According to the latest estimates from Fact.MR, a leading market research and competitive intelligence provider, the global sales of Coriolis meters are projected to grow at a robust CAGR of 8.5%, reaching a market value of US$ 4.9 billion by 2033.

Coriolis flow meters have gained significant popularity due to their exceptional accuracy and reliability in flow measurement applications. These devices operate on the principle of inertia generated when a liquid or gas passes through an oscillating tube, causing the tube to twist in proportion to the mass flow rate. Coriolis meters are widely used to measure the mass flow of various substances, including acids, gases, water, and chemicals, making them indispensable across multiple industries.

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Coriolis meters are predominantly used to measure the bulk flow rate of liquids, though they are also employed in select gas flow measurement applications. These meters are particularly suited for measuring high-value products where precise flow measurement is critical. Since Coriolis meters measure mass flow directly, fluctuations in fluid density do not affect their accuracy. They are extensively utilized in industries such as oil & gas, chemicals & petrochemicals, and food & beverages. The integration of technological advancements, including the Internet of Things (IoT), is further boosting the adoption of Coriolis meters.

The operation of Coriolis meters is rooted in the mechanics of motion. They are designed to measure and monitor the flow of liquids, steam, and high-pressure gases in piping systems. While Coriolis meters excel in heavy-duty industrial applications, other flow meter technologies are typically used for non-industrial purposes.

Coriolis flow meters are also favored in scientific environments and applications that demand extremely high accuracy. By leveraging the Coriolis effect, these meters determine the flow rate of fluids passing through them. Understanding flow rates is essential for ensuring optimal process performance. When used to measure mass flow specifically, they are often referred to as Coriolis mass flow meters.

Key Takeaways from Market Study

  • The global Coriolis meters market stands at US$ 2.2 billion in 2023.
  • Demand for Coriolis meters in China is predicted to expand at a CAGR of 11.5% through 2033.
  • Sales of gas flow meters are expected to increase at a CAGR of 9.5% over the next 10 years.
  • Worldwide demand for liquid flow meters is set to rise at a CAGR of 8% from 2023 to 2033.

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Competitive Landscape

Leading companies in the Coriolis meter market are employing a range of strategies to strengthen their market position, including mergers, acquisitions, local sourcing, product innovations, and the launch of advanced technologies such as intelligent flow meters.

For instance, in September 2022, Yokogawa Electric Corporation unveiled the OpreX™ Magnetic Flowmeter CA Series as part of its OpreX Field Instruments portfolio. This new product line replaces the earlier ADMAG CA Series and introduces capacitance-type magnetic flow meters capable of measuring the flow of conductive fluids through a measurement tube without direct contact with the device's electrodes. Featuring a non-wetted electrode design, the CA Series offers enhanced user-friendliness, simplified maintenance, and improved operational efficiency, showcasing Yokogawa’s commitment to innovation in flow measurement technology.

Key Companies Profiled

  • Honeywell International, Inc.
  • ABB Ltd.
  • Schneider Electric SE
  • Emerson Electric Company
  • Omega Engineering, Inc.
  • Illinois Tool Works, Inc.
  • Badger Meter, Inc.
  • Kobold Instruments, Inc.
  • Kobold Messring GmbH
  • Endress+Hauser AG
  • KROHNE Messtechnik GmbH
  • Bronkhorst High-Tech B.V.
  • Brooks Instrument
  • PendoTECH
  • iCenta Controls Ltd

Recent Market Development

  • In June 2022, Sensirion expanded its portfolio of mass flow controllers with the introduction of the SFC5500. This high-performance device features multiple gas calibration options, making it suitable for a wide range of applications. The SFC5500 is equipped with a user-friendly push-in fitting mechanism, allowing users to easily replace components from a selection of compatible options. Designed to handle diverse flow ranges typically encountered in conventional devices, the SFC5500 stands out for its versatility and adaptability across various applications.

Key Segments of Coriolis Meters Industry Research

  • By Fluid Type:
    • Liquids
    • Gases
  • By Application:
    • Oils & Gases
    • Chemicals & Petrochemicals
    • Food & Beverages
  • By Region:
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

Read More: https://www.factmr.com/report/coriolis-meters-market

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global Coriolis meters market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study divulges essential insights into the market based on fluid type (liquids, gases) and application (oils & gases, chemicals & petrochemicals, food & beverages), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).

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