PUBLISHER: KBV Research | PRODUCT CODE: 1544226
PUBLISHER: KBV Research | PRODUCT CODE: 1544226
North America Flow Sensors Market Size, Share & Trends Analysis Report By Type (Gas and Liquid), By Technology (Differential Flow, Coriolis, Ultrasonic, Vortex, and Other), By Application, By Country and Growth Forecast, 2024 - 2031
The North America Flow Sensors Market would witness market growth of 5.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Flow Sensors Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,181.7 million by 2031. The Canada market is experiencing a CAGR of 7.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.2% during (2024 - 2031).
Flow sensors, flow meters, or transmitters are instruments to quantify the rate of passage of liquids or gases within a system. They play a crucial role in various industrial, commercial, and scientific applications by providing real-time data on the flow of fluids. These sensors are pivotal in a wide array of applications across different industries. Their ability to measure and control fluid flow is crucial for optimizing processes, ensuring safety, and enhancing efficiency. These sensors are used in chemical processing to ensure accurate dosing of chemicals.
In addition, these sensors in automotive fuel systems help optimize fuel injection, improving combustion efficiency and vehicle performance while reducing emissions and fuel consumption. In modern vehicles, these sensors monitor air intake in turbocharged engines, ensuring optimal air-fuel ratios and enhancing engine performance and efficiency. These sensors are critical in aircraft fuel systems for measuring fuel flow to engines.
Expanding Canada's food and beverage industry increases the need for precise flow measurement to ensure consistent product quality. These sensors help monitor ingredients' flow rates and ensure proper mixing, crucial for maintaining product standards. In terms of production value, the food and beverage processing industry were the largest manufacturing industry in Canada in 2022, as reported by the Government of Canada. The value of the products manufactured was $156.5 billion. In 2022, the value of processed food and beverage exports peaked at $54.3 billion, a 14.1% increase from the previous year. This figure accounted for 34.7% of the production value. Accurate flow measurement is essential for optimizing production processes, reducing waste, and improving efficiency. As Canadian food and beverage companies scale up operations, the demand for advanced sensors to manage and optimize these processes grows. The rising automotive industry in Mexico drives the need for sophisticated fuel management systems. These sensors are crucial for monitoring and controlling fuel flow in conventional and hybrid vehicles, ensuring optimal engine performance and fuel efficiency. Modern vehicles produced in Mexico are increasingly equipped with advanced transmission systems that require precise flow measurement. These sensors monitor the flow of transmission fluids, ensuring smooth gear changes and enhancing vehicle reliability. Hence, the growing food and beverage processing sector and the growing automotive industry in the region are driving the market's growth.
Based on Type, the market is segmented into Gas and Liquid. Based on Technology, the market is segmented into Differential Flow, Coriolis, Ultrasonic, Vortex, and Other. Based on Application, the market is segmented into Process Industries, Automotive, Healthcare & Medical, Environmental, Consumer Electronics, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- RECHNER Industrie-Elektronik GmbH
- Proxitron GmbH
- Siemens AG
- Sika AG
- TE Connectivity Ltd. (First Sensor AG)
- Emerson Electric Co.
