Intelligent Flow Meter Market Analysis and Forecast to 2032: By Type (Variable Area, Differential Pressure, Positive Displacement, Coriolis, Magnetic, Vortex, Multiphase, Ultrasonic), End Use Industry (Chemicals, Food & Beverages, Metals & Mining, Oil & Gas, Pharmaceuticals, Power Generation, Water & Wastewater), Communication Protocol (HART, MODBUS, PROFIBUS, Others), and Region

An intelligent flow meter, also known as a smart flow meter, is an electronic device that measures the volumetric flow of liquid in pipes. In addition to measuring the velocity of a fluid with ultrasound or other means, intelligent flow meters are used to compute liquid flow more accurately than ordinary flow meters. Intelligent flow meters are distinguished by the fact that they are unaffected by weather conditions or parameters like as density, viscosity, or temperature, resulting in reliable measurement readings. These meters emit an ultrasonic or laser beam into the flowing fluid, which is reflected back and causes the moving fluid to be displaced on the screen.

The benefits of accuracy, stability, and dependability provided by intelligent flow meters, increasing demand for these flow meters in the chemicals and water & wastewater industries, and increased investments in industrial infrastructure activities are all driving the market forward.

Key Trends and Drivers
  • Intelligent flow meters offer a better diagnostic approach than standard flow meters, increasing demand for them. Intelligent or smart flow meters not only monitor a liquid’s or gas’s flow rate in real time, but also provide feedback for accurate flow rate control. Factors such as the type of fluid to be measured, the application for which measurement is made, and the technology employed are all taken into account while improving the accuracy of flow meters. This aids in maintaining the precision and stability of the liquid or gas flow according to velocity, as well as providing reporting in the event that the accuracy or stability is not up to par. This has led to adoption of intelligent flow meters in industrial applications that require high precision.
  • With the advancement of ultrasonic measurement technology, demand for intelligent flow meters is increasing at the same time, encouraging the market’s growth. Intelligent flow meters are widely implemented internationally due to the increased demand for precision in the oil and gas industry to calibrate fluids properly, fueling the growth of the intelligent flow meter market.
  • Flowmeters can be used at every stage of the water cycle to increase the efficiency and long-term sustainability of water supply, treatment, and distribution. Thereby, providing a solution to the problem of waste water treatment and reuse.
Restraints and Challenges
  • Since flow meters have major usage within Oil & Gas industries, their market growth is dependent on the investments flowing into new oil and gas projects, which are a dependent on oil price. Oil price was depressed for last number of years and was particularly impact by Covid resulting in lower growth of the market. However, oil price has since recovered due to energy crises fueled by Russia-Ukraine war though it remains to be seen whether this increase results in higher investments into oil and gas projects.
  • The high cost of coriolis and magnetic flow meters, is a major stumbling block to the market’s expansion. Furthermore, the poor accuracy and fragility of intelligent flow meters is a major issue limiting the global intelligent flow meter market’s growth.
COVID-19 Impact

COVID-19 was declared a pandemic by the World Health Organization (WHO), affecting practically all industries, including the Intelligent Flow Meter Market Industry. In this situation, the flowmeter market has also come to a halt. As a result, the flow meter product’s shipments have decreased, as have the market revenues generated from them. The market expansion encountered challenges throughout the first half of this pandemic year, and there was a dramatic reduction in market size. However, as the demand for flowmeter market products has grown, the worldwide Intelligent Flow Meter Market demand has climbed in the second half.

Market Segmentation

The Intelligent Flow Meter Market is segmented into Type, End Use Industry, Communication Protocol, and Region. On the basis of Type, the Intelligent Flow Meter Market is segmented into Variable Area, Differential Pressure, Positive Displacement, Coriolis, Magnetic, Vortex, Multiphase, and Ultrasonic. Based on End Use Industry, the market is segmented into Chemicals, Food & Beverages, Metals & Mining, Oil & Gas, Pharmaceuticals, Power Generation, and Water & Wastewater. Based on Communication Protocol, the market is segmented into HART, MODBUS, PROFIBUS, and Others. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World.

