What is Waterflow Detector?
Waterflow Detector is a device comprised of sensors to detect the presence of flow of water through sprinkler systems. Presence of smoke or fire owing to some leak in system results in activation of fire sprinklers which further creates flow. The high innovation in the field of sensors has resulted in massive exploration of its applications, one of them being in sprinkler water flow detection. Installation of this detectors also leads to water conservation. Increasing government policies for sustainability also impacts in positive manner. There are four main types of waterflow detectors which are turbine, vortex, ultrasonic and electromagnetic. Geographically, Asia Pacific is the biggest market which is expected to grow even further with rising economies in the region.
The market study is broken down by Type (Turbine, Vortex, Ultrasonic and Electromagnetic) and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Siemens (Germany), Honeywell International (United States), ABB Ltd. (Switzerland), Schneider Electric (France), Emerson Electric Co. (United States), Yokogawa Electric (Japan), Endress Hauser (Switzerland), Azbil (Japan), Badger Meter (United States) and Krohne Messtechnik (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Weflo Valve LLC (United States), Qingdao Kingworld Control Co., Ltd (China) and Rapidrop Global Ltd. (United Kingdom).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Waterflow Detector market by Type, Application and Region.
On the basis of geography, the market of Waterflow Detector has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use , the sub-segment i.e. Waste Water Treatment will boost the Waterflow Detector market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel , the sub-segment i.e. Direct will boost the Waterflow Detector market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2020, TE Connectivity Ltd., Swiss based technology and sensor developer has announced completion of acquisition of majority stakes in First Sensor AG which is one of the industry leaders in sensor systems based out of Germany. TE holds around 71.87% shares of First Sensor. The acquisition will enable TE’s grip in sensor technology and combined with their synergies could developed advanced innovative products in the sensors field.
In 2020, Honeywell International Inc., American Multinational Company, has announced acquisition of Ballard Unmanned Systems from Ballard Power Systems Inc. Ballard Unmanned Systems is pioneering in hydrogen proton exchange membrane fuel cell systems and unmanned aerial vehicle powered by those cells. The acquisition will even include the intellectual property rights among with all the major assets of the Ballard Unmanned. Ballard Unmanned can benefit by using Honeywell’s resources to develop scalable manufacturing of their products.
Market Trend
- Refining and Petrochemicals is one of the Biggest Beneficiary of Waterflow Detectors
Market Drivers
- Innovation in Sensor Technology
- Increasing Investments in Digital and Tech Based Solutions
Opportunities
- Asia Pacific with Increased Investments in all of the End Use Industries is expected to Major Market in Coming Decade
Restraints
- High Initial Cost of Setup and Integration with Systems
Challenges
- Emergence of Market Disruptive Technology
- Probability of Systems Connected with Waterflow Detectors to be impacted by Cyber Threats
Key Target Audience
Waterflow Detector Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.