Totalizing Fluid Meter And Counting Device Global Market Report 2023 – By Type (Differential Pressure Flow Meters, Positive Displacement Flow Meters, Velocity Flow Meters, Mass Flow Meters, Open Channel Meters), By Application (On Shore and Off Shore), By End Use Industry (Water & Waste Water, Refining & Petrochemicals, Oil & Gas, Chemicals, Power Generation, Pulp & Paper, Metals & Mining) – Market Size, Trends, And Global Forecast 2023-2032

Pulse Oximeters And Spirometers Market Definition

The pulse oximeters and spirometers market consists of sales of pulse oximeters and spirometers that are used as respiratory care devices, and to check on general health, in the healthcare industry. The market includes the sales of handheld, tabletop or fingertip pulse oximeters that are used to monitor the oxygen saturation levels of the blood and pulse rate, as well as handheld, desktop or tabletop spirometers that are used to measure the air capacity of lungs. Pulse oximeters and spirometers companies are primarily engaged in the manufacturing and developing of these devices used to monitor the respiration-related parameters that aid in the detection of respiratory disorders.

The navigational, measuring, electro-medical, and control instrument helps to navigate, assess, monitor, and regulate the efficiencies of electrical inputs, and outputs in real time. The main types of navigational, measuring, electromedical, and control instruments are search, detection, and navigation instruments, automatic environmental control, industrial process variable instruments, totalizing fluid meter and counting device, electricity, and signal testing instruments, analytical laboratory instrument, watch, clock, measuring device and magnetic and optical media. Industrial process variable instruments are used to measure and control process variables within a production or manufacturing area. Level, pressure, temperature, humidity, flow, pH, force, speed, and other process variables are used in industries. The instruments are sold through OEM, and aftermarket sales channels and are used for medical, electronic, oil & gas, consumer goods, chemicals, and other applications. The global navigational, measuring, electro medical and control instruments market is segmented - 1) By Type: Search, Detection, And Navigation Instruments, Automatic Environmental Control, Industrial Process Variable Instruments, Totalizing Fluid Meter And Counting Device, Electricity And Signal Testing Instruments, Analytical Laboratory Instrument, Watch, Clock, Measuring Device, Magnetic And Optical Media 2) By Application: Medical, Electronic, Oil & Gas, Consumer Goods, Chemicals, Other Applications 3) By Sales Channel: OEM, Aftermarket The global navigational, measuring, electro medical and control instruments market size grew from $643.2 billion in 2022 to $700.18 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The navigational, measuring, electro medical and control instruments market is expected to grow to $956.74 billion in 2027 at a CAGR of 8.1%. The rapid pace of innovations in electronics technology is stimulating consistent demand for newer and faster products and applications. Technological development is a key to attracting both consumers and business users for either replacing or upgrading the older products with advanced versions. Digital technologies such as the internet of things (IoT) and the latest communication technologies such as 5G are expected to aid in the development of innovative electronic products. This is expected to increase the demand for electronic products such as navigational, measuring, electromedical, and control instruments which will ultimately drive the navigational, measuring, electro medical and control instruments market growth during the forecast period. Major companies in the navigational, measuring, electro medical and control instruments market include Thermo Fisher Scientific, Siemens AG, Apple, Honeywell International Inc., Schneider Electric SE, Compagnie Financiere Richemont SA, Agilent Technologies, Inc., Hexagon AB, Emerson Electric Co, the swatch group. Rising sustainability issues and stringent new regulation standards are compelling navigational, measuring, electromedical, and control instruments manufacturers to review the entire environmental impact of their products, from the use of harmful chemicals in manufacturing, energy consumption during consumer use to waste disposal at the end of the product's life. These rising new regulation standards are likely to be a major hindrance to navigational, measuring, electro medical and control instruments industry, especially for multinational organizations that have to keep up with different regulatory standards across different regions. New advancements in smartwatches using AI are one of the latest trends in the navigational, measuring, electro medical and control instruments market. Smartwatches equipped with additional features such as AI are gaining popularity among watch users. An AI-enabled smartwatch is a wearable device that offers various features to its users such as calculations, translations, messaging, and health tracking, and is directly connected to the internet. The AI-enabled smartwatch uses sensors to detect the electrical signals given by the wearer's heart and can monitor blood pressure, can analyse the glucose levels of a patient. For instance, in 2020, PKvitality, a French-based producer of bio-wearable, partnered with Beurer GmBH, a Germany-based medical product, and Well-being Company, to develop painless and discreet continuous glucose monitoring (CGM) device in the form of a smartwatch