Japan Flow Meter Market Size, Share, and COVID-19 Impact Analysis, By Type (Differential Pressure, Positive Displacement, Ultrasonic, Turbine, Magnetic, Coriolis, Vortex, Others), By End User (Water & Wastewater, Oil & Gas, Chemicals, Power Generation, Pulp & Paper, Food & Beverages, Others), and Japan Flow Meter Market Insights Forecasts to 2033

Industry: Semiconductors & Electronics

RELEASE DATE Jan 2024
REPORT ID SI3451
PAGES 200
REPORT FORMAT PathSoft

Japan Flow Meter Market Size Insights Forecasts to 2033

  • The Market Size is Growing at a CAGR of 4.12% from 2023 to 2033.
  • The Japan Flow Meter Market Size is Expected to Hold a Significant Share by 2033.

Japan Flow Meter Market

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The Japan Flow Meter Market Size is expected to hold a significant share by 2033, at a CAGR of 4.12% during the forecast period 2023 to 2033.

 

Market Overview

Flow meters are devices that determine the volumetric, linear, or nonlinear flow rate of a certain gas or liquid. Flow meters go by a variety of names, including liquid meters, flow gauges, flow rate sensors, flow indicators, and others, depending on the industry in which they are employed. The ability of flow meters to measure the flow of liquids and gases may indicate productivity growth. Furthermore, as companies adopt automation technologies, the demand for dependable and high-precision flow meters has increased. These flow meters are critical to guaranteeing the smooth running of automated operations, lowering the chance of errors, and increasing overall productivity. Moreover, demanding safety standards in the oil and gas industry has resulted in greater use of modern flow meters. These standards emphasize the need for precise flow measurement to ensure safe operations and avoid environmental dangers. In additional, Infrastructure development operations throughout Japan have spurred the demand for flow meters. Whether it's monitoring water supply networks or optimizing energy use, flow meters have become essential tools for infrastructure development. Overall, the Japan flow meter market is expected to develop over the anticipated period.

 

Report Coverage

This research report categorizes the market for Japan Flow Meter Market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan Flow Meter Market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Japan Flow Meter Market.

Japan Flow Meter Market Report Coverage

Report CoverageDetails
Base Year:2023
Forecast Period:2023-2033
Forecast Period 2023-2033 CAGR:4.12%
Historical Data for:2019-2022
No. of Pages:200
Tables, Charts & Figures:120
Segments covered:By Type, By End User, and COVID-19 Impact Analysis
Companies Covered: Nitto Seiko Co. Ltd., Aichi Tokei Denki Co. Ltd., Azbil Corporation, OVAL Corporation, Tokico System Solutions Ltd., Tokyo Keiki Inc., Bronkhorst, Fuji Electric Co. Ltd., KANSAI Automation Co. Ltd, Others, and
Growth Drivers:1
Pitfalls & Challenges:COVID-19 Empact,Challenges, Future, Growth, & Analysis

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Driving Factors

The flow meters market is expected to be promoted in part by a recovery in these significant industries, as well as an increased demand for high-performance flow meters. The water & wastewater sectors are the primary end-users of flow meters, driving the market in Japan. Flow meters are used in wastewater treatment to quantify the flow of water through the system. These facilities require flow meters with increased accuracy, control, dependability, performance, and interoperability with various monitoring technologies. The growing Japan focus on water and wastewater treatment is resulting in increased use of flow meters. As a result, the need for flow meters is increasing in water and wastewater treatment plants.

 

Restraining Factors

The flow meter business remains significantly limited by a shortage of experienced workforce capable of operating advanced devices properly. Additionally, there is a significant lack of specialist equipment required to calibrate meters in the aerospace, water management, and agriculture industries.

 

Market Segment

  • In 2023, the coriolis segment accounted for the largest revenue share over the forecast period.

Based on the type, the Japan flow meter market is segmented into differential pressure, positive displacement, ultrasonic, turbine, magnetic, coriolis, vortex, and others. Among these, the coriolis segment has the largest revenue share over the forecast period. Coriolis flow meters measure the force produced by the fluid's acceleration away from the center of rotation. For instance, flowing water through a loop of mobile hose causes the body to swing back and forth while holding the hose with both hands. As the water rushes toward and away from the hand, opposing forces are formed, twisting the hose. Swinging in these flow meters is caused by vibrating the tube through which the liquid flows. This flow meter requires less maintenance and is widely utilized in sanitary applications. All of these causes drive up demand for coriolis flow meters.

 

  • In 2023, the oil & gas segment accounted for the largest revenue share over the forecast period.

On the basis of end user, the Japan flow meter market is segmented into water & wastewater, oil & gas, chemicals, power generation, pulp & paper, food & beverages, and others. Among these, the oil & gas segment has the largest revenue share over the forecast period. The expansion of natural gas from shale deposits is also predicted to increase demand for the product in the oil and gas (O&G), chemical, and petroleum refinement industries. Flow meters are an effective option for measuring the rate of upstream and downstream operations, custody transfers, and liquid hydrocarbons in the oil and gas and chemical industries.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan flow meter market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Nitto Seiko Co. Ltd.
  • Aichi Tokei Denki Co. Ltd.
  • Azbil Corporation
  • OVAL Corporation
  • Tokico System Solutions Ltd.
  • Tokyo Keiki Inc.
  • Bronkhorst
  • Fuji Electric Co. Ltd.
  • KANSAI Automation Co. Ltd
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the Japan flow meter market based on the below-mentioned segments:

 

Japan Flow Meter Market, By Type

  • Differential Pressure
  • Positive Displacement
  • Ultrasonic
  • Turbine
  • Magnetic
  • Coriolis
  • Vortex
  • Others

 

Japan Flow Meter Market, By End User

  • Water & Wastewater
  • Oil & Gas
  • Chemicals
  • Power Generation
  • Pulp & Paper
  • Food & Beverages
  • Others

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