Feb 24, 2020 (KD Market Insights via COMTEX) -- Flow Meter Market by Type (Differential Pressure, Positive Displacement, Ultrasonic, Turbine, Magnetic, Coriolis, Vortex, and Others), and End User (Water & Wastewater, Oil & Gas, Chemicals, Power Generation, Pulp & Paper, Food & Beverages, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026
The Global Flow Meter Market is estimated to grow at a CAGR of 6.3% during the forecast period 2019-2026. As per the analysis, the market valued $7.3 billion in the year 2018, and is anticipated to reach $11.9 billion by the year 2026.
A flow meter is an equipment used to measure the mass or volume of liquid or gas. According to its application, the equipment gained some other names such as flow gauge, liquid meter, flow rate sensor and flow indicator. The flow meter plays a key role in various industries specifically in water & wastewater treatment--where precise calculation in required.
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