Type (Insertion Flow Meters, Inline Flow Meters)
The insertion flow meters segment is estimated to gain the largest market share of 60 % in the year 2037. Some insertion flow meters offer multiparameter measurement capabilities, allowing for the simultaneous measurement of parameters such as flow rate, temperature, and pressure. This provides comprehensive data for process monitoring and control. The ability to retrofit insertion flow meters into existing pipelines is a significant driver for their adoption. Industries looking to upgrade their flow measurement capabilities can easily install insertion flow meters without the need for significant infrastructure changes or pipe cutting.
End User (Chemicals, Pharmaceuticals, Food & Beverage)
The pharmaceuticals segment is expected to garner a significant share in the year 2037. The production of biopharmaceuticals, including vaccines, antibodies, and therapeutic proteins, is expanding. Biopharmaceutical manufacturing often requires precise flow measurement for critical processes like cell culture, fermentation, and purification. The global pharmaceutical market has been experiencing growth over the years due to various factors like population growth, increasing healthcare needs, and advancements in medical treatments. This growth drives the demand for flow meters in pharmaceutical manufacturing processes.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Abhishek Verma
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