According to a new study by Fact.MR, a market research and competitive intelligence provider, the global ultrasonic flow meter market is estimated at US$ 2.15 billion in 2024 and is projected to expand at a CAGR of 6.7% from 2024 to 2034.

The market is expanding at a significant pace, driven by growing demand for accurate and non-intrusive flow measurement solutions across various industries. Ultrasonic flow meters utilize ultrasonic technology to measure fluid velocity without disrupting the flow, making them a preferred choice for applications in water and wastewater management, oil and gas, chemicals, and other sectors.

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Key Companies Profiled in This Report

• Honeywell International Inc.
• OMEGA Engineering Inc.
• General Electric
• Emerson Electric Co.
• Greyline Instruments
• Siemens AG
• KRONE Group
• Endress+Hauser Management AG
• Hontzsch GmbH & Co. KG
• Energoflow AG
• Fuji Electric Co., Ltd.
• HONDA Electronics Co., Ltd.
• MIB GmbH
• Pietro Fiorentini S.p.A
• KOBOLD Messring GmbH
• Tokyo KEISO Co., Ltd.
• Tokyo Keiki
• Dynaflox Shanghai Co., Ltd.

 Key Takeaways from Market Study

• The global ultrasonic flow meter market is forecasted to reach US$ 4.11 billion by the end of 2034.
• Sales of ultrasonic flow meters in the United States are predicted to increase at a CAGR of 7.3% through 2034.
• Demand for ultrasonic flow meters in Japan is pegged at a market value of US$ 207.6 million for 2024.
• Sales of clamp-on ultrasonic flow meters are forecasted to rise at a CAGR of 6.8% from 2024 to 2034.