Canada Flow Meter Market Size & Outlook, 2023-2030

The flow meter market in Canada is expected to reach a projected revenue of US$ 684.8 million by 2030. A compound annual growth rate of 4.7% is expected of Canada flow meter market from 2024 to 2030.
Revenue, 2023 (US$M)
$495.0
Forecast, 2030 (US$M)
$684.8
CAGR, 2024 - 2030
4.7%
Report Coverage
Canada

Canada flow meter market highlights

  • The Canada flow meter market generated a revenue of USD 495.0 million in 2023 and is expected to reach USD 684.8 million by 2030.
  • The Canada market is expected to grow at a CAGR of 4.7% 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.

Flow meter market data book summary

Market revenue in 2023USD 495.0 million
Market revenue in 2030USD 684.8 million
Growth rate4.7% (CAGR from 2023 to 2030)
Largest segmentMagnetic
Fastest growing segmentCoriolis
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDifferential Pressure (DP), Positive Displacement (PD), Magnetic, Ultrasonic, Coriolis, Turbine, Vortex
Key market players worldwideABB 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, Canada accounted for 4.9% of the global flow meter market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. flow meter market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 3,247.7 million by 2030.

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Flow Meter Market Companies

Name Profile # Employees HQ Website

Canada 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 25.13% in 2023. Horizon Databook has segmented the Canada 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.


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

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Target buyers of Canada 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 country-level data and insights on the Canada flow meter market , including forecasts for subscribers. This country databook contains high-level insights into Canada flow meter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada flow meter market size, by product, 2018-2030 (US$M)

Canada Flow Meter Market Outlook Share, 2023 & 2030 (US$M)

Canada flow meter market size, by product, 2018-2030 (US$M)

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