 750.5 | 805.5 | 866.5 | 932.2 | 999.8 | 1,070.4 | 1,144.2 | 1,227.0 | 1,309.2 | 1,390.3 | 1,471.5 | 1,556.5 | 6.5% |
| Overall | 7,340.3 | 7,806.5 | 8,291.9 | 8,833.2 | 9,417.3 | 10,015.3 | 10,642.1 | 11,294.9 | 11,970.0 | 12,658.4 | 13,324.0 | 13,979.8 | 14,657.9 | 5.6% |
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