Key Companies

Some of the key players of Intelligent Flow Meter Market are Emerson Electric (US), Itron (US), ABB (Switzerland), Siemens (Germany), Honeywell International (US), Baker Hughes (US), Sierra Instruments Inc. (China), Endress + Hauser AG (Switzerland), Azbil Corporation (US), and Nidec Corporation (Japan).

Intelligent Flow Meter Market Report Coverage
  • The report offers a comprehensive quantitative as well as qualitative analysis of the current Intelligent Flow Meter Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.    
  • The report also covers qualitative as well as quantitative analysis of Intelligent Flow Meter Market in terms of revenue ($Million).    
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Intelligent Flow Meter industry.
  • A thorough analysis of market trends and restraints is provided.    
  • By region as well as country market analysis is also presented in this report.    
  • Analytical depiction of the Intelligent Flow Meter Market along with the current trends and future estimations to depict imminent investment pockets. The overall Intelligent Flow Meter industry opportunity is examined by understanding profitable trends to gain a stronger foothold.    
  • Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Intelligent Flow Meter Market are also analyzed.

Why GIS?

Table of Contents

Chapter 1.Intelligent Flow Meter Market Overview
1.1.Objectives of the Study
1.2.Market Definition and Research & Scope
1.3.Research Limitations
1.4.Research Methodologies
1.4.1.Secondary Research
1.4.2.Market Size Estimation Technique
1.4.3.Forecasting
1.4.4.Primary Research and Data Validation

Chapter 2.Executive Summary
2.1.Summary
2.2.Key Highlights of the Market

Chapter 3.Premium Insights on the Market
3.1.Market Attractiveness Analysis, by Region
3.2.Market Attractiveness Analysis, by Type
3.3.Market Attractiveness Analysis, by End Use Industry
3.4.Market Attractiveness Analysis, by Communication Protocol

Chapter 4.Intelligent Flow Meter Market Outlook
4.1.Intelligent Flow Meter Market Segmentation
4.2.Market Dynamics
4.2.1.Market Drivers
4.2.1.1.Driver 1
4.2.1.2.Driver 2
4.2.1.3.Driver 3
4.2.2.Market Restraints
4.2.2.1.Restraint 1
4.2.2.2.Restraint 2
4.2.3.Market Opportunities
4.2.3.1.Opportunity 1
4.2.3.2.Opportunity 2
4.3.Porter’s Five Forces Analysis
4.3.1.Threat of New Entrants
4.3.2.Threat of Substitutes
4.3.3.Bargaining Power of Buyers
4.3.4.Bargaining Power of Supplier
4.3.5.Competitive Rivalry
4.4.PESTLE Analysis
4.5.Value Chain Analysis
4.5.1.Raw Material Suppliers
4.5.2.Manufacturers
4.5.3.Wholesalers and/or Retailers
4.6.Impact of COVID-19 on the Intelligent Flow Meter Market
4.7.Impact of the Russia and Ukraine War on the Intelligent Flow Meter Market
4.8.Case Study Analysis
4.9.Pricing Analysis

Chapter 5.Intelligent Flow Meter Market, by Type
5.1.Market Overview
5.2.Variable Area
5.2.1.Key Market Trends & Opportunity Analysis
5.2.2.Market Size and Forecast, by Region
5.3.Differential Pressure
5.3.1.Key Market Trends & Opportunity Analysis
5.3.2.Market Size and Forecast, by Region
5.4.Positive Displacement
5.4.1.Key Market Trends & Opportunity Analysis
5.5.Coriolis
5.5.1.Key Market Trends & Opportunity Analysis
5.5.2.Market Size and Forecast, by Region
5.6.Magnetic
5.6.1.Key Market Trends & Opportunity Analysis
5.6.2.Market Size and Forecast, by Region
5.7.Vortex
5.7.1.Key Market Trends & Opportunity Analysis
5.7.2.Market Size and Forecast, by Region
5.8. Multiphase
5.8.1.Key Market Trends & Opportunity Analysis
5.8.2.Market Size and Forecast, by Region
5.9.Ultrasonic
5.9.1.Key Market Trends & Opportunity Analysis
5.9.2.Market Size and Forecast, by Region