- Sick AG
- Omega Engineering, Inc. (Arcline Investment Management)
- Christian Burkert GmbH & Co. KG
- TSI Incorporated
North America Flow Sensors Market Report Segmentation
By Type
- Gas
- Liquid
By Technology
- Differential Flow
- Coriolis
- Ultrasonic
- Vortex
- Other
By Application
- Process Industries
- Automotive
- Healthcare & Medical
- Environmental
- Consumer Electronics
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Flow Sensors Market, by Type
- 1.4.2 North America Flow Sensors Market, by Technology
- 1.4.3 North America Flow Sensors Market, by Application
- 1.4.4 North America Flow Sensors Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. North America Flow Sensors Market by Type
- 4.1 North America Gas Market by Country
- 4.2 North America Liquid Market by Country
Chapter 5. North America Flow Sensors Market by Technology
- 5.1 North America Differential Flow Market by Country
- 5.2 North America Coriolis Market by Country
- 5.3 North America Ultrasonic Market by Country
- 5.4 North America Vortex Market by Country
- 5.5 North America Other Market by Country
Chapter 6. North America Flow Sensors Market by Application
- 6.1 North America Process Industries Market by Country
- 6.2 North America Automotive Market by Country
- 6.3 North America Healthcare & Medical Market by Country
- 6.4 North America Environmental Market by Country
- 6.5 North America Consumer Electronics Market by Country
- 6.6 North America Others Market by Country
Chapter 7. North America Flow Sensors Market by Country
- 7.1 US Flow Sensors Market
- 7.1.1 US Flow Sensors Market by Type
- 7.1.2 US Flow Sensors Market by Technology
- 7.1.3 US Flow Sensors Market by Application
- 7.2 Canada Flow Sensors Market
- 7.2.1 Canada Flow Sensors Market by Type
- 7.2.2 Canada Flow Sensors Market by Technology
- 7.2.3 Canada Flow Sensors Market by Application
- 7.3 Mexico Flow Sensors Market
- 7.3.1 Mexico Flow Sensors Market by Type
- 7.3.2 Mexico Flow Sensors Market by Technology
- 7.3.3 Mexico Flow Sensors Market by Application
- 7.4 Rest of North America Flow Sensors Market
- 7.4.1 Rest of North America Flow Sensors Market by Type
- 7.4.2 Rest of North America Flow Sensors Market by Technology
- 7.4.3 Rest of North America Flow Sensors Market by Application
Chapter 8. Company Profiles
- 8.1 RECHNER Industrie-Elektronik GmbH
- 8.1.1 Company Overview
- 8.2 Proxitron GmbH
- 8.2.1 Company Overview
- 8.3 Christian Burkert GmbH & Co. KG
- 8.3.1 Company Overview
- 8.4 Siemens AG
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expense
- 8.4.5 SWOT Analysis
- 8.5 Sika AG
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 SWOT Analysis
- 8.6 TE Connectivity Ltd. (First Sensor AG)
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 SWOT Analysis
- 8.7 Emerson Electric Co.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expense
- 8.7.5 Recent strategies and developments:
- 8.7.5.1 Acquisition and Mergers:
- 8.7.6 SWOT Analysis
- 8.8 Sick AG
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 SWOT Analysis
- 8.9 Omega Engineering, Inc. (Arcline Investment Management)
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
- 8.10. TSI Incorporated
- 8.10.1 Company Overview
LIST OF TABLES
- TABLE 1 North America Flow Sensors Market, 2020 - 2023, USD Million
- TABLE 2 North America Flow Sensors Market, 2024 - 2031, USD Million
- TABLE 3 North America Flow Sensors Market by Type, 2020 - 2023, USD Million
- TABLE 4 North America Flow Sensors Market by Type, 2024 - 2031, USD Million
- TABLE 5 North America Gas Market by Country, 2020 - 2023, USD Million
- TABLE 6 North America Gas Market by Country, 2024 - 2031, USD Million
- TABLE 7 North America Liquid Market by Country, 2020 - 2023, USD Million
- TABLE 8 North America Liquid Market by Country, 2024 - 2031, USD Million
- TABLE 9 North America Flow Sensors Market by Technology, 2020 - 2023, USD Million
- TABLE 10 North America Flow Sensors Market by Technology, 2024 - 2031, USD Million
- TABLE 11 North America Differential Flow Market by Country, 2020 - 2023, USD Million
- TABLE 12 North America Differential Flow Market by Country, 2024 - 2031, USD Million
- TABLE 13 North America Coriolis Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Coriolis Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Ultrasonic Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Ultrasonic Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Vortex Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Vortex Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America Other Market by Country, 2020 - 2023, USD Million
