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Flow Meter Market Size Worth $12.99 Billion By 2028 | CAGR: 5.70%: Grand View Research, Inc.


Flow Meter Market Size Worth $12.99 Billion By 2028 | CAGR: 5.70%: Grand View Research, Inc.
flow meter market size is estimated
to reach USD 12.99 billion by 2028, according to the new report conducted by Grand View Research, Inc. It is projected
to register a CAGR of 5.70% during the forecast period. The penetration of IoT has helped the evolution of smart flow rate measurement solutions, leading to an increased demand for intelligent flow meters. The adoption of flow meters is expected to increase as rapid urbanization triggers the need for better water and wastewater management.
Key suggestions from the report:
The market for flow meter is anticipated to witness substantial growth during the forecast period due to the integration of IoT in flow meters, which has led to the introduction of smart flow rate measurement solutions ....

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