to monitor glucose levels. Asia-Pacific was the largest region in the global navigational, measuring, electro medical and control instruments market in 2022. North America was the second largest region in the navigational, measuring, electro medical and control instruments market. The regions covered in the navigational, measuring, electro medical and control instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the navigational, measuring, electro medical and control instruments market report 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 and Vietnam. The navigational, measuring, electro medical and control instruments market consists of sales of compasses, aeronautical and space navigation instruments, nautical navigation instruments, radio navigational aid apparatus, airflow controllers, air conditioning and refrigeration, heating and cooling system controls, heating regulators, boiler controls, buoyancy instruments, chromatographs, combustion control instruments, gas consumption meters, water consumption meters, parking meters, taxi meters, gauges for motor vehicles and equipment for collecting fare, circuit and continuity testers, volt meters, ohm meters, watt meters, multimeters, semiconductor test equipment, element analysis, separation analysis, molecular analysis, alarm clocks, clock materials and parts, time clocks, wall clocks, electrodes, level and bulk measuring instruments, nanofluidic measurement and control devices, orifice plates, blank audio tapes, blank video tapes, blank diskettes, mass duplicating (i.e., making copies) audio, video, software, and other navigational, measuring, electro medical and control instruments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The navigational, measuring, electro medical and control instruments market research report is one of a series of new reports from The Business Research Company that provides navigational, measuring, electro medical and control instruments market statistics, including navigational, measuring, electro medical and control instruments industry global market size, regional shares, competitors with a navigational, measuring, electro medical and control instruments market share, detailed navigational, measuring, electro medical and control instruments market segments, market trends and opportunities, and any further data you may need to thrive in the navigational, measuring, electro medical and control instruments industry. This navigational, measuring, electro medical and control instruments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Remote patient monitoring devices and equipment allow a patient to use a mobile medical device for a routine test and send the test data to a healthcare expert in real-time. The main type of device of remote patient monitoring devices and equipment market are heart monitors, breath monitors, hematology monitors, and multi-parameter monitors. A heart monitor is a device that records the electrical activity of the heart. This device is the size of a pager. The various applications involved are cancer treatment, cardiovascular diseases, diabetes treatment, sleep disorders, weight monitoring, fitness monitoring, and other applications. The various end-users involved are home care settings, clinics, and hospitals. The global remote patient monitoring devices and equipment market is segmented - 1) By Type Of Device: Heart Monitors, Breath Monitors, Haematology Monitors, Multi - Parameter Monitors 2) By End User: Home Care Settings, Clinics, Hospitals 3) By Application: Cancer Treatment, Cardiovascular Diseases, Diabetes Treatment, Sleep Disorder, Weight Monitoring And Fitness Monitoring, Other Applications The global remote patient monitoring devices and equipment market size will grow from $1.18 billion in 2022 to $1.34 billion in 2023 at a compound annual growth rate (CAGR) of 13.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global remote patient monitoring devices and equipment market is expected to grow to $2.14 billion in 2027 at a CAGR of 12.5%. The upcoming shortage of skilled healthcare professionals (doctors and nurses), drives the remote patient monitoring devices and equipment market. As the number of patients with chronic diseases is increasing, it is getting difficult to monitor the patients due to operational time and cost-related issues. The rising number of patients with chronic diseases, increasing the need for monitoring, and projected shortfall in the number of nurses shortly increase the growth of remote patient monitoring devices and equipment. According to a report by Mercer, the US requires 2.3 million new health care workers by 2025; this includes nurses, physicians, lab technicians, and various other healthcare personnel. According to the Bureau of Labor Statistics, there is an additional need for 203,700 new registered nurses every year by 2026. However, only 438,100 nurses are expected to be added to 2026, which is way less than the demand. World Health Organization (WHO) projected that by 2030, low- and middle-income countries will have a deficit of 14.5 million healthcare professionals. Major players in the remote patient monitoring devices and equipment market are Philips Healthcare, Honeywell, GE Healthcare, Medtronic, Boston Scientific, Johnson & Johnson, Biotronik, Robert Bosch, COVIDien PLC., and St. Jude Medical. The remote patient monitoring devices and equipment market is limited, as healthcare professionals are averse to adopting new technologies. Technologically advanced remote patient monitoring devices and equipment are adopted to reduce patients’ expenditure on hospitalization in terms