According to a new market research report “Magnetic Flowmeter Market
by Type (In-Line, Insertion, Low Flow), Component (Flow Tube, Sensing
Electrodes), Application (Water & Wastewater, Food & Beverages,
Chemicals, Pulp & Paper), and Geography - Global Trends &
Forecasts from 2014 to 2020” the total market
was valued at a market size of $1,395.38 in 2013 and is expected to
reach 1,916.94 million by 2020, at an estimated CAGR of 4.58% from 2014
to 2020.
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Browse 92 market data tables and 65 figures spread through 160 pages and in-depth TOC on “Magnetic Flowmeter Market - Global Trends & Forecasts from 2014 to 2020"
The magnetic flowmeters help in the detection of
flaws and impurities in accordance with certain standard norms. This
market, at present, is witnessing a spree of mergers, partnerships, and
acquisitions among the market players, which is resulting in a wide
range of challenges and opportunities.
The various types of the magnetic flowmeters are the
in-line, insertion, and low flow magnetic flowmeters. Whereas the
applications of the magnetic flowmeters are water & wastewater, oil
& gas, food & beverages, chemicals, energy generation, metals
& mining, pulp & paper, pharmaceuticals, and so on. The report
covers geographic regions which include North America, Europe,
Asia-Pacific, and the Rest of the World (RoW). APAC is the largest
geography in terms of market size for the magnetic flowmeter market.
North America, Europe, and RoW are also considered to be the promising
markets, along with the U.S., Mexico, Germany, and the Middle East,
which provide impetus to the growth.
The report profiles the promising major players with
SWOT analysis of these key players in the magnetic flowmeter market. The
competitive landscape of the market presents an interesting picture,
where a large number of small players have become a force to calculate
with. The market is witnessing a series of new product launch
announcements and partnerships across the value chain.
The report also discusses the future of the global
market with the road-maps, upcoming technologies, submarkets, and
applications with respect to the magnetic flowmeter market. The major
companies operating in this market are Emerson Electric Co. (U.S.),
Endress+Hauser AG (Germany), ABB Ltd. (Switzerland), and Krohne
Messtechnik GmbH (Germany), among others.
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