Electromagnetic Flowmeter Market

Executive Summary

Electromagnetic Flowmeter Market was valued at US $8.20 billion in 2021 and is projected to grow at 6.45% CAGR over the forecast period to reach US $11.92 billion by 2027. Electromagnetic Flowmeter Market represented US $0.96 billion opportunity over 2019-2021 and estimated to create US $3.73 billion opportunity in 2027 over 2021.

Electromagnetic Flowmeter from Consainsights analyses the Electromagnetic Flowmeter Market in the Manufacturing & Construction industry over the forecast period to 2027.

Electromagnetic Flowmeter research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Electromagnetic Flowmeter segmentation includes Product, Application and Geography.

Based on the Product, the Electromagnetic Flowmeter analysis covers In-line Magnetic Flowmeters, Low Flow Magnetic Flowmeters, Insertion Magnetic Flowmeters.

In Product segment, In-line Magnetic Flowmeters segment has highest cagr growth of 5.71%.

Based on the Application, the Electromagnetic Flowmeter analysis covers Water and Wastewater, Chemicals and Petrochemicals, Power Generation, Metals and Mining, Oil and Gas, Food and Beverages, Pulp and Paper, Pharmaceuticals.

In Application segment, Water and Wastewater segment has highest cagr growth of 5.71%.

Based on the region, the Electromagnetic Flowmeter analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include ABB Ltd, Azbil Corporation, Endress+Hausar AG, Emerson Electric Corporation, Toshiba Corporation ​, Honeywell International Inc., KROHNE Messtechnik GmbH​, OMEGA Engineering Inc. (Spectris PLC) ​, Siemens AG​, Yokogawa Electric Corporation​ and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Product

Introduction

In 2021, In-line Magnetic Flowmeters segment has the highest revenue of US $3.56 billion and is expected to grow at CAGR of 5.71% by 2027 In-line Magnetic Flowmeters segment has highest cagr growth of 5.71%.

In-line Magnetic Flowmeters

In-line Magnetic Flowmeters segment was valued at US $3.15 billion in 2019 and is projected to grow at 5.71% CAGR over the forecast period to reach US $5.19 billion by 2027. In-line Magnetic Flowmeters segment represented US $0.42 billion opportunity over 2019-2021 and estimated to create US $1.62 billion opportunity in 2027 over 2021.

Low Flow Magnetic Flowmeters

Low Flow Magnetic Flowmeters segment was valued at US $2.45 billion in 2019 and is projected to grow at 5.71% CAGR over the forecast period to reach US $4.04 billion by 2027. Low Flow Magnetic Flowmeters segment represented US $0.33 billion opportunity over 2019-2021 and estimated to create US $1.26 billion opportunity in 2027 over 2021.

Insertion Magnetic Flowmeters

Insertion Magnetic Flowmeters segment was valued at US $1.63 billion in 2019 and is projected to grow at 5.71% CAGR over the forecast period to reach US $2.69 billion by 2027. Insertion Magnetic Flowmeters segment represented US $0.22 billion opportunity over 2019-2021 and estimated to create US $0.84 billion opportunity in 2027 over 2021.

Application

Introduction

In 2021, Water and Wastewater segment has the highest revenue of US $3.27 billion and is expected to grow at CAGR of 5.71% by 2027 Water and Wastewater segment has highest cagr growth of 5.71%.

Water and Wastewater

Water and Wastewater segment was valued at US $2.88 billion in 2019 and is projected to grow at 5.71% CAGR over the forecast period to reach US $4.75 billion by 2027. Water and Wastewater segment represented US $0.38 billion opportunity over 2019-2021 and estimated to create US $1.49 billion opportunity in 2027 over 2021.

Chemicals and Petrochemicals

Chemicals and Petrochemicals segment was valued at US $1.72 billion in 2019 and is projected to grow at 5.71% CAGR over the forecast period to reach US $2.83 billion by 2027. Chemicals and Petrochemicals segment represented US $0.23 billion opportunity over 2019-2021 and estimated to create US $0.88 billion opportunity in 2027 over 2021.

Power Generation

Power Generation segment was valued at US $1.10 billion in 2019 and is projected to grow at 5.71% CAGR over the forecast period to reach US $1.81 billion by 2027. Power Generation segment represented US $0.15 billion opportunity over 2019-2021 and estimated to create US $0.56 billion opportunity in 2027 over 2021.

Metals and Mining

Metals and Mining segment was valued at US $0.68 billion in 2019 and is projected to grow at 5.71% CAGR over the forecast period to reach US $1.11 billion by 2027. Metals and Mining segment represented US $0.09 billion opportunity over 2019-2021 and estimated to create US $0.35 billion opportunity in 2027 over 2021.

Oil and Gas

Oil and Gas segment was valued at US $0.44 billion in 2019 and is projected to grow at 5.71% CAGR over the forecast period to reach US $0.73 billion by 2027. Oil and Gas segment represented US $0.06 billion opportunity over 2019-2021 and estimated to create US $0.23 billion opportunity in 2027 over 2021.

Food and Beverages

Food and Beverages segment was valued at US $0.24 billion in 2019 and is projected to grow at 5.71% CAGR over the forecast period to reach US $0.40 billion by 2027. Food and Beverages segment represented US $0.03 billion opportunity over 2019-2021 and estimated to create US $0.13 billion opportunity in 2027 over 2021.

Pulp and Paper

Pulp and Paper segment was valued at US $0.15 billion in 2019 and is projected to grow at 5.71% CAGR over the forecast period to reach US $0.25 billion by 2027. Pulp and Paper segment represented US $0.02 billion opportunity over 2019-2021 and estimated to create US $0.08 billion opportunity in 2027 over 2021.

Pharmaceuticals

Pharmaceuticals segment was valued at US $0.03 billion in 2019 and is projected to grow at 5.71% CAGR over the forecast period to reach US $0.05 billion by 2027. Pharmaceuticals segment represented US $0.00 billion opportunity over 2019-2021 and estimated to create US $0.02 billion opportunity in 2027 over 2021.