Flow Sensor Market to Make Great Impact In Near Future Led by Proxitron GmbH, Siemens, Sika AG, First Sensor AG, Emerson Electric Co., SICK AG, OMEGA Engineering
A number of manufacturers are studying the benefits of advanced manufacturing technologies to aid them convey innovations in the Flow Sensor market. Some of the outstanding agencies contesting for significant shares have been studied in detail. Their agency profiles have additionally been included in this report. The Flow Sensor enterprise is witnessing the recent waves of trade due to the rising affinity toward Flow Sensor merchandise that are at greater side of the fee spectrum.
Global Flow Sensor Market is expected to rise from its initial estimated value of USD 7022.25 million to an estimated value of USD 12256.28 million by 2026, registering a CAGR of 7.21% in the forecast period of 2019-2026. Increasing demand of flow sensors by various end- users is major factor for the growth of this market.
Influencing players of this market are: Proxitron GmbH, Siemens, Sika AG, First Sensor AG, Emerson Electric Co., SICK AG, OMEGA Engineering inc., Christian Bürkert GmbH & Co. KG, TSI, KEYENCE CORPORATION., Honeywell International Inc., ABB, Motorola Solutions, Inc., Robert Bosch GmbH, Infineon Technologies AG, Fluke Process Instruments., Delphi Technologies.
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The excellence and transparency maintained in this Flow Sensor report makes it achieve the trust and reliance of the member companies and customers. Some of these strategies can be listed as new product launches, expansions, agreements, partnerships, joint ventures, and acquisitions. Thus, the Flow Sensor market report aids strengthen organization and make better decisions for steering the business on the right track. While generating this Flow Sensor report, research and analysis has been performed with one step or the combination of several steps depending upon the business and client necessities. The rise in market value is generally pointed towards the rising growth of the applicable industries and the subsequent rise in demand of applications.
- Rising demand of advanced flow meters in oil & gas industry is driving the growth of this market
- Increasing demand for chemical and petrochemical products is another factor driving the growth of this market
Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Product Flow Sensor Market, By Type
7 Product Flow Sensor Market, By Organization Size
8 Product Flow Sensor Market Analysis, By Region
9 Competitive Landscape
10 Company Profiles
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- High price of the flow sensors is restraining the growth of this market
- Drop in the price of oil and gas is another factor restraining the market growth
Segmentation: Flow Sensor Market
By Type (Differential Pressure Flow Sensors, Positive Displacement Flow Sensors, Mass Flow Sensors, Open Channel Flow Sensors, Velocity Flow Sensors, Others),
By Technology (Variable Area, Orifice Plate, Venturi Flow Sensors, Pitot Tubes, Oval Gear, Rotary Vane, Turbine Flow Sensors, Vortex Flow Sensors, Electromagnetic Flow Sensors, Ultrasonic Flow Sensors, Coriolis Flow Sensors, Thermal Flow Sensors, Mechanical Flow Sensors, Others),
By End- Use (Oil and Gas, Food and Beverage, Water Management, Chemical & Pharmaceutical, Pulp and Paper, Aerospace, HVAC and Energy),
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Key Developments in the Market:
- In May 2018, Bell Flow Systems announced the launch of their Dynasonics TFX-500w Ultrasonic Clamp-on Flow Meter which is designed to measure the water flow in industrial applications. Its non- invasive design results in no loss of pressure. They are specially designed for wastewater effluent, industrial discharge, agricultural irrigation and water systems.
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Global flow sensor market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow sensor market for global, Europe, North America, Asia-Pacific and South America.
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