The North America Flow Meters Market would witness market growth of 6.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 839.0 thousand units, showcasing a growth of 6.7% (2019-2022).
Adopting flow meters is critical for various applications, including custody transfer, well monitoring, and pipeline management in the oil and gas sector. Accurate measurement of the flow of hydrocarbons is essential for financial transactions between parties. The rising complexity of extraction operations and the need for real-time data to optimize production, decrease losses, and comply with safety and environmental standards have increased the demand for this in this industry. Governments and water utilities are adopting it as part of their efforts to improve water management practices. Stricter regulations regarding water usage, leak detection, and environmental compliance have driven the widespread deployment of flow meters in water distribution networks. Flow meters are crucial in optimizing water usage, identifying inefficiencies, and ensuring compliance with environmental standards. Monitoring flow rates in real time facilitates the proactive management of water resources.
The chemical and pharmaceutical sectors have witnessed increased adoption of flow meters for precise dispensing of chemicals, monitoring reactions, and ensuring the quality of the final products. It contributes to the efficiency and reliability of manufacturing processes in these industries, where precise control of liquid and gas flows is essential for maintaining product consistency and meeting regulatory requirements. In the food and beverage industry, it is widely adopted to measure and control ingredients during production accurately. This ensures consistency in product quality and adherence to strict quality standards. It plays a crucial role in optimizing production efficiency, reducing waste, and meeting the demands of a highly regulated industry.
Smart flow meters can monitor energy consumption in Mexico in real time, contributing to optimizing energy usage. Smart flow meters often come with user-friendly interfaces, making it easier for operators in Mexico to configure settings, monitor performance, and access data. Smart flow meters can seamlessly integrate with control systems in Mexico, allowing for automated adjustments based on real-time flow data. Many smart flow meters leverage cloud-based solutions in Mexico, providing scalability and accessibility. In Mexico, this connectivity facilitates seamless communication between devices, contributing to a more intelligent and responsive industrial ecosystem. Smart flow meters often offer compatibility with mobile devices in Mexico, enabling on-the-go monitoring and control. Integration with smart features aligns flow meters with the principles of Industry 4.0 in Mexico, contributing to advanced manufacturing practices and the interconnected digitalization of industrial processes. Thus, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Flow Meters Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,800.6 million by 2030. The Canada market is experiencing a CAGR of 9.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 8.1% during (2023 - 2030).
Free Valuable Insights: The Flow Meters Market is Predict to reach USD 13.5 Billion by 2030, at a CAGR of 7.1%
Based on Application, the market is segmented into Water & Wastewater, Oil & Gas, Power Generation, Chemicals, Food & Beverages, Pulp & Paper, and Others. Based on Product Type, the market is segmented into Magnetic, Positive Displacement, Turbine, Vortex, Coriolis, Differential Pressure, Ultrasonic, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- ABB Group
- Emerson Electric Co.
- General Electric Company
- Hitachi, Ltd.
- Honeywell International, Inc.
- Siemens AG
- Yokogawa Electric Corporation
- VSE Volumentechnik GmbH
- Hontzsch GmbH & Co. KG
- Krohne Group
North America Flow Meters Market Report Segmentation
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
- Water & Wastewater
- Oil & Gas
- Power Generation
- Chemicals
- Food & Beverages
- Pulp & Paper
- Others
By Product Type (Volume, Thousand Units, USD Billion, 2019-2030)
- Magnetic
- Positive Displacement
- Turbine
- Vortex
- Coriolis
- Differential Pressure
- Ultrasonic
- Others
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Flow Meters Market, 2019 - 2022, USD Million
TABLE 2 North America Flow Meters Market, 2023 - 2030, USD Million
TABLE 3 North America Flow Meters Market, 2019 - 2022, Thousand Units
TABLE 4 North America Flow Meters Market, 2023 - 2030, Thousand Units
TABLE 5 North America Flow Meters Market by Application, 2019 - 2022, USD Million
TABLE 6 North America Flow Meters Market by Application, 2023 - 2030, USD Million
TABLE 7 North America Flow Meters Market by Application, 2019 - 2022, Thousand Units
TABLE 8 North America Flow Meters Market by Application, 2023 - 2030, Thousand Units
TABLE 9 North America Water & Wastewater Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Water & Wastewater Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Water & Wastewater Market by Country, 2019 - 2022, Thousand Units
