Market Research Logo

Global Flow Meter Market 2017-2021

Global Flow Meter Market 2017-2021

About Flow Meter

A flow meter is an instrument used for measuring linear, nonlinear, mass, or volumetric flow rate of a liquid, gas or electricity moving through a pipe. Flow meters are also known as flow gauges, flow indicators, or liquid meters. Flow measurement applications are diverse, with each having its own engineering needs and constraints. These meters provide accurate monitoring and flow control, and find wide applications in the residential, commercial, and industrial sectors.

Technavio’s analysts forecast the global flow meter market to grow at a CAGR of 13.22% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global flow meter market for 2017-2021. To calculate the market size, the report considers the new installations/shipments/sales value.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Flow Meter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Elster Group
  • General Electric
  • Itron
  • Landis+Gyr
Other prominent vendors
  • Aclara Technologies
  • Apator
  • Azbil
  • Badger Meter
  • CGI Group
  • Chongqing Shancheng Gas Equipment
  • CJSC Gasdevice
  • CS-INSTRUMENTS
  • Diehl Metering (Diehl Stiftung)
  • EDMI
  • Emerson
  • Endress+Hauser Management
  • Eurodril LTD
  • Forbes Marshall
  • Honeywell International
  • IMAC Systems
  • ITT CONTROLS (Actaris)
  • JVC “Premagas Kromschroeder Ukraine ”
  • KROHNE
  • LAOSP
  • Master Meter
  • Novator State Enterprise
  • OJSC “Ivano-Frankovsky Plant “Prompribor”
  • OJSC “Uzhgorodsky Turbogas ”
  • OJSC “Yampolsky Instrument-Making Plant ”
  • OMEGA Engineering
  • ONICON
  • Premagas
  • Qianwei Kromschroder Meters
  • Raychem RPG
  • SAGEMCOM
  • Schlumberger
  • Schneider Electric
  • SE “Plant “Arsenal ”
  • SE “Plant “Generator ”
  • Sensus
  • Shinagawa
  • SICK
  • Siemens
  • Wyatt Engineering
  • Yokogawa Electric
  • ZENNER
Market driver
  • Augmented demand for smart flow meters
  • For a full, detailed list, view our report
Market challenge
  • Technological obsolescence
  • For a full, detailed list, view our report
Market trend
  • Enhancements in meter performance
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Flow Meter Market 2017-2021

Technavio recognizes the following companies as the key players in the global flow meter market: ABB, Elster Group, General Electric, Itron, and Landis+Gyr

Other Prominent Vendors in the market are: Aclara Technologies, Apator, Azbil, Badger Meter, CGI Group, Chongqing Shancheng Gas Equipment, CJSC "Gasdevice", CS-INSTRUMENTS,Diehl Metering (Diehl Stiftung), EDMI, Emerson, Endress+Hauser Management, Eurodril LTD , Forbes Marshall, Honeywell International, IMAC Systems, ITT CONTROLS (Actaris), JVC “Premagas Kromschroeder Ukraine ”, KROHNE, LAOSP, Master Meter, Novator State Enterprise, OJSC “Ivano-Frankovsky Plant “Prompribor”, OJSC “Uzhgorodsky Turbogas ”, OJSC “Yampolsky Instrument-Making Plant ”, OMEGA Engineering, ONICON, Premagas, Qianwei Kromschroder Meters, Raychem RPG, SAGEMCOM, Schlumberger, Schneider Electric, SE “Plant “Arsenal ”, SE “Plant “Generator ”, Sensus, Shinagawa, SICK, Siemens, Wyatt Engineering, Yokogawa Electric, and ZENNER.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Enhancements in meter performance. Traditional flow meters that are available in the market have a standard battery life of up to 20 years. Due to competitive and demanding market dynamics, there has been a growing demand for additional features in flow meters, such as remote connection and disconnection, prepayment, wireless communication, remote firmware upgrades, and end-to-end encryption and authentication. All such additional benefits and features compromise on the battery life of the flow meter and simultaneously increase variable, operational, and future costs.”

