Global Industrial Vortex Flowmeters Market Growth 2023-2029
The global Industrial Vortex Flowmeters market size is projected to grow from US$ 567.4 million in 2022 to US$ 833.2 million in 2029; it is expected to grow at a CAGR of 5.6% from 2023 to 2029.
The industrial vortex flowmeters market refers to the industry involved in the manufacturing and distribution of vortex flowmeters specifically designed for industrial applications. Vortex flowmeters are instruments used to measure the flow rate of fluids, such as gases, steam, and liquids, in industrial processes.
Industrial vortex flowmeters utilize the principle of the von Kármán effect, which involves the creation of alternating vortices when a fluid flows past an obstruction, such as a bluff body or shedder bar, inserted into the flow path. These vortices are then detected and measured to determine the flow rate.
The market for industrial vortex flowmeters has experienced growth due to the increasing demand for accurate and reliable flow measurement solutions in various industries, including oil and gas, chemical, power generation, water and wastewater, and HVAC systems. Factors such as process optimization, energy management, and regulatory compliance have contributed to the market's expansion.
Key players in the industrial vortex flowmeters market include manufacturers, suppliers, and distributors of vortex flowmeters and related instruments. These companies offer a range of vortex flowmeters with different sizes, materials, and configurations to meet the specific requirements of industrial applications.
The market is driven by factors such as the need for precise flow measurement, the ability to handle a wide range of fluid types and conditions, and the advantages offered by vortex flowmeters, such as high accuracy, low pressure drop, and minimal maintenance requirements. Vortex flowmeters are particularly suitable for applications involving clean fluids, high temperatures, and high-pressure conditions.
Geographically, the market for industrial vortex flowmeters is global, with demand coming from various regions including North America, Europe, Asia Pacific, and the rest of the world. Industries such as oil and gas, chemical processing, power generation, and water treatment contribute significantly to the market's growth.
Advancements in vortex flowmeter technology, such as the development of improved sensing elements, advanced signal processing algorithms, and integration with digital communication protocols, are expected to drive the market forward. These advancements aim to provide higher accuracy, better performance in challenging environments, and enhanced connectivity with industrial control systems.
A vortex meter is a type of volumetric flow meter that makes use of a natural phenomenon that occurs when a liquid flows around a bluff object. Vortex flow meters operate under the vortex shedding principle, where vortices (or eddies) are shed alternately downstream of the object.
LPI (LP Information)' newest research report, the “Industrial Vortex Flowmeters Industry Forecast” looks at past sales and reviews total world Industrial Vortex Flowmeters sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Vortex Flowmeters sales for 2023 through 2029. With Industrial Vortex Flowmeters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Vortex Flowmeters industry.
This Insight Report provides a comprehensive analysis of the global Industrial Vortex Flowmeters landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Vortex Flowmeters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Vortex Flowmeters market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Vortex Flowmeters and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Vortex Flowmeters.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Vortex Flowmeters market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Inline Vortex Flowmeters
Insertion Vortex Flowmeters
Segmentation by application
Oil & Gas
Water & Wastewater
Chemical Industry
Power Generation
Pharmaceuticals
Pulp & Paper
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Emerson
Endress+Hauser
ABB
Yokogawa Electric
Siemens
Badger Meter
Azbil Corporation
Honeywell
Schneider Electric
KROHNE
ifm electronic
Bopp & Reuther
Baker Hughes
TLV
OMEGA Engineering
Supmea Automation
KOBOLD
OVAL Corporation
ONICON
VorTek Instruments
Chongqing Chuanyi Automation
Shanghai Kent Instrument
WELL TECH
Q&T Instrument
Lefoo Industrial
Dandong Top Electronics Instrument
Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Vortex Flowmeters market?
What factors are driving Industrial Vortex Flowmeters market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Vortex Flowmeters market opportunities vary by end market size?
How does Industrial Vortex Flowmeters break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.