North America Flowmeters Market to Reach a Value of USD 4,449.14 million
Flowmeters market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a stronger CAGR of 5.7% in the forecast period of 2020 to 2027and expected to reach USD 4,449.14 million by 2027 from USD 2,871.51 million in 2019. Rising government initiatives to cut down the footprint of the greenhouse emission from the environment is major factors for the market growth.
Flowmeter is a device that measures the flow of gas, liquid, gas or vapor which passes through it. Flowmeters includes transmitter, transducer, and primary devices. The role of transducer is to sense the fluid that passes through primary devices. Afterwards, transmitter generates a usable signal with help of transducer signal. Flowmeters having wide range of applications in industries, which including building automation, water & wastewater, marine, food & beverage, metals & mining, power & utilities, oil & gas, and pharmaceutical.
This Flowmeters Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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