Report ID : AMR1004230 | Industries : Semiconductors and Electronics | Published On :December 2023 | Page Count : 210
Global Positive Displacement Flowmeters Market Size, Trends, and Growth Opportunity, By Types (Rotor Positive Displacement Flow Meters, Scraper Positive Displacement Flow Meters, Rotary Piston Positive Displacement Flow Meters, Disc Positive Displacement Flow Meters, Reciprocating Piston Positive Displacement Flow Meters, Drum Positive Displacement Flow Meters, Membrane Positive Displacement Flow Meters), By Application (Petrochemical, Gas, Pharmaceutical, Food, Aviation (airplane refuelling) Marine (ship / vessel refuelling), Tank Truck Loading In Oil Terminal / Refinery, Others), By Region and forecast till 2030.
Global Positive Displacement Flowmeters Market
Global Positive Displacement Flowmeters Market was valued at USD 10.4 billion by 2022 and is slated to reach USD 12.7 billion by 2030 at a CAGR of 6.0% from 2023-2030.
A positive displacement flowmeter is a type of flow metre that calculates a fluid's volumetric flow rate by capturing discrete volumes of fluid and calculating how frequently these volumes are displaced. This is in juxtaposition with other types of flow metres, such turbine metres, which determine the flow rate by measuring the fluid's velocity.
Market Drivers
The excellent accuracy with which positive displacement flowmeters measure fluid flow rates has earned them a reputation. The need for positive displacement flowmeters is on the rise due to the need for precise flow measurements in a variety of industries, including those in the oil and gas, chemical, water and wastewater, food and beverage, and other sectors. Rapid economic growth is being seen in emerging economies like China, India, and Brazil. Positive displacement flowmeter demand is being driven by an increase in industrial activity in these nations as a result of this. Regulatory standards and directives for precise flow measurement apply to numerous industries. Due to their great precision, dependability, and repeatability, positive displacement flowmeters frequently satisfy these needs. Positive displacement flowmeter use is driven by adherence to industry standards and laws. The market for positive displacement flowmeters gains from continual technical improvements. Positive displacement flowmeter performance, accuracy, and dependability are increased by technological advancements such digitalization, wireless connectivity, and improved sensor technologies. These developments draw end users looking for sophisticated flow measuring systems, fostering market expansion. Globally, industries have made energy efficiency a top focus. Positive displacement flowmeters provide precise flow information that aids in monitoring and optimising energy usage. These flowmeters are used by energy-conscious enterprises because they aid in attempts to conserve energy by spotting inefficiencies and possible energy savings.
Market Restraints
Positive displacement flowmeters cost more up front than other flow measurement devices. Especially for small and medium-sized businesses with tight funds, this may put off potential purchasers. Positive displacement flowmeters' widespread use in some sectors or applications may be constrained by the high cost of installation, calibration, and maintenance. Positive displacement flowmeter prices are influenced by the price of raw materials like metals, polymers, and alloys. Positive displacement flowmeter costs may be impacted by the large price fluctuations in these raw material costs.
Turbine flowmeters and ultrasonic flowmeters are a couple of the other forms of flowmeters that are offered on the market. Compared to positive displacement flowmeters, these flowmeters may have various advantages like higher accuracy or lower cost. Positive displacement flowmeters may eventually face some competition as a result of this. A sizable pressure decreases in the fluid being monitored can be produced using positive displacement flowmeters. The system's overall efficiency may be impacted by this pressure reduction, especially in situations where maintaining a consistent pressure is essential. The use of flow measurement technology with reduced pressure drops may be preferred in sectors with strict pressure requirements, such as HVAC systems or the pharmaceutical industry. Comparatively speaking, positive displacement flowmeters are typically larger and heavier. This may be a drawback in applications that have limited space or call for portable flow measurement. Aerospace and automotive are two industries that may favour flowmeters with a small footprint and light weight. These industries work in small or mobile environments.
Covid-19 Impact
During the pandemic, demand fell across a wide range of businesses, including manufacturing, oil and gas, and construction. As businesses cut back on operations or temporarily shut down their facilities, the demand for positive displacement flowmeters decreased. Businesses were hesitant in their expenditure because of the pandemic's effects on the economy, which had a further negative influence on the market. Global supply chains were affected by the pandemic, making it challenging for manufacturers to get the parts and raw materials they required to make flowmeters. The pandemic's immediate concerns became more of a priority for a number of industries. As businesses gave priority to crucial operations and cost-cutting measures, investments in new machinery and technology, including positive displacement flowmeters, were postponed. The economic uncertainty brought on by the pandemic resulted in the postponement or delay of numerous capital projects, including infrastructure improvement and industrial growth. The need for positive displacement flowmeters has decreased as a result of these projects frequently requiring their installation.
Recent Development
Emerson unveiled a new generation of Rosemount 8800 positive displacement flow metres in 2023. The new metres provide greater precision, dependability, and performance.