- TABLE 20 North America Other Market by Country, 2024 - 2031, USD Million
- TABLE 21 North America Flow Sensors Market by Application, 2020 - 2023, USD Million
- TABLE 22 North America Flow Sensors Market by Application, 2024 - 2031, USD Million
- TABLE 23 North America Process Industries Market by Country, 2020 - 2023, USD Million
- TABLE 24 North America Process Industries Market by Country, 2024 - 2031, USD Million
- TABLE 25 North America Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 26 North America Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 27 North America Healthcare & Medical Market by Country, 2020 - 2023, USD Million
- TABLE 28 North America Healthcare & Medical Market by Country, 2024 - 2031, USD Million
- TABLE 29 North America Environmental Market by Country, 2020 - 2023, USD Million
- TABLE 30 North America Environmental Market by Country, 2024 - 2031, USD Million
- TABLE 31 North America Consumer Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 32 North America Consumer Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 33 North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 34 North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 35 North America Flow Sensors Market by Country, 2020 - 2023, USD Million
- TABLE 36 North America Flow Sensors Market by Country, 2024 - 2031, USD Million
- TABLE 37 US Flow Sensors Market, 2020 - 2023, USD Million
- TABLE 38 US Flow Sensors Market, 2024 - 2031, USD Million
- TABLE 39 US Flow Sensors Market by Type, 2020 - 2023, USD Million
- TABLE 40 US Flow Sensors Market by Type, 2024 - 2031, USD Million
- TABLE 41 US Flow Sensors Market by Technology, 2020 - 2023, USD Million
- TABLE 42 US Flow Sensors Market by Technology, 2024 - 2031, USD Million
- TABLE 43 US Flow Sensors Market by Application, 2020 - 2023, USD Million
- TABLE 44 US Flow Sensors Market by Application, 2024 - 2031, USD Million
- TABLE 45 Canada Flow Sensors Market, 2020 - 2023, USD Million
- TABLE 46 Canada Flow Sensors Market, 2024 - 2031, USD Million
- TABLE 47 Canada Flow Sensors Market by Type, 2020 - 2023, USD Million
- TABLE 48 Canada Flow Sensors Market by Type, 2024 - 2031, USD Million
- TABLE 49 Canada Flow Sensors Market by Technology, 2020 - 2023, USD Million
- TABLE 50 Canada Flow Sensors Market by Technology, 2024 - 2031, USD Million
- TABLE 51 Canada Flow Sensors Market by Application, 2020 - 2023, USD Million
- TABLE 52 Canada Flow Sensors Market by Application, 2024 - 2031, USD Million
- TABLE 53 Mexico Flow Sensors Market, 2020 - 2023, USD Million
- TABLE 54 Mexico Flow Sensors Market, 2024 - 2031, USD Million
- TABLE 55 Mexico Flow Sensors Market by Type, 2020 - 2023, USD Million
- TABLE 56 Mexico Flow Sensors Market by Type, 2024 - 2031, USD Million
- TABLE 57 Mexico Flow Sensors Market by Technology, 2020 - 2023, USD Million
- TABLE 58 Mexico Flow Sensors Market by Technology, 2024 - 2031, USD Million
- TABLE 59 Mexico Flow Sensors Market by Application, 2020 - 2023, USD Million
- TABLE 60 Mexico Flow Sensors Market by Application, 2024 - 2031, USD Million
- TABLE 61 Rest of North America Flow Sensors Market, 2020 - 2023, USD Million
- TABLE 62 Rest of North America Flow Sensors Market, 2024 - 2031, USD Million
- TABLE 63 Rest of North America Flow Sensors Market by Type, 2020 - 2023, USD Million
- TABLE 64 Rest of North America Flow Sensors Market by Type, 2024 - 2031, USD Million
- TABLE 65 Rest of North America Flow Sensors Market by Technology, 2020 - 2023, USD Million
- TABLE 66 Rest of North America Flow Sensors Market by Technology, 2024 - 2031, USD Million
- TABLE 67 Rest of North America Flow Sensors Market by Application, 2020 - 2023, USD Million
- TABLE 68 Rest of North America Flow Sensors Market by Application, 2024 - 2031, USD Million
- TABLE 69 Key Information - RECHNER Industrie-Elektronik GmbH
- TABLE 70 Key Information - Proxitron GmbH
- TABLE 71 Key Information - Christian Burkert GmbH & Co. KG
- TABLE 72 Key Information - Siemens AG
- TABLE 73 Key Information - SIKA AG
- TABLE 74 Key Information - First Sensor AG
- TABLE 75 Key Information - Emerson Electric Co.
- TABLE 76 Key Information - Sick AG
- TABLE 77 Key Information - Omega Engineering Inc.
- TABLE 78 Key Information - TSI Incorporated
