Flow Rate Liquid Flow Meters, Global Market Size Forecast, Top 20 Players Rank and Market Share (Internet Services - Other Internet Services)
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Flow Rate Liquid Flow Meters, Global Market Size Forecast, Top 20 Players Rank and Market Share | |
Flow meters, also known as flow sensors, are used to measure the flow rate of a liquid or gas. There are a variety of different types of flow meters, including ultrasonic, electromagnetic, Karman vortex, paddlewheel, floating element, thermal, and differential pressure types. This report only covers compact flow meters or sensors used to measure liquids. According to the new market research report “Global Flow Rate Liquid Flow Meters Market Report 2023-2029”, published by QYResearch, the global Flow Rate Liquid Flow Meters market size is projected to reach USD 0.84 billion by 2029, at a CAGR of 6.2% during the forecast period. Market Drivers: D1: The growth of the global economy and the improvement of industrial technology level promote the development of the global electronic measurement industry. D2: New communication interfaces and protocols are helping users get more data out of liquid flowmeters or sensors, and moreover, advanced diagnostics and verification functions are making asset maintenance easier. D3: Continuous investment in the measurement market and the release of relevant favorable policies. Restraint: 1. The market will witness a dip in growth in 2022 due to the current global pandemic situation and political reasons; owing to this, there will be big economic uncertainties. 2. There is rising pressure on supplier margins due to intense competition in the flowmeter market, coupled with the need for low-cost devices in emerging economies as they build industrial bases. The challenge for suppliers is to offer affordable products that have all the necessary functionalities. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
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2024-05-03 (0.404 sec)