ABB introduced a fresh series of positive displacement flow metres for the oil and gas sector in 2023. The metres were created to suit the strict standards of this industry.
Market Segmentation
Global Positive Displacement Flowmeters Market is segmented into Type and Application. By Types such as Rotor Positive Displacement Flow Meters, Scraper Positive Displacement Flow Meters, Rotary Piston Positive Displacement Flow Meters, Disc Positive Displacement Flow Meters, Reciprocating Piston Positive Displacement Flow Meters, Drum Positive Displacement Flow Meters, Membrane Positive Displacement Flow Meters. By Applications such as Petrochemical, Gas, Pharmaceutical, Food, Aviation (airplane refuelling) Marine (ship / vessel refuelling), Tank Truck Loading in Oil Terminal / Refinery, Others.
Regional Analysis
Global Positive Displacement Flowmeters Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Europe is anticipated to be the second-largest market throughout the projection period due to the region's growing need for precise and trustworthy flow measurement. Due to the region's increasing industrialization and urbanization, Asia Pacific is anticipated to have the quickest rate of growth during the projection period.
Key Players
This report includes a list of numerous Key Players, ABB Ltd., Azbil Corporation, Emerson Electric Co., Endress+Hauser AG, Flowserve Corporation, General Electric Company, KROHNE Messtechnik GmbH, Mettler Toledo International Inc., Swagelok Company, Weir Group PLC.
Market Taxonomy
By Types
• Rotor Positive Displacement Flow Meters
• Scraper Positive Displacement Flow Meters
• Rotary Piston Positive Displacement Flow Meters
• Disc Positive Displacement Flow Meters
• Reciprocating Piston Positive Displacement Flow Meters
• Drum Positive Displacement Flow Meters
• Membrane Positive Displacement Flow Meters
By Application
• Petrochemical
• Gas
• Pharmaceutical
• Food
• Aviation (airplane refuelling)
• Marine (ship / vessel refuelling)
• Tank Truck Loading in Oil Terminal / Refinery
• Others.
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
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Global Positive Displacement Flowmeters Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Positive Displacement Flowmeters Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Positive Displacement Flowmeters Market, By Types
5.1 Y-o-Y Growth Comparison, By Types
5.2 Global Positive Displacement Flowmeters Market Share Analysis, By Types
5.3 Global Positive Displacement Flowmeters Market Size and Forecast, By Types
5.3.1 Rotor Positive Displacement Flow Meters
5.3.2 Scraper Positive Displacement Flow Meters
5.3.3 Rotary Piston Positive Displacement Flow Meters
5.3.4 Disc Positive Displacement Flow Meters
5.3.5 Reciprocating Piston Positive Displacement Flow Meters
5.3.6 Drum Positive Displacement Flow Meters
5.3.7 Membrane Positive Displacement Flow Meters
6 Global Positive Displacement Flowmeters Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Positive Displacement Flowmeters Market Share Analysis, By Application
6.3 Global Positive Displacement Flowmeters Market Size and Forecast, By Application
6.3.1 Petrochemical
6.3.2 Gas
6.3.3 Pharmaceutical
6.3.4 Food
6.3.5 Aviation (airplane refuelling)
6.3.6 Marine (ship / vessel refuelling)
6.3.7 Tank Truck Loading in Oil Terminal / Refinery
6.3.8 Others.
7 Global Positive Displacement Flowmeters Market, By Region
7.1 Global Positive Displacement Flowmeters Market Share Analysis, By Region
7.2 Global Positive Displacement Flowmeters Market Size and Forecast, By Region
7.3 Global Positive Displacement Flowmeters Market Trends and Forecast, By Region
8 North America Positive Displacement Flowmeters Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Positive Displacement Flowmeters Market Size and Forecast, By Types
