Europe Flow Meters Market By Product Type (Magnetic, Positive Displacement, Differential Pressure, Ultrasonic, Coriolis, Turbine, Vortex), Application (Water & Wastewater, Power Generation, Pulp & Paper, Chemicals, Oil & Gas, Food & Beverages)
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Market Report Description
The Europe Flow Meters Market would witness market growth of 5.2% CAGR during the forecast period (2017 - 2023). Europe is the regions with mature and developed industrial sectors; therefore, the flow meters would be largely deployed in the power generation sector. Development of shale gas reserves is also expected to boost demand for these meters in oil and gas and chemical and petroleum refineries.
Europe was the leading region in 2016, as major market players and solution providers were housed in the European region. In Europe, the adoption of the meters is very high for managing water and wastewater. Demand for magnetic, ultrasonic, and Coriolis products for water and wastewater management would witness rapid growth.
Based on Product Type, the Flow Meters market segments the market into Magnetic, Positive Displacement, Differential Pressure, Ultrasonic, Coriolis, Turbine, Vortex, and Others. Based on Application, the Flow Meters market segments the market into Water & Wastewater, Power Generation, Pulp & Paper, Chemicals, Oil & Gas, Food & Beverages, and Others. Based on Countries, the Flow Meters market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the competition analysis of key stakeholders of the Europe Flow Meters Market. Key companies profiled in the report include ABB Ltd., Emerson Electric Co., General Electric (GE), Hitachi, Ltd., Honeywell International, Inc., Siemens AG, VSE Volumentechnik GmbH, Yokogawa Electric Corporation, KROHNE Messtechnik GmbH, and H?ntzsch, Inc.