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Global Flow Sensors Market Forecast to Grow at 7.68% CAGR

Flow sensors are used for measuring the flow of liquids, slurries, viscous media, gases, air, steam, and bulk solid materials. The device constitutes indicator, scale, top, and tube. The sensitivity varies depending on different characteristics of the fluid, like density, pressure, temperature, and viscosity.

The performance of the flow sensor is measured based on parameters, such as accuracy, reliability, range, and linearity. It is used extensively in process and discrete industries, including oil and gas, water and wastewater treatment, chemical and petrochemical, food and beverage, pulp and paper, and automotive.

Technavio analysts forecast the global flow sensors market to grow at a CAGR of 7.68% during 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the global flow sensors market for the period 2015-2019. To calculate the market size, we consider the revenue generated from various end-user industries.

The Technavio report, namely Global Flow Sensors Market 2015-2019, is based on an in-depth analysis of the market, with inputs from industry experts. We present the vendor landscape and a detailed analysis of the major vendors in the market. In addition, we discuss the primary drivers influencing market growth and the challenges facing the vendors and the market as a whole. We evaluate the key trends emerging in the market as well.

Source: http://www.reportbuyer.com

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