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Flow Sensor Market estimated value of USD 12256.28 million by 2026

Flow Sensor Market registering a CAGR of 7.21% in the forecast 2026

Flow sensors are the instruments that are used to measure the mass and volume rates of liquid, solid material, steam etc. These flow sensors are widely used in industries like food and beverages, chemical and pharmaceutical, pulp and paper, aerospace etc. This flow meter can even detect the slightest flow with high accuracy. Flow sensors are used in many medical devices like insufflators, oxygen concentrators, inhalers etc. Increasing usage of advanced flow meter in various industries is major factor fuelling the growth of this market.

Global Flow Sensor Market is expected to rise from its initial estimated value of USD 7022.25 million in 2018 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.

The research and analysis conducted in Flow Sensor Market Report helps clients to predict investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis. This report has been designed in such a way that it provides very evident understanding of the business environment and Hub Motor industry. Nevertheless, this global market research report unravels many business problems very quickly and easily. Due to high demand and the value of market research for the success of different sectors, Hub Motor Market report is provided that covers many work areas.

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Market Drivers:

  • 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

Market Restraints:

  • 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 : Global 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

Diaphragm Sensors

Rotatory Gas Sensors

Turbine Sensors

Paddlewheel 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

US

Canada

Mexico

South America

Brazil

Argentina

Rest of South America

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Turkey

Belgium

Netherlands

Switzerland

Rest of Europe

Asia-Pacific

Japan

China

South Korea

India

Australia

Singapore

Malaysia

Indonesia

Thailand

Philippines

Rest of Asia-Pacific

Middle East and Africa

South Africa

Egypt

Saudi Arabia

United Arab Emirates

Israel

Rest of Middle East and Africa

 Major Market Competitors/Players

Few of the major competitors currently working in flow sensor 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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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.
  • In September 2017, Sensirion announced that they have acquired Auto Industrial Co. Ltd so that they can expand their business as 1st tier and OEM automotive sensor module supplier. The main aim is to provide high quality sensing solutions to the customers in South Korea, US and China. Both the companies will combine their technologies so that they can bring automotive environmental sensing to the next level.

 Competitive Analysis

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.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

Major Highlights of Flow Sensor Market in Covid-19 pandemic covered in report:

The report provides impact of COVID-19 on Flow Sensor market along with its impact on overall industry and economy of world. Further, it adds changes in consumer buying behavior as it impacts majorly on market growth and sales. Distributors and traders on marketing strategy analysis focusing on region wise needs in covid-19 pandemic is also added in the Flow Sensor market report. The last segment of COVID-19 impact chapter include recovery and major changes opted by major players involved in Flow Sensor market.

Reasons to Purchase this Report:

  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
  • Market value USD Million and volume Units Million data for each segment and sub-segment
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

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Table of Content:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

PART 05: MARKET LANDSCAPE

PART 06: MARKET SIZING

PART 07: FIVE FORCES ANALYSIS

PART 08: MARKET SEGMENTATION BY PRODUCT

PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

PART 10: CUSTOMER LANDSCAPE

PART 11: MARKET SEGMENTATION BY END-USER

PART 12: REGIONAL LANDSCAPE

PART 13: DECISION FRAMEWORK

PART 14: DRIVERS AND CHALLENGES

PART 15: MARKET TRENDS

PART 16: COMPETITIVE LANDSCAPE

PART 17: COMPANY PROFILES

PART 18: APPENDIX

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