Chapter 6.Intelligent Flow Meter Market, by End Use Industry
6.1.Market Overview
6.2.Chemicals
6.2.1.Key Market Trends & Opportunity Analysis
6.2.2.Market Size and Forecast, by Region
6.3.Food & Beverages
6.3.1.Key Market Trends & Opportunity Analysis
6.3.2.Market Size and Forecast, by Region
6.4.Metals & Mining
6.4.1.Key Market Trends & Opportunity Analysis
6.4.2.Market Size and Forecast, by Region
6.5.Oil & Gas
6.5.1.Key Market Trends & Opportunity Analysis
6.5.2.Market Size and Forecast, by Region
6.6.Pharmaceuticals
6.6.1.Key Market Trends & Opportunity Analysis
6.6.2.Market Size and Forecast, by Region
6.7.Power Generation
6.7.1.Key Market Trends & Opportunity Analysis
6.7.2.Market Size and Forecast, by Region
6.8.Water & Wastewater
6.8.1.Key Market Trends & Opportunity Analysis
Market Size and Forecast, by Region

Chapter 7.Intelligent Flow Meter Market, by Communication Protocol
7.1.Market Overview
7.2.HART
7.2.1.Key Market Trends & Opportunity Analysis
7.2.2.Market Size and Forecast, by Region
7.3.MODBUS
7.3.1.Key Market Trends & Opportunity Analysis
7.3.2.Market Size and Forecast, by Region
7.4.PROFIBUS
7.4.1.Key Market Trends & Opportunity Analysis
7.4.2.Market Size and Forecast, by Region
7.5.Others
7.5.1.Key Market Trends & Opportunity Analysis
7.5.2.Market Size and Forecast, by Region

