TechNavio today launched its report Global Magnetic Flowmeter Market 2012-2016 based on an in-depth analysis covering the Americas, the EMEA region, and the APAC region. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”The growth of the Global Magnetic Flowmeter market is influenced by the increasing technological advancement across the globe. Today organizations across industries look for technologically advanced magnetic flowmeters which can be easily handled and provide more accurate flow measure. Many magnetic flowmeter manufacturers are using more advanced features, for instance an adhesion diagnostic level function in the magnetic flowmeter that monitors the working condition of the electrodes. Magnetic flowmeters are also being equipped with LCD alarm indicator bubble detection, and various other technologies that help to reduce noise from the magnetic flowmeter.”
According to the report, the increase in demand for magnetic flowmeters in the Water and Wastewater industry is one of the major drivers in the Global Magnetic Flowmeter market. Magnetic flowmeters are preferred in the Water and Wastewater industry since water is one of the best conductive fluids.
Further, the report states that the need for effective product differentiation is one of the major challenges in the Global Magnetic Flowmeter market. Currently, several vendors in the market are trying to differentiate their products by providing additional support and services to end-users.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are Siemens AG, ABB Ltd. and Emerson Electric Co.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
For further information on this report, please visit https://www.technavio.com/content/global-magnetic-flowmeter-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Global Magnetic Flowmeter Market 2012-2016
