Market Overview

Global Magnetic Fluid Flow Meters Market is expected to register USD 2.5 billion by 2022, and is projected to reach USD 3.55 Billion by 2030 growing at a CAGR of 4.5% during the forecast period 2022 to 2030.

Magnetic flow meters are used a lot in many end-use industries, such as paper and pulp, chemicals, power, wastewater treatment, metals, and mining. Demand for magnetic fluid flow meters keeps growing at a steady rate as market players in the current magnetic flow meter market focus more on volume flow and less on conductivity. During the next few years, research and development are likely to be a big part of the growth of the global market for magnetic fluid flow meters. Low-flow meter, in-line, and insertion types are the most popular types of installation.

Even though magnetic fluid flow meters were originally made to measure volumetric flow, they are now being used more and more to measure mass flow rate. This is another reason why the global market for magnetic fluid flow meters is predicted to grow over the next few years. During the assessment period, the growing need to measure slurry flow in the mining sector is one of the main things that is expected to drive the growth of the magnetic fluid flow meters market as a whole. More and more companies are spending money on research in the market for magnetic fluid flow meters. This means that magnetic fluid flow meters are being used in more and more businesses.

Market Dynamics

Trend: Improvements in water and sewage cleaning plants technology 

Magnetic flow meters can be used in many different fields, such as water and wastewater treatment, the chemical business, farming, and more. It's possible that water and waste water treatment will continue to use the most magnetic flow meters in the near future. As water and sewage treatment plants get better at using technology, electromagnetic flow meters are also being used more often. So, electromagnetic flow meters are now an important part of how wastewater treatment plants run their processes. Electromagnetic flow meters are also used in the chemical, pharmaceutical, pulp and paper, food and beverage, and other industries to control how things work. 

Improvements in the way electromagnetic flow meters get their power

The creation of new energy sources for electromagnetic flow meters is another important factor in the market's growth. At the moment, electromagnetic flow meters are powered or linked the same way as other devices. With the rise of green energy sources and the improvement of batteries, electromagnetic flow meters that run on batteries are becoming more and more popular in most industrial settings. People have a lot of options in the market for electromagnetic flow meters because they can be used in different ways and get different results. The type of fluid being tested, whether the liquid is acidic or not, and whether the liquid is clean or dirty all affect these differences.

Driver: A design that doesn't require maintenance will last longer

Magnetic flow measuring devices can measure flow in a wide range of process settings with high accuracy and at a low cost. There are no moving parts in these fluid flow meters. The fact that these magmeters (magnetic flow meters) have fixed parts makes them more reliable, and the data they give are always the same. 

Since magnetic flow meters don't have any moving parts, the gauges aren't submerged in the liquid, so there's no need to worry about wear and tear. Because of this, these devices are reliable, easy to use, and need little maintenance. 

For example, ABB (U.S.) makes a magnetic flow meter for the oil and gas business. Its sensor lining is made of materials that last a long time. It makes sure that sensors last longer and costs less to maintain. During the time frame of the forecast, this driver is likely to have a big effect on the global magnetic flow meter market.

Inviting together new technologies

In the past few years, magnetic flow meters have gotten better in many ways, like being able to join wirelessly and work with smart devices. Even though there are some problems with non-conductive fluids, electromagnetic induction technology works well for measuring the flow of liquids. Once the magnetic flow meter has been set with water, it can be used to measure other types of fluids that conduct electricity without any further adjustments.

Some makers have already put new, more advanced technologies into flow meters to make measuring the flow rate easier and more accurate. Some of the products given are battery-powered and can show flow rates both locally and remotely. This is useful in places where equipment is exposed to different environmental conditions.

 Growth factors

It's important to know that magnetic flow meters usually don't work with hydrocarbons, distilled water, and a lot of other liquids that don't contain water. Magnetic flow meters can't be used to measure the flow of liquid that can be squeezed, like gasses.

The temperature of the fluid and the working pressure can also change the results of a magmeter. If the same tool is used to measure the flow of liquid with different pressures and temperatures, the results will be different.

