Home
»
Press Room
»
Flow Meter Market Size To Reach $15.17 Billion By 2030

Flow Meter Market Size To Reach $15.17 Billion By 2030

May 2025 | Report Format: Electronic (PDF)

Flow Meter Market Growth & Trends

The global flow meter market size is estimated to reach USD 15.17 billion by 2030, registering to grow at a CAGR of 6.0% from 2025 to 2030 according to a new report by Grand View Research, Inc. The penetration of IoT has helped the evolution of smart flow rate measurement solutions, leading to an increased demand for intelligent flow meters. The adoption of flow meters is expected to increase as rapid urbanization triggers the need for better water and wastewater management.

The advancements in technology have made ultrasonic and Coriolis flow meters more reliable and accurate than their counterparts. The integration of IoT in flow rate measurement solutions has helped transform Coriolis meters into intelligent flow meters. Hence, the adoption of these meters is expected to grow significantly over the forecast period. Besides, extensive adoption of Coriolis flow meters by the oil and gas, chemical, and refinery sectors is projected to drive the growth of the overall product segment over the forecast period.

The water and wastewater segment is expected to witness robust growth over the forecast period owing to rapid urbanization in various parts of the world, particularly in Asia Pacific, South America, and Africa. These regions have aggressively started to adopt efficient solutions for the treatment, control, monitoring, and regulation of water supplies and management of wastewater, thereby driving the demand for flow rate measurement solutions and instruments.

Europe dominated the global market in 2024 as the region is home to several manufacturers and product innovators of flow rate measurement solutions and services, including flow meters. However, APAC is expected to witness the highest growth rate over the forecast period owing to the rapid urbanization underway in APAC countries, which would subsequently trigger the need for adequate power generation and efficient water and wastewater management. The market in India is likely to witness a significant boost over the forecast period on account of the growing need for expanding fuel refining capacity in the country.

With emerging economies in the Asia Pacific such as China, India, and other Southeast Asian nations witnessing rapid industrialization, regional manufacturers and providers of flow rate measurement solutions are forming collaborations and partnerships with global players to cash in on opportunities prevailing in the regional as well as global markets. Regional players are also improving their customer engagement activities and enhancing their portfolio of products and services.

Moreover, General Electric (U.S.), ABB Ltd. (Switzerland), Emerson Electric Corporation (U.S.), Yokogawa Electric Corporation (Japan), and Hitachi High-Tech Corporation (Japan) are some of the major providers and vendors of flow rate measurement solutions. Market players are constantly emphasizing product innovation and enhancing their products and solutions. With the lucrative opportunities, the oil and gas, petroleum, chemicals, and water and wastewater management sectors offer, manufacturers, focus on meeting the various requirements of these sectors in particular.

key Request a free sample copy or view report summary: Flow Meter Market Report

Flow Meter Market Report Highlights

The magnetic segment dominated the flow meter industry in 2024 with a revenue share of 27.2% and is expected to grow at a significant rate over the forecast period.
The power generation segment dominated the market in 2024.
The battery powered segment is projected to grow rapidly during the forecast period of 2025-2030.
The 4 inches segment accounted for a significant market share in 2024.
Europe accounted for the largest market share of more than 35% in 2024.