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Report Overview
The global magnetic flowmeters market is projected to grow at a CAGR of over 5.5% in the forecast period of 2025-2034. The industry is being driven by the advancement in technology and the increased product demand from water and wastewaters end-use sectors
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
There are several technological developments in the global magnetic flowmeters market, including the growth of smart magnetic flowmeter. Smart magnetic flowmeters use state-of-the-art computing technology with improved flow computer functionality, which can further form connectivity via Highway Addressable Remote Transducer (HART) communication protocols. This allows smart magnetic flowmeters to provide uninterrupted information flow even in distant regions, thus, aiding the industry growth.
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Market Segmentation
A magnetic flow meter is a type of flowmeter used to measure the quantification of bulk fluid movement. It has no moving parts and is suitable for wastewater applications or any conductive or water-based filthy liquid. The global magnetic flowmeters market can be divided based on segments like components, product, and application.
Market Breakup by Component
- Magnetic Coils
- Transmitters
- Sensing Electrodes
- Non-magnetic Flow Tubes
Market Breakup by Product
- In-line Magnetic Flowmeters
- Low Flow Magnetic Flowmeters
- Insertion Magnetic Flowmeters
Market Breakup by Application
- Water and Wastewater
- Chemicals and Petrochemicals
- Power Generation
- Metals and Mining
- Oil and Gas
- Food and Beverages
- Pulp and Paper
- Pharmaceuticals
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Market Analysis
Mechanical flow measuring equipment have high maintenance costs, low precision, and further requires frequent calibration for distinct kinds of liquids. Magnetic flowmeters assist mechanical measuring systems is overcoming these difficulties. The lack of moving components in magnetic flowmeters enables the measurement of thick sludge and fluid. Magnetic flowmeters are also fitted with abrasion-resistant and corrosion-resistant liners that make it extremely efficient in measuring erosive fluids, slurry, and most acid and base types. In addition, magnetic flowmeters require low calibration and can evaluate properties of liquid with high precision. The high precision of magnetic flowmeter is boosting its popularity in the process industry and leading to its increased adoption, which will aid the magnetic flowmeters industry over the forecast period.
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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global magnetic flowmeters market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- ABB Ltd.
- Azbil Corporation
- Endress+Hauser Group Services AG
- Emerson Electric Co.
- Honeywell International Inc.
- KROHNE Messtechnik GmbH
- OMEGA Engineering inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market of the global magnetic flowmeters is projected to grow at a CAGR of 5.5% between 2025 and 2034.
The industry is majorly being driven by factors like advancements in technology, population growth, economic development, rapid urbanisation, growing adoption for mining and mineral processing applications, and growing adoption in irrigational applications.
Growing prevalence of smart magnetic flowmeters that employ cutting-edge computing technology, flow computer performance and communication protocols such as Highway Addressable Remote Transducer (HART), and increased product demand from the water and wastewater end-use sectors are the key industry trends propelling the market growth.
The major regions in the industry are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
Magnetic coils, transmitters, sensing electrodes, and non-magnetic flow tubes are the main components in the market.
The industry can be divided based on its product as in-line magnetic flowmeters, low flow magnetic flowmeters, and insertion magnetic flowmeters.
The industry can be divided based on its application as water and wastewater, chemicals and petrochemicals, power generation, metals and mining, oil and gas, food and beverages, pulp and paper, and pharmaceuticals.
The major players in the industry are ABB Ltd., Azbil Corporation, Endress+Hauser Group Services AG , Emerson Electric Co., Honeywell International Inc., KROHNE Messtechnik GmbH, OMEGA Engineering inc., among others.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Components |
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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