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The global magnetic flowmeters market is projected to grow at a CAGR of over 5.5% in the forecast period of 2021-2026. The industry is being driven by the advancement in technology and the increased product demand from water and wastewaters end-use sectors.
There are several technological developments in the global magnetic flowmeters market, including the growth of smart magnetic flowmeter. Smart magnetic flowmeters use state-of-the-art computing technology with improved flow computer functionality, which can further form connectivity via Highway Addressable Remote Transducer (HART) communication protocols. This allows smart magnetic flowmeters to provide uninterrupted information flow even in distant regions, thus, aiding the industry growth.
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A magnetic flow meter is a type of flowmeter used to measure the quantification of bulk fluid movement. It has no moving parts and is suitable for wastewater applications or any conductive or water-based filthy liquid. The global magnetic flowmeters market can be divided based on segments like components, product, and application.
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The industry can be broadly categorised based on its components into:
The industry can be divided based on its product as:
The industry can be divided based on its application as:
The EMR report looks into the regional magnetic flowmeters markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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Mechanical flow measuring equipment have high maintenance costs, low precision, and further requires frequent calibration for distinct kinds of liquids. Magnetic flowmeters assist mechanical measuring systems is overcoming these difficulties. The lack of moving components in magnetic flowmeters enables the measurement of thick sludge and fluid. Magnetic flowmeters are also fitted with abrasion-resistant and corrosion-resistant liners that make it extremely efficient in measuring erosive fluids, slurry, and most acid and base types. In addition, magnetic flowmeters require low calibration and can evaluate properties of liquid with high precision. The high precision of magnetic flowmeter is boosting its popularity in the process industry and leading to its increased adoption, which will aid the magnetic flowmeters industry over the forecast period.
The report presents a detailed analysis of the following key players in the global magnetic flowmeters market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1.1 Objectives of the Study
1.2 Key findings of the Study
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Inference Data
3 Executive Summary
3.1 Market Overview
3.2 Market Analysis
4 Global Magnetic Flowmeters Market Analysis
4.1 Global Magnetic Flowmeters Market (2016-2020) & Forecast (2021-2026)
4.2 Global Magnetic Flowmeters Market Breakup by Components
4.2.1 Magnetic Coils
4.2.3 Sensing Electrodes
4.2.4 Non-magnetic Flow Tubes
4.3 Global Magnetic Flowmeters Market Breakup by Components: Historical Market (2016-2020) & Forecast (2021-2026)
4.3.1 Magnetic Coils
4.3.3 Sensing Electrodes
4.3.4 Non-magnetic Flow Tubes
4.4 Global Magnetic Flowmeters Market Breakup by Product
4.4.1 In-line Magnetic Flowmeters
4.4.2 Low Flow Magnetic Flowmeters
4.4.3 Insertion Magnetic Flowmeters
4.5 Global Magnetic Flowmeters Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
4.5.1 In-line Magnetic Flowmeters
4.5.2 Low Flow Magnetic Flowmeters
4.5.3 Insertion Magnetic Flowmeters
4.6 Global Magnetic Flowmeters Market Breakup by Application
4.6.1 Water and Wastewater
4.6.2 Chemicals and Petrochemicals
4.6.3 Power Generation
4.6.4 Metals and Mining
4.6.5 Oil and Gas
4.6.6 Food and Beverages
4.6.7 Pulp and Paper
4.7 Global Magnetic Flowmeters Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
4.7.1 Water and Wastewater
4.7.2 Chemicals and Petrochemicals
4.7.3 Power Generation
4.7.4 Metals and Mining
4.7.5 Oil and Gas
4.7.6 Food and Beverages
4.7.7 Pulp and Paper
4.8 Global Magnetic Flowmeters Market Breakup by Region
4.8.1 North America
184.108.40.206 United States of America
220.127.116.11 United Kingdom
4.8.3 Asia Pacific
4.8.4 Latin America
4.8.5 Middle East & Africa
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
4.9 Global Magnetic Flowmeters Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
4.9.1 North America
188.8.131.52 United States of America
184.108.40.206 United Kingdom
4.9.3 Asia Pacific
4.9.4 Latin America
4.9.5 Middle East & Africa
220.127.116.11 Saudi Arabia
18.104.22.168 United Arab Emirates
22.214.171.124 South Africa
5 SWOT Analysis
6 Porter’s Five Forces Analysis
6.2 Buyer’s Power
6.3 Supplier’s Power
6.4 New Entrants
6.5 Degree of Rivalry
7 Competitive Landscape & Supplier Analysis
7.1 ABB Ltd (SWX: ABBN)
7.2 Azbil Corporation (TYO: 6845)
7.3 Endress+Hauser AG
7.4 Emerson Electric Corporation
7.5 General Electric (NYSE: GE)
7.6 Honeywell International Inc. HON (NYSE)
7.7 KROHNE Messtechnik GmbH
7.8 OMEGA Engineering, Inc.
8 Industry Events and Developments
Additional Customisations Available:
1 Cost Analysis and Project Economics
1.1 Land, Location and Site Development
1.3 Plant Machinery
1.4 Cost of Raw Material
1.9 Other Capital Investment
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