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Magnetic Flowmeters Market

Global Magnetic Flowmeters Market Size, Trends, Analysis: By Components: Magnetic Coils, Transmitters, Sensing Electrodes, Non-magnetic Flow Tubes; By Product: In-Line Magnetic Flowmeters, Low Flow Magnetic Flowmeters, Insertion Magnetic Flowmeters; By Application; Regional Analysis; Competitive Landscape; 2024-2032

Global Magnetic Flowmeters Market Outlook

The global magnetic flowmeters market is projected to grow at a CAGR of over 5.5% in the forecast period of 2024-2032. 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.

 

Global Magnetic Flowmeters Market

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Market Segmentation

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.

 

Global Magnetic Flowmeters Market

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The industry can be broadly categorised based on its components into:

  • Magnetic Coils
  • Transmitters
  • Sensing Electrodes
  • Non-Magnetic Flow Tubes

The industry can be divided based on its product as:

  • In-Line Magnetic Flowmeters
  • Low Flow Magnetic Flowmeters
  • Insertion Magnetic Flowmeters.

The industry can be divided based on its application as:

  • Water and Wastewater
  • Chemicals and Petrochemicals
  • Power Generation
  • Metals and Mining
  • Oil and Gas
  • Food and Beverages
  • Pulp and Paper
  • Pharmaceuticals

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.

 

Market Analysis

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.

 

Global Magnetic Flowmeters Market

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Competitive Landscape

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:

  • ABB Ltd.
  • Azbil Corporation
  • Endress+Hauser Group Services AG
  • Emerson Electric Co.
  • Honeywell International Inc.
  • KROHNE Messtechnik GmbH
  • OMEGA Engineering inc.
  • Others

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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Components
  • Product
  • Application
  • Region
Breakup by Components
  • Magnetic Coils
  • Transmitters
  • Sensing Electrodes
  • Non-magnetic Flow Tubes
Breakup by Product
  • In-line Magnetic Flowmeters
  • Low Flow Magnetic Flowmeters
  • Insertion Magnetic Flowmeters
Breakup by Application
  • Water and Wastewater
  • Chemicals and Petrochemicals
  • Power Generation
  • Metals and Mining
  • Oil and Gas
  • Food and Beverages
  • Pulp and Paper
  • Pharmaceuticals
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • ABB Ltd.
  • Azbil Corporation
  • Endress+Hauser Group Services AG
  • Emerson Electric Co.
  • Honeywell International Inc.
  • KROHNE Messtechnik GmbH
  • OMEGA Engineering inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Magnetic Flowmeters Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Magnetic Flowmeters Historical Market (2018-2023) 
    8.3    Global Magnetic Flowmeters Market Forecast (2024-2032)
    8.4    Global Magnetic Flowmeters Market by Components
        8.4.1    Magnetic Coils
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Transmitters
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Sensing Electrodes
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Non-magnetic Flow Tubes
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
    8.5    Global Magnetic Flowmeters Market by Product
        8.5.1    In-Line Magnetic Flowmeters
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Low Flow Magnetic Flowmeters
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Insertion Magnetic Flowmeters
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
    8.6    Global Magnetic Flowmeters Market by Application
        8.6.1    Water & Wastewater
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Chemicals and Petrochemicals
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Power Generation
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Metals and Mining
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Oil and Gas
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Food and Beverages
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
        8.6.7    Pulp and Paper
            8.6.7.1    Historical Trend (2018-2023)
            8.6.7.2    Forecast Trend (2024-2032)
        8.6.8    Pharmaceuticals
            8.6.8.1    Historical Trend (2018-2023)
            8.6.8.2    Forecast Trend (2024-2032) 
    8.7    Global Magnetic Flowmeters Market by Region       
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032) 
9    North America Magnetic Flowmeters Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Magnetic Flowmeters Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Magnetic Flowmeters Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Magnetic Flowmeters Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Magnetic Flowmeters Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    ABB Ltd.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Azbil Corporation
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3     Endress+Hauser Group Services AG   
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Emerson Electric Co.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Honeywell International Inc.
            16.2.5.1    Company Overview 
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    KROHNE Messtechnik GmbH
            16.2.6.1    Company Overview 
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    OMEGA Engineering inc.
            16.2.7.1    Company Overview 
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Magnetic Flowmeters Market: Key Industry Highlights, 2018 and 2032
2.    Global Magnetic Flowmeters Historical Market: Breakup by Component (USD Million), 2018-2023
3.    Global Magnetic Flowmeters Market Forecast: Breakup by Component (USD Million), 2024-2032
4.    Global Magnetic Flowmeters Historical Market: Breakup by Product (USD Million), 2018-2023
5.    Global Magnetic Flowmeters Market Forecast: Breakup by Product (USD Million), 2024-2032
6.    Global Magnetic Flowmeters Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Magnetic Flowmeters Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Magnetic Flowmeters Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Magnetic Flowmeters Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Magnetic Flowmeters Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Magnetic Flowmeters Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Magnetic Flowmeters Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Magnetic Flowmeters Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Magnetic Flowmeters Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Magnetic Flowmeters Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Magnetic Flowmeters Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Magnetic Flowmeters Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Magnetic Flowmeters Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Magnetic Flowmeters Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Magnetic Flowmeters Market Structure

Key Questions Answered in the Report

The market of the global magnetic flowmeters is projected to grow at a CAGR of 5.5% between 2024 and 2032.

The industry is majorly being driven by factors like advancements in technology, population growth, economic development, rapid urbanisation, growing adoption for mining and mineral processing applications, and growing adoption in irrigational applications.

Growing prevalence of smart magnetic flowmeters that employ cutting-edge computing technology, flow computer performance and communication protocols such as Highway Addressable Remote Transducer (HART), and increased product demand from the water and wastewater end-use sectors are the key industry trends propelling the market growth.

The major regions in the industry are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

Magnetic coils, transmitters, sensing electrodes, and non-magnetic flow tubes are the main components in the market.

The industry can be divided based on its product as in-line magnetic flowmeters, low flow magnetic flowmeters, and insertion magnetic flowmeters.

The industry can be divided based on its application as water and wastewater, chemicals and petrochemicals, power generation, metals and mining, oil and gas, food and beverages, pulp and paper, and pharmaceuticals.

The major players in the industry are ABB Ltd., Azbil Corporation, Endress+Hauser Group Services AG , Emerson Electric Co., Honeywell International Inc., KROHNE Messtechnik GmbH, OMEGA Engineering inc., among others.

Analyst Review

The global magnetic flowmeters market is being propelled by rising adoption of smart magnetic flowmeters that employ cutting-edge computing technology, flow computer performance and communication protocols such as Highway Addressable Remote Transducer (HART). Aided by the growing technological advancements and economic development, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.5%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its products, the global magnetic flowmeters industry can be segmented into in-line magnetic flowmeters, low flow magnetic flowmeters, and insertion magnetic flowmeters . By component the product is divided into magnetic coils, transmitters, sensing electrodes, and non-magnetic flow tubes. On the basis of its applications the market is divided in sectors such as water and wastewater, chemicals and petrochemicals, power generation, metals and mining, oil and gas, food and beverages, pulp and paper, and pharmaceuticals . The major regional markets for global magnetic flowmeters are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The key players in the above market include ABB Ltd., Azbil Corporation, Endress+Hauser Group Services AG , Emerson Electric Co., Honeywell International Inc., KROHNE Messtechnik GmbH, OMEGA Engineering inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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