Intelligent Flow Meter Market
Flow Meter Market
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Intelligent flow meters are used to measure fluidic phenomenon in a wide range of industrial as
well as commercial applications including oil and gas, food and beverages, pharmaceutical
industry and power generation. An intelligent flow meter is used to measure the velocity of a
fluid with ultrasound or any other technique to calculate the volume flow. Intelligent flow
meters remain unaffected from temperature, viscosity, density and any suspended particulates.
Intelligent flow meters are electronic meters and thus does not involve any moving parts unlike
mechanical flow meters. Flow meters is the quantification of bulk fluid movement. Flow can be
measured by contact type or non contact type sensors but intelligent flow meters involve non
contact type of measurement of fluid flow. Intelligent flow meters usually sends a laser beam or
an ulstrasonic beam to the moving liquid which gets reflected back from the moving liquid and
the movement or velocity of the moving fluid is displayed on the screen. The intelligent flow
meters are widely used in fluid industries to check the fluid flow inside the pipes as well as to
maintain the fluid flow in such pipes.
Global Intelligent Flow Meter Market: Segmentation
The global intelligent flow meter market can be segmented on the basis of type, technology,
application and region. On the basis of type, the global intelligent flow metrer market can be
segmented into coriolis intelligent flow meter, electromagnetic intelligent flow mater, vortex
intelligent flow meter, ultrasonic intelligent flow meter and others. On account of technology,
the global intelligent flow meters market can be segmented into profibus, HART and others. On
the basis of applications, the intelligent flow meters market can be segmented into water and
wastewater, oil and gas, chemicals, pharmaceuticals, food and beverages, power generation and
On the basis of regions, the intelligent flow meters market can be segmented into North
America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan,
Middle East and Africa and Japan.
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Global Intelligent Flow Meter Market: Drivers
With the increasing need for reduced uncertainity among metrologists to improve the
caliberation standards for flow is a key factor driving the growth of the global intelligent
flow meter market. With the evolving technologies in the ultrasonic measurement
technology, demand for intelligent flow meter is growing simultaneously thus boosting
the growth of the market. With the rising requirement of precision in oil and gas industry
to caliberate the fluids accurately, intelligent flow meters are widely deployed globally
thus in turn fuelling the growth of the global intelligent flow meter market.
Global Intelligent Flow Meter Market: Restraints
The high initial prices of intelligent flow meter is a key element restraining the growth of
the global intelligent flow meter market. Furthermore, less accuracy and delicacy in the
intelligent flow meter is another major factor posing as a challenge to the global
intelligent flow meter market.
Global Intelligent Flow Meter Market: Region-Wise Outlook
Asia Pacific is the largest market for intelligent flow meters due to rapid industrialization
and increase in oil and gas demands followed by Middle East and Africa being the second
largest region in the consumption of intelligent flow meter. North America and Western
Europe also account for a good share of consumption of intelligent flow meters.
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Global Intelligent Flow Meter Market: Key Players
The major companies involved in the manufacturing and production of intelligent flow
meters are Emerson Electric Company (U.S), Endress+Hauser AG (Germany), ABB
limited (Switzerland), Honeywell International Inc. (U.S), Siemens AG (Germany),
Yokogawa Electric Corporation (Japan), Abzil Corporation, Brooks Instruments, General
Electric Company, Krohne Messtechnik GMBH and others.
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