According to the survey of Strait Research, we can draw the following conclusions. By the end of 2021, the global market size of ultrasonic flow meters (including ultrasonic water meters) has reached 690 million US dollars. In the current market size, the Asia-Pacific region is the largest market size region.
According to the current market conditions, it will reach a market size of 1.08 billion in 2030. From 2022 to 2030, it is predicted that the market will increase year by year at a compound annual growth rate of 5.1%.
As a part of ultrasonic flowmeter, the market size of ultrasonic water meter is also increasing year by year