Market Share of Electromagnetic Flowmeter Industry
The Global Electromagnetic Flowmeter Market is very competitive. Some of the significant players in the market are ABB Ltd, Azbil Corporation, Endress+Hausar AG, Emerson Electric Corporation, Toshiba Corporation, Honeywell International Inc., KROHNE Messtechnik GmbH, and many more. The companies are increasing the market share by forming multiple partnerships and investing in introducing new products to earn a competitive edge during the forecast period.
In July 2022, Siemens Greece partnered with the municipal water and sewerage company of Larissa (DEYAL), marking Siemens' presence at this year's IFAT, the world's leading trade fair for water, sewage, waste, and raw material management. Siemens provides water and sewage facility/network management and rural area irrigation solutions through this flagship project. In contrast, Siemens' high energy efficiency pumps, flowmeters, and Industry 4.0 solutions have already led to significant energy savings and seepage loss reductions.
In November 2021, ABB's electromagnetic flowmeters had the expertise to across the complete water cycle, from extraction and treatment to metering and distribution. The company has an extensive range of electromagnetic flow meters and measurement products for use throughout all cycle stages. ABB partnered with the Danish water environment DHI Group to develop a suite of digital solutions to enable faster and more accurate decision-making for water and wastewater utilities.
Electromagnetic Flowmeter Market Leaders
ABB Ltd
Azbil Corporation
Endress+Hausar AG
Emerson Electric Corporation
Toshiba Corporation
*Disclaimer: Major Players sorted in no particular order