TABLE 12 North America Water & Wastewater Market by Country, 2023 - 2030, Thousand Units
TABLE 13 North America Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Oil & Gas Market by Country, 2019 - 2022, Thousand Units
TABLE 16 North America Oil & Gas Market by Country, 2023 - 2030, Thousand Units
TABLE 17 North America Power Generation Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Power Generation Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Power Generation Market by Country, 2019 - 2022, Thousand Units
TABLE 20 North America Power Generation Market by Country, 2023 - 2030, Thousand Units
TABLE 21 North America Chemicals Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Chemicals Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Chemicals Market by Country, 2019 - 2022, Thousand Units
TABLE 24 North America Chemicals Market by Country, 2023 - 2030, Thousand Units
TABLE 25 North America Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Food & Beverages Market by Country, 2019 - 2022, Thousand Units
TABLE 28 North America Food & Beverages Market by Country, 2023 - 2030, Thousand Units
TABLE 29 North America Pulp & Paper Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Pulp & Paper Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Pulp & Paper Market by Country, 2019 - 2022, Thousand Units
TABLE 32 North America Pulp & Paper Market by Country, 2023 - 2030, Thousand Units
TABLE 33 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Others Market by Country, 2019 - 2022, Thousand Units
TABLE 36 North America Others Market by Country, 2023 - 2030, Thousand Units
TABLE 37 North America Flow Meters Market by Product Type, 2019 - 2022, USD Million
TABLE 38 North America Flow Meters Market by Product Type, 2023 - 2030, USD Million
TABLE 39 North America Flow Meters Market by Product Type, 2019 - 2022, Thousand Units
TABLE 40 North America Flow Meters Market by Product Type, 2023 - 2030, Thousand Units
TABLE 41 North America Magnetic Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Magnetic Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Magnetic Market by Country, 2019 - 2022, Thousand Units
TABLE 44 North America Magnetic Market by Country, 2023 - 2030, Thousand Units
TABLE 45 North America Positive Displacement Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Positive Displacement Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Positive Displacement Market by Country, 2019 - 2022, Thousand Units
TABLE 48 North America Positive Displacement Market by Country, 2023 - 2030, Thousand Units
TABLE 49 North America Turbine Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Turbine Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Turbine Market by Country, 2019 - 2022, Thousand Units
TABLE 52 North America Turbine Market by Country, 2023 - 2030, Thousand Units
TABLE 53 North America Vortex Market by Country, 2019 - 2022, USD Million
TABLE 54 North America Vortex Market by Country, 2023 - 2030, USD Million
TABLE 55 North America Vortex Market by Country, 2019 - 2022, Thousand Units
TABLE 56 North America Vortex Market by Country, 2023 - 2030, Thousand Units
TABLE 57 North America Coriolis Market by Country, 2019 - 2022, USD Million
TABLE 58 North America Coriolis Market by Country, 2023 - 2030, USD Million
TABLE 59 North America Coriolis Market by Country, 2019 - 2022, Thousand Units
TABLE 60 North America Coriolis Market by Country, 2023 - 2030, Thousand Units
TABLE 61 North America Differential Pressure Market by Country, 2019 - 2022, USD Million
TABLE 62 North America Differential Pressure Market by Country, 2023 - 2030, USD Million
TABLE 63 North America Differential Pressure Market by Country, 2019 - 2022, Thousand Units
TABLE 64 North America Differential Pressure Market by Country, 2023 - 2030, Thousand Units
TABLE 65 North America Ultrasonic Market by Country, 2019 - 2022, USD Million
TABLE 66 North America Ultrasonic Market by Country, 2023 - 2030, USD Million
TABLE 67 North America Ultrasonic Market by Country, 2019 - 2022, Thousand Units
TABLE 68 North America Ultrasonic Market by Country, 2023 - 2030, Thousand Units
TABLE 69 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 70 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 71 North America Others Market by Country, 2019 - 2022, Thousand Units
TABLE 72 North America Others Market by Country, 2023 - 2030, Thousand Units
TABLE 73 North America Flow Meters Market by Country, 2019 - 2022, USD Million
TABLE 74 North America Flow Meters Market by Country, 2023 - 2030, USD Million
TABLE 75 North America Flow Meters Market by Country, 2019 - 2022, Thousand Units
TABLE 76 North America Flow Meters Market by Country, 2023 - 2030, Thousand Units
TABLE 77 US Flow Meters Market, 2019 - 2022, USD Million
TABLE 78 US Flow Meters Market, 2023 - 2030, USD Million
TABLE 79 US Flow Meters Market, 2019 - 2022, Thousand Units
TABLE 80 US Flow Meters Market, 2023 - 2030, Thousand Units
TABLE 81 US Flow Meters Market by Application, 2019 - 2022, USD Million
TABLE 82 US Flow Meters Market by Application, 2023 - 2030, USD Million
