Flow Meter Market Estimated to Witness High Growth owing to Rising Demand from Oil and Gas Industry
Flow Meter Market Flow meters have become essential for industrial processes across various sectors such as oil & gas, chemical, food & beverage and power generation industries for measuring the flow of gases and liquids. Flow meters allow accurate measurement and monitoring of liquids and gases flowing through pipes in industrial processes. They play a vital role in process optimization, quality control and energy management. The global flow meter market is estimated to be valued at US$ 8.43 Billion in 2024 and is expected to exhibit a CAGR of 3.7% over the forecast period from 2024 to 2031. Key Takeaways Key players operating in the flow meter market are India Systems Pvt. Ltd., Enkay Technologies, Budget Signs, Truknox Technologies, Intellicon, BH Enterprizes, BenQ Corporation, Sony Corporation, Sharp Corporation, Panasonic Corporation, LG Electronics Inc., and Samsung Electronics Co. Ltd. The key opportunities in the Flow Meters Market Size include rise in adoption of