Apr 16, 2020   SOURCE: BusinessWire

Global Totalizing Fluid Meter and Counting Device Market (2020 to 2030) - Featuring ABB Group, Badger Meter & Emerson Electric Among Others - ResearchAndMarkets.com

The "Totalizing Fluid Meter and Counting Device Global Market Report 2020" report has been added to ResearchAndMarkets.com's offering.

The global totalizing fluid meter and counting device market was worth $21.64 billion in 2019.

The totalizing fluid meter and counting device market covered in this report is segmented by type into differential pressure flow meters, positive displacement flow meters, velocity flow meters, mass flow meters, and open channel meters. It is also segmented by end-use industry into water & waste water, refining & petrochemicals, oil & gas, chemicals, power generation, pulp & paper and metals & mining.

Totalizing Fluid Meter and Counting Device Global Market Report 2020 from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global totalizing fluid meter and counting device market.

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The totalizing fluid meter and counting device market consists of sales of totalizing fluid meters and counting device and related services such as, measuring linear, nonlinear, mass or volumetric flow rate of a liquid or a gas. Totalizing flow meter and counting devices are the instruments used to measure the volume or mass of a gas or liquid. Some examples of the totaling fluid meters and counting devices are gas consumption meters, water consumption meters, parking meters, taxi meters, and gauges for motor vehicles and equipment for collecting fare.

The totalizing fluid meter and counting device market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. Asia Pacific was the largest region in the totalizing fluid meter and counting device market in 2019. China region is expected to be the fastest growing region in the totalizing fluid meter and counting device market in forecast period.

The increasing demand from automotive manufacturing companies contributed to the market growth of flow meter and counting devices manufacturers. Emerging market growth for automotive manufacturing companies was aided by growing popularity of public transportation and rapid growth in number of vehicles. According to a study in 2017, the total global vehicle population stood at 1.32 billion cars and trucks, which was nearly double the volume when compared to 1996 volumes. In 1996, the total vehicles-in-operation totaled 670 million. Therefore, the increasing demand from automotive manufacturers is expected to drive the market for flow meters and counting devices such as parking meters, taxi meters, and gauges for motor vehicles and equipment for collecting fare.

Companies Mentioned

  • ABB Group
  • Badger Meter Inc.
  • Emerson Electric Co.
  • General Electric
  • Honeywell International Inc
  • Siemens
  • Yokogawa Electric

Key Topics Covered:

1. Executive Summary

2. Totalizing Fluid Meter and Counting Device Market Characteristics

3. Totalizing Fluid Meter and Counting Device Market Size and Growth

3.1. Global Totalizing Fluid Meter and Counting Device Market Historic Market, 2015 - 2019, $ Billion

3.1.1. Drivers of the Market

3.1.2. Restraints on the Market

3.2. Global Totalizing Fluid Meter and Counting Device Market Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

3.2.1. Drivers of the Market

3.2.2. Restraints on the Market

4. Totalizing Fluid Meter and Counting Device Market Segmentation

4.1. Global Totalizing Fluid Meter and Counting Device Market, Segmentation by Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

4.2. Global Totalizing Fluid Meter and Counting Device Market, Segmentation by End-Use industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

5. Totalizing Fluid Meter and Counting Device Market Regional and Country Analysis

5.1. Global Totalizing Fluid Meter and Counting Device Market, Split by Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

5.2. Global Totalizing Fluid Meter and Counting Device Market, Split by Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

For more information about this report visit https://www.researchandmarkets.com/r/g7vdmj.