According to TechSci Research report, “Global Flow Meters Market By Type, By End-Use Industry, By Region, Competition, Forecast & Opportunities, 2024” , global flow meters market is projected to grow at a CAGR of over 5% during 2019-2024, on the back of increasing demand from petrochemicals and refining industries. Moreover, usage of flow meters is mandated by environmental regulations for quality control and revenue calculations. Flow meters market, globally, is also expected to be driven by the replacement of outdated flow meters with newer smart flow meters in coming years. On the basis of end-use industry, global flow meters market has been segmented into water & wastewater, oil & gas, chemicals, power generation, pulp & paper, and food & beverages industries. The oil & gas segment is anticipated to witness the fastest growth during the forecast period, on the back of booming oil & gas industry in the emerging economies. Flow meters a...
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