Nov 1, 2017   SOURCE: BusinessWire

Global Electromagnetic Flowmeters Market Report 2017: Rising Demand from the Water & Wastewater Industry - Research and Markets

The "Global Electromagnetic Flowmeters Market - Forecasts and Trends (2016 - 2021)" report has been added to Research and Markets' offering.

The Electromagnetic Flowmeters Market is increasing at a decent pace, and isn't going to saturate throughout the forecast period.

Magnetic flowmeter is theoretically an electromagnetic flow meter or a mag meter. It is a device used to measure mass, linear, volume, nonlinear flow rate of a liquid or a gas. It can measure water-based or conductive volumetric flow. They are perfect for applications which require low maintenance and low pressure drop. They are apt for wastewater applications or unclean conductive liquids. It is the most commonly used flow meter after differential pressure and positive displacement flow meters. Device intelligence has aided magnetic flow meters to go beyond their general function to be vital tools for process and business development.

The magnetic flowmeters are comparatively cost-efficient and easy to install. They don't have any moving parts, due to which they are easy to retain and offer decent accuracy for most applications. Currently, Water & Wastewater holds the maximum market size and is expected to continue its dominance. While Pulp & Paper application is anticipated for fastest growth among other applications, it is followed by Water & Wastewater, Chemicals, and Food & Beverages Industries. The new improvement which aided this constant growth of the market is the introduction of the two-wire magnetic flowmeter. One of the key driving factors for the market is the removal of the wiring constraint. The wireless transmission system decreases the difficulty of monitoring rotating equipment, which would uphold the magnetic flowmeter industry. Their market share is accounted to be around 60% of the overall flowmeter market share during the forecast period.

Companies Mentioned:

  • ABB Ltd.
  • Yokogawa Electric Corporation
  • Azbil Corporation
  • Endress+Hauser Ag
  • Emerson Electric Corporation
  • General Electric
  • Honeywell international Inc.
  • Krohne Group
  • Omega Engineering inc.
  • Siemens Ag
  • Invensys plc
  • Hitachi Ltd.
  • Others

Key Topics Covered:

1. Introduction

2. Key Findings

3. Market Overview & Dynamics

4. Porter's Five Forces Analysis

5. Market Segmentation

6. Market Segmentation, By Region

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/xg9h2v/global