Magnetic flow meters are used a lot in many different industries, such as the paper and pulp, chemical, power, sewer treatment, metal and mining, and water treatment industries. Demand for magnetic flow meters keeps growing at a steady rate. This is because market players in the current magnetic flow meter market are putting more emphasis on mass flow and reducing conductivity. During the next few years, research and development are likely to be a big part of the growth of the global magnetic flow meter market. The low flow meter, the in-line type, and the insertion type are some of the most popular types of installation.

Major Market Segments Covered 

On the basis of  Type

AC (Alternating Current)

Alternating current is a type of electric current that changes direction and strength all the time. This is different from direct current, which only flows in one way. Alternating current (AC) is a flow of electricity that changes direction from time to time.

DC (Direct Current)

The flow of electric charge in direct current (DC) only goes in one way. It is the steady state of a circuit where the voltage stays the same. Most well-known uses, on the other hand, use a voltage source that changes over time. 

On the basis of Application

Chemical & Agricultural

manufacturers used more and more in the oil and gas business and to clean water and wastewater.

Pharmaceutical

Due to the fact that there are a lot of chemical industries in developing areas, pharmaceutical industries are likely to become important application segments. 

Food & Beverage

Water and wastewater, chemicals, pulp and paper, and food and beverages are the areas where magnetic flowmeters are growing the most.

Pulp & Paper

The making of wood pulp and paper is a complicated process that requires measuring air, specific gasses, and liquids. There are many uses in the pulp and paper business, such as chemical dosing, bleaching, coloring, and processing black liquor. harsh settings or with aggressive and abrasive materials, like those found in pulp and paper uses.

Municipal

Magnetic and mechanical flow meters in municipal water systems give utility workers and local government officials important information they need to control water quality and save water resources.

Mining

The sensor for the magnetic flow meter is put in the pipe and records the voltage caused by the fluid as it moves through the pipe. The voltage made by the sensor is sent to the emitter, which turns it into a flow measurement and sends that measurement to a control system.

Regional insights

Geographically, the Magnetic Fluid Flow Meters market has been analyzed in various regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA).

Between 2022 and 2030, the most attractive market for Magnetic Fluid Flow Meters is likely to be Asia-Pacific (except for Japan). Demand for paper is rising quickly because people are becoming more worried about plastic packaging and more likely to buy paper-based goods and packaging. Because of this, the biggest players in the business are focusing on increasing how much paper they can make. During the next few years, North America is likely to have a big share of the global magnetic flow meter market. Fluid flow measurement devices are being used more and more in water and sewage treatment, gardening, food and beverage, and other industries, which is driving up the demand for them quickly. Because of this, big companies are working on putting out new products to take advantage of opportunities.

Scope Of Report

Key Vendors

• ABB
• Emerson
• Siemens
• OMEGA Engineering
• Yokogawa
• KROHNE Group
• Tokyo Keiso
• Honeywell
• Analog Device
• ONICON Incorporated
• Badger Meter, Inc. 
• McCrometer, Inc., and others.

• ABB

ABB is a leader in technologies for electricity and robotics, which help make the future more sustainable and efficient with resources. The company's solutions mix technical know-how with software to make it easier to make, move, power, and use things. Building on more than 130 years of success, ABB's 105,000 workers work hard to come up with new ideas that help the industrial sector change more quickly.

• Emerson

Emerson cares a lot about what they do there. Emerson keeps coming up with new ways to help customers in the industrial, business, and residential markets solve some of the world's most complex problems by combining decades of technology and engineering experience. To help their customers all over the world, they hire the best people and use the best tools.

 Automation Solutions is the leader in helping process and discrete producers automate and improve their production processes by using the best technologies and industry knowledge. Commercial & Residential Solutions makes technologies and services that make people more comfortable, keep food safe, protect the environment, make it easier to get rid of food waste in a sustainable way, and help build and manage buildings and public infrastructure in a more efficient way.

