Asia-Pacific Flowmeters Market to Reach USD 4252.69 million with a 7.20% CAGR
Measuring the flow of liquids is an essential requirement in various industrial applications. In some processes, the capability to conduct precise flow measurements is so significant that it can make the difference between taking a loss and making a profit. Moreover, several flow meters are being used across many industries depending on their application and the accuracy required. Different industries use different flowmeter depending on their necessity, such as coriolis, differential pressure, positive displacement, turbine, ultrasonic, magnetic, and vortex, among others.
Data Bridge Market Research analyses that the flowmeters market was valued at USD 2438.40 million in 2022 and is expected to reach the value of USD 4252.69 million by 2030, at a CAGR of 7.20% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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