Automotive and Transportation

Global Ultrasonic Flowmeter Market 2015-2019

  • TEC337250
  • 71 Pages
  • October 2015
  • Automotive and Transportation
About ultrasonic flowmeter
Ultrasonic flowmeters use ultrasound waves to measure and monitor fluid flows. These devices do not obstruct fluid flows in any manner, and so they can be used to measure sanitary, corrosive, and abrasive fluid flows. These flowmeters are widely used for custody transfer of natural gas across end-users such as oil and gas, petrochemicals, and chemicals. Ultrasonic flowmeters are mainly divided into three types based on the type of mounting: spool-piece, clamp-on, and insertion.

Technavio's analysts forecast the global ultrasonic flowmeter market to grow at a CAGR of 11.23% over the period 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the global ultrasonic flowmeter market for the period 2015-2019. To calculate the market size, the report considers revenue generated through:
Sales of ultrasonic flowmeters
Support, maintenance, and services

It also presents the vendor landscape and a corresponding detailed analysis of the three key vendors in the global ultrasonic flowmeter market. The report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Technavio's report, Global Ultrasonic Flowmeter Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Americas, and EMEA; it also covers the landscape of the global ultrasonic flowmeter market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions
APAC
Americas
EMEA

Key vendors
Bronkhorst
Emerson Electric
GE
Siemens

Other prominent vendors
ABB
Endress+Hauser
Hitachi
Honeywell International
Krohne
Yokogawa Electric

Market driver
Rising demand for ultrasonic flowmeters in process industries
For a full, detailed list, view our report

Market challenge
High initial investments
For a full, detailed list, view our report

Market trend
Development of smart ultrasonic flowmeters
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 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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