8.3 North America Positive Displacement Flowmeters Market Size and Forecast, By Application
8.4 North America Positive Displacement Flowmeters Market Size and Forecast, By Country
8.4.1 U.S.
8.4.1.1 Market Size and Forecast, By Types
8.4.1.2 Market Size and Forecast, By Application
8.4.2 Canada
8.4.2.1 Market Size and Forecast, By Types
8.4.2.2 Market Size and Forecast, By Application
8.4.3 Mexico
8.4.3.1 Market Size and Forecast, By Types
8.4.3.2 Market Size and Forecast, By Application
9 Europe Positive Displacement Flowmeters Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Positive Displacement Flowmeters Market Size and Forecast, By Types
9.3 Europe Positive Displacement Flowmeters Market Size and Forecast, By Application
9.4 Europe Positive Displacement Flowmeters Market Size and Forecast, By Country
9.4.1 Germany
9.4.1.1 Market Size and Forecast, By Types
9.4.1.2 Market Size and Forecast, By Application
9.4.2 France
9.4.2.1 Market Size and Forecast, By Types
9.4.2.2 Market Size and Forecast, By Application
9.4.3 UK
9.4.3.1 Market Size and Forecast, By Types
9.4.3.2 Market Size and Forecast, By Application
9.4.4 Russia
9.4.4.1 Market Size and Forecast, By Types
9.4.4.2 Market Size and Forecast, By Application
9.4.5 Italy
9.4.5.1 Market Size and Forecast, By Types
9.4.5.2 Market Size and Forecast, By Application
9.4.6 Spain
9.4.6.1 Market Size and Forecast, By Types
9.4.6.2 Market Size and Forecast, By Application
9.4.7 Rest of Europe
9.4.7.1 Market Size and Forecast, By Types
9.4.7.2 Market Size and Forecast, By Application
10 Asia Pacific Positive Displacement Flowmeters Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Positive Displacement Flowmeters Market Size and Forecast, By Types
10.3 Asia Pacific Positive Displacement Flowmeters Market Size and Forecast, By Application
10.4 Asia Pacific Positive Displacement Flowmeters Market Size and Forecast, By Country
10.4.1 China
10.4.1.1 Market Size and Forecast, By Types
10.4.1.2 Market Size and Forecast, By Application
10.4.2 Japan
10.4.2.1 Market Size and Forecast, By Types
10.4.2.2 Market Size and Forecast, By Application
10.4.3 India
10.4.3.1 Market Size and Forecast, By Types
10.4.3.2 Market Size and Forecast, By Application
10.4.4 South Korea
10.4.4.1 Market Size and Forecast, By Types
10.4.4.2 Market Size and Forecast, By Application
10.4.5 Australia
10.4.5.1 Market Size and Forecast, By Types
10.4.5.2 Market Size and Forecast, By Application
10.4.6 New Zealand
10.4.6.1 Market Size and Forecast, By Types
10.4.6.2 Market Size and Forecast, By Application
10.4.7 Singapore
10.4.7.1 Market Size and Forecast, By Types
10.4.7.2 Market Size and Forecast, By Application
10.4.8 Malaysia
10.4.8.1 Market Size and Forecast, By Types
10.4.8.2 Market Size and Forecast, By Application
10.4.9 Rest of Asia
10.4.9.1 Market Size and Forecast, By Types
10.4.9.2 Market Size and Forecast, By Application
11 Latin America Positive Displacement Flowmeters Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Positive Displacement Flowmeters Market Size and Forecast, By Types
11.3 Latin America Positive Displacement Flowmeters Market Size and Forecast, By Application
11.4 Latin America Positive Displacement Flowmeters Market Size and Forecast, By Country
11.4.1 Brazil
11.4.1.1 Market Size and Forecast, By Types
11.4.1.2 Market Size and Forecast, By Application
11.4.2 Argentina
11.4.2.1 Market Size and Forecast, By Types
11.4.2.2 Market Size and Forecast, By Application
11.4.3 Colombia
11.4.3.1 Market Size and Forecast, By Types
11.4.3.2 Market Size and Forecast, By Application
11.4.4 Peru
11.4.4.1 Market Size and Forecast, By Types
11.4.4.2 Market Size and Forecast, By Application
11.4.5 Chile
11.4.5.1 Market Size and Forecast, By Types
11.4.5.2 Market Size and Forecast, By Application
11.4.6 Venezuela
11.4.6.1 Market Size and Forecast, By Types
11.4.6.2 Market Size and Forecast, By Application
11.4.7 Rest of Latin America
11.4.7.1 Market Size and Forecast, By Types
11.4.7.2 Market Size and Forecast, By Application
12 Middle East Positive Displacement Flowmeters Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Positive Displacement Flowmeters Market Size and Forecast, By Types
12.3 Middle East Positive Displacement Flowmeters Market Size and Forecast, By Application
12.4 Middle East Positive Displacement Flowmeters Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.1.1 Market Size and Forecast, By Types
12.4.1.2 Market Size and Forecast, By Application
12.4.2 UAE
12.4.2.1 Market Size and Forecast, By Types
12.4.2.2 Market Size and Forecast, By Application
12.4.3 Egypt
12.4.3.1 Market Size and Forecast, By Types
12.4.3.2 Market Size and Forecast, By Application
12.4.4 Kuwait
12.4.4.1 Market Size and Forecast, By Types
12.4.4.2 Market Size and Forecast, By Application
12.4.5 South Africa
12.4.5.1 Market Size and Forecast, By Types
12.4.5.2 Market Size and Forecast, By Application
12.4.6 Rest of Middle East & Africa
12.4.6.1 Market Size and Forecast, By Types
12.4.6.2 Market Size and Forecast, By Application
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 ABB Ltd
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Azbil Corporation, Emerson Electric Co
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Endress+Hauser AG
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Flowserve Corporation
14.4.1 Overview
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 General Electric Company
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 KROHNE Messtechnik GmbH
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Mettler Toledo International Inc
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Swagelok Company
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Weir Group PLC
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Emerson Electric Co.
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
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