Market Share of Flow Meters Industry
The flow meters market is highly fragmented with the presence of major players like Yokogawa Electric Corporation, ABB Ltd, Siemens AG, Bronkhorst High-Tech BV, and Honeywell International Inc. Players in the market are adopting strategies such as partnerships, innovations, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In September 2022, Yokogawa Electric Corporation announced the launch of the OpreXTM Magnetic Flowmeter CA Series. This new product series succeeded the ADMAG CA Series and was introduced as part of the OpreX Field Instruments family. The items in this new series are all capacitance-type magnetic flowmeters that can measure the flow of conductive fluids through a measurement tube without contacting the device's electrodes. This series has novel functionalities that increase user-friendliness, maintainability, and operational efficiency, in addition to the non-wetted electrode architecture.
In June 2022, Sensirion expanded its mass flow controller line with the SFC5500. The high-performance mass flow controllers and meters are calibrated for numerous gases. The feature includes push-in fittings, which the user from the list of suitable components can readily replace. Each device may cover a variety of flow ranges present in traditional devices. The SFC5500 is a flexible SFC5500 that can handle many applications.
Flow Meters Market Leaders
Yokogawa Electric Corporation
ABB Ltd
Siemens AG
Bronkhorst High-Tech BV
Honeywell International Inc.
*Disclaimer: Major Players sorted in no particular order
