Global Magnetic Flow Transmitter Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Magnetic Flow Transmitter market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The market prospect for magnetic flow transmitters is highly favorable. The increasing demand for accurate and reliable flow measurement in industries such as water and wastewater treatment, chemical processing, and food and beverage is driving the market growth. Magnetic flow transmitters offer several advantages such as excellent accuracy, reliability, and the ability to measure corrosive or dirty liquids. They are also capable of measuring bi-directional flow and can handle a wide range of flow rates. Factors such as regulatory compliance, process optimization, and the need for efficient resource management further contribute to the market demand. With ongoing technological advancements and increasing adoption across industries, the market for magnetic flow transmitters is expected to witness significant growth in the foreseeable future.
The magnetic flow transmitter, also known as a magnetic flowmeter or magmeter, is a device used to measure the flow rate of conductive liquids in a pipe or conduit. It operates on the principle of Faraday's Law of Electromagnetic Induction. The transmitter consists of a magnetic coil located on one side of the pipe and an electrode on the opposite side. When a conductive liquid flows through the pipe, it generates a magnetic field that is perpendicular to the direction of flow. The magnetic coil induces a voltage in the liquid, which is measured by the electrode. The voltage is directly proportional to the flow rate of the liquid. Magnetic flow transmitters are preferred for measuring corrosive, abrasive, or dirty liquids, as they have no moving parts and the flow path is completely unobstructed. They offer excellent accuracy and reliability, especially in applications where there are fluctuations in flow conditions. Additionally, they can measure bi-directional flow and handle a wide range of flow rates. These transmitters find applications in various industries, including water and wastewater treatment, chemical processing, food and beverage, and pharmaceuticals. They are particularly useful for measuring flows of fluids with high solid content or where hygiene and cleanliness are important. he market prospect for magnetic flow transmitters is positive, driven by the increasing demand for reliable and accurate flow measurement in various industrial sectors. Factors such as regulatory compliance, process optimization, and the need for efficient resource management are also contributing to the market growth. Technological advancements, such as improved signal processing algorithms and enhanced electronics, further enhance the performance and capabilities of these transmitters. Overall, the market for magnetic flow transmitters is expected to experience steady growth in the coming years.
This report is a detailed and comprehensive analysis for global Magnetic Flow Transmitter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Magnetic Flow Transmitter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Magnetic Flow Transmitter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Magnetic Flow Transmitter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Magnetic Flow Transmitter market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023.
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Magnetic Flow Transmitter
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace.
This report profiles key players in the global Magnetic Flow Transmitter market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Emerson, Yokogawa Electric, Onicon, Wika Alexander Wiegand and Endress Hauser, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Magnetic Flow Transmitter market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Insertion Magnetic Flow Transmitter
Online Magnetic Flow Transmitter
Market segment by Application
Oil and Gas
Chemical Industrial
Medical
Others
Major players covered
Emerson
Yokogawa Electric
Onicon
Wika Alexander Wiegand
Endress Hauser
HMA Group
Mass Flow
PT. Inako Persada
Schneider Electric
Hawk Measurement Systems
CTH Industrial Control
Spartan Controls
Badger Meter
Shanghai Welltech Automation
Anhui Xincheng Automation Measurement and Control Meters
Xian Lantian Hengyuan Hydropower Equipment
Jiangsu Hongyi Automation Instrument
Shanghai Instrument Group
Supmea Automation
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Magnetic Flow Transmitter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Magnetic Flow Transmitter, with price, sales, revenue and global market share of Magnetic Flow Transmitter from 2018 to 2023.
Chapter 3, the Magnetic Flow Transmitter competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Magnetic Flow Transmitter breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Magnetic Flow Transmitter market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Magnetic Flow Transmitter.
Chapter 14 and 15, to describe Magnetic Flow Transmitter sales channel, distributors, customers, research findings and conclusion.