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Magnetic Flowmeters Market - Global Growth, Trends and Forecast (2022- 2027) By Types, By Application, By Regions and By Key Players: Toshiba Corporation (OTC TOSYY), Fidelity OTC Portfolio (Nasdaq FOCPX),

04 Mar, 2022 | 167 Pages
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Registering a CAGR of 5.3% over the forecast period of 2022-2027, the global Magnetic Flowmeters market is anticipated to reach the market value of US$ 2743.13 Million from US$ 2042.1 Million in the year 2020.



Magnetic Flowmeters Market Overview



The magnetic flowmeter is an instrument that can amount water-based or conductive volumetric flow including pulp & paper slurries and black liquor. It is also used in noticing flaws and impurities, which is predictable to provide avenues for market growth over the next seven years. In addition, development and updating of certain standard norms for impurities may initiate manufacturers to develop a better instrument, thus contributing towards future growth. Development in electromagnetic technology is predictable to make the product better and more precise, which may increase demand. Continuous technical development has resulted in the introduction of a two-wire mag meter that uses available power from the loop-power supply, which decreases wiring costs resulting in low installation costs. Additionally, their application in non-intrusive measurement may also rise the manufacturing demand. The growth of battery-controlled and wireless mag meters is also predictable to drive future market growth. This progress has reduced the difficulty involved in the installment of instruments at remote places.



While magnetic flow meters are chiefly designed as a volumetric flow device, they are progressively being used to evaluate the mass flow– another factor that is projected to fuel the expansion of the global magnetic flowmeter market during the forecast period. The growing demand from the mining sector to measure the slurry flow is one of the major factors anticipated to contribute to the overall growth of the market for magnetic flow meters during the assessment period. As more companies operating in the current magnetic flowmeter market landscape continue to invest resources in research, applications of magnetic flow meter continue to extend across various industries.



Recent Developments



Yokogawa to Release Equipment/Quality Predictive Detection Tool for SMARTDAC+ Paperless Recorders and Data Loggers



Tokyo, Japan - April 19, 2022



Yokogawa Electric Corporation (TOKYO: 6841) announces that it will today release the Equipment/Quality Predictive Detection Tool. This addition to the OpreX™ Data Acquisition family is an AI-based tool for building equipment and quality anomaly predictive detection systems for GX series, GP series, and GM series SMARTDAC+™ paperless recorders and data loggers. With this software, even users who are not AI specialists will be able to build their own equipment and quality anomaly predictive detection systems for manufacturing sites. It will help them improve production efficiency by identifying equipment defects and deteriorating quality in their plants and other facilities at an early stage.



What are the major Applications, Types, and Regions of the Magnetic Flowmeters Market?



Magnetic Flowmeters Market is segmented based on the type, applications, companies, and regions.



By Type, it is segmented into




  • General Purpose Mag Meter

  • Battery-Powered Mag Meter

  • Others



By Applications, it is segmented into




  • Factory Automation

  • Food & Beverage Processing

  • Municipal/Wastewater Treatment

  • Mining

  • Pulp & Paper Production

  • Others



Magnetic Flowmeters Market Regional Analysis



APAC dominated the Magnetic Flowmeter Market by a market share of more than 34% in 2020, owing to increasing water and wastewater management plants. Increasing population and water scarcity issues are the primary factors that lead to the rise of growing water management plants, thereby boosting the demand of magnetic flowmeters. According to Water Environment Partnership in Asia, improvement in water environment can only be done by providing necessary information and knowledge for the enactment of water environment governance. Furthermore, According to Israel's Ministry of Strategic Affairs & Public Diplomacy, nearly 90% of wastewater in Israel is recycled and thus making Israel the world leader in water recycling in 2020.



All these factors greatly affect the Magnetic Flowmeters market growth. It further aims at offering a complete overview on a detailed assessment of important features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Magnetic Flowmeters Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Magnetic Flowmeters Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Magnetic Flowmeters Market report scope?



