
Ultrasonic Flow Meter Market by Implementation Type (Clamp-On, Hand Held, Inline), Measurement Technology (Doppler, Hybrid, Transit Time), End-User - Global Forecast 2023-2030
Description
Ultrasonic Flow Meter Market by Implementation Type (Clamp-On, Hand Held, Inline), Measurement Technology (Doppler, Hybrid, Transit Time), End-User - Global Forecast 2023-2030
The Ultrasonic Flow Meter Market is projected to reach USD 3.35 billion by 2030 from USD 1.99 billion in 2022, at a CAGR of 6.69% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Ultrasonic Flow Meter Market.
- Based on Implementation Type, market is studied across Clamp-On, Hand Held, Inline, and Wall Mounted. The Inline commanded largest market share of 34.51% in 2022, followed by Wall Mounted.
- Based on Measurement Technology, market is studied across Doppler, Hybrid, and Transit Time. The Transit Time is further studied across Dual-Path Transit Time and Single-Path Transit Time. The Transit Time commanded largest market share of 38.55% in 2022, followed by Doppler.
- Based on End-User, market is studied across Chemical, Food & Beverage, Oil & Gas, Power Generation, and Water & Wastewater. The Food & Beverage commanded largest market share of 22.12% in 2022, followed by Oil & Gas.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 40.06% in 2022, followed by Americas.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Ultrasonic Flow Meter Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Ultrasonic Flow Meter Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Ultrasonic Flow Meter Market, highlighting leading vendors and their innovative profiles. These include Azbil Corporation, Badger Meter, Inc., Baker Hughes Company, Bove Intelligent Technology Co., Ltd., Bronkhorst High-Tech BV, Coltraco Ultrasonics, Dalian Zero Instrument Technology Co., Ltd., Danfoss A/S, EESIFLO Technologies Inc., ELIS PLZEŇ a.s., Emerson Electric Co., Endress+Hauser Group, Fuji Electric Co., Ltd., General Electric Company, Honeywell International Inc., HORIBA, Ltd., Katronic AG & Co. KG, KROHNE Messtechnik GmbH, Lanry Instruments (Shanghai) Co., Ltd., Manas Microsystem Pvt. Ltd., OMEGA Engineering, Inc., Panasonic Holdings Corporation, Schlumberger Limited, Schneider Electric SE, SICK AG, Siemens AG, SONOTEC GmbH, STMicroelectronics N.V., Tek-Trol LLC, Teledyne Technologies Incorporated, Texas Instruments Incorporated, Titan Enterprises Ltd., Toshiba Corporation, Transus Instruments BV, Triton Process Automation Pvt. Ltd., WIKA Alexander Wiegand SE & Co. KG, and Xylem Inc..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Ultrasonic Flow Meter Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Ultrasonic Flow Meter Market?
- What is the competitive strategic window for identifying opportunities in the Ultrasonic Flow Meter Market?
- What are the latest technology trends and regulatory frameworks in the Ultrasonic Flow Meter Market?
- What is the market share of the leading vendors in the Ultrasonic Flow Meter Market?
- Which modes and strategic moves are suitable for entering the Ultrasonic Flow Meter Market?
Please Note: PDF & Excel + Online Access - 1 Year
Table of Contents
192 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Ultrasonic Flow Meter Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Initiatives for industrial automation and preference for non-intrusive measuring techniques
- 5.1.1.2. Rising government investments in oil & gas and wastewater treatment projects
- 5.1.1.3. High availability of various ultrasonic flow meters through online distribution channels
- 5.1.2. Restraints
- 5.1.2.1. High cost of ownership and complex installation and maintenance
- 5.1.3. Opportunities
- 5.1.3.1. Technological advancements in ultrasonic flow meters based on AI and ML
- 5.1.3.2. Potential use of ultrasonic flow meter in solar thermal and geothermal power generation
- 5.1.4. Challenges
- 5.1.4.1. Limitations of ultrasonic flow meters due to inaccuracy and pipe material compatibility
- 5.2. Market Segmentation Analysis
- 5.2.1. Implementation Type: Emergence of hand-held implementation of ultrasonic flow meter for installation solution
- 5.2.2. End-User: Proliferating use of ultrasonic flow meters across the food & beverages industry
- 5.2.3. Measurement Technology: Increasing demand for transit time flow meters due to their precise flow measurement advantage.