of follow-up care. The rise of such adoption results in a reduction of hospital revenues. Therefore, hospitals and healthcare professionals resisted the adoption of remote patient monitoring systems and are limiting the market. For instance, a case study in the UK states, organizational barriers at various levels, technical, social, ethical, financial, and legal factors are restraining to investment, implementation action, and use of advanced patient monitoring systems. Remote patient monitoring device manufacturers are increasingly integrating IoT and wireless technology with remote patient monitoring devices to efficiently diagnose and treat medical conditions. Wireless sensor technology such as biosensor monitoring devices is multi-sensor systems implanted or embedded into the skin, consisting of a sensor that transmits data for real-time monitoring of a patient’s medical condition. IoT technology enables healthcare service providers to remotely monitor patients’ health parameters. These devices are miniaturized multi-sensing devices, aiding healthcare professionals to monitor blood pressure, blood glucose levels, and physiological parameters, and recommend the appropriate treatment. Major companies offering IoT and wireless sensor technology integrated patient monitoring devices include Xsensio, InSilixa, 1Drop Diagnostics, Kenzen. The remote patient monitoring device and equipment manufacturers must comply with the rules and regulations of the Health Insurance Portability and Accountability Act (HIPAA). These HIPAA regulations secure definitions of the network, take physical security, and process security measures regarding the Protected Health Information (PHI). Title II of HIPPA directs the Health and Human Services (HHS) of the U.S Department to manifest national standards for the exchange of electronic healthcare data and information. Health and Human Services (HHS). The Office for Civil Rights (OCR) issued guidance clarifying that cloud service providers and other business associates of healthcare organizations are covered by the HIPAA privacy, security, and breach notification rules for safe and secure electronic data interchange. In October 2021, Carbon Health, a US-based telemedicine company, acquired Alertive Healthcare for an undisclosed amount. The acquisition would accelerate Carbon Health’s omnichannel care delivery strategy and extend its portfolio in home-based care and remote patient care. Alertive Healthcare is a UK-based remote patient monitoring company. Asia-Pacific was the largest region in the global remote patient monitoring devices and equipment market in 2022. North America was the second-largest region in the remote patient monitoring devices and equipment market report. The regions covered in the remote patient monitoring devices and equipment analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the remote patient monitoring devices and equipment market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The remote patient monitoring devices and equipment market consists of sales of instruments such as heart monitors, breath monitors, and multi-parameter monitors. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The remote patient monitoring devices and equipment market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The remote patient monitoring devices and equipment market research report is one of a series of new reports from The Business Research Company that provides remote patient monitoring devices and equipment market statistics, including remote patient monitoring devices and equipment industry global market size, regional shares, competitors with a remote patient monitoring devices and equipment market share, detailed remote patient monitoring devices and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the remote patient monitoring devices and equipment industry. This remote patient monitoring devices and equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The internet of things, or IoT, is a collection of interconnected smart devices, mechanical and digital machines, objects, animals, or people supplied with unique identifiers (UIDs) and the ability to transmit data across a network without needing human-to-human or human-to-computer interaction. IoT sensors are used in healthcare, automotive, transportation, manufacturing, and other industrial sectors. The main type of IOT sensors are temperature sensors, pressure sensors, humidity sensors, flow sensors, accelerometers, magnetometers, gyroscopes, inertial sensors, image sensors and others. Temperature sensors help in monitoring the temperature of a ship to log it automatically. The IOT sensors are applied across various areas such as building automation, industrial application, automotive application, healthcare application, retailing & logistics application, security application, agriculture application, other applications and used in healthcare, automotive and transportation, manufacturing/ industrial, others. The global IoT sensors market is segmented - 1) By Product Type: Temperature sensors, Pressure sensors, Humidity sensors, Flow sensors, Accelerometers, Magnetometers, Gyroscopes, Inertial sensors, Image sensors, Other Product Types 2) By Application: Building Automation, Industrial Application, Automotive Application, Healthcare Application, Retailing & Logistics Application, Security Application, Agriculture Application, Other Applications 3) By End-user Industry: Healthcare, Automotive and Transportation, Manufacturing / Industrial, Other End-Users The global IoT sensors market will grow from $6.2 billion in 2022 to $6.64 