Scope of the Report covers Magnetic Flowmeters Market with detailed analysis of the overall scenario for the market. It also highlights the business participants' environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Magnetic Flowmeters Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.























































Reports Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 5.3% during the review period (2022 to 2027).



By Type




  • General Purpose Mag Meter

  • Battery-Powered Mag Meter

  • Others



By Application




  • Factory Automation

  • Food & Beverage Processing

  • Municipal/Wastewater Treatment

  • Mining

  • Pulp & Paper Production

  • Others



By Companies



ABB, Toshiba Corporation (OTC TOSYY), Fidelity OTC Portfolio (Nasdaq FOCPX), Endress+Hauser, Yokogawa, KROHNE, Azbil, Emerson, Magnetrol, OMEGA, Welltech Automation, Shanghai Kent Instrument, Kaifeng Instrument, Fuji Electric



Regions Covered



• North America



• Europe



• Asia-Pacific



• Rest of the World



Countries Covered



• US



• Canada



• Germany



• France



• UK



• Italy



• Spain



• Rest of Europe



• China



• Japan



• India



• Australia



• South Korea



• Rest of Asia-Pacific



• Middle East & Africa



• Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



167



Customization Available



Yes, the report can be customized as per your needs




Key Takeaways from this Magnetic Flowmeters Report




  • Evaluate Magnetic Flowmeters market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level - for product types, end-use applications, and by different industries verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.

  • Get in-depth insights on your competitor's performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Magnetic Flowmeters market entropy - M&As, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.



All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report as your needs.



Frequently Asked Questions



What is the study period of this market?



The Magnetic Flowmeters Market is studied from 2017 - 2027.



Who are the key players in Magnetic Flowmeters Market?



ABB, Toshiba Corporation (OTC TOSYY), Fidelity OTC Portfolio (Nasdaq FOCPX), Endress+Hauser, Yokogawa, KROHNE, Azbil, Emerson, Magnetrol, OMEGA, Welltech Automation, Shanghai Kent Instrument, Kaifeng Instrument, Fuji Electric, Shanghai Guanghua, IDEX, ChuanYi Automation, ONICON, Yokogawa



What are the significant types of Magnetic Flowmeters Market?



General Purpose Mag Meter, Battery-Powered Mag Meter, Others.



What are the major end-use applications of the Magnetic Flowmeters Market?



Factory Automation, Food & Beverage Processing, Municipal/Wastewater Treatment, Mining, Pulp & Paper Production, Others, Others.



What segments are covered in the Magnetic Flowmeters Market report?



The Global Magnetic Flowmeters Market is Segmented on the basic of Product, Application, and Geography.



How can I get a sample report/company profile for the Magnetic Flowmeters Market?



The sample report for the Magnetic Flowmeters Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL MAGNETIC FLOWMETERS MARKET BY APPLICATIONS

    3. GLOBAL MAGNETIC FLOWMETERS MARKET BY TYPES



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR MAGNETIC FLOWMETERS



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. MAGNETIC FLOWMETERS GROWTH

      2. APPLICATION OF MAGNETIC FLOWMETERS



    4. IMPACT OF COVID 19



  5. GLOBAL MAGNETIC FLOWMETERS MARKET, BY TYPES

    1. General Purpose Mag Meter

    2. Battery-Powered Mag Meter



  6. GLOBAL MAGNETIC FLOWMETERS MARKET, BY APPLICATION

    1. Factory Automation

    2. Food & Beverage Processing

    3. Municipal/Wastewater Treatment

    4. Mining

    5. Pulp & Paper Production

    6. Others



  7. GLOBAL MAGNETIC FLOWMETERS MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. ABB

      2.  Toshiba

      3.  Siemens

      4.  Endress+Hauser

      5.  Yokogawa

      6.  KROHNE

      7.  Azbil

      8.  Emerson

      9.  Magnetrol

      10.  OMEGA

      11.  Welltech Automation

      12.  Shanghai Kent Instrument

      13.  Kaifeng Instrument

      14.  Fuji Electric

      15.  Shanghai Guanghua

      16.  IDEX

      17.  ChuanYi Automation

      18.  ONICON

      19.  Yokogawa





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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