According to the report, one of the major drivers for this market is Augmented demand for smart flow meters. Smart flow meters and smart energy monitors help consumers track their energy use in real time and enable them to make the optimal choices for gas, water, or electricity use. These flow meters have been designed to ensure better energy use and to generate more accurate energy bills. This helps in monetary savings and the optimum utilization of energy. Many residential areas are now being equipped with smart meters alongside commercial and industrial places. British Gas is planning to install almost every household in Britain with a smart meter by 2020.

Further, the report states that one of the major factors hindering the growth of this market is Technological obsolescence. The rapid pace of innovation in the global flow meter market heightens the threat of obsolescence for manufacturers of products that are based on current technologies and protocols. The ever-evolving technological advances like the incorporation of data analytics into flow meters seem lucrative to firms that offer solutions to end-user segments. However, it is not the same for service providers like repair and maintenance support firms of flow meters, as they must keep a strict check on the market prospects, trends, and dynamics or risk becoming obsolete. Rapid technological growth poses a big threat to expensive infrastructure projects in the residential, commercial, and industrial sectors. Smart flow meter infrastructure must be long-lasting, and therefore, quick innovation may lead to a scenario where installers and consumers are caught up in a cycle of installation, de-installation, and re-installation.

Companies Mentioned

ABB, Elster Group, General Electric, Itron, Landis+Gyr, Aclara Technologies, Apator, Azbil, Badger Meter, CGI Group, Chongqing Shancheng Gas Equipment, CJSC Gasdevice, CS-INSTRUMENTS,Diehl Metering (Diehl Stiftung), EDMI, Emerson, Endress+Hauser Management, Eurodril LTD , Forbes Marshall, Honeywell International, IMAC Systems, ITT CONTROLS (Actaris), JVC “Premagas Kromschroeder Ukraine ”, KROHNE, LAOSP, Master Meter, Novator State Enterprise, OJSC “Ivano-Frankovsky Plant “Prompribor”, OJSC “Uzhgorodsky Turbogas ”, OJSC “Yampolsky Instrument-Making Plant ”, OMEGA Engineering, ONICON, Premagas, Qianwei Kromschroder Meters, Raychem RPG, SAGEMCOM, Schlumberger, Schneider Electric, SE “Plant “Arsenal ”, SE “Plant “Generator ”, Sensus, Shinagawa, SICK, Siemens, Wyatt Engineering, Yokogawa Electric, and ZENNER.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Application sectors of flow meters
      • Table Types of flow meters
      • Table Current and future market prospects of different product-types 2016 and 2021
      • Table Current and future market prospects of different regions 2016 and 2021
  • Market landscape
    • Market overview
      • Table Global flow meter market overview
    • Market size and forecast
      • Table Global flow meter market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Market overview
      • Table Global flow meter market by product type 2016 and 2021 (%)
    • Global analog flow meter market
      • Table Global analog flow meter market 2016-2021 ($ billions)
    • Global smart flow meter market
      • Table Global smart flow meter market 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global flow meter market by geography 2016 and 2021 (%)
    • Flow meter market in Americas
      • Table Flow meter market in Americas 2016-2021 ($ billions)
    • Flow meter market in EMEA
      • Table Flow meter market in EMEA 2016-2021 ($ billions)
    • Flow meter market in APAC
      • Table Flow meter market in APAC 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Incremental growth in global smart city investments 2018-2022 ($ billions)
    • Market challenges
  • Market trends
    • Utility data analytics
    • Enhancements in meter performance
    • Integration versus modular methodologies
  • Vendor landscape
    • Competitive landscape
      • Table Key vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • ABB
      • Table ABB: Key products
      • Table ABB: Key flow measurement products
    • Elster Group
    • General Electric
      • Table General Electric: Flow measurement and control products and services
    • Itron
      • Table Itron: Flow measurement and control products and services
    • Landis+Gyr
      • Table Landis+Gyr: Key products
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report