- 5.3. Market Trend Analysis
- 5.3.1. Increasing industry focus on energy efficiency and adoption of advanced technologies in ultrasonic flow meters in the Americas
- 5.3.2. Government initiatives and standards to promote efficient use of ultrasonic flow meters in Asia-Pacific
- 5.3.3. Increasing production and export of crude petroleum in the EMEA region
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Ultrasonic Flow Meter Market, by Implementation Type
- 6.1. Introduction
- 6.2. Clamp-On
- 6.3. Hand Held
- 6.4. Inline
- 6.5. Wall Mounted
- 7. Ultrasonic Flow Meter Market, by Measurement Technology
- 7.1. Introduction
- 7.2. Doppler
- 7.3. Hybrid
- 7.4. Transit Time
- 7.5.1. Dual-Path Transit Time
- 7.5.2. Single-Path Transit Time
- 8. Ultrasonic Flow Meter Market, by End-User
- 8.1. Introduction
- 8.2. Chemical
- 8.3. Food & Beverage
- 8.4. Oil & Gas
- 8.5. Power Generation
- 8.6. Water & Wastewater
- 9. Americas Ultrasonic Flow Meter Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Ultrasonic Flow Meter Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Ultrasonic Flow Meter Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
- 12.3.1.1. Emerson Acquires Clamp-On Ultrasonic Flowmeter Company FLEXIM
- 12.3.2. New Product Launch & Enhancement
- 12.3.2.1. Ultrasonic Flowmeter Offers ASCII Flow Streaming
- 12.3.2.2. Fuji Electric Launches New S-Flow Ultrasonic Flow Meter
- 12.3.2.3. Sensus Launches New Ultrasonic Water Meter
- 12.3.2.4. SICK Launches New High Pressure Gas Flow Meter for Natural Gas Distribution.
- 12.3.2.5. ATO Launches Two New Flow Meters with Versatile Liquids, Gasses, and Steam Measurement Uses.
- 12.3.2.6. Panasonic Unveils Ultrasonic Meter To Measure Hydrogen Flow, Concentration.
- 12.3.2.7. AW-Lake’s New Flow Meter Offers On-Demand Measurement.
- 12.3.3. Investment & Funding
- 12.3.3.1. IIT Kanpur Incubated Startup Gets INR 3.29 Crores (USD 414.44 Thousands) From Ministry to Develop Smart Water Management Technologies.
- 12.3.4. Award, Recognition, & Expansion
- 12.3.4.1. Abbanoa, to Deploy Itron’s Next Generation Ultrasonic Water Meter
- 12.3.4.2. Titan Enterprises Expands Patents for its Ultrasonic Flowmeter Technology.
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. Azbil Corporation
- 13.1.2. Badger Meter, Inc.
- 13.1.3. Baker Hughes Company
- 13.1.4. Bove Intelligent Technology Co., Ltd.
- 13.1.5. Bronkhorst High-Tech BV
- 13.1.6. Coltraco Ultrasonics
- 13.1.7. Dalian Zero Instrument Technology Co., Ltd.
- 13.1.8. Danfoss A/S
- 13.1.9. EESIFLO Technologies Inc.
- 13.1.10. ELIS PLZEŇ a.s.
- 13.1.11. Emerson Electric Co.
- 13.1.12. Endress+Hauser Group
- 13.1.13. Fuji Electric Co., Ltd.
- 13.1.14. General Electric Company
- 13.1.15. Honeywell International Inc.
- 13.1.16. HORIBA, Ltd.
- 13.1.17. Katronic AG & Co. KG
- 13.1.18. KROHNE Messtechnik GmbH
- 13.1.19. Lanry Instruments (Shanghai) Co., Ltd.
- 13.1.20. Manas Microsystem Pvt. Ltd.
- 13.1.21. OMEGA Engineering, Inc.
- 13.1.22. Panasonic Holdings Corporation
- 13.1.23. Schlumberger Limited
- 13.1.24. Schneider Electric SE
- 13.1.25. SICK AG
- 13.1.26. Siemens AG
- 13.1.27. SONOTEC GmbH
- 13.1.28. STMicroelectronics N.V.
- 13.1.29. Tek-Trol LLC
- 13.1.30. Teledyne Technologies Incorporated
- 13.1.31. Texas Instruments Incorporated
- 13.1.32. Titan Enterprises Ltd.
- 13.1.33. Toshiba Corporation
- 13.1.34. Transus Instruments BV
- 13.1.35. Triton Process Automation Pvt. Ltd.
- 13.1.36. WIKA Alexander Wiegand SE & Co. KG
- 13.1.37. Xylem Inc.
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
Pricing
Currency Rates
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