Asia Pacific Flow Meter Market Size & Outlook, 2023-2030
Asia Pacific flow meter market, 2018-2030 (US$M)
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Asia Pacific flow meter market highlights
- The Asia Pacific flow meter market generated a revenue of USD 2,238.0 million in 2023.
- The market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, magnetic was the largest revenue generating product in 2023.
- Coriolis is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,238.0 million |
| Market revenue in 2030 | USD 3,645.4 million |
| Growth rate | 7.2% (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 |
| Key market players worldwide | ABB Ltd, Emerson Electric Co, Endress+Hauser Group, GE Aerospace, Hitachi Ltd, Honeywell International Inc, Siemens AG, Yokogawa Electric Corp., Dover Corp, Hontzsch, Krohne |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.3% of the global flow meter market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,645.4 million by 2030.
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Flow Meter Market Scope
Flow Meter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 28.99% in 2023. Horizon Databook has segmented the Asia Pacific 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.
- Asia Pacific Flow Meter Product Outlook (Revenue, USD Million, 2018-2030)
- Differential Pressure (DP)
- Positive Displacement (PD)
- Magnetic
- Ultrasonic
- Coriolis
- Turbine
- Vortex
- Others
- Asia Pacific Flow Meter Application Outlook (Revenue, USD Million, 2018-2030)
- Water & Wastewater
- Oil & Gas
- Chemicals
- Power Generation
- Pulp & Paper
- Food & Beverage
- Others
- Asia Pacific Flow Meter Transmission Method Outlook (Revenue, USD Million, 2018-2030)
- Wired Magnetic Flowmeter
- Wireless Magnetic Flowmeter
- Asia Pacific Flow Meter Pipe Size Outlook (Revenue, USD Million, 2018-2030)
- 2 inches
- 4 inches
- 6 inches
- More than 6 inches
- Asia Pacific Flow Meter Power Type Outlook (Revenue, USD Million, 2018-2030)
- Electric
- Solar
- Battery Powered
Reasons to subscribe to Asia Pacific flow meter market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific 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 continent-level data and insights on the Asia Pacific flow meter market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific flow meter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific flow meter market size, by country, 2018-2030 (US$M)
Asia Pacific Flow Meter Market Outlook Share, 2023 & 2030 (US$M)
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