Pune, Maharashtra Feb 13, 2019 (Issuewire.com) - Global Electromagnetic Flow Meter Market is expected to reach US$ 14.5Bn by 2026 from US$ 7.5Bn in 2017 at CAGR of 8.59%. The electromagnetic flow meter is theoretically an electromagnetic flow meter or a mag meter. This device used to measure mass, linear, volume, nonlinear flow rate of a liquid or a gas. The magnetic flow meter can measure water-based or conductive volumetric flow. They are perfect for applications which need low maintenance and low-pressure drop.
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They are appropriate for wastewater applications or unclean conductive liquids. One of the key driving factors for the electromagnetic flowmeter market is the removal of the wiring constraint. The wireless transmission system decreases the difficulty of monitoring rotating equipment, which would support the magnetic flow meter industry. Their market share is accounted to be about 60% of the overall flow meter market share in 2017. Additionally, there are also power challenges to be solved. The wide range of both liquid types and pipe diameter types create the need for a dynamic power control capability, effectively having one design that fits all sensor type necessity with minimum power dissipation. Water and wastewater are leading the market. With water becoming a scarce resource, the need for investment in the technology that can sustain the water resource for future usage is increasing. Water scarcity is already affecting every continent, with many countries facing challenges to deliver water for the population.
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