Ultrasonic flowmeters use ultrasound technologies such as sonar or radar scans to measure the flow of liquids inside a pipe. Networked communication protocols incorporated in the flowmeters help in analyzing the operation of the flowmeter and provide valuable information to end-users. As ultrasonic flowmeters do not obstruct the flow, they can be used to measure sanitary, corrosive, and abrasive liquids. These flowmeters are widely used in the custody transfer of natural gas in end-user industries such as petrochemicals, oil and gas, and chemicals.
Technavio’s analysts forecast the global ultrasonic flowmeter market to grow at a CAGR of 6.12% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global ultrasonic flowmeter market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Ultrasonic Flowmeter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Emerson • Endress+Hauser • General Electric (GE) • KROHNE • Siemens
Other prominent vendors • Badger Meter • Bronkhorst High-Tech • CMC Technologies • Danfoss • Eastech Flow Controls • Eastern Energy Services • ELIS PLZEN • Fuji Electric • HONDA ELECTRONICS • iCenta • Cameron- Schlumberger • TOKYO KEIKI • TOKYO KEISO • Total Temperature Instrumentation • Yokogawa Electric
Market driver • Growing nuclear power generation • For a full, detailed list, view our report
Market challenge • Volatility in raw material prices • For a full, detailed list, view our report
Market trend • Developments in ultrasonic flowmeters • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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