Introduction: Although today's flowmeters have matured, their types are still very numerous. There is no flow meter that is suitable for any occasion. With the development of industry, the accuracy and range of flow measurement are increasingly demanding. In order to adapt to a variety of uses, various types of flow meters have come out one after another, and the flow meter industry is also facing opportunities and challenges in the market segmentation.

In 2008, the market size of global flowmeters reached 2.83 billion U.S. dollars, an increase of 3.9% over 2007. It is predicted that by 2013, the global flow meter market will reach 3.48 billion US dollars. The compound annual growth rate for 2008-2013 will reach 4.2%. The market size of flowmeters has a good momentum of growth, but not all companies have development opportunities.

In the world, the main manufacturers of flowmeters include ABB, Emerson, EndressHauser or EH, Krohne, Siemens, Yokogawa. , as well as General Electric, Honeywell, Invensys, and Yamatake. The market concentration of flowmeters is relatively high. The top three vendors, Emerson, E+H, and ABB account for nearly 50% of the market. In the segmented market, these large companies will take up a large "cake" with their technological advantage. However, due to the low threshold of the domestic flow meter industry, the quality of flow meter products varies greatly, which leads to companies with weak technical forces to face enormous competitive pressure.

Domestic small and medium-sized flowmeter manufacturers want to be able to assign “a glass of cake” in the market segment, so they need to increase their investment in technology and pay attention to product quality and after-sales service.