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size in global IoT sensors market is expected to grow to $8.67 billion in 2027 at a compound annual growth rate (CAGR) of 6.9%. The application of IoT in automotive and transport sectors is a key factor driving the growth of the IoT sensors market. The introduction of IoT in the automotive industry has opened up new opportunities for carmakers and consumers worldwide. With industrial and commercial use, IoT has become a popular hotspot for varied multifunctional applications in the automotive sector. IoT offers enhanced communication, control, and data delivery at any transportation point. For instance, the companies like Mercedes-Benz, Volkswagen, Volvo, Toyota and Google Inc. are increasingly investing in developing smart cars with rich features that offer healthier, more convenient and more enjoyable driving experiences. The driverless vehicles are likely to dominate the industry by 2030 according to NASDAQ estimates. Therefore, the application of IoT in automotive and transport industries is expected to drive the growth of the IoT sensors market. Major players in the IoT sensors market are Texas Instruments, TE Connectivity, NXP Semiconductors, STMicroelectronics, TDK Corporation, Infineon Technologies, Omron, Honeywell, Sensata Technologies, and Broadcom. The data security concerns are a key factor hampering the growth of the IoT sensors market. The rate of data intrusions is also increasingly growing with the rising technology. IoT systems are being newly built, and safety requirements are lacking, this serves as a major obstacle to the growth of the market for IoT sensors, since enterprise data protection is of great importance when designing analytical solutions for many vertical applications. For instance, a group of researchers from Ruhr University Bochum in Germany identified a security problem in the common messaging apps WhatsApp which could allow hackers to spy on private group chats. According to Forbes, in 2021, 97% of the firms are impacted by a cybersecurity breach in their supply chain and 93% of them suffered a direct cybersecurity breach. Therefore, the data security concerns are expected to limit the growth of the IoT sensors market. The artificial intelligence is a key trend in the IoT sensors market. Artificial intelligence is the basic ingredient required to process the huge amount of data gathered these days, and to maximize its value for the company. AI will assist IoT data analysis in the following areas, such as data accuracy in time series, predictive and advanced analytics, data preparation, geospatial and location real-time (logistic data). In 2020, based on their AI capabilities, the major cloud vendors, including Amazon, Microsoft and Google, are increasingly looking to succeed. Various companies hope to expand their market share with AI algorithms capable of exploiting machine learning and deep learning, allowing businesses to derive more value from their ever-increasing data volumes. In July 2021, Taoglas, an Ireland-based provider of advanced antennas and next-generation IoT solutions, acquired Smartsensor Technologies for an undisclosed amount. This acquisition allows Taoglas to expand their industrial and enterprise-level IoT services and accelerates their connected smart services growth objectives. Smartsensor Technologies is an Australia-based full-service Internet of Things company. Asia-Pacific was the largest region in the IoT sensors market in 2022. North America was the second-largest region in the global IoT sensors market share. The regions covered in the global IoT sensors market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the IoT sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The internet of things (IoT) sensors market consists of sales of temperature sensors, pressure sensors, humidity sensors, flow sensors, accelerometers, magnetometers, gyroscopes, and other internet of things (IoT) sensors. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The IoT sensors market research report is one of a series of new reports from The Business Research Company that provides IoT sensors market statistics, including IoT sensors industry global market size, regional shares, competitors with a IoT sensors market share, detailed IoT sensors market segments, market trends and opportunities, and any further data you may need to thrive in the IoT sensors industry. This IoT sensors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Non-Contact Infrared Thermometers Market Definition

The non-contact infrared thermometers market consists of sales of non-contact infrared thermometers by entities (organizations, sole traders, and partnerships) that develop and manufacture these thermometers to measure temperature. A non-contact infrared thermometer is a thermometer which utilizes infrared technology to measure thermal radiation of an animal or person without the need for any physical contact. Non-contact infrared thermometers are based on the property of characteristic radiation. Each object/ person above absolute zero (zero kelvins) emits infrared radiation relative to its temperature. By knowing the amount of infrared radiation emitted by the object and its emissivity, the temperature of an animal/person can be determined. Emissivity is defined as the relative ability of a material to emit infrared energy. Infrared radiation is defined as a portion of the electromagnetic spectrum that extends from the end of the ordinary visible-light range to the microwave range. This spectrum of light is invisible to the eye and can be detected as a sensation of warmth on the skin.

