Report ID : 1319343 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Flow Meter Accessory Market is categorized based on Type (Electromagnetic Flow Meters, Ultrasonic Flow Meters, Coriolis Flow Meters, Turbine Flow Meters, Positive Displacement Flow Meters) and Application (Water & Wastewater, Oil & Gas, Chemical, Food & Beverage, Pharmaceuticals) and End-User (Industrial, Commercial, Residential, Utility, Agriculture) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
Estimated at $1.5 billion in 2023, the Flow Meter Accessory Market size is forecasted to reach $2.5 billion by 2033, exhibiting a CAGR of 5.5% between 2024 and 2033. The report includes various segments and analyzes key trends and factors that play a significant role in the market.
Several industries with the requirement of perfect measurement of flow in their operations benefit from the flow meter accessory market which is part of the fluid management and measurement vertical. With greater focus on the automation of operations, complemented by increased accuracy, the need for such advanced flow meter accessories has increased. These include auxiliary devices such as transmitters, signal converters, and calibration measurements that improve the usability of flow meters in many applications ranging from water treatment to oil and gas processing.
As the competition gets tougher for the companies, they are looking for such innovative ways of tackling the problem of measurement accuracy that also enables an easy integration with what is currently in use. As the market for the flow meter accessory has also had its benefits from the advancements in smart technologies as well as IOT-enabled devices, the consequent effect has been the virulent emergence of advanced accessories capable of delivering real-time data as well as remote observation of flow meters. With national and global industries adopting more digital ways of operation, it is importance for the interested parties to understand the underlying trends so that they are not left on the sidelines as new opportunities spring forth.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Emerson Electric Co., Siemens AG, Endress+Hauser AG, Honeywell International Inc., KROHNE Group, Yokogawa Electric Corporation, Badger Meter Inc., Brooks Instrument LLC, Omega Engineering Inc., Azbil Corporation, GE Measurement & Control |
SEGMENTS COVERED |
By Type - Electromagnetic Flow Meters, Ultrasonic Flow Meters, Coriolis Flow Meters, Turbine Flow Meters, Positive Displacement Flow Meters By Application - Water & Wastewater, Oil & Gas, Chemical, Food & Beverage, Pharmaceuticals By End-User - Industrial, Commercial, Residential, Utility, Agriculture By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Flow Meter Accessory Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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