Flow Meter Market Estimation Introducing Future Opportunities with Highest Growth by 2029
Verfasser: ashwani_kailiya on Wednesday, 16 September 2020The global flow meter market is poised for steady growth at approximately 5.5% CAGR over the projection period (2019-2029). The market is receiving tailwinds from versatile applications such as renewable energy sector and oil & gas industry. Fact.MR projects the global flow meter market to expand 2.3X through 2029.
"Heightening demand for coriolis, ultrasonic and magnetic flow meters is bolstering the market growth. Further, rising living standards of consumers is complementing the growth of global flow meter market. Soaring demand for fuel and electricity is driving the usage of flow meter. Waste & wastewater treatment will generate prolific demand for flow meters through 2029," finds Fact.MR.
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Flow Meter Market - Key Findings
Power Generation holds 29% share in the global flow meter market.
Widespread digitization is the major growth promoting factor in the flow meter market.
Europe and North America continue to be frontrunners in the global flow meter market.
South Asia & Oceania ill offer profitable possibilities to manufacturers through the forecast period.
Flow Meter Market - Key Driving Factors