A water meter is a device that provides a measurement of water flowing through a pipe system or other outlet. Water meters are placed in a box, which is fitted underground or over the ground on public land. They generally feature automated meter reading technology. The main types of water meters are mechanical water meters and smart water meters. A mechanical water meter performs flow measurement by measuring the speed of water flowing through the pipe that causes a piston or turbine to rotate. This device records the amount of water being used in the domestic connection for billing purposes. Smart water meter wirelessly communicates with a wide area network, enabling remote location monitoring and leak detection, which results in minimal water wastage. It has different meter type such as ultrasonic meter, electromagnetic meter, mechanical meter water meters that are applied to residential, commercial, and industrial. The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global water meter market is segmented - 1) By Product Type: Mechanical Water Meter, Smart Water Meter 2) By Application: Residential, Commercial, Industrial The global water meter market size grew from $4.91 billion in 2022 to $5.19 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global water meter market size is expected to grow to $6.78 billion in 2027 at a CAGR of 6.9%. The increasing water consumption is expected to propel the growth of the water meter market in the forecast period. With the rise in population water consumption is increasing day-by-day. Water consumption is defined as the amount of water that is not returned to the source after usage. Water meter affects the consumption of water as it charges the user as per the volume of water used and also provides easier detection of leakage in the water pipe which helps in less wastage of water. According to the Nature partner journal, the global water demand is expected to increase to 20-30% more by the year 2050, which means that people are consuming groundwater without even knowing when it will run out. Therefore, increasing water consumption will drive the growth of the water meters market. Major players in the water meter market are Aclara Technologies LLC, Badger Meter Inc., Diehl Stiftung GmbH & Co. KG, Honeywell International Inc., Itron Inc., Kamstrup AS, Landis+Gyr Corporation, Zenner International GmbH & Co. KG, Arad Group, BMETER, Datamatics Global Services Limited, Elster Group GmbH, Maddalena Spa, Mueller Water Products, Roper Industries, Sanchuan Wisdom Technology Co. Ltd., Neptune Technology Group, and Aquiba Pty Ltd. The launch of IoT-enable water meters by the companies is a key trend gaining popularity in the water meter market. The Internet of Things (IoT) is a system of interrelated objects which are connected via the internet and collect and transfer the data over a wireless network without the need of another human. IoT-enabled water meter allows the user to know the exact of water used and creates two-way communication between the provider and the user to share information. It also helps in saving and reducing energy, forecasting the water demand, and identifying leaks. For instance, Exozen and WAVIoT are companies that use IoT-based smart water meters. In June 2021, Indian smart water meter developer WEGoT and French IoT solution provider Kerlink entered into a partnership to launch LoRaWAN-based water meter in India. This water meter will help utility companies to efficiently collect data and streamline operations to manage costs. The device inputs can integrate with third-party billing and ERP systems through a wide range of APIs. The device ensures that every drop of water consumed is accounted for, ensuring better servicing for utility companies and the quality of services for consumers. In January 2021, Badger Meter Inc., a US-based manufacturer of metering products using flow measurement and control technologies has acquired Analytical Technology Inc. for a deal amount of $44 million. The acquisition would enable Badger Meter Inc. with a robust, comprehensive, and scalable water quality monitoring offering that delivers real-time data on demand to industrial users and municipal water utilities. Analytical Technology Inc. is a US-based company that focuses on the manufacturing and distribution of water quality instruments based on electrochemical and optical sensors. Asia-Pacific was the largest region in the water meter market share in 2022. The regions covered in the gloabl water meter market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the water meter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The water meter market consists of sales of water flow meter, residential water meter, automated water meter control system, water current meter, water activity meter Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The water meter market research report is one of a series of new reports from The Business Research Company that provides water meter market statistics, including water meter industry global market size, regional shares, competitors with a water meter market share, detailed water meter market segments, market trends and opportunities, and any further data you may need to thrive in the water meter industry. This water meter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The flowmeter refers to a tool utilized to measure the linear, nonlinear, mass, or volumetric flow rate of a liquid or a gas. Flowmeter is also called a flow sensor. Open