Increasing capacity expansion in high-growth markets and process automation are mainly influencing the growth of flow meters. The flow meters market is anticipated to be partly driven by a turnaround in the key industries such as water & wastewater, oil & gas, refining & petrochemicals etc. and their increasing need for high-performance flow meters. Rising demand from emerging markets such as India and China have already driven overall demand for flow meters. Oil & gas and water & wastewater industries are the major end-use industries of flow meters that are driving the market.
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