New ARC Advisory Group research on the global flowmeters market reveals that technological improvements are expected to drive growth in this market in the coming years. These include new, more energy-efficient devices; better communication protocols; integration of 3D printing for manufacturing; and Industrial IoT. At the same time, increasing water scarcity and the associated need for new water and wastewater treatment plants will further drive market growth. The large number of water desalination plants being built across the world, especially in the Middle East, will further increase the demand for flowmeters.
“Water utilities are being challenged to operate more efficiently, lower operating costs, and enhance customer satisfaction. Water scarcity has become a universal issue and reducing water usage has reached critical mass at utilities worldwide. This is particularly true in arid regions that rely on costly desalinated water as their primary source of potable water. Flowmeters represent key instrumentation, without which it would be extremely challenging for water utilities to monitor, control, and manage their plants and distribution infrastructure,” according to Arun Mohan, Analyst at ARC Advisory Group and key author of ARC’s Flowmeters Global Market Research report.
About the Flowmeters Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the flowmeters market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by region, industry, flowmeter type, measured medium, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes two years of history in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.