Flowmeters - Magnetic

The Magnetic Flowmeters market research study delivers current market analysis plus a five year market and technology forecast.   The report also takes a closer look at upcoming market and technology trends related to magnetic flowmeters.  It is available in multiple editions including worldwide, all regions, and most major countries.

Magnetic Flowmeters:  Water & Wastewater Industry to Lead the Way

Magnetic flowmeters come exceedingly close to being an ideal flowmeter for liquid applications and have tremendous potential to gain market share in process industries, especially the water & wastewater and chemical industries.

Whether liquids are clean, dirty, or viscous, magnetic flowmeters can measure them all, from high flow rates to a trickle, as long as the liquid is conductive.  These flowmeters are the preferred technology for many applications in the process industry and remain competitive in the general-purpose and special-construction segments. 

Magnetic flowmeters face increasing competition from ultrasonic and, to some degree, Coriolis meters.  The aggressive pricing and new low-cost versions of these other flowmeter technologies pose a formidable challenge.  Despite the competition and the fact that it is a mature technology, the market for magnetic flowmeters has seen considerable growth in the past few years, largely driven by increased demand in the water & wastewater sector. 

Industry segments such as chemical, pulp & paper, and oil & gas also play a vital role in the growth of the magnetic flowmeter market.

Suppliers are building superior features in their devices and enhancing their diagnostic capabilities. Through this report, suppliers can also learn how competitors are forming new areas of collaboration with users by leveraging emerging technologies such as industrial Internet of Things (IIoT), Ethernet, advanced networking, and industry standards.

Magnetic Flowmeters Strategic Issues

In addition to providing a five-year market forecast, the Magnetic Flowmeter Market Research Report provides detailed quantitative current market data and addresses key strategic issues as follows:

Strategic Issue for Magnetic Flowmeters Vendors: Intense Competition among Flow Technologies

While the four modern technologies are a major competition to traditional measurement technologies, these modern technologies also compete among themselves.  Each flow technology has its unique merits that make it well-suited for certain application.  However, suppliers are constantly improving the capabilities of these flowmeters and therefore expanding the range of applications as well as competition among different technologies.  Even though the water & wastewater sector is a major user of magnetic flowmeters, due to the low appreciation of economic value of water, users are tempted to use inferior technologies.

Strategic Issue for Users: Price-sensitive Market in Developing Nations

In countries such as China and India, capital funding is expensive and hence many local manufacturers, with limited financing, are highly cost-conscious.  These end users are more concerned about their ability to make an affordable upfront investment, and this often results in low-cost equipment purchases.