North America Flow Meter Market Size & Outlook, 2023-2030
North America flow meter market, 2018-2030 (US$M)
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North America flow meter market highlights
- The North America flow meter market generated a revenue of USD 2,916.7 million in 2023.
- The market is expected to grow at a CAGR of 5.2% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,916.7 million |
| Market revenue in 2030 | USD 4,159.5 million |
| Growth rate | 5.2% (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, North America region accounted for 29.1% 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 |
|---|
North America 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 25.84% in 2023. Horizon Databook has segmented the North America 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.
- North America Flow Meter Product Outlook (Revenue, USD Million, 2018-2030)
- Differential Pressure (DP)
- Positive Displacement (PD)
- Magnetic
- Ultrasonic
- Coriolis
- Turbine
- Vortex
- Others
- North America Flow Meter Application Outlook (Revenue, USD Million, 2018-2030)
- Water & Wastewater
- Oil & Gas
- Chemicals
- Power Generation
- Pulp & Paper
- Food & Beverage
- Others
- North America Flow Meter Transmission Method Outlook (Revenue, USD Million, 2018-2030)
- Wired Magnetic Flowmeter
- Wireless Magnetic Flowmeter
- North America Flow Meter Pipe Size Outlook (Revenue, USD Million, 2018-2030)
- 2 inches
- 4 inches
- 6 inches
- More than 6 inches
- North America Flow Meter Power Type Outlook (Revenue, USD Million, 2018-2030)
- Electric
- Solar
- Battery Powered
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Target buyers of North America 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 North America flow meter market , including forecasts for subscribers. This continent databook contains high-level insights into North America flow meter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America flow meter market size, by country, 2018-2030 (US$M)
North America Flow Meter Market Outlook Share, 2023 & 2030 (US$M)
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