Chapter 8.Intelligent Flow Meter Market, by Region
8.1.Overview
8.2.North America
8.2.1.Key Market Trends and Opportunities
8.2.2.North America Intelligent Flow Meter Market Size and Forecast, by Type
8.2.3.North America Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.2.4.North America Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.2.5.North America Intelligent Flow Meter Market Size and Forecast, by Country
8.2.6.The U.S.
8.2.6.1.The U.S. Intelligent Flow Meter Market Size and Forecast, by Type
8.2.6.2.The U.S. Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.2.6.3.The U.S. Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.2.7.Canada
8.2.7.1.Canada Intelligent Flow Meter Market Size and Forecast, by Type
8.2.7.2.Canada Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.2.7.3.Canada Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.2.8.Mexico
8.2.8.1.Mexico Intelligent Flow Meter Market Size and Forecast, by Type
8.2.8.2.Mexico Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.2.8.3.Mexico Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.3.Europe
8.3.1.Key Market Trends and Opportunities
8.3.2.Europe Intelligent Flow Meter Market Size and Forecast, by Type
8.3.3.Europe Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.4.Europe Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.3.5.Europe Intelligent Flow Meter Market Size and Forecast, by Country
8.3.6.The U.K.
8.3.6.1.The U.K. Intelligent Flow Meter Market Size and Forecast, by Type
8.3.6.2.The U.K. Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.6.3.The U.K. Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.3.7.Germany
8.3.7.1.Germany Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.7.2.Germany Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.7.3.Germany Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.3.8.France
8.3.8.1.France Intelligent Flow Meter Market Size and Forecast, by Type
8.3.8.2.France Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.8.3.France Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.3.9.Spain
8.3.9.1.Spain Intelligent Flow Meter Market Size and Forecast, by Type
8.3.9.2.Spain Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.9.3.Spain Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.3.10.Italy
8.3.10.1.Italy Intelligent Flow Meter Market Size and Forecast, by Type
8.3.10.2.Italy Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.10.3.Italy Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.3.11. Netherlands
8.3.11.1.Netherlands Intelligent Flow Meter Market Size and Forecast, by Type
8.3.11.2.Netherlands Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.11.3.Netherlands Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.3.12. Sweden
8.3.12.1.Sweden Intelligent Flow Meter Market Size and Forecast, by Type
8.3.12.2.Sweden Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.12.3.Sweden Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.3.13.Switzerland
8.3.13.1.Switzerland Intelligent Flow Meter Market Size and Forecast, by Type
8.3.13.2.Switzerland Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.13.3.Switzerland Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.3.14.Denmark
8.3.14.1.Denmark Intelligent Flow Meter Market Size and Forecast, by Type
8.3.14.2.Denmark Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.14.3.Denmark Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.3.15.Finland
8.3.15.1.Finland Intelligent Flow Meter Market Size and Forecast, by Type
8.3.15.2.Finland Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.15.3.Finland Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.3.16.Russia
8.3.16.1.Russia Intelligent Flow Meter Market Size and Forecast, by Type
8.3.16.2.Russia Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.16.3.Russia Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.3.17.Rest of Europe
8.3.17.1.Rest of Europe Intelligent Flow Meter Market Size and Forecast, by Type
8.3.17.2.Rest of Europe Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.3.17.3.Rest of Europe Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.4.Asia-Pacific
8.4.1.Key Market Trends and Opportunities
8.4.2.Asia-Pacific Intelligent Flow Meter Market Size and Forecast, by Country
8.4.3.Asia-Pacific Intelligent Flow Meter Market Size and Forecast, by Type
8.4.4.Asia-Pacific Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.4.5.Asia-Pacific Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.4.6.China
8.4.6.1.China Intelligent Flow Meter Market Size and Forecast, by Type
8.4.6.2.China Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.4.6.3.China Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.4.7.India
8.4.7.1.India Intelligent Flow Meter Market Size and Forecast, by Type
8.4.7.2.India Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.4.7.3.India Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.4.8.Japan
8.4.8.1.Japan Intelligent Flow Meter Market Size and Forecast, by Type
8.4.8.2.Japan Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.4.8.3.Japan Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.4.9.South Korea
8.4.9.1.South Korea Intelligent Flow Meter Market Size and Forecast, by Type
8.4.9.2.South Korea Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.4.9.3.South Korea Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.4.10. Australia
8.4.10.1.Australia Intelligent Flow Meter Market Size and Forecast, by Type
8.4.10.2.Australia Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.4.10.3.Australia Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.4.11.Singapore
8.4.11.1.Singapore Intelligent Flow Meter Market Size and Forecast, by Type
8.4.11.2.Singapore Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.4.11.3.Singapore Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.4.12.Indonesia
8.4.12.1.Indonesia Intelligent Flow Meter Market Size and Forecast, by Type
8.4.12.2.Indonesia Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.4.12.3.Indonesia Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.4.13.Taiwan
8.4.13.1.Taiwan Intelligent Flow Meter Market Size and Forecast, by Type
8.4.13.2.Taiwan Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.4.13.3.Taiwan Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.4.14.Malaysia
8.4.14.1.Malaysia Intelligent Flow Meter Market Size and Forecast, by Type
8.4.14.2.Malaysia Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.4.14.3.Malaysia Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.4.15.Rest of APAC
8.4.15.1.Rest of APAC Intelligent Flow Meter Market Size and Forecast, by Type
8.4.15.2.Rest of APAC Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.4.15.3.Rest of APAC Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.5.Rest of The World
8.5.1.Key Market Trends and Opportunities
8.5.2.Rest of The World Intelligent Flow Meter Market Size and Forecast, by Type
8.5.3.Rest of The World Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.5.4.Rest of The World Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.5.5.Rest of The World Intelligent Flow Meter Market Size and Forecast, by Country
8.5.6.Latin America
8.5.6.1.Latin America Intelligent Flow Meter Market Size and Forecast, by Type
8.5.6.2.Latin America Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.5.6.3.Latin America Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.5.7.Middle East
8.5.7.1.Middle East Intelligent Flow Meter Market Size and Forecast, by Type
8.5.7.2.Middle East Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.5.7.3.Middle East Intelligent Flow Meter Market Size and Forecast, by End Use Industry
8.5.8.Africa
8.5.8.1.Africa Intelligent Flow Meter Market Size and Forecast, by Type
8.5.8.2.Africa Intelligent Flow Meter Market Size and Forecast, by Communication Protocol
8.5.8.3.Africa Intelligent Flow Meter Market Size and Forecast, by End Use Industry