TABLE 83 US Flow Meters Market by Application, 2019 - 2022, Thousand Units
TABLE 84 US Flow Meters Market by Application, 2023 - 2030, Thousand Units
TABLE 85 US Flow Meters Market by Product Type, 2019 - 2022, USD Million
TABLE 86 US Flow Meters Market by Product Type, 2023 - 2030, USD Million
TABLE 87 US Flow Meters Market by Product Type, 2019 - 2022, Thousand Units
TABLE 88 US Flow Meters Market by Product Type, 2023 - 2030, Thousand Units
TABLE 89 Canada Flow Meters Market, 2019 - 2022, USD Million
TABLE 90 Canada Flow Meters Market, 2023 - 2030, USD Million
TABLE 91 Canada Flow Meters Market, 2019 - 2022, Thousand Units
TABLE 92 Canada Flow Meters Market, 2023 - 2030, Thousand Units
TABLE 93 Canada Flow Meters Market by Application, 2019 - 2022, USD Million
TABLE 94 Canada Flow Meters Market by Application, 2023 - 2030, USD Million
TABLE 95 Canada Flow Meters Market by Application, 2019 - 2022, Thousand Units
TABLE 96 Canada Flow Meters Market by Application, 2023 - 2030, Thousand Units
TABLE 97 Canada Flow Meters Market by Product Type, 2019 - 2022, USD Million
TABLE 98 Canada Flow Meters Market by Product Type, 2023 - 2030, USD Million
TABLE 99 Canada Flow Meters Market by Product Type, 2019 - 2022, Thousand Units
TABLE 100 Canada Flow Meters Market by Product Type, 2023 - 2030, Thousand Units
TABLE 101 Mexico Flow Meters Market, 2019 - 2022, USD Million
TABLE 102 Mexico Flow Meters Market, 2023 - 2030, USD Million
TABLE 103 Mexico Flow Meters Market, 2019 - 2022, Thousand Units
TABLE 104 Mexico Flow Meters Market, 2023 - 2030, Thousand Units
TABLE 105 Mexico Flow Meters Market by Application, 2019 - 2022, USD Million
TABLE 106 Mexico Flow Meters Market by Application, 2023 - 2030, USD Million
TABLE 107 Mexico Flow Meters Market by Application, 2019 - 2022, Thousand Units
TABLE 108 Mexico Flow Meters Market by Application, 2023 - 2030, Thousand Units
TABLE 109 Mexico Flow Meters Market by Product Type, 2019 - 2022, USD Million
TABLE 110 Mexico Flow Meters Market by Product Type, 2023 - 2030, USD Million
TABLE 111 Mexico Flow Meters Market by Product Type, 2019 - 2022, Thousand Units
TABLE 112 Mexico Flow Meters Market by Product Type, 2023 - 2030, Thousand Units
TABLE 113 Rest of North America Flow Meters Market, 2019 - 2022, USD Million
TABLE 114 Rest of North America Flow Meters Market, 2023 - 2030, USD Million
TABLE 115 Rest of North America Flow Meters Market, 2019 - 2022, Thousand Units
TABLE 116 Rest of North America Flow Meters Market, 2023 - 2030, Thousand Units
TABLE 117 Rest of North America Flow Meters Market by Application, 2019 - 2022, USD Million
TABLE 118 Rest of North America Flow Meters Market by Application, 2023 - 2030, USD Million
TABLE 119 Rest of North America Flow Meters Market by Application, 2019 - 2022, Thousand Units
TABLE 120 Rest of North America Flow Meters Market by Application, 2023 - 2030, Thousand Units
TABLE 121 Rest of North America Flow Meters Market by Product Type, 2019 - 2022, USD Million
TABLE 122 Rest of North America Flow Meters Market by Product Type, 2023 - 2030, USD Million
TABLE 123 Rest of North America Flow Meters Market by Product Type, 2019 - 2022, Thousand Units
TABLE 124 Rest of North America Flow Meters Market by Product Type, 2023 - 2030, Thousand Units
TABLE 125 Key Information – ABB Group
TABLE 126 Key Information – Emerson Electric Co.
TABLE 127 Key Information – General Electric Company
TABLE 128 Key Information – hitachi ltd.
TABLE 129 Key Information – Honeywell International, Inc.
TABLE 130 Key Information – Siemens AG
TABLE 131 Key Information – Yokogawa Electric Corporation
TABLE 132 Key Information – VSE Volumentechnik GmbH
FIG 1 Methodology for the research
TABLE 133 Key Information – Hontzsch GmbH & Co. KG
TABLE 134 Key Information – Krohne Group
List of Figures
FIG 2 North America Flow Meters Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Flow Meters Market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis – Flow Meters Market
FIG 6 North America Flow Meters Market share by Application, 2022
FIG 7 North America Flow Meters Market share by Application, 2030
FIG 8 North America Flow Meters Market by Application, 2019 - 2030, USD Million
FIG 9 North America Flow Meters Market share by Product Type, 2022
FIG 10 North America Flow Meters Market share by Product Type, 2030
FIG 11 North America Flow Meters Market by Product Type, 2019 - 2030, USD Million
FIG 12 North America Flow Meters Market share by Country, 2022
FIG 13 North America Flow Meters Market share by Country, 2030
FIG 14 North America Flow Meters Market by Country, 2019 - 2030, USD Million
FIG 15 Recent strategies and developments: ABB Group
FIG 16 SWOT Analysis: ABB Group
FIG 17 Swot Analysis: EMERSON ELECTRIC CO.
FIG 18 SWOT Analysis: General electric (GE) Co.
FIG 19 Swot Analysis: Hitachi, Ltd.
FIG 20 SWOT Analysis: Honeywell international, inc.
FIG 21 SWOT Analysis: Siemens AG
FIG 22 SWOT Analysis: Yokogawa Electric Corporation
FIG 23 SWOT Analysis: VSE Volumentechnik GmbH
FIG 24 SWOT Analysis: Hontzsch GmbH & Co. KG
FIG 25 SWOT Analysis: Krohne Group