channels, such as rivers or streams, can be measured with flowmeters. Improving the accuracy, precision, and resolution of fluid measurement are some of the benefits of flowmeters. The main types of flowmeters include differential pressure flow meters, positive displacement flow meters, ultrasonic flow meters, turbine flow meters, magnetic flow meters, Coriolis flow meters, and vortex flow meters. The differential pressure flowmeter consists of sales of differential pressure flow meters by entities (organizations, sole traders, and partnerships) that refer to the principle of partly cutting off the flow in a pipe. Differential-pressure meters are highly popular and it is estimated that at least 40% of industrial flowmeters in usage currently are differential-pressure devices. The positive displacement flowmeter consists of sales of positive displacement flow meters by entities (organizations, sole traders, and partnerships) that refer to positive displacement flow meters, which are the only flow measuring technology to exactly measure the volume of fluid proceeded by the flowmeter. They are accessible in industrial grade, brass, or all-plastic construction. The main applications of flowmeters are in residential uses, industrial uses, and commercial uses. The flowmeters are used in multiple industries including water and wastewater management, oil and gas, chemicals, power generation, pulp and paper, and the food and beverage industries. The global flowmeter market is segmented - 1) By Type: Differential Pressure Flow Meter, Positive displacement Flow Meter, Ultrasonic Flow Meter, Turbine Flow Meter, Magnetic Flow Meter, Coriolis Flow Meter, Vortex Flow Meter, Others Flow Meter 2) By Application: Residential, Industrial, Commercial 3) By End User: Water and Wastewater, Oil and gas, Chemicals, Power Generation, Pulp and Paper, Food and Beverage, Other End Users The global flowmeter market size grew from $8.13 billion in 2022 to $8.93 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of the flowmeter market is expected to grow to $13.13 billion in 2027 at a CAGR of 10.1%. An increase in pharmaceutical production is expected to propel the growth of the flowmeter market. A flowmeter is a device that measures a liquid or gas's linear, nonlinear, mass, or volumetric flow rate. For the manufacturing of pharmaceuticals, flowmeters are used to control extremely sensitive conditions such as pressure and temperature. According to IBEF, the Indian pharmaceutical market grew 17.7% annually in August 2021, which is an increase from 13.7% in July 2020. Furthermore, according to India Ratings & Research, the Indian pharmaceutical market revenue is expected to be over 12% Y-o-Y in FY22. Also, in the USA, according to Pharmaceutical Commerce, it is projected that by the year 2023, Americans would spend between $635 and $655 billion on medicine. This represents a 29.6 – 33.7% increase in expenditure as compared to 2019. Therefore, the rise in pharmaceutical production is driving the growth of the flowmeter market. Major players in the flowmeter market are ABB Ltd., Emerson Electric Co., Em-Tec GmbH, Endress+Hauser Management AG, General Electric Company, Hitachi Ltd., Honeywell International Inc., Höntzsch GmbH, KROHNE Messtechnik GmbH, Siemens AG, Yokogawa Electric Corporation, VSE Volumentechnik GmbH, Keyence Corporation, Schneider Electric SE, and Saison Information Systems Co. Ltd. Technological Advancements are a key trend gaining popularity in the flowmeter market. Technological advancement is a discovery of knowledge that advances technology that may help the usage or production of a device, making it more efficient. For instance, in 2020, ABB, a Switzerland-based industrial equipment company launched the Sensyflow FMT700-P Compact thermal mass flowmeter. It is useful for the automotive industry to optimize the use of hydrogen to power electric drive trains. This flowmeter is ideal for fine-tuning the efficiency of cells that combine hydrogen and air to produce electrical power while emitting only water. It is accurate to 0.8 percent of reading over extensible and adjustable measuring ranges. The P-Compact is used to evaluate the performance of conventional turbochargers and related components, such as intake fans, throttle valves, and air filters, as well as hydrogen fuel cells. In 2021, Dwyer Instruments, a USA-based manufacturing company providing sensors and instrumentation solutions acquired Universal Flow Monitors, Inc for an undisclosed amount. Through this acquisition, Dwyer Instruments acquired a new product portfolio that has critical industrial applications. Universal Flow Monitors, Inc is a manufacturer of flow meters and controllers for fluids and gases in automation, robotics, and other process automation applications. The company's product portfolio includes vane style, vortex shedding, and laminar flowmeters as well as rotameters used across a wide range of end markets. Asia-Pacific was the largest region in the flowmeter market in 2022. Europe is expected to be the second largest region in the forecast period. The regions covered in the flowmeter market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the flowmeter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The flowmeter market consists of sales of multiphase meters, volumetric flowmeters, mass flowmeters, and others . Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The flowmeter market research report is one of a series of new reports from The Business Research Company that provides flowmeter market statistics, including flowmeter industry global market size, regional shares, competitors with a flowmeter market share, detailed flowmeter market segments, market trends, and opportunities, and any further data you may need to thrive in the flowmeter industry. This flowmeter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The non contact infrared thermometer is a thermometer that can be used to quickly and non-invasively evaluate temperature, possibly causing less discomfort than traditional methods. The main product types of non contact infrared thermometers market are the forehead, in-Ear, and multifunction. The in-ear non contact infrared thermometers are the thermometers that are used to measure the temperature of the ear inside the canal but are not accurate as contact infrared thermometers. These are used in veterinary and medical applications. The various distribution channels are hospital pharmacy, retail pharmacy, and online sales. The global non contact infrared thermometers market is segmented - 1) By Product Type: Forehead, In-Ear, Multifunction 2) By Application: Veterinary, Medical 3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Sales The global non contact infrared thermometers market grew from $0.3 billion in 2022 to $0.33 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global non contact infrared thermometers is expected to grow from $0.46 billion in 2027 at a CAGR of 8.7%. The increasing demand for non contact infrared thermometers market due to the COVID-19 cases is a key factor driving the growth of the market. The number of cases of COVID-19 infection is growing rapidly and with fever being a key symptom, it is essential to have a temperature test of the people wherever there is an enormous gathering. Infrared thermometers are efficient devices for accurate and frequent measurement of body temperature, as they monitor the temperature through the forehead from a distance, and in seconds. Therefore, the demand for the infrared thermometer is increasing every day due to its fast calculation and high precision features. Major players in the non contact infrared thermometers market are Braun, Omron Healthcare, Microlife Corporation, Paul Hartmann, American Diagnostic Corporation, Exergen Corporation, Beurer, Easywell Biomedical, and System. The high cost of non contact infrared thermometers market is a key factor hampering the growth of the non contact infrared thermometers market. Since the outbreak of COVID-19, non-contact thermometers or temperature guns have become limited on the market and are sold at very high prices. This is because the increasing need for screening tests to prevent COVID-19 spread has increased the demand for these devices. However, there is a demand and supply gap. As the number of COVID-19 cases is increasing globally, countries are struggling to export and import these devices due to restrictive containment measures, the closure of industries, and export bans. Due to the shortage of non-contact thermometers or temperature guns in the market, the available devices have become expensive resulting in customers moving towards buying traditional thermometers. Therefore, the high cost of non contact infrared thermometers is expected to hinder the growth of the non contact infrared thermometers market. The non contact infrared thermometers market based on Bluetooth is a key trend in the non contact infrared thermometer market. The door-to-door testing campaigns are becoming less realistic with increasing COVID-19 cases and this is where the smart thermometer comes into the picture. When the thermometer is switched on, it connects to the phone through Bluetooth and the location will also appear on the app, just like other thermometers, you can evaluate yourself and the findings will appear on the mobile phone, and if there is a fever, the information and location will be sent to the server. For example, using the Digi-Sense D/S IR Therm app, the infrared thermometer connects to the Bluetooth technology and sends information to the smartphone or iOS device. The results are stored automatically with a date-and-time signature in the app and they can be stored in a CSV format and emailed for future reference. North America was the largest region in the non contact infrared thermometers market in 2022. Western Europe was the second largest region in the non contact infrared thermometers market report. The regions covered in the non contact infrared thermometers industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the non contact infrared thermometers market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The non contact infrared thermometers market consists of sales of handheld infrared thermometers and stick-type or pocket infrared thermometers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The non contact infrared thermometers market research report is one of a series of new reports from The Business Research Company that provides non contact infrared thermometers market statistics, including non contact infrared thermometers industry global market size, regional shares, competitors with a non contact infrared thermometers market share, detailed non contact infrared thermometers market segments, market trends and opportunities, and any further data you may need to thrive in the non contact infrared thermometers industry. This non contact infrared thermometers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.