Chapter 9.Competitive Landscape
9.1.Market Overview
9.2.Market Share Analysis/Key Player Positioning
9.3.Developmental Strategy Benchmarking
9.3.1.New Product Development
9.3.2.Product Launches
9.3.3.Business Expansions
9.3.4.Partnerships, Joint Ventures, And Collaborations
9.3.5.Mergers And Acquisitions

Chapter 10.Company Profiles
10.1.Emerson Electric (US)
10.1.1.Company Snapshot
10.1.2.Financial Performance
10.1.3.Product Offerings
10.1.4.Key Strategic Initiatives
10.1.5.SWOT Analysis
10.2.Itron (US)
10.2.1.Company Snapshot
10.2.2.Financial Performance
10.2.3.Product Offerings
10.2.4.Key Strategic Initiatives
10.2.5.SWOT Analysis
10.3.ABB (Switzerland)
10.3.1.Company Snapshot
10.3.2.Financial Performance
10.3.3.Product Offerings
10.3.4.Key Strategic Initiatives
10.3.5.SWOT Analysis
10.4.Siemens (Germany)
10.4.1.Company Snapshot
10.4.2.Financial Performance
10.4.3.Product Offerings
10.4.4.Key Strategic Initiatives
10.4.5.SWOT Analysis
10.5.Honeywell International (US)
10.5.1.Company Snapshot
10.5.2.Financial Performance
10.5.3.Product Offerings
10.5.4.Key Strategic Initiatives
10.5.5.SWOT Analysis
10.6.Baker Hughes (US)
10.6.1.Company Snapshot
10.6.2.Financial Performance
10.6.3.Product Offerings
10.6.4.Key Strategic Initiatives
10.6.5.SWOT Analysis
10.7.Sierra Instruments Inc. (China)
10.7.1.Company Snapshot
10.7.2.Financial Performance
10.7.3.Product Offerings
10.7.4.Key Strategic Initiatives
10.7.5.SWOT Analysis
10.8.Endress + Hauser AG (Switzerland)
10.8.1.Company Snapshot
10.8.2.Financial Performance
10.8.3.Product Offerings
10.8.4.Key Strategic Initiatives
10.8.5.SWOT Analysis
10.9.Azbil Corporation (US)
10.9.1.Company Snapshot
10.9.2.Financial Performance
10.9.3.Product Offerings
10.9.4.Key Strategic Initiatives
10.9.5.SWOT Analysis
10.10.Nidec Corporation (Japan)
10.10.1.Company Snapshot
10.10.2.Financial Performance
10.10.3.Product Offerings
10.10.4.Key Strategic Initiatives
10.10.5.SWOT Analysis
*The List of Company Is Subject To Change During The Final Compilation of The Report

Key Companies
Market Segmentation

By Type

  • Variable Area
  • Differential Pressure
  • Positive Displacement
  • Coriolis
  • Magnetic
  • Vortex
  • Multiphase
  • Ultrasonic

By End Use Industry

  • Chemicals
  • Food & Beverages
  • Metals & Mining
  • Oil & Gas
  • Pharmaceuticals
  • Power Generation
  • Water & Wastewater

By Communication Protocol

  • HART
  • MODBUS
  • PROFIBUS
  • Others

By Region 

  • North America  
    • The U.S. 
    • Canada 
    • Mexico 
  • Europe 
    • The U.K. 
    • Germany 
    • France 
    • Spain 
    • Italy 
    • Netherlands 
    • Sweden 
    • Switzerland 
    • Denmark 
    • Finland 
    • Russia 
    • Rest of Europe 
  • The Asia-Pacific 
    • China 
    • India 
    • Japan 
    • South Korea 
    • Australia 
    • Singapore 
    • Indonesia 
    • Taiwan 
    • Malaysia 
    • Rest of Asia-Pacific 
  • Rest of the World 
    • Latin America 
    • The Middle East 
    • Africa

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