North America Flow meters Market
Flow meters are devices used for quantifying liquid or gaseous flow. The North America Flow meters market is the largest market for flow meters and was valued at $1,336.2 million in 2013 and is estimated to reach $1,450.44 million by 2019 with a growing CAGR of 5.1% .Rising shale gas activities in U.S., oil sands activities in Canada, and growing infrastructure in Mexico are the key drivers for the North America Flow meters market.
Flow meters are used to quantify the bulk fluid or gas movement. These equipments are extensively used in industries such as water & wastewater management, oil & gas, refining & petrochemicals, power generation, pulp & paper, food & beverages, pharmaceuticals, metals & mining, and others. Waste & wastewater and energy sector find maximum application of such flow meters. In the recent years, differential pressure and positive displacement flow meters are slowly getting replaced by the smart meters such as ultrasonic and coriolis.
North America accounted for 24.9% of the global flow meters market in 2013. New shale gas projects in U.S. and oil sands in Canada are the two important drivers of growth in this region. U.S. is the largest country-wise market for flow meters in terms of value. In 2013, U.S. held 60.3% of the total value share of the flow meters market.
The key countries covered in North America Flow meters Market are U.S., Canada and Mexico. The various applications studied include water & wastewater, oil & gas, petrochemicals & refineries, power generation, pulp & paper, food & beverages, pharmaceuticals, and others. The different types studied in North America Flow meters market differential pressure, positive displacement, magnetic, ultrasonic, coriolis, turbine, vortex, thermal mass, and others.. Further, as a part of qualitative analysis, the North America Flow meters Market research report provides a comprehensive review of the important drivers, restraints, opportunities, and burning issues in the Flow meters market.
The North America Flow meters Market report also provides an extensive competitive landscape of the companies operating in this market. It also includes the company profiles of and competitive strategies adopted by various market players, including Kronhe (Germany), ABB (Switzerland), Endress+Hauser (Switzerland), and Siemens (Germany).
With Market data, you can also customize MMM assessments that meet your Company’s specific needs. Customize to get comprehensive industry standards and deep dive analysis of the following parameters:
- Market data for additional regions like South America, Middle East, Africa
- Buying preference by key applications/user industries
- Key market developments for the leading players March, 2014 onwards
- Market share analysis for the leading companies in the flow meter industry
- Market information on additional technologies such as Optical, Sonar, thermal mass flow meter, and multi phase flow meter
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