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Category: Business and Industry
Date Submitted: 09/10/2015 12:34 AM
Hexa Research Inc.
Industry Research,Custom Research & Consulting
Global Flow Sensors Market Size, Market Share,
Application Analysis, Regional Outlook, Growth Trends,
Competitive Scenario and Forecasts, 2012 To 2020
Flow sensors are used to measure the flow rate of a liquid or gas, and are used in equipment such as
flow meters. Flow meters are instruments used for measuring the volumetric, linear, or non-linear flow
rate of a liquid or gas. Oil and gas exploration activities, coupled with growing focus on renewable
energy development are expected to be the key market driver over the forecast period.
Energy efficiency has been witnessing growing emphasis since the past few years. Numerous initiatives
have been undertaken to promote and ensure energy efficiency across the globe. This is expected to
result in favorable market outlook and aid industry growth.
Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/flow-sensorsindustry/
Flow meters are an essential component in HVAC applications. Cooling related costs form a sizable
component of the overall operational cost of a building. By installing flow meters, the flow of water in
the cooling system can be measured, which helps in significant reduction of energy costs.
Hexa Research Inc.
Industry Research,Custom Research & Consulting
Since flow sensors are an integral part of these instruments, focus on controlling overall system costs is
expected to drive the market. Using flow sensors also aids in detecting energy losses. Plant operators
can read compressed air consumption, along with recording leakage limit values and programming limit
values.
Although there exist a variety of product segments, vortex, coriolis and ultrasonic flow sensors are
expected to gain market share over the next few years, which can be primarily attributed to growth in
end-use industries. Technological enhancements have resulted in development of smart sensors. These
provide...