New York, US, July 18, 2022 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “Coriolis Meters Market Analysis by Application (Signs & Displays, Oil & Gas, Chemicals and Petrochemicals, Food and Beverage, Others) Fluid Type (Liquid, Gas) Forecast 2030” valuation is poised to reach USD 2,232.56 Million by 2030, registering an 10.54% CAGR throughout the forecast period (2022–2030).
Coriolis Meters Market Overview
The rising use in the oil & gas industry will offer robust opportunities for the market over the forecast period. Coriolis metres are used in the oil & gas industry to measure fluid mass flow. With natural & shale gas production on the rise and investments in deep water projects on the rise, the market all is set to expand. With rising energy demand, the market for Coriolis flow meters is expected to expand rapidly in the coming years. Growing demand for energy, particularly oil and natural gas, is focusing attention on the flow measurement technologies and customer transfer measurement offering significant growth potential in the market. Investments in oil & gas projects, in particular, have increased in developing regions such as Asia-Pacific and the Middle East, because governments seek to address rising energy demand, providing a positive outlook for the market.
Coriolis Meters Market Report Scope:
| Report Metric | Details |
| Market Size in 2030 | USD 2,232.56 Million |
| CAGR (2022-2030) | 10.54% |
