Europe Flowmeters Market to reach USD 2,705.50 million by 2027 | Market analyzed by Size, Trends, Analysis, Future Scope, and Demand Forecast

 Europe 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 5.3% in the forecast period of 2020 to 2027and expected to reach USD 2,705.50 million by 2027 from USD 1,806.79 million in 2019.  Rising scarcity of water has tend to rise the wastewater plant which positively propel the growth of the flowmeters

Flowmeter is a device which is used to measure the flow rates of the liquids and gases. The flowmeters having wide range of applications in industries, which include building automation, water & wastewater, marine, food & beverage, metals & mining, power & utilities, oil & gas, and pharmaceutical. There are different types of flowmeters available depending on the industry; some of the common types of flowmeters are differential pressure, electromagnetic, coriolis, and ultrasonic flowmeters.


Flowmeters market is segmented on the basis of type, product type, transmission method, measured medium, end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • Based on type, the market is segmented into positive displacement, differential pressure, vortex, magnetic, coriolis, thermal, ultrasonic, turbine, paddle wheel and others. Differential pressure hold the largest market share is due to growing replacement of traditional flowmeters across the end-use industries that have resulted in increasing the demand for the advance fluid measuring devices. This factor tend to increase the demand for the differential pressure flowmeters as it has capability to measure the flow of liquid or gas even at high pressure.
  • Based on product type, the market is segmented into analog and digital. Analog flowmeters accounted largest market share as analog flowmeters are significantly cheaper as compared to other flowmeters. As these flowmeters run without need of power energy which in advertently save the electricity.
  • Based on transmission method, the market is segmented wired and wireless. Wireless accounted largest market share is due to growing concern for safety that has replaced the usage of wired flowmeters. In addition to it, wireless flowmeters also allows the worker to control and manage flow of the liquid or gas through remote.
  • Based measured medium, the market is segmented liquid, gases and steam, hybrid. The liquid accounted largest market share due to the growing utilization of liquid based form in wide range of application such as oil and gas industry, fuel, milk among others as it allow these industries get highly affected from the liquid flow rate as it include viscosity and density of the liquid and pipe contact friction of the liquid.
  • Based on end user, the market is segmented into food and beverages, pharmaceutical and biotechnology, cosmetics, water and wastewater, pulp and paper, metals and mining, power/energy, oil and gas, chemicals, petrochemical and refining, textiles and others.  The oil industries accounted the largest market share as growing demand of oil has tend to increase  expansion of oil pipelines in European countries which increase demand for the flow measurement devices.
Europe flowmeters market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, company strengths and weaknesses, product launch, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Europe flowmeters market.

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