Electromagnetic Flow Meter Market Scope and Growth 2020

In this quest, the introduction of solar-powered electromagnetic flow meters is what the entire flow meter industry is turning its ear toward. Solar-powered devices that are backed by battery transmitters are deemed to be extensively suitable for remote areas that do not have field electric supply. Solar-powered flow meters are best used for the display and output of flow measurement at these locations.

The scope of innovation of electromagnetic flow meters for wastewater treatment remains compelling. Initiatives undertaken by government agencies, scientific bodies, and industrial organizations for comprehensive and effective tools and policy mechanism lay strong foundation for sustainable programs for wastewater management woes. This widens the expanse for the requirement of electromagnetic flow meters.

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Electromagnetic Flow Meter Market – Competitive LandscapeFrom a competitive perspective, the electromagnetic flow meter market is mostly consolidated. Top five players, namely, ABB Ltd., Siemens AG, Yogokawa Electric Corp, Toshiba Corporation, and General Electric Co., hold ~60% of the overall electromagnetic flow meter market share.However, the emergence of new players is changing the competitive dynamics in this market. Innovative products offered by emerging players that supersede predecessor products in terms of technology, abrasion and corrosion resistance, and outstanding electrical insulation provide exceptionally reliable and durable flow measurement solutions.

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Akash K Joined: April 2nd, 2020