• Siemens

Siemens is a company that makes technology for industry, infrastructure, transportation, and healthcare. From factories that use less energy and materials, to supply chains that are more reliable, to smarter buildings and grids, as well as cleaner and more comfortable transportation and better health care, the company makes technology that has a purpose and gives customers real value. By bringing together the real and digital worlds, Siemens gives its customers the power to change their industries and markets, which in turn helps them change the way billions of people live their everyday lives. Siemens also owns the majority of Siemens Healthineers, a publicly traded company that is a world leader in medical technology and is shaping the future of healthcare. 

• OMEGA Engineering

Omega sells more than 165,000 items that are used to measure pressure, flow, level, and temperature. There are thermocouple probes and assemblies, pressure gauges and switches, and air velocity measurement systems among the things that are sold. Omega also makes electric heaters and devices that log and record data. In 1962, the company was started. 

• Yokogawa

Yokogawa has been around since 1915 and does a lot of different things in the areas of measurement, control, and information. 

The industrial automation business offers important products, services, and solutions to a wide range of process industries, such as oil, chemicals, natural gas, power, iron and steel, pulp and paper, and more. With its life innovation business, the company wants to make the pharmaceutical and food value chains much more productive. The test and measurement, aviation, and other businesses continue to make and sell essential tools and instruments that are the most accurate and reliable in their fields. 

• KROHNE Group

KROHNE is a world-leading manufacturer and supplier of solutions in industrial process instrumentation and offers supporting products and services for one-stop-shopping and in industries as widespread as oil & gas, water & wastewater, chemical & petrochemical, food & beverage, power, minerals & mining and marine.

KROHNE has all the process measurement instruments clients could need. They can measure flow, level, temperature, and pressure, and they can also do process analytics. 

Industrial development

Emerson and AspenTech announced in 2019 that they would work together to offer asset optimization software solutions, global automation technologies, and operational planning services. Together, the two leaders in their fields will help customers improve output and drive operational excellence.

Emerson Industrial Automation & Controls (formerly GE Intelligent Platforms) and Rawson/Industrial Controls, which is part of ERIKS, have signed a deal to make Rawson/Industrial Controls an official channel partner in Arkansas, Louisiana, and Texas. The people found out about this deal in November 2020. With this news, their 30-year relationship in seven northeastern states will get stronger.

In January 2021, Badger Meter, Inc. made a deal to buy Analytical Technology, Inc., a privately held company that makes tools for checking the quality of water. The business began in 1992, and its main office is in Pennsylvania, US. Its main job is to develop, make, and sell instruments that use electrochemical and optical sensors to measure the quality of water. This can help Badger Meter, Inc. make better goods for the water and wastewater industries.

In September 2019, Krohne Messtechnik GmbH teamed up with Samson AG, a business that makes, develops, and sells autonomous actuators for the process industry 4.0.

Market Segmentation 

The Magnetic Fluid Flow Meters Market study report is broken down by type, applications, and region.

On the basis of  Type

• AC (Alternating Current)
• DC (Direct Current)

On the basis of Application

• Chemical & Agricultural
• Pharmaceutical
• Food & Beverage
• Pulp & Paper
• Municipal
• Mining

Global Magnetic Fluid Flow Meters Market Regional insights

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Conclusion

This study looks at and studies the market for magnetic flow meters. It also looks at current trends and makes guesses about what will happen in the future. gives a thorough analysis based on how much competition there is and how it will change in the next few years. This study looks at and studies the market for magnetic flow meters. It also looks at current trends and makes guesses about what will happen in the future. Mechanical flow measuring equipment is hard to keep up, isn't very exact, and needs to be calibrated often for different types of liquids. Mechanical devices that measure flow can get around these problems with the help of magnetic flowmeters. Because they don't have any working parts, magnetic flowmeters can measure thick sludge and fluids. Magnetic flowmeters also have covers that won't wear down or rust. Because of this, they are very good at measuring fluids that are toxic, slurry, and most fluids that are acidic or basic. Also, magnetic flowmeters are easy to set up and can measure correctly how liquids behave. Because they are so accurate, magnetic flowmeters are getting more and more used in the process business. Over the next few years, this will help the magnetic flowmeters business.