How big is the flow meter market | Segments & Trends 2031

Q: How big is the flow meter market size?

The flow meter market is projected to reach USD 13.1 billion by 2031.

Q: What is the CAGR of the flow meter market during the forecast period?

The flow meter market is projected to grow at a CAGR of 5.10% during the forecast period.

Q: Which industries use flow meters the most?

Flow meters are widely used in oil & gas, water utilities, chemicals, food & beverage, and pharmaceuticals for fluid and gas measurement.

Q: What are the types of flow meters commonly used?

Common types include magnetic, ultrasonic, Coriolis, turbine, and differential pressure flow meters, depending on the fluid and application.

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Code: MTA6789

Publication Date: Jul 2025

How big is the flow meter market?

According to 6Wresearch internal database and industry insights, the Global Flow Meter Market was valued at USD 9.4 Billion in 2024 and is expected to reach USD 13.1 Billion by 2031, growing at a compound annual growth rate of 5.10% during the forecast period (2025-2031).

The market is expanding due to growing demand for accurate fluid measurement across industries such as oil & gas, water treatment, chemicals, and pharmaceuticals. Advancements in smart flow meter technologies, stricter regulatory standards, and the shift toward process automation are driving industry adoption worldwide.

Key Growth Factors of the Flow Meter Market

Growing use of wastewater and water management systems
Increased demand in process industries for accurate flow measurement
Advancements in Coriolis and ultrasonic flow meters
expansion of refinery operations and oil and gas infrastructure
Regulations pertaining to resource management and emission monitoring
Combining wireless and digital connectivity in flow meter systems

Flow Meter Market Trends

Flow meter markettrends include a surge in demand for non-intrusive ultrasonic flow meters, rising deployment of IIoT-enabled smart meters, and increased focus on real-time monitoring solutions. Modular, battery-operated, and portable flow meters are gaining traction in remote and mobile applications.

Emerging Developments in the Flow Meter Market

Emerging Developments in the flow meter marketinclude AI-integrated diagnostics, energy-efficient flow meters, and self-calibrating devices for critical environments. Innovation in multiphase flow metering is opening new applications in oil extraction and chemical blending processes.