The global totalizing fluid meter and counting device market is expected to grow from $18.28 billion in 2020 to $19.17 billion in 2021 at a compound annual growth rate (CAGR) of 4.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $23.62 billion in 2025 at a CAGR of 5%.
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The totalizing fluid meter and counting device market consists of sales of totalizing fluid meters and counting device and related services such as, measuring linear, nonlinear, mass or volumetric flow rate of a liquid or a gas. Totalizing flow meter and counting devices are the instruments used to measure the volume or mass of a gas or liquid. Some examples of the totalling fluid meters and counting devices are gas consumption meters, water consumption meters, parking meters, taxi meters, and gauges for motor vehicles and equipment for collecting fare.
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The totalizing fluid meter and counting device market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the totalizing fluid meter and counting device market are Honeywell International Inc, Emerson Electric Co., General Electric, Siemens, Emerson Electric Co, ABB Group, Badger Meter Inc., Yokogawa Electric, Badger Meter.
The global totalizing fluid meter and counting device market is segmented –
1) By Type: Differential Pressure Flow Meters, Positive Displacement Flow Meters, Velocity Flow Meters, Mass Flow Meters, Open Channel Meters
2) By End-Use Industry: Water & Waste Water, Refining & Petrochemicals, Oil & Gas, Chemicals, Power Generation, Pulp & Paper, Metals & Mining
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The totalizing fluid meter and counting device market report describes and explains the global totalizing fluid meter and counting device market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The totalizing fluid meter and counting device report evaluates the market across each region and for the major economies within each region.
The countries covered in the global totalizing fluid meter and counting device market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global totalizing fluid meter and counting device market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Totalizing Fluid Meter And Counting Device Market Characteristics
- Totalizing Fluid Meter And Counting Device Market Product Analysis
- Totalizing Fluid Meter And Counting Device Market Supply Chain
- Key Mergers And Acquisitions In The Totalizing Fluid Meter And Counting Device Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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