A new market study from Flow Research has found that the Coriolis flowmeter market is expanding on many fronts.
The study, The World Market for Coriolis Flowmeters, 8th Edition, found that the worldwide flowmeter market was $1.9 billion (€1.6 billion) in 2024, and is projected to exceed $2.4 billion (€2 billion) by 2029. The market is projected to grow at a compound annual growth rate (CAGR) of 6.2% throughout the forecast period.
Coriolis suppliers continue to push the performance envelope for Coriolis meters in many different ways.
Coriolis meters are more accurate than ever, and diagnostic software provides constant performance monitoring and helps predict when recalibration is needed.
Straight tube meters – both single and dual – are addressing the issue of clogging fluid that some bent tube meters experience. They also have minimal upstream and downstream straight run requirements, and offer ease of installation. Due to their compact construction, they fit more easily into tight spaces.
Dr Jesse Yoder, president of Flow Research: “It is hard to overstate the importance of Coriolis flowmeters to the broader flowmeter market.”
Coriolis